Do members care about Porsche as a company?

[songhoh]

I get some limited Porsche insight when they send me quarterly reports. Take a look at these events and comment. Do members of this board know these things are happening and do they care?


September 2006 Porsche buys 20% of troubled VW Group

June 2006 another 5%

November 2006 VW boss Bernd Pischetsrieder resigns after a vote of no confidence by the VW Supervisory Board. This was based on his cost cutting measures and a planned link up with MAN and Scania, truck manufacturers.

December 2006 speculation of another 5% giving Porsche outright control of Europes largest auto manufacturer at 2.6m cars per year.

New VW boss Martin Winterkorn, formerly of Audi, looks to be heavily influenced by Porsche, raising the possibility of an increased shareholding.

Management crisis solidifies the position of Ferdinand Piech, chairman of the VW Supervisory Board and former Audi engineer. Some are calling for his resignation due to conflict of interest.

Porsche fiscal year ended July 31. Their pre tax profit was 2.11bn Euro, or nearly 4m Sterling Pounds every day.

Porsche extends the contract of Dr Wendelin Wiedeking for a further five years. That’s his fourth five-year term with Porschesince the early 90s.

December 2006 Porsche stock closes at 1250.00 USD per share.

[Eric-325I]

I was aware of most of the above...

I care very much for the long term viability of Porsche...

I look forward to buying a Cayman when used prices make the purchase reasonable...

Eric

[Sonic dB]

These guys know what they are doing, and obviously they want the stake in VW and the opportunity to turn it into profitability. This week, Weideking was asked about VW and speculation as to whether he would be involved more there and he said "I know how to make money from anything." Maybe a little arrogant, but true.

[thomschoon]

They are now a well run company and have made some good business decisions, and my stock price has gone up which is what they are paid to do. VW has quite a few plants in "low cost" countries which also helps Porsche maintain their parts pricing and thus their profit margin, at some point though that margin may also cause customers to wonder how much profiteering they want coming from their pocket.