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C2645sg If you are not aware then the recall is a normal practice. All the company recall their product if they identify any manufacturing faults. Even Ferrari recalled 23500 cars in the past.
What's the point that you are trying to make here?
https://www.topgear.com/car-news/usa/ferraris-recalling-more-23500-cars-because-brakes-might-not-work
Another day, another example of C26 being shown up!
Weirdly I really enjoy his comments now, it's like a stand up comedy show! They are so faceless and misleading but funny as he get's put to shame by Paul on every occasion..
Up the AFRICA x
You muppet! All the demos and press cars went out last year ffs!!!
Thats because all the DB12s shipped out as demonstrators/press cars were UK registered.
AML_007 thanks for clarifying.
This will really cheer the doomsayers up!!!
New DBX to be revealed later THIS month!!!
🥳🥳🥳🤩😁
Bleating about a marginal drop in sales of a run out model (DBX)?!??
You really are clutching at straws.
The Q1 don’t include new Vantage, new DBS or revised DBX or new Volantes.
What dribble will you be coming out with at Q2, Q3 or end of year????
I wonder will you have jogged on by then?
@chesil356 – I think this is more to do with the pre & post 4:1 Rights Issue in Sep.22 (DYOR).
There were 1,525,926 ‘warrant shares’ exercised/issued in 2021 at the £10 option price.
And 8,990,975 ‘warrant shares’ issued between 3rd & 26th July 2023 at the £1.67 option price.
The SP ranged from £3.17 to £3.72 during those July dates, which was above the £1.67 option price.
To date, no ’warrant shares’ have been exercised/issued in 2024.
Hope that helps, have a good day, cheers, Paul. :)
@c2645sg & @Richard365054 – Thanks for the German and UK numbers respectively.
For the 3 Months to March 2024:
Germany = 76
UK = 385
Q1 Total = 461
And, compared to the 3 Months to March 2023:
Germany = -38
UK = +79
Q1 Total = +41
So, perhaps ‘swings & roundabouts’ is a better way to describe Q1, than “sales plummeting”?
Kurdishdream It's worth reading the annual report published yesterday, it gives some answers to the question around retail/wholesale numbers.
Bentley negative...and he new man. Not goods sign haha! Haha!
I posted the German numbers, how is that misleading? I even included the link for you to check.
We know why you want me banned, it's because you don't like the truth.
Tough.
The more to 'try' to antagonise, the more I post, do keep it up :)
C2645sg posting misleading information again should be banned
Beat me to it, going in the right direction!
.........................March 24..........................March 23...........................YTD 24............................YTD 23
Aston.............. 217 (+22%)..........................178................................385 (+26%)......................306
Bentley.............147 (-41%)...........................250................................245 (-41%).......................413
Ferrari...............164 (+3%)............................160................................268 (+4%).........................258
Lamborghini.....167 (+43%)).........................117................................252 (+54%).......................164
Maserati.............91 (-54%)............................196................................156 (-51%)........................317
Rolls...................80 (-32%)............................117................................135 (-12%)........................154
Found this in the results, is it a coincidence that the share price was driven down below the warrent option price?
“The Second Lien SSNs include detachable warrants enabling the warrant holders to subscribe for a number of ordinary shares in the Company at the subscription price of £1.67 (previously £10 per share prior to the rights issue in September 2022). The warrant holders have the right to exchange their warrant options for a reduced number of warrant shares, resulting in no cash being paid to receive the shares. The ratio at which this exchange can be transacted is determined by the share price at execution of the options. A derivative option liability was initially”
I could tell you but decide to support MP … but you know the date I bought so that window from/to.
Agree: 1st QTR results will be a good indication if this ‘improved’ business model can actually work and if the £230k ASP can be sustained. I have my doubt. I do think AML should concentrate on selling 1 car less than the market demands, and not a 1,000 more. If AML wants to be like Ferrari, then they will need to learn to act like Ferrari.
It has sold fewer but remember these have ALL been runout models.
The average price is up from £200k to £230 and the mark up per car has increased.
Let’s see what the 2024 figures look like with the new models and revised DBX shall we???
Just saying!!!
Advocate,
The sentiment of my posts correlates very well with the direction of the AML share price – how do your posts work out, inversely?
The simple fact is that AML is priced as a growth company (it has a P/E of infinity (LOL)), but for the last three years it has sold less cars to retail customers than the year before. Some fantastic products – the new vantage looks very good. But, it’s business model is a bust; it never has, and never will, generate sufficient operational cash inflow to cover its capital expenditure. In 2023, cash generated from operations £145.9 million; ‘cash outflow on technology and development expenditure’ £306.3 million (increase in intangible assets £183 million - get it?): – rinse and repeat; year after year.
I asked for counter-facts – all I get is diatribe. Grow up.
C2645sg You definitely need help mate. This is my honest opinion.
DBX fail!
www.kba.de/DE/Statistik/fahrzeuge/...amp;monthFilter=03_Maerz
25 Aston, vs 216 Ferrari
18 DBX
70 Urus
35 Purosangue
"it's nice to see someone who knows what they are talking about, I just read through your posting history.... Kudos."
7 posts Stroll bashing lol x
Be careful with the eloquent, factual posts on here Kurdish, they don't get much love.
it's nice to see someone who knows what they are talking about, I just read through your posting history.... Kudos.
I've heard the new CEO is on a very 'healthy' package, so by that meaning the same if not more than Felisa.
I also notice the AGM is internet only this year, wtf, Stroll obviously doesn't want any dissenters... BORING!