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Well I was in a good mood before I read that Motley Fool had recommended it. My experience is that its a kiss of death.
On Monday I had my finger poised on the deal button at 62.8 ish, and guess what. I didn't press it. Unsmiley face.
Lastly, I don't want to be miserable but I have filtered Jjtrader. Nothing personal about your content Jj but the way you write, and persist in putting pauses all over every single one of your posts, is probably he most irritating thing I have ever known a poster to do on lse boards. It's neither clever or amusing.
Cape, they could but Mercedes will own 20% and the deal allows Mercedes to appoint one director now & a second director once they reach 20%, so to do it they would have to act corruptly & go behind their partners & the directors backs, remember the case of Guinness directors years ago they all took part in a illegal ‘share support scheme’, and the directors got sent to prison.
Far more likely they’ve set the bar that low at 62p they couldn’t miss it unless something catastrophic happened.
@tinypie thanks for your feedback. following your explanation, it should be quite unlikely they have to pay penalty. Isn’t it easy for them to keep the price above 62 for these timed events? On the other side, couldn’t one argue that this penalty is a bit blurry? What does Merc holding 20% in the near future benefit from a penalty payment? To me sounds like they stabilze the price towards 62+ by sharing this information. I might just load more shares as long it stay below 62.
As I understood it, it only has to be the 62p or above on certain dates. Date one was the other day after the rns when they got their first lot of tech and the second time if has to hit the 62p to avoid penaltys is at the time of receiving the second lot of tech? But I might of misunderstood it.
I suspect DB5 Goldfinger has a while to run before the last one is complete. Now don't they use the old premises at Newport Pagnall for these. Remember calling as a young boy with my dad around 1969 and getting booklets for the DBS and DB6 which I still have. Isn't this where they do all the traditional metal work on customer Astons where the old metal skills are still needed. Likely that this will remain busy way into the future.
There's been no mention of the Speedster, albeit it is only a limited run of 88 models. Plus where will be the build facility for Valkyrie and Valhallah. These total 675 units so it's sizable.
following this part of the conversation...
Lawrence Stroll: I'll start with the last one. We think and know that the technology given is of a value that if we would have sourced on our own would have been a considerably greater expense. The second question was yes, if the share price is below the 60 - I believe it is c.62p - that we would have to pay the difference between 62p and anything below that. We are obviously quite confident we will not see share prices below, but instead well above the 62p mark. So, we’re quite confident that's a non-issue for us. And what was your other question? I know there was three.
would you interpretate this as a buying order, once sp drops below 62p? knowing AML would not like to keep the price below for too long, in order to avoid compensation payments to mb?
Why would they openly talk about this? sounds almost like a guaranteed price of 62+ Doesn’t make much sense to me.
Looking fwd to your opinion.
in case you feel the same... q3 q&a transcript
https://amsc-prod-cd.azureedge.net/-/media/corporate/documents/results-centre/2020---results-centre/q3---2020/aston-martin-lagonda-q3-2020-results---transcript.pdf?rev=be7cd3f191a44323a3830a70c6830f58
Cheers Englander. Hows your mate Powerunit? Has he fallen out with this bb?
Wrong thred Nelladrahcir! But still funny.
It's a good job Lance is the bosses son!
Is it to late to keep Perez!!!
*guarantee
I meant to say...
guarantee To go up! After Friday RNS news.
Eng,
True....
I have read here and says that guarantee.... that mislead to newbies or anyone who wish join AML.
End of the day.... you have valid point.
Thank you.
Agreed, not behind TELSA.
Mercedes is nearly finish the project of EV to 600km or 700km (can’t remember) but I have put link on here recently.
Mercedes and Chinese (EV) partner are very good .....
We only need is patience that all, my shares (1st fund on AML) are at my bottom drawer.
The 2nd fund, I have explained in other post at today.
Have good evening.
the big automotive ......sleeping giants have........... waited for the right
moment to release .............EV cars....its not that they are behind Tesla.......
all...... automotive companies have been researching and testing......... EV tech for years....
and already ......have the expertise ....in quality...... reliable ..... mass production.......
and that moment has now arrived.....
this is where .....AML..... will excel.....customers have the option.....
to buy .... raw power ICE models...or modern sports EV tech models...
