Member Info for c2645sg

What do you mean? Be specific...

All shareholders who took up their rights are paying directly for the reduction in debt.
There are more shares about now, so every one of your shares are worth less.

You can start quoting the TERP after the new shares hit the market, not before.
Same old chat at every RI, most people don't seem to understand exactly what's going on.

Monk, please share your workings to show how you get to a value of £7-£10.
Thanks

Results in early May will be diabolical, again.
Loading dealers up in Q4 always leads to the inevitable unwinding in Q1.

AML expects H1 2023 cash flow similar to H1 2022:
That was a loss of £234m.

Cash holdings are £583m as of December 2022.
583 - 234 = 340m cash left in 2 months.

AML had to raise £635m when the cash level dropped to £400m, last November.
So you can see how close a cash call is.

Mike, show us this German law, sounds like absolute nonsense to me.

The unprofitable automaker raised 654 million pounds ($776 million) in September via a rights issue that brought in Saudi Arabia’s Public Investment Fund as a major investor. The funding drive, the automaker’s second since listing in 2018, was partly to pay off existing debt.

Despite this, the UK automaker’s net debt increased to 833 million pounds as of the end of September from 809 million the year before, company figures show.

“Aston Martin Lagonda still screens as a candidate for future recapitalization by the time the business achieves a viable operating structure, possibly 2024,” Philippe Houchois, chief automotive equity analyst at Jefferies, said in an investor note.

https://europe.autonews.com/automakers/aston-martins-revival-depends-partner-or-new-funding-analyst-says

More people agreeing on yet another cash raise soon.

'Hope' is not a strategy.
540's to sell now.
Still a long way to go, supply and demand massively askew.

AML expects H1 2023 cash flow similar to H1 2022:
That was a loss of £234m.

Cash holdings are £583m as of December 2022.
583 - 234 = 340m cash left in 2 months.

AML had to raise £635m when the cash level dropped to £400m, last November.
So you can see how close a cash call is.

Antony Sheriff has resigned, incredible automative experience.has left the building.

In other news....
https://www.ft.com/content/abf6b2ff-6abe-416e-8479-d89216cc5f09

Last month’s banking crisis sparked a sell-off in so-called junk bonds of all stripes. But while higher-quality debt has clawed back its losses, investors have been reluctant to re-enter more speculative bets as they worry that an economic downturn could lead to defaults among the most indebted companies.

By contrast, borrowers with weaker ratings have remained under pressure. An index of triple-C and lower bonds tracked by Ice Data Services currently yields 15.3 per cent — down slightly from a high of 15.6 per cent on March 20, but still well above levels from two months ago.

Burton said she would be “pretty selective” about buying any lower-rated debt. “We’re content to be patient, sit on cash and wait for a better day, or a better issuer frankly that’s higher quality in nature — a company that either has a better capital structure in general with lower leverage or better sustainable cash flows.”

You're the one accusing me of working for someone, and having a brief.
I am merely quoting facts.
If you can name me any recent RI where the SP has not hot the offer price soon after, then please feel free to share it with everyone.

Stille, you're a gambler who lies to suit their own agenda.
I am just pointing this out to others so they know.

Keep on playing the victim card though... No one is attacking you.

Mike,
So your posts are worthy and mine are not? Nice.
This is a huge raise, hence the huge discount. When the crazy amount of new shares hit the market on April 24th, the fun really begins.
The rump is always huge when retail traders are involved.
I'll remind you when it happens, don't worry.

Have you ever taken part in a RI before?

There is no borrowable stock, well not with IG, so it can't be shorted via CFD or spreadbet.

It's sinking because RIs almost always sink to the offer price, which is £4.88 here.
There will always be posters saying they are buying more, to try and entice others in, but it won't work.
Squeeky bum time.

There is no rush to buy people, see how the next 2 weeks pan out.

Look at any recent RIs and you will find share price gets to the offer price, or lower, then springs back up.
So wait for anything under £5.

AML.L was best recent example:
Announced circa £4.40 ish, 4 for 1, offer price £1.04 I think. It hit 89p, then trebled in the 6 months following.

Posted in: AML
Posts: 1,342
Price: 214.20
No Opinion
RE: Dropping like a stone24 Mar 2023 14:03
Thanks C26, thanks very very much
All my cash in no debt stocks :)

I thought you oinly held shares in no debt stocks, Stille?
Gettig shafted again I see, you should have learned your lessons from AML.
Looks like this is heading towards the offer price of 488p.

Folks, be careful who you isten to, this one lies constantly.

Hope everyone is remembering what today's date is:
Last day of the tax year.
Bed and ISA ;)

The share price sure is agreeing with me though.

Anl007z
There should have been a Valkyrie recall, the road cars keep breaking down and now owners are considering lawsuits.

Tell us how long you think aml’s will last before they need another fundraiser.
I reckon it’s closer to 6 months than 12.