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Would love to see Newey test Stroll Senior's nepotism.
"Yeah, I'll take the job if you sack your son."
Excuse after excuse.
If you're so sure about your AML investment, you'd post your average and stand by it.
We all know why you don't.... Because it shows you up to be the terrible investor you are.
You said your faith in Stroll would waved at £15, now it's £1.50, a TENTH of that.
@c2645sg – So, after highlighting your ‘double standards & hypocrisy’ in Part 6, you believe the best way to bait me into answering your question is to suggest I am “too scared” to reply? < Roll Eyes >
I offered to “show you mine” in return for you showing me where you posted about selling your ‘considerable amount’ of AML shares. So, if you are really that desperate to know, quid pro quo.
Cheers, Paul. :)
PS
@c2645sg - Are you using the Cambridge dictionary definition of ‘guff’?
Guff - noun – Speech or writing that is nonsense.
As you are completely correct that many of your quotes in my posts (“Picciotto was buying millions of shares at £18/19” or “Priced for its 8th bankruptcy now”) definitely meet the definition of ‘guff’.
Oh, "one of Toto's targets"... Verstappen? He's unpopular. Don't do it Lawrence!
One wonders if Adrian Newey is rumoured to be leaving because of the Christian Horner scandal or if he wants to prove himself one last time or if he wants to end his career at a great racing manufacturer and not an energy drink company... As for the article below, I didn't understand it: Stroll wants someone from Mercedes for £400k a week. Who? It's not Lewis, and it certainly ain't George. Was the article written by AI?
LS is fully invested and make Aston Martin a success.
Your? Same ting you asked innit?
But I would have not believe you is you put numbers on this post - purely to$$er.
Yawn.
What's you AML average, aml007?
Simple question, simple answer, we don't need 6 pages of guff.
Or are you too scared t post it?
*ran-should be ‘each’
Ran person have different strategies- I hope you will see big profits one day 👍 just remember don’t greed…. Be brave to sell - cash is king.
My strategy is first batch done (less than 10% down) but hold on next batch after 1st of May to see what Stroll plan also markets views I will buy either cheaper or expensive shares after today Sp.
3rd, 4th batch will be decision in later on but I do believe 1.3bill is par for AM itself.
Look Stroll Am F1 value last November very impressive.
C26,
Ches last post covered your queries…… read again.
https://archive.ph/Iytuq#selection-2105.0-2827.163
Part 6 of 6
Let’s round off this series of ‘Facts vs. Fiction’ posts with some double standards and hypocrisy…
@c2645sg is clearly entitled to hold this opinion:
c2645sg – 26/11/21 - Quote: “My shareholding is none of your business AML007”
However, why then is anyone else’s shareholding any of @c2645sg’s business?
E.g. c2645sg – 08/04/24 - Quote: “Noah, whats your average here?”
As I’ve lost count of the number of times that @c2645sg has asked me about my shareholding.
These examples, 3 questions in 9 days, suggests an unhealthy interest, bordering on obsession.
c2645sg – 30/01/24 – “What’s your average now 007?”
c2645sg – 31/01/24 – “Whats your average here 007?”
c2645sg – 07/02/24 – “What's your AML pot average Paul?”
Although, the fact these questions usually come after I’ve highlighted fictional posts may be a clue.
- - - - - - - - - -
MarkPatrick – 26/02/24 - Quote: “C26: Wrong. We are not ALL waiting to hear AML007’s average. I for one am waiting to hear if YOU are invested here? Been waiting a long time. Please do tell?”
So, despite @c2645sg keen interest in other people’s AML holdings, @c2645sg will not confirm if they actually own any AML shares themselves, which does seem a rather hypocritical position.
Similarly, @c2645sg expects others to post the details of their AML share sales on here too.
c2645sg – 17/04/24 - Quote: “Let us know when you sell, please?!”
But @c2645sg never posted on here when they sold their ‘considerable amount’ of AML shares.
c2645sg – 27/10/20 – Quote: “More proof that long term thinking is better than short term. Forget wave theories. Buy a company that has this kind of potential and let it run. I won’t be selling ANY of the considerable amount I have for at least 3 years or anything under £1.50.”
