Member Info for chesil356

From the bottom of the RNS announcements "Place of the transaction Outside a trading venue" That might help explain things.

The confidence shown by those now on the short side, suggests to me that you are correct about the bottom being close.

i'm going for a look around the ***don production facility in october, as a guest of a friend of a friend that works there. i'm being told the current production is at record levels, so i'm going to have a look for myself. current price action is the result of a quiet patch news wise and low volumns imo it shouldn't worry long term investors, well it doesn't worry me anyway.

No definitely not, any cash raise will be at a higher price than the last one if they want to do one imo

I pretty large UT trade, considering we were on a fairly low volume day up until that point , and some pretty chunky trades after it to, all around 356.4

Same upgrade with a slightly different angle.

https://ca.finance.yahoo.com/news/aston-martin-first-stock-analyst-094226152.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANhL-v-EhEEZ5spV3WyDMvRfDPbIKpCnjXauYgNjg_L_3zdAf0gSRpltM4pJ3NeKPcRADIetrI85NkMMcKW76sfUl72p_w7Aa2ZWezOWwFE3cpuRqMf_r-TfL9ALVZRR0w4T3qMP5le9VtjiTV3TVyHVZ3NBxkFKf306__Z0hLTd

Because December usually has the biggest car numbers, you might struggle to get accurate production numbers from the third quarter.

I have been told they have recruited extra staff and are working an extra shift to produce DB12 numbers for this year, so i would think they are producing more DB12's than its predecessor.

Https://www.forbes.com/sites/neilwinton/2023/08/08/could-aston-martin-be-ready-to-thrive-not-just-survive/?sh=63e1e2301db6

New Model Reveal at Pebble beach 18th – 20th August

https://www.astonmartin.com/en-gb/our-world/news/2023/8/8/aston-martin-bring-high-performance-and-ultra-luxury-to-pebble-beach-with-unveil-of-new-sports-car-and-thrilling-vr-technology

This is another amusing article from sports rush, i don't think facts are something they deal in! :) https://thesportsrush.com/f1-news-aston-martin-name-close-to-leaving-f1-with-lawrence-stroll-giving-up-on-174000000-worth-of-shares/

Seems odd that if this is true, that he increased he's holding in the last placing and Geeley reduced there's?

Moody's changes Aston Martin's outlook to positive from stable; Caa1 ratings affirmed

Rating Action

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8 min read

07 Aug 2023

Moody's Investors Service

London, August 07, 2023 -- Moody's Investors Service (Moody's) has today changed Aston Martin Lagonda Global Holdings plc's (AML, Aston Martin or the company) outlook to positive from stable. Concurrently, Moody's has affirmed AML's Caa1 corporate family rating (CFR) and Caa1-PD probability of default rating (PDR), and the Caa1 instrument rating of the backed senior secured first-lien notes due November 2025 issued by Aston Martin Capital Holdings Limited.

A full list of affected ratings can be found towards the end of this press release.

RATINGS RATIONALE

The affirmation of AML's ratings and the outlook change to positive from stable reflects the company's improving operating performance in the first half of 2023, which Moody's expects to be sustained over the next 18 months on the back of the company's ongoing launch of the next generation sports cars. The rating action further reflects AML's recently completed placing of £210 million of new shares and its plan to use the proceeds mostly for the early redemption of its second-lien notes with a face value of around £186 million. The planned repayment of the second-lien notes is evidence of a more balanced financial policy which includes the accelerated target to achieve a company-adjusted net leverage of around 1.0x by 2024-25.

Moody's forecasts AML to achieve strong revenue growth of about 15% to £1.6 billion revenue in 2023, and a further 25% increase in 2024 to reach close to its £2 billion revenue ambition. The recently launched and well-received DB12, the additional new model launches planned for the next 12 months, as well as the continued success of its DBX should support strong volume growth over the next 18 months, and Moody's forecasts wholesales to exceed 8,000 units by the end of 2024. While volume growth is considered a key driver to achieve its revenue and EBITDA targets, Moody's understands that AML no longer has specific volume targets. Instead the company focuses on increasing its average selling price (ASP) and achieving a gross margin of above 40% for new models launched to drive its revenue and EBITDA growth.

Based on the assumptions of higher volumes and an ASP exceeding £220k in 2023 and trend towards £230k in 2024, Moody's forecasts AML's Moody's-adjusted EBITDA (adjusted for capitalised development cost) to turn positive and reach just over £100 million in 2024. In combination with the redemption of the second-lien notes, which will reduce the company's Moody's-adjusted debt by around 13% to £1.1 billion, Moody's expects AML's adjusted leverage to decrease towards 10x by year-end 31 December 2024.

Furthermore, Moody's forecasts AML's adjusted free cash flow to improve to around break-even in 2024, after remaining substantially negative by about £200 million in 2023.

Hargreaves Lansdown are telling me the retail offer closed early at 6.30.

Very few going to retail investors, below from my email:

Aston Martin Lagonda have announced their intention to raise £210 million million via a Placing for institutional investors and a Retail Offer for individual investors.

Aston Martin Lagonda have decided not to issue a prospectus as part of the fundraising. This means that the Offer has been limited to the sterling equivalent of €8 million and will only be open for a very short period. It also means that information relating to the fundraising is limited to the Company announcement.

Applications are due to close at 7:30pm on Monday 31 July. Due to the nature of the fundraising, applications can close at any time and without prior warning.

The Offer Price will be announced once applications have closed.

By applying for shares in the Offer you are deemed to have read, understood and agreed to the HL Retail Offer Terms and Conditions, HL Retail Offer Risk Warning and the Company Announcement. These documents can be found in the Secure Messaging Centre of your online account.

I've also heard from my broker Hargreaves Lansdown, offer closes at 7.30pm tonight will be notified at 9.30pm how many have been allocated.

Https://edge.media-server.com/mmc/p/udvrdzsi/dmediaset/audio

£5.77 a share.

Https://www.fool.co.uk/2023/05/27/heres-why-aston-martin-shares-may-race-onto-the-ftse-100/

Don't forget £2.70 that's pretty major resistance, but even hitting these figures its still in an uptrend.

Lets be honest, with investors willing to buy in at a premium this is very unlikely to halve, this is a very different company to the one it was in 2022.