RE: 2024 vantage27 Oct 2023 21:35
1. US deliveries of DB12 aint going to be until Q1 2024, so why would the Vantage be anywhere close to that?
Deliveries to regions are always staggered, I believe UK is first for DB12, not long until we have some vantage news I hear
2. If this breaks £2, support is at £1.
That’s a very big if, probably best to get the facts, we will know more next Wednesday, then maybe discuss direction after that.
3. Q3 will be awful as the pound has slipped against the dollar again, therefore a negative impact on the dollar bond debt 'headwinds'.
These interest payments are booked in Q4 I believe, more than happy to be proved wrong.
4. DB12 problems/delays mean, no sales of that will be in the Q3 report.
I believe the DB12 push at Aston is for year end not Q3, I would expect Q4 as per usual to be heavily loaded, not sure what they had planned for deliveries of DB12 in Q3 so lets see on Wednesday. If they are short on Q3 DB12 deliveries I wouldn't be surprised to see the 200 million debt repayment shifted to Q4.
5. Add a potential cash raise (it's always autumn) and I don't see much positivity here, the market agrees.
Well there’s always a possibility, but I’m thinking no and so are several analysts – let’s see Wednesday
6. Whoever is selling, hasn't finished yet. I'd say they are selling to Geely, and Geely are more than happy to buy lower.
Geely buying? Well lets hope so, that will trigger a bidding war for stock and will be share price positive. I’m not convinced that PIF will be happy to have Geely in charge so I think its unlikely to go anywhere.