Member Info for carpymick

Sales of DBX reduced because they were preparing the factory for the production of the new DBX707. This was explained in the Q1 results. Also there was a shipment of 200 DBX to China that missed being counted by a matter of days. DBX orders are now 60% up on last year due to the high demand for the 707.
Turning to the sports/GT models...we know these sales are reduced and we know that the reason why is because they are aged and about to be renewed. They are undergoing a total refresh for next year, including the long awaited new infotainment system. It is this refresh that I expect us to get our biggest sales increase from.

C26, the calculation of profit is Sales minus direct cost of sales which is made up of staff wages, transportation costs and raw materials. I do not have those figures as you very well know, but Stroll and Gregor do, which is how THEY have calculated that all their new vehicles are making at least 40% profit. My calculation is then a very simplistic percentage of revenue ie. sales. £2bn x 40% = £800m. From that you can take away £195m debt and £330m D&A (notice I've gone for the top end) and you are left with £225m profit less some tax. You go on and on about increasing costs of materials and transport etc, but these will be passed on to the customers by increasing the price of the cars. We are not in a business like Aldi where our customers are struggling to pay an extra 10% increase in price. The majority of our customers are very wealthy and don't worry about paying a few thousand pounds extra for their car. If they want something, they are going to have it.

When Stroll set his mid-term targets of 10,000 cars, £2bn turnover and £500m EBITDA, the profit margin on each car was only twenty odd % whereas it has now increased to over 40% on all new cars following the work of Project Horizon. By next year all the cars will be new and earning the uprated 40%+ with some earning as high as 50%. This completely revises the EBITDA target IMO and I would expect the £2bn revenue to be earning more like £800m+ EBITDA. Stroll doesnt revise his targets because he likes to under promise and over deliver. This will make the debt repayments easily manageable with money to repay the loans quite quickly and we are only 2 years away from this position. Yes, we know that we have a bumpy road ahead but things will improve. Recessions come and go, as do wars and dictators. One BIG positive for us is that China is re-opening and our market there will be back up to speed very soon. Stay positive and don't let C26 wear you down.

https://www.cnbc.com/2022/05/30/beijing-shanghai-start-to-reopen-as-covid-cases-drop.html

Bad flaw is another shorter but at least he admits it unlike C26. Rather than taking notice of what he says, consider all the positives as below.
Positives that we know about:-
1. DBX straight 6 ready for sale into Chinese Market when lockdowns are lifted.
2. DBX707 now in production, orders are 60% up on this time last year!
3. Vantage V12...total sellout of 333 cars with basic price of £265K before add-ons.
4. Vantage V12 roadster...expected.
5. Valkyrie in production and being delivered to customers...price £2.5 million basic!
5. Sports/GT to be totally reworked and ready for early 2023.
6. Valhalla...limited edition of roughly 900 priced at basic of £700K due late 2023.
7. Mid-engine vanquish core model due for release 2024.
8. More orders coming in for AM helicopter.
9. AM motor bikes (Superbikes) recently started being delivered. 100 bikes priced at £108K each.
10. Aston Martin condominiums in Miami due for completion end of this year. 391 condos on sale now, priced at between £4.2 million and £59million each! The average price is £18m!!!
Lawrence Stroll has promised a rolling programme of specials moving forward, which all demand premium prices. Also please note that starting with the DBX707, all cars will have at least a 40% profit margin and some will be as high as 50%. Prior to Lawrence taking control the margin was only about 20%.

I get what you're saying about the time factor Lurkio. Everything comes down to timing at the end of the day. We wouldn't be where we are if it wasn't for the pandemic going on for so long and now that tyrant Putin trying to cause WW3. However, the way I understand it (not that I'm an expert), a collapsing SP doesn't directly cause a company to go bust. It just means that the company isn't very popular with the public. The only way a collapsed SP can cause bankruptcy is indirectly when a company needs to cash raise to survive and this becomes more difficult. We're not currently in that position. We have solid order books and if China's lockdowns persist we can simply reallocate resources to meeting orders for the other countries until China re-opens. Our revenue for this year should therefore still increase as forecast. And you never know we may get lucky and China will lift their lockdowns in the near future and Putin will be overthrown...we need to stay positive. Also, I have to say that with regard to SP, we're no different to any other recovering company that is not currently in profit - they have all suffered especially badly during this bear market.

C26 and aliases continually repeat the same negatives over and over and has the neve to call anyone who is positive a ramper. Well I think it's time I point out a few positives to everyone.

