Jul 27, 2005 3:43:24 PM
-
Ron (Houston)
- Rennteam Moderator
-
- Loc: Houston, TX , United States
- Posts: 8812, Gallery
- Registered on: Apr 10, 2002
Crown
Board: Ferrari
Language: English
Region: Worldwide
Close
CloseForum - Thread
Jul 27, 2005 5:37:52 PM
- EricAlain
- Veteran
-
- Loc: Paris, France , France
- Posts: 1037, Gallery
- Registered on: Nov 14, 2002
-
Reply to:
Ron (Houston)
Re: Purchase of 5% stake in Ferrari
The price paid by Mubadala (owned by the Governement of Abu Dhabi) is extremely high in my view.
It is actually more expensive than Porsche and I believe Porsche deserves a premium, hence a nice upside potential for Porsche shares.
Ferrari is barely profitable while Porsche is hugely profitable !!!!
May be the guys from Mubadala bought it at that price just to cut the waiting list to get their own car.....
Jul 27, 2005 6:24:03 PM
- LowPolarMoment
- Senior
-
- Loc: Boca Raton, FL
- Posts: 725, Gallery
- Registered on: May 22, 2005
- Reply to: svtrader1
Re: Purchase of 5% stake in Ferrari
Quote:
svtrader1 said:
What a company is worth is what someone is willing to pay. And if you measure a company's worth by its desirability, then obviously, Ferrari is worth a lot more than Porsche.
You got it right in the first sentence but then you blew it in the second. A company that makes a huge profit is more desirable than one that barely makes a profit.
Jul 27, 2005 6:47:16 PM
- svtrader1
- Veteran
-
- Loc:
- Posts: 821, Gallery
- Registered on: Oct 17, 2003
- Reply to: LowPolarMoment
Re: Purchase of 5% stake in Ferrari
Quote:
LowPolarMoment said:Quote:
svtrader1 said:
What a company is worth is what someone is willing to pay. And if you measure a company's worth by its desirability, then obviously, Ferrari is worth a lot more than Porsche.
You got it right in the first sentence but then you blew it in the second. A company that makes a huge profit is more desirable than one that barely makes a profit.
I'm talking about the name and the actual cars, that makes Ferrari more desireable than Porsche. Profitability is sometimes irrelevant when someone is willing to buy into a certain company.
Jul 27, 2005 9:06:36 PM
- fritz
- Rennteam VIP
-
- Loc: BaWü , Germany
- Posts: 10248, Gallery
- Registered on: Jul 23, 2003
- Reply to: LowPolarMoment
Re: Purchase of 5% stake in Ferrari
Quote:
LowPolarMoment said:Quote:
svtrader1 said:
What a company is worth is what someone is willing to pay. And if you measure a company's worth by its desirability, then obviously, Ferrari is worth a lot more than Porsche.
You got it right in the first sentence but then you blew it in the second. A company that makes a huge profit is more desirable than one that barely makes a profit.
Thank you, LPM, for so succinctly putting my thoughts into words.
Forum
About Rennteam | Help | Terms of use | Privacy Policy | Support | Contact | Imprint | Archive
Powered by
Community
and
