DCYL725
Well-Known Member
- Thread starter
- #1
https://www.carscoops.com/2022/07/p...ificantly-cut-valuation-expectations-for-ipo/
Seeing at 100bn Euro is just absurd. VW is only 80-something billion euro. I think it will land at around 50bn level. The comparables in legacy ICE car businesses are just too plain-vanilla and straightforward to value, unless there's a large premium on EV's. The issue here is EV's will cannibalize ICE's within the same line-up so net-net there's no new incremental growth. Hard to push the tech angle here given how behind Porsche is in the software department.
What do you guys think of the IPO and long-term investment opportunity? Any investment professionals on here care to chime in? I hope the IPO gets through so Porsche can push their EV projects faster, especially the increased Porsche-only charging sites.
Seeing at 100bn Euro is just absurd. VW is only 80-something billion euro. I think it will land at around 50bn level. The comparables in legacy ICE car businesses are just too plain-vanilla and straightforward to value, unless there's a large premium on EV's. The issue here is EV's will cannibalize ICE's within the same line-up so net-net there's no new incremental growth. Hard to push the tech angle here given how behind Porsche is in the software department.
What do you guys think of the IPO and long-term investment opportunity? Any investment professionals on here care to chime in? I hope the IPO gets through so Porsche can push their EV projects faster, especially the increased Porsche-only charging sites.
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