Quote:
Originally Posted by CRCRFT78
So I have been trying to catch back up with this thread (on page 461) after not reading it for awhile and wanted to skip ahead and get some of your opinions on the Volkswagen debacle. I haven't had a chance to dig deep into whats going on but I did look up the stock to sort of get an idea of whats going on with it. Volkswagen AG (ADR) OTCMKTS:VLKAY the share price is at $27.10, P/E 5.64 and a Div/Yield 1.09/4.01. Now my thinking is that it has the ability to recover and have some decent growth along with the dividend payment over time and be a winner. What could I be missing or not thinking about as an investment consideration?
P.S. I hope I have the right symbol. This was just a spur of the moment look up to see what the stock was doing (besides falling).
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Volkswagon (VLKAY) is much more than just Volkswagen... it's Porsche - it's Bentley - Audi - Lamborghini - Bugatti - Ducati.
The 4% dividend rate is a direct result of the falling share price... My bet is that after a few heads roll -- and some fines are paid... and some fixes are done... This will have been a very good time to buy a good company. In the meantime you might feel like a dart board in a bar... but when the dust settles and things quiet down... the share price should rebound.