Member Info for c2645sg

https://www.asktraders.com/analysis/invesco-doubles-stake-in-aston-martin-is-this-the-aml-bottom/

Very few people have noticed Invesco were the big shorters now turned big longers!

Whitemarsh playing a blinder, and Stroll selling his soul to afford the wind tunnel, which I am guessing will have the ARAMCO name all over it. ;)

I'd agree with those realistic figures Richard. The company are said to be looking for 20-25% uplift in DBX sales, so 3750 is the target.
I get the impression the current management were not huge fans of the original DBX, but have now improved it.
I guess 3000 sales was decent with an average first rev of the car.
It'll be interesting to see how many they sell this year.

Yeah, they just doubled their holding.

Haha, class leading SUV with 2 generation old Merc infotainment system?

AML are now working on their own infotainment system, ready for the sports car overhaul in 2023. I wonder how much that is going to cost!

...and the vanquish is now 2025, a year later too.

The Valhalla is now 2024, pushed back from 2023.

Nice to see the new DBX retains the 2 generation old Merc infotainment system.
Stroll claims they will shift 5000 DBXs this year, haha.

Andre, READ THE FT ARTICLE!
"Financing costs hit £133m between August and October this year (2021) because of interest on the debt, much higher than the £79m Aston spent in the same period the previous year."

Again for the record:
Q2 they burned through the £77m they raised.
Q3 the FT is stating they burned through £133m.
Q4 the cash balance reduced from £495 to £420 and AML admitted the cash level was ABOVE EXPECTATIONS!

What happens when you add them all up?

You do realise it's ONLY the bond debt they pay in Q2 and Q4. They have PLENTY other debts
Go and read the RNSs , I am done answering people who do NO HOMEWORK of their own.

I am beginning to think you go short then troll me so I do all your hard work for you.
Filtered.

Cash is £420million. It was at £495million on the 4th November's RNS, so that's £75 million burned in 3 months PLUS whatever deposits they took in. They also raised £77m in Feb 2021, remember that, burned though it in one Q?!
Then Q3, DIRECT FROM THE FT:
https://www.ft.com/content/073862d0-5eae-4646-a35d-634c5d92b672
"Financing costs hit £133m between August and October this year because of interest on the debt, much higher than the £79m Aston spent in the same period the previous year."

About you time you quoted some numbers to refute rather than make me keep posting the RNS quotes to prove you wrong.

There goes Stroll with his Hyperbole again.
So when AML don't hit 5000 sales we are in trouble.
What a fool. Just shut up Lawrence.

The previous management could not care less about the long term consequences, they were selling their shares at the top of the IPO before mugging off all the AML workers who took shares and lost 90% since.

Big ego Stroll then buys in, and realises 2 years later that this contract has been in place, so sues THEM, haha.
Imagine you'd come up with the idea of the Valkyrie, funded it, sold it, then got sued by AML for taking what was rightfully yours in a binding contract.

"HEADING TOWARDS BANKRUPTCY"
Obviously you can't read
AML make no profit, and burned through £200m cash in 6 months.

When they run out of cash, they have no way to pay the £160m per annum debt interest payments, when you can;t pay your dents, what do you think happens?

I'll leave it to the reader to decide if they think I am correct in that this situation would push them closer to bankruptcy...or your argument that it would not.

Andre, can you read?
I'll post it again for you. AML's own words:
You decide what significant is.. How close this would bring them to bankruptcy is subjective, but I'd say the fact the share price has dropped from £23 to £11.50 makes me far more objectively correct than you

Under the agreement, Nebula Project was due to receive royalty payments for sales of the Valkyrie which, according to Aston Martin, “could have been significant over time”.

https://www.reuters.com/world/uk/aston-martin-sues-swiss-dealer-over-valkyrie-sports-car-2021-06-22/

"Analysts at A.J. Bell said in a note that the royalty component of the dispute was likely to be hard fought in court as Nebula had stepped in with funding during a "very rough patch financially" for Aston Martin."

Under the agreement, Nebula Project was due to receive royalty payments for sales of the Valkyrie which, according to Aston Martin, “could have been significant over time”.

Aston Martin said it had not received from Nebula Project all of the funds deposited by its customers, and had terminated its commercial agreement with the Swiss company, meaning it is no longer liable for any royalty payments.

The directors of Nebula Project described Aston Martin’s termination of the contract as “illegitimate and unjustified” and said they were “prepared to pursue the necessary steps to preserve our rights”, in a response to the legal proceedings reported by the Financial Times.

https://www.theguardian.com/business/2021/jun/22/aston-martin-sues-dealer-over-25m-valkyrie-hypercar

Andrew the facts are in the RNS, read them, and stop accusing me of lying when I am quoting AML directly.
Are you saying the court case doesn't exist? They company are on record for saying there were millions down because of lost deposits.
We can do this all day if yo want, I'll post some links later to prove I am correct and you are the liar. Unbelievable.
I take great pleasure in proving you to be a lying ramper, so keep it up old! :)

You know about the court case, but asked when it is?
If that makes me a troll then fine....

You think suing Swiss guys under Swiss law about a deal that is in writing from previous management is going to be won? Haha. Brilliant.

Hahaha.
Judging by your spelling and grammar you are yet another ID of the only person left holding this share.

The court case is 50/50, lose it and they are heading towards bankruptcy as AML will need to pay royalties to the Swiss chaps every sale of Valkyrie, Valhalla and Vanquish.

They also only have £420m left and burned through £200m in the last 6 months, so you can work out how long that will last fairly easily.

Other than that, looking good for £19.