The 'enviable position' of carriers' balance sheets...
What the numbers suggest
You read it here in the FT’s key stats section:
“DSV Panalpina A/S (DSV:CPH) set a new 52-week high during today’s trading session when it reached 944.40. Over this period, the share price is up 52.62%.”
A bit later, a new record was set at Dkr945 ($151.2) apiece. Well over $30bn in market cap.
Here is how quickly the stock has rallied against consensus estimates, currently at Dkr896:
And multiples:
By the way, a stock split on its way, I hear you say?
Judging by the latest from across the pond, it may well be an idea worth exploring.
(Business Insider: “Robinhood hosted more than 4.3 million daily average trades in June – handily beating its biggest brokerage rivals”)
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Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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