Member Info for c2645sg

Stroll said in the Q2 conference call they had enough cash to last a year, yet 3 months later they raised some more.
I'd rather work on figures than trust what someone promises.

Yes, 345 is the number of DBX's actually paid for, it's in the Q3 results.
My extrapolation was multiplying that by 4, to get a rough figure for the year.
Much of those 345 DBX's will be test cars etc.
I highly doubt Stroll is the type of person to keep quiet if there was an order book of 2600+ DBX .

It's a tough one....
They sold 345 DBXs, year to date.
If you extrapolate that to full year, that's 1380, which is low, so let's hope it picks up.
Stroll would have been shouting from the rooftops if it had been a high number.

Anyone who thinks this is a quick profit company is deluded, its going to take 3/4 years to see a turnaround in AML.

10% coupon on new bonds close to £1bn is £100M per annum in interest repayable every year. That;s why they had to do what they did, very little margin for error, and no profit for a good while yet.
Karanable is spot in IMHO.

Dilution is generally not the best Kirk.
But Stroll has created a masterplan here. Cash raised from circa 300M to 500M, debt reduced from 869M to 550M, and debt maturity falls later, into 2024/25 rather than 2022 (from memory).
He has diluted, but taken up a big chunk of those shares himself. Merc @ 20% will be largest shareholder.
What AML gains through being diluted 13% is astounding though.
Access to whatever they beed from Merc.
Incredible.

Yes Doyezee, that's my understanding anyway!

Nice one Soul.
I see that effectively meaning 62p is the new bottom for AML share price.
13% rise tomorrow then. At least.

More proof that long term thinking is better than short term.
Forget wave theories. Buy a company that has this kind of potential and let it run.
I wont be selling ANY of the considerable amount I have for at least 3 years or anything under £1.50.

62p.

This confirms AML will not be going private, we can finally put that to rest.
Also, Stroll has almost guaranteed AML's survival.
Thanks to Paul OZ who said from the start Merc will increase their stake.
Medium/Long term, AML is looking mighty fine....

Agreed Dunnie, there are no guarantees in this game.
But it is comforting to know that even with a fund selling 30% of the company, there is a 50p support level.
We'll look back at this time wishing we had bought more. Or I will anyway.
Obviously the shares the fund sold have gone to someone, otherwise we would be a lot lower than 50p.
I am in this for a 3 bag, nothing less.

Great work Dunnie, thanks for doing that.
Not much holding the SP back now. I reckon there are lots of people waiting for this moment. Just hope I can top up on pay day next week before it goes north.

Brilliant news.
Skin in the game...

Stroll's consortium could ask whoever holds their shares to sell them at say 200p for example.
As they are on order, whoever holds the shares cannot lend them out to be shorted.
There is definitely something like this or similar as it's very difficult to short AML.

Plus the shorts could just be short hedging anyway.
I reckon Stroll has worked out how to guard against stock owners not being able to loan it out. I never got to the bottom of when this happened though. Obviously the falls from the IPO showed shorters making good money, but those days are behind us, I would guess.

I am not surprised by this Dunnie, I was trying to tell everyone on here months ago there was no borrowable stock on AML, so very difficult to short.
Only hedge funds can, and I think they have had their fill, they've moved onto fresh meat elsewhere.
Good to see the SP stable though :)

Bought for on that dip. This will end up blue.
One always has to take advantage of the MM dropping price to trigger stop losses for the next leg up.

Correct Nevas:
https://www.investopedia.com/terms/l/level3.asp#:~:text=What%20is%20Level%203%3F,function%20as%20registered%20market%20makers.

I didn't say you were stupid, 33.
I read your post of a maximum of 5000 per year, I wasn't questioning that. I was questioning Vectura's post stating 25000 per year which is a ramptastic lie.
Hence why I quoted a portion of his message... which I will do so again...
"if every dealer sells 2 to 3 DBX a week we are at 25,000 cars a year sold only DBX MODELS"

and 33, vectura's quote was 25000 Per year, not over '5 years'.
It seems strange you always want to back up factually incorrect statements. I wonder why?
"if every dealer sells 2 to 3 DBX a week we are at 25,000 cars a year sold only DBX MODELS"

33, which part was derogatory?
Anyone can say anything after the event.
I sold out at 78p and bought back today.
See how easy it is?