POAHF News and Press, Porsche Automobile Pfd From 12/13/23

2023-12-13 10:17:37 ET More on Porsche and Ferrari Ferrari's Profit Mastery Unveiled: The Path To Unprecedented Growth Porsche Holding SE: Cheap For Good Reasons Ferrari: Some Companies Deserve A 40x Multiple, But Beware Of Q4 Ferrari tracks higher after Barc...

2023-12-09 11:00:00 ET Summary One small IPO priced this week, along with one SPAC that began trading. Three IPOs and four SPACs joined the pipeline. Offshore transport services provider Hornbeck Offshore Services filed to raise $100 million. Just one small IPO price...

2023-12-08 14:17:07 ET Summary Global electric car sales Oct. 2023 up 37%YoY to 17% share. China sales up 41% to 39% share. Europe up 24% to 25% share. USA up 26% to 9.4% share. EV market news - Electric vehicles and hybrids grow to a record-high 18% of U.S. light-duty vehicle sal...

2023-11-13 18:01:44 ET Summary Due to the NAV discount, Porsche Holding SE has been a well-known value investment for a while. While at first sight it looks compelling, a rational analysis reveals a lot of risks. Ultimately the NAV discount is justified because the final retur...

2023-11-08 11:02:41 ET Summary Global electric car sales Sept. 2023 up 23% YoY to 17% share. China sales up 22% to 37% share. Europe up 15% to 25% share. USA up 59% to 9.9% share. EV market news - Norway’s EVs at a record 93% share. BP to buy $100M of Tesla ultra-fast charg...

2023-11-07 18:23:45 ET Summary Porsche reported solid earnings despite slowing global growth in the luxury market, driven by higher deliveries. Porsche saw sales grow by 12.6% to 30.13 billion in the first nine months, while operating profit rose 9%. Porsche's management expec...

2023-11-05 12:17:29 ET Summary The UST yield curve has steepened and this could provide an opportunity to buy US banking stocks on weakness in a no-recession scenario. Japan and Eurozone exporters can benefit from a global downturn due to easier central bank policies depreciating ...

2023-11-02 13:37:48 ET Summary Tesla, Inc. is a diversified business focused on the transition to renewable energy, not just an auto company. Asia will play a crucial role in Tesla's auto revenues, making it a key market for the company. Both Tesla and BYD Company Limited unde...

2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...

2023-09-11 10:56:39 ET Summary Global electric car sales July 2023 up 41% YoY to a 16% share. China sales are up 31% to a 38% share. Europe sales are up 48% to a 23% share. USA sales are up 53% to a 9% share. EV market news - The IEA is forecasting 14m global plugin electric car s...