Member Info for c2645sg

Perez would wipe the floor with Vettel every day of the week.
The only thing the AM F1 team is good for is seeing how atrocious Stroll is at decision making.
Let one of the most talented drivers go and replaced him with a 'has-been'.
I wonder who Stroll will replace Vettel with, someone else that doesn't rinse Lance every weekend.
Stroll is completely biased and won't take the best driver, but one that makes Lance unsackable.

What's your average here Joe?

You need to learn fundamentals *before* you invest.
There is no point gambling, then trying to work out what went wrong after the event.

Markets are still overvalued, I'd say by 20% ish.

It's easy when the Fed support the market, everything goes up.
Now we have a recession, crazy inflation, war, central banks pulling their support etc. you really need to know your stuff.
There is no alternative if you want to make money.

Article was written in February, and you didn;t post the more important point from it....

In the meantime, investors will want some reassurance that Aston Martin has the resources it needs to sustain itself whilst it remains loss-making without the need to tap shareholders for funding again, having conducted several capital raises since going public in 2018 and contributing to the steep fall in its share price since its IPO.

https://www.cityindex.co.uk/market-analysis/where-next-for-the-aston-martin-share-price-ahead-of-2021-earnings/

What are you talking about Joe, 1.4p?

Thanks for reposting Rox.
I think if we go by market cap rather than share price, the lowest it went is around £450m, most of the cash raise/dilution came there (at the old 30p), so that is now the support level.
We're at £712m market cap now, so £4 is the ultimate support, depending what happens in the markts of course.

So dangerous if the markt cap hits £500m and the net debt is double that.
Stroll shoulod have raised funds earlier, which I am sure Ken Gregor was fighting for, now AML is in a whole world of trouble, because the lower the share price goes, the larger the dilution required to raise cash.

Just as well it's Aston and not Talbot eh?
A name like thst could never go bankrupt, eh?
Chortle.

How many people are holding AML shares right now? Only 1 or 2, seriously, have all the rampers given up?

Serious question, who is still holding this share?

What price did you set your stop loss at BTF?

Did your mates tell you there were on 4, (FOUR!!!!) DBX sold in Germany in May?

Next time, tell us when you sell, it will be more believable BTF.

US inflation above concensus again.
Wait til the oil price hit's $1.30, then %1.40..... inflation will contnue if that happens.
$1.50 is when the shizzle really hits the fan..

At least the Fed are hiking rates quickly now, to stop hyperinflation, but happy to casue a recession as that's the better of the two outcomes.
The EU is really screwed, fights in the street within 12 months.

My wait with cash is going to be a lot longer than I first thought.

There has been a huge seller every afternoon for weeks now.
Anotgher 35,000 shares ditched.
I wonder if it's Merc, and the next thing they do is rip up the deal.
Who else would be selling?

Have you woken up TinyPie? That SP has retreated from £23 to £6.
Why do you think it has fallen? Genuine question.

You need a reality check. There will a lot of companies going bust soon.
AML has the worst junk bond debt in EUROPE!
TinyPie2, not even TonyPie1, (what happened, banned again?) will still be claiming everything will be fine when the receivers are visiting Gaydon.

Liking the cars is not the same as liking the investment, a lesson most will learn the hard way.

The dilution makes no difference at all. just chopping the same size cake into bigger slices. Another Stroll plan that never paid off, the market always knows.
He's such a child, 1 for 20 stock split to get back to the £19 IPO price under his watch.
Nearly 3 times the debt.
This is what happens when you make constant losses of £200m + per year.

https://www.ft.com/content/ebdbc1cf-5cfd-42ac-a4fa-1e928eb702ff

Correct, yeah. It took a couple of months though, so happened at a higher share price, maybe 60s or 70s from memory.

consolidation was then announced, 1 for every 20 shares.
If the SP dipped below 30p, it was intraday, it hit 30p because that's what the last shares were placed at in the market for the rights issue.
rom memory it dipped to 28p ish, the very bottom.

From thr FT article around that time:
Net debt is (was) £385m.
"Following an investment by Mr Stroll for a 25 per cent stake in the business, Aston on Monday said it had raised £357m through placing 1.2bn shares in a rights issue, with 2 per cent of investors declining to take up their rights. A placing by the banks early on Monday of the remaining 24m shares led to the final 2 per cent being sold at 58p a share to raise an additional £14m. The new shares were priced at 30p, a fraction of Aston’s float price of £19 in late 2018. Shares fell 5 per cent to 55p by late afternoon trade on Monday.

Total Revenue - Total Expenses ) / Total Revenue

Q1 2022: 232 - 118/232 = 49%

The expenses of 118 will rise significantly because of energy and transport costs tripling.
Also, all commodities are rising fast, so raw materials and other parts will definitely have risen too.

Let’s just say 150m for argument's sake. (25% increase in expenses)

That would mean margin of 36%.
If sales are down at the same time, then it’s even worse than 36%.

Let’s say sales drop 10%

209-150/209 = 28%.

We have a range of 28%-50%.
I know which end I would be betting on..