Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Face it Andre, c3p0 is right and the sp drops almost every day of the week, proving you wrong...but you still argue. hahahaha
go away. lolz
Yes mastermind, of course I have 500 IDs and I'm trolling around for 18 months. You're right as always my lord.
Andre, you are the same BB member who has been trolling me for 18 months and banned under most of the names you have used.
You've been proved wrong every step of the way. The SP has halved from £23 to around £12 today and yo still think you are right and I am wrong.
Good to hear you've given up, it's about time.
I hope no-one listened to you, you're an utter disgrace.
This share price isn’t falling because of the company is doing terrible (as you say).
There has been a huge cyclic shift in the market from tech and riskier securities to safe and history inflation proof dogcrap (gold/miners, energy….)
Look at US tech stocks worth half as much as they were.
Then there are companies in b3 exchange that make a health profit after tax and are to grow at double digit and value is only 1/3 of what it was 1 year ago.
The stock exchange miss values companies all the time since it’s not a perfect indicator nor a perfect marketplace.
Mastermind c26 has spoken. Not worth talking to you anymore as long as your not willing to answer questions from other board members.
Haha, brilliant ishi.
Be interesting to see if `Stroll and Moers buy some more shares this week.
If they don't there will be no support in the share price.
AML007, how big is the loss now, £4k?
C26 It’s adorable that you care so much about me and that you spend all this time on this website just to help everyone.
Btw I DON’T MAKE MISTAKES.
Too many times have I heard that nonsense story of Mercedes taking over Aston. Mercedes can’t even make a proper ev atm let alone manage subsidiaries.
Mercedes is NOT BMW and never will be.
However amg parts are not bad as they are higher quality than the crap merc puts in their non performance cars. So aston does benefit from that.
Where do car deposits go on the balance sheet Andre?
How much are the current liabilities for the year ahead?
You have no clue, and no-one should listen to you, because all you will do is lose them money.
Blablabla. Same sh*t, different day. The only Thing you can do is posting provocating questions, but obviously not able to answer thorough questions by yourself. Again:
- do you think AML doesnt have/hat the cash they officially state in their reports?
- do you insult management to be liars?
- asked 200 times by 50 different people: you are (still) invested... why? If the next cash raise or even bankruptcy is that close? Dont you think you'll lose a lot of your invested money?
Look at them scramble.
No idea, no will to learn, just bone-headed stubbornness.
I'm not even going to bother trying to correct all your mistakes, i'll just sit here and watch you lose your money.
If they don't raise cash, you might be losing 100% of it.
Let that sink in.
Stroll has been played perfectly by Merc.
ye and just to clarify C26 before you misunderstand what i am saying, I didn't mean FCF is including financing activities.
I am saying FCF is only a small attribute of total CF outflow. the big contributor is financing expenses.
it seems they also paid off interest expense in q4 since q3 cash just below 500m and now 410m.
c26
I see you are still pushing negativity all round :D.
other than the 1 analyst who for some reason said they need to raise cash what else are you basing your assessment on?
up to q3 fcf=-39m so not that bad considering q1 2021 was awful as they were offloading dealer stock still and higher avp pricing power didn't yet come through.
therefore cash outflows is due to finance activity from interest expense of the LT/liabilities.
seems to me only big issue is that.
Capex will decrease moving forward from following reasons.
1. development of next gen cars ev will use Mercedes architecture/powertrain/electronics
2. increase reliance on mercedes engines (no more development cost)
As report and stated end of year cash "higher than expected".
don't really see any concern long term until things go to plan...
there is high amount of risk but also reward is things go right.
sales is improving as they sold over 6100 cars and retail sales ahead of wholesales. dealer inventory is much lower as seen on different websites and also stated by management.
C26 btw... do you have any proof the cash raise was necessary and used to cover current liabilities? Or isnt this pure speculation? Do you therefore believe the official cash figures were faked? As they should have been easily enough to cover those 77m liabilities? Do you say mm is consciously communicating wrong figures? Shouldnt they go into jail?
Last but not least... do you now notice how annoying your way of discussing is?
C26 wht are you bothered, why why why.
Why are you bothered
Yes results were worse than expected, but only shifted into 2022. This is only an effect of some weeks, so yes this is a big difference compared to 2020. In 2020 huge efforts had to be made to destock dealers, to support sales etc... everything cash relevant and not really foreseeable in its extent. Now it's because of ~ 15 special cars which will be delivered late (but already sold)...do you really want to compare these two years? And did you notice that core sales were above guidance?
Yes I missed the fact that it was a further bonds issue, no share issue. Remembered that wrong.
Where do deposits go? Wtf is your intent with this question? Just read my first post again - this might help you find the answer.
Are the 2021 results not worse than expected?
Pretty sure a profits warning means it was worse than the guidance.
So why woUld they raise money in 2020 because the results were below expectations, but not in 2021?
You do know when you raise cash from bond sales, it has nothing do with the current share price, don't you?
They raised £77m in February to cover all current liabilities.
Where do car deposits go ion the balance sheet Andre?
Nice to know you admit your thoughts are pure speculation, thanks.
c26: probably because the 2020 result was worse than expected and they have seen a lack of cash to fully implement their 5y plan. Probably because the SP was seen as attractive (Feb was all-time high wasn't it?) to generate more cash for it. No better idea really, pure speculation as reasons have never been explained in detail.
Do you doubt the official cash figure (420m 31st dec)? What is your explanation for the cash raise?
Andre, why did AML raise c£77m in February 2021 when they had around £500m in the bank?
GKeer,
Over the years, I believe The Mail more and less ‘DONKEY CARROT’ they have large number following tips. If Mail says good thing on one company and Monday spike up !! Same as selling !!!
Great post Andre. Nice to have someone talking sence.
The Mail newspaper appears to overlook the positives and strengths in their agenda to put a negative spin on things.
They could have equally written a good news story to support the legendary British company but for reasons best known to them, chose not to.
C26,
I will, it it turn out you right.
It easy for me to admin that if I was wrong.
I still don't see any urgency in raising additional cash. AML stated to have 420m cash at 31st december which means they "burnt" max 150m of cash in the whole year of 2021 (~490m cash 31st dec 2020 + ~70m cash raise in 2021 - 420m cash 31st dec 2021 ). Personally I'm expecting the following improvements for 2022 compared to 2021:
- achieved efficiency improvements in production during 2021 will be effecting total years results
- additional sales from whole year of valkyrie
- additional sales from new DBX variants
- additional sales from vantage V12
- communicated improvements in material costs during 2022 (vs. risk of inflation and ongoing supply challenges)
Even if they'd again burn 150m of cash in 2022, there'd still be almost 300m cash left. And again I doubt it'll still be that much, probably less than 100m. And again and again and again: they NEVER said 2022 would already be cash positive - earliest 2023. This was originally communicated in their 5y plan published long ago.
Also I dont get the point that AML burnt more cash because of received deposits. What do you think the point of deposits is? To use them as a kind of prefinancing for development costs, testing, production ramp up etc... so why is this money additionally "burnt"? As far as I know the valkyrie development and production ramp up was still ongoing during 2021?
And is it likely that deposits will completely break down during 2022? Is it said that all valkyrie customer deposits have already been made (especially for the "new" spyder)? What about upcoming specials and probably first Valhalla deposits? From my point of view deposits will still be flowing in for the next years and therefore won't have a major effect on the necessity of additional cash.
Good morning Tiny,
AM just can’t get a break, i hope they release an RNS tomorrow morning to confirm they are ok.
Typical paper, news battered them, then at the bottom said the strike action is sorted.