Member Info for deepjoy

Investors have been buying Ferrari [NYSE:RACE] stock this week: shares in the company jumped from EUR 281 to hit EUR 307 in Italy this week. Ferrari shares are already at an ATH, with many stock investors anticipating more to come.

Ferrari stock has already been rated as one of the European Magnificent Seven – luxury brands that had been trading at a premium. The company is also rated as one of the most profitable in Europe, if you measure it on a profit per employee basis. In this case Ferrari ranks at #7, between energy play Orsted and Danish shipping line Maersk.

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Why are Ferrari shares up 222% over five years?

Half of Ferrari’s revenue comes not from the sale of cars, but in fact from merchandise. The company made about GBP 1 billion in profit in 2022, but that still comes out at a punchy £227,364 per employee. This is because it only employs 4500 people, making it relatively tiny by car manufacturer standards.

Just for balance perhaps a performance car comparison not a fleet car one ..desperate times for some LOL

https://www.ferrari.com/en-EN/corporate/articles/ferrari-first-quarter-2023-results

Https://app.webinar.net/9LzoY2dm2NG

Asking someone for calculations on brand worth is, frankly a ridiculous attempt at baiting..... enjoy

Well assuming your own figures are correct until December and that is fine as they will not have a problem with capital if the margins continue to improve and forward orders look good. While we are at it ... what year was Dr No? Which ever way you look at it and I agree the IPO was easy gravy for the private equity lot; this brand has a heritage and, from that value. Perhaps the biggest risk of any turnaround is not the timescales but the opportunists ready to swoop from it. So, to conclude our little chat I am happy to take the risk with this investment as with any other. It may fall tomorrow it may not but that investing for you. I don't get bitter maybe a lesson you may wish to heed for your own health. I am not flirting with rescue so I don't need saving. bless ya thou.

What you seem to ignore is that the market is forward looking while all you do is look back... erm.. someone must have lost a lot of money on this one but thanks for the bear side views always good to know. I am long and will remain so because the brand is worth so much more than now. If they could even get their merchandise right it will bring more revenue than cars; just like Ferrari

That's funny ...never posted here before and one neutral post is ramping...erm... perhaps some balance needed as you are clearly upset ... :)

Don't tr to read the tea leaves Tony, let's just see the hard print.

Looking better today first gap to fill 504 and maybe being a little optimistic on the second at 540 but there big divi payers are defo catching a bid today as bond yields fall back from highs... GLA

I have that post four times and still, have no clue what it means.... LOL

UK ten year gilt is highest for 5 months...

Both US and UK ....

Not helping with bond proxy types shares like this sadly...

Well the SP broke the downtrend last week and going well so far this week. defo change in sentiment and looking good.

...and in a bad market to. Shoudl hear about Divi next week for early May.

Maybe just let the divis do it for you twice a year Nick and take the stress out of it. Wish it was four times a year thou for the same amount, make life easier for sure.

Trek, I have previously said 'each to their own' about you which I stand by, however, this board is about PHNX the company and not about trading strategies all the time. If I wanted to read that I'd simple go to the AIM rubbish stocks and read that style of posts. It is a shame you feel the desire to justify everything you do or do not so.

Phnx as a company has been around a very long time with a good pedigree, decent free cash flow and a great yield. I am down short term but remain relaxed as I know it is just a matter of holding for a few years and watching the power of compounding give me (hopefully) a very decent return. There is another way of protecting capital and that is investing in great companies or funds and riding the waves, all about timescales. Your way is your way, but others do things differently what matters is the health and potential of the company, which, in my view remains sound as my pound. GLA

Same old insults because you have no facts to argue with. They need a raise and they need it very quickly. Let's see how it unfolds.

So posting facts set out in their own report is the action of crazy people...I beg to differ the actions of crazy people are those of blind faith who pump the same narrative without checking their own claims.

make of it what you will but in the absence of any rns or capital market day that i know of it seems a back of a *** packet view to be honest:

'double-downgrade' from barclays.

the investment banking arm of the high-street lender moved to 'underweight' on stock in the long-term savings and retirement group with a price target of £5 a share.

in a brief note, it said: "phoenix faces insufficient cash from operations alone to support management's targets, a weaker capital position than peers, and a change in strategy from historical areas of strength to areas where the group is not meaningfully differentiated, in our view. targets may only be fully evident in 2027."