So you hadn't read the accounts in full. Bit lazy for someone trashing the company. Anyway, life's great, sport, family, property on Riviera, saving,income ,paper profits and losses, and lose cricket and golf. Some of us on here have a life.
Why do a certain type of people take great glee at companies share prices falling, predictions of armageddon, to say nothing about employees losing their incomes. I would be interested on their thoughts for employees, not their own greed.
RE: https://karenable.com/the-turtle-aston-martin-q1-2022-results/01 Jun 2022 21:41
Wasn't the debt taken on in 2020 to replace existing debts and put money into the business so it could turn around. The product development was included. It has 400m, will add money from sales, pay for research and development, it's all part of the plan. If you're invested goid luck, if not go and find something to invest in. If you hate the company, go get a life and do something useful for yourself. You're only here once.
RE: More trouble under the bonnet?26 May 2022 21:30
Peter has been great for JD. This governance stuff was going to come one day. If you're good at everything you do, and Peter has been, then other factors come into play. Since he took the joint roles back in 2014, he has driven this company forward at a rapid pace. Profit was 57m, now 900m plus in less than 8 years. Grown the business from 1.3bn to over 8bn turnover. The share price has gone from 5p to now 120p. It was 220p at the end of 2021. Peter sold a chunck of his shares. It ****ed someone off, and now he's gone. He helped build a great business and that is now forgotton over these governess issues, biting him in the back neadlessly.
I wish him well, and the JD share price will find itself back to previous highs come year end.
JD shareholders should appreciate what he has achieved and happy retirement.
That's an extremely negative article. The writer hasn't got a positive thing to say. When you add escrow in as a negative, it continues the negative. If you put a deposit into a house builder and ask him to put into escrow, the deal is off. Escrow is usually used to hold balances of a transaction that's completed subject to certain events/numbers.