Member Info for c2645sg

All DB12s in quarantine waiting for software upgrade.

Remember this in the Q3 earnings call?

Didn't happen did it?

'In line with the announcement in July, our objective is to repay the second lien in full. In November we will be redeeming 50% of the outstanding second lien notes and beyond that, we intend to undertake a fulsome refinancing exercise during the first half of 2024.'

Banks will be making saure they get they pay day for any refinancing of £1.2bn in debt. Early repayment charges, high interest rate to reflect the risk, AML are losing hundreds of millions per year.

Bond holders want their 10.5%.

How can a company losing even say £200m per year get better financing terms on a 1.2bn loan which costs them well over 120m per annum in interest they can't afford?

Banks aint dumb, AML are in a considerably worse condition than when Stroll took over (same financials, spunking cash up against a wall, but the macro economy is worse now than the 0% interest rates the original bonds were negotiated at).

They'll need a huge cash balance as collateral, guess who foots the bill for that? Shareholders.

The only time AML is a buy, right after a fundraise.

Https://www.standard.co.uk/business/aston-martin-in-talks-to-tackle-1-1-billion-debt-pile-b1138720.html

The loss-making British luxury car-maker is seeking to refinance at a tumultuous time in debt markets following the surge in interest rates and uncertainty around rate cuts. Talks are set to focus on a $1.1 billion bond that’s maturing in November next year, with 10.5% coupon puts the company on the hook for payments of $120 million annually.

Https://de.finance.yahoo.com/news/aston-martin-sees-no-recessionary-mood-from-clients-f1-team-poised-to-improve-billionaire-owner-says-210216095.html

Valhalla 'next year' in 2025 like I have always said.

Straight from Stroll's mouth.

Https://www.bnnbloomberg.ca/aston-martin-is-in-talks-to-tackle-1-4-billion-debt-pile-1.2033873

Noah, name me one company with high PE and low turnover..!

Https://www.youtube.com/watch?v=o-elqpThxg8

SirePaul, indeed, AML are on record for saying they need £2bn over the next 5 years for electrification.

EBITDA is a terrible metric, only terrible companies use it to try to obfuscate.

Https://karenable.com/update-aston-martin-time-for-a-new-ceo/

Wise words Edward.

The only reason it isn’t private is so they can raise money from shareholders.

And shareholders are too dumb to realise what’s happening to their holding and actually defend Stroll. Stroll is laughing in their face.

At least I know how to use an apostrophe.

Evidence of F1 not helping vehicle sales, is the sales figures are almost idenntical to before Aston 'ventured' into F1.

In fact sports cars are worse, the DBX has saved the company, and even that has undershot ALL projections.

Stroll is destroying the brand with ultra luxury & F1 nonsense. Good luck trying to compete with Ferrari for the young buyers.

Your average can't be that great if you don't want to discuss it, but are happy arguing against facts.

The share price is ALL the evidence you need.

You'll be right, crack on.... top up time for Chesil!

Whats your average here Chesil?

It's not working very well though is it?

Sales are still struggling, AML are loading US dealers full of cars, and AM has been in F1 since 2021 and sales are, well.... flatlining at best.

In fact the loss before tax is higher now than it was when Stroll took over.

Filter me. Simple.

Like yourself.

It’s your fault you are losing money here, and now you want to censor an opinion and stop everyone else from hearing news which could save them money.

I know exactly what I think of people like you.

Yeah 2slow, because those last 2 posts of yours were pure quality weren’t they?

Skidder, I don’t tell you how to post, so kindly do the same for me.

Filtered, so don’t bother calling me other names from yet another pseudonym, it’s so obvious you are the same poster banned from other IDs.

Some people are so dumb they just want to hear the positives and lambast any other opinion. Non. Sense.

Https://www.fool.co.uk/2024/02/07/should-i-buy-aston-martin-shares-as-the-ftse-250-firm-seeks-a-new-ceo/

https://www.thetruthaboutcars.com/cars/news-blog/report-aston-martin-seeking-fourth-ceo-in-four-years-44505022

Proof that Stroll has no clue.

4 years and the company is still a mess.

On appointing Felisa, Lawrence Stroll told Reuters: “Nobody knows how to make ultra-luxury performance cars better than Amedeo. He saw the movie, he wrote the script.”

What's your AML pot average Paul?

Fluke, haha.

I take it none of your buddies at Kingham are returning your emails?

Funny you how claim to haver an inside line and never come up with anything useful.

And don't mention Lucid, PIF owning them was the most obvious news out there.

Let's test you out, heard anything about a cash raise?