Katsjing! Ferrari takes top prize at ipo

Posted on 21-10-2015 at 7:48 by sir_smokalot – 25 Comments”

Thanks to a introductiekoers of 52 USD, the Italian automaker on a nearly 10 billion dollar appreciated. A considerable sum of money, but who is such a piece of ‘RACE‘ would have given the still difficult.

Last week we reported already that Ferrari with its upcoming IPO, aiming at a share price of 48 to 52 USD, roughly equal to five visits to the Penske-Wynn-dealer or an ounce for Lapo, and now is the high word out: Ferrari radiates confidence and is full of at the top of the bandwidth to sit: those who have a share RACE want to have here is 52 USD for bought copies.

Since only 17.2 million pieces – 9% of the total – for the mob available this translates to a total market capitalisation of USD 9.8 billion, about 9 billion euro. ‘Much too expensive’, say many analysts, but that’s what they said of Tesla when the share price began to explode, and now it is a much smaller company (even though got it yesterday after poor ratings from consumer a hefty sting) that his life is hardly any profit made a lot more than the double of this worth.

The messages are for the time being in favor of Ferrari; according to insiders, is the issue oversubscribed, which means that there is more demand than supply. This is not a guarantee that the price is not a World Online I going to do, but we are talking about Ferrari, an institution, and still one of the strongest brands in the world.

Photo: Sergio Marchionne, Mr. Moneybanks