POAHF News and Press, Porsche Automobile Pfd From 12/19/22

Summary Tesla and General Motors are two major leaders in a highly competitive market, both offering significant opportunities, while also reporting different risk profiles. Tesla reported massive performance over the past years, while GM is struggling to gain positive momentum and its ...

Summary Volkswagen delivered strong Q3 FY2022 results amid persistently disruptive macroeconomic times. The company's focus is on electrifying Volkswagen brands to lead the pack in EV market penetration and sales. Broad range of brands spread across price categories places Volkswage...

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...

Summary Lucid Group, Inc.'s Q3 financial results fell shy of consensus estimates for $200 million in sales and -$0.30 in earnings per share. Lucid stock plummeted (-12% at the time of writing) in post-market trading Tuesday (Nov 8th) as investor confidence was set back by the unde...

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

Summary There is too much confusion on Volkswagen tickers, so we decide to provide an update on the company's different classes of shares. Compared to ordinary shares, Volkswagen's preferred shares give an additional €0.06 in dividend payments; however, Porsche Automobil Ho...

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Summary Porsche's IPO is a key catalyst for both Volkswagen and Porsche Automobil Holding SE. Despite some negative comments, we think there is too much of a discount. Aside from the recent IPO, Volkswagen AG is really undervalued and Porsche Automobil Holding SE is still...

Summary Porsche is expected to conclude an IPO and commence trading on September 29. Investor interest for the IPO is high. And as reported, the offering book has been covered with commitments multiple times. Porsche's financials are exceptional. Notably, in 2021, Porsche sold...

Summary Likely in the first week of September Volkswagen AG will announce the IPO of Porsche AG. Porsche Automobil Holding SE is the controlling shareholder of Volkswagen. Volkswagen in heavily undervalued, but Porsche Automotive Holding SE even more. The IPO of Porsche AG...