Member Info for CarsCoffee

It was a decision made a long time ago regarding on demand manufacturing. They had over supplied and flooded the market effecting the profit margins as well as used car values.
This had to be addressed and Covid has given all the companies to do the restructuring needed. Aston are in a better situation than others (McLaren) because they had already put the fund raise into action and completed it during difficult times.

JED you are hilarious, keep going. We all love a good chuckle at shortest here.

BRL, very well done. Lots of fanfare with the predictions and no awards ceremony. I crown you king of bragging rights.

It’s ok Paul I have more than one Yacht.

Total cost savings of £38,000,000 with a cost of 12,000,000. I will accept that as a positive thank you.

Morning all, WOW a roller coaster morning. Feel like I am back on the Big Dipper in blackpool.
Great RNS followed by panic selling from short term holders, glad to see them exit personally.
The redundancies had to come as I had mentioned a few times. On demand manufacturing with higher profit margins means less staff.
Very sorry for the people who lost jobs.
A good board member announced with a finance background so some obvious intent with that announcement.
With all the really good news being held back currently the fact that the price is holding strong is very encouraging.
Let’s hope for a nice rally later back towards 70p

Yes Dunnieboy, this is not a day trader stock. This is a value proposition with great growth potential.

Deos, if we get no RNS or any other news in the next 2 weeks then yes it will probably retrace a little bit any news (which I expect) will send us higher again.

Deos, glad you held out for today. Well done

I try not to give direct advice as things can change. My positive outlook comes with a caveat. If Covid makes us lockdown again things in the short term could become very tricky.
Taking that back out the equation In the next 3 months we will see considerable sales in DBX and hopefully the start of Valkyrie along with Gaydon reopening. Each one of these will boost the share price along the way.
Don’t underestimate Valkyrie, similar to if Aston Martin wins a F1 championship this car will be groundbreaking and will always be remembered as such.
This car really will set the stage for the recovery and the launch of the new mid engine cars.
The other and probably the biggest news will be the second half of the year and the return to profitability.
Realistically you have to think what would cause the share not to keep going up. Not much in my opinion. Covid and disappointing sales. This may effect the short term along with the terrible Q2 numbers but I see the positives outweighing the negative even in this period.
Sorry for the convoluted answer but I understand the risks in this stock and I stand by my conviction that this share does have risk but the positives far outweigh the negatives.

Chef I think a lot are waiting for some additional info but I guess people are happy that the board are on the same page.

CCC no problem, just try to give useful info. Look me up at Cars&Coffee Cafe in Newbury in August.

Chef, no problem. Are you onboard with us?

CCC at least you held your nerve through those dark times.

Chef that was UT. Look it up

Lasonas all I can say on that is we had a very strong finish to the day pushing the share into auction so that would signal a positive open.

Sir

I do like to see both sides and if In fact we get no information in the coming weeks I would agree we may see a retrace due to the fast increase over recent weeks.

Sir

Yes but you stated you are buying at the top end. This will not be the case if we get sales or debt restructuring info.
That was my point, this share is far too cheap and will react very quickly still on positive news.

They are relevant on a relatively stable share with stable numbers and no news coming out which will have unique impacts on the price.

Sir, stop talking charts. They have no concept of what is going on. They do not know the personality and experience of the new guys in charge or the sales figures and news that will be coming out.
I retract a little my statement on the F1 as AML.l do have options to purchase shares in the F1 team if they choose to which could end up profitable.