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Ye well you know, yahoo articles are just cr*p.
First it was good if you to look up all the terms so you could refresh your memory.
I once read a yahoo article where the stated P/E ratio was no where the actual one.
Get your figures from a broker that is trustworthy. Or a website that is. I couldn’t care less.
If you would bother to calculate it yourself you would find that their eps is not 23% positive growth year on year. But I will let you do that cause I have better things to do than teaching multiplication.
C264
I know your a Ferrari fan, unfortunately ferrari s eps topped in 2018.
Since then it has been on a decline.
Also I think you over looked the fact of transition to EV’s.
Where are their electric car plans? Are they planing to operate their ice cars via electricity ??
All I see before me is a brand image and something that was very great 10 years ago. But unfortunately who will want an electric silent Ferrari. It doesn’t fit in their brand.
Who is gonna pay for all that investment?
They have their own foundry, press shop, cast their own engines. What will happen to all that when the ice car dies??
I think it’s smth to think about.
Having a large manufacturer like Mercedes adds huge benefits in the long term.
C264
Actually you never know, maybe the reason they are selling fewer dbx s in Germany is because all of it is going to China. :D unfortunetaly se E.ON-t know Till may, unless someone knows how to get china’s car registrations .
C264
Where is the 23% year on year eps growth???
I only see a tiny small dividend yield on Ferrari Race
And a high price, a lot better shares out there then that. My sales figures for Ferrari over the last 3 years are stated on previous posts.
And in terms of debt, It doesn’t bother
me.
Here is my reason, it’s in Lehman’s terms:
The capital raises through the share price were successful. It means investors with money trust the people behind the brand to pull their weight and deliver. And guess what the share price increased even with dilution.
Here is why Race is not a good investment :
If Ferrari messes up and sales slump, the share price will take a hit. It will be a big one as it’s overvalued.
Not Apple, Microsoft or any big tech company has such a valuation.
The closest thing to the same industry and valuation is Tesla. The two companies only have two things in common they both make cars, and they are both priced either insanely or with very high forward expectations.
To be fair, I don’t understand why AML didn’t list in the USA on NYSE exchange. Lol
It seems anything that lists there gets a great start, no matter how loss making, and anything that lists in London is a total flop.
And of course stroll is comparing AML to Ferrari. Anyone smart would do it. Why would you compare it to VW or BMW.
He is trying to get interest in the brand and therefore sales.
But I do agree with you on 1 thing. AML will never be Ferrari. But I never said that they will be. All I am trying to point out is this will be a success in its own niche if the management are able to deliver and get a profitable business. And like everyone who invests we are here to make money.
So I don’t want to go on and on and on.... everyone has their own views.
My view is that there is an opportunity to get something out of this share price in next 1-3 years if things go the right way.
C2645
As I said I didn’t look at other carmakers.
Although now we are in it, do check how many cars Bentley has sold in total of Q1 in Germany. It’s on the spreadsheet. I would call it great.
Let’s look at the italy stock exchange ye.
Look Ferrari when listed 2017 had a mrkt cap of 17billion euros. That has now gotten to 37billion euros. Their P/E ratio is apparently over 50.
But what is interesting is 2017 sales were over 8000 units. 2019 sales over 10000. In 2020 their sales fell to 9100 vehicles.
Yet it’s share price hit an all time high.
With low levels of future growth potential in terms of sales because they want to stay exclusive.
Forgive me, but the numbers don’t add up.
C2645
I don’t know where you got your data, because I havnt looked at any official stats for Ferrari. To be frank, I don’t really care how much they sell. They have reached their maximum potential.
However, for their sake, I hope they are selling 4 times the vehicles at least on 2x the margin levels Aston is because their valuation is insane.
That’s somewhere I wouldn’t put my money in atm at 170euro/share.
Please everyone remember that it’s not good to compare brand to brand and you should always compare as to where Aston Martin is atm in terms of performance to the share price, and also future performance capability.
Relatively speaking Aston has far higher growth potential because of the plan set out to reach the c.10000 sales/annum by 2025. Based on that you must decide if at this market price of £2.3bil is it worth investing and what is the risk that they will not reach those targets.
