Volkswagen AG (VWAGY)

[koolmc]

still in a tight channel

[Nickftw]

Just bought into VLKAY @ 30.30! Expecting a full recovery over the next few years. I'm glad I got in now.

[BrazenBull]

is the forum for the volkswagon

[MIKALJAMES]

http://www.cnbc.com/2016/06/27/volkswagen-us-diesel-emissions-settlement-to-reach-nearly-15b.html

[koolmc]

In a few years the dieselgate will be forgotten

[koolmc]

yep holding nice and steady at 31's :) nice swingtrade so far

[venturecapp]

Volkswagen AG Strikes Deal with US Regulators http://marketexclusive.com/volkswagen-ag-adr-otcmktsvlkay-strikes-deal-us-regulators/5878/

[venturecapp]

Volkswagen AG Strikes Deal with US Regulators http://marketexclusive.com/volkswagen-ag-adr-otcmktsvlkay-strikes-deal-us-regulators/5878/

[Surfer604]

Ya buddy! Been in for a while. In a $24.

[koolmc]

31's

[koolmc]

In the 30s now :)

[Surfer604]

Nicely recovering.

[catty]

To all: Have a great Holidays. Stay safe

[catty]

kool: I know, however, OTC stocks are marginable especially if they're over $5

[koolmc]

it's on otcmarkets probably the reason why

[catty]

koolmc: steady as she goes. Inches up every day

Strange that this stock is not marginable.

[koolmc]

30's :) nice and steady

[koolmc]

29.60 already up mid term guess peeps are disappointed it didn't fall more down for their trade.

[koolmc]

yep in the meantime short term volatility, but in long term will work out well but don't think it will go back to 50 high that soon more like 30-40's that's where it was before the drop imo

[Hulk Hogan is God]

Sniffing at this interesting little Schnitzel, not quite ready yet.

[Surfer604]

This is a long term play. It will dip more but be back to $50 in 1-2 years.

[CashMoneyNY]

Abandon ship all hope is lost

[catty]

This is a long term play. Just have patience it'll bounce back. Consumers love VW.

[Ice86]

Long today.GLTA

[CashMoneyNY]

Volkswagen Is Expected to Post Quarterly LossAnalysts say impact of emissions scandal may push auto maker into red

ENLARGE

Matthias Müller, chief executive officer of Volkswagen, said recently the company has to go through a rough patch before its profit returns to levels enjoyed before the emissions cheating scandal. PHOTO: KRISZTIAN BOCSI/BLOOMBERG NEWS

By 

WILLIAM BOSTON and

 

MURAT SAHIN

Updated Oct. 27, 2015 4:16 a.m. ET

BERLIN—Amid Volkswagen AG’s crisis over cheating on emissions testing, analysts have slashed their earnings outlook for the auto maker and expect it to report a loss for the third quarter.

Volkswagen is set to present results for the three months ended in September on Wednesday. The company has taken a €6.5 billion ($7.2 billion) charge against third-quarter earnings to pay for a global recall of as many as 11 million vehicles.

RELATED

VW Earnings: What to Watch

That will push the company into the red, according to a consensus of analysts polled by The Wall Street Journal. Their average estimate calls for Volkswagen to swing to a third-quarter loss of €1.6 billion from a net profit of €2.9 billion last year.

[catty]

Cash: I bought now while it's still low.

[CashMoneyNY]

The time to buy Volkswagen will be February after it all settles down

[CashMoneyNY]

2016 Models maybe affected also ouch

[Consiglieri]

30% gain this week... Nice!!

[koolmc]

in the 29's :) nice bounce where is everybody lol

[sunspotter]

"Honestly feeling BULLISH on this one!

What say ye?!?!"

I say (and so does my money) that VW haven't seen the worst of it yet by any means.

As the world's leading investor says, there's never just one cockroach in the kitchen.

[ronk]

When the fed fines are known, but until then. Wholatta nope.

[Consiglieri]

Honestly feeling BULLISH on this one!

What say ye?!?!

Consensus here appears to be divest and run away.

