Member Info for AML_007

@chesil356 - Thanks for the link.

@c2645sg – My apologies.

Silly me, I was waiting for your reply to my last post about the false claims you’ve made on here.

But, as always, you simply changed the subject, rather than providing even a “ghost of a point”.

So why do you continue to expect/demand that everyone else should answer your questions?

After all, you will still not say whether, or not, you even hold AML shares, let alone their average.

@MarkPatrick has asked reasonable questions about one of your posts, will you answer them?

If not, then please try not to get upset if I don’t shout “How high?” whenever you say “Jump!”.

Have a nice day, cheers, Paul. :)

PS

You also seem to be confusing another English word, as pointing out your de-ramping isn’t ramping.

Son_of_Swiss – 28/02/23 – Quote: Doug Lafferty just said it twice 'No equity raise'

[Mandy Rice-Davies]

"Well he would, wouldn't he?"

[/Mandy Rice-Davies]

< Wink >

Jokes aside, it will be interesting to see which way AML goes with the refinancing.

Cheers, Paul. :)

@c2645sg – “infallible”?

Is English a second language for you?

Because the following are just some examples of your ‘I’m always right’ claims, not mine:

- To have correctly called the AML SP, when you didn’t.

- To repeatedly say Mercedes were selling up, when they weren’t.

- To predict a profit warning 8 times in 7 weeks, when no profit warning was issued.

- To quote “fulsome refinancing” and then talk about paying off debt, cash raises, debt for equity and even TERP (associated with an RI), none of which are refinancing.

- To confidently predict AML annual car sales numbers and be wrong year after year.

- To claim my average is “hideous”, without knowing any details about my 2022 dealing activity.

- To say that I’m selling now, when you have no access to what I am doing in the real world.

Similarly, you seem to be confusing the difference between ‘knowing’ & ‘sharing’ my average. ;-)

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@MarkPatrick – If the 'rinse & repeat' posts are bad now, wait until the results are out. < Roll Eyes >

Have a good one, cheers, Paul. :)

@c2645sg – Get over what exactly?

Get over the fact that you don’t want to use the UK Stock Exchange definition of a Profit Warning?

As it really doesn’t matter what you, me or Stroll think should be seen as material/marginal.

AML is a FTSE 250 company & therefore AML follows the UK Stock Exchange rules & definitions.

Is it really that difficult for you to use a simple FTSE technical term correctly on a share chat?

Same goes for quoting AML’s “refinancing” before talking about things that are not refinancing.

Otherwise, it might be said you appear to be posting ‘false or misleading’ information on here.

Have a good day, cheers, Paul. :)

C2645sg – 22/02/24 - Quote:

“If that's not a warning that earnings will be materially less than expected, I don't know what is.”

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@c2645sg – You do appear to be confirming that you don’t know what a profit warning is.

The key word is “materially”, not to be confused with marginally, or not 100% the same as forecast.

AML are required by law to issue a profit warning, via RNS, if results will be materially different.

(Which AML did for their 2019 & 2021 annual accounts, but not for 2023.)

Only the UK Stock Market definition of materially counts, not what you think it is/should be.

Therefore, on a share chat, by definition, you are using the phrase ‘Profit Warning’ incorrectly.

@Son_of_Swiss – Sorry, we might have been talking at cross-purposes.

I thought you meant an existing ‘big player’ buying at these low prices to reach the 30% controlling interest mark & then making a mandatory offer under Rule 9 of the Takeover Code.

In those circumstances, the offer price would have to be the highest price paid by that ‘player’ in the 12 months before the 30% point was reached (which was the £3.71 CR on 01/08/23).

Part of the mandatory offer rules allows a “Squeeze-out of the minority”. For this to happen, then the ‘player’ would need 90% of the remaining shares to accept the offer.

And I can’t see why the other ‘big players’ would agree to sell at the current prices.

Note – I’d prepared a similar answer on here before and there are more details here:

https://www.cliffordchance.com/content/dam/cliffordchance/PDF/takeover_guide.pdf

Hope that helps.

