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C26,
Paper loss yup.
Wait and see, I made huge profit last time by you and little prixk brother.
You make me laugh with your new attempt with SSOreport….. tut tut.
Log off
Same old Noah, can't argue any of the points in the article, all you can do is try and discredit it. It doesn't work!
How much have you lost on your recent buy here Noah?
Aston Martin wholesaled 6,620 cars in 2023 but retailed only 5,918.
So much for demand led business.
Lying to shareholders is par for the course for Larry.
Privacy policy 😁
Karenable!
Interesting give away small information…. Going check company house for start.
C26 19.56pm.
Lol, we not born yesterday!!! SSoreport - COPYRIGHT FOR Karenable !!! You can’t fool us this time!.
Where to find…. Click the menu icon (look bottom) created by 27works and copyright ©️ for Karenable!!!!!
Shooo.
You should have listened son of cloth. Bets you sorrys now haha! HAHA!
No there weren't Tim, stop making things up, it's boring.
Could be the PIF fund after hearing your fantastic commentary on the future of the co!
260k's of shares sold in 3 big transactions yesterday, who is selling so many?
Almost 50k shares sold today in 2 tranches, too.
as he gets me deleted for calling him a ****!!!!!
Thats a tool btw
🔧
Consensus for Free Cash Flow is a NEGATIVE £132m.
Ouch.
More whopping losses to look forward to in Q1 results.
4 YEARS of ownership LARRY, you promised FCF positive by 2023 when you bought AML, underestimated the problems much?
You spin more facts than a politician!
Whatever is said, any solution you try and spin it...
Haven't mentioned cash raise today, you feeling ok?
Lawrence "Spin" Stroll. He is right and the market is wrong, you have to laugh.
If AML didn't foresee all the problems with new software running on DB12s, how can he be so sure it won't happen elsewhere?
If Larry is so damn good at everything, why are there any problems at all?
If Larry prefers to restrict sales, why is there so much dealer loading in Q4 specifically for DBX?
He actually thinks if he says something, people will just believe it. I suppose all the fanboys on here do.
Dow down almost 700 points, ouch. I noticed Gucci got hammered this week too, luxury market waning, sales down massively, almost 20%. Or wanna be luxury, which AML fit right into.
Real luxury like Ferarri, Hermes, Chanel, LVMH etc, are doing just fine.
Now Stroll wants to sell 10k cars by 2027? I thought smaller number with higher margin was the new mantra? That means he is setting shareholders up for a drop in margin and probably ASP when the Valkyrie is sold out.
What a scoundrel.
“we got heavily penalized with our share price,” stroll told journalists at an event at the company’s headquarters in ***don earlier this month. “we are half what we were, for missing a few db12s.”***don, england – aston martin was “heavily penalized” by investors for last year’s software-related delay in starting production of its new db12 sports car, chairman lawrence stroll said.
problems integrating of the aston martin-developed software in the first of the new front-engine sports cars during the third quarter last year caused a reduction in deliveries, which in turn caused the share price to sink to less than 2 pounds ($2.50) now from almost 4 pounds last summer.
meanwhile, aston martin expects no more delays when it comes to integrating its new software on subsequent models.
“it's the same one in db12, same one in vantage and the same one in [dbs replacement],” stroll said. “so, you only have to go through that experience once.”
aston martin is only building the db12 in the first half of 2024 as it prepares for the new versions of the latest vantage, dbs replacement and updated dbx.
stroll said he preferred to restrict sales rather than push older models.
“it’s potentially financially painful for us, but that is the right way to grow a luxury business,” he said. “we don't want to stuff the market with dbxs with the old interior.”
aston martin sold 2,939 dbxs last year, accounting for 44 percent of the brand’s total 6,620 sales for 2023, according to company figures.
aston martin expects to sell about 7,500 cars this year as production of the vantage and dbx return in the second half. the company aims for sales of 10,000 by 2027, stroll said.
“it was a big challenge for a small company like this to take on hmi challenges and redo the whole software program,” stroll said. “we struggled like every other oem struggled. i don't think it's unique to us to have software integration issues.”stroll said that aston martin had now overcome its software problems and was catching up on a backlog of db12 orders.
“all the software problems are behind us,” he said.
replacement and updated dbx.
stroll said he preferred to restrict sales rather than push older models.
“it’s potentially financially painful for us, but that is the right way to grow a luxury business,” he said. “we don't want to stuff the market with dbxs with the old interior.”
aston martin sold 2,939 dbxs last year, accounting for 44 percent of the brand’s total 6,620 sales for 2023, according to company figures.
aston martin expects to sell about 7,500 cars this year as production of the vantage and dbx return in the second half. the company aims for sales of 10,000 by 2027, stroll said.
1Q24 consensus now published :
https://www.astonmartinlagonda.com/investors/consensus
1st of May and we will see where AM landed.
Bucketclown said this be over £2 at end of month. Has anyone seen Bucketcloth? Quack quack! Haha!
Https://www.gpblog.com/en/news/271825/f1-penalties-perez-and-sargeant-closest-to-suspension.html
Apparently ‘cavalry’ is the collective noun for the group of 14 x Valkyries on display in this photo.
https://en.wheelz.me/wp-content/uploads/2024/04/ASTONMARTINVALKYRIEWORLDRECORD.webp
Full details here:
https://en.wheelz.me/spectacular-world-record-aston-martin-valkyrie-supercar-parade-thrills-salon-prive-london/
Have a nice day, cheers, Paul. :)
"Similarly, Stroll/Yew Tree/Bertarelli, PIF, Geely, Mercedes & Lucid hold 71% of AML shares." this is such a good point Paul...
However, obviously C26 knows more than anyone about AML.
Ask yourself this question, would PIF etc have done any due diligence in relation to the company prior to investing and of so, why did they still invest? This is the answer you need to ask yourself.
C26 goes on about debt all the time, he has no financial acumen of knowledge, lies about facts constantly...
Anyone worried about debt, here is an article to help explain how debt in companies is very common...https://businessfinancing.co.uk/the-worlds-most-indebted-companies/
Yes the share price is not on the rise, but it will, patience is a virtue. I do believe also have the CEO of Bentley join speaks volumes.
3321 posts and *******!!!
AML are on their 4th CEO in 4 years, I hardly think that's 'listening'.