I am not seeing real break down of Volkswagen the entity,

I have heard repeatedly that the time to short is over.

Thoughts/Comments/Concerns?

I would pick up 5-15% target equity at these prices. Which for the average iHub visitor means $500 to $5,000 as a starting position.

To be honest I was recommending 5% target equity position yesterday to colleagues and we are down just slightly today. No regrets given we are the "new" shareholders and not the "old" ones !

[Krefish]

AY is a public stock

[willlbone]

Like Rubella and Rubeola.
Rubella is German measles, while rubeola is regular measles.
You don't want either.

[HattieTheWitch]

Any idea why the divergence in the chart between VLKAY & VLKPY?

I'm thinking about getting PY, but would like to understand why the difference between the two.

Thanks.

[jjr04001]

Penny stock traders are watching. $10 coming?

[willlbone]

Check the car seats for asbestos.

[sunspotter]

"Wrong board?"

Looks like it.

No Moderators here. Yet.

[ronk]

Best of luck to you!

#troll

[legalizeMJ]

VLKAY is in trouble. Not so sure. I disagree with all of that. Profits and a well balanced quarterly report will drive a price per share up. VLKAY is still printing shares to pay themselves like they have since inception. I'll keep my money in my wallet but thanks for the bold font.

BE CAREFUL.
BE VERY CAREFUL here!

[ronk]

Wrong board?

Wow man. I think i hub has reached a new low in shady. Moderators?

[legalizeMJ]

Hopefully it's a 60% markup to retail so Jim, James, VLKAY CEO can cover their $300,000,000. salaries . Would hate to see them go hungry.

BE CAREFUL here!

[Enterprising Investor]

It’s Too Early in the Crisis to Bet on VW Shares (9/26/15)

An emissions-falsification scandal that clobbered the stock could pave the way for the auto company to overhaul management and implement reforms.

By Jonathan Buck

Cheaters never prosper, as the adage goes. Just ask Volkswagen, the German auto maker, and its suddenly poorer shareholders, who could become even poorer in the short term if the scope of the company’s diesel scandal widens. And that’s precisely what seemed to be happening at week’s end.

On Friday, German Transport Minister Alexander Dobrindt said that VW, currently the world’s largest car manufacturer, had rigged emission tests on about 2.8 million diesel vehicles in Germany—nearly six times the approximately 500,000 it has admitted to rigging in the U.S. He added that, in addition to the 2.0-liter and 1.6-liter four-cylinder diesel engines already implicated, 1.2-liter engines might be affected, too.

VW has admitted that engine-control software that could rig emissions tests exists in 11 million of its cars worldwide. In the U.S., the affected vehicles are VWs and Audis; in all, Volkswagen has 12 brands, including Porsche. The software is designed to automatically turn on during tests, curbing emissions, but turn off on the road, letting vehicles spew much higher amounts of pollutants, but apparently boosting acceleration and fuel economy.

By Friday, officials in virtually every nation in which diesel VWs have been sold had pledged to begin stringent real-world tests aimed at determining whether the vehicles’ pollution-control systems were performing properly.

On the week, VW’s shares (ticker: VOW.Germany) tanked 28%, closing at 115.55 euros ($129.50), erasing €23 billion ($26 billion) from Volkswagen’s market value.

While the selling may be overdone, venturing into the shares before the potential toll of the scandal becomes clear is dangerous. VW could be fined about $18 billion in the U.S. alone (although that’s unlikely), and it could face billions of dollars in fines in Germany and other countries that find that tests have been rigged. In addition, the cost of bringing the cars into compliance and dealing with lawsuits linked to the mess could easily surpass the €6.5 billion that the company is setting aside “to cover the necessary service measures and other efforts to win back the trust of our customers.”

If the problem can be addressed with a software fix, that might be relatively inexpensive. But it’s probable that the reason VW put the test-cheating program into its cars in the first place is because no software could make them meet the emission standards without subtracting fuel efficiency, acceleration, and maybe driveability.

