“Seen the price of Hapag-Lloyd today?” one source asked towards the end of the trading session on Friday, when the shares of the German carrier traded over €120 apiece.

You read it right: €120. That’s about $24bn in market cap, a near-30% premium against the value of Maersk’s container shipping assets PLUS all the other operations under its umbrella (terminals, logistics, towage and so forth).

“Klaus-Michael Kuehne is a genius” was my first section.


As The Financial Times reported in its key stats ...

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    April 27, 2020 at 2:54 pm

    There’s a company in chile stock market, name Vapores (VAPORES.SN) that’s the only asset its has is the 30% stake in Hapag LLoyds, its owned by 61% Luksic group, and it price its 90% below its only asset Hapag LLoyd, its tades at 19 pesos and it should be at 0 discount trading at 145 pesos, its market cap its usd 700 milions, and owns 30% of Happag LLoyd thats worht USD7.200 millions. Vapores has a 39% of free float.
    Please check it, could be a vehicle to enter at Hapag with a incredible discount.
    best wishes

    Naim Jadue
    K2 Advisors