Member Info for c2645sg

Selecta, Stroll knows AML have hit their legislative limit on share issues, hence the consolidation. Nothing to do with minimising volatility etc. Imagine day traders trying to trade AML on news with fewer shares about?
Looks like Crank is a one man band and sounding pretty desperate: ramping multiple times a day, quoting untruths, talking loud and saying nothing.
He is nervous.
Like I said, the SP will stay high until the shareholder vote, then we'll see what happens when millions more shares hot the market at 50p issue price.

The more Crank ramps, the more buyers should beware.

For discussion Lewis. The thing we all learn from.
If people can prove me wrong, I'll learn something and change tack.
Hasn;'t happened on here yet, people just avoid difficult questions and hurl insults when their knowledge is shown up.
Check my posting history, I insult no-one.

Doyezee they sold 1550 cars this year and plan to keep de-stocking (selling fewer cars at cur price) into 2021.
You do the math.

Vorlich, you do know MB haven't paid a penny for 20% investment in AML. It's a no-lose situation for them.
So if it goes bankrupt they have a board member or two.
You know what that means, don't you? Veto rights.

Would I buy now at 50p? Not a chance.
My average was 52.8p.
Q3 results changed everything for me, this company needed DBX to be a huge hit, and they have sold a total of 345 in Q3. Stroll would be shouting from the rooftops if they had an order book over 3000.
Demo units for dealers around the world probably equate to a third of that number, so they really only sold around 200. Grim.
The prospectus says, (am paraphrasing) "after initial high numbers the order book slowed down" but refused to say how many there was. Worrying for the thing thats mean to to 'save the company'.

I'll keep watching in December to see what the underlying intention is.

Failing to answer a simple question and resorting to personal jibes, again.
One day, we'll see how many serious holders there are at the AGM, look forward to meeting all the folk who send insults my way.

Crank, the reason I ask people to answer questions is to gauge the financial intellect on here. So far, no-one has answered that question.

If you were so confident in your investment here, why do you all need to post 24/7?
That's purely rhetorical....

'legislative limit', haha, what happens after consolidation, 20 fr 1 right? ;)
You're getting warm....
The delicious irony being you're trying to get me to 'read between the lines'.

Dunnie,

How are AML going to pay the £152M on the bond interest every year when they are burning through 500M cash every 6-9 months?
When you can square that circle, you'll have the ghost of a point.

Dunnie, I said nothing about a rights issue, but thanks.
I'll be about for as long as there is nonsense misinformation on this BB.
Sure you can handle it.

Tiny, he said the same at the Q2 results.

it's not the raise in December you have to be worried about.

It's all the cash raises that follow, especially when you don't have to ask shareholder permission.

I'll take a stab at the next 9 months...
-Cash raise for buying f1 team, during closedown of f1 season Mid-Dec to March.
-Cash raise for reducing factory from 14,000 to 10,000 cars as they won't want to produce anything over 10,000 for EU reasons.
-current 500Million cash will be burned through in 6 months, so expect more raising before this gets too low, within 4/5 months from now.
-cash raise to pay interest on bond debt of £150+ million. in 2021.

And a crescendo IS the steady build up of noise, not the culmination.

I said £14, not 14k.
Honestly. sigh.....

No you can't Darren. Try it out on another browser without being logged in.

No trader buys less than £14 worth, so anything else is just noise.

Example: Trader goes in with 10k
Makes no difference if it's 10,000 shares at £1, or 1,000 shares at £10.
NO DIFFERENCE.

You are all just believing Stroll's word like it's gospel, meanwhile he tales away your pre0emptive voting rights sight under your noses.

Wake up people.

If anyone can explain why consolidation suppresses volatility, I'd love to hear it.
Utter nonsense.

In early 2020 the Group entered into an agreement, under which the Racing Point F1TM team will become the Aston Martin F1TM team with effect from the 2021 season, bringing an Aston Martin team back to the F1TM grid for the first time since 1960. This agreement is for a 10-year initial term, and the Group also has the option to acquire an economic interest in the Racing Point F1TM team.

Oh look what's buried on page 89....
As also announced by the Company on 27 October 2020 and 30 October 2020, the Group is (i) issuing £259 million equivalent in aggregate principal amount of 15.00 per cent.

So not even the 13.5% originally quoted, now 15%. Wow, I have actually never seen anything that high in 25 years of investing.

250million @ 15% is 37.5M per year
840million @ 10.5% is 114.45 per year.

That's £151.92 million in bond interest payments alone, EVERY YEAR!

Rox, I heard it was a private civil ceremony ;)

Haha, flicking through the prospectus and found this on page 56:

Executive Directors
Tobias Stroll

Quality typo!