SELL: DAMPSKIBSSELSKABET NORDEN A/S Last week I sold my shares in the independent danish shipping company D/S NORDEN (market cap $1B) for 83% pre-tax total return. The company operates mainly in the transport of bulk commodities such as grain, coal, iron ore, and sugar. The stock mainly profited from the recent rise of commodity prices, demand and inflation in the framewotk of the post-COVID reopening trade.
Share this post
Rebalancing July 22/23, 2021: Selling…
Share this post
SELL: DAMPSKIBSSELSKABET NORDEN A/S Last week I sold my shares in the independent danish shipping company D/S NORDEN (market cap $1B) for 83% pre-tax total return. The company operates mainly in the transport of bulk commodities such as grain, coal, iron ore, and sugar. The stock mainly profited from the recent rise of commodity prices, demand and inflation in the framewotk of the post-COVID reopening trade.