Member Info for c2645sg

https://www.cnbc.com/2022/07/05/more-parts-of-china-battle-covid-and-threats-of-lockdown-as-cases-spike.html

https://fknol.com/uk/market-cap-ftse-350-index-constituents.php?go=b300

AML are currently sitting in 347th (make that 350th today) spot.
Any firther slide in sp will mean demotion from the FTSE 350 into the FTSE allshare, and some serious selling from funds as a result of this demotion.

Doch.
Is my English that bad? ;)

badflaw, you just made me realise, surely AML is dropping out the FTSE 250 now the market cap is so low? Is it July it gets rejigged?
This must mean funds will be selling due to the forthcoming drop out...

It's utter nonsense drivel because he is invested, down 50% and saying anything to try and make it look like a buy.
Regression model, complete piffle.

The Sp is whgere it is because Stroll is bankrupting the company with terrible decisions. Just like Asprey & Garrard.

falconr
Posted in: AML
Posts: 8
Price: 632.00

RE: Champagne or Cava24 May 2022 15:47
I'm with you, vagobaz... I bought more as well. Let's see where the SP is in 2025.

https://www.boerse-frankfurt.de/bond/usg05891ah20-aston-martin-capital-holdings-ltd-10-5-20-25

www.boerse-frankfurt.de/bond/...pital-holdings-ltd-10-5-20-25 dropped

to all time low today of $86.77.

https://www.eurosport.de/formel-1/aston-martin-otmar-szafnauer-abschied-grund-lawrence-stroll-teambesitzer-zwei-paepste_sto8845088/story.shtml

The pound is also at it's lowest against the doller, so Stroll's decisoin to use doller denominated debt is an awful decision.
Thus means the debt repayments increase when the pounds slides lower aainst the dollar.
Debt interest oayments were £170m, and they were increased to £195m, so you can now expect them to be even higher than £200m.

That;s the reason this company is nearing insolvency.
They lost £111m in Q1 for heaven's sake, Q2 will be even worse, probaby around £160m with the debt repayent interest paid in Q2.

Think about China, sales were down 26% when everything was 'fine' in Q1.
Next up are Q2 results, in which most of China was shut for the whole quarter.
So you can expect worse results in Q2 than Q1.

H2 results will be dreadful and the market knows it.
The rampers all seem to think everything is fine even although the company are desperate for cash to survive.

Who wold buy an Aston Maetin now they are so close to bankruptcy, and new models are 'due in 2023'?

+3% was UK only.
China was shut for 3 months. and sales were down 26% there in Q1.
So anyone who thinks they are going to hit the projections is crazy.

Americas is the biggest market, and this was down 16% in Q1.
APAC was next and was down 26% in Q1.

Therefor you need these marlets to be rising but 30/40% just to hit targets.

The same. Happy days.

EG68, I asked the exact same question you asked.
So why are you here?

What's your puspose here EG68?
To make up stories and convince people the company is doing ok when in fact they need cash to survive?
Incredulous.

So the DBX sales were down 44% in Q1.
Now Stroll says orders are up 60%.
That means 3000 DBX saes becomes 2688.

Profit warning written all over it....

£400m cash left.
Cash burn of £200m this year at least,
A court case which they could lose £150m +
The need to design new cars for 2023 which cost around £200m each.
The interest costs are £195m per year
The need to pay over a hundred million to Merc for tech agreement in early 2023.

Q1 results…..
Total Liabilities are now £2.34 bil., up £236 mil.
Equity down £210 mil. to £554 mil
Cash has dropped by £172 mil. to £404 mil
Debt is up £234m From £723m to 957m
Market cap is £833M, Net debt is 957M

Sports/GT car sales are half what they were in 2019 (pre-pandemic)
DBX sales down 44% from Q1 2021.
Americas sales down 16%
APAC sales down 26% (Ferrari sales were UP in APAC, so no excuses)
The loss before tax was £113m (Q1 2021: £42m)
Wholesales down 14%.
Cash: £404, but £331m of that is customer deposits. Dangerous if people start asking for deposits back as Valkyrie STILL doesn’t work.
Interest expenses up from £171m to £195m per annum
D&A £315-330m.

How can PIF make 10,000 sales if Lord Stroll can't achieve it?
Moronic thinking.
You are the perfect example of someone blinded by confimation bias: You have bought in and can't see the absolute mess AML are in.
You have lost so much you have to believe it will come good.

Who would buy an Aston Martin now they look like going bankrupt?
Q2 numbers will be horiffic, then sales will get worse.

They need to get news of funding out fast, otherwise this is heading to £2/3.

Merc will veto any takeover and pick up the pieves in administration.
Stroll has been rolled over by the big boys and is powerless.

So you made it up.
Your morals are sadly lacking.
The share price does not lie.

Where did you see the post?

"Saudi Arabia's Public Investment Fund (PIF), an arm of the State run by Crown Prince, Muhammed Bin Salman, is said to be in talks to take fresh equity in the business that could be worth $240 billion"

"Could be worth", hahahahha.
Mental, utterly mental.

You expect people to believe you without a link or a source?
Hahaha, pathetic.
I'll happily phone up whomever it was to check.