Member Info for astonbroomes

C2645sg can't you look into the future like you did with your previous price predictions to the downside and tell us? Where did you say that impending support price was again? ;-)

And companies set targets, companies make promises. Nobody has a crystal ball (apart from you c2645sg, but you need to clean it every now and then) so yes targets can be missed. Lots of companies don't give any specific targets - so you can't please everyone.

And yes I don't believe everything Stroll says, but I do believe in his overall plan. After much pain, we have turned a corner; it's clear. The company is not in imminent danger of going under, there is now a base from which to grow and the products are incoming and better than ever - sounds good to me, Goldman Sachs, Barclays, Jeffries etc.

If it doesn't sound good to you, I suggest you look (and post) elsewhere.

Don’t forget how much money was raised by Geely and the fortunate FX turnaround on US denominated debt. I’m mixed on this RNS. Margins are good but sales were not the 3500 I was expecting to reach 7,000 sold by the end of the year. Just under 3,000 sold in H1 is not great, AML need to push 2000+ cars in Q3 otherwise we’re on track to miss targets.

But debt has come down substantially (finally!) and I’m happy the guidance in leverage expectations is positive.

The higher cap ex is what I kinda expected but they’ve said this will continue into next year and I wonder how much that will drag down the financials towards the backend of the year. Probably why despite what CFO Doug says was “better than expected” H1 results, targets remain unchanged for the remainder of the year.

I’m very mixed. But I suppose no new bad news is good news.

This is lovely, and I think any signs of weakness in the share price will be snapped up now the institutions are coming onboard. I’m very interested by the de-risking comment by Barclays. And very much looking forward to the next presentation from AML! Been holding since Stroll bought in, it’s taken a while to steer the ship, but we are finally, starting to get there.

Research a bit further and you'll see Barclays have raised their price target to 375p based on the capital markets day info, Geely and Lucid deal. It's got absolutely nothing do do with Honda and Stroll's F1 team, that's an entirely separate entity.

https://www.sharecast.com/news/broker-recommendations/barclays-says-aston-martin-has-been-derisked-and-its-potential-validated--14029504.html?fbclid=IwAR2k_IRTXxWOLqk7Tfsofz3tpslOndU0Vxbq4Ze49YnNr1HICEIZvBn0kt0

Kinda reminds me when the Russians came rolling in with their investment money. Buying Chelsea football club, investing vast sums into McLaren & Jaguar Land Rover… we all know how that ended up…

C2645sg don't you research your drivel before you sprout it on here? We deserve better!

Absolutely nothing, the two companies are worlds apart, not even a comparison.

I think you should research the company and understand what you're getting into. Asking questions in a group of AML investors/ watchers is not great research, it's naturally biased here.

AML is still a risky stock, but one which is having another up following the up we had in the backend of 2020-2021. But as we've seen, any bad news and this stock will come tumbling down quite quickly. So I'd say invest only what you are prepared to lose and read, read, read!

I think something is wrong with the LSE share price ticker for AML at least, it’s saying the share price is 348p when it’s actually 331 in T212 app. Would be nice if it was real though!

Yes, I'm in the same boat as you. Now in the green after I averaged down on the rights issue. I'm wondering if this is by the rumour sell the news price action though? What direction we take after the H2 announcement will be interesting.

It’s all a merry go-round isn’t it. Red Bull poaching Merc staff on the engine side. Aston Martin poaching Red Bull staff. The truth is recruitment in F1 is very specialised, I worked with Merc F1 AMG on their recruitment website back in 2015 and it’s a proper process they go through to find new talent. A lot of the time, it’s easier to recruit from within the sport then to find someone from out of it.

Yep, new derivatives - this has been known since last year during the launch of the DBX, when the creative director inadvertently tipped us new models were coming, because the bonnet had ‘enough capacity’ to fit a sportier engine. When pressed further he said he “couldn’t comment” on unannounced or upcoming new models - which short means: ‘new models are coming and I can’t speak about it; or I’ll be fired’.

I feel the share price momentarily jumped on this news already? I’m a bit surprised we’re not breaking the 2,300p ceiling by now though.. surely by this time next year we should be way ahead of current prices. I’m glad we’re no longer seeing crazy fluctuations in the SP like we did when we were in the 40p-80p region; pre consolidation.

I’m a longtime holder from the old 40p days, planning to hold until 2025 when the first electric cars come out (hopefully). Or when the share price hits that £7 in old money, like Stroll mentioned.

https://www.ft.com/content/243b02b8-edae-44e5-8dad-1a6a66bf154f

And the investigation is off! I do think it’s total nonsense to believe Toto had no idea what was going to happen to AML in the 12 months after he bought shares. Anyone who makes that kind of investment would surely do their research. ¯\_(?)_/¯

Looks like there is an investigation into the purchase of Toto’s shares back in April last year:

https://f1i.com/news/415313-wolff-reportedly-under-probe-for-insider-trading.html

To be honest, I wouldn’t be surprised. It seemed too obvious given toto’s connections to Stroll & Tobias.

Zero surprises here.

I’d be surprised if they managed to find the 1 litre of fuel but they seemed determined based on this “new information”

Thing is Vettel was running a different kind of race to what Aston Martin would have expected, chasing down Ocon for 50 laps must have taken more fuel than if they were in the usual midfield position. So I wouldn’t be surprised if they were marginal on fuel towards the end, and they would have known that too, hence why the stopped Vettel on the track, instead of Vettel going all the way around to the pits at the end of the race (as one would normally do).

Not sure if anyone has mentioned, but JP Morgan updated their price target for AML from £15 to £17 on 2nd August. Obviously still below current prices, but at least they see momentum moving towards the upside.

FYI, £24m is significantly less than what they were paying red bull for sponsorship. And in total is a minor fraction of the £300m minimum cost it takes to run an F1 team.

Some team mistakes all around, the pit stop was dreadful and cost Vettel a possible lead. Vettel also came in quite hot and left the pits a bit slow. I also think they could have pitted him a bit sooner for the undercut.

Imagine how angry Lawrence would have been if they’d lost the win through disqualification, that would have hurt even more.

And I think where Aston Martin F1 finish in the champ is inconsequential to AML, the F1 team and the sport car manufacturer are completely separate entities. F1 is purely for AML worldwide exposure on a weekly/ bi-weekly basis.