Premium / Market Insight: Copenhagen burns cash as APMM ‘wants the top forwarders out’

first_img New Premium subscriber REGISTER By Alessandro Pasetti 25/09/2019 Premium subscriber LOGIN Reset Your Password Password* Forgotten your password? Please click here Please Login Reset “Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” – Jim Rogers.If you have good memory you must recall that in July I wondered whether shrinking the share count made any sense to prop up shareholder value at AP Møller-Mærsk (APMM).In principle, the idea that earnings per share growth could boost appetite in a stock that trades at a large discount to book value (~ 30% @ APMM) isn’t, in fact, totally … LOGIN Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Please either REGISTER or login below to continue << Go back Email* Email*last_img read more