Cheers, Paul. :)

PS – I’m still not saying, or even suggesting, there will be a take over bid.

@c2645sg – You know the de-rampers are desperate when they start mis-representing posts. ;-)

#Facts - @Son_of_Swiss suggested there might be a takeover bid at these current low prices.

I corrected him, by pointing out that the big players can’t launch a takeover bid at these prices.

At no point did I say, or even suggest, there was going to be a takeover bid at £3.71. < Roll Eyes >

Some much mis-representation of facts, so little time.

Have a good day all. Cheers, Paul. :)

@chesil356 – Thanks for the link.

At least a 70% improvement from £268.2m to £455m in 2024 is a small step in the right direction.

“For the whole of 2024, Goldman said it forecasts adjusted EBITDA of £455 million, which is around 3% ahead of the City average.”

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@c2645sg – Is this your subtle way of admitting your 8 x 2023 profit warning posts were wrong?

As Goldman Sachs are clearly not predicting “materially below” profits, are they?

“A profit warning is an official statement to the stock exchange from a publicly listed company that says that it will report full-year profits materially below management or market expectations.”

https://www.ey.com/en_uk/strategy-transactions/profit-warnings

Remembering that a profit warning is a legal requirement that AML can’t keep “super quiet”.

Apologies for putting multiple thread replies into one place...

Starting with the 400 extra jobs, the 2022 accounts showed AML had 2,473 permanent staff.

I couldn’t see a total for agency staff, but another 400 people is still a decent % increase.

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@Richard365054 – There does seem to be an interesting debate about ‘Greenwashing’ these days.

As lithium doesn't grow on trees and 1/3rd of UK electricity still comes from fossil fuels (gas).

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@MarkPatrick – Any other feedback on your DB12 test drive?

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@astonbroomes – I don’t know how you can challenge multiple false claims & lies without highlighting them? Calming stating facts and figures seems like acting like a grown up to me. Replying with the equivalent of ‘Liar, liar, pants on fire” – not so much. ;-)

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@Son_of_Swiss - “only a tiny percentage is being traded atm”

Biggest trading day in the last 3 months was 4.4m, out of 823m total shares, round 0.5%.

https://www.lse.co.uk/SharePrice.html?shareprice=AML&share=Aston-Martin-Lagonda

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@Son_of_Swiss - “at these silly prices one of the big players makes a bid and take this over”

The Big Four (Yew Tree, PIF, Mercedes & Geely) would have to offer at least £3.71 per share.

Based on highest price they paid for any shares in last 12 months, which was the 01/08/23 CR.

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Have a good day, cheers, Paul. :)

PS

Surely, the most ironic thing posted recently was “Imagine lying about…”. ;-)

@advocate1973 – There wasn’t even a wafer thin veneer of credibility in that “quarantine” post.

And bringing up old posts about the prices I’ve paid doesn’t really change that fact, does it?

After all, I’ve never denied I paid high prices for ‘some’, not all, of my AML shares, see quote below.

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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.”

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Whereas, @c2645sg refuses to say if they still hold their “considerable amount” of AML shares.

Or show their “I’m selling” post, changing their 2020 buy advice of “let it run” for 3 years/£30.

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@advocate1973 – Anyway, I’ll try to pull together a post on AML averages in the next week, or so.

Have a good day, cheers, Paul. :)

@Son_of_Swiss – Come on now, you know full well that @c2645sg has high standards…

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c2645sg – 14/12/22 - Quote:

“When you state things then fail to provide evidence, you lose all credibility…

That which can be asserted without evidence, can be dismissed without evidence.”

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So, I am sure @c2645sg must have very good evidence to back up this statement:

“All DB12s in quarantine waiting for software upgrade.”

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Obviously, the definition of ‘evidence’ doesn’t cover something you read on PistonHeads. ;-)

Cheers, Paul. :)

@chesil356 – Thanks for the link.

