VW considers Porsche IPO

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mueslibrown
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Post by mueslibrown »

"Volkswagen and top investor move closer to Porsche IPO"

https://www.reuters.com/business/autos- ... 022-02-22/
2021 Turbo (Collected 11/21) | Dolomite Silver | Half Garnet Red Leather | Pano | 18 Way Seats | PASM + Air | PTVP | Sports Chrono | PSP | PSE | 21" 911 Turbo Wheels | Gloss Black Trims | Bose

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SAC1
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Post by SAC1 »

Steve

2020 GTS in Sapphire Blue
(sold) 2017 SD in Rhodium Silver
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Pivot
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Post by Pivot »

Porsche stock would be a better investment, but car is so much more fun 🤩
Current: 911 Carrera T - PPM9RU51
On order: 911 Targa 4S - PPDV8NY4
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andreas
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Post by andreas »

The Porsche family is desperate for money to fund VW's future.
Macan S collected 4 Dec 2017 - Jet Black, 20" SportDesign, Agate/Pebble, 18-way, Pano roof, Bi-Xenons with PDLS, Surround View, PASM, PS+, spare wheel, towbar.
2021 Audi TT Roadster Black Edition (hers)
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TheTraveller
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Post by TheTraveller »

A few years ago Porsche tried to do a reverse takeover, where they tried to buy VW.
That got them into a real financial pickle, and the debt mountain was horrendous. Eventually it never happened.
How things change.
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mueslibrown
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Post by mueslibrown »

Porsche readies IPO for October …

https://newsroom.porsche.com/en/2022/co ... 29627.html
2021 Turbo (Collected 11/21) | Dolomite Silver | Half Garnet Red Leather | Pano | 18 Way Seats | PASM + Air | PTVP | Sports Chrono | PSP | PSE | 21" 911 Turbo Wheels | Gloss Black Trims | Bose
New User
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Post by New User »

I don't get the attraction myself - a 25% Free Float through half of the preference shares. An overcomplex share structure in a company with works council representation and the usual complex Board Structures and holdings from the States in which they have economic weight. Looks a scheme designed by Investment Banks for Investment Banks and nobody else!

I think Andreas summed it up more elegantly above
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Pivot
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Post by Pivot »

I would like to own Porsche stock. How can we buy it in the UK?
Current: 911 Carrera T - PPM9RU51
On order: 911 Targa 4S - PPDV8NY4
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pmg
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Post by pmg »

New User wrote: Tue Sep 06, 2022 6:04 pm I don't get the attraction myself - a 25% Free Float through half of the preference shares. An overcomplex share structure in a company with works council representation and the usual complex Board Structures and holdings from the States in which they have economic weight. Looks a scheme designed by Investment Banks for Investment Banks and nobody else!

I think Andreas summed it up more elegantly above
Plus one and the offered shares are non voting so you take the risks but do not have a say. That will put off many institutional investors.
2019 Macan S Porsche code PKW8WKI8
martinto8
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Post by martinto8 »

New User wrote: Tue Sep 06, 2022 6:04 pm I don't get the attraction myself - a 25% Free Float through half of the preference shares. An overcomplex share structure in a company with works council representation and the usual complex Board Structures and holdings from the States in which they have economic weight. Looks a scheme designed by Investment Banks for Investment Banks and nobody else!

I think Andreas summed it up more elegantly above

+ need to fill the hole dieselgate created. Will look to short if they manage to IPO :lol:
Macan GTS on order: http://www.porsche-code.com/PPDF6163
Ordered 25th Aug 2021 - Build slot August 2022, Landed in OPC - 29th September 2022 - Collected 29th November 459 days since ordering!
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