Member Info for c2645sg

Oh, you're there Richard.
Where was that link to new GT/sports cars in H1 2023?

2 Valkyries for sale already, ooopsy.

https://www.pistonheads.com/gassing/topic.asp?h=0&f=70&t=1997853

Q3 again will be another car crash.
How many people are going to buy an Aston when they are trying to raise funds to avoid insolvency?
US sales are down 43%, the above reason will be a large part of that.

@badflaw, what's your guess for the RI price?
And what does the SP/market cap need to be to avoid demotion from the FTSE 250/350 in September?

https://edge.media-server.com/mmc/p/8sqgxcvi

https://karenable.com/turtle-soup-aston-martin-1st-half-2022-results/

It deserves it's own thread.

...and if you think I am being harsh calling him a fool, then maybe his psychological projection below adds some context.

chat
Posted in: AML
Posts: 73
Price: 669.20

RE: Stroll22 May 2022 14:50
I think the conclusion is near that for somebody posting thousands of messages on this board, exclusively AML messages day in, day out, that he
a) got no 'regular' job any more
b) was desperate to get a job at AML and thought he was the foremost candidate, but was denied for what he makes Stroll responsible, personally.

As a society we got to embrace all those who got traumatic experience, burn-out or other psychological disorder and also forgive their uncultivated communication style. That doesn't mean though I'm going to engage in a dialogue.

Another economically challenged fool shown up for what he is....
'Chat' try to ridicule me for saying the cash burn would be £225m , and it turns out AML burned £254m in 6 months, hah.
Birds droppings indeed.

chat
Posted in: AML
Posts: 73
Price: 694.40

RE: The Valhalla is almost here.06 Jun 2022 17:34
Anyone who's throwing negative numbers on this board more than birds their dropping such as example "cash burn £225m this year AT LEAST" is entirely unqualified unless the car sales forecast is provided to be commensurate with the cash burn and the exact REASONS WHY the sales are going to be lower.

"how could he otherwise post a link on this board that cannot be seen"

...erm, the direct link is on SSO's twitter feed, you fool.
Don't forget your tin hat.

"may actually be correct retrospectively"
You'll never admit he was correct all along.

https://www.forbes.com/sites/neilwinton/2022/08/01/as-aston-martin-triples-loss-survival-might-require-a-takeover/?sh=672d94d529f6

“After all, half of this new money is going to be squandered on paying down debts, which currently sit at an eye-watering £1.27 billion ($1.54 billion) - a figure that has worryingly risen by 40% so far this year. Whilst the debt position can be in part explained away with £80 million ($97 million) tied up in supply chain delays, £134 million on revaluation of its dollar denominated debts, and £46 million servicing the company overdraft; it is unfortunate that just £138 million was available for new model development. And with just 2,676 cars sold so far this year, against a planned 6,600 full year position, there is so much to do and it’s all going to cost a lot of money,” Tennant said.

He said Aston Martin’s cash burn is increasing at an alarming rate, causing the cash balance to dwindle 60% to £156 million.

“With an expensive transition to electric cars a priority now, I seriously question whether Aston Martin will be able to fund this from its own earnings, even with technology input from Mercedes Benz and electric car manufacturers such as Lucid and Rimac,” he said.

https://karenable.com/turtle-soup-aston-martin-1st-half-2022-results/

AMR are getting paid to fix the Valkyries, so much for the two companies being 'one'.
We'll see more of this when AMR sell their F1 Intellectual property to AML too.

Integrated when it suits Stroll, segregated when it suits him.

AML shareholders getting taken for idiots, and not one person questioning it.

Anyone can say the order book is full.
The factories can produce 14,000 cars per year, how can 1,500 sports/gt cars be a full order book?
It's vacuous hyperbole.

Do you trust someone who says:

Fully funded in Feb only to announce raising double the market cap (£575m) in July when they have burned through £255m in 3 months?

Or say Moers is never being replaced and he's the best man for the job, then sacking him 2 months later.

Or saying numbers are gangbusters in China only to be level with before.

Or saying Valkyriey delivers are 100% assured to start in September as it was only a £6 part, when the first 'customer' got one in January with only 1/3 of the modes working, creating a profits warning in the process.

DD my foot.. Noah makes absoiutely no sense, probably another one of Stille's (Shill) alter ego who fakes poor english to talk absolute gibberish, thinking they are getting away with it.
Apart from that, all good.

Looks like Lucid are turning into a great investment for PIF...

Tesla rival Lucid Motors halved its 2022 production target on Wednesday, citing “extraordinary supply chain” challenges as it tries to ramp up production and meet “strong demand”.

The California-based group, backed by Saudi Arabia’s sovereign wealth fund, said 2022 production is now estimated between 6,000 and 7,000 cars, down from an earlier projection of 12,000 to 14,000, which was a cut from a start-of-year forecast of 20,000 vehicles.

Shares of the electric carmaker were already down 50 per cent this year, reflecting numerous challenges in scaling up production of its Lucid Air — a luxury electric vehicle that starts at $89,000 and was named MotorTrend’s Car of the Year for 2022. Shares fell an additional 12 per cent after-hours on Wednesday.

AML have burned through £700m in cash since Stroll took over, cretinuous statement.

It clearly states this in the RNS:

The Company expects to separately publish a circular (the "Circular") in mid-August, which will contain notice of the General Meeting of the Company (the "General Meeting") required in connection with the Capital Raise, which it is expected will take place in early September and at which the Company will seek approval from its shareholders. It is expected that a prospectus, (the "Prospectus") containing further information on the Capital Raise will also be published in early September and in any event before the General Meeting and that completion of the Capital Raise will take place by the end of September.

The SP is holding steady, and the RI will be based on the average SP, imho.

It's weird how the SP is floating around the £4.90 mark, as that makes the market cap the exact same amount as the money needing raises, £575m.
Therefore double the number of shares, rights issue price of £2.45 and TERP of £3.31.

Thoughts?

Richard.... Where did Moers new cars in H1 2023?
A simple link will suffice.... by anyone.

Or is it more lies like below:

Richard365054
Posted in: AML
Posts: 1,355
Price: 1,887.00
No Opinion
Valkyrie18 Jun 2021 18:04
I noticed there were some comments referring to Valkyrie and delivery dates yesterday. I think I've mentioned I filtered long ago one or two of the reactive posters on here - utter waste of space and they remain forever filtered. From an impeccable source and to set the record straight, Valkyrie deliveries are expected to commence in Q3 with majority in Q4 as per weighting of profit guidance for the year. So effectively as previously stated.

Son_of_Swiss
Posted in: AML
Posts: 116
Price: 493.40

RE: Rights Issue and Retail22 Jul 2022 12:08
C3pO,
FFS calm down or you’ll run out of tissues before the weekend!!
XXX

Son_of_Swiss
Posted in: AML
Posts: 116
Price: 478.80

RE: Required reading, H1 results tomorrow28 Jul 2022 09:15

C3456sg, can you just confirm to the board how much you get paid to post? I’m sure I’m not the only one who would love to know.
X