Member Info for c2645sg

I asked you, genuinely interested in anyone's take on it.
Maybe the recent director saying he will take £1m's worth if he can also get in on the bond action at 10.5%?

They have £550m in cash.
Why would you take out a loan at 10.5% over 4 years when you have cash in the bank?

Nella:
1 - I am invested in AML.
2 - I have posted on other companies
3 - I am on here to discuss the company. (I thought that was the whole point)

Nothing I or anyone else posts, makes any difference to the share price.

Pupper, what does it matter when it was announced? It's the fact they need to draw them, that's important. Why do YOU think they took on MORE DEBT?

Net debt was £1.3 billion, through bonds to stave off insolvency, and the ONLY reason they have £550m cash in the bank. (proceeds of said bonds).
It proves this business is a LONG way from being profitable.
Loss after loss after loss, Q2 will be worse with £75+ million in interest payments on top of another loss.
AML paying all wages again since furlough is ending, now we know why they are drawing down more debt, because they know the foreseeable future is going to be more losses. Cash levels will drop faster now the government are not paying 80% of wages.
'Fully funded', when did Stroll say that again?

I see Moers side-stepped the wholesale/retail question again too.
I wish I was an analyst to ask some real questions on results day.`

Peter, it's easy to spot the people to ignore on here: anyone who abuses rather than argues the point. It's a red flag to a dumb retail investor.

AML drew down circa £77 MILLION in new notes in February, no-one seems to be talking about that. Why?
Funny how the EBITDA make everything look better when you strip out the net debt.
Or the fact the interest payments are only deducted in Q2 and Q4, which is £150+ million per year. Q2 aint going to be pretty then....

You can smell the fear throughout this BB.

Biggest bounce back after Covid all round the world and AML still make a loss, even after drawing down more bonds, brilliant!

Adeem was a conglomerate, and since it lost it's board seat for going under 7%, it split up into individuals, so impossible to ever know now.

Let's hope it's the MMs picking up some stop losses to counter all the buying tomorrow!

VW are up 1.1% and Porsche are up 2.1%.
Ferrari were down 7% yesterday but are US listed, so not open yet today.

7% of AML's £2.2 billion market cap was the rough value of Adeem's holding in mid Feb = £154 million ...... @ £20 per share is around 7,700,000 shares.
Average day's volume is around 500,000.

PPS, is that a 600k share sale just at 3.45pm today?
Wowsers, that's £11 million....

PS, that's all on the proviso that they will sell their entire holding!
Who knows what they have agreed with Stroll. he obviously wanted them off the board, and that was anything under 7%, which was declared on feb 19th.
They've gotten rid of a fair few since then, but I doubt they will be under 5% yet.

I was thinking the exact same thing Jack.
They seem to be selling in chunks of 80,000, so that would take 142 days, presuming they do it every day, which they can't.
The whole situation seems so similar to the 50p days, it's almost deja vu.

As you say, the price is fairly stable even although they are selling, but it will take off when they are done.

It all depends on who is buying Adeem's shares, how good the results are next week, and how patient we all are.

Doit2morrow.
We'll never know as the company are refusing to release retail sales from now, only wholesales.
I wonder why?

What do you mean, "we're not on the list"?
Do Aston Martin not use chips in their cars?
I've emailed the company twice in the last 2 weeks about it and still no reply.

Buying even although your last post says the chip shortage is a 'nightmare' for car manufacturers Vorlich?

Another £450,000 sell at 10.05am.

What good news is that Emma? Do you know something we don't, please elaborate?
Or are you just another spreadbetter underwater from £20 and saying anything to move the SP up?

Low volume sellers, hahahahaha.
Adeem are trying to shift their 7% of the company.

Maybe you should have done your homework before buying then.

Big fund selling, and MM need buyers. Look up 'Adeem'.
Be interesting to see how low it goes this time, £18 is the bottom end of trading range.

Yup, same in Germany, I only found 2 brand new for sale in the whole of Germany too.
Maybe it's just certain parts of America?
Dealers seem to be buying some to show them off, and drive around in...
https://www.autonews.com/sales/aston-martin-right-target-just-months-after-dbx-went-sale