Member Info for c2645sg

"Let me be crystal-clear, black-and-white: we do not need money"

"Aston Martin is pleased to announce the successful private placement of senior secured notes totaling approximately £135 million"

It's embarrassing calling cash raises so closely, while all you muppets throw good money after bad, you only have yourself to blame.

Abuse away, most of you are filtered anyway, haha.

Have a lovely day folks.

Support is 135p, for now....

Shorts are on the increase once again.

https://www.lse.co.uk/ShareShortPositions.html?shareprice=AML&share=Aston-Martin-Lagonda

Https://www.investorschronicle.co.uk/content/e84e2c7e-1efb-514c-9d19-a103ba0cd657

Oh, for the confidence of an Aston Martin Lagonda (AML) investor. The maker of luxury sports cars has raised the thick end of £1bn from new and existing shareholders in a little under two years, yet its half-year results show that it is still racking up substantial losses and its net debt is almost as high as when it started, at around £1.2bn.

The sticking point, however, remains its substantial cash burn. Aston Martin recorded a free cash outflow of £313mn during the first half, which included £200mn of capex on its “future product pipeline” and a working capital spend of £119mn.

Executive chair Lawrence Stroll argued that Aston Martin’s new models would support “volume growth and sustainable free cash flow generation later this year”, and the shares jumped by 10 per cent.

It’s admirable that he’s made this pledge, but to be frank we’ll believe it when we see it. We’ve argued for some time Aston Martin will only be worthy of a reassessment once the company starts to generate meaningful free cash flow. Until then, the risk of further dilution remains. Sell.

Https://ssoreport.com/aml-1st-half-2024-results

Well done. Shame you are not very good at predicting share prices though.

Which is what this is all about at the end of the day.

TheDuke2

Posted in: AML

Posts: 35

Price: 349.20

No Opinion

RE: Aston Martin expected to post second quarter profits of £41m19 Jul 2023 09:35

Looks like double good news this morning: UK inflation coming down and lifting the stock market wholesale plus Goldman Sachs providing an update and raising AML to a Buy with a target of 412 pence.

AML up 5.5% this morning to 349p as I type.

Lets see what the 1H23 results will be next week, but in my opinion the future looks bright for AML and for long term investors.

TheDuke2

Posted in: AML

Posts: 35

Price: 259.50

Hold

RE: Recovery is on here14 Mar 2023 14:20

I'm upbeat about AML and I expect a sideway movement of the shareprice in the £2.40 to £3.00 range over the next 2 months.

By the way I did top up yesterday after calling the fall back to £2.40 (see my post last week).

I predict a sideway movement until early May when AML will be publishing their 1Q23 results. I expect upward movements if F1 goes well, but this would most likely driven by enthusiastic retail investors and not institutional investors. I see limited downward pressure at this point in time, but will wait for the 1Q23 results in May

Tony, if you had listened to me rather than believe the idiots on here you wouldn't be well down on your gamble/investment.

On IG, shorts as high as I have seen @ 11%.

Last hour 100% Sells

Today 77% Sells

This week 68% Sells

This month 57% Sells

And the share price is up 10% ;)

Units sold: 1,062 consensus average estimate, 1,053 actual ………MISS

Gross profit: consensus average estimate 110m, actual 99.7m……….MISS

Adjusted ebit consensus average estimate -65m, actual-57.1m… …...MISS

Net revenue consensus average estimate 295m, actual 267.7m…......MISS

EBITDA margin consensus average estimate 8.6% , actual 7.4%…......MISS

FCF consensus average estimate -111m, was -313m:……………...HUGE MISS!

Capex consensus average estimate -85m, was -200 million…….....HUGE MISS.

The original strategic objective was to increase deliveries to 10,000 cars a year by 2024/2025, and achieve £2bn in revenue and £500m in EBITDA.

10,000 cars is now 7,000 and even that is now in serious danger.

£2bn revenue is £1.2bn

£500m EBITDA is £125m.

Imagine trusting this snake-oil salesman.

He's good at making money from other people's enterprise, but useless when he tries to run a business himself, aka putting Asprey and Garard into liquidation, AML now going same way.

How can a car be 'sold out' when it's supposed to be built to order?

Https://fortune.com/europe/2024/07/24/britains-aston-martin-losses-widen-suv-sales-slump-james-bond-f1-formula-one/

Remember. the original strategic objective was to increase deliveries to 10,000 cars a year by 2024/2025.

AML have sold 1998 cars in 6 months.

Another metric that Stroll has failed to meet. HIS OWN metric, no less.

Good to know you only pretended to filter me because you do not have the capacity to go toe to toe with me :)

Https://www.cnbc.com/2024/07/24/worlds-largest-luxury-group-lvmh-slumps-5percent-after-reporting-revenue-miss.html

Cash 230m end of Q1

Cash balance £172.7m at end of Q2, but £100m of that is the credit line. Subtract that and you are left with £72m.

£230m - £72m = cash burn of £158m in 3 months.

Unsustainable.

I was bang on with cash levels, hence why they needed the credit line of £170m to keep the lights on.

sales collapse:

america -40%

uk -34%

europe -19%

apac -36%

dbx sales down 67%!!!!!

sports/gt: no change from q1. db12 sales are flat compared to db11, it's been on sale for more than 6 months now. why no increase in sales numbers, maybe the price increase when the world is reeling in spending.

aml have alienated their current customers, now the new target audience are not buying, nightmare. increasing prices when governments need to cool spending has been a terrible decision, and these numbers show it. all that money wasted on awful marketing and sales are down everywhere. f1 sponsorship is really helping huh?

db12 sales are flat, dbx down 2/3rds and aml still expect to sell 5000 cars in h2?

utterly deluded, laughable.

people buying shares today are taking a huge risk that sales will *****uple in 6 months when the db12 sales are flat and not going anywhere.

changing models is a smokescreen for terrible business decisions and falling sales.

larry gets rid of another ceo scapegoat, refuses to budge on his overseeing and makes more terrible decisions. and shareholders continue to vote for this utter fool.

Https://www.ft.com/content/bdadd230-8672-4d88-990a-fd573a10057

LVMH led a sell-off in global luxury stocks on Wednesday after the industry bellwether reported slower than expected sales from shoppers reining in spending on champagne and handbags.

Other luxury stocks also declined as investors worried about demand from Chinese consumers and the outlook for a sector that is slowing down after several years of record growth.

Stroll promised to be cash free positive in 2023 you berk.

Numbers ahead of expectations, utterly deluded. Net debt of £1.2bn is ahead of expectations more like.

So they have used £100m out of the £170m credit line they opened in Q1, ALREADY!

Cash balance £172.7m

Available facilities: £74.1m

Total cash and available facilities ("liquidity")

£246.8m