Member Info for c2645sg

The big boys are all struggling, no-one wants to take on a company with around £1.5bn in net debt, especially now the market cap is circa £1bn.

Astonbroomes

Posted in: AML

Posts: 67

Price: 392.80

Weak Buy

RE: 2nd Resistance Point31 Jul 2023 09:51

C2645sg is a joker of this board, entertainment. Look how many posts he/she has posted! Over 3,000 on this board alone! How much time does he/she have, dedicated to chatting with us - must really really care about us, eh?!

You have to think, what is c2645sg's goal on this board? Is it to advise us to sell, buy, hold? Or is c2645sg posting over 3,000 messages because he/she is a bored sausage, with no real physical friends? Or maybe c2645sg is a narc, who likes to be heard and be right, because so many people in the real world don't listen to him/ her.

Might have to book c2645sg into a clinic - haha.

AML is unsustainable as a business, no matter who owns it.

It needs a big brother, the world is no place for a single, niche business anymore.

AML have stated they need £2bn for electrification, that's insane for a company that makes losses in the hundreds of millions every year.

Today is the day most 'investors' lost faith in Stroll.

Everyone hoped new models would save the company, it's almost the exact opposite, updating all of them at the same time, while increasing prices has led to a profits warning. Which I have been saying for a while, ad nauseum.

The real risk is running our of cash after betting the farm on new models.

£135m raised in early August, and cash burn rate of £2m per day, means running out of cash in early/mid October.

NOTHING can change that outlook. People on here will try, but no-one should listen.

I knew you cold never fully admit it AstonBroomes. ;)

astonbroomes

Posted in: AML

Posts: 67

Price: 184.00

Weak Sell

RE: Have no doubt this is another painful period for existing holders.1 Nov 2023 09:47

I can’t believe it was true. Another refinancing in early 2024! And so now the reason for the slow decline from August highs becomes very clear - those on the inside knew very well and C3PO (as much as s/he annoys sometimes), was right even from the Lucid deal announcement months ago

The real risk is a cash raise. Which will take the SP a LOT lower than at any point you wish to choose today.

Kitty's gone quiet.

The name's Bond. Junk Bond. ;)

Glad you finally accepted I was correct.

Are you 'Strider' on the FT?

The bottom line is....

After all the excitement of newly designed cars, higher margins, F1, new marketing (haha), rich owners, the plan has failed, AGAIN.

In 2023 they sold 6,620 cars, in 2022: 6,412. Now they are looking at 6000 sales, after spending huge amounts of cash.

The loss in 2023 was 239.8m, the loss in 2022 was 495.0m

Now AML have more debt than back then, so expect a worse situation than the previous 2 years.

There is absolutely ZERO chance they will make it through the short term without raising more funds to stave off insolvency.

Stop saying the sp could go up or down, we know this.

Buyers won't be holding long, as a cash raise could come any day.

It's the perfect storm....

AML have run up huge bills by creating all new lineup of cars ALL AT ONCE? (Crazy!)

Now they can't sell enough, and are desperate for cash.

They raised another £135m in early August, burning through 2m a day, it won't last long. ESPECIALLY if they can't make many cars to sell.

Incredible that something as simple as a seat supplier could mean a huge cash raise for AML.

Shorters were closing at 117/118 and are now shorting again.

Ig was 10%+ short today, dropped to 5% and now is 8%.

If Recaro (bankruptcy) seats are the supposed problem, AML won't be making many cars.

Https://www.autocar.co.uk/car-news/business-corporate/sports-seat-manufacturer-recaro-files-bankruptcy

AML raised £135m in early August. The burn rate is £2m per day, so they run out of cash in early/mid October.

Kitty, have you sold?

Have you bought Noah, if so, what price?

AML raised £135m in early August. The burn rate is £2m per day, so they run out of cash in early/mid October.

Mwahahaha!

HereKittyKitty

Posted in: AML

Posts: 7,738

Price: 150.60

No Opinion

Dear Helikon Investments3 Jun 2024 11:26

Save yourself from a load of losses before the 🔥 begins

🏎️ 💨 💨 💨

Massive sells going through, everyone knows a cash raise is coming next.

AML raised £135m in early August. The burn rate is £2m per day, so they run out of cash in early/mid October.