Member Info for Cesna

33.9p close monday.
45p 1st week July

'So $60 anytime soon imo'
Think we will hit 60p+ at that milestone. Higher if the new ceo says we are a growth stock.

..bad for tlw shorts imo

Garland
'that record has been playing for weeks - share price goes nowhere.'
..thats because marginal revenue = marginal cost...breakout or caught in the middle ( Porter)?

My average is 48p and no cash to average down so its a waiting game. But certainly feel the SP played ... Gladstone etc and disappointed Stroll didnt defend aml at the qtr report webinar which I think drove the sp down. Interim cfo was canon fodder imo

' there have been no significant buys by directors '
I guess the buys will start when the new ceo starts and decides who and how to incentivise..

'Why on earth would the put up the interim CFO, so someone who will be with the company on a temporary basis to field analyst calls. '
Its very odd considering his investment.
Feels a bit like an appointment to buy an Aston Martin and the Salesman doesn't know anything about the car and shows no respect for the customer. Puts you off the purchase decision.

The non exec ought to be worrying Stroll. Look at Finablr and NMC for lessons in risk management and governance. Alternatively Stroll/ consortium may bid on the cheap. Another 5% and they have to bid, is tha tright?

The webcast didn't help. Think they need to articulate more clearly where the working capital is coming from. Q&A session asked these questions and the interim cfo blanked

Officialak, I wont be dialling in, watch on the web. Some might want to dial in to ask questions rather than post -ve speculation on here.

think the webcast will firm up direction. I will be watching it to get a feel for the management team confidence.

'The conference call can be accessed live via a dial-in facility on +44 (0) 203 0095710; PIN: 2849635, please find more details on the corporate website https://www.astonmartinlagonda.com/investors/calendar '

Dr Andy Palmer, Aston Martin Lagonda President and Group CEO said:
'Although there is still much uncertainty around the duration of the pandemic and the shape of the economic recovery, we remain focused on and excited about our plans. On 5 May, we reopened our St Athan manufacturing facility, which started production of DBX bodies yesterday and remains on course to start full production in the next few weeks, with deliveries starting in the summer. The order book continues to build and extends into 2021. We also have a strong order book for the recently launched Vantage Roadster."

Building to order and can only get better as CV recedes

LoL you mean fiction like a ceo strategy.. when they execute, that's fact. Hopefully we see some execution tomorrow morning. Not just the shorters

An easy hold going forward. Occassional day trades too. Kenya rns might not be too far away so I am not risking being all out. Total might benefit using kenya proceeds to pay for Uganda purchase so any time imo

'demand loss stands at ***around 30 million bpd***'
Dont forget tlw already cut 20%..and there is still 70m bpd being consumed worst case. Demand can pick up slowly but uowards...

Hargreaves assure me they dont lend out any of mine. But maybe I dont own them, ie hargreaves do through some nominee arrangement. Any body know?

If brent contracts are settled in cash, how can it go negative? Its the wti where the dodgy duplicate trading was going on last month.

Megla
Going Concern
TLW 2019 audit opinion confirmed it was a going concern ie it will continue its normal course of business. The going concern opinion was qualified to include a material uncertainty...the RBL. As that has cleared and is likely to remain clear because of asset disposal proceeds in addition to the rbl facility, the next audit opinion will likely remove the qualification.
BP and Shell are going concerns..

'4500 ships available'
Problem is not floating capacity. Last month a number of businesses went bust. Less of them this month

Longish thks, tlw certainly must be worth more than 18p. All those assets and things to come. 35p and ftse 250 (re) entry should be a gamechanger as someone said earlier.