AML = Advanced Money Loser?27 Feb 2025 03:49
Wow. 5% layoffs, low guidance, debts more than market cap? Hopes pinned on Valhalla now (it was DBX before)? I’m an ex investor, bought in during May 2020, sold over 12,500 shares in 2023 for around 370-380s all in the name of profit. Poured that money into AMD and later Nvidia. Safe to say, I’m grateful I saw sense back then.
Haven’t been here a while, but not much has changed. C26 (who is the perfect definition of a broken clock) and Paul still going back and forth, some poster who can’t write comprehensible English, the share price continues to find new lows. People still coming here (and ADFVN; whatever it’s called) looking for scraps of optimism. Popcorn is still available, for free.
I really feel for the retail investors, because no LTH here can be in profit, AML must stand for Advanced Money Loser at this rate.
I gave AML 5 years back when Stroll took over. But after 3 it was clear this guy had the wrong plan. Now he’s nowhere to be seen. No big interviews talking about cash flow or EBITDA or share price expectations. Everything Stroll told us back in 2020 up to 2023 was just hot air. It’s clear the electrification plan has failed; it was meant to spur order book demand. He said back in 2021 AML was financed ‘forever’ and wouldn’t need more money from investors in future. Lies as big as the man himself. I can’t even count how many cash raises there’s been since then.
This company was meant to emulate Ferrari. Since Feb 2020 AML has dropped 99% in share price value, while Ferrari has grown over 200%. And just look at Rolls Royce, LVMH etc. This is not a luxury market problem. This is an AML problem.
Let’s not delude ourselves. AML wasn’t a good investment in 2018, and it’s not a good investment now. Anyone ‘investing’ in AML for the long or short term is either taking a gamble or, making a donation.