but it's unlikely that FIAT will allow anyone to get a controlling 51% stake in Ferrari, of course it's possible, however highly unlikely, FIAT wouldn't want to lose control of such a famous marque.
In the old days maybe being a mod for people like you was a chance to spew your opinions as facts in the secure and cosy knowledge everyone would be to polite to object. So things move on and if you are uncomfortable with having to account for the things you state as fact when they are easily dismissed at least you are smart enough to have worked out that you dont have to keep coming back to take this abusive behaviour. Why not create your own site where everyone listens to your half baked notions without compliant - Oh sorry, what was that, it didnt work? You have been leaving ever since I arrived, you were already moaning about members then hurting your feelings and causing you so much stress in between telling us the blow by blow account of the first member you banned
The internet has moved on, everyone is on it, its no longer a cosy space for a bunch of selfserving friends, they have loads of otions for that now.If you choose to be on a public forum its because you implicitly require public validation or debate on your ideas or opinions. If they come up as half baked dont start weeping about it, either try harder, or quit, dont leave and keep coming back only to leave again each time someone hurts your feelings. what do you care about anonymous strangers words on the internet for?
Anyway what do you mean FIAT will allow anyone to get a controlling 515 stake? What are they going to do? send some gunmen to each shareholder? declare mea Culpa and begg them not to sell? What do you mean by Fiat? there is no Fiat - its FCA, you mean the Italian FIAT? Luca D maybe? or J Elkan who is propabley gonna finally get the chance to cash in on his inheritance at last- maybe you mean the Italian shareholders of Ferrari, Fiat (Sergio), Agnellis and a bunch of intertwinned Italian companies.
If 'FIAT wont allow blahblahblah' why would they take the cash instead of the shares, surely that would be the best way of making sure? So what happens when the stock floats at a higher, romanticised premium over its book value, remember FCA at this point will effectively gain cash at that price, the cash they should return to the shareholders or divi out, effectively the shareholders get shares instead and Sergio prefers the hard cash AT THAT offer price. So now the shares have halved because th company is not realy rpofitablle and the branding rights are held by a Fiat subsidiary. The shares are losing value everyday, and all the shareholders will say NO, we will never allow blahblahblah because a forum member who is not sure if he is coming or going says thats how corporate finance works???
wont want to lose
controlof a famous marque? Control to do what, help them make more money selling 100 times the amount of car? Its not inconceivable that we will see a Ferrari owned by someone else yet FCA still sell cars named ferrari in some way - did you ever hear of RR, Bentley, Rover, Daimler, Mini etc
Niope - this is the grownup version - the only reason it wasnt a a full IPO with underwriters lined up to gaurantee FCA get their cash come what may is because by swapping the rest of the Ferrari stock they sweeten another more important CD and push over the responsibility of actually selling 'Ferrari' outside the old family network that they have dismantled. That way they have separated the Italian ferrari to the new Fiat, and if Ferrari is now taken over it will be the shareholders who decide not the guy who came along and stripped the firm. Why do I bother, you are less interested in the truth than in sounding good and getting on with a bunch of old friends
its like a kindergarten, and then they start crying because its not how they see it
moderator, who will hold on, and keep posting the dumbest justification for why they are gonna turn around 'anytime now' and if possible Ill be there to supply more when he keeps buying as the price drops just like every other Ferrari Mythification Underwriter Gain
