Member Info for DavidHos

Better day today with no news... FTSE250 in the red but AML sitting at the top of the Risers table at 5% blue.
Positive Bond issue news coming some I hope and as you say borrowing £840m to pay off short term notes with a higher interest rate is very sensible.
I think we've got a positive 12 months in front of us for the SP and the only question is when it will rise to 62p+ as the new bottom. And it is when rather than if!

DYOR

Whoops! Your opinion ONLY!!

What was I thinking?!?!

MFGX You're opinion ONLY!

AML made some of the most beautiful cars in the world! The DBX just won 'Best-Designed Car of the year' for goodness sake!

That was strange... SP jumped to 55p briefly and then back down again a bit to 53p... News that the £840m has been fully subscribed today would be very helpful!

I forgot the coup that is having TM as CEO!

PS: For Mansion02

Constantly referring back to historic performance when the management has completely changed and new money/investment is involved has no relevance on the future performance of the business or the SP so I can only summise that you're shorting this stock and want the SP to go south.

Good luck with that!

The reasons I'm invested in AML are as follows;
Beautiful cars!
Lawrence Stroll is in at 50p and I'm working on the principal that he wants to make some money.
Toto Wolff is in at around 50p and he's a very astute investor.
Vettel is in at around 50p and I can't see him wanting to throw money down the drain.
Stroll is bringing in his wealthy friends with the latest investment and people with money want to make more money. They don't want to lose it!
They are raising £840m in bonds which mature in 2027 (I think?) to pay off the more expensive bonds that mature in 2022. Very sensible imo.
The reviews on the DBX have been great with the exception of Clarkson (who let's face, it hates any SUV). Clarkson himself is an acquired taste!
MB buying in (up to 20%) over the next couple of years and providing AML with their EV and Hybrid tech is a game changer and negates the need for AML to spend tens of millions developing their own tech.
Amazing brand (James Bond for goodness sake)
The earliest I can get my hands on a new DBX in late February 2021 and I've worked in Automotive at a senior level for 30 years and know a lot of people which means they are selling well. When I ordered my McLaren 650S in 2015 I was able to get one within 10 days when the dealerships were quoting a 4 month lead time to everyone else! Not trying to show off but just making the point that DBX is clearly in demand.
Once the £840 bond issue has been fully subscribed/successful then this will start to move northwards but imo it will be next year before we see a SP in 3 figures.

DYOR
GLA

So markets around the world have been red all week... all down again so far this morning. Arguably the most turbulent place to be right now is in the US with huge numbers of people being diagnosed with Covid everyday and an election within days yet the US markets were blue yesterday...? WTF?

The world has gone mad!

Rox, I'm beginning to think it's a gambling addiction with a different kind of horse power!

I just couldn't help myself... Sold all my shares yesterday at around 58p (missed the highs of 63-64p :-(( )

Was adamant I was going to sit it out until after next weeks elections but when it dropped to 52.6p earlier it was just too big a pull so I'm back in with over 200,000 shares again and just going to sit it out until we reach a nice number!

Good to be back!! :-))

My guess is that this is going to bobble around current SP until the $1b Junk bond Sale is concluded on Friday. If that's successful then the SP will take off next week and get us to where we should be... IMO...

I'm back in at 54.66p! It's a bloodbath out there!

Funny that as I bought TUI yesterday at 290p too! Bought more at 280p this morning and know it will be 320p+ again in the next few days!

AML will be back over 60p soon so they're not having the rest of my shares at 55p!

2 hours of trading...

# Trades 7,480
Vol. Sold 12,073,948
Sold Value £7m
Vol. Bought 17,277,848
Bought Value £10m

Looks like you did the right thing tutter! Well done you! :-)

# Trades 3,427
Vol. Sold 4,841,688
Sold Value £3m
Vol. Bought 9,514,116
Bought Value £6m

Give it a chance... It will drop then climb again!

My money is on 65p tomorrow sometime mid morning...

Wish you were invested with us Rox!

You're bloody welcome Tremellick1! 260,000 is a nice donkey... I got to 227,000 but am VERY HAPPY this evening!!