For context, an AML SP target of £1.50 = £30 post the 20:1 consolidation in Dec.20.
After all, @c2645sg (falsely) claims to have called the 2021 SP peak, so it stands to reason that they would have posted something along the lines of ‘this is as good as it will get, so I’m selling now’.
@c2645sg – Tell you what, if you show me your “I sold” posts, then I’ll show you mine. ;-)
- - - - - - - - - -
@EveryoneElse – Apologies for the sheer length of these posts, but please see ‘Brandolini’s Law’.
https://en.wikipedia.org/wiki/Brandolini%27s_law
Cheers, Paul. :)
Part 5 of 6
These were factual statements:
AML_007 – 25/03/23 - Quote: “I stopped posting details on here.”
AML_007 – 21/01/24 - Quote: “I have already made money from my AML shareholding.
Yes, I bought shares at high prices, but I also bought shares at low prices, that’s what an average is!
My experience was similar to that of Michael de Picciotto / St.James Invest SA.”
Although, in reality, I had a few (very) small advantages over de Picciotto / St.James:
- Over 90% of my original AML holding was bought in 2022 vs. 84% of de Picciotto’s.
- I also bought over 60% of my total AML holding via a SIPP pension scheme.
- Therefore, the UK Government directly paid for some of my AML shares, at zero cost to me.
- The UK Govt. also gave me cash back, via a tax refund, reducing my AML share costs still further.
- - - - - - - - - -
The following are just a small selection of fictional statements about my AML average:
c2645sg – 21/01/24 - Quote: “your average above £15”
c2645sg – 19/02/24 - Quote: “Paul/AML007, hurry up with that AML average, otherwise you might not be able to claim(lie) you are in profit (haha) much longer.... ;)”
c2645sg – 16/04/24 - Quote: “Zero chance of agreeing with me if you can't even agree with yourself.
Bet you wish you had sold at £15 and bought at £1.50 now, huh? 90% destruction in wealth.”
c2645sg – 17/04/24 - Quote: “Then they try to tell you they are up. They can't even be honest with themselves never mind anyone else.”
c2645sg – 26/04/24 - Quote: “I guess that's not an issue to you because when you have lost so much money, it gets to the point where it really doesn't matter any more?”
- - - - - - - - - -
c2645sg - 07/03/24 – Quote – “You keep trying to weave a false narrative, it won't work.”
Based on the facts vs. friction highlighted above, who is the one trying to weave a false narrative?
@c2645sg regularly quotes my 2020/21 buys, but always refuses to answer my simple question:
“…please share with the group how many shares I bought in 2022 & how much I paid for them.”
@2645sg also never mentions de Picciotto / St.James buying 5.8 million shares in 2022 @ £1.06 avg.
The simple mathematics of AML shareholding averages shows that 2022 was the year that counts.
End of Part 5…
Part 4 of 6
Back to the fact checking…
c2645sg – 09/03/23 - Quote:
“Directors were buying close to £20 and it fell to 90p. They are heavily in loss, just like most on here.”
@c2645sg - There is a big difference between being down on paper & actually incurring a loss.
de Picciotto / St.James were ‘down’ £13.6m when the SP was 90p, but they did not make a loss.
Which would have happened, if they sold based on your (false) claim the company was going bust.
Instead, they didn’t lose £13.6m by selling & made £1m+ when they sold some of their AML shares.
So, yes, de Picciotto / St.James are ‘down’ today, but they will not lose/make money until they sell.
- - - - - - - - - -
This was actually the full quote used in Part 2 above:
c2645sg – 23/12/22 - Quote: “Pociotto was buying millions of shares at £18/19. If he was that bright and knew the company so well, why was he buying near the top?”
Which begs this paraphrased question for @c2645sg based on the second part of their quote…
‘If you was that bright & knew the company so well, why were you buying near the top?’ ;-)
c2645sg – 11/06/21 – Quotes:
09:17 – “Even I topped up over £22, but quickly sold again when I realised what was going on.”
11:11 - “Doyezee, I saved myself 13% by selling.”
13:12 - “Nice, hit my limit order of 1910. Keeping some in reserve in case it goes lower.”
c2645sg – 19/07/21 - Quote – “I am down a fair chunk today”
- - - - - - - - - -
So, @c2645sg saved money by selling at £22 & re-buying at £19 in Jun.21.
