The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
As l predicted analysis have confirmed investment in products which harm the planet and cause climate change are out of favour.
Investment managers are advising to avoid manufacturers of high carbon products.
This was always on the horizon.
I note two more sponsorships have departed from AM F1
As advised on this platform l stated Vettel would leave AM F1 this season.
He is to be an adviser at Alpine F1.
The current product range as produced by AML is in trouble from many forecasts.
The opposition are way ahead in technology terms with fully electric vehicles.
I can see major legal challenges to the Saudi Arabia investment and very high interest rates with the US in recession in all but name.
Legally the Saudi investment is still being advised.
The stock is worth 340
Good morning investment people from here in Oslo.
If you check my Silverstone updates whilst l was attending the British GP you will note l stated a chunk of AML stock was being offered at 340.
The seller clearly had data the 340 figure was being offered by the AML board for new investment. My posts on here were 5p out which is acceptable to my client base .
Those who were critical of my factual information take note.
Today as expected several Human Rights groups have already sought legal counsel opinion against the board of AML PLC.
LSE/PLC investment rules are clear. No investment should be gained from any financial vehicle or fund based or operated or controlled by a state which breaches UN Human Rights.
Saudi Arabia do breach Human Rights and execute political opponents. Fact.
Several other LSE/PLC listed companies were again warned in February 2022 about investment from Saudi Arabia and Qatar controlled financial investment vehicles.
I note overnight information has confirmed Counsel at various City of London Chambers including Matrix are indeed advising Human Rights groups in relation to the announcement of AML investment.
I recall the purchase of Costa from Whitbread PLC by Coca Cola of which l was involved.
A rival offer for Costa was 24% higher from a Saudi Arabia controlled financial vehicle. Counsel advised Whitbread to decline.
I am fully aware the board of AML had to make an urgent decision as administration was razor close. The reports of another £1.2 billion offer would not have materialised as there were so many conditions involved.
However in desperation the AML board in the opinion of many in the City of London has taken a decision which has breached Human Rights investment rules.
I agree with press and trader comments, Stroll is just another barrow boy like Green from the former Arcadia.
Both make unqualified knee jerk and do not give a stuff decisions.
I am informed the board of AML were legally advised on Monday against the investment from the Saudi Arabia controlled financial investment vehicle.
If a formal legal challenge is listed the company has a major problem as all stock can be dissolved or suspended.
I agree with the LSE/PLC Human Rights investment regulations.
Investment gained from those who clearly breach UN Human Rights rules must cease or a very dangerous door will open.
My view is to expect legal challenges from Human Rights groups who are very well funded.
In other news which was doing the rounds at Silverstone.
Comcast NBC and Comcast Sky News and others have exposed racial discrimination by management and others at AM F1.
Some Human Rights groups have now demanded AM F1 to be thrown out of this years competition.
Lewis Hamilton is a clear voice against the AM F1 activity .
Watch this space.
If l held AML stock would l sell , yes l would.
The fine details of this funding are appearing
What an absolute failure of management and business sense
The current stockholders have suffered abandonment again
This is a bad day for the brand
When you have been in the City a very long time information and data circulation is evident to those who make decisions.
The increased costs of transportation is widely known in the business press and those like myself who hold stock in insurance groups.
Administration looks a strong possibility.
That will be the seventh or eighth time.
I am losing count
At our early morning meeting a few moments were directed at AML.
The company has now run out of cash and increased debt.
One item listed by a forensic actuary representing a former stock holder claims false management statements.
Serious stuff.
In addition the costs of new vehicle transportation has risen 700% since January 2022.
Some global specialist vehicle movement groups have entered administration therefore any contractual agreements have been extinguished.
Sell sell sell
You know it makes sense
This is my own personal opinion.
I feel Stroll should do a Johnson and resign
I do not believe a word either ever said.
I wish AML had a 1922 committee
Perhaps a 007 committee
I agree with you
Still when l list the reasons for a strong sell all l receive are men attacking me with utter nonsense.
The company is in dire trouble and has no cash in bank.
Debt is increasing and Stroll is similar to Johnson in his statements.
AM F1 had the same weather prediction equipment as all others. So those on here who claim it was tyre choice proves my point of maladministration and systematic incompetence. It both Williams cars are ahead of you there is a problem. TF1 sports have described the AM F1 team in self destruct mode.
