RE: C269 Mar 2021 15:11
"You estimated cash to be circa 350m- 200m but were wrong as stated above they had 489m left!"
Yes, I was wrong. So Madman, when do AML pay the Bond interest of £150m+? It wasn't Q4, so when? I had obviously factored it into Q4.
AML burned through £500+ cash in 2020, hence why I quartered it, and stated cash burn of £150 per Q. I wasn't making it up out of thin air.
"You estimated that they would only have sold 500 DBXs for q4 but they doubled it."
They loaded dealers full of DBXs, when they said it was specifically 'built to order' to inflate the DBX sales and cash levels.
Easy done eh? Right boys, sell 5/6 to each dealer and we'll make it look like over 1100 were sold to customers. Do you know AML WON'T BE DISCLOSING RETAIL figures any more, only wholesale? Why do you think that might be?
I repeat: Wholesale = 1839, RETAIL = 1398. That's 441 cars 'sold' to dealers rather than customers.
If you're gonna come at me, at least do a decent job it please.
Your guess:
"I’m hoping for AM to make a Q4 profit but I think we will have to wait until Q1/Q2.
I think we will see
858 DBX sold
Q4 loss of 10m
And think the sp will probably rise upon this news to £22.69 by end of the week."