But were then ‘down’ in Jul.21, because the SP had dropped still further by then.
As per above, being down is not the same as making a loss, as they hadn’t sold.
However, it makes a complete mockery of their repeated (false) claims to have call the AML SP top.
Covered in more detail here:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&page=2&thread=16EB0448-6072-4769-97F8-D38F96A7BA54
End of Part 4…
Part 3 of 6
Back to Michael de Picciotto / St.James Invest SA and ‘Part 1’ ended with…
31/12/22 – Grand Total = 6,993,787 shares - Total Cost £20,133,986 - Avg. £2.88
25/05/23 - de Picciotto / St.James / Yew Tree Consortium sold some AML shares to Geely.
https://www.lse.co.uk/rns/AML/substantial-investment-in-aston-martin-by-geely-q94k6aqturtuixu.html
Clearly, this was a strategic decision and not the final ‘cashing out’ of their AML investment.
Still, they did sell 2,333,127 shares, at £3.35 per share = £7,815,975.
Compared to the £6,716,697 cost of those 2.3m shares (based on the average cost of £2.88).
Which gives a £1,099,279 gross profit / 16% return, excluding fees, taxes, etc.
Obviously, a £3.35 selling price is lower than the cost of each share bought in 2020 & 2021.
But the sheer number, and significantly lower prices, of their 2022 buys more than covers this.
That £1m profit compares to a potential £5m loss from selling those 2.3m shares @ 90p in Oct.22.
Meaning de Picciotto/St.James were £6m better off after ignoring @c2645sg’s bankruptcy warning!
- - - - - - - - - -
With £1,099,279 gross profit already banked, their AML balance became…
01/06/23 – Grand Total = 4,660,660 shares, Cost £13,417,290, Avg. per share = £2.88
Aug.23 - de Picciotto / St.James were part of the cash raise.
03/08/23 - 900,000 shares @ £3.71 = £3,339,000 cost
Sep.23 – Part of Stroll/Yew Tree building up their controlling percentage.
28/09/23 – 725,000 shares @ £2.57 = £1,863,250 cost
31/12/23 – Grand Total = 6,285,660 shares, Cost £18,619,540, Avg. per share = £2.96
- - - - - - - - - -
Sources:
https://www.lse.co.uk/DirectorsDeals.html?shareprice=AML&share=Aston-Martin-Lagonda
https://www.lse.co.uk/rns/AML/
https://www.hl.co.uk/shares/shares-search-results/a/aston-martin-lagonda-ord-10p/director-deals
AML Annual Accounts – 2021 to 2023
End of Part 3…
Part 2 of 6
Before continuing with Michael de Picciotto / St.James Invest SA, let the fact checking begin…
c2645sg – 23/12/22 - Quote: “Picciotto was buying millions of shares at £18/19.”
#Facts - Picciotto didn’t buy a single share at £19 & just 130,715 shares in the £18 range.
Those £18 shares from 2021, made up less than 2% of their 31/12/22 total holding of 6.99m shares.
Funny how @c2645sg never mentions the 5.8 million shares bought in 2022, with a £1.06 avg.
Which were all a matter of public record when @c2645sg posted their fiction on 23/12/22.
- - - - - - - - - -
c2645sg – 15/04/24 - Quote:
“Half the board were buying shares over £15, and they were all completely wrong.”
Based the working in Part 1, which had the biggest influence on de Picciotto‘s overall AML average:
- Was it the 2% of 6.99m shares bought for around £18 in 2021?
- Or was it the 83% of 6.99m shares bought for an average of £1.06 in 2022?
Which is the whole point of talking about an average, that includes high & low prices paid.
- - - - - - - - - -
c2645sg – 13/10/22 – Quote: “Priced for its 8th bankruptcy now.”
At the time @c2645sg claimed AML was about to go bust, de Picciotto / St.James had 6.3m shares.
Conventional wisdom is that, when faced with bankruptcy, you should sell your shares for ‘something/anything’, rather than keeping holding & risk getting nothing when the company folds.
