Member Info for c2645sg

No sign of Stroll, tells you all you need to know. Dodging the questions.

What a charlatan.

I hope you all voted against him, the guy is treating AML like a football team.

Load it full of debt and take out everything you need.

Cash balance £229m, thats a LOT of cash burned though in Q1, even worse than I thought. Down from £392.4m 3 months ago = £163m BURNED in 3 MONTHS!!!!!

Cash raise imminent.

26% decline in sales

10% decline in revenue

NET DEBT UP 20% from 868m to 1044m!!!!!!

UK sales down 30%

US sales down 35%

SUV SALES DOWN 63%.

Loss after tax DOUBLES from Q1 last year (2023)

FCF OUTFLOW DOUBLES from Q1 last year from 118 to 190m.

one hundred and nighty million burned through in 3 months!!!!!

£229 cash left, you know why they had to extended the revolving credit facility (more debt) by £100m, because they are going to need every penny of it.

Cash balance £229m, thats a LOT of cash burned though in Q1, even worse than I thought. Down from £392.4m 3 months ago = £163m BURNED in 3 MONTHS!!!!!

Cash raise imminent.

26% decline in sales

10% decline in revenue

NET DEBT UP 20% from 868m to 1044m!!!!!!

UK sales down 30%

US sales down 35%

SUV SALES DOWN 63%.

Loss after tax DOUBLES from Q1 last year (2023)

FCF OUTFLOW DOUBLES from Q1 last year from 118 to 190m.

one hundred and nighty million burned through in 3 months!!!!!

£229 cash left, you know why they had to extended the revolving credit facility (more debt) by £100m, because they are going to need every penny of it.

Massacred.

Can't wait to hear Stroll today, get the kettle on Larry.

You lose money because you ignore the people who know what they are talking about and listen to idiots instead.

If it breaks 145p support, then it's heading to £1.

395m in cash INCLUDES a 170m revolving credit facility, that's DEBT THAT NEEDS PAID OFF.

Cash in hand is only £225m

Https://www.investing.com/news/stock-market-news/aston-martin-posts-biggerthanexpected-quarterly-loss-3409191

Interesting TinyPie, the only thing you can talk about is Jam Tomorrow. The promise that it gets better, SAME STORY EVERY RESULTS DAY!

You can talk about no single metric because they are all worse than before.

Apart from Margin because of the Valkyrie sales. They are ending soon.

People are pulling a LOT of deposits, is that for Valhalla?

"Following our successful refinancing in Q1'24, we now expect net cash interest of c. £120m in FY24[1]. Depreciation and amortisation forecast remains at c. £400m in FY24."

So refinancing the debt and still paying £120m per year in interest.

From full year 2023 report: "Net cash interest payments of £109m"

Debt interest costs MORE THAN 2023!

I hope AML007 reads this bit......

So much for the new debt paying for all the old debt like he prattled on about.

"As announced in March 2024, the proceeds from the offering of the notes, TOGETHER WITH CASH ON THE BALANCE SHEET, were used to redeem in full the existing senior secured notes and second lien split coupon notes, to repay in full the borrowings under the previous revolving credit facility and make the early interest payment in March that was due in April 2024."

Oh dear!

Cash balance £229m, thats a LOT of cash burned though in Q1, even worse than I thought. Down from £392.4m 3 months ago = £163m BURNED in 3 MONTHS!!!!!

Cash raise imminent.

26% decline in sales

10% decline in revenue

NET DEBT UP 20% from 868m to 1044m!!!!!!

UK sales down 30%

US sales down 35%

SUV SALES DOWN 63%.

Loss after tax DOUBLES from Q1 last year (2023)

FCF OUTFLOW DOUBLES from Q1 last year from 118 to 190m.

one hundred and nighty million burned through in 3 months!!!!!

£229 cash left, you know why they had to extended the revolving credit facility (more debt) by £100m, because they are going to need every penny of it.

You can minds now too?

NO-one on a BB can move a ftse250 listed company, least of all you.

Oh dear, in the 140s to sell now and out roll the multiple IDs to try and save it.

It won't work, the numbers tomorrow will speak for themselves, and everyone knows that the figures are massaged to be as decent as they can make them.

Don't worry deepjoy, you're not the first fool to post here, get thoroughly shown up, and slip out the back door shouting conspiracy theories as you go.

Amazing when idiots get proven wrong, they scream falsehoods. Completely inability to think rationally and admit they are wrong.

I never said people should only listen to me, they sure as hell shouldn't listen to some 2 bit gambler who quotes falsehoods and lies.

As you were.

Another one who thinks he knows better...

Vanquished

Posted in: AML

Posts: 14

Price: 306.00

Buy

Sell-off18 Sep 2023 12:43

All the more for me.

Https://cdn.ferrari.com/cms/network/media/pdf/2024_02_01%20-%20Ferrari%20-%20FY%202023%20Results%20Presentation.pdf

Full year 2023, PAGE 9. revenues......

Cars and spare parts - 5190m

Sponshorshop, commercial & brand (including all Merch) - 577m

They have even highlighted it in red and yellow

I guess you are devoid of critical thinking and ability to read a balance sheet, and rely on dodgy third person blogs for your information instead.

Proof that no-one should listen to a word you say.

I have taken the figures from the link YOU posted. You can copy and paste from any 2 -bit website you choose (without a link).

Officially from Ferrari for Q1 2023, revenue for cars: 1241, revenue from sponsorship, commercial and brand (which includes all merch from F1) 130.

TEN TIMES AS MUCH FROM CARS AS MERCH.

I am chilled thanks very much, just happy to point out your ramping and lies.

No anger here, just correcting all the nonsense posted.

Are you not answering me on brand value?

The link you posted was 2023, keep up old boy.

Deepjoy, do you enjoy posting links to destroy your own argument?

Revenues from cars: 1241

Revenues from sponsorship, commercial and brand: 130.

You claimed Ferrari made more in merch than cars, what a clown.

Clown.