Member Info for c2645sg

Can you supply that quote Richard?

"One thing I do know is that nobody is listening to your nonsense so you may as well go and do your public service on another board."

You've just responded to me TWICE, but you you claim no-one is listening to me.
Is this the level of intellect I have to deal with? Slower than a week in jail.

If Vanquish isn't until 2024/25, and DB11 and DBS are very late 2023, then 2023 will be another sizeable loss, albeit moving towards profitability.
Hence why I asked you to show me how 'easily cashflow positive' would be achieved, which you have still failed to do.
Everyone here exaggerates the numbers the same way Stroll does.

He promised Valkyrie in September and it still doesn't work.
He promised no more fundraising and raised another £78m.

So I think I'lll take everything he says with a pinch of salt, thanks.

https://www.autosport.com/national/news/aston-martin-valkyries-public-debut-stoppage-caused-by-5-part/6630482/
“I will confirm, as we promised, we will be delivering cars starting September,” Stroll said in a select media roundtable including Autosport.
“Our first cars will be rolling out at the factory as planned, as I said five months ago that we would be doing. So it’s very much on time.

Carscoffee, yawn.
You can hurl insults as much as you want.
But you're down 21% in 3 trading days, and AML007 is down over 40%.
So let's let the readers decide who they want to listen to, ok?

This year will be another loss of £200m+ and 2023 will be in the region of £20-70m loss.
2024 is. a whole different ball game, new DBS, DB11, Valhalla, Valkyrie, and possible another DBX variant.

You mention Vanquish, but Moers has said 2024/25 for that, I provided a link.

You also mention sports/GT car sales for 2023., but they have no release date. so it might be December 2023, which going by AML timelines that's probably about right. I guess you are hoping they are released early in the year and double the sales.
Hope doesn't mean fact.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/aston-martin-places-5-year-secured-bonds-to-yield-10-5-terms-61035674

Look closely at the details.
No call before Nov 1 2024. TWENTY TWENTY FOUR.

https://www.motorauthority.com/news/1134901_aston-martin-boss-the-v-12-isn-t-going-anywhere-soon-valhalla-in-2024-mid-engine-vanquish-in-2025

Vanquish is 2024/25.

You said "With all the new cars in the pipeline I think it's very easy to see how we will become cash positive next year.".... which I challenged you to prove, you've shown me how they will make a loss in 2022. Great!

You have no idea how much capex it requires to design and construct them, nor do you know their release date.

So try again to show is how easy to see AML being cashflow positive on 2023.

The results were on 24th Feb, when the price was £9.60.
40% drop from there is £576.
Unsure who your broker is ;)

...and just to supply a link to prove it IS a fact, here's the AML bond graph:
https://bondevalue.com/bond-market/Aston-Martin-Capital-Holdings-Ltd-USG05891AH20#graph-yield

Yield has increased 2% since Jan 13th 2022, so much for FIXED INTEREST eh?
Yes TWO PER CENT increase in 6 weeks.
Like I said, the debt payments will balloon.

Indeed, tissue paper will be worth more than share certificates soon.
Better stock up with my commodities profits.

Don't shoot the messenger, blame your buddy Stroll for doing all of this, he's in charge.
The SP now needs to gain 66% to reach Mercedes deal price of £12.46 in less than a year, otherwise they need MORE cash to make up the difference.

The bond prices is dropping like a stone too..... I wonder how many Russians holders there are.

After the oil price spike to $140 in 2008, AML car sales were down 16.7% in 2008 and 30% in 2009.
FACT.
https://carsalesbase.com/europe-aston-martin/

This is the beginning of the end of oil, the move to $150-200/bbl will simply expedite the transition to cleaner energy.
The price of ruining Putin is a global recession.
Sadly, the only solver is demand destruction through very high oil prices, like in 1973 and 2008.

You can imagine what this will do to sales of gas guzzling luxury cars.

From that link you just shared....

"These notes come with a four-year call protection, meaning refinancing the senior debt will come with a penalty."
Like I have said all along, the bond debt cannot be touched until late 2023 and late 2024. FACT. No call options until then.
And even then, it costs a lot of money to refinance it. FACT.
So they will be left until completion in 2024 and 2025 at 10.5% and 15%.

When inflation is running at 10+% this will seem cheap for AML.

Show us your workings for cash positive next year then Carpy, if it's easy to see.
Thanks.

One part missing from the supply chain could halt production on everything.
Look at VW, Porsche et al.

Cash positive in 2023, that's a pipe dream. Imagine the D&A required to design.produce and overhaul of new GT cars, especially when the price of raw materials is rocketing.
It will be late 2023 before we see any refreshes, if not 2024 knowing AML's timing.

That's 2 years to survive lower sales, higher debt and interest payments etc.
No need for anyone to panic, haha, pure desperation. The SP is 1/3 of what it was last year, and lost 40% since Xmas.

The combination of hyperflation and unsustainable debts could literally finish AML.

The Porsche cayenne gt turbo or the Tesla model x will have them both for breakfast and you know it.

Lurkio13 has gone long. ;)