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My exes uncle used to work in Newport Pagnell when Gauntlett was in charge, he died in 2003, March 31st ..anyway he was a welder I think...I remember going there once and round the back was a load of old Aston Martin's that they got bits of when they were short,I was only young but I asked if anything was for sale and none were lol...
Make her right always thank people for gifts
My grandfather used to collect and rebuild Lagonda. Just one of his cars sold for 170,000 years ago. Ivan Forshaw was the head of Lagonda club back in the day. Aston Martin bought Lagonda, hence the name.
My gran sold a Lagonda 3 litre open top to Lagonda club plus a stripped Lagonda saloon as a gift. My gran also bought Ivan Forshaw a box of chocolates. Get this. My gran never spoke with Ivan again because he never thanked her for the chocolates.
Thanks for letting me share my story.
Woodie Woodstock
There's a date right under the 65p figure Bristolcupid..........!
1 Apr 20............... !
All the best (I'm confused be all the fund raising, and actual target entry, I'll admit :)
I am still waiting to press the button - under "fundamentals" it indicates a 52 week low of 65p? When did this happen?
Have to say I prefer the DB4 and DB5. By stretching the body for the extra seats it looks too narrow.
Anyway, was also looking at Tesco (conclusion, barely fallen in price, increased costs with agency workers to cope with the temporary regulations and moral pressure not to make bonanza profits this quarter but may suffer future profit drop due to most folks pantries looking like a Tesco Metro).
The restaurant/ pub sector is bombed out, and may look good as weaker competition goes to the wall (Restaurant group, Carluccios are but 2), looked at M&B (I'm a Brummie) and 'Spoons (I like drinking). They have rebounded surprisingly since late March but still well down.
I'm trying to summon my inner Buffet - where has there been over reaction due to their sector being hit, and which companies in those sectors are the most financially stable and able longer term to profit from the less well financed competitors going bust.
Well I have joined your merry throng (let me just check the spelling of that last word). Yep, no typo.
Good luck to me!! And my fellow AM shareholders :)
http://www.astonmartinworks.com/heritage-sales/aston-martin-mk1-db6-vantage
Might even have been a DB6 now I think about it. I desist!
I think the one I saw in the factory had been restored and was now for sale. But your point still applies.
In fact I don't think the DB5 'continuations' are even road legal! Mind you, suppose it doesn't matter if they are just destined to be trailer queens. They aren't based on unused chassis numbers (like the Jaguar XKSS' were) so are 'new cars', and as such can't be road registered without meeting current regulations. I'd imagine an original DB5 would have an NCAP rating of about minus 20! Here we go again, just got a quote of 73.20 to buy
Not sure if that's good or bad. The intrinsic value of any of these type of cars is much lower than the market value. The Vantage wasn't significantly different or better in what it did than a Jaguar F-Type but the car market has always been like that.
Ask yourself, if someone owned it privately now and put the brand alone up for auction, how many rich people and corporations would be clamouring to buy it. I'd say plenty.
If you go into their factory showroom, there's a DB5 from the sixties that is for sale, I think around half a million. It has very little intrinsic value and almost certainly won't be driven by any new owner; it's just nice to own, if you have that kind of spare cash.
"The brand has a huge value to someone" is very wide of the marque!
Not sure johnpwh but understand £75.5m in short-term funding has already been made available from Stroll's consortium and that would make sense if cashflow was the immediate issue. In essence the £75.5m is to maintain liquidity, with a lot more to come in the future.
You're also right that the deal was reworked from 16.7% (approx) at £4.00 to 25% at £2.25.
And like you, I wonder if his revised end game (or even to begin with) is to have full ownership for his consortium. Would current shareholders benefit from that? I don't know but...
I agree Tiptree, it has gone bust before - several times! Yes it would survive as a brand, I believe its one of the strongest in the world, but that wouldn't necessarily mean the current equity holders would benefit. I agree re Stroll, he is a sharp cookie - but him being a sharp cooking might work either for or against current shareholders! He was savvy enough to have that renegotiation clause in the original agreement. Now that was clever. My question to you, as you are obviously better informed than me about recent goings on, is have actually got Strolls consortiums money in the bank yet? Would appreciate the information, thanks in anticipation
lol with all the cash injection.... i say not today ;-)
It's gone bust before and many would have us believe it's going to happen again now.
I can't see that actually: even if it did no business for the remainder of 2020 (just say), the brand has a huge value to someone. Stroll won't let it go as he understands brands more than most.
Bumpy ride for those getting in now, sad times for those who bought in much earlier.