Member Info for carpymick

New CFO will join us on 1st May and outgoing CFO Gregor will stay on with him until 30th June...see today's RNS.

With Aramco

I agree our car looks stunning. Crofty talked at length this morning about the huge potential of aston martin. He talked about the huge investment that Stroll has made Somerton sponsors we have on board and the excellent partnership we have made with . He said he can definitely see us being the next Red Bull. It was great to hear him being so complimentary. As fo C26...his last post is just more of his repetitive regurgitating verbal garbage! His credibility is zero, as we have known for a long time, but 007s posts provide the evidence to prove it. DO NOT pay any attention to him he is de-ramping the share and trying to get people to sell or put them off buying.

Absolute garbage about the recall C26. There's been no recall any you know it otherwise you'd provide the evidence. Also, please provide karenable link...I haven't seen that article.

After hours yesterday, we had a sale for over £1m plus 2 other large sales. The 3 sales totalled £1.5m :-)

Old news, they increased 2 days ago before the SP rose yesterday. The shorts will close as soon as we get some good news and the SP starts to rebound. When they have to buy shares to close their positions it will just fuel the rise further. We have the vantage V12 launch and the DBX 707 Utube test drives coming up very soon :-)

We delivered our first helicopter yesterday. A bit more revenue for the company :-)
https://www.traveldailynews.asia/airbus-delivers-first-ach130-aston-martin-edition-helicopte

As expected,C26 is completely negative about our SP rising!! Some shares do still rise even if there is a recession C26, and AML is building momentum in its recovery plan. This year we will make strong improvements in sales/ revenue leading to steeper improvements next year and even in your own words, '2024 is another ballgame'. The City, looks ahead as you know, so I agree with Daviddavid and believe the SP will be well ahead of the Mercedes £12.60 price by early 2023. And hopefully, for the sake of all those poor Ukranians, the war will be over well before then and oil/ gas prices will be stabilising.

A great start today. Everything is green. We deserve a good day with all the good news that is coming over the hill for AML Vantage V12 launch in the next week or so and soon after we should be getting all the DBX 707 test drives on Utube by all the car mags (-:

Nice to see us in the green today especially when the ftse is down. Perhaps we've hit bottom and this is a change in the tides?

All we need is a glimmer of hope that this war is going to end and all the shorts will close. I hope for that far more for the sake of the poor Ukrainians than the share price.

6600 car sales!

Mike...Also I would add that Stroll has delivered everything he said he would. The onlyvthing he's guilty of is beingca bit late on a couple of things. I think he's learnt his lesson on that score and is under promising this year. I expect him to significantly over deliver on the 3600 car sales.

Mike...even C26 (the most negative person on this BB) was positive yesterday about 2024. He said we will lose £200+ m this year, 20 to 70m next year but 2024 will be a whole different ballgame with the new cars. I happen to be more positive than C26, but even using his worst case scenario figures, we get through to 2024 making a profit and without having to cash raise because we would still have £150m cash left. The shares have gone down since the results because there's a war which has affected all markets.

Here's some more income we'll be receiving.
https://carbuzz.com/news/aston-martins-baby-db5-is-a-14-hp-track-toy

Yes I do hope the sports/ GT are launched early in 23. Any share holder would because we want the best for the company unlike you. And I agree that none of this is fact, I never said it was! I am speculating...nobody knows how many cars we are going to sell in the future! Stroll thinks we will be cash positive in 23 and he knows more about what is happening in the company than we do. I have shown how it is possible with figures that are achievable. If the vanquish doesn't launch until 24, it's still doeable.

C26, I was deliberately Conservative with my numbers so that you didn't start calling me a ramper. However, numbers are easy to play with and it's an easy task to show how we could be cash positive in 2023.
To begin with, Lurkio has corrected me on the V12 figures which mean I should have shown an additional £12m profit (thanks Lurkio).
DBX707...I actually think we could easily sell an extra 1000 rather than 500. The extra 500 gives us another £44m!
Sports/GT...following next year's rework, I would not be surprised to see our sales surge from 2000 to 4000 a year. If the cars come in at an average price of £150k ( conservative guesstimate) that's 2000 extra cars x 150k x 40% = £120m.
Plus 2000 cars making 20% more profit than before = £60m
So, I have very easily increased the profit by another **** £236 MILLION ****!!! Now you'll call me a ramper, but can you honestly say these figures are unrealistic? I don't think so. I still haven't included an addition for the China straight 6 either, which is likely to be significant.

I would have replied sooner but have been at hospital for the last 3 hours with my 91 year old mother for one of her many appointments!!
I can't give figures for 2023 because I don't know the prices for the reworked sports/GT or the vanquish. However, I think we'll get closer to cash positive this year and my workings are as follows:
Last year our debt increased by £165m but this year we know our CAPEX is increasing by £115m. So if everything else remains constant we would expect to lose about £280m this year. HOWEVER, things are not remaining constant. Firstly there's the income from valkyrie @ circa £2m per vehicle. We are expected to sell between 75 and 90, so if we say 75 x £2m that's £150m. Less 10 valkyrie that we sold in 2021, so that's £130m exta on last year x 20% profit = £26m. Note: Many of these costs have probably been incurred over the last few years so I expectcthe profit will actually be well above 20%
Then we have the new DBX707...we don't know how many we are going to sell but if we went on the low side and said 500 extra vehicles so 3500 in total. And if we say 50% are 707s. We know the 707 is making at least 40% profit and the basic price is £189k. The vast majority of customers pay for extras so let's say £220k average price. So there are 500 extra x £220k x 40% = £44m. Plus there are another 1,250 DBX707s making 40% profit instead of 20%, so 1,250 x £220k x 20% = £55m
So DBX could earn approx £99m extra this year and I haven't taken into account any extra sales generated by the straight 6.
Then we have the vantage V12. Again I don't know the price but it will be significantly more than a normal vantage and I expect the majority will also go through Q, so I'll take a guess at £200k. So 299 x £200k x 40% = £24m.
So we have £26m valkyrie + £99m DBX + £24m V12 = £149m. See 'Note' above for valkyrie.
Admittedly that will leave us losing £130m this year, but next year we have the addition of the reworked sports/GT and vanquish. The only thing we wont have from 2022 is the V12 but that will be more than cancelled out by vanquish. You have to accept that Horizon has also made lots of efficiency savings that are only just taking effect this year and will increase our profit margin Also, Stroll says he will pay down or renegotiate some of the higher interest debt in 2023. I am taking him at his word so expecting interest payments to reduce rather than increase. Also it maybe that CAPEX is particularly high this year, I would be surprised if it isnt, considering all the new cars about to come out. So it may be back much lower in 23. And yes, inflation is causing costs to go up but these increases will be added to the price of the cars. You have again said the bonds are not negotiable but it was only 3 or 4 days ago that you intimated Stroll and his mates owned them in which case they can do what they want with them! You also bang on about the cost of fuel but our customers don't tend to watch the price of a litre of petro

With all the new cars in the pipeline I think it's very easy to see how we will become cash positive next year.
We have just launched the DBX straight 6, and the DBX 707. The vantage V12 is at the end of the year and apparently sold out. Sports/GT reworked next year and apparently the vanquish also making a comeback in 23. Throughout 22/23 we will also have the significant income from valkyrie.
https://www.bnnbloomberg.ca/aston-martin-s-billionaire-chairman-wants-to-pay-down-carmaker-s-debt-1.1721441

Realistic22022...Please provide the link saying City experts are suggesting exports to China may be halted.

C26/22022...We have enough cash to last us through the next couple of years until we become cash positive which we expect to do next year. There is no need for anyone to panic. .