focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Nice to hear it’s not only Aston who have software glitches ( which I’m informed are mostly sorted now) I find it quite shocking that Ferrari could have software issues on a car that’s been out for 4 years and also are being taken to court by customers for brakes not working!
“As anyone who has ever owned a Ferrari knows, these luxurious cars are not without their problems. Though they are built for speed and style, Ferraris are often plagued by common issues”
https://www.bloomberg.com/news/articles/2024-03-19/ferrari-sued-for-failing-to-fix-life-threatening-brake-defect?embedded-checkout=true
https://www.ferrarichat.com/forum/threads/roma-dashboard-blackout.673982/
https://drivetecautoparts.com/carplay-not-working-ferrari/
https://awitalian.com/8-most-common-ferrari-issues/
Correct Thor, all models completely refreshed by the end of this year, last year one model refreshed and that wasn’t even widely available to test drive until January this year. Vantage looks stunning and is already creating quite a lot of interest, drive reviews look like they are going to start coming out over the next month.
I’m interested to see how many DB12 slipped from December into January and what effect that’s going to have on the first quarter results. Certainly UK registrations were slightly low in December then high in January, so was that repeated in other countries? Germany looked lower, but if you believe bulletin boards and facebook groups, some dealers in that country held cars back until the software for the infotainment was more mature. It will be good to see some actual figures so we have some facts rather than the constant scare stories that are obviously designed to drive investors out of the stock.
Https://www.instagram.com/reel/C5a9s0Xojzk/?igsh=MTcxZ242bnFhd3V5eg==
Found this in the results, is it a coincidence that the share price was driven down below the warrent option price?
“The Second Lien SSNs include detachable warrants enabling the warrant holders to subscribe for a number of ordinary shares in the Company at the subscription price of £1.67 (previously £10 per share prior to the rights issue in September 2022). The warrant holders have the right to exchange their warrant options for a reduced number of warrant shares, resulting in no cash being paid to receive the shares. The ratio at which this exchange can be transacted is determined by the share price at execution of the options. A derivative option liability was initially”
Advocate1973 - its the same pattern on here and ADVFN in the run up to every set of results, i can't be bothered with the drama! The companies going in the right direction, by the end of the year we will have seen, the new DB12 coupe and Volante, New Vantage Coupe and Volante, New DBS Coupe and Volante, refreshed DBX. That's all going to have a very positive effect on cash flow.
I’ve blocked him, I had a look at his early posts, he’s obviously been burnt by this share and now has issues with Stoll and the brand.So imo he’s to emotionally involved to make rational decisions, that was obvious by his post on the day the fulsome refinancing announcement.