Member Info for Ghini

"Aston Martin Executive Vice president and Chief Creative Officer Marek Reichman presents the company's recent SUV model: the "DBX 707". "

Reichman is also Executive Vice President at AML?!?! I missed that, I thought he was just Chief Creative Officer. Can anyone confirm? I have often wondered why Reichman was still not sacked since his designs simply do not sell. Now they gave him Executive Vice President??

"keep close to the news and adjust strategies. but ultimately DYOR and trade your own shares on your own beliefs :)"

Reading this forum makes me think a lot of people with shares only bought in once for whatever reason, never did any research, did not follow any news, did not read any quarterly reports etc etc.

"Someone turned the taps on the buy side today. The seller is still there buy buying increasing. Could see the remaining shorts closing and sharp recovery. Looking for +10% tomorrow." - Bridgedogg1

14% off, you need a new hobby..

Sorry for the confusion, link didnt work and google lead me to an old article..
Either way, Deutsche only has that target as they were involved in the RI and probably need to safe face to their clients..

This is the text, dont shoot the messenger:
"Deutsche set a target price of 1,300 GBX for the company, which when compared to the Aston Martin Lagonda Global Holdings PLC share price of 813 GBX at opening today (09/05/2022) indicates a potential upside of 37.4%. Trading has ranged between 700 (52 week low) and 2,262 (52 week high) with an average of 583,229 shares exchanging hands daily. The market capitalisation at the time of writing is £917,114,801.

Aston Martin Lagonda Global Holdings plc is a United Kingdom-based company, which is focused on designing, engineering and manufacturing of luxury cars. The Company operates primarily within the high luxury sports (HLS) car market. The Company’s product focus is on front engine, sport utility vehicles (SUV) and mid-engine with an initial focus on front-engine and SUV models comprising the DB11 grand tourer, the Vantage front-engine sports car, the DBS Superleggera super grand tourer and DBX SUV. It sells cars across the world from its manufacturing facility in Gaydon, England, and its manufacturing facility in St Athan, Wales. The Company’s subsidiaries include Aston Martin Capital Holdings Limited, Aston Martin Investments Limited, Aston Martin Lagonda Group Limited, Aston Martin Lagonda of North America Incorporated, Aston Martin Lagonda Limited, AMWS Limited and Aston Martin Works Limited, among others.

The share price for Aston Martin Lagonda Global Holdings plc (AML.L) is currently trading at GBp92.34 (2.46%)"

I now see its from May 9th..
So you can shoot Son of Swiss for pointing this out to us :)

wow LSE..
Directors
+
Talk
+
Interviews

Google search: *************interviews aston martin
But it is not worth reading. Basically only states that Deutsche set target price for 1300p. But we all know why they do...

Did they get paid on time? ;)

@JppJ: so all the remaining shares from the agreed lock up are now free to be sold.. not worth much these days eh..

Interesting.. Are they invested themselves? Or some big clients?

Correct. Even if he gets out of AML break even, he still ends up with a F1 team. To be clear he would still need a couple of years of those 25M per year deals to get break even + they do big investments for new factory and windtunnel.

@Richard: full disclosure, are you involved with AML in any way? Job, supplier, dealer, invested, .. ?
You have a lot of faith in what AML says, despite they often did not hit targets, had to come back to their own promises and overall their shareprice is down bigtime.. Now personally I liked the plan Stroll introduced when he took over and I can see the difficulties they had. I was invested but got out when the numbers started doing strange things, red flags in the reports, promises were not met and Stroll started shouting dumb quotes. I still see a lot of potential (yes, a lot) but at the moment I really need to see some solid figures, see the new plans etc before I would think about investing again. For me the things that were said by Stroll and others really made me lose my trust, of course together with the figures.
I find it interesting that during that same time, with all that has happend, you still have so much trust.

Does anyone here know when the Q3 report will come out? As always the AML calendar is not updated even though it says "upcoming events".

@Lurkio: agreed, the whole Q3 report will be interesting. Not only sales wise but also dept; how much did they pay off, how much did they spend etc.

@Richard: you seem to have a lot of faith in the sales numbers for H2. Do you have more info than others? It surprises me that someone can have so much faith in those sales targets even though in the last two years sales targets were often not reached, despite quotes / promises from Stroll / AML.

Ugh this forum is getting sad.. Posters talking thrash and wearing tin hats..

Anyone got a forum link where people talk business instead of this?

Stroll wants what is best for him, and maybe his Yewtree buddies. If Geely comes with a new offer / plan, Stroll needs to benefit personally + he will want to keep his F1 sponsorship deal.
PIF vs Geely will be problematic but atm Geely has no seat. I am wondering if they have bought more shares this week.. Price does not seem to get under 101p.

@Noah: BritishVolt is no serious partner, they do not even have a working prototype. BritishVolt was and still is the perfect Brexit scam. One day we will find out how all the invested money was spend... Waiting for the British government to open its eyes..
Geely is probably buying more atm, until they can force a seat on the board. But what then? There is a clear conflict of interest between PIF and Geely. I dont expect they will work together and or have the same ideas. And than there is Stroll as well.. Interesting times up ahead for sure..

Another article written by someone who has no clue on what that actually means.. Not worth the read, definitely not worth sharing..

FT article:
" Geely Holding chief executive Daniel Li said the business “believes that with our well-established record and technology offerings, Geely Holding can contribute to Aston Martin’s future success”.

He added: “We look forward to exploring potential opportunities to engage and collaborate with Aston Martin as it continues to execute its strategy to achieve long-term, sustainable growth and increased profitability.”
"