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£750,000 sell just before midday and the price is rising, hmmmmm....
Ferrari Q1 results are Tuesday too, folks.

Depends on how many they forward buy.
Bigger problem for bigger producers.

So glad they did the 20-1 share constrollidation, to "reduce volatility"
Imagine what the swings would have been like without it ;)

Good work, thanks Tiny.

Unlucky Jack. I think having limit orders spread across a range, can give you more of an advantage in a situation like that. ie instead of 15k all in one go, 3 lots of 5k's say at 1920, 1880 and 1850.
Not all get filled, but means you don't have to stare at a screen all day.
I do the same when selling too, people rarely buy at the very bottom and sell at the very top, so spreading your firepower can save hassle and you never kick yourself after the event.
Obviously SP ranges only hold out for so long, and MMs will have to go outside that range for more shares if need be, which in a low volume day like today seems to be the best guess I have.

Agreed Carpy, but I think they have been selling every few days since they declared they were under 7%. So there can't be many left now.
I helped myself to a few, best I got was 1824.

@cekim. Never trust the buys/sells, MMs can make them look like whatever they want.
I reckon Adeem sold some more, now MMs dropping price to attract buyers in to cover the sells.

Adeem selling a bug chunk again at 9.10am this morning?

Quite unbelievable to see the retail fanboys believing the company.
6-8 DBX in each dealer's forecourt and probably more out back.
As if AML are going to reply with “Yeah, we needed to sell 1400 DBX by September 2020 as a condition to receive a £100m bond loan, and we didn’t want the DBX to look like a flop…”

Now the backpedaling. "DBX saviour of AML, selling 5-6000 cars per year, doubling our overall sales” becomes “DBX is not a one trick pony, and the market is saturated, we need more derivatives, we hope to sell 3000 this year but 1000 are sitting in dealer’s forecourts so how many more can we send them?”.
Wealthy individuals want something unique, not 8 cars per dealer, 160 for sale on auto trader and 3 year old infotainment.
https://www.autotrader.com/cars-for-sale/new-cars/2021/aston-martin/dbx
AML sold around 600 to customers since its launch in August 2020, and 800 to dealers.
Now the company refuse to publish retails sales, only wholesales, so investors can’t trace how many cars they are loading dealers with.

All that work to de-stock the sports cars to create ‘brand image prestige piffle” only to load dealers with DBX and create the exact opposite.
And the simpletons think each dealer needs 8 DBX as demonstrators, hahahahah.

The DBX needed to be a massive hit to fund other development and pay off £1.3bn in debts, now AML have low sales and £150m per year bond interest payments. How are they supposed to fund R&D now? Cash raises.
Maybe that’s why Stroll is selling his yacht, race track, Ferrari collection, etc.
I think he’s out to win, but that’s not enough, just like the hundreds of millions he lost on Asprey & Garrard when he ran it into insolvency.

Thanks for providing another graph which shows 5 years EPS growth year on year.

Probably best we stick to AML facts and figures so we don't bore everyone being off-topic....
Sorry folks.

I'll meet you at the AGM and you can decide where I work,. Ishi. Looking forward to it.

https://tradingeconomics.com/race:us:eps,
Click on 5 or 10 year graph time frame to prove my point, again, how many more independent websites do you want me to link to, to prove my point?

Another clueless, illiterate retail investor who goes off in a huff when challenged to show the evidence for their claims.

"Where is the 23% year on year eps growth???
I only see a tiny small dividend yield on Ferrari Race"

What? You do know the definitions of EPS growth and dividend/earnings yield don’t you?
-EPS is the bottom-line measure of a company’s profitability (net income divided by no of shares)
-P/E ratio is stock price divided by earnings per share (EPS)
-Earnings yield is EPS divided by the stock price
https://uk.finance.yahoo.com/news/does-ferrari-n-v-nyse-141059149.html
For proof of 23% EPS growth, year on year for 5 years in a row.

