Member Info for c2645sg

One of the comments on the article:
"The story does seem a bit one-sided, probably as the author noted, they haven't had input from the Swiss entrepreneurs.

Several of Aston Martin's key projects of the last 4-5 years have been due to Baenziger and Kamelger. Earlier sources (eg. https://www.automoto.it/news/aston-martin-valkyrie-ed-il-partner-misterioso-af-racing-chi-sono.html) suggest that it was the pair who pitched the idea of the Valkyrie to then CEO Andy Palmer and who only agreed if AM didn't have to fund / take risk. Their business took this role, sold a high proportion of the cars and were to run at least part of the racing / track operations. Last summer they brought the Valkyrie mobile service vehicle & I believe a car here to St. Moritz and the vehicle is visible outside their dealership. There is a video online of Nico Rosberg specifying a Valkyrie with Baenziger at Aston Martin St. Gallen. It certainly wasn't just 'handling some Swiss customer deposits'.

They are also responsible through their R-Reforged business for the Callum Vanquish 25 and V12 Zagoto Heritage twins. Through their AF Racing / R Motorsport division they're one of the prominent racing teams for Aston Martin cars in GT3 and GT4.

This article (https://squaremile.com/gear/cars/andreas-baenziger-r-universe-interview/) suggests that Stroll used their Aston Martin St. Gallen business to source cars before buying AM and that the pair played a role in his subsequent acquisition.

For Aston Martin to have cancelled possibly one of their most important global dealerships, at least for selling their highest-profile limited edition cars, seems to suggest that their has been a major falling-out between ex-customer Stroll and the pair. Maybe the £10m was being withheld as part of these 'negotiations'. Maybe, given the pair had the contract to finance & project manage the Valkyrie project in the first place it wasn't even due to AM as per the original deal. There seems to be a much more interesting story behind the scenes."

Now we know why so many funds are selling this down.
I knew a £24 million pound sell meant something yesterday.

Let the SP be the judge Frankeh boy.
See you at £16.

"The carmaker will take a £15m hit to profits this year and book a further undisclosed financial impact next year, it will tell investors on Tuesday morning, the same people said. At least £10m of that is from the missing customer deposits, with an additional unquantified hit next year.”
"In return, Nebula was due to collect commission from sales of the Valkyrie model as well as two subsequent cars based on the same technology, the Valhalla and the Vanquish"

Looks like Stroll had no idea just quite what he was getting himself into. Or did he, and just found an easy way to make money for himself and keep his son in F1.
5 week wait for Q2 results is going to feel like a year.
I wonder how long until the next cash raise....

750k shares/ £14.25 Million pound sell there. That one definitely wasn't above £19.50 like the rest.

"Whether the deal between the two nations will see the end of Australia’s Luxury Car Tax (LCT) remains to be seen. Last month a spokesman for DFAT told WhichCar “generally” the LCT falls outside of the scope of a free trade agreement, however, they did not rule out any changes to the tax may be possible in future.”

So a 5% saving, which is welcome, especially when £25k from EVERY car sold is going on bond interest payments alone.

Georgina on twatter, said that's being economical with the truth.

"LCT is charged at the rate of 33 percent on the amount above the LCT threshold, which for the 2020-2021 financial year was $77,565 for fuel-efficient vehicles (classified as cars that have a combined fuel-consumption rating not exceeding 7 litres per 100 kilometres) and $68,740 for other vehicles.

So, for example, if your car cost $100,000 and used 10 litres per 100km, you would pay the 33 percent tax on $31,260, meaning it would take the price of the vehicle to $110,0315.80."

Are we all just ignoring the 250k sell yesterday? £5m in one go.

My maths: Adeem held 7% of company in Feb, 7% of 114 million shares is circa 8 million shares.
Yesterday, 250k were sold in one go.

The selling might be over sooner than we think. Unless it was not Adeem selling of course....

https://www.gpblog.com/en/news/86374/red-bull-confirms-we-will-continue-partnership-with-aston-martin-in-this-area.html

"The development of the two-seater mid-engine Valkyrie remains a key project for Red Bull Advanced Technologies, with the first batch of the 150 road-going cars due to be delivered to customers at the end of the year."

I meant sick of the constant selling holding the SP back, but cool story, thanks.

There are another 3, possibly 4 sells of 20,000 shares today, I wonder if Stroll is sick of this and speeding it up.

Nice, hit my limit order of 1910.
Keeping some in reserve in case it goes lower.

Doyezee, I saved myself 13% by selling.

Doyezee, I sold them 10 mins later, what does that say about my outlook?

I can't stop people asking me questions, sorry about that......must be all this charisma I have ;)
...Or maybe it's because I am an honest unbiased investor who calls everything as I see it ...and am mostly correct.

Here come the conspiracy theorists now, they work in the same office, yadda yadda.
I think I can perform well enough on my own, I don't need side-kicks or multiple IDs like many on here, thanks.

Regulator, Adeem don't seem to sell any below £19.50.

Nobody knows the answer to that question, sorry, that's the truth.
Depends where the MMs think they will attract buyers next... Static SP does not enable that, so your guess is as good as mine as to whether it is the £18s or the £21s.

They were not buys, they were forward sells.
Why else would the price crash 12%/13%?

Enough people had bottom fed under £19, so the MMs needed to take it up, make it look like a breakout to attract different buyers. they succeeded.
Even I topped up over £22, but quickly sold again when I realised what was going on.

Ouch, another 50,000 shares dumped!

Thanks Vorlich, much appreciated!

Thanks Fluker, will check it out, much appreciated.

Weird, I can buy AML on my IG spreadbet account, but not short.
it says "no borrowable stock" as soon as I ht the sell button, doesn't even let me enter any info...
What kind of IG account do you have? Mine is just the standard I think.
Thanks for your help!