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(Yahoo)   Porsche IPO. There is no substitute   (finance.yahoo.com) divider line
    More: Followup, Stock market, Porsche AG, Volkswagen, Initial public offering, Volkswagen Group, Porsche, big tumble, Sovereign wealth fund  
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391 clicks; posted to Business » on 29 Sep 2022 at 10:05 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



14 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-09-29 10:24:24 AM  
Yes, now is the exact right time to IPO a luxury car company.
 
2022-09-29 10:45:28 AM  

nemisonic: Yes, now is the exact right time to IPO a luxury car company.


VW has literally done everything wrong since 1979.
 
2022-09-29 11:14:22 AM  
Heh. Even the stock's elite - only the most luxurious investors were allowed to purchase the IPO, and anyone else who showed up was zeroed all the way to the door. It's not often you see a trading floor bouncer.

Different world.
 
2022-09-29 1:13:50 PM  
Super stoked to have picked up my long awaited 992 Turbo S last Thursday:

Fark user imageView Full Size
 
2022-09-29 3:17:21 PM  

Mr. Tweedy: nemisonic: Yes, now is the exact right time to IPO a luxury car company.

VW has literally done everything wrong since 1979.


Except produce single best line of compact cars in the last decade.  But otherwise, yeah, I'd agree with you.  A lot of really unforced errors.
 
2022-09-29 3:44:15 PM  

neilbradley: Super stoked to have picked up my long awaited 992 Turbo S last Thursday:

[Fark user image 850x637]


Only holds its value if you leave it in the package

rukminim1.flixcart.comView Full Size
 
2022-09-29 4:08:46 PM  

Pats_Cloth_Coat: neilbradley: Super stoked to have picked up my long awaited 992 Turbo S last Thursday:

[Fark user image 850x637]

Only holds its value if you leave it in the package

[rukminim1.flixcart.com image 292x416]


Unless it's a Turbo S or a GT car... for the time being, anyway. They're all going for $50K-$75K over MSRP these days and they're in short supply. Turbo S has a 4-5 year wait list. GT Cars are 6-7 if you can get on a list at all.
 
2022-09-29 4:14:56 PM  

neilbradley: Pats_Cloth_Coat: neilbradley: Super stoked to have picked up my long awaited 992 Turbo S last Thursday:

[Fark user image 850x637]

Only holds its value if you leave it in the package

[rukminim1.flixcart.com image 292x416]

Unless it's a Turbo S or a GT car... for the time being, anyway. They're all going for $50K-$75K over MSRP these days and they're in short supply. Turbo S has a 4-5 year wait list. GT Cars are 6-7 if you can get on a list at all.


20 years ago the CLK55 was on a 2-3 year wait list. Dealership had a long time customer whose car came in. He was out of town. Service advisor decided it was a clever idea to drop the car off in the driveway and leave the keys in the mailbox

Car gets stolen, found days later pretty ripped up. I heard the whole story when the new service advisor told me why the last guy got fired
 
2022-09-29 4:21:14 PM  
Pats_Cloth_Coat: 20 years ago the CLK55 was on a 2-3 year wait list.

So those things must be worth a fortune now, right?
 
2022-09-29 4:26:16 PM  

Yankees Team Gynecologist: Pats_Cloth_Coat: 20 years ago the CLK55 was on a 2-3 year wait list.

So those things must be worth a fortune now, right?


Dunno about MB/AMG but the GT cars have been doing really since the early 2010s.

I bought the car to drive it, not worry about how much value it holds.
 
2022-09-29 4:42:27 PM  

Yankees Team Gynecologist: Pats_Cloth_Coat: 20 years ago the CLK55 was on a 2-3 year wait list.

So those things must be worth a fortune now, right?


the clk55 balck series cars for for around $90-$100K
 
2022-09-29 6:34:35 PM  

nemisonic: Yes, now is the exact right time to IPO a luxury car company.


Pipe smoking fail
Youtube jwdI6dKtd34
 
2022-09-29 8:53:43 PM  
Wait...I thought VW owns Porsche.
 
2022-09-29 11:51:00 PM  

radiovox: Wait...I thought VW owns Porsche.


911s are just squished Beetles.
 
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