Positives that we know about:-
1. DBX straight 6 ready for sale into Chinese Market when lockdowns are lifted.
2. DBX707 now in production, orders are 60% up on this time last year!
3. Vantage V12...total sellout of 333 cars with basic price of £265K before add-ons.
4. Vantage V12 roadster...this has not yet been confirmed but is expected.
5. Valkyrie in production and being delivered to customers...price £2.5 million basic!
6. Sports/GT to be totally reworked and ready for early 2023.
7. Valhalla...limited edition of roughly 900 priced at basic of £700K due late 2023.
8. Mid-engine vanquish... a core model due for release 2024.
9. More orders coming in for AM helicopter.
10 AM motor bikes (Superbikes) recently started being delivered. 100 bikes priced at £108K each.
11. Aston Martin condominiums in Miami due for completion end of this year. 391 condos on sale now, priced at between £4.2 million and £59million each! The average price is £18m!!!
12. Lawrence Stroll has promised a rolling programme of specials moving forward, which all demand premium prices.
Also, please note that starting with the DBX707, all cars will have at least a 40% profit margin and some will be as high as 50%. Prior to Lawrence taking control the margin was only about 20%.
EG68 - Who knows whether AML plan to buy back shares, but if they do, then the £11m+ that they have voted through would be worth over £74m at today's price. This would delfinitely have a positive effect on the SP. Maybe if they somehow made their intent known to the shorters, they would get out before they lost out...who knows.
Oh, and before C26 comes back arguing and calling me a ramper...I am NOT a ramper. Everything listed from 1 to 12 is FACT. I will not argue with C26, it just gives him oxygen and makes him worse. Good luck all LTHs

With more Helicopters being ordered, this is another income stream in addition to the cars. Also, the Miami condos as per Daviddavid's last post, will be finished at the end of the year and have already gone on sale. There are 392 of them priced between 4.2 million and £59 million each. I've no idea what percentage profit we receive but it doesn't need to be much to add up to a fortune!
https://robbreport.com/motors/aviation/aston-martin-helicopter-popular-ach-is-second-series-1234681351/

I wasn't ramping the share C26. I was giving my personall opinion. Ramping is Talking up the share as you very well know. I have no interest in talking it up for short term gain as I am not a trader , I am a LTH and plan to hold these shares until at least 2025 to see Strolls medium term plan through to fruition. Beyond that depends what his long term plan is.

Lol C26, you must have copies of every post that everyone's made. You omitted to include posts where I said no-one should buy shares with money they can't afford to lose or where I was honest and said I'd be upset if I lost all the money I'd put into AML but it wouldn't affect my life. You are making it look like I could lose my life's savings but I'm not that stupid...most of my investments are managed by a financial advisor. A lot has happened since these posts...covid has gone on much longer than expected, we have the Nebula court case making people nervous and most recently the war and raging inflation. Having said all that, I still believe LTHs will make money but it may take a bit longer.

I think Lurkio is right, the article by Harris is not that negative. Harris obviously thinks very highly of Felisa but questions whether he will be able to work for Stroll and also his age. But it may be that Stroll is not as bad to work for as has been painted. Otmar Szafnauer has now come out and announced that Stroll was NOT the reason for him leaving. I have attached an article below clarifying the situation. Also, Felisa has been a none executive for AM for some time so must already have an idea of what Stroll is like and feel that he can work for him. Also I think Harris may be right when he says Moers was brought in for a specific purpose. He came with a 'hard man' reputation...all the dead wood is now gone and he can move on. So now its over to Felisa. No-one can question his credentials and is 76 really that old these days? Let's see what he can do...
https://www.sportskeeda.com/f1/news-alpine-team-principal-otmar-szafnauer-discloses-second-pope-aston-martin

Son_of_Swiss...I think you just got an admission there that he does get paid to do this. Well done mate :-))

Son_of_Swiss...I think you just got an admission there that he does get paid to do this. Well done mate :-))

I agree with Davffed...time to switch off these boards. C26 says the BB has no affect on SP but I totally disagree, otherwise he wouldn't post dozens of times a day. He has totally ruined this BB and has been partly responsible for the drop in SP. He has ruined the BB which was once a useful forum for sharing information and having a bit of light hearted discussion about AM. I am sure lots of the LTHs like myself are still holding but have just stopped posting because they are sick and tired of C26. All is not lost yet as C26 leads everyone to believe. We have plenty of orders for America and Europe that will keep us busy whilst China is handicapped by covid. Stroll said exactly what I had already said...that cars will just be sent to the parts of the world that remain open. China will not be in lockdown for ever and we have plenty of orders to meet in the meantime. Don't bother responding to me C26...I will not reply.

Great Post Paul and thanks for the support. His insults are water off a ducks back though...nobody should pay any attention to a word he or his aliases say. I'm sure none of the LTHs do, but newcomers concern me as they don't realise he is trying to deramp for personal gain and will go to any lengths to do so.

Motley Fool, excited by our appointments...wonders never cease lol. Although I'm not a great fan of the'Fool' they have a huge following and number of subscribers, so it won't do us any harm to get good comments from them.
https://www.fool.co.uk/2022/05/04/aston-martin-shares-just-jumped-10-should-i-buy/

https://www.evo.co.uk/aston-martin/204787/interview-lawrence-stroll-executive-chairman-aston-martin-lagonda

C26...we've done 14 valkyre in Q1. The 10 you mention were in Q4 of 21. So, 24 delivered so far in total.

It's not surprising DBX sales are down with new model coming out. People waiting for 707. All other models sales were up with good order books that have increased

I don't need to show workings. Stroll says we'll be in profit 2023 and I'd rather take his word for it than yours. He under promises and over delivers.