Member Info for c2645sg

Let's see if support holds at 128p.

If it goes, it's heading towards £1.

Good to see confirmation of what else I have been saying. Taking up the £170m credit line just adds to debt, at end of Q2 debt will be up to £1.17 BILLION.

Q2 going to be horrific.

Was just about to post that.

I still think cash burn will be worse than that in Q2, more like £150m. I've been saying it all along, they are running out of cash RAPIDLY.

For Q2, Jefferies estimates Aston Martin will produce 1,010 units, generating revenue of £270 million, with an EBITDA of £24.6 million, reflecting a 9.1% margin. Adjusted EBIT is expected to be negative £69 million, with FCF at negative £125 million, and net debt at £1,170 million.

Wildtiger

Posted in: AML

Posts: 2,281

Price: 136.60

No Opinion

Bought a starter7 May 2024 22:28

This looks undervalued, bought a starter at 138p

Where you at, Deepjoy?

Staring at tea-leaves wondering why you're losing money, again? ;)

Support at 148 eh Deepjoy....

TheAnswerIsNo, do you bring anything useful to this discussion? Pathetic.

Be wary of this poster Deepjoy, check their posting history: So many recent posts on companies who have been suspended/delisted or gone belly up.

If everything is going so well, why is the share price down from 1.66 to 1.47 in a week?

Support at 1.48 broken I see. What do traders do now Deepjoy? ;)

What happens to support lines for traders if they run out of cash and have to raise more?

People feel the same way about all your ramping in multi IDs.

Hence why I am here to refute it.

Share price dropping again, wonder what the low will be this time....

I am still hearing of big problems in the DB12, and those problems are gong to be mirrored across the entire core AML range soon.

"Late summer 2024" for DBX, let's call that October, nightmare.

As if they are going to be cash flow positive with 3 months of new cars and their problems...

Also, ANOTHER price hike (DBX), when luxury goods are struggling in a cost of living crisis, and your software is dodgy)

Bravo Larry!

£229.6 million cash left at end of Q1.

Q1 cash burn was £192.4m.

Q2 cash burn due to be £150m, but old models have ceased production and new models are not ready yet, so that will be worse than expected.

Therefore an absolute MAXIMUM of £79m left in 2 weeks, not enough to cover all liabilities.

Https://www.fool.co.uk/2024/06/12/down-44-in-a-year-heres-why-the-aston-martin-share-price-could-keep-struggling/

Amazing how many people answer for others on here. I reckon most IDs are the same person.

You got proof Noah, or just hearsay?

You always know when Noah is talking BS because he does the 'log off' thing and runs away like a 4 year old, whenever challenged.

Link to Vantage deliveries in Q3 please?

Otherwise, you're just making it up....again....

LS said AML wold be cash flow positive in 2023.

He also said they didn't need any more cash while raising £650m from shareholders.

Why would anyone believe anything he says?

Still no mention of when new models are released, any later than Q3 and they are in REAL trouble.

Q2 will be horrendous, worst than expected, imho.

No old cars being sold, new ones not ready for sale yet. Nightmare for a company who makes hefty losses selling cars, NOT being able to sell many cars at all.

Cash raise almost a definite now, £79m will be burned through in a matter of weeks.

£229.6 million cash left at end of Q1.

Q1 cash burn was £192.4m.

Q2 cash burn due to be £150m, but old models have ceased production and new models are not ready yet, so that will be worse than expected.

Therefore an absolute MAXIMUM of £79m left in 2/3 weeks, not enough to cover all liabilities.

Was this recent rise to enable a cash raise?

Please be especially wary of this clown: Deepjoy.

Look through his last few pages of posts, so many companies he has 'invested' in and ramped have gone belly up/suspended etc.

To name a few....

RECI.L

LIO.L

BIDS.L

SHG.L

TIDE.L

PODP.L

JET2.L

SHG.L

You can accurately calculate the cash position, because the £170m credit facility IS NOT CASH!

It's a credit card.

Every time you argue otherwise, I'll remind everyone of the actual cash position:

£229.6 million cash left at end of Q1. Q1 cash burn was £192.4m. Q2 cash burn due to be £150m, but now no old cars being produced at all, so will be worse.Therefore an absolute maximum of £79m left in 3 weeks, not enough to cover all liabilities

It's not deramping, it's FACT!

https://www.kba.de/DE/Presse/Pressemitteilungen/Fahrzeugzulassungen/2024/pm18_2024_n_05_24_pm_komplett.html?snn=3662144&fromStatistic=3504038&yearFilter=2024&monthFilter=05_Mai

AML sales DOWN by 51.7% compared to May 23

AML sales DOWN by 32.5% compared to YTD 2023