Member Info for c2645sg

When you censor someone you make yourself a prisoner of your own action, and deny yourself the right to hear an opposing view.

Crack on though AML007, you'll be right.
I bet you any money your own fear will get the better of you and you start selling when the losses run into the thousands.
And you'll only have yourself to blame.

The £15 question....
Stroll saved AML from bankruptcy. People bought in believing he could turn it around and the SP soared from c.£10 to £23.
I'd say that belief (apart from a handful of die-hards on here) has near evaporated, hence the drop from £23 to £14.50.
So greed is now replaced by fear, and the only way the company will turn that around is by making a profit.

You all know by now that even Stroll's target of 10,000 sales, 2bn turnover and £500 EBITDA doesn't even turn a profit because of all the debt he saddled us with.

AML WILL need to raise more cash in the near future.

So ask yourselves this, what is going to make the SP rise in the medium term?

My shareholding is none of your business AML007, that's why I ignore your question.
I have 25 years experience of the markets and BB pages, and rarely divulge my holdings.

It doesn't matter how many I own, or you own. People say they are holding when they are really selling, you can never believe any of it.
And that is exactly WHY facts trump opinion EVERY SINGLE TIME!

Madman, what are you talking about?
I can't think of another share bought more on emotion than AML.
All I read is petrolheads (who know a lot about cars) investing and defending their emotional purchases, ignoring facts and letting their ego run amok.
They will get rinsed.
The whole market is way overvalued, retail traders who thought it would never pop are left holding the ridiculously valued shares.

And here you are telling people everything will be fine as this is only going up.
Utterly contemptible.

A 1.8bn company with 1bn turnover and 1.3bn in debt.
They don't make enough cash to pay the interest in the debt.

Cue the personal abuse completely void of facts

We knew that was coming, ignoring your own advice, replacing facts with faith.
The virus will evade vaccines, if not already.
Debt heavy stocks will get hammered, especially with inflation taking hold..

That's the danger of these BBs, people are so desperate to win an arguments, they lose money in the process.
Twas always thus, and always thus will be.

Maybe it's Ken (CFO) who's selling ;)
Or Toto... or II/funds
It's incessant, whomever it is.

The biggest trades were delayed from about 11am this morning.

https://www.investopedia.com/terms/n/non-executive-director.asp
You think any one of Stroll's non-exec lapdogs would question him?
Note that Stroll has not bought any since 62p, and Ken (CFO) has never bought any at all.

The first non-exec director bought at £19 a few weeks ago. How much did he know about the future share price? He bought £4m and is half a million down already!

People should be wary of Doyezee too, recently he self confessed to a punt on THG at £3.11. Ooopsy.

I couldn't really care less what happens at Aston Martin F1, it's a different company.
You know, Stroll's private company who raises hundreds of millions of cash from OUR brand name, but we pay them for the privilege.

Fake news eh, someone better tell the FT, because that's where I get the numbers from.

The SP doesn't even budge when a non-exec buys.
It's all gone quiet on the Valkyrie again eh, Where you at Richard?

Richard365054
Posted in: AML
Posts: 1,355
Price: 1,857.50
No Opinion
Valkyrie deliveries.16 Jul 2021 16:11
"I will confirm, as promised, we will be delivering cars starting September", so stated Lawrence Stroll at the Goodwood Festival of Speed.
Richard365054
Posted in: AML
Posts: 1,355
Price: 1,887.00
No Opinion
Valkyrie18 Jun 2021 18:04
I noticed there were some comments referring to Valkyrie and delivery dates yesterday. I think I've mentioned I filtered long ago one or two of the reactive posters on here - utter waste of space and they remain forever filtered. From an impeccable source and to set the record straight, Valkyrie deliveries are expected to commence in Q3 with majority in Q4 as per weighting of profit guidance for the year. So effectively as previously stated.

I have been questioning and receiving abuse since 3rd July 2020.
It's not difficult to check.

All the rampers have argued with me and said I was talking nonsense, and now they have lost most of their profit.
And yet they are still arguing, you couldn't make it up!

Hard facts like I have been quoting for over a year?

AML_007
Posted in: AML
Posts: 241
Price: 1,927.50
No Opinion
RE: Dunnieboy are you still alive?12 May 2021 06:32
@Jackwalker422 – “Especially since SPs do rise and fall on opinions all the time.”

A recent textbook example of this was GameStop.
- Institutional investors shorted the stock based on facts.
- Private (WallStreetBets) investors drove the share price up based on faith.

For a while, the fact-based approach lost money and the faith-based one made money.

Clearly there would/should always be a point where the facts over take the faith.

For me and AML, the cold hard facts would hit home at around £15 a share.

When I would still be up (just), but have to accept my faith in Stroll, Moers, etc. was misplaced.

However, until that day…

Yeah, 'looks similar' but fallen more. Nice cherry picking.
VW and Porsche have lost 25% ish percent and AML has lost 33%.
You also left out the the chart of Ferrari which is up 32%.
It's never a great argument when your only defence is "Yeah, but we're not as bad as this example...."

Yes Tiny, it's rocketed from £23 to £15.50.
If it keeps dropping, watch the run for the exits from LTHs here, most bought around £12.40 ish, which is conveniently close to the price AML will have to pay Merc in cash rather than shares. I wonder how they will afford that?

Picciotto is over half a million down from his recent purchases already. He bought £4 million worth and it's not enough to turn the SP around.

I reckon the smart money is running scared from the court case, not many will buy with that hanging over us.
If Stroll can tap more bonds, fine, but if it's a cash raise then expect a circa 15% discount.

No, we are NOT on target to hit 6000 this year.
Projection this year of 5666 cars sold (based on 9 months figure of 4250).

Let's hear from TonyB and Richard, who both have 'mates at Gaydon', see if they can verify what GT4racer is saying.

The last few posts show exactly why facts trump opinion.
Don't listen to anyone who thinks they know where the share price is going.
Do your homework and decide for yourself.

Erm.... Stroll took over in Jan 2020, Noah.

All taken from FT articles in the last 2 years:

£150m 2019
£540m in Feb/March 2020
£75m loan from Stroll to see the business through to the rights issue
£100m credit line opened March 2020
£190m rights issue June 2020
$68m bonds @ 12% June 2020
£125m equity release Oct 27th 2020
$107.4m more in bonds Feb 2021.

https://www.ft.com/content/a9a73b9c-ae9d-11e8-8d14-6f049d06439c

Concerns have focused on some of the carmaker’s racier accounting policies. For instance, it capitalises much of its R&D expenditure, amortising this over the expected life of each model it makes. As Aston Martin’s plans involve launching seven new models in as many years, of which four are still to come, this will greatly increase the size of this intangible asset on the balance sheet. Investors can only hope that as each new model rolls off the production line, it sells sufficiently to absorb the rising amortisation charge. If not, impairments loom down the road. What links the “jam tomorrow” growth plan, high leverage and the accounting practices that magnify short term profitability? Yup, it’s governance and ownership. More than nine-tenths of the shares are in the hands of two private equity investors: the Kuwaiti group, Investment Dar, and Investindustrial of Italy.

Obviously the private equity investors haver sold heavily and mug punters are buying.
Beware.