Member Info for c2645sg

As I thought, you clearly have no idea whatsoever.
Rhetoric and conjecture over facts yet again, standard.

Ken did NOT say he was confident, he 'hoped it might be possible", that's twice you've fabricated and twisted words to suit YOUR agenda.
Banks won't touch Stroll, he failed to get the bond loan away for F1 only a week ago.

Carpy, tell us how the debt is going to be refinanced please?

Chaos theory, link for bonds "trading at a yield well below their coupon" please

Show your calculations for saving £50m per year in 2025

Banks won't touch Stroll, hence why he has to go with bonds.

btw....
Projection this year of 5666 cars sold (based on 9 months figure of 4250).

£165,000,000 (interest payment per annum) divided by 5666 cars is £30k per car in interest payment alone.

Average Selling Price is £150k per car, so 20% of each car this year is due in bond interest alone.

... plus AML are one of the very few who treat R&D this way in the accounts.
Why should AML be any different?

Please read my message again, CAREFULLY!
I didn't say to take capex off as a deduction, I just copied and pasted the amounts from the RNS, capex was in there too.

So to clarify:
£500m EBITDA
MINUS
Interest of £165m
MINUS
Depreciation and amortisation of >£300m, so lets' say £325m ish

EQUALS £10m profit

So yet again, even if they do hit these crazy targets, the best possible outcome is a £10m profit IN 2025!!!!!!

....and Carpy, the management said EBITDA, not real profit.

Stroll's target of £2bn turnover, 10,000 sales and £500 EBITDA.

Interest charges £165M
CAPEX and R&D >300m
Depreciation and Amortisation >300m

Therefore even if AML do almost DOUBLE sales and increase the average selling price of cars from £150k to £200k, they make NO PROFIT after Interest, tax, depreciation and amortisation

How do you know this Swingman?
This would decimate the share price if true.

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https://www.ft.com/content/073862d0-5eae-4646-a35d-634c5d92b672
The exact quote:
The cost of it is higher than we would have wished,” finance chief Ken Gregor told the Financial Times. He said the business was likely to have significant interest payments until “probably 2023”, when it hoped to refinance the debt again.

Hoped means nothing. Are they going to refinance which will cost them £100m like it did last time? 2 years before bond term finishes?
I et they can't even if they want to.
If you were a bond holder, would you let them take your 15% interest from you for 2 years? Neither would I...

Yes, and after all that efficiency has improved we STILL make a honking loss.

https://www.walesonline.co.uk/news/motoring/aston-martin-records-loss-1886-22074515

Tobias mentioned both factories were closed for 2 weeks this summer, and now they have also laid off another 200 workers at St Athan too.

https://www.proactiveinvestors.co.uk/companies/news/965351/aston-martin-s-positive-third-quarter-earnings-overshadowed-by-angry-customers-965351.html

Madman, you should have listened to the Q and A:
No facelift for DB11 and Vantage til Q2 2023.
No DBX facelift until 2024.
DBX Mild hybdrid Q2 next year, China only.

"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"
Ouch.
Hate to say I told you all, again.... ;)

https://www.ft.com/content/073862d0-5eae-4646-a35d-634c5d92b672#comments-anchor

My mortgage and car are both paid off, it's called prudence.

Listen to the furious loons, it's hilarious.
Looks like I was right about the SP.
Not long til the hedge funds start shorting this I reckon, like THG and Darktrace.

Tobias saying 'mild' hybrid DBX released China only Q1 next year.
After that they 'might' release it elsewhere. Full hybrid is some way off.
What are they playing at?

The day isn't over yet you plumb.
https://www.marketwatch.com/story/aston-martin-lagonda-3q-pretax-loss-widened-but-revenue-rose-on-higher-demand-271636012596

Debt payments are up from £135m per year to £165m per year.
There goes any chance of profit in 2025.

15000 and 10000 sells at the top this morning, not much buying going on after 'stellar results' eh?

Typo fixed...

DBX: 9 months: 2186.... full year 2914
Total sales 9 months: 4250.... full year 5666.
Sports/GT cars full year 2669.