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Hey Symondo and welcome to the madhouse.
Hello, another newbie to this board.
I've been reading for about 2 months and a month prior on the stick market in general.
I've not got any of the mad figures you guys have in here but since my bank decided interest rates on savings were non existant I thought I'd have a go myself.
I've watched f1 since as far back as I can recall and have been following the Aston story for years.
I saw the stroll buyout and the stock prove and figured, he wasn't really going to pump that in to loose it along with other investment friends. And realistically a world without aml... Nah. Couldn't see it.
So I went for it and bought in at around 1.10....
As everyone on here knows it dropped like a stone so with reading here I've managed to average down to 57p
Im finding this exciting and educational but I'm confident in my investment to give a solid return in 12-18months
And thanks for the tips from those ive read so far.
After looked at DAI RNS’s over last 12months.... I don’t think it will happen to at T/O as they are cut back, reduced divi, spends on reduced e.g. Mercedes SL developed by AMG, started work with BMW as joint (to saved moneys)... it screamed Mercedes F1 to end? Will have to wait and see...l hope AGM going be interesting and good news.
Jimjam...would it be a bad thing? As long as they have autonomy as Porsche, RR, Bentley and Bugatti do.
Mercman77 that spells out why DAI might just want to pick off AML.
Tiptree...I’m sure that the customers the Valkyrie and Valhalla are aimed at have massive investments but still have a few million languishing in various bank accounts
I agree but I like the way they’re moving in terms of exclusivity. That’s where Mercedes went wrong. I remember the 80’s when they were very exclusive whereas now the C class is the new Mondeo...same with the 3 series and A4
I’m going research on DAI (Mercedes-Benz owner) on their RNS’s to see if I can find all T/O over last few years (if there any) to see what their styles of buying companies.
You got valid point.... thank you again.
Difficult to know fair price as it is quite subjective in terms of brand value. I am certainly not a proficient enough economist to try to guess that hence my vagueness of over £1
Quite a few rich people do just that as they might have assets but not cash. Check out JBR Capital.
With £30k deposit for a DB11, you might pay £1,000 a month for two years with a final payment of £100k. Just saying.
CC, true..... I tend agree with you but is that fairness price?
- assets
-debt
- future order book
Etc
Etc
....
I was hoping fair price about 1.50 - plus because itself brand ‘Aston Martin’ is worth a bit!
Ark, it would probably have to be north of £1. Can’t see any big holders agreeing to anything less.
Whether. This going happen or not..... what is fair price of SP (AML) to TO to swapped to DB shares? I hope we get fair price however Bamford got 25% (was) ... I’m sure he reluctantly to let go AM.
Went his estate property every year (yearly holiday at Cotswold about just over a mile from where we stayed) beautiful estate also his wife run business (farm, Deli, etc) again beautiful.... they don’t need monies. Also in fact Bamford was earliest of AM before chance name .....
But of course anything can happened.
I totally agree Tiptree. The market that Aston aim at will probably only be wealthier at the moment if they invested back in March. If you have big bucks in your account then an Aston Martin is small fry in terms of a dent in your finances.
They are.
I thought RR aero engineering and RR cars were entirely separate now but might be wrong.
RR, Rolls Royce? i think thats a tough one. I dont know the split of income but they have a significant exposure to the airline industry through engines.. and whilst planes will fly again, they wont be putting in massive orders anytime soon..
As Cars said debt is the big issue but a fully sighted one. I only bought in with the new CEO. I honestly didnt have faith in Andy Palmer.. Hes been there for 6 years and not for trying , hadnt achieved the right outcomes. AMG is a pretty lean operation, that efficiency cost cutting, LEAN process improvement etc and focus is what I expect to see. from Tobias.
Much appreciated! Thoughts on a DB takeover? BMW got RR and VW got Bentley and Bugatti...DB missed out on Ducati many years ago and I think, in future, they might aim for AML...
FWIW, I think adg1979 has got this about right. It wouldn't surprise me to see the SP drift a little for a day or two as it probably rose too swiftly last week, but medium-term, it could be a winner. The new factory for DBX is open and they're being proactive on current dealer stocks of other models.
Upside is that the price had already fallen much too far and that people with the money to buy an Aston (or sometimes several) aren't really that bothered about the economy. They don't buy these because they're good, they buy because they're attractive.
Even bigger upside is that DB might be thinking of a buy-out. I was wondering earlier this week if Stroll would be receptive to selling the road car business to DB in return for getting the Mercedes F1 team for Aston Martin F1. Bit of a long shot.
Don't be fazed by short term falls on this one, it's been all over the place.
It's not a share for the faint-hearted and I suspect some are in love with the image rather than the business.
Welcome on board Mercman. Quite a fitting name at the moment!!
AGM..an ironic slip of the tongue...apologies
Mercman, absolutely the debt is the biggest issue and could come back to bite if Covid causes more destruction of the market.
This is the main reason the share price is so low. The fund raise and RI has bought some much needed relief and the hope is the new leadership will be able to restructure the debt in a way to cut interest payments and possibly additional cash if needed.
This is one of the things that could be brought up at the AGM.
Definitely still risk here due to the debt but the upside in my opinion with all the positives discussed previously is that the upside outweighs the current debt issue.
Good luck and if the debt issue is sorted by great sales and profits or restructuring your entry price will look very cheap.
Thanks adg, it’s definitely interesting times for AML. I looked at RR (different proposition entirely, I know) but the SP for both have followed a similar trend but I have more faith in AML. I think the secrecy of the AMG could be very positive in terms of DBX orders but I also think there’ll be another surprise in store...which might be DB/F1 related. I’m going for 70 by the end of the week...fingers crossed
Hi Merc, Aston just raised £500m so shouldnt need funding for the next 12 months at least provided DBX sales and production continue and no further lockdowns.. in the longer term, junk rating doesnt mean you cant get lending it just means the terms arent as good. As it stand theyre pretty fully leveraged hence why they raised the £500m through equity. I think if they get the DBX and valkyrie production going, look at a bit of debt restructure if possible (not more money jsut restructured), then they may choose to raise more cash next year at a share price of say £2+ If we get there. That means they can fast track some further development work, pay down debt. But Im hoping they wont need to by then.