Evil Knievil: I call that terminal

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Evil Knievil: I call that terminal
Master Investor Magazine 42 cover

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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

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