The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Of course it makes all the difference. If you have posted your position previously then please forgive me. I am unable to find it and I have genuinely forgotten it.
But it really does make a difference. You can post facts on both sides of the argument. Facts that support AM as a growing business. Facts that support AM as being overinflated currently.
Your facts would take on a lot more credibility if I understood your position. If I knew your argument was a balanced one. You only post facts without drawing any conclusions.
I really am genuinely interested to hear your conclusion
Jack.
If you don't like, facts, filter me and live in your cosy echo chamber.
I have posted my position many times on here. Does it make ANY difference? You're still taking my word on it aren't you? Jeez.
Haha anyone can give financial advice... Or am I going to get locked up for giving advice to family and friends? Only financial advisors can charge for financial advice.
But that aside...
You could still state your position. Which is the one thing you never do. Which unfortunately means that you could be the most informed person here, post all the facts you like... But people like me are going to find it hard to trust you.
If you genuinely want to help us (me) then help me to understand why you are still on this bb
Carpy is talking about China’s figures not figures as a whole Chad, you need to give up with your negatives it’s all priced in the SP, the reason the SP is so bad is because of such terrible sales across the us eu and uk. Forward on 9 months and we will see where AM are at, you have no ammunition to come here your just repeating yourself over and over and just post figures from an article Karen wrote.
@Noah,
I know fine well what PE ratios are. You need a profit to calculate them, otherwise they are negative values.
Previous management claimed DBX sales of 5000-6000 DBX per annum, now AML are saying 3000 per annum. That's half and they aint even managing that.
How many DBX have been sold to actual customer, not just dealers?
So now we know what Stroll means by "gangbusters".
Not quite back up to 2019 sales levels, which was a terrible year anyway.
Jack, only financial advisors are allowed to give out financial advice.
You can either believe the rampers on here, or the facts, your choice.
If you need someone else's opinion (as flattered as I am) then you probably shouldn't be invested in the markets.
AML 007, that's it, keep filtering folk you don't agree with, I am sure that will make you lots of money on the markets. *wink wink*.
I’ve only filtered two people on here and there are already 5 filtered posts today.
Based on other people’s replies, I’m guessing:
- @Nite25 is still barking at passing cars while claiming a billionaire needs our money for his son
- @c2645sg’s glass remains half empty and can only see bad news, not any good
Note:
I don’t really care what they are actually posting.
They can have their option and I can have mine.
Nothing they write will change my option.
And I’m pretty sure nothing I write will change theirs.
GLA and ISWT.
Cheers, Paul. :)
The idiot said ‘ Stop making numbers up out of your head.“
.... have you heard the Forward Price-to-Earnings ? p/e.
Look the forecast............
I only post this due to your mislead information at 12.05, try again work out WITH FORECAST price to EARNING (aim 500mill out 2Bill) in 2025 that official they are aim it.
Whether this going happen or not .... it your decision BUT the numbers should be shown above with FORECAST.
Green colour back on.
Thanks C3PO! We already know the figures, we listened live :) We love the figures!
I think the problem you are having persuading us is you have no credibility and hide behind an anonymous persona. Maybe tell us a bit about yourself and your experience?
We are all ears :)
So what is your opinion c26? What's your prediction for the share price at the end of 2021?end of 2022? End of 2023?
Should we be selling now?
Do you currently have shares? What's your buy target? When are you going to top up/buy back in?
For people like myself it's important to understand the position of the people posting. So I can mentally assign a level of credibility to the information I'm receiving.
I take the optimism with a pinch of salt. I take the pessimism with a pinch of salt. If you are truly trying to warn us about AMs inflated position could you please lay out your own position in all this so I can trust you.
P. S it hurts my feelings when you respond to others posts but not me
Carpy, "can't remember the exact figures" Mick
This is DIRECT form the AML results:
Retails:
Q4 2019: 1854.
Q4 2020: 1398
Down 15%
Wholesales
Q4 2019 : 1923
Q4 2020: 1839
Down 4% but most were DBX sales to dealers as per my other posts today. NOT sales to customers.
Stop making numbers up out of your head.
C26 makes the point that in 2020 APAC were 42% down overall on 2019 sales. What he fails to say is that it is because they made almost no sales in the first half of the year being 74% down in Q1 and 86% down in China. HOWEVER, by Q4 their sales were GANGBUSTERS and were 34% up on 2019 Q4 figures. This is this the vital bit of
information that C26 conveniently missed telling you. China's sales were about 25% (cant remember exact figure) up in Q3 and 34% in Q4, a very strong and improving performance :-))
C2645sg - given what you've posted, what is your opinion?
Is the SP too high? Should we sell and buy back in later down the line? What are you doing with your holding?
If you have sold your holding then what causes your continued dedication to educating this bb? If you have no horse in the race then why keep coming back? It can't be out of the goodness of your heart?
Genuinely interested
If it's just good old fashioned trolling then it's just a bit boring.
Yeah, I suppose sales are going "Gangbusters' again.
Remember that quote from Stroll?
APAC sales were down 40% from last year, and he states Gangbusters.
His cheap hyperbole and marketing nonsense doesn't seem to be shifting the SP much.
Most shareholders have bailed as they know 2021 will be more terrible sales figures and more cash raising.
