Comment / Snapshot: Kerry Logistics in the bargain bin? Smell the synergy

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Stock price at the time of writing: HK$14.6.

One-year implied upside, according to one bullish broker (bearish on Expeditors): +43.8%.

Wow?

Ok, so.

Looking for stuff on Hong Kong’s Kerry Logistics (KLN) is routine for Premium, yet updates on or from the firm, a major player on the transpac tradelane, are seldom meaningful.

There’s not a lot, usually, that is announced to the public, if you are familiar with its – sometimes convoluted – disclosure policy and website.

Now controlled by China’s SF Holding (SF), however, it’s about ...