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Business

Full steam ahead for Maersk shares

admin
May 26th, 2014


This article is more than 10 years old.

On the back of Q1 report, shares reach highest price since 2007

Maersk shares have been performing extremely well since the publication of the company’s first quarter results on Tuesday of last week.

READ MORE: Maersk in strong first quarter showing

Børsen business newspaper reports that the quarterly report led to Maersk B shares reaching their highest level since November 2007. By the end of the week they were trading at 14,000 kroner per share, representing an increase of 6 percent that week and 20 percent since the start of the year.

A number of analysts expect even more of the company in the future and have raised their targets for Maersk shares.

AP Møller Mærsk has two publicly traded share categories, Maersk A and Maersk B, in the Danish top-performing C20 index. Maersk A shares trade for less but, unlike B shares, carry voting rights.

As of midday on Monday, the B shares were trading at 14,070 kroner. 


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”