Member Info for carpymick

The mystery is solved regarding the teaser from a few days ago. Unfortunately, not the new car that everyone was hoping for :-(
https://www.motor1.com/news/599345/aston-martin-logo-slogan-debut/

Thanks BwanaMakubwa :-)

The RNS talks about UK share holders possibly wanting to transfer their shares to the ASX. Is there a benefit to doing this? I thought there would be tax implications, whereas mine are currently held in an ISA? Wont UK shares increase in value in parallel with ASX share? Hopefully someone with more experience can answer my queries which may also be helpful to other share holders. Thanks

Today's RNS...Invesco have increased their holding from 11.03% to 11.95% which is approx a million shares.

I have to agree with Daviddavid. Unfortunately, my interpretation of the last paragraph of the RNS, is that they are going to fundraise. If this is the case, I don't think it is the fault of AML, but just a run of circumstances working against them. The repeated surges of covid, followed by war in Ukraine, sky high inflation, deteriorating exchange rates and inevitable recession. Just a succession of bad luck scenarios. Only my opinion of course and I hope I'm wrong. Time will tell.

Mercedes initially held 5% which then got reduced via dilutions. The agreement to increase to 20% in exchange for tech, engines etc was to be reached by the allocation of 2 tranches of shares. The first tranches was Dec 2020 bringing Mercedes holding to approx 12% and the deadline for the second tranche of approx 8% is early next year.

10,000 Chinese yuan is only worth £1,217. I doubt that amount will persuade someone to buy an EV if they were thinking of buying an AM.

Yes, that's helpful Icwanderer. Thanks

I have held shares in ALL since March and I am patiently anticipating a good rise in SP over the next few months with the expected resource upgrades, PFS and ASX listing and bids. I fully intend to be a LTH and am therefore hoping that the BOD see the project through to production and do not decide to sell early. There is just one thing that bothers me though and I am hoping someone can provide reassurance...Back on the 8th April, Len Kollf sold all his shares (600k) and people speculated that he needed the money to purchase his option. However, it is now over 2 months later and that hasn't happened. Can anyone shed any light please? Thanks

Mercedes have already had half of the shares they were promised 18 months ago in tranche one. Only another 8% (approximately) needed to make them up to 20%.
Car design is expensive and maybe it does run to circa £200m per car, I really wouldn't know. However this is spread over a period of time and is budgeted for in D&A which is £330m this year and probably similar next year.

You exaggerate everything to make AML look worse C26.
Mercedes already own nearly 12% of AML. So even worst case scenario at today's SP they would only owe approx £75m. They would need to give 8% of shares to mercedes (about 9m shares) multiplied by £8. This is NOT £143m as you state.
The court case they may very well win and get the £15m deposits we are owed.
The money for design of new cars is already budgeted for.

C26 goes on about the court case, but we may win it. Here is the official case from AM for why they took the case to court. They wouldnt take the case if they didnt think they would win. If they do win, they get the £15m back that Nebula wrongfully withheld in deposits.
https://otp.tools.investis.com/clients/uk/astonmartin/rns/regulatory-story.aspx?cid=2424&newsid=1485259

You are right of course MarkPatrick. I do know that really, I'm just having a bit of a rant. C26 did trade the shares at one time when they were in a healthier position.

C26 is hellbent on destroying this company at any cost. I post an article about valkyrie which I think may be of interest to AM FANS and he immediately posts a derogatory article. Every time I post its the same. Then he has the nerve to say he's trying to help people. I compare him to barristers who defend people they know have committed murders. Happy to earn money no matter what the cost to others.

https://www.thedrive.com/news/hear-the-aston-martin-valkyrie-amrs-v12-howl-like-a-90s-f1-car

Motorists should have read motoring journalists

What absolute rubbish atinofpaint. I'm no expert on cars but I obviously know more than you do lol. The AMG V8 is a world leading power unit as proven by the fact it has just been fitted in the DBX707 which is now the fastest luxury SUV in the world. All the motorists rave over the AMG V6.

C26 keeps telling us that a huge insider is selling large amounts of shares every day. Think about this...if they sell 3% of AMs shares, they have to declare by RNS. We haven't received any RNS and there is only C26 who CLAIMS that he sees these huge sales. More stories to instill fear and make people sell so that shorters make more money. All shares are down. Share prices for companies like AM that are not yet in profit always come off worst during these times. It doesn't mean they are going bankrupt.

Hi Chat. The last thing said about DBX variants was by Tobias Moers when he said there the next variant he was looking at would be the plug in hybrid but it would be some time off when the DBX is ready for a refresh. I think he said 2024. He said he wasn't considering any other variants but this may of course change under our new CEO. There was definitely talk some time ago about a 7 seater and a coupe so Felisa may revisit those ideaRegarding the vanquish...I thought it was planned to be mid-engine but you've got me questioning myself now. Its still a while off so doesn't get mentioned much. Perhaps someone else can give a definitive answer on this?

OMG Contrariankiks. I can't believe you have just accused Advocate of contributing nothing. You need to look back at your own post history...talk about the pot calling the kettle black, what a hipocrit!!