The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
H1 isn't far away really. For people who have a concept of time. Most day traders don't know what day of the week it is, glued to the screen.
Will wait to just see more positive figures yet again and news of the Valkryie finally being delivered. Roll on end of July. Seems people need more hugs to get them on board. The English mainly anyway, always needing a 110% security.
I kind of like the American attitude. Guns blazing more my style. :-)
Exactly. Some people will still wait for the H2.
I believe next will have the start of profits. But in the + regardless of size.
The timid investors will come out then. Think this will be heading up the hill throughout the day. Expect a quicker rise to £21 after 2.30pm gmt
Number of vehicles including specials; (2)
For definition of alternative
performance measures please see Appendix; (3) Relevant 2020 comparatives have
been restated throughout this document for the correction of an error as
reported in the 2020 Interim Financial Statements (29 July 2020)
Financial highlights
· Wholesales( 1 ) more than doubled as delivered to meet demand,
DBX represented 55% of units
· Revenue increased 153% to £224m principally due to wholesale
growth and stronger pricing dynamics as dealer GT/Sport stock reduced as
planned
· Adjusted EBITDA of £21m with 9% margin reflecting improved
trading and some initial cost efficiency benefits; Operating loss includes
D&A increase year-on-year, as guided, reflecting expanded core range
· Positive free cashflow( 2 ) of £24m includes a working capital
inflow of £49m, capital expenditure of £48m as invest in future product
pipeline and reflects timing of interest payments
· Improved cash position of £575m (December 2020: £489m) included
£77m gross proceeds from new notes issued in March; Net debt of £723m
(December 2020: £727m)
Project Horizon transformation well underway
· Successfully achieved rebalance of GT/Sport supply to demand,
earlier than originally planned
· Vantage F1(®) edition well received by customers, first of more
than 10 new vehicles to be launched by 2023; DBX derivative on track for Q3
· Initial manufacturing efficiencies actioned improving performance
at both Gaydon and St Athan, benefits to build through 2021
· Aston Martin Valkyrie and V12 Speedster assembly relocated to
Gaydon, consolidating all sports manufacturing in one location; Aston Martin
Valkyrie on track for first deliveries in H2
· Strengthened European dealer network including key new
appointment in Germany
· Leadership team enhanced further with experienced hires in both
commercial and technical functions
· Aston Martin Cognizant Formula One(TM) Team driving brand
awareness; digital reach of c.135m in first week for AMR21 launch and
increased website traffic
£m Q1 2021 Q1 2020(3) % change
Total wholesale volumes(1) 1,353 578 134%
Revenue 224.4 88.8 153%
Adjusted EBITDA(2) 20.7 (38.1) n.m.
Adjusted operating loss(2) (15.3) (67.0) n.m.
Operating loss (15.3) (67.9) n.m.
Loss before tax (42.2) (110.1) n.m.
Net debt(2) (722.9) (956.1)
Semi Conductor shortage.
We will see what happens. Results will be good.
Price is good for buyers. People have the fear though and can't risk it.
People lacking a bit of fun with belief. They will purchase once it's proven to be doing better on targets. Purely based on it hasn't performed very well for a long time.
I see it as a positive for people wanting to buy in before it starts it's slow, but gradual climb on the upcoming good news and forecast targets being hit. Low price to get in at for people who weren't here at the begining with the belief in the DBX.
The Company also recently completed recruitment of a 120 ‘at-risk’ COVID-19 patients study evaluating SNG001 as a treatment for use in the home setting, results are expected on track in Q2 2021.
It should of been left as it is on this board. Never seen one so busy, with next to no help with what's being said bar two or three people.
Wait patiently and go do something somewhere else for now.
Unless all your money is tied to one company. ??
Walton on Thames had a beautiful Dark blue DBX in the showroom, and it was sold. Couldn't find it anywhere still. These are sellling to order. You are all looking at auto traders and other car selling platforms.
Ignoring the fact that people want their own spec and choice of everything. Not everyone will want a demo especially for the type of customers.
Wait for the figures. Stop making your own conclusions based on browsing the Internet. Opinions fine, at least say imo at the end of what you all say.
In my opinion I think you will all be surprised.
Remembet the type of customer. Only new money desperado to show off will go and buy one straight off a forecourt.