RE: Bumper sale at Ford12 May 2022 07:57
Laughable. Zero chance.
Nor would it save AML even if they could.
Putin and Xi know exactly what they are doing: Ruining the west with inflation, recession etc.
You know it's bad when everything is dropping at the same time, equities, bonds, gold, crypto. House prices next....
QE has led to everything being overvalued, and there are no real safe havens.
Non western countries are now turning the screw and forcing western Central Banks to raise rates.
The fallout from this will be huge, like I said. Even Buffet was too quick to buy into this, imho.
The terrible thing for AML is needing credit in an environment where it's nearly impossible to obtain it, resulting in bankruptcy. No funds and unable to pay upwards of £195m per year means the company is not solvent.
Sliding sales because of Chinese lockdowns and ballooning debt means no-one will lend to AML.
How is Stroll going to pay for Merc deal in early 2023?
How is he going to raise cash this/next year when liquidity has dried up and no-one wants to lend to a basket case? I told you all 10.5%-15% will not fly for a super risky asset when inflation is 10%. Especially when they talk of R&D in Italy and the bonds are backed by Gaydon building as security.
How is Stroll going to start paying off the debt in 2023 like he promised?
All BS.
Stroll will see himself right and screw everyone else.
The writing is on the wall.