If a mechanical fix is necessary, it could cost hundreds of dollars a car, which would add up to a hefty sum for the 3.3 million affected vehicles in the U.S. and Germany alone.

VW had a net liquidity position of €21 billion at the end of June, according to Société Générale. But the potential costs of the diesel problem present a massive challenge to VW’s new CEO, Matthias Müller, Porsche’s chief, who is replacing Martin Winterkorn, who resigned on Wednesday.

The crisis isn’t the only challenge Müller faces. By many measures, VW is inefficiently managed. Almost all of its cost ratios are high, compared with rivals’, says Arndt Ellinghorst, head of global automotive research at Evercore ISI in London. “These shortcomings can be turned into opportunities if there’s a management team in place that focuses on lifting value,” says Ellinghorst.

Telling numbers: VW sold 10.14 million cars last year and has about 600,000 employees around the globe, many in high-wage Germany. Toyota (TM), which sold 10.23 million vehicles, has about 344,000 employees. (So far this year, VW is No. 1 in global sales.)

Volkswagen’s shares trade for 5.1 times estimated 2016 earnings, and 0.6 times book value, though analysts’ earnings forecasts are falling to account for potential charges. The price/earnings ratio and a recent intraday low of €102 are reminiscent of the situation four years ago, when Barron’s Vito J. Racanelli wrote a positive cover story about Volkswagen (“World Beater,” Sept. 26, 2011), calling the stock a bargain. It was a good call; VW hit a high of €254.50 six months ago, up almost 174%.

Is the current situation similar?

“If you have the luxury of patient capital and aren’t marking to market, it is an opportunity to buy,” says Bernd Ondruch, founder of Astellon Capital Partners in London.

But we’d suggest keeping your foot on the brake until the scandal’s ultimate potential toll becomes clearer.

http://www.barrons.com/articles/its-too-early-in-the-crisis-to-bet-on-vw-shares-1443247256?mod=BOL_hp_we_columns

[ronk]

Sorry. Meant to post the link to the Forbes article as well.

http://www.forbes.com/sites/greatspeculations/2015/09/24/dieselgate-scandal-could-cost-volkswagen-up-to-35-billion/

[ronk]

Consumer confidence will drive sales. There are 11 million drivers on the road that will probably not be returning customers. There are current potential buyers that won't be setting a foot in their showrooms. With a lack of confidence, coupled with uncertainty regarding financials, sidelines are a safe place to be, imo. Chart says nothing about buying to me.

http://stockcharts.com/h-sc/ui?s=VLKAY

The weekly chart's even more disturbing and that's the chart that big money follows.

(I might buy a 2015 pasaat in the spring though.)

[ronk]

Affected (infected?) cars in the US is around 480,000 and the fines in the US have potential dollar amounts of up to $37,500. Most are claiming that the figure will not be nearly this high, but the disclaimer is that the company knew the emissions results would not meet standards in EU & US so they knew they were actively being fradulent by installing the chip; coupled with the number of cars affected worldwide which is said to be 11 million. So fines will vary from country.

The total estimated amount of $34.5 billion factors in the cost of recall, lawsuits, gov't fines and future loss of sales. However, I heard on NPR that some German economists equate this to the Greece economy collapse if the worst should happen. VW is such a huge part of their economy, a maximum penalty, I'd imagine, would mess with the Euro; that's how big this thing is. I would think there would be some mercy shown if only to keep people employed. But the governments will certainly use this as an opportunity to set an example to every other car manufacturer worldwide.

I was reading a Forbes article about it and they shared a link to a trefis chart, where you can flip year by year to see the projections of a worst case scenario.

http://www.trefis.com/modeldemo/admin/18204/cm3KD/VLKAYE

I just think there's a lot of dust to settle here.

[AsiaT]

There is no way that would be $407 billion dollar fine.

[AsiaT]

$37 billion fine is what I heard. With $37,000 fine per car and roughly 1 million on the street. Am I correct?

[AsiaT]

THIS IS INSANE! $19 billion in fines? 37,000 per car? They have a million cars on the road that is $37 billion.