Emperor Penguin
Emperor Penguin

As you might know, in mid-August last year I wondered if the DSV rally was hype or hope, arguing it was clear that the M&A industry benchmark would need more than some solid trading updates and a shrinking share count to test Dkr600 a share by 31 March 2019.

It has been a bumpy road since.

Background 

Soon after my coverage, as it turned out, its stock closed a whisker (~ 1%) above Dkr600. Then, between September and December it was hammered, mainly due ...

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