Member Info for AML_007

Did you hear about the dyslexic devil worshiper?

He sold his soul to Santa.

A man walks into a bar and says “Ow!”

It was an iron bar.

Mansion02 - “To understand any business would require the most fundamental evaluation of its past performance, including that of present.”

Mansion02 - “It’s been bust on 7 occasions”

@Mansion02 – OK, I’ll bite…

I believe 4 of the occasions AML went bust were before the start of WWII and 2 were in the 70s.

Can you fill me in on when was the last time the company went bust?

Past performance includes the fact it took AML over 70 years to build it’s first 10,000 cars.

Present performance includes a target to produce 10,000 cars in a single year.

Apologies, but I fail to understand how the current AML era, with two state of the art factories, is comparable to old AML era where people were allowed to smoke on the production line?

Cheers, Paul. :)

@Dunnieboy - Great post. [Thumbs Up]

At 62p, I'm looking at a 14% return on my investment.

For me, the context is interest rates on savings at a faction of 1 percent. :(

Any SP above 62p is icing on the AML cake.

Cheers, Paul. :)

@warleb - Just in case your son changes his mind, or you want to build another one yourself. [Wink]
HobbyCraft has models from both Airfix and other manufacturers, search 'Plastic Model Kits'.
My daughter and I built a WWII Mustang plane kit together when she was small, many years ago.

Anyway, back On Topic...

@warleb - I fear you are right about where the stock market and share prices are heading in the short term.
But I also hope your are right about where AML is going in the longer term, as that is why I invested here.
Like you, I have gone through this with my wife and this is a joint decision to 'See what happens'.

@TinyPie - Clearly your stock market risk taking is nothing compared to your risk taking at home! [Wink]
IMHO it is never too late to tell your wife what you are doing, as I assume your intentions are good.
My wife and I have seen the ISAs we set up for our children drop in line with short term market crashes.
But the ISAs remain a good long term decision, as they are worth much more today than we have put into them.

GLA

Cheers, Paul. :)

Unfortunately, I had to go off line just as the RNS appeared earlier.
Which meant I went from thinking the share price had a good day...
To what the hell has just happened and what does it all mean?

By the time I got back on line there was 10 pages of posts to catch up on. {Shock}

So I just wanted to say thanks to everyone who has taken the time to explain things.
And whilst I'm up a bit later than expected, given I've got an early start in the morning.
It looks like I should sleep soundly in the knowledge that things have got better.

Take care and good night, Paul. :)

@Dunnieboy - Agreed.

I guess my point was the cost of developing a diesel Cayenne would still be a lot less than the cost of developing the Cayenne itself.

The new factories put the AML of today in completely different league to the AML of old.

Cheers, Paul. :)

@Dunnieboy – As you say, the Yahoo! article does miss a few points:
One of Stroll’s first decisions was to clear AM showrooms of unsold stock ASAP, which helps cash flow.
The article talks about borrowing money to develop new models, but the new models are already here.
Both the DBX & Vantage Roadster launched in 2020, with their main development costs are now long gone.
The cost of developing different DBX engine options is not the same as developing a DBX Mark II.
The 1st Generation Porsche Cayenne lasted around 7 years, so no need for a DBX II in 2021/22.
GLA
Paul. :)

@Dunnieboy - No Stroll this evening, but I did re-watched the Channel 4 'How to build an Aston Martin' programme. (DBS)

https://www.channel4.com/programmes/how-to-build/on-demand/70165-002

Which was a great reminder of just how hi-tech the Gaydon factory is and I'm sure St.Athen is the same.

It also covered the personal 'extras' that help make 'your' car special which would appeal to all ages.

Fingers crossed that the AML SP comes good in the end.

Cheers, Paul. :)

@Markschofield – Great story.

I wish both you and your father all the best.

@TinyPie – Thanks for the welcome.

The best thing about that chart is that it puts today’s price in context with the original £19 price.

I’m happy to admit I don’t know enough to predict either:
- The rock bottom price to buy.
- The peak price to sell.

Therefore, my first target for these shares is ‘just’ a reasonable rate of return.

So, if the shares return to the 60p mark, I’ll have made a 10% return in a few months.

Which wouldn’t be a bad start for a ham fisted amateur.

Cheers, Paul. :)

@3300 @soul @DavidHos @RogerMellie – Thanks for the welcome.

I must confess it took me a while to spot ‘Thread View’ on this board. < Rolls Eyes>

Which made trying to follow things on the ‘Message View’ hard work.

Anyway, just a few comments on earlier postings on this board before I get back to work.

@TinyPie – Your reposting of Roxy’s ‘AML MCAP vs Share Price for Newbies’ was very helpful.

@Dunnieboy – I liked your Liverpool FC comparison too.

@JonTaylor – Similarly, your A4 sheet of paper post was also encouraging.

No offense intended, but this comment really did make me smile.

@goingunderground – “Stroll has just shown an immense weakness in favouring his son over a more experienced driver.”

As my interpretation of the exact same events would be…

“Stroll has just shown an immense loyalty to his son by investing a shed load of money to ensure he is never replaced by a more experienced driver.”

< Wink >

@Dunnieboy – This is why I don’t think AML buying Racing Point, and Hamilton joining, is the plan.
Lance Stroll turns 22 next week, so his dad will want to ensure he has an F1 seat for years to come.

But what do I know?

Catch up later, Paul. :)

Hello all,

I found this board after I bought my first batch of AML shares and it does provide interesting reading.

Back in 2018, when AML was floating, I thought it would be ‘cool’ to own some of these shares.
But life got in the way and NOT buying AML shares at £19 turned out to be a good thing in the end.

This year, I’d heard about Stroll’s investment in / rescue of Aston Martin, but not in too much detail.

By chance, I saw AML share price in the 30p range in May and reconsidered the idea of buying some.

My investment ‘strategy’ was nothing more technical than:
- That seemed like a low price and was probably associated with Covid lockdowns.
- My savings might as well be ‘cash under the mattress’ for all the interest they were earning.

Unfortunately, by the time I’d looked into what I needed to do to buy shares...
The AML price was flying high on its way up to the June peak of 80p.

At least this confirmed you could make a great return if you knew what you were doing.

So, I didn’t think any more about this, until I saw the price was back in the 40s in July.
But this time, I actually got my act together and finally set up an “X-O” account for trading.
Of course, by now, the AML price was now heading up to the 73p peak in early August.
Which meant I thought I’d missed the boat for the second time running. < Roll Eyes >

In the end, I bought some AML shares in August and some more in September.
(Total = 10,000 shares @ Average price of 58.6p)

At which point, the decent to ‘any number you like, as long as it is near 50p’ began. :(

However, this is where this board has provided some reassurance (to me at least).
Rather than panic, or sell at a loss, I’ve held my nerve and increased my AML holding instead.
Various 49p/50p Top Ups in September and October, plus one 48p Top Up this morning.

Giving me a final position of 20,000 AML shares @ Average price of 54.3p.

Anyway, I think that is more that enough for a first post.

Cheers, Paul. :)