Member Info for c2645sg

There is a huge difference between others stating an opinion and me correcting them with FACTS, and us arguing over something which can't be proven either way, yet.
I didn't state it was a fact Jack, hence why I quoted my original post again.
I used the words 'maybe' and 'probably' to differentiate fact from opinion.
If you can't spot the difference then that's not my problem.

...and for the record, I didn't state it was fact. See words in capitals below.

"MAYBE they are annoyed at Stroll and his chums taking out £1.3bn of bond debt at interest rates of 10.5-15%. Especially when Stroll & chums PROBABLY own that debt, meaning they will double their money in 5 years."

It doesn't really matter to me who owns the bonds, the fact they replaced covid government loans of 2.5% with something at 10.5%+ is what irks me.
And the fact the bondholders get warrants which gifts them 5% of the company.

You stated: "I'm not saying it's wrong. I fear it could be correct".
So you believe me without any proof, why's that Jack?

...and while you are at it, answer me this...
Why do the bondholders get warrants which gifts them 5% of the company?

The bondholder are undisclosed.
Why don't you do some homework for the BB Jack, and prove they are NOT the bondholders?
Good luck with that.

Maybe they are annoyed at Stroll and his chums taking out £1.3bn of bond debt at interest rates of 10.5-15%. Especially when Stroll & chums probably own that debt, meaning they will double their money in 5 years.
Just a thought, who needs the SP to increase when you have easy money like that?

More huge sells yesterday, over £3m.
Adeem must still have plenty left to discard.
I calculated about 5/6 months from Feb to clear their holding.

Posting history of "mywifedoesntknow".
Ramp alert!

16 Dec 2020 12:25
I have just today sold AML and bought RR. Will buy AML again, just waiting for next drop. I'm begginer so pls do not think that I know something more than anyone else who read a few articles... Just hope that new CEO will bring gain as it happend in AML…

02 Feb 2021 11:06
I am out, but only to buy after next drop. I love you AML :))

03 Feb 2021 08:25
I am back in the game ;)) Still in love with aml ;))

03 Feb 2021 08:36
My opinion is that it will rise now to 25 and than will make higher drop. We will see :) Anyway it will rise above 25 in february. ;))

The name's Bond.... Junk Bond. ;)
I am not offended Carpy, just prefer facts.
Don't trust anyone else who tries to hide them.

I've been on plenty BBs where a group of us has got together and made real change in a company.

Carpy, let's just stick to discussing facts.
I don't ask you about your holding, so kindly do the same for me.

Merci, please read the results, it's all in there, this has been discuss ad nauseum.
Loan Notes 1040m
Inventory financing 39m
Ban loans and overdraft 118.6m
Lease liabilities 101.7m
Gross debt 1,299m

The interest for the bonds gets paid Q2 and Q4 only.

Mercia, these new bonds at 10.5% were used to pay off the government loan at 2.5%.
Let me know what FSA says about that.

https://www.ft.com/content/a0864c3c-6c20-4415-b95d-9eb729f128fa

"Aston has privately placed this debt with unnamed investors, which also received the added incentive of equity warrants that could hand them 5 per cent of the company."

You think Stroll decided to incentivise people he doesn't know?
When MGFX brought this up at the time, he also was lambasted by people who have no clue.
MGFX, where you at?

or...
"the action or process of reducing or paying off a debt with regular payments"
That's what I was getting at, AML are paying off the interest, but not the £1.3bn debt.

Are the £1.3BN in bonds amortised yet Carpy? ;)

Carpy, I was right....I take it back, haha.
EBITDA is Earnings Before Interest, Taxes, Depreciation, and Amortization
"Depreciation and amortisation c. £240m-£250m for 2021.

So you need to subtract that from the £65 million profit you calculated earlier

So 10k sales and £500m EBITDA means a loss of £175m.

Sorry!

@Chat, I'll take that as "I can't find a link which proves it's unlawful, so I am running away and not talking to you any more".

I'll state it plainly for you right now:
There is nothing unlawful about lending money to your own company, Stroll did it when he took over last year. AML needed (from memory) £50m to stay afloat, it's all on the record. Roughly Feb/March-June if my memory serves me correctly.

Why do you think they refuse to disclose the names of the bondholders?
Have you ever known any other company who refuses to name bondholders? (Me neither)
Why would Stroll take majority interest with his pals, set up rules to stop anyone else gain a majority interest, and then borrow from bondholders who aren't his pals? You know bondholders are first in line, well in front of shareholders if company becomes insolvent, so there is no point having a majority stake if the bondholders walk away with all the goods.

How can I be 'looking for glorification of how smart I am', as everyone argues against me, and recognition for anything I bring to the table is non-existant?! That's hilarious.
Back to the facebook group with you...

@Doyezee and Chat.
Please share a link which shows this is unlawful?

Sorry Carpy, you are correct, I was confusing 2 arguments there.
I think Stroll's plan are hugely ambitious for 2025, and you think they will be beaten, that's cool.
I'd be happy with AML making a profit in 2025, though.

It's true no matter where the money came from.