Evil Knievil: I call that terminal

By
0 mins. to read
Evil Knievil: I call that terminal
Master Investor Magazine 42 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

Trump ponders whether treason may be in point. The trouble is that once he tries these two syllable words he runs into trouble. Poor fellow. Poor us.

*****

MPAC (LON:MPAC) reports indifferent performance. But the surplus on the pension funds is c. £30m and the site at Monks Risborough may yet achieve planning permission. Given that there are only 20m shares in issue TNAV could be a striking 400p. This leaves MPAC a screaming buy at under 150p.

*****

Goldman Sachs were recruited to prepare documents for the privatisation bid of $420 for Tesla (NASDAQ:TSLA). In the event that “plan” was shelved and, lo and behold, Goldman Sachs now sees a target of $210 within six months.

It would probably be wiser to suppose that TSLA goes bust within two years. Make no mistake: TSLA must raise at least $10 billion, and possibly rather more, merely to pay current debt. And, even when that is done, TSLA is still losing money. I call that terminal.

Comments (1)

  • Mark Lyndon says:

    The ad nauseam, stuck record, running commentary in the Corporate Media and elsewhere on the Trump presidency bring to mind an observation made thousands of years ago:
    “Strong minds discuss ideas, average minds discuss events, weak minds discuss people.”
    ― Socrates

Leave a Reply

Your email address will not be published. Required fields are marked *