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advocate1973 – 14/02/24 - Quote: “When the PIF fund bought in, are you really saying they had no idea and conducted no due diligence?”

@advocate1973 – This is one of their previous quotes on PIF (& the other main shareholders)…

c2645sg – 18/05/23 - Quote: “Imagine board room decisions now, Stroll, Mercedes, Geely and PIF all with different views on the next step, chaos.”

Whereas, in reality…

01/08/23 - RNS Confirmed that all four major shareholders were in agreement on the next step…

https://www.lse.co.uk/rns/AML/result-of-equity-issue-c8j3x74zrxlapmm.html

@advocate1973 – As you say, even £37m from PIF would require some form of approval.

(As would the £19.5m from Mercedes & £15m from Geely, ignoring the £43m from Yew Tree.)

That RNS also confirmed these statements were also untrue…

c2645sg – 29/06/23 – “Mercedes will be selling soon, 10% of the company, imagine what that will do to the share price….”

c2645sg – 11/07/23 – “Merc has just asked for cash rather than shares, so will be selling soon.”

Which was not the first time they posted false/de-ramping Mercedes sell-off rumours:

https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&thread=7030ADC9-ED1C-463C-8222-EC9802C5E340

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Anyway, this is a thread about the Vantage...

https://www.classicdriver.com/en/article/cars/did-aston-martin-just-launch-best-looking-car-sale-right-now

https://www.topgear.com/car-news/first-look/behold-new-656bhp-aston-martin-vantage-has-it-been-stuffed-too-much-power

Have a good day, cheers, Paul. :)

@c2645sg – So, based on my last reply, you still repeated the same question?

OK, fair enough, thank you for confirming you want to ‘change the subject when faced with real facts about what you post on here’. < Shrugs Shoulders >

Also , “facts”…

[The Princess Bride]

“You keep using that word.

I do not think it means what you think it means.”

[/Inigo Montoya]

< Wink >

Finally, remember this?

c2645sg – 06/07/23 – “The more someone posts on here, the more desperate they are.”

LSE posts over the last three days, between 06/02/24 & 08/02/24:

@AML_007 = 3.

@c2645sg = 15 and counting.

Cheers, Paul. :)

@c2645sg – Putting your verbatim quotes into context is somehow ”twisting” your words? Really?

As for asking the same question over and over again, either you believe my reply, or you don’t…

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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.”

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And if you don’t believe my reply, what is the point in continually asking the same question?

Unless it is to change the subject when faced with real facts about what you post on here? ;-)

Until tomorrow, cheers, Paul. :)

Livestock – 06/02/24 – Quote: “The share price is back to where it was a year ago I would of thought the company is in a better place nowadays”

@livestock – There is a small (£0.2bn) improvement in the market cap figure due to more shares.

06/02/23 – 698.7m shares @ £1.74 SP = £1.2bn MC

06/02/24 – 823.6m shares @ £1.77 SP = £1.4bn MC

Higher than the Nov.22 low of 698.7m shares @ £0.89 SP = £0.6bn MC

But lower than the Jul.23 high of 737.1m shares @ £3.94 SP = £2.9bn MC

Hope that helps, Paul. :)

@c2645sg – If only you looked at our own posts as closely as you look at others. < Roll Eyes >

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c2645sg – 14/03/23 - Quote: “Point out my blatant lies then, go on.”

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c2645sg – 28/07/23 - Quote: “£140m required to pay Mercedes in 2024.”

Which was posted one month after this RNS confirmed that no further payments were required.

“No further consideration shares, or related cash top up payments, will be issued or paid to Mercedes-Benz under the SCA” (Strategic Co-operation Agreement)

https://www.lse.co.uk/rns/AML/aston-martin-lagonda-and-mercedes-benz-ag-75vqkl8490xv63k.html

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c2645sg – 23/12/22 - Quote: “Pociotto was buying millions of shares at £18/19.

Michael de Picciotto never bought one share in the £19 range & just 130,715 shares in £18 range.

