Yes - a cursory look back through my contributions will reveal a transparent pattern of deramping, selling down - then buying in and ramping unashamedly.
Are you having a laugh or just finally getting used to WSG timescale. Elton John might become Prime Minister of a New right wing gay pride pro Brexit government - in the next year or so!!!
Next year or so eh? I’ll get all excited about that then...with immediate effect.
That there are many containers in the world, addressable this market is huge. Just need to be paid for looking at them. Shouldn’t be this difficult says ice cream analyst.
But a large component of the market won’t/didn’t believe it’d happen (and still don’t) so depending on the detail, I’d like to think you’re being pessimistic.
But the dilution inflicted in recent years (bloody ferry plus this latest dump etc) will now come home to roost. If PF wants £2+, then he probably needs Tema+3. Fat chance in the short term.
I think they need to convert Tema plus at least (sorry) one other MSC in order to generate some credibility given their output (yawn) versus delivery (nil).