Porsche setting up for the future in E-Mobility
Porsche is on its way to old highs. I expect a retest at around 50-55 Euro . New E-Project is looking amazing.
High quality german car maker. Sales growing and future outlook is strong.
Book value is around 45% higher than actual share price. per share ratio is at around 9.
Revenue per share is around 56€ what gives us a ratio to share price at 1,2. And that is just wwwwwoooowwww.
Chart is still in head and shoulder formation and we will need to keep our eyes on that.
Just my opinion, so make your own research and like always
May the markets be with us