More pressure on shippers from new levy at container depots at Nhava Sheva
Container depot operators in and around India’s Nhava Sheva port (JNPA) have announced an additional ...
“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.
Skyrocketing
As The Financial Times reported in its key stats ...
Comment on this article
NAIM JADUE
April 27, 2020 at 2:54 pmThere’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
Alessandro Pasetti
April 27, 2020 at 3:01 pmThanks for your comment, Naim. Clearly you mean CSAV (which merged with HL in 2014), the other major shareholder with Mr Kuehne controlling 30% of the HL equity https://www.marketscreener.com/COMPA-A-SUD-AMERICANA-DE-6524875/financials/. Interesting angle indeed… thanks for your comment!
Best regards,
Ale