Member Info for carpymick

See if this link works
https://youtu.be/xvBszWXLqCE

Thank you Richard. I don't want to spoil it for everyone so will just say...OMG!!!

There's no danger of C26 blocking you CC. He has to see everybody's posts so that if they are positive he has the opportunity to undermine them with a negative. One point he made about the bonds, I have argued before could work in our favour. C26 has regularly intimated that he thinks the high interest bonds may be owned by Stroll and his close friends. He thinks this because ownership has never been disclosed and who knows maybe he could be right. But C26 also regularly tells us that the bonds cannot be re-negotiated until 2024/25, a year before they end. Now he cant have it both ways! If Stroll and Co are indeed the owners of the bonds, then surely it is within their gift to re-negotiate the bond agreements and agree a better interest rate whenever they want to! If they feel this is necessary for the good of the company I am sure they will do so, and I am sure it would have a positive effect on the share price. Therefore, if they do own the bonds, it is a POSITIVE for the company. And OK, they charged high interest at the time the loans were made, but we were classed as high risk (junk), so the high interest was their insurance.

I don't agree. This is far more difficult than Russia expected, both militarily and economically. Sadly, with their overpowering forces, I expect they will overcome Ukraine eventually, but I think the cost to Russia will have been so great that they will stop at that. We don't really know whether you or I will be correct on this, so let's just leave it at that. However, for everyone's sake, I hope that I am right.

C26, I am sure that China will have learned a lesson from the Ukraine invasion and will have dismissed the idea of invading Taiwan. They have now seen how the West reacts to such an invasionn and the economic implications for the aggressor. China values its economy way to much to risk having the kind of sanctions that Russia has had imposed.

Stille is right, CC didn't ramp AML. He was way down on his initial investment and when the price crashed and kept buying more to average down before eventually selling at a profit. At no time do I remember him ramping the share. Also, he didn't ramp BPC, he told people about the investment opportunity, but was very honest about its likelihood of success saying that it was high risk. I remember because I considered it myself but I didn't invest because I thought it was too risky. C26 is trying to undermine CC just because he is positive about AML.

That's a good price CC, well done. My son bought a few extra this morning too @ £9.23. Hopefully you'll make up your order tomorrow and then they can start going back up again lol.

Total sales for AM to Russia and Ukrain are less than 1% of total sales, therefore impact on business will be very minimal.
https://www.reuters.com/business/uk-welcomes-jaguar-land-rover-pause-selling-russia-2022-03-01/

Very nice CarsCoffee. I have total confidece in any cars launched under TM, so I have no doubt it is a lovely thing...you're a very lucky man :-) The publicity wont do us any harm when they do the public launch, showing the best of what AML are capable of building. I'll look forward to seeing it. I hope you get a good price tomorrow.

It will be good to have you back on board CarsCoffee. I never thought the shares would get this low but I continue to hold with confidence that the SP will soon start to climb again. 85% of the total shares are held by insiders and institutions so there could easily come a point when the supply of shares no longer meets demand. All it needs is a small increase in popularity and once the 707 test drives start hitting Utube that may be the catalyst needed to get people buying our shares. The SP could then rise quite quickly due to Iack of supply. I totally agree with you that we will outperform in 22/23 with the 707 and the reworked sports cars not to mention the straight 6 in China, vantage V12 and income from valkyrie. I also think our sports car sales will balloon next year, having seen the success of the vantage f1. So this year I expect company performance to really take off and to accelerate even further next year. I would say that now is the ideal time to get back in at these prices. :-)

It's actually a shame that Stroll did the conversion. If he'd left this as a penny share loads of people would be buying in now at 45p whereas at £9 it's not as attractive because they don't get as many shares for their money.

I agree Gkerr. Nobody does appear to be selling. 3 times as many bought as sold according to LSE. What are MMs playing at...45p in old money!!!

Car leasing makes good business sense, opening up sales to a whole new market of buyers. People who don't have £200K to spend on a car can consider leasing. Then there is also the company car scheme...I'm sure lots of senior executives would like to be driving around in an AM. Then you've got to think that you make money twice over...firstly with the leasing when you get the deposit and monthly payments and secondly at the end of the lease when the person either pays the balance or hands the car back at which point we sell it again as a used vehicle and they start again with another lease agreement. Long term this makes excellent business sense and will sell us many more cars. The majority of our current buyers are loaded and will continue to buy their cars outright, but this definitely opens it up to people with less money. I bet there are even a few people reading this now and thinking that they could afford one on these terms.

LOL...Do your own homework C26.

I'm pleased you have agreed I am correct C26. However, you seem to be under the illusion that I agreed with you. WRONG... I was explaining why the interest payments had increased between 2020 and 2021 which was NOT due to the interest rates on the loans increasing. They are fixed rates.

Interest payments went up between 2020 and 2021 because the loans were refinanced at the end of 2020 for significantly higher interest rates. Also, an additional loan was taken out early 2021. The loans were refinanced because they were at the end of term and unfortunately our loan rating was classed as high risk ( junk) because the company was performing poorly at the time hence the high interest rates.

Well spotted Swiss. That was well hidden and it looks very much like an £8m buy to me because the SP rose steeply from a few minutes prior to the deal going through, up to COB.

They come up with one story after another langder, it's unbelievable. They all seem to work together too, we'll hear the same thing from karenable and FT next. What will they come up with next lol.

Hi "Langder" lol, its great to have you back again and thanks for clarifying the price drop on results day. What a week we've had...I was expecting positive movement with the share and look what happened. It certainly has gone from bad to worse but we shouldn't complain...at least we're not in Ukraine!

Has anyone noticed that the dow jones actually ended the day in the green. Americans amaze me lol.