Volskwagen: the action pulverizes the records

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Volskwagen : New episode of the saga of the Volskwagen title. Whereas the action had strongly evolved/moved with the rise these days last, leading us even to speak about Volskwagen bubble, the title more than doubled its stock exchange courts Monday.

The action even treated to the “luxury” to roll to misconception compared to the other values dimensioned on the European money markets.

Reasons with all this: made advertisement Sunday by Porsche of a takeover of more than 75% of the manufacturer… and the combined action of the funds of investments.( Volskwagen )

The title VW literally flew away from 146,6% to 520 euros, making it possible even Frankfurt Stock Exchange to finish in rise of 0,91% whereas other European places finished in the red, always leaded by fears of recession. The weighting of Volskwagen - one of the more industrial large companies German within the Dax index is indeed very strong.

To 16:15 GMT (17h15, French hour) the title had even increased by 201,16% to 634,99 euros.

The brokers explained this progression vertigineuset by a movement of “panic to the purchase”, on behalf of funds of investments in particular, which must be covered in Volkswagen actions after having speculated in the title. ( Volskwagen )

Consequence of such a phenomenon: whereas the sector automibile must face serious difficulties taking into account falls severe of consumption, the index of the European automobile values leaped of almost 50%, thanks to Volskwagen. The whole of the other manufacturers who compose the index finished in fall, sometimes very clear, vis-a-vis the degradation of the prospects for activity of the sector.

Porsche always intends to exceed the 50% of direct participation in VW by the end of this year. Let us recall that in the German legislation, an agreement of control requires the control from at least 75% of the votes of the shareholders present at the general meeting of a company.

According to the analysts, this advertisement still will intensify the movement of repurchase of discovered which has animated the Volkswagen title for a few weeks. ( Volskwagen )

Porsche reduces indeed thus considerably floating it of Volskwagen, i.e. the share of his freely negotiable capital out of Stock Exchange, to some 6%, the Regional state of Lower Saxony holding a share from approximately 20% of the group.

Many funds of investments had predicted an imminent fall of the title Volskwagen, “one of the most overestimated world”, according to the influential financial magazine American Barron of the edition of last Monday.

These funds had borrowed then sold actions Volskwagen the latter weeks in the intention to repurchase them later after the bursting awaited of the bubble, on the principle of the “short sale”.

Another striking fact: in order to get enough liquidities to acquire Volskwagen actions out of price, the investors were constrained to get rid of other titles of their wallet. ( Volskwagen )