Member Info for Doyezee

On a different note, both Lance and Seb just fractions of a second outside top 10 qualification and very much in touch with a few of those just in front of them so pace in the cars much better by the looks of it and with a bit (or a lot!!) of luck tomorrow, they could both get in the points.

As you say C26, ALL IN THE MIDDLE OF A GLOBAL PANDEMIC!!! Trying to turn a business around in the best of times is difficult enough. The company was haemorrhaging money before Stroll came along but it is slowly getting on top of its finances. They do not project and have not stated they’ll become profitable for some time yet. As for the additional £70 million in secured notes, yes, I too was a little disappointed that it was done but was obviously for a reason and not for Stroll just to ‘sort himself and his mates out’ as you suggest. As I said, to turn a company around you will need investment which if done correctly will increase sales, revenue and ultimately profit and without raising the monies they have, AML would’ve probably gone bankrupt by now but it hasn’t, there’s half a billion plus at their disposal in order to continue supporting the planned turnaround. As for DBX numbers, production was officially launched July last year if I’m correct? You expect amazing numbers straight off the bat? Porsche was in exactly the same position until they released the Cayenne and now look at them!! It was their saviour and I personally believe the DBX will be a big part of Aston’s saviour along with all the other cars in its offering.

C24, two crucial parts of turning a business around are linked to money. The first is to stop the bleeding and the second is to invest in order to achieve a turnaround and as long as the money is invested wisely, in principle it will work. In addition, ‘trimming the fat’ is also crucial in a turnaround and all the above are being executed and executed very well by AML management to date. Net debt down considerably, sales up considerably, losses down considerably and all in such a short space of time. The full turnaround is still 2/3 years away but these early days are the most crucial and so far, I can’t see that AML management have put a foot wrong so far.

As for the bit about LTH who lost almost everything in 2019 - the share price has tripled since then and AML’s management team now is far far stronger. It WAS unsustainable before Stroll took over but is a completely different beast now. Q1 year on year losses reduced from £112 million to £42 million (that time difference is literally from the day Stroll took over) and all during the worse pandemic man has seen in 100 years. Yes Mansion, that’s an absolute shambles isn’t it!!!!!! Please.

Not even going to respond to Mansion as it’s just drivel. Seb definitely running better in his car so looking forward to qualifying today and the race tomorrow.

https://apple.news/AwODJXiGGTjyQGPv2NnHvag

And don’t forget, Adeem still selling! Once they’re gone, will be far less selling IMO!

Whilst the drop since Q1 results is disappointing, I do not see any obvious reason for it. I feel that AML is doing what it needs to in its continuation of the turnaround and doing it well. Because the Q1 results were not ‘blow out’ (though I was not expecting them to be), some have perhaps decided to sell to put money to work elsewhere. Hydrogen stocks were particularly hammered this week but all popped up around 10% today (2 of which I bought into first thing this morning but I haven’t sold any AML!). We may have a relatively flat end to the first half of this year (and we may not) but that in itself is not a bad thing as I think it’s just positioning us for another good leg up in the back half of the year. I’m still very comfortable with my investment in AML and those steering the ship. GLA

I bought in at 361 this morning having been watching for several months. GLA

I’ll happily pick up shares of anyone selling at these prices. Just the impatient/want to make a million overnight or shorts crew piping up now!! All just an irritating noise, bit like a fly, give em a good swat and move on!

When you think about it, Q1 Y/Y has improved from £110 million loss to £42 million loss and all during a raging pandemic which hardly touched Q1 2020. It also of note that it was from Q2 2020 that Stroll took control so the impact he has had since his appointment is truly fantastic IMHO and after the latest results, I’m more optimistic than ever that AML is in very safe hands and will do very very well long term. Hoping for a good tick up today. Looking forward to the Grand Prix and hoping all have a good weekend :-)

I bought back in yesterday on the hope that 1000p is the bottom. GLA

https://apple.news/AbQxol7cVTpuz-BOe4Jsw-w

It’s irrelevant what models made up the sales numbers Peter. That is why AML developed the DBX - to be in the right space and compete and to improve overall sales, revenue and profit - which is what they’ve done! Take your glass half empty elsewhere as not interested in your negativity and as you’re no longer invested, what are you commenting for? Nothing better to do????

The Q1 results of course do not present any specific reason to sell other than those who are only looking short term/trying to make a quick buck! The results were on track and with the global economic outlook beginning to recover, I still maintain a steady as she goes rise this quarter with back half of the year picking up again. GLA

Results have met targets and are in line with the turnaround strategy. As I said, they needed to be really good and beat expectations if SP was to really shift. The results are good in themselves in that AML is still very much on course but the bigger gains are yet to come (outside of any unexpected positive or negative announcements) and a little more patience required. I think we’ll trickle up during this quarter - to where exactly I don’t know but plenty more to come and all good on the AML hood :-))

Yes Vorlich and all during a pandemic!! It’s impressive and remember AML is still in turnaround mode. Some great steps have been taken already and the foundations continue to strengthen.

Agree Fluker and reiterated medium term targets of 6000 unit sales this year and bring just shy of 1500 in Q1 is a good start given pandemic was rife in that period.

Need volume, volume is very very low and until that picks up, nothing much will happen. Results have to be positive and significantly IMO

Matty, the good news is is that the SP has doubled in the last 12 months (plus or minus a bit given short term swings) so that is good news!! I have made a number of mistakes in that same period with other shares by selling when I should have added and have missed out on 50% plus gains. But it’s all about learning and I have learnt from those experiences. Thankfully I’ve stayed strong with AML since I first bought in a year ago ang by adding, am still significantly in profit with AML. It’s Fundamentals haven’t changed other than it’s in an even stronger position so my advice is to hold on to what you have in AML and take advantage of any drops to build your position. Patience is the game and too many people looking to make millions overnight which is unrealistic. Long term, I think AML shareholders will do very very well. GLA