Porsche Automobil Holding SE ADR (POAHY)

[crudeoil24]

SEPTEMBER > PORSHE > IPO > GOING TO BE HUGE!

[crudeoil24]

Sports car brands can achieve higher valuations than traditional auto makers. Ferrari (RACE) stock, for instance, trades for about 35 times estimated 2023 earnings. Volkswagen stock trades for about five times.

[crudeoil24]

Porsche SE Could Become a More Attractive Investment -- Market Talk
2:08 am ET August 19, 2022 (Dow Jones) Print
0607 GMT - Volkswagen's biggest shareholder, Porsche SE, so far is a passive holding company with high litigation claims and not an attractive investment, though the company might be changing into an actively managed holding amid the potential stock-market listing of the German auto maker's sports-car brand Porsche AG, analysts at Jefferies say in a research note. While Porsche SE has so far made only very limited efforts to diversify its assets, it looks set to acquire a stake in Porsche AG in the case of an IPO, the analysts say. "This would be positive, opening the possibility that Porsche SE could become an actively managed vehicle to grow and diversify family wealth like Exor has been for the Agnelli family," they say. ([e-mail])


(END) Dow Jones Newswires

August 19, 2022 02:08 ET (06:08 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

[crudeoil24]

Porsche's initial public offering is getting close. It's going to be big.

POAHY

[crudeoil24]

Porsche Could Be Worth as Much as All of Volkswagen in an IPO -- Barrons.com
8:15 am ET August 26, 2022 (Dow Jones) Print
Al Root
Porsche's initial public offering is getting close. It's going to be big.

Friday, Bloomberg reported that Porsche has lined up investor interest for a deal. Building out a book of investors who will buy shares is part of the process in any stock offering.

Volkswagen (ticker: VOW3. Germany), which controls the Porsche brand, didn't immediately respond to a request for comment.

Porsche Automobil Holding SE (PAH3. Germany) is a listed company that holds 53.3% of the ordinary stock in Volkswagen. It is a long-term investor in Volkswagen.

Porsche AG, meanwhile, is the entity that makes, well, Porsches. Porsche AG will be the company raising money by selling shares. Volkswagen will likely retain a stake in the maker of iconic sports cars.

The IPO is one potential way to unlock some of the value of one of Volkswagen's brands for Volkswagen investors. Along with Porsche, Volkswagen makes Lamborghinis, Bugattis, and Bentleys, among other vehicles.

Sports car brands can achieve higher valuations than traditional auto makers. Ferrari (RACE) stock, for instance, trades for about 35 times estimated 2023 earnings. Volkswagen stock trades for about five times.

The IPO is slated for September, according to Bloomberg, and the valuation could hit $60 billion to $85 billion. For context, Volkswagen has a market capitalization of about $85 billion, so the upper end of the Porsche valuation range is the same as the entire valuation for VW these days.

With the car business, sometimes less is more. Ferrari has a market cap of roughly $37 billion. It delivered about 11,000 cars in 2021, for a valuation of roughly $3.3 million a car. Porsche delivered about 300,000 cars that same year. At $85 billion, Porsche stock would be valued at about $280,000 a car. VW delivered more than 7.7 million. It is valued at about $11,000 a car sold.

VW stock was up about 1.3% in overseas trading early on Friday. It's a positive reaction, but it isn't huge because the market has expected the IPO for a while. Futures on the S&P 500 and Dow Jones Industrial Average were down 0.3% and 0.2%, respectively.

Write to Al Root at [e-mail]


(END) Dow Jones Newswires

August 26, 2022 08:15 ET (12:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

[makinezmoney]

$POAHY: If Ferrari's $RACE is trading $199 right now


Then $POAHY will easily bump up to a $100 minimum !!!!!!!!!!!



Its a STEAL now at $7



GO $POAHY

[makinezmoney]

$POAHY: Thats right, IPO coming in SEPTEMBER !!!!!!!!!


LOaaadddddddddddddd here at $7 now on $POAHY !

https://www.bloomberg.com/news/articles/2022-08-26/porsche-lines-up-ipo-demand-at-up-to-85-billion-valuation?sref=WFt20nR4&utm_campaign=socialflow-organic&utm_source=twitter&utm_content=business&utm_medium=social&cmpid=socialflow-twitter-business






GO $POAHY

[Porterhouse10]

In the zone here, buy target close, wow $POAHY

[Porterhouse10]

Interesting price here, Chart is not so bad for a Sling Shot

[Porterhouse10]

Until its not

[weedtrader420]

WOW! PORSCHE WOOHOOOOOO WOOHOOOOOO 2022 Is going to be exciting POAHY

[weedtrader420]

WOOHOOOOOO WOOHOOOOOO Awesome Dip added more WOOHOOOOOO

[weedtrader420]

Porsche IPO coming this will be huge $100 target price woohoooooo

[weedtrader420]

POAHY $100 STOCK 2022

[Stockpennies]

CEO JUST ON CNBC

This stock deserves the RIVN and Lucid TREATMENT !!!!

[weedtrader420]

P O A H Y $ $20 TARGET TARGET WOOHOOOOOOOOO

[Stockpennies]

STEVE WEISS on fir about POAHY!!!!

said if valued like Tesla we would be at 500 a share without the gas fueled cars taken into account !!!!!

cnbc. today at around 930 west coast time

[Space Cats]

$POAHY It's Porsche :) Big Board stock on OTC!

There are many others like Adidas and Mercedes!

Hats off to you Stockpennies and CNBC Steve Weiss :)

Only going up...although most OTC traders can't grasp the long term concept, even though they see these vehicles and merchandise every single day.

[Stockpennies]

Steve Weiss on CNBC. once again mentions POAHY for his pick !!!!!

[Space Cats]

Absolutely agree! Chart is looking great :)

[plexrec]

Bought some of this today---comes highly recommended by stock analyst Steve Weiss on Cnbc---liked what I heard---VW and Porsche gonna lead the way in EV--stay tuned !!!!!

[TeddyCaswell]

Hmm nobody trades this

[ecmoney]

ouch!!