Porsche AG Preferred Equity 🚗 - P911

Stock Discussions
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This firm is a world-renowned German automotive brand, specialising in high-performance sports cars, SUVS and sedans. Its current lineup includes the 911, 718 Boxster/Cayman, Panamera, Macan, Cayenne and Taycan.

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€P911 is now on your app.

Always do your own research, IPOs may carry additional risk.

porsche gif

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Great job on getting this up on FT so quick! I’m more interested in shorting it though :grin:

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Trying to buy 1 share, constantly rejected

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First day is hugely volatile, it’s not uncommon for this to happen.

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Updating my DCF, it’s complex but I believe Porsche keep 49% of gross proceeds with the rest going to VW. That is $9.55b. Comes to €103 per share at a weighted discount rate of 9.7%.

I was wrong, VW get all proceeds. That lowers fair value quite a bit to €94.

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Hello, please would anyone know if I can buy fractional shares of Porsche AG?

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No, you can’t. Only US stocks support that.

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This is what I thought but I had a doubt.
I should be able to do that with Ferrari, though.

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Like buying a Ferrari one part at a time?

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Just be aware of the share structure while getting in.

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Possible Rembrandt in the attic Porsche now has is more direct control over is Rimac.

24% stake is now valued at half a billion euros.

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Total group now has revenues around €500m according to Reuters, and likely quite profitable. Porsche also has a direct 45% stake in the Bugatti JV.

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