Member Info for E_AL

ha no mate, not him :)

Interesting stats from IG:

Client sentiment

98% of IG client accounts with open positions in this market expect the price to rise
2% of IG client accounts with open positions in this market expect the price to fall

Trading activity

Last hour85% Buys
Today64% Buys
This week55% Buys

Broker ratings
Strong buy 0
Buy 1
Hold 7
Sell 0

I think the sp hit the bottom and it will climb back up towards the closing.

Total trades so far 1,685
Vol. Sold 4,319,721
Sold Value £780.14k

Vol. Bought 12,278,858
Bought Value £2m

Just saw this on twitter

“#AstonMartin Residences closed on 4 units totaling $8.75M in Florida

60%of the 391units in it’s 66story residences are now under contract

The project is being developed by G&G and is the first to brand a real estate venture with Aston Martin

https://www.miamiherald.com/news/business/real-estate-news/article242717681.html “

I think the big news is it will be the first time for him to race in an Aston Martin

They have changed the business model and the new strategy is destocking [the dealers] so it would take some time to adapt & enhance the new policy. However Palmer said the company now had orders that took it well into 2021, with any cancellations because of the pandemic offset by new buyers.

Once it had bled the dealer stocks, the company aimed only to make cars that were ordered by customers, something that would take the company closer to Ferrari, which it hoped to emulate.

“If you have the cash, you can work with the legendary designer to spec your dream Vanquish.

Ian Callum is giving the original Aston Martin Vanquish the $670,000 facelift it always deserved.

Aston Martin Vanquish 25 by Callum will come out of his Warwickshire, U.K. headquarters, each tailored to its owners preference”

Source: Road & Track BY Alex Goy MAY 14, 202

https://www.roadandtrack.com/car-culture/a32460239/ian-callum-aston-martin-vanquish-facelift-design/

I can tell why Stroll feels enthusiastic &confident about the progress of his multi-year plan, 2020 will be a very busy year for Aston Martin:

“ Operational updates

· Achieving operational milestones ahead of DBX planned launch in Q2 2020; DBX has received extremely positive media reviews and the order book built rapidly since opening in November 2019, with total orders now taken in excess of the planned retail target for FY 2020.

· Relaunching Vantage (at Geneva motorshow), including the Roadster derivative with deliveries to start in Q2 2020.

· Delivering Aston Martin Valkyrie and Goldfinger DB5 Continuations from H2 2020.

· Production of V12 engines will move to the UK from 2021, increasing domestic content and generating cost benefits.”

Thanks DenFos,

“ I am even more enthusiastic and confident in the multi-year plan that we have set out to bring new and exciting products to market to drive demand and build the Aston Martin brand,’ Stroll said in a statement.

On 5 May, the company reopened its St Athan manufacturing facility, which has begun production of DBX bodies and remains on course to start full production in the weeks ahead, with deliveries starting in the summer.

Aston Martin reassured investors that its order book continues to build and extend into 2021, with particular interest paid to its newly launched Vantage Roadster.“

Thanks JTMacs!

Strong finish today so I think it will gap up at the opening.

FTSE 100 Heatmap @14:24

Companies up 193= 10.3%
Companies Neutral 765= 40.7%
Companies down 920= 49.0%

FTSE 100 Heatmap

Up 195 comapnies = 10.4%
Neutral 821 comapnies = 43.7%
Down 862 comapnies = 45.9%

All the companies on my watchlist are down today becuase of the FTSE's drop, even the AIM Covid-19 ones !! So before taking any emotial dicision to sell for substantial loss I strongly recommend to listen to what Aston Martin's new chairman said here, the person who saved Michael Kors & Tommy Hilfiger from going bust, the same person who just invested hundreds of millions in Aston Martin and currently own 1/4th of the company: https://www.youtube.com/watch?v=JSUmJXjXLSc

Here is another video of another video of F1 NASCAR Racing Analyst JC Cotes talking about Stroll saying he has tons of experience in brands management & “ he basically saved Tommy Hilfiger & Michael Kors when he took control”

https://www.youtube.com/watch?v=jvV0GEtjBFo

So the only people posting relentlessly on this board today are non holders happy to dedicate their entire day spreading doom and gloom among sharholders ............... shame on you all!

What about spending your time and effort searching companies you are intrested in investing in or trading their stock??

I very much agree, the same guy has also tweeted another video of F1 NASCAR Racing Analyst JC Cotes talking about Stroll saying he has tons of experience in brands management & “ he basically saved Tommy Hilfiger & Michael Kors when he took control”

https://www.youtube.com/watch?v=jvV0GEtjBFo

I just saw an interesting video on twitter of Lawrence Stroll, Aston Martin President and Group CEO, Dr Andy Palmer & James William Walker, better known as Mr JWW taking about Aston Martin's plan for 2020!

https://www.youtube.com/watch?v=JSUmJXjXLSc

CarsCoffee, rights were at 30p

“The deal envisaged Canadian billionaire Stroll injecting funds for a 17% stake, then putting in more cash with existing shareholders in a rights offer. The new plan sees Stroll put in less, but for a 25% holding. Current shareholders will have to dig even deeper on the subsequent stock sale. The price of that cash call has been slashed to just 30 pence per share”

3300, I think anything under 50p is a no brainer really but Gladstone had a go on the sp and took advantage of the negative sentiment prior to Q1 results.

Anyway, my thinking and I hope I’m wrong here but they might try one last time to take the sp down to the 29-27.9 level to cause panic selling and trigger stop loss limits but now the company’s plan For 2020 is out, optimistic, clear and doable , imo we should see sp recovery to 40s by the weekend or mid next week.

Rohan, I wouldn’t sell if I was you, I listened to Q1 conference call this morning, they were enthusiastic and have a good plan to turn things around and currently they got sufficient fund to do the job.

The sp is at the rock bottom or “almost there” & plenty of room for recoevery. The market/ftse was down today which helped Gladstone Capital doing their job (The only shorter with above 0.5% short position in AML)

FTSE was down today which dropped the sp of many companies if you noticed & Gladstone also increased its shorting position yesterday to brutally attack the sp today straight after the company released its Q1 report causing panic selling and triggered many sp stop loss limits.

Atm the sp is around the placing price level which is the entry price of our billionaire chairman who hold 25% of the company shares. If his army of advisers think 30p is an absolute bargain & recommended to bag 25% of the company’s shares then I’m pretty sure there will be many other institutional investors forming a queue to snap any available shares around this price .. we had 4x the average daily volume today when the sp entered the placing sp zone (30s) .. We will see some sp recovery soon.

Thanks SharkyT, interesting article

"The company reduced the stock at its forecourts by 428 cars during the quarter, double the number of cars it took out of the system in the whole of last year.

“This has put us in a much stronger position,” chief executive Andy Palmer told the Financial Times, adding it was a “monumental” achievement to reduce stock levels in the middle of a global pandemic, though the business still had more “aggressive destocking” to do.

The “immediate priority is to rebalance supply and demand, reducing dealer stock”, said executive chairman Lawrence Stroll, who joined the business in April as part of a £540m rescue package that contained an equity injection and a rights issue.
Mr Palmer said the company now had orders that took it well into 2021, with any cancellations because of the pandemic offset by new buyers.

Its main facility at Gaydon, Warwickshire, has not yet restarted production, though some staff are working on its Valkyrie supercar.

“We have this policy of destocking [the dealers] so the urgency [to restart] is not as great,” Mr Palmer said.

Once it had bled the dealer stocks, the company aimed only to make cars that were ordered by customers, he said, something that would take the company closer to Ferrari, which it hoped to emulate."