Just for the heck of it??? | FerrariChat
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Just for the heck of it???

Discussion in 'F1' started by fatbillybob, Mar 2, 2011.

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  1. fatbillybob

    fatbillybob Two Time F1 World Champ
    Consultant Owner

    Aug 10, 2002
    29,126
    socal
    #1 fatbillybob, Mar 2, 2011
    Just for the heck of it how does one in USA with typical Schwab,Merril etc accts buy WGF1 (Williams GP Holdings) on the Frankfort exchange?
     
  2. BigWilly

    BigWilly Formula Junior

    Jun 15, 2009
    499
    #2 BigWilly, Mar 3, 2011
    Go to a reputable investment firm and tell them you want to invest in the foreign market.
    Might be a good time to do it while sir Franks stock is dropping.
     
  3. texasmr2

    texasmr2 Two Time F1 World Champ
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    Gregg
    #3 texasmr2, Mar 3, 2011
    Has the IPO already happened?
     
  4. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
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    Ian Anderson
    #4 Fast_ian, Mar 3, 2011
    Yesterday - From Autosport:

    Cheers,
    Ian
    http://www.autosport.com/news/report.php/id/89696
     
  5. texasmr2

    texasmr2 Two Time F1 World Champ
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    #5 texasmr2, Mar 3, 2011
    Thanks but DAMN I cannot afford them sadly. Too bad because as a shareholder I could call Frank and give him some advice lol.
     
  6. Craigy

    Craigy Formula 3

    Mar 19, 2006
    1,679
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    Craigy
    #6 Craigy, Mar 3, 2011
    As of yesterday I couldn't find it with my broker via their website, so I sent an email to see if I can get a few shares :)

    I don't think it's a really great investment. . . . but it would be fun to read the financial statements.
     
  7. Alex1015

    Alex1015 Formula Junior

    Sep 1, 2005
    949
    USA
    #7 Alex1015, Mar 3, 2011
    I believe Williams selected the German market because it allows them to maintain a degree of confidentiality in regards to earnings etc.
     
  8. GordonC

    GordonC F1 Rookie
    Owner Rossa Subscribed

    Aug 28, 2005
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    Gordon
    #8 GordonC, Mar 3, 2011
    Wait...
    European numbering - note the first line says "25 Euros each", second line says "23,930 euros each" - most European, non-english speaking countries use the comma as a decimal point - over here, those would be written as 23.930 euros per share. With exchange, that's maybe $35 US/share.

    I agree, picking up a couple of shares would be fun!
     
  9. TifosiUSA

    TifosiUSA F1 Veteran

    Nov 18, 2007
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    DJ
    #9 TifosiUSA, Mar 3, 2011
    First, accepting money from the American-hating socialist Chavez and now this? Questionable...
     
  10. Ferraripilot

    Ferraripilot F1 World Champ
    Owner Project Master

    May 10, 2006
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    John!
    #10 Ferraripilot, Mar 3, 2011
    How would that shareholders meeting go anyway? The one where the team boss essentially has to explain why the team lost a world championship or why the team is not attracting sponsors.

    If I were a shareholder I would do everything and anything to have the best driver possible in the hot seat. Williams' concept could change the way how the game is played at Williams. I bet it will
     
  11. texasmr2

    texasmr2 Two Time F1 World Champ
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    #11 texasmr2, Mar 3, 2011
    Yep that threw me off, I'll have to look into a few share's. Wonder if I can get certificate to frame?
     
  12. texasmr2

    texasmr2 Two Time F1 World Champ
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    #12 texasmr2, Mar 7, 2011
    Where can a friend who is in Canada view the foreign exchange online? I have not baught or traded in over 10yr's and it seem's I'm a computer idiot, actually that was never in question lol, but can someone supply a link I can share with him? He want's to purchase a few shares of Williams.

    Thanks in advance,
    tex
     

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