Member Info for Porsche1946

Amazed this pos still above .60p.

This pos needs putting out of its misery once and for all, losing 2m a day, 1b in debt, crappy unreliable cars, terrible management, even by basket case U.K. standards it’s a dog of an “ investment “. With a recession on the horizon…it’s terminal.

Back to same price as 2013, capital destructive dross even by ftse 100 standards. This is heading to about 12 quid a share.

This has been an absolute turd of a company for years, even by dog index of the world ftse standards, can see this at 3 or 4 quid in 18 months, the charts are just terrible and recession looming. Terminal. Expect a dividend cut/suspension soon.

i remember selling these for 270 and lloyds at the same time, both of which went on to become utter dogs even by ftse 100 standards, and put the money into tsla, made money on that trade and being in usd as sterling has been vaporised, u.k. shares are a total pos and the “ ****ry “ is completely doomed as is the rest of uber socialist bankrupt europe. uninvestable unless you want to lose 2/3rds of your capital chasing dividend traps.

AM already bankrupt to all intents and purposes, loss making, drowning in debt, awful business model with poorly built products, the only way it’s staying in biz is to keep diluting muppet shareholders, there’s no real equity left, they don’t call U.K. shares “ the bug zapper trade for nothing “😂😂

The ftse financials all look to have problems, the market doesn’t believe the dividends and neither do I, I think they are all going to get cut , Phnx prob the biggest pos, paying dividends from debt, loaded up with long dated treasuries from years ago now 60 pc underwater and falling, god forbid they ever have to mark to market. With yields so good in gilts why have the risk, almost of this ftse stuff could easily be cut in half ( again ). U.K. has massive issues, imf bailout beckoning a la 1970’s.

These are going back to about 17 quid, chart is horrific…it was just the last ceo, rest in peace, keeping this rolling. My god the U.K. indexes are the worst in the world, like sterling, getting vaporised. I think this it with the U.K. economy, IMF bailout before the end of the year, country is utterly bankrupt, no growth, terrible productivity, black hole nhs and public spending, whole of Europe basically heading back to the 1970’s. Labour are awful but the tories fxcked it all, capped off with brexit and fat johnson.

Glad to see this turd of a company back to 5.80 with a ton more pain to come, will be a couple of quid once U.K. collapses into recession next year. Tim Martin that brexit backing wxnker can now enjoy the “ be careful what you wish for moment “. This collapse started some time ago, Labour are crap but the U.K. was already lock and loaded for a meltdown.

Bond yields blowing out and interest rates rising everywhere, housing/construction is doomed and V was in trouble before this started. Will go bust in the recession, but not before they have raised cash from shareholders once or twice, expect share dilution first as they “ strengthen the balance sheet “…bla bla usual drivel they come up with at these times.

Anything to do with U.K. construction and U.K. centric lending ( lloyds ) is an epic short, 2008-13 period on steroids this time. Everyone blaming Labour and yes they are of course crap but the tories spent over a decade wrecking the country and its currency ( brexit anyone ) so there wasn’t much anyone could do anyway, meltdown was baked in the cake.

Bond yields blowing out taking all the pension company shares down the toilet, these are a screaming short to sub 4 quid. How much longer can they keep paying dividends out of debt and if they have to mark to market their long bonds the company is worthless.

Cannot work out how these are still over a quid, Redfern was a terrible ceo and TW a pretty poor outfit historically ( 4 quid a share 2008 ) The yield is absurd, would expect it to be cut by two thirds or suspended within 6 months for capital preservation as bond yields blowing out and U.K. enters recession.

UBS sell rating, 680 price target. WPP just lost 500m Volvo contract. Hence fall.

I’d be getting out of anything housing related very quickly, forget stupid newspaper reports and media drivel on house prices, news for the great unwashed, the big story is bond yields blowing out, U.K. debt is costing a fortune. 2008 on steroids starting to take shape. The chart for these is just appalling, as with all builders and merchants, won’t stop until they get down to about 6 quid and bottom out. U.K. is pretty much fukt. Sell into any rallies and short is the trade. I can pretty much guarantee dividends will be suspended on all these builders shares within a year as capital preservation kicks in.

I would be looking at where this was in 2008/10 period to get an idea of where it’s going once U.K. starts grinding into a long painful recession, between brexit, the Tory basket cases and high tax zero growth commie labour, well, U.K. is fukt obvi.

Back to where it was in Feb 2016….jesus the U.K. indexes just vaporise capital. Still on a 53 PE, at 25 which would still be hot it’s worth about 320 a share….maybe a long way to fall yet as U.K. grinds into recession.

Being priced for a dividend cut…U.K. is fxcked. Could see this back at w009 lows before this is over, at least Redfern has gone, terrible ceo.

A 40pc premium would be 90p ish…..and why would make an offer on Vod? Debt ridden declining biz model and German purchase at far to high a price where Liberty Global stuffed them up with it, they will be writing off billions on that pos for years, anyone interested in buying it can buy the bits they want from the bondholders when Vod collapses under its debts ( shareholders wiped out ) ftse full of this utter junk. It’s why the index hasn’t moved for over 20 years.

Bond yields flying and U.K. economy on a way trip to the 1970’s. What a short these builders are, check 2008/12 prices for where they are going, have a great financial 2025 shorting this stuff.