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No hope as the debt will bring the company to its knees.
I have seen it many times.
Professor James Ridge a highly respected forensic actuary stated yesterday. AML PLC needs a new board and an investment which currently does not exist as the automotive manufacturing industry first not know the fuel of the future.
Russia he added will restrict nickel when used in automotive manufacturing to harm those who supplied arms to Ukrainian forces.
Current CEO and Stroll need to take a walk
Desperate times ahead according to Sky Business News and CNBC Europe.
Would anyone invest in a ship with a limpet mine ticking.
Stroll buying Liberty Media is like suggesting Derby County FC are viable and Elvis is working in Gregg's.
The entire AML team is suffering with maladministration. AML F1 has one driver who is leaving asap and the other DNF Stroll who needs to return to a delivery van.
The stock is considered to be overvalued at 400 never mind the current 499.
I really wish the company would ditch the F1 team.
Go green and be a world leader in full electric.
As l said the Aspley Martin Motor Company in Nottingham is building the all new fully electric Bond Bug. This is arriving soon with a game changing range at a incredible price, that is the future.
AML have the engineering background and in-house design to be a world leader and not an oil burning last century motor manufacturing company.
Look at others who did not change.
Debt is the elephant in the room with much higher interest rate rises arriving.
The current CEO was a terrible choice.
I hear others day he was positive at Ferrari.
Aston Martin Lagonda is not Ferrari .
F1 and news update.
I am here in Frankfurt with VAG today.
Long flight back from the Canadian GP.
Again another disastrous race. Stroll 1 point Vettel nil point.
As l previously stated Vettel was very angry about the performance and handling of his car. I witnessed him in the pits.
News today here is Audi Sport have officially stated they have no interest in buying Aston Martin F1 and newspapers are claiming Vettel is speaking to Alpine F1 for next season.
I also see the former Bond Bug is to be manufactured in Aspley Nottingham by a member of the Nottingham Bond family. Great British name in motor vehicles.
The all electric car manufactured by The Aspley Martin Motor Company in Aspley Nottingham will be the old Bond Bug with a converted fork lift truck electric motor which the company already owns.
Apparently it will be sold for under £20k and have a game changing 590 mile range. 0-62 in 3.2 seconds and 118 max mph. Wow. 118mph in a 3 wheeler. They have former Dyson, Toyota and Tesla staff on board.
First colour is Robin Hood green. Hope they offer orange. One is being displayed soon to the press.
I loved my Bond Bug..... driving around Oxford when at University.
Update
Stroll one point
Vettel nil point
After the race another AML F1 engineer departed to Red Bull
Three in one weekend.
I am currently attending the Canadian Grand Prix with clients. Sebastian Vettel is truly trying everything to leave AM F1
He threw his helmet on the floor in the pit lane and in polite language stated the car is dreadful.
DNF Stroll was again crying saying daddy why does my car not win, it cannot be me daddy.
All is not well.
Back to shares. Shorts yesterday were the reason they rose.
Back down on Monday now a Chinese dealer group has terminated the AML franchise according to CNBC and Bloomberg.
RIP Aston Martin
AML is at fault and not just the beginning of a stock market meltdown.
Taking on such high variable rate debt is the elephant in the room.
The current CEO was a bad choice.
Oil burner product manufacturers are out of favour.
Many investment vehicles are refusing to invest in such companies as AML due to carbon issues.
Example.
When AML was placed if you had purchased the same value investment in Tesla.
The difference is mind blowing.
Could start with a 3 before the end of trading
Another bad week for the long suffering AML stock holders
Stroll may have been good in throw away fashion but automobiles are a very different story
As l write the stock is under 5s with some offering low 4s.
My opinion remains as it did last year.
The Titanic F1 team is not helping sentiment with Vettel on his way and DNF Stroll junior looking to return to courier driving.
A race mechanical engineer who departed the Aston Martin F1 team in May 2022 has written the team is in meltdown with a bad car and Stroll junior out of his depth.
As with the rate rise in the US with the UK to follow today and the Yen at disturbing lows any organisation with high debt levels is in serious trouble.
The appointment of the new CEO was concerning to many in the City bars and watering holes yesterday. A little like a Premier League football club manager. What he had success with elsewhere (Ferrari) does not usually follow.
Ask Manchester United fans
I see some question my views on the share price. I have not been wrong in my estimations since the price was 1502.....
Also l disagree with some about the AMG power unit.
I suggest having a vehicle in your range claiming to be the fastest most uneconomical is not a good advert.
Some investment groups now avoid those stocks with poor green credentials.
I am not a motor engineer. However most motor journalists do state the AMG unit in the DBX is a very poor choice.
The stock is like a falling knife.
Avoid in all circumstances.
No real prospect as the debt mountain is the elephant in the room is on a charge
Daimler AG have clearly thrown in the towel.
The AMG power unit is an old donkey that quote - should be in the donkey sanctuary in Dorset - as described by a motor journalist on Comcast Sky News Business.
I have to admit there is a strong view the stock is overpriced at the current price.
Sadly the global economy has changed for at least the next five years. China is on the verge of war against Taiwan.
Russian Federation forces now want all of Ukraine.
USA has lost control of Africa and South America.
Australia has mega problems with China.
UAE and Qatar are all but at war.
Iran is seeking trouble.
Interest rates will exceed seven points in the UK before Christmas.
Countries are against oil burners
The future is not good.
Lance Stroll is a good example.
DNF.
I sold my shares in AML today. Wounded but my investment was sinking faster than the Titanic.
New cars unsold and residuals in near collapse.
F1 team is in termoil.
I attended the Spanish GP as an all area's guest by a bank.
Clearly the team are fighting each other.
Vettel will leave at the end of the season.
Stroll is not a Formula one driver.
Granny Marshall who is a children's crossing supervisor in Bulwell Nottingham would do a better job
Other teams are laughing at the soap opera at Aston Martin F1.