Member Info for c2645sg

H1 sales are down like I said, profits warning ahead for this year....

As noted above, supply chain and logistics disruptions, including COVID-19 lockdowns in China, impacted wholesale volumes, most notably DBX deliveries in Q2

- H1 wholesale volumes of 2,676

I still don;t think it's enough.
They should have taken the full 1.3bn and written off the debt completely.
All this does is take 500m off the debt and add 150 to cas balance.
Still not enough to design 3 new cars next year, and convert to EVs in a few years.
Stroll is deluded.

Stroll, wtf? You are an utter clown.....
This will not end well. All debt paid off and Chinese input was way better than corrupt saudi money and only half the debt paid.
Tobias and Ken, enjoy your morning coffee, it's too early for popcorn! ;)

Aston Martin said it had rejected a £1.3bn equity investment proposal from Investindustrial Group and Geely International (Hong Kong), known as the Atlas Consortium, as it would have been heavily dilutive for existing shareholders.

First cash raise is small, so Stroll tryting to keep SP above £3, but the second raise is ABOVE rhe market cap value, so expect a huge dilution.
Be careful out there people, this is a HUGE raise, and smacks of desperation.

N chance, they have all changed their IDs and continue to abuse even although they were ALL 100% wrong.
Why 2 dilutions? To muddy the waters and create confusion.
Told you it wold be a huge raise, 300m was never enough.

Apologies accepted.

Which part of what I said in insider info, erntit?

I'll also say, I think AML will raise way more than £300m. Maybe closer to £750m.
No-one else guessing, MarkPatrick, Carpy, Tinypie, Carscoffee, WG, BTFath, Doyezee?

Noah, I am not short, whatever anyone says on here.
Blackrock called this perfectly, but I am sure we'll see a reduction in shorts pretty soon. I'd imagine they'll close out at the ex rights value per share.

I repeat: The SP will drop to the ex rights value per share, whch is dependent on how much they decide to raise.

To take advantage of the rights issue in full, you would need to spend $3 for every Wobble share that you are entitled to purchase under the issue. As you hold 1,000 shares, you can buy up to 300 new shares (three shares for every 10 you already own) at the discounted price of $3 for a total price of $900.

However, while the discount on the newly issued shares is 45%, the market price of Wobble shares will not be $5.50 after the rights issue is complete. The value of each share will be diluted as a result of the increased number of shares issued. To see if the rights issue does, in fact, give a material discount, you need to estimate how much Wobble's share price will be diluted.

In estimating this dilution, remember that you can never know for certain the future value of your expanded shareholding since it can be affected by business and market factors. But the theoretical share price that will result after the rights issue is complete—which is the ex-rights share price—is possible to calculate. This price is found by dividing the total price you will have paid for all your Wobble shares by the total number of shares you will own. This is calculated as follows:

1,000 existing shares at $5.50 $5,500
300 new shares for cash at $3 $900
Value of 1,300 shares $6,400
Ex-rights value per share $4.92 ($6,400.00/1,300 shares)

https://www.investopedia.com/investing/understanding-rights-issues/

How Rights Issues Work
So, how do rights issues work? Let's say you own 1,000 shares in Wobble Telecom, each of which is worth $5.50. The company is in financial trouble and needs to raise cash to cover its debt obligations. Wobble, therefore, announces a rights offering through which it plans to raise $30 million by issuing 10 million shares to existing investors at a price of $3 each. But this issue is a three-for-10 rights issue. In other words, for every 10 shares you hold, Wobble is offering you another three at a deeply discounted price of $3. This price is 45% less than the $5.50 price at which Wobble stock trades.

Noah, AML is worth say £470m right now.
If you need to raise £470m in cash, you have to double the amount of shares, therefore the SP halves.

Noah, I have absolutle no idea what you are on about, you make so little sense, I am sorry.
The dilution has yet to be decided. You can't create X% new shares, and not expect the share price to drop the same percentage.

I'd say PIF have picked up something like 10% of the company now, then will take up their rights in the cash raise and add more at the discounted rate.

For the record: I am saying whatever percentage the dilution is, is more or less what the share price will drop by.

Noah, explain to us how you can dilute holders, say 61%, and the share price doesnt drop by the same amount?

It depends no how much they raise....
Hopefully know before the market opens, my guess is it will definitely be close to £2, which is 10p old money...
Wow.

https://www.telegraph.co.uk/business/2022/07/14/saudi-arabia-gets-board-seat-aston-martin-injects-200m/

PIF are taking £200m of shares, I am guessing the fund that was buying recently were doing so on PIF's behalf.
AML are raising a MINIMUM (maybe substantially more) of £300m via a rights issue.
You're right, we'll find out tomorrow, but if you don't think the shares will drop to reflect a minimum 61% dilution, well....

Limit orders in for £1.50? ;)

https://www.ft.com/content/1ec233e4-02a7-4824-9923-266cbd55fead

£300m rights issue.
That's a hell of a dilution when the market cap is £490m.
61%, ouch.

So much for being full financed, eh Lawrence?