The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
“I was talking about the Goodwood article.”
- What? The article that doesn’t even mention Ferrari once? Yeah, of course you were.
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“And all the limit order let’s all buy chat was tongue in cheek.”
- Really? At least you saying you were an unhappy shareholder was the truth, right?
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“You must have spent hours trailing through my old posts to prove nothing at all, hah.”
- Wrong again. I don’t even need to read your posts to find old quotes that I’ve used before.
But is proving you didn’t call the SP & posted de-ramping Mercedes sell off rumours really nothing?
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Anyway, that is already more than enough from me for today.
Cheers, Paul. :)
@MarkPatrick – What have you made me do?
As curiosity has now finally got the better of me and I’ve unfiltered @c2645sg.
My, oh my, they have been busy, haven’t they?
I’ll post a quick (ish) reply now and maybe post more another day.
Cheers, Paul. :)
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c2645sg – 15/01/24 – Quote: “As if a UK publication who has been flown VIP to Monaco as going to say a Ferrari is better than an Aston”
@c2645sg – Why don’t you actually read the Autocar article, before you simply make stuff up?
For a start, the road test was in the North Pennines in the UK, not Monaco.
So, no one was flown anywhere and Ferrari & Maserati both supplied cars for the test.
By your logic, did Ferrari PR offer to fit winter tyres, so Autocar could rate it third of the three?
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@c2645sg – Funny how you can always find that £15 quote, but can never find these old posts:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&page=2&thread=16EB0448-6072-4769-97F8-D38F96A7BA54
https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&thread=7030ADC9-ED1C-463C-8222-EC9802C5E340
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You also seem to conveniently forget you posted this advice to the LSE Chat in the past.
(For context, your target AML SP of £1.50 = £30 post the 20:1 consolidation that followed.)
c2645sg – 27/10/20 – Quote: “More proof that long term thinking is better than short term. Forget wave theories. Buy a company that has this kind of potential and let it run. I won’t be selling ANY of the considerable amount I have for at least 3 years or anything under £1.50.”
Clearly, you were still sticking to your own “let it run” advice a year later…
[After the AML SP peak you (falsely) claimed to have called.]
c2645sg – 18/11/21 - “I am an unhappy shareholder. The share price has dropped from £23 to £16“
And a month after that, you were actively encouraging LSE Chat members to buy AML shares…
c2645sg – 17/12/21 – Quote: “We should all put limit orders in for £11.25 and £10.75.
Who's game? If enough people did it, we'd pretty much secure that price.”
So, when exactly did you post on the LSE Chat that you had sold your “considerable” AML holding?
@chesil356 – This week’s Autocar (10/01/24) features the DB12.
Which Autocar rates ahead of the Ferrari Roma & Maserati Granturismo Trofeo.
Another DB12 feature here:
https://www.goodwood.com/grr/car-reviews/aston-martin/db12/
Cheers, Paul. :)
Previously, I’ve questioned those who use Business F1 as their source of truth.
And here is yet another example of Business F1 as the source of story:
https://www.bbc.co.uk/sport/formula1/67632663
Before all the F1 teams confirm Business F1 is making stuff up:
https://www.bbc.co.uk/sport/formula1/67654980
Have a good day, cheers, Paul. :)
@TinyPie – The first clue is in the quoted source – “BusinessF1” magazine.
Which, by their own admission, had circulation peak at under 8,000 a month “in the past”.
Including distributed an in-flight freebie, so it is hardly The Economist. < Roll Eyes >
https://businessf1magazine.com/circulation-readership/
“On average, 8,000 copies are printed every month, which has translated in the past to a BPA audited circulation of over 7,000 a month. The circulation is a mixture of prime subscribers, bulk subscribers and geographically circulated copies by way of the hospitality and aviation sectors.”
Anyway, sorry, I'm meant to be doing something else. Cheers, Paul. :)
@EG68 – Thanks for the explanation, although it seems odd to contradict the RNS wording.
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Son_of_Swiss – 14/11/23 - Quote: “You’re getting all hysterical again!!”
@Son_of_Swiss – Let me guess, @Troll is changing the subject to ignore/avoid the evidence that:
- Their claims to have called the AML share price correctly are a lie.
- They posted completely baseless/de-ramping Mercedes sell off speculation.
Next, you’ll tell me @MarkPatrick didn’t get a reply to his “Are you invested here?” question. ;-)
When I have some spare time to waste, I’ll un-filter them, but will leave you to it for now.
Have a good day, cheers, Paul. :-)
@Son_of_Swiss – Unfortunately, a Troll simply ignores the truth and carries on regardless.
Here are just two previous examples of lies/de-ramping being exposed:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=AML&share=Aston-Martin-Lagonda&thread=7030ADC9-ED1C-463C-8222-EC9802C5E340
https://www.lse.co.uk/ShareChat.html?ShareTicker=AML&share=Aston-Martin-Lagonda&thread=16EB0448-6072-4769-97F8-D38F96A7BA54&page=1
I’m sure if I unfiltered the last 12 months I could find more, but not today.
Cheers, Paul. :-)
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Quote - “Refinancing will be paid out of the CR in July/August”
@EG68 – Any chance you could expand on your statement?
As my understanding is that refinancing is not the same as paying debt off.
Obviously, there could be a combination of refinancing and debt clearance via a CR (DYOR).
So there appears to be a contradiction in your post, that I would like to understand.
Thanks, Paul. :-)
TinyPie2 – 08/11/23 - Quote:
"A fulsome refinancing exercise during the first half of 2024" doesn't definitely mean a cash rise.
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@TinyPie2 – I double checked my understanding of the language used in last week’s RNS.
Based on the text book definitions, refinancing is clearly not the same as a cash raise.
https://en.wikipedia.org/wiki/Refinancing
“Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate.“
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There are also two ways of interpreting fulsome these days:
https://grammarist.com/usage/fulsome/
“In recent use, the word often describes things that are full or abundant in good ways”
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Which raises the question of how could AML possibly refinance its debt in a good way?
DYOR, but perhaps by getting improved terms from one of its major shareholders, PIF.
PIF have supported AML via the Lucid deal, backing the last cash raise & the previous RI.
https://en.wikipedia.org/wiki/Public_Investment_Fund
So, it is well within PIF’s gift to support AML via a new loan on better terms than the existing bonds.
(Given PIF have total estimated assets of over £500 billion.)
Obviously, I don’t know what will actually happen, this is pure speculation. Did I mention DYOR?
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@TinyPie2 – I don’t post much on here these days due to Brandolini’s law. < Roll Eyes>
https://en.wikipedia.org/wiki/Brandolini%27s_law
Maybe one day I’ll open some of the green filtered boxes, or, then again, maybe I won’t. ;-)
Cheers, Paul. :-)
@livestock – You’ve switched from reporting Stroll Sr is losing money to staff missing bonuses.
(My reply was based on the first and not the second.)
@selecta – I do get the point and I simply said the reporter was the one missing it.
Honestly, who does not get the deal between the AMF1 team owner and the AMF1 #2 driver?
The simple fact is you will not get one without the other, so why get frustrated by it?
It is very unlikely to change, so file it under “Life is not fair. Who knew?” ;-)
Have a good weekend, Paul. :)
@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. :)
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.
@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. :)