JP Morgan states AML will be burning through cash @ £200m per year for the next 2 years, what I have been saying all along.
https://www.proactiveinvestors.co.uk/companies/news/943098/aston-martin--still-a-few-years-away--from-turning-corner-jpmorgan-believes-943098.html
https://karenable.com/aston-martins-q4-full-year-2020-results/
"A few more interesting comments that did emerge on the DBX were the annual objective of selling 5-6000 units was a “prior management” goal. The current expectation for DBX wholesales in 2021 is around 3,000 units. To get there, Aston Martin will need to increase the Q4 2020 sales run rate by 25% in 2021"
So you’re not worried that orders for sports cars go through to September, but DBX orders only run to July?
DBX wholesales (AML to dealers) for Q4: 1171 cars
DBX retails (dealers to customers) for Q4: 593 cars.
AML are loading dealers with DBX, 578 of them in Q4 to be precise.
Most US dealers have 5/6 `DBX on their webpages, which means another 2 or 3 out back.
So much for “Build to order’.
This article echoes many of the reasons people on this BB have faith in Stroll's plan:
- Build to order to drive exclusive brand
- Full order books and not full showroom forecourts
- Mercedes partnership and rapid EV development
- 108 year history becoming a theme (look out for something special to mark 2023)
Add that to the publicity from the F1 teams and F1 safety & medical cars.
Even if it takes a while, the market will appreciate AML at some point.
GLA and ISWT.
Cheers, Paul. :)
This is such fantastic news. Very positive indeed. Especially the bit about the full order books.
Thank you Noah for taking the time to share this. I can't wait to see the market reaction tomorrow and the following few days.
GLA
FT....2
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
Aston has yet to decide whether to use the DB moniker on its electric models, Stroll added. “We will have a front engine version of a DB11/Vantage, and an SUV higher four wheel drive one, but we don’t know the names yet,” he said, adding the designs are not yet finalised.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
Mercedes, which supplies some of Aston’s engines and technology, may provide batteries, he added. “We’re looking at all options”.
Stroll is hopeful that the 108-year-old brand will help the company remain relevant when it is unable to market cars on their purring engine tones.
Every carmaker will be able to produce electric vehicles he said, but Astons will have “our beautiful body, our suspension, our vehicle dynamics, our bespoke interiors”.
Stroll, who made his fortune moving brands such as Tommy Hilfiger, Michael Kors and Ralph Lauren upmarket, aims to restore the luxury credentials of the company that has struggled financially since an ill-fated IPO in 2018.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
A policy of emptying dealerships of excess stock cost the company millions last year, pushing it to a loss even before the pandemic, but means that the business will in future only make cars that have a buyer lined up, he said.
“By showing a little bit the first signs of scarcity, we’re already seeing results,” he said. “We’re already sold out until September on the sports cars, and until July on the DBX.”
Last week, he unveiled the racing car to be used by the new Aston Martin F1 team, which he believes will further boost the brand.
“80 per cent of people who watch F1 buy a high performance car at various price points,” he said. “And of the 23 countries where there are races, we ha
FT.....1
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
The billionaire boss of Aston Martin has promised it will build its electric models in the UK from 2025, at a time when the country is struggling to attract the investment required to secure the industry’s future.
Lawrence Stroll, who led a bailout of the business last year, told the Financial Times that a battery sports car and sport utility vehicle will be made at Aston plants in Gaydon in the Midlands and St Athan in Wales, rather than by its partner Mercedes-Benz, which owns 20 per cent of the company.
“The SUV will be built in Wales and the sports cars will be built here [in Gaydon],” he said in an interview at the company’s headquarters.
Aston’s pledge comes as Stellantis, the carmaker formed by the merger of PSA and Fiat Chrysler, is still weighing whether to invest in making electric cars at its Ellesmere Port plant in Cheshire, after weeks of talks with the UK government.
The UK is planning to phase out the sale of non-hybrid petrol and diesel cars by 2030 but Stroll said Aston will carry on making traditional engines for enthusiasts well into the next decade.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
But it also plans to expand its range of hybrid and electric cars over the next four years.
A hybrid version of the DBX, Aston’s first sport utility vehicle, is due later this year, with more types of hybrids from 2023, and its first battery-only models from 2025.
“We are way ahead of our rivals, and all because of our partnership with Mercedes,” Stroll said.
Ferrari has committed to making battery models by 2030, while McLaren and VW-owned Lamborghini have not set timelines. Though Bentley, also owned by VW, is planning a battery car for the middle of the decade.
What I’ve been saying all along - the Rich only get richer in good or bad times because they can exploit moments like the pandemic. And as you say Englander, in those circles it’s all about having something exclusive, limited and that costs a lot!!!! AML now has a wonderful future ahead of it thanks to Stroll’s vision, capabilities and very deep pockets!!!
A bit more info in this extract from the FT article and the first time I've heard Stroll say when DBX is sold out til..."July" ...not bad considering we are in the midst of a pandemic.
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b
For those who can’t read FT https://www.bloomberg.com/news/articles/2021-03-07/aston-martin-to-make-electric-cars-in-u-k-from-2025-ft-reports
https://www.ft.com/content/6127125e-fbe5-4900-bd8d-54cc01d8922b