I am a woman an not technically minded but l could have advised them what to do. Go home.
AM F1 had major problems with the car and nothing to do with tyre choice. DNF DHL Stroll was so upset his dolly was thrown from his pram according to a Channel 4 female presenter.
Whitmarsh is not the best decision maker to have around. Ask Uncle Ron Dennis and Bernard Ecclestone.
The AM car is not performing well and has gone into reverse gear. If others drop out in the race it will give AM F1 a chance. 18 to drop out to be precise.
I noted another sponsorship name has disappeared from the car today.
In other news we had a major incident near the big wheel on Friday. Two men remain in hospital and four in custody.
Last night when taking ****tails in a sponsorship suite five ladies had a serious cat fight. All were ejected from the track.
Many here are wearing the BBC Munchetty ' Sod Climate Change'. 'Buy an Aston Martin Lagonda' t- shirts sold at Glasgow COP-26.
Apparently the BBC Breakfast presenter was paid £159k for endorsement and promotional videos for AML.
AM F1 cars sounded and performed like an old Force India donkey.
Sorry they are an old Force India donkey.
The words of an CNN journalist based in the UK.
Back to AML PLC
Three investment vehicles have already walked away according to intelligence here at the track merchant banks suites.
None wish to be associated with Stroll Snr or the current board.
The noise surrounding administration is strong.
Ridge Forensic Actuaries Luxembourg who normally get things right are advising a strong sell.
1.22 billion of debt and little cash left in the bank is the elephant in the room.
To service such is difficult with a string of bad news stories to come from central banks and inflation to reach Norman Lamont levels.
Clearly China are now very anti UK products now the UK Government is highly critical over HK.
One last important matter. The dumpster of stock are the Vulture Vehicles. They are in circulation and smell blood.
On the track DNF Stroll is last with Vettel third from last.
When both Williams and a Hass have you in their rear view mirrors you have a bad car.
The car is awful to hear and see.
Here at Silverstone the news and rumours about AML are in overdrive.
Breakfast business meetings l was invited to at the merchant banks suites all have the same opinion.
The company is desperate for liquidity.
Saudi and others are sniffing around the stock.
The decision is when to buy. Now or wait for administration.
A significant stock holder is trying to shift a chunk of stock at 350.
No takers.
Some feel the AML board are not being totally honest.
The separate F1 team are all worried as it is losing money faster than a Polish holiday let company. Vettel is going to Alpine F1 according to the word in the sponsorship enclosures. AM F1 engineers and staff a few minutes ago were playing the Status Quo song Down Down. Haha
There is a rumour of AML administration if none of the investors bring much needed liquidity to the table. None want Stroll and the new CEO around.
Any company with 1.4 billion debt has problems with the bleak global future.
NB.
Bernie is the talk of the track.
Keep you updated
Just arrived at the track from the city
Luncheon with Merchant Banks is hard work
Very sobering mood at the AML garage and sponsorship suite
A driver with another team was suggesting that AML might not make the next race
Five team members have departed AML today.
Others worried about their pay.
One potential investor does not want Stroll on the same planet which l totally agree.
The Investor does not want the DBX or the F1 team.
The Investor feels the company needs £400 million.
The Investor is correct on returning AML into a sport's car manufacturer only.
Stroll should disappear quickly
The company is in a terrible mess
If a suggested £200 million input is found the current stock is worthless
Administration would be easier and in traditional Aston Martin history start again
If you have viewed CNBC Europe yesterday and held AML stock l am sure a call was made to your broker to sell
Everything is to do with AML
Very high inflation
Very high global interest rates
A debt mountain which is out of control
Fire sale cometh
Far to much debt and strings to the debt
You can sell as many cars as you can manufacture but if you cannot service the debt you are dead in the water.
Interest rates will rocket as we enter a global recession.
Staffing & material costs are set to increase by 48%.
Retail is going to be very difficult in the next five years according to Experian Nottingham and several merchant banks.
The shorts are active here this morning. Then comes the sell off.
Sadly the main problem is gaining pace with several lenders increasing commercial rates in anticipation of higher retail interest rates and increasing political instability.
It is clear the West are split on Ukraine and no deal is on for talks
I have seen so much bad news waiting to pounce
Strong sell is a personal stance which l have maintained.
Not wrong with that opinion