"unfortunately ferrari s eps topped in 2018.
Since then it has been on a decline.”
There was a pandemic last year! Their revenue dropped 10% in 2020, which isn’t bad at all. How much did AML’s drop?

"Having a large manufacturer like Mercedes adds huge benefits in the long term.”
What benefits are they Ishi? Be exactly and specific please.
You do know AML gave away 20% of the company to Merc, just so they could BUY all the parts they need from them, don’t you?

"Here is my reason, it’s in Lehman’s terms"
Who’s Lehman?

"The capital raises through the share price were successful. It means investors with money trust the people behind the brand to pull their weight and deliver. And guess what the share price increased even with dilution."
Google Asprey & Garrard, Stroll managed to lose hundreds of millions and make them insolvent.
The AML SP rose because Stroll, his mates, bondholders and PIs ploughed hundreds of millions of pounds into AML, reducing the risk of immediate bankruptcy. That’s the only reason they have £500m cash on the balance sheet and the SP doubled.
The easy part is convincing other rich folk to invest in a company they are also bondholders in. Bondholders make 15% per annum, roughly doubling their money in 5 years. Who would say no to that with 1.3bn collateral?

Now they have to sell some cars, which doesn’t look to be going too well right now, especially with regard to DBX.
If the DBX doesn’t sell well, I can’t see many of his ‘mates’ investing more cash into the company.
Luxury good companies all have PE ratios similar to Ferrari. I was asking you to explain why you think Ferrari are expensive and AML cheap, which you have still to do.

https://www.grandprix247.com/2021/04/13/in-the-pit-lane-is-lawrence-stroll-cash-strapped/

Ferrari has net debt worth just 4.1% of its market cap.
AML's is around 56%.
That's the only hint you're getting for your calculations. ;)

PS Still waiting on your maths to show how Ferrari are expensive and AML cheap.
You told me not to compare AML to other brands, then when I supply a link showing Stroll makes that exact comparison, you're cool with it again.

A high PE shows investors are happier with with future growth prospects than other companies, it has grown its earnings per share by 23% per year over the last five years. It makes a shed-load of money and the chances of that stopping are very slim.

So, looking forward to your calculations as to how they are expensive.....

Bentley have 2 models and sold 142 cars. AML have many models and only sold 116.
The Bentayga sales were almost double the DBX sales.
So if, as you say, Bentley's numbers were "not great", what does that make Aston's?

I'll say it again, AML bet the farm on the DBX, building a whole new factory at massive expensive for it. Paying £150 million per annum in bond interest because of it.
Now the workforce is returning from Furlough, wages need to be paid, and if the DBX aint selling they are in real trouble.

And Ishi:
https://www.bbc.co.uk/news/business-56245666
It's Stroll who constantly compares us to Ferrari, hence why I made the comparison from the link YOU posted.
I said the Roma would far outsell the Vantage.

Also, if AML don't get close to selling 10,000 cars in 2025 they be liquidated before then, and Merc pick the brand name up for peanuts.
If you hear of the plan to get us to 10,000 sales per annum, please let me know, all I can see is Stroll promising and not telling anything about the detail.

My data was all from the link you posted, Ishi.

https://www.automotiveworld.com/news-releases/ferrari-2020-results-exceeded-full-year-guidance-on-all-metrics-driven-by-record-fourth-quarter-results-2021-guidance-targeting-a-strong-rebound/

"Their valuation is insane"...
Do you think Ferrari shares are expensive at €170 per share and because AML are £20, they are cheaper? Ferrari's NET profit of £534 Million in a BAD year, beating every expectation on every metric and you think the valuation is high? Wow.
Please show us your calculations for this, most intrigued.

Asking this before I go any further.

Bentley Bentayga selling almost double the amount of DBXs.

Ferrari selling 4 times as many cars as AML
Ferrari Roma selling almost twice as many as the AM Vantage.

2 DBX for sale online between 3 dealers in Germany.

....and help Stroll sell off his Ferrari collection.
I see Stroll is selling his Canadian track too.