RE: First Aston Martin Helicopter delivered in Philippines11 Mar 2022 11:57
Tiny, it's not difficult to understand.
I can't prove it has happened and you can't prove it hasn't, get over it.
I am not lying, unlike others on here who's immaculate source told us all they would be delivered in Q3 as promised.
There are still huge problems with the Valkyrie and that matters, for the balance sheet and the AML image.
If problems can't be solved, people will demand their deposit back, and AML will need to fundraise as the cash balance will evaporate and they will be unable to pay the interest bill (insolvent).
I couldn't care less what you think, you have consistently belittled everything I say, even although I have been correct and called it all with fairly decent precision.
What have you been right about?
This will be a loss making company for the next 2 years and nothing you say on here will change that.
They might make a slight profit (we're talking £10 or £20 million) in 2024/25, but there is a lot can happen between now and then.
Who would invest in a company who might make a £20m profit 3 years from now with soaring debts and interest. And that's only if they hit their target of 10,000 cars. Any slip will mean no profit.
So where is the shareholder equity potential?
A £1bn company with £1,3bn gross debt making £20m profit in 2025 with record sales of 10,000 cars.
Right now the capital they raised from the bonds is paying the interest on the bonds. Actually it's worse than that. That money has already gone and the only thing keeping AML afloat is the deposits.
Hence why the SP is 1/3 of what it was a matter of months ago.
The market agrees with me, not you.