Member Info for c2645sg

It has fallen since it's IPO in 2018!

Shareholders taking up rights are now almost 40% down.
I hoipe lessons have been learned, but I highly doubt it.

"If you invest £1000 now in Aston Martin, what will it be worth in 3 years time from now?

The chances of it surviving 3 years is slim.
Crazy levels of debt and need to increase sales by 50% to meet targets of 10,000 sales per year, which still makes a £100m loss.
CINE, THG, Carnival holders can attest.

https://www.fool.co.uk/2022/10/01/if-id-invested-1000-in-aston-martin-shares-3-years-ago-heres-how-much-id-have-now/

£1000 invested in AML 3 years ago is now worth £33.
Let that sink in.

Good news for whom?

You don't understand?
AML are only paying off 13% of the debt, and the pound has lost 30% of it it's value in a year.
So higher interest payments than before the RI.
Plus all the other debt like bank loans/overdrafts will also be climbing steeply with inflation/interest rate rises.

So Stroll's target of £500m EBITDA, minus £300m D&A minus £300m (MINIMUM) interest payments, equals a LOSS of £100m best case scenario.

So what are you buying in to?
A company who even if they do hit their targets will make a loss.
You are supposed to buy into comanies who make a profit and share the winnnings with shareholders.

Basic investing skills.

I'll ask again, how much are PIF down already with their investment?
Anyone? Anyone? Anyone?
Bueller?

@ghini, they said 'up to half'.
They are probably keeping cash aside for the looming court case with Nebula.
They will also burn through the rest of it easily within 12 months.

It's now a race to the bottom. More people wanting to take this private.

Total bond debt in dollars is $1.516 billion, and AML only paying off $200m, which is 13%.
That's not going to bring interest payments down much, is it?
Especially when the pound has dropped c.30% against the dollar this year.

£400m in cash will last about 12 months, then what?
More cash raising and bond debt to rollover 1 year after that.
Total basket case.

So how much are PIF down on their investment already?

You're proving my theory you are just a gambler, perfectly ;)
Good luck though.

https://www.ft.com/content/7cd57531-1c54-4d32-955c-d185dcea0621

Plus I think there are more important things to be thinking about than whether one person is still invested.
The SP is tanking.

I don't remember it being disclosed. The media were all saying '£ X millions", but if it was post dilution (a few days later) it was way under 3% and not as much as everyone hoped.
Thius link says under 1%
https://www.autoweek.com/racing/formula-1/a32195474/mercedes-f1-team-boss-toto-wolff-buys-into-aston-martin/

then there is this
https://www.planetf1.com/news/toto-wolff-aston-martin-investment-2/

So no RNS required as under 1% after dilution.

Danny aint the only one spitting.
The saudi police force are hardly going to save AM sales though.
Brings new meaning to the phrase: "I'd chop your hand off for one".

In accordance with their obligations under the Underwriting Agreement, the Banks shall use reasonable endeavours to procure, on behalf of the Company, by no later than 5.00 p.m. on 29 September 2022, acquirers for all (or as many as possible) of the remaining 31,737,331 New Shares not validly accepted, failing which the Banks have agreed to acquire, on a several basis, any remaining New Shares.

Good morning!

What are these positives?
I now forecast a depression. Gilt markets are guiding us to 6% interest rates, which will crush the middle classes.
1/3 of mortgaged people are aged 35 to 54.
The average mortgage fix was £863, will now become £1,490 p/month. Energy bills have trtebled.
If you think people will be buying more Aston Martins, or flying more, or spending more money anywhere, well.....

Like I said months ago, people are forgetting that EVERYTHING contracts in a recession/depression, except fear.

The irony is Stroll is trying to appeal to young people, with F1/sportier designs etc.
The only people with money are those over 65 with their mortgages paid off and wanting to upgrade their Porsche 911.
Another howler of a mistake Larry, deserting your core buyers and appealing to the younger generation just as they get smacked in a recession, and priced out of everything.

And if you think rich people will continue being rich and can easily afford ultra luxury, have a look at Bitcoin, equity, bonds, gilts, inflation, interest rates, company profits and think how ANY of them will rise or even break even over the next 2/3 years.

Cash is king, even if it loses you 10% on inflation right now, beats losing 30% on investments. Houses will drop a minimum of 10/15% too.

Toto bought right around a diilution, and the wording was ambiguous.
I dug deep at the time and found no-one really knew exactly when he bought, pre/post dilution, so make of that what you will.
Lots of people bought on that news, hence I would say Stroll up to his usual tricks.
He does everything except run a successful car company....
Consolodations, broken promises, famous holders, comparisons to Ferarri, etc.
The market sees right through it every time, vacuous hyperbole.

Stille is a gambler, another day trader who likes gossip more than fundamentals

Swiss, when is the. new infotaintment getting fitted to the DBX?

So you don't believe the owner of the company but double your holding?

You might as well give your money straigh to the hedge funds who are short, and cut out the middleman.