Bang on.
I have put post here about Mercedes EV but no one pay attention (DT or quick bucks).
They will gave 2 different EV, one of them for luxury (bigger powerful EV engine) will use like you said Maybach. So peoples can’t say ‘look my Mercedes same engine as AM etc’
7 seats is very cleverly as there not many maker do 7 seats AND LUXURY ...
I do believe the SP still in unknown territory potential shot up to high side of 50’s to early 60’s but my feeling there going be below 50’s potential lower side of 40’s then gradually back to (above).
Reason for low 40’s is simply by the markets will hit suddenly (national lockdown news). I could be wrong, just wait and see... if it happen I wouldn’t buy to top up until mid of November to see what market like.
So when they have built all the goldfinger DB5 what are they doing with the line / staff?
Was thinking if they created a road worthy DB5 without the gadgets for say 1.5mill that would be good.
Yep.......3300 ...Toby .....and AML....are... officially off ....the starting line........
yes ...Noah....LWB.....7 seat model..or........ luxury .....high end...... business
like.... DAI Maybach.......
Love your charts Englander, always helpful. Can I ask, did you sell any when it peeked the other day? And what did you make of the RNSs? As i noticed you maintaining radio silence at the time!
also......Lagonda not going to be...... EV brand now...........going to be super luxury brand..very low volume....
EV tech .....will be available all in AML brand models....
by end of next year........HEV models available.......
JjTrader...
Always good reading... Ty.
You meant to be 7 seats I believe and correct ... about 2023.
Also I find interesting that they have decide to keep long term for Gaydon factory, in the past they mention to reduce footprint etc..... so I assume Gaydon was going but the details from bonds last Friday that Gaydon is part of assets if the bonds end up not paid so I don’t believe Gaydon will be left as monthball building ... (Gaydon can’t to be sold).
Lots EV over last 2 weeks also you right about Sport / EV it something like step to other level.
Thanks Englander, I'm only planning to take out those positions above 55 with the hope I can get them in lower than 55p, but if I took them out and didnt then get them back in I'm cool with that as my main holding is below 55p. It's just Iv got way to much in at the moment. I will never sell any thing below 55 as that ms my core holding, I'm pritty much just winging it day to day! Iv listened to the q and a, it's great actully hearing it from them. I know any thing below £1 is a good price in the grand scheme of things, would just be nice to tidy up my positions and get some slightly higher ones in as low as possible before it really takes off.
Toby Moers ..........has said he will release a.... PHEV.... DBX.... by 2023
this will be the luxury long wheelbase ......Lagonda......DBX updated design .
Which ..........means that ..............Toby will be starting that project ................right now.......
Dont forget ......EV performance .....in sports cars is much better than..........ICE cars as
much much more...... low end torque .......is generated from electric
motors............. meaning they .............accelerate faster.
So.... its not all about............ CO2 emissions.....
I think .....we will now see an option... for this tech.... across all .....the AML model range......
I m expecting .....Toby to release his....... mission statement in the next...... couple of weeks......
now that ......DAI...... have released his shackles...........
will be good for........... AML...............
I would say it wont be long untill 60 looks cheep. But even before then I think you've got a good chance of getting that 60 out and put back in at a lower level. I told myself I was going to sell everything above 55 then when it went to 63 I did nothing! Iv got several positions from 55 to 62 set at take profit at 62 with the idea it will be up and down from mid 60s to low 50s for the next month but who knows.
Thank you TinyPie. People have their doubts about that publication but (1) it is good publicity and (2) situation even better than in the article as that was written before Friday’s refinancing. Several posters have commented the gap between the market capitalization and the enterprise value will now be greater than the £900 million and £1.66 billion figures quoted in the Fool article you helpfully posted. Be interested what the share price does this week. Regretting using my emergency carrots to top up at 60p day after the MB announcement but will be good in the long run
Standing in the park wondering why a Frisbee looks larger the closer it gets... then it hit me.