Member Info for c2645sg

Huge sells totalling 200k at the end of today, let's hope the results haven't leaked.

@Ghini.
There is no point discussing anything with this fool (with many multi IDs)
They have been proven wrong so many times, but still they defend the indefensible.
I showed them up for what they are all they way down from £23 and still they think they are correct.
I bet they aint even invested anymore, they just come here for giggles and are best filtered. They bring nothing of any value.

Great minds discuss ideas; average minds discuss events; small minds discuss people.

This was your first post on this LSE BB, at £15.
When are you going to admit I was correct all the way down to £1?

MarkPatrick
Posted in: AML
Posts: 102
Price: 1,500.00

RE: Director purchases29 Nov 2021 16:37
C26. You are an arrogant and smug individual who is much less impressive than at first sight.

Lose the court case to Nebula, spunking another needless £200m, small amount of cash left, recession, sales dip 10% instead of rising 50% to meet targets, another cash raise in 12 months time.

So no figures then. Just guesswork, cool.
The brand was down at 400m market cap before the RI.

You still haven't answered my question, how is it cheap?
With figures please.
People were saying the same thing at £15/16/17, like AML007. They look utterly ridiculous now.

Scarfell: $how us your calculations for how this is cheap?
It's got $1.3 BILLION in debt and hundreds of millions in unpaid invoices/loans.

EG68. If Stroll sells privately, you think he is going to ask them to pay 3.5 as miuch as the price right now? Haha.

The SP has lost 92% of it's value since Stroll took over.
Same as Asprey and Garrard, unsustainable mess of Stroll's making, he will bail, with his insurance policy being the F1 team.
Free ride for son Lance (all sociopaths call their son the same name) and sell F1 team at a profit. (F1 team has use of AM name until 2031!!! regardless of owners)
He's extracted all the wealth out of shareholders in AML.L, losing a couple hundred million more than makes up for the hundreds of millions he raised on the back of the Aston name, less all the cash he would have spent for Lance as a paid driver.

Equity holders here are bag carriers.
All you are doing is paying Stroll money directly, might as well start up a direct debit to Switzerland.

On the first of these, AML is retiring $40.2 mil. in Senior Secured Notes and $143.8 mil. Second Lien Notes. When converted to GBP this equates to £185 mil. or 28% of the £653 mil. raised. It’s a far cry from half and only reduces Gross Debt from £1.36 bil. to around £1.18 bil. While this will reduce the semiannual interest payments slightly, its nowhere near the level of reduction needed to get to a longer term cash flow positive position based on current sales levels. The answer to why they are not using more of the cash to reduce debt is in the second of the statements, AML clearly needs more of the funds to provide a “liquidity cushion”. In the 1st half of 2022, Aston Martin proceeded to burn through £248 mil. of cash and blow up their payables by £122 mil. After paying off the £185 mil. in notes, this would leave £468 mil. of the £653 mil. just raised. Taking the £156 mil. in cash on hand at the end of June, add in the £468 mil. remaining of from the recent raise gives you a total of £624 mil. Looking at the 1st half run rates on cash and payables, the reason more debt wasn’t paid off is AML will likely need most, if not all, of the £624 mil. just to keep the lights on for the next 12-18 months. I’m not sure what type of equity raise comes after “transformational”, but I guess we will find out around this time next year.

£536 million raise in March 2020, which Stroll stated “gives the necessary stability to reset the business for its long-term future”
£152 million in June 2020 “to provide the Company with the required additional flexibility”
£125 million in Oct 2020 “to strengthen the balance sheet, extend our debt maturity and improve liquidity”
And most recently the £653 million “transformational raise”.
The four raises total up to of £1.46 billion. As a reference point on how these four raises have transformed the business in the eyes of the investment community, as of Oct 11, Aston Martin’s market cap was £650 million. This is slightly less than the £653 million AML just extracted from its long-suffering shareholders. In terms of Stroll’s comments about “significant shareholder value creation”, AML’s stock price has declined by 92% during Stroll’s tenure as Chairman. As a reference point on how Stroll has personally done on the AML investment, Yew Tree (the Stroll lead consortium) has invested approximately £425 million for its current 19% stake in AML. Yew Trees stake has a current market value of £123 million.

https://karenable.com/aston-martins-2022-equity-raise/

PIF bought shares at £3.35 and £1.03, this was supposed to be a discount. They are sitting on a huge loss already.
TERP was £1.79 and now we are almost half that.

It's what rampers do, make it look like Strolll has paid millions for more shares, when it was the RI money.
Share price has tanked 50% since then too, but they don;t like to mention that.
A disaster all round, same again in about 12 months time.

Court case in London next though....

I don't wish it at all.
Blme Stroll, not me.

4.5p, wow. Priced for it's 8th bankruptcy now.

https://www.investorschronicle.co.uk/ideas/2022/09/08/ideas-farm-aston-martin-s-second-lap/

Now we know why AML only paid off $200m of the debt. They need the rest to pay supliers and keep some back for the court case with Nebula.
Debt reduced from $1.5bn to $1.3bn, and cash down to amost zero within 6 months.

Apologioes, it did hit 115p intraday.

Liar.
Since 3rd October the price has slid every single day. Not once did it go above even 110p.

Just as well no-one listens to you eh?

Bridgedogg1
Posted in: AML
Posts: 4,792
Price: 109.50
No Opinion

RE: Topping up03 Oct 2022 13:23
Looks like it could be the bottom but wtfdik