And for those who are complaining about the share price not moving up. Unfortunately that is how markets behave. You can’t expect a fully linear share price rise, otherwise where would the fun be... :D
IMO the key this year is if they can get that piece of sh*t Valkyrie to finally work and get them off their back. Cause that must be eating away resources from other areas. Usually in the automotive sector when you decide to move into an area, you don’t start by making the most complicated and insane vehicle.
If they can finally pass that stage they should be at least break even this year. I am saying that cause it should contribute an extra $1.4mil per vehicle to yearly revenue.
I am doubting they are making any net profit on those, however hopefully the R&D will contribute to future mid engine car designs.
Even if they break even and recoup the vast levels of money they invested in that project I think it’s a win-win at this stage/time.
Also UK stocks and used cars are down vastly. I remember last year sometime June,July, autotrader had 800-900 Aston Martins on their website (new and used). Now they only have 550-600.
And they are shifting cars cause (it’s a bad habit of mine, checking month -month) some disappear and new ones appear.
:D
It’s clear from looking at numbers that it was shifted towards March, with more cars handed over this last month.
Now I think this will get much better as summer comes.
Also as uk dealers are opening I think the home country will need some extra global supply.
China should be a total wipeout. Especially looking into bmw and Mercedes and huge levels of expensive kits sold.
Lot of disposable income everywhere.
Alright guys,
Here is the German full auto registrations for customers.
2021:
For total of q1:
Vantage: 46
Db11:26
DBS:0
Dbx:43
That is:115 cars
Not bad for a foreign market. So I will let everyone make their own assumptions from this based from previous years total deliveries and uk registrations...
You can download official stats on the first link, on the following website. It should be an excel doc.
https://www.kba.de/DE/Statistik/Fahrzeuge/Neuzulassungen/MonatlicheNeuzulassungen/monatl_neuzulassungen_node.html
Seems like a while since someone has been active on here.
Darktrace ipo is on the horizon and there is a lot of chitchat about £3bil valuation. I know it could have potential but for a company that apparently made £200mil revenue last year, it seems a little excessive compared with where Avast is at the moment.
Does anyone have any information on darktrace as a company and future potential? I found it hard to get some actually useful info.
Also the PE ratio of US companies is much higher than Europeans/UK
Avast dividend rate is 2.8 percent much higher than bond yield or inflation. Certainly much higher than bank interest rates haha.
Yes, true. Fully agree with that statement.
I guess it will just come down to market open and how bullish equities are today.
The question is how does the market react.
Operating margin is expected to be unchanged in fy 2021 even to wage inflation and transition to cloud based servers.
I really like the cloud based transition part. Fixed based storage and processing isnt the future.
Any thoughts on what you guys think will happen tomorrow?
I bought quiet a lot yesterday, seeing the price won’t drop further.
Can’t really read anything from EMA graphs and no technical price indications on the graph. So everything hangs on tomorrow’s results.
Only really positive thing I can think of is the new potential in Latin America from direct billings.
And also the fact that hopefully they grew paying customer base.
Honestly you can see a quick shift from tech sector, like all US tech stocks including Apple, Microsoft. I think this is a big opportunity.
Avast isn’t a COVID stock like zoom is. The virus market is expanding, and therefore this company should do well after all lockdowns are lifted. Also they are reducing their liabilities.
The upcoming dividend is also a very positive note.
PE ratio is below 20 very cheap compared to US stocks in tech sector.
I hope this is a good lesson for people who switched to other sectors when the vaccine came out.
This pandemic won’t just disappear when a vaccine comes out unfortunately.
I think this will drop to circa 500p and I’ll top some up, and then peak at 560p.
Look, I don’t get upset easily with comments.
I was asking what I thought was a speculative question based on news of RNS. I didn’t think people would get upset.
I bought this share cause I love their cars.
But All in all my last 2 years with this share, I learned never be surprised with the next price drop or excited about a price rise. And looking at all the very positive feedback and posts on this chat makes me remember when there were almost 0 posts a day a while back.
Anyway, I will start to believe this company can be successful again when I see that they actually start to shift sales. But until then I will keep holding and I will have my doubts.