Splash Extra

Perplexing liner share prices

Splash Extra questions whether investors are being hoodwinked when it comes to the financials of the carriers

After global container shipping demand fell by 4.9% in Q1, a terrible Q2 was expected with volumes declining by as much as -20% to -25%. As that massive downfall in demand may prove only to amount to -15% to -18%, the A.P. Moller-Maersk share price jumps by 7%. What the hell?

Moreover, Q2 ‘EBITDA before restructuring and integration cost’ is now seen higher than EBITDA for Q1. Splash Extra is still searching for any meaningful information made available in this update, as well as s...

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