Join Date: Aug 2006
Location: Dexter, Michigan USA
Ferrari Stock Chart
In addition to the stock price increase, they are also paying a dividend, of course, you have to pay foreign tax on it.
Rumors also abound that Magnetti Marelli will be spun-off FIAT later this year as Ferrari (RACE) was a couple of years ago. And somewhat later, probably years, Alfa Romeo and Maserati.
I would say a lot depends on if Marchionne stays and how long. He doesn't mind letting Magnetti go, but isn't anxious to let Maserati and Alfa Romeo go, while his primary focus appears to be on pursuing merger deals.
Who knows what will ultimately happen ...
(Not an authority nor SME on anything, just PATSYF)
Last edited by Pat Braden; 05-04-2018 at 08:50 PM.