So, not even close to “millions of shares at £18/19”.

Context – Those 130k shares represents just 2% of a total holding that reached 6.4m shares.

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c2645sg – 24/05/22 – Quote:

“Since the company kept the AGM super quiet (no RNS)”

When, of course, AML had followed their legal responsibility and announced the AGM, via RNS.

25/04/22 - https://www.londonstockexchange.com/news-article/AML/notice-of-agm/15424081

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03/04/23 - “@Ronnie, quote me where/when I said this was going bust at 90p. Thanks.”

Well, the AML share price was in the 80 & 90p ranges between 6th Oct.22 & 3rd Nov.22…

c2645sg – 06/10/22 – Quote: “If this falls below 1 quid decisively, it’s going to zero.”

c2645sg – 10/10/22 – Quote:

“It's looking like going to zero. Losing court case could take 20% off the price.

Stroll selling his AML holdings will take 80% off the price.”

c2645sg – 13/10/22 – Quote: “Priced for its 8th bankruptcy now.”

So, that was “where/when” you said AML was going bust at 90p.

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Mind you, they also said AML would go bust due to Stroll’s ego and that didn’t happen either.

c2645sg – 09/05/22 – Quote - “Stroll is between a rock and a hard place. He ego will never let him cash raise, so he will drive this to bankruptcy.”

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So many false claims and so little time to cover them all. ;-)

Have a nice day, cheers, Paul. :)

@MarkPatrick – Thanks for the link, nice review.

And here is Chris Harris giving the DB12 a little bit of praise through gritted teeth. ;-)

https://www.youtube.com/watch?v=DQy8XlJKIIk

C2645sg – 31/01/24 – Quote:

“…readers knows I call it right…”

@c2645sg – Does making 8 wrong profit warning posts really count as calling it right?

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Readers know you claim to always call it right, but your actually posting history shows you don’t.

How many times do I need to show your “I was calling £12 when we were at £19” claim was false?

(Just one of your many false claims on here about calling the SP correctly.)

https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&page=2&thread=16EB0448-6072-4769-97F8-D38F96A7BA54

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Your track record for predicting AML sales numbers hardly counts as calling it right either.

c2645sg - 18/02/22 – “It's taking them 3 weeks to build one Valkyrie. That's 17 per year.”

Actual - 2022 Deliveries = 80 Valkyrie

c2645sg - 06/10/22

“H1 was 2675 sales, and that run rates looks similar in H2 so far. So roughly selling 5300 ish”

c2645sg - 07/10/22

“H1 sales were c.2500, therefore full year is 5000”

Actual - 2022 Sales = 6,412

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Are you saying your AML buying advice of “let it run” for 3 years/£30 was that the right call too?

Feel free to answer the question about when you corrected this advice to sell now.

Or just change the subject again, if that question is too difficult for you to answer.

Have a nice day, cheers, Paul. :)

C2645sg – 30/01/24 – Quote “AML have already reduced sales targets from 7000 to 6700.”

@c2645sg – That was the 2023 Annual Results ‘market expectation’ set by the Q3 RNS.

The rest of AML’s 2023 guidance is unchanged, hence the fact there was no further profit warning.

Or did you use a different UK stock exchange definition of a “profit warning” when you posted this?

c2645sg - Quotes:

08/01/24 – “Profits warning is now nailed on.”

18/12/23 – “Incoming profits warning”

16/12/23 – “profits warning to come”

13/12/23 – “People are waking up to the fact there will be a profit warning”

13/12/23 – “that’s a profit warning in Q4 results”

08/12/23 – “Nailed on profit warning for 2023”

08/12/23 – “Not a lot to look forward to: Profit warning”

25/11/23 – “Another profit warning waiting to happen”

You made 8 claims there would be a profit warning in the space of 7 weeks, after the Q3 RNS.

But there was no 2023 profit warning issued after the Q3 RNS, was there?

Until tomorrow, cheers, Paul :)