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So because a 5% stake at Hav has been valued at $60m, does that therefore mean the estimated value of Hav is $1.2b? If that’s the case with the market cap currently being around $480m we have the potential to see a 120% rise from here based on just Hav alone?
Cheers, interesting read especially for the fact that to a shock *gasp* another palmer error withholding the royalty in ipo so Stroll left picking up those pieces again. But again that article definitely seems like it would favour with Aston Martin. The basis being who breaks the contract first, which would be nebula based on how can Aston pay any royalties to them if they haven’t had the money for the car to sell it? So that’s an easy win for Aston.
Don’t have access to this f1 magazine nor can find it online either, but all the other outlets that cover the case state that Nevula were the ones to not pay Aston the deposits of £10m and therefore based on that haven’t held up their side of the contract thus Aston voided the contract. Since then Stroll is having o funds go through third party’s. If anything Aston are the ones sueing them and look more likely to win based on facts so hopefully in a couple years we could get a nice little influx of a payout into the company. As for figures they have to have the context behind it. Sales run into next year orders book if you call up any dealership they will confirm it. And as for production, Moers messed that up by closing off half the production. Based on jobs on Aston careers page they are clearly looking to ramp that back up so the production should come back for end of year. The debt is what is behind handles most by the influx of cash from the raise. All the concerns you have clearly are being sorted by the board and especially Armedeo by the looks of things. Whilst I agree that the bond situation wasn’t the right thing to do. It was Palmer that set the company up to fail.
@Lurkio the Valkyrie is a gateway into the hypercar market, as soon as they start setting official lap times they will dominate. The pro around Laguna seca was a full 9 seconds faster then the current top production car (mclaren Senna) that was also with a “normal” driver going around the circuit casually and not pushing it incomparison to the mclaren which was. The car was something that has never been done before and now it works they can build on that, release some special editions of it. All the R&D is paid for. And work on the Valhalla. This is just the start
C26, you may have missed it so please can you show the source of nebula sueing Aston for £210m?
Also 27 Valkyries in H1 considering there was 7 the previous year is bloody good going. And shows that if they carry on increasing production as the complexities of the build iron out and parts supply recovers (due to the worldwide lockdowns that happened and chip shortages etc)
That is a fantastic document you have posted lying everything out and shows how much better Astons Fundamentals are as a company in comparison to the other car manufacturers in that sector.
All in all his target to reduce the huge debt and **** show palmer put the company in is what the company needs to do due to the huge interest rates, this raise is very positive news as a clear debt not as a free cash flow therefore the raise isn’t needed for day to day survival but to accelerate what stroll wants to do over the coming 5 years (2years in) therefore the raise is a choice not a necessity.
Once the debt is paid off and he turns it into a profit making company then there is no reason why Aston won’t be a very strong company
Actually, upon a second look the numbers are all over the place and not what they should be, pershaps it’s due to being the £ equivalent rather then the pence. So 9.15 = 915 but then on the current day it shows it in pence
Really they need to raise more, pay off the debt due to the high internet payment, ramp up factory production due to it doesn’t matter about taking more deposits for cars as the order book is full to the middle of next year if you call up any dealership. They have cleared all the stock that Palmer created and now made to order so less money tied up in dead assets. This will just take time and all manufactures are struggling to make the cars due to parts shortages. It’s all just a case of the debt is the killer right now. The electrification side of cars will come via Mercedes so let them pay for the R&D and by having them invested in the company means using their tech and giving them a cut from the sales. This really has got a massive future ahead as long as the debt gets paid off
Also whilst talking about SoftBank, can you also provide the source of the Nebula £210m court case as all that can be found online is about Aston Martin sueing Nebula Projects over £10m worth of deposits from about a year ago?? Surely a £210m court case would be news worthy and all over the internet not hidden away in some corner, especially with how big a company Aston Martin is. By the looks of it too Aston have every right to sue them rather then the other way round reading the information behind it
It wouldn’t of been a quick decision, they have ties with Saudi Arabia already as look at who the main sponsor is for the AM F1 team….. I’ll give you a little hint, they are currently the 2nd highest market cap company and were above apple earlier in the year
Personally feel like they should try and raise more, completely clear the debt off so not building more debt from the interest. They have an order book into next year, production just needs ramping up which by the looks of how many jobs are being advertised on the company website looks like it is for Gaydon. Once Valkyrie is nearing the end get another hyper car in the works based off the Valkyrie or a few special editions off it. The Valkyrie is underpriced for what it is so could easily sell 10 limited editions for £6-7m+. The main challenge for Valkyrie was it was such a different car to any they have done, a DB11 and vantage are similar cars so now they have the hyper car design working in house they just need to capitalise on it. Definitely positive news this raise even for current holders as think of the money going into the company will either clear a debt or increase assets, its not gonna just be giving free shares away even if they are at a discounted price. Anyway that’s my $0.02
May have already been said (however I can’t see it) but Aston posted on their social media (Facebook) last night about the first customer Valkyrie being finished. Looks like there’s also another 3 nearly ready right behind!
All of the above can be explained, spike in feb - Bhukia. Drop back down -Bhukia. The spike to 18.20 was when that Blogger think his name was something like Zaks lounge. All gold explorers are down with the price of gold going up back end of last year and then falling steadily since feb time. PAT is clearly going to be a long term hold. Even after amazing drills I don’t see it doing what GGP did. The only way that this share will pick up is a positive outcome from Bhukia or a feasibility study that successfully turns into a drill or selling a confirmed site to an already established driller. Anyway that’s all my opinion so time to just bottom draw and hold then in a year or two we will be thanking ourselves we never sold for a loss.
Also JL you do what you want to, if you want to carry on updating the board each morning then you do that.
GLA
DYOR
Most of us don’t care if this floats between 9p and 13p, as we are going long waiting on the results. As soon as results come in we will go one way or another, those are the movements we are waiting for. Just keep holding until results come in and try and put the depressing SP out of your head. Easier said then done I know
GLA
DYOR
HODL4GODL
Just wondered if someone can explain why if i zoom out to a 1 year graph of the SP and I put a ruler along from 10th jan SP to current SP, it’s almost like the SP over the last 8/9 months has followed an almost direct downwards slope, when do we think the turning point for this company will be?
Hi JL, for me personally I recon it’s a rough area where we will be based on the news. For me my sell target is a lot higher and will see it as a long term hold. I will probably top slice 25% at around the 200% mark so 50p region. The news to come will be crucial to the future direction of the company and it’s SP, similar to HE1 we have more then one shot at the payload but thankfully the difference we have is that there are multiple targets in very different areas all potentially picking more then our current market cap.
The best thing though is MB, he is a fantastic leader to the company and shareholders making deals with our assets to fund us rather then diluting current share holders!
I have invested for these reasons above, the potential targets we have, the variety in the targets due to there being more then just gold with copper for example and MB as the perfect director to get the materials out the ground