Member Info for AML_007

@livestock – We appear to be talking at cross purposes here?

You posted the link to an article that talked about the loss of prize money.

And the title of your post is literally “Lance Stroll is costing his father millions…”

F1 has a long tradition of drivers bringing money into a team to get a seat, this is nothing new.

And given the positive impact AMF1 has on AML, you could argue Lance is good for AML! ;-)

Cheers, Paul. :)

@livestock – Reporters comparing Lance’s results to alternative drivers are missing the point.

As the road taken by Stroll Sr was:

- Buy Force India F1 to secure a drive for his son.

- Rename it Racing Point.

- Buy AML.

- Rename the racing team AMF1.

Compared to the costs of the above, do you think Stroll Sr is really worried about F1 prize money?

Cheers, Paul. :)

@Fairy1 - My message from AJ Bell had a 18:30 deadline.

This has turned into a 'bit of a day' for me, but I explain in full over the weekend.

(Lot of 'stuff' going on at the moment.)

Good luck all, Paul. :)

@NoahsArk - Today's RNS for Q2/H1 confirm all 110 units are sold out.

Have a good day, cheers, Paul. :)

From 71.1m shares in the 2022 Annual Accounts (P148).

To 73.2m shares in today’s RNS.

As the overall number of AML shares has increased, their % holding has dropped.

(From 10.18% to 9.96%, so still around the 10% mark.)

Have a good weekend, cheers, Paul. :)

More ups and downs, but a new AML MC high for the Stroll era was reached this week (briefly).

Ignoring the AML IPO, which had nothing to do with Stroll & Co, here are some rough numbers…

23/12/19* – 228m shares @ £5.206 SP = Market Cap of £1.2bn (Pre-Jan.20 Stroll take over)

Feb.21 – 114.9m shares @ £22 SP = £2.528bn MC (Previous high point)

Nov.22 – 698.7m shares @ £0.89 SP = £0.6bn MC (Recent low point)

03/07/23 – 728.1m shares @ £3.64 SP = £2.650bn MC

04/07/23 – 731.7m shares @ £3.60 SP = £2.634bn MC

* Note – Can’t find an ‘unadjusted’ AML SP for closer to the Stroll take over, but found this:

https://www.ii.co.uk/analysis-commentary/ftse-250-stocks-winners-and-losers-2019-ii510025

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Which seemed like a good excuse to bank some profit selling in the £3.50s (I missed the £3.60s).

I still have a number of AML shares up my sleeve for the future and let’s see what happens.

Have a good weekend, cheers, Paul. :)

PS

Looking forward to the British Grand Prix, where it looks like the weather will be a factor.

Also, I know it was cheesy, but I liked the driving the F1 car through the AMF1 factory video.

As Murray might say, AML is GO! GO! GO!

With all the big 'Auto' players in agreement (Merc, Geely & PIF via Lucid).

Could be a very interesting week (DYOR).

Cheers, Paul. :)

@NoahsArk - This was the article @Daviddavid posted a while back.

https://www.autocar.co.uk/car-news/new-cars/aston-martin-showcase-electric-car-plans-27-june

Guess we will know for sure tomorrow.

Cheers, Paul. :)

@NoahsArk – AKO’s remaining 1.01% = 7.35m shares!

AML post-RI = 698.7m + Geely’s 28.3m + Staff share scheme 1m = Total of 728,074,580.

It will be interesting to see how both the stock market and AKO react to the news on 27/06/23.

Cheers, Paul. :)

@Doyezee – Here are some comparisons for you:

Feb.21 – 114.9m shares @ £22 SP = £2.5bn MC

Nov.22 – 698.7m shares @ £0.89 SP = £0.6bn MC

Jun.23 – 728.0m shares @ £3.10 SP = £2.2bn MC

The previous Feb.21 high will be match with an SP of £3.47.

Cheers, Paul. :)

@Son_of_Swiss – Looks like it might be £10m worth of shares changing hands in two batches.

(As the 'unknowns' could be an agreed matching buy and sell - DYOR.)

Although I’m not sure why they were listed 'after hours' but showing 10am & 11am times?

Perhaps a future RNS will cover this?

- - - - - - - - - -

I also liked the Roberto Fedeli interview you posted the link to on another thread.

Cheers, Paul. :)

@Daviddavid - Thanks for the link.

This line was interesting:

"This new platform won't come from any tie-up with Geely"

Which means Geely increased their stake, despite knowing this.

Looking forward to hearing all about this in a few weeks.

Cheers, Paul. :)

@NoahsArk – Interesting point.

Previously, AKO had 1.3% of AML’s total of 698,757,075 shares = 9,083,842 shares.

After adding Geely’s 28.3m + 1m for the staff share scheme = AML total of 728,074,580 shares.

AKO’s previous 9,083,842 short would be 1.25% of the new total of 728m shares.

So, have they closed part of their short, or just reflected it’s lower % of the total?

(Like PIF have a reduced % of AML, but hold the same number of shares.)

@NoahsArk – I no longer read the various @Troll posts, let alone reply to them.

Have a good day, cheers, Paul. :)

Previously, I worked out that 6.48m of Michael de Picciotto’s 6.99m shares had an average of £2.30.

(Based on the RNS statements listed on here.)

So, selling 2.33m shares @ £3.35 gives a ‘profit/return’ of £2.44m/46%.

And they still have 4.66m shares up their sleeve.

Nice.

Most of the automotive press coverage of the DB12 seems very positive.

Lets hope this translates into good orders/sales numbers.

Cheers, Paul. :)

And the Geely investment is "expected to occur later this month".

So, the end of May could be an interesting time for AML. (DYOR)

Cheers, Paul. :)

@Daviddavid – I found the section in the Sep.22 RI paperwork.

Unfortunately, “no later than” doesn’t really help much.

“As at the date of this Prospectus, no further tranches of Consideration Shares have been issued.

The Company is entitled to £146 million of MBAG Technology (the scope of which is to be agreed

by the Company and MBAG by 31 December 2023) in exchange for issuing the remaining

11,714,274 Consideration Shares at the MBAG Entry Price (the Additional Consideration Shares).

All Consideration Shares that have been agreed to be issued to MBAG in connection with the

Strategic Cooperation shall be issued to it by no later than July 2024.”

It would be interesting to know which "certain members" of Yew Tree sold.

Also what "offer" from Geely would be recommended by the AML directors.

Have a good day, cheers, Paul. :)

@Daviddavid - I can't remember without looking it up.

But the requirement for AML shares/cash for technology was pushed back as part of Mercedes' support for the RI.

It will be interesting to see what mix of Mercedes & Geely parts AML ends up with.

Cheers, Paul. :)