If they had sold those 6.3m shares in Oct.22, around the 90p mark, they would have lost £13m!
(Ignoring the fact that selling 6.3m shares would have lowered the SP & increased the loss.)
Instead, they bought more shares in Nov.22 and lowered their average from £3.06 to £2.88.
End of Part 2…
Part 1 of 6
@advocate1973 – Apologies, later than promised, but I needed the 2023 accounts to complete this.
- - - - - - - - - -
Here is a worked example of an average AML share price calculation, using real share dealings.
Michael de Picciotto / St.James Invest SA
29/06/20 - 4,000,000 shares @ £50p per share = £2,000,000 cost
09/12/20 - 1,240,784 shares @ £50p = £620,392 cost
2020 Buys = 5,240,784 shares, Cost £2,620,392, Avg. per share = £0.50
14/12/20 - 20:1 Share Consolidation
31/12/20 - Total = 262,039 shares, Cost £2,620,392, Avg. per share = £10.00
- - - - - - - - - -
02/03/21 - 50,000 shares @ £18.98 = £949,110 cost
07/05/21 - 50,000 shares @ £18.48 = £924,175 cost
28/06/21 - 30,715 shares @ £18.71 = £574,678 cost
05/11/21 - 100,000 shares @ £17.44 = £1,744,000 cost
26/11/21 - 25,000 shares @ £14.60 = £365,000 cost
02/12/21 - 25,000 shares @ £13.99 = £349,750 cost
15/12/21 - 79,679 shares @ £12.00 = £956,148 cost
16/12/21 - 20,321 shares @ £12.32 = £250,355 cost
2021 Buys = 380,715 shares, Cost £6,113,215, Avg. per share = £16.06
Sub-Total 2020 + 2021 Buys = 642,754 shares - Cost £8,733,607 - Avg. £13.59
The above covers share purchases, but de Picciotto / St.James also had AML warrants:
https://www.lse.co.uk/rns/AML/directorpdmr-shareholding-replacement-0mnk1fkv814s1tf.html
AML’s 2021 Accounts list the de Picciotto / St.James holding as 1,150,000 shares on 31/12/21.
Therefore, an extra 507,246 shares were added by way of exercising these warrants.
(As part of the total of 1,525,926 warrants exercised in 2021, in three batches.)
Share Cost = $0.38 per warrant (paid in Dec.20), plus £10 per share option price = £10.28.
2021 Warrants – 507,246 shares @ £10.28 = £5,214,489 cost
31/12/21 - Grand Total = 1,150,000 shares - Total Cost £13,948,096 - Avg. £12.13
- - - - - - - - - -
28/09/22 - RI - 4,800,000 shares @ £1.03 = £4,944,000 cost
28/09/22 - RI Rump - 378,787 shares @ £1.32 = £499,999 cost
Sep.22 Buys = 5,178,787 shares, Cost £5,443,99, Avg. per share = £1.05
30/09/22 – Grand Total = 6,328,787 shares - Total Cost £19,392,095 - Avg. £3.06
03/11/22 - 114,000 shares @ £0.90 = £102,822 cost
03/11/22 - 118,797 shares @ £0.96 = £114,225 cost
04/11/22 - 237,500 shares @ £1.11 = £264,075 cost
07/11/22 - 95,743 shares @ £1.29 = £123,655 cost
08/11/22 - 95,000 shares @ £1.38 = £131,525 cost
09/11/22 - 3,960 shares @ £1.41 = £5,590 cost
Nov.22 Buys = 665,000 shares, Cost £741,891, Avg. per share = £1.12
Total 2022 Buys = 5,843,787 shares, Cost £6,185,890, Avg. per share = £1.06
31/12/22 – Grand Total = 6,993,787 shares - Total Cost £20,133,986 - Avg. £2.88
End of Part 1…
The DB12 launch has been a disaster.
New Vantage means old one can't have sold well.
DBX sales lower across the board.
Why are you expecting good results?
Noah
I've been topping up while it's cheap this stock is oversold should see a good set of figures out next week
GL
Thanks Noah i hadn't spotted the Bloomberg article, that certainly explains things and also shows how little this is going to need positive news wise to start moving up.
£1.61.... price to have happy party....haha! Haha!