Comment / Risk-on DSV plan 'explained'

ID 13640635 © Matthew Williams Ellis | Dreamstime.com

The day after DSV’s recent Black Tuesday on 24 October, I briefly argued that, counterintuitively, it would have made sense to look more favourably, let alone speculatively, at the stock of the battered forwarder instead of mulling over value with stronger performer Kuehne + Nagel in Q3 23.

So far so good on the downslope (click to expand the table above) but, just as the sharks are smelling the opportunity, based on the feedback I have gathered, it’s one DSV bull turned ...