Member Info for c2645sg

You're correct on the 25th feb Frank3h.

]The only. fact I can post for you today though, is that there are 16 DBX's for sale second hand on autotrader UK.

Facts, not opinions.
What can be asserted without evidence can also be dismissed without evidence.
One person censoring another on here denies everyone else the right to read it, which negates the entire point of having a public BB.

That was before they refinanced the debt (bonds) Madman.
The debt increased to £1.3 billion and cash went from circa £300 to 500 Million.

@Madman.
They had £500mill in cash at Q3 results, we'll see what that's at in the next results.
We'll also see how DBX is selling.
Good point on dealerships still being open in Q4. I don't see them breaking even though....Unsure when the bond interest payments are made, but they are £150M per year.

@Cekim, only if you listen the people with blind faith.
The whole market is being day-traded with millions of people sat at home bored.
The MMs now have to walk the price down because buying has dried up.

@MadMan, I agree with you there. 1800-2000 sounds about right for me too.
The SP got ahead of itself because of short term traders pushing it higher. When they exited the ballon slowly lets out air, it doesn't pop.

Patience is a virtue and all that, I am happy to wait. Excited to see the results in China, but AML won't have shifted many cars in EU/UK/US for Q4.
Which is fine, they need to run down the stock overhang, with dealerships closed, that will now continue into Spring.
Q4 2021 is when this will really start to motor, but plenty opportunities to top up on dips before then.

Totally agree Madman, you can sleep easy doing it that way.
Automatic buys with a limit trade, live your life while the SP does it's thing.
I also do it on the way up too, limit sells when it's looking toppy, like today.

RSI on the daily is still overbought, so 10-20% drop from 2300 imho.
Retail core holding at all times.

...or you could split your limit buys up into 2 or 3 chunks.
ie, 2100, 2075 and 2050, then if it doesn't hit 2050 you still get to top up at 2100 and 2075.
Less stress, depends how much you are playing with.

Nothing can go up in a straight line.
It went from 1600 to 2300 in two weeks.
Now it takes a breather, and everyone can top-up at 2000/2100.

I am pretty much with you, got limit orders in for 2100, 2050 and 2000.

I reckon the Ferrari results.
2020 Q4 smashed 2019 Q4 results.
EBITDA for Q4 2019: €333m
EBITDA for Q4 2020: €379m

So basically Q4 in 2020 almost made up for the Covid losses in H1.

Shorts are not always what they seem.
Companies need to hedge long positions sometimes, especially in volatile markets.

& also check out:
https://carsalesbase.com/car-sales-china-home-main/car-sales-by-brand-china/
In particular, BMW, Merc, VW/Audi numbers.

https://www.ft.com/content/620a884c-bff7-4986-a30b-ebc8c8053e7d

Indeed, I echo all those sentiments, well done GT4!
Looks like £16 was the support after all.
When AML hits £35 we'll all be wanting a shot of that boat...

Paul is spot on.
Even with IG, I see a big sell go through, then I check back later and it's changed to a a buy, and vice versa.
The best way to gauge sentiment is the share price.

GT4, that's such a lovely gesture, well in!
Even if we all miss the correct SP, a side venture for a BB meet-up around the same time might be a potential idea too?!
I am in for 1616...

Sorry, 2 factories have annual output of 14000 cars and Stroll targets 10,000 by 2025.
Also, I think the froth just got blown off the share price, it always overshoots on the way up and sinks back down again. 3 forward, 1/2 back
Like GT4 says, it's a higher plateaux every time.

Dealerships are closed, meaning not many cars will be sold, I can't imagine many wanting to buy a £180k car without a test drive etc.

Results are end of Jan/early Feb, so people are expecting fairly sobering sales numbers.
DBX sales in particular are highly sought after information, it's AMLs 'saviour'.
Cash levels (burn) will be interesting too.

Support seems to be holding at £16, I'd say the bottom could be as low as £14, and I don't think we'll ever seen anything under £12.40 again as that what Merc got their 20% at.

The only potential thing I can think they'd need to raise money for is factory restructuring as the 2 factories have a total output of 1400 cars, when Stroll's ambitious plan is 10,000 by 2025.

There are obviously a few highly leveraged individuals on here who ramp 24/7 and chastise anyone who questions their hero Stroll, but other than that there are a few gems of wisdom ;)

Good luck!

Only you can decide that Rock.
What broker is providing that bet?

Better to let it hit bottom and miss a bit of the rise before buying back in imho.