Member Info for jedclampit

I have been watching all these Numbers you have been putting up and all the thanks from other posters, but all that info in available all day at the top / right side of the price page for us all to see. But you mean well I guess.

However, when a very successful investor and F1 insider partners with another very successful member of the F1 family, We all know that you refer to Wolf from Mech etc
He was in the paper and said he was investing a 5% stake in AML but said that % holding would probably go down to between 2% - 4% when more money was need, so even Wolf know s there will need to be more money. I just wonder when the consolidation comes along even if it is x 10 the sp will go to say £5.50 but again we all know it will not continue to trade at that and will like all consolidations go down to maybe £4 or less. Still think it's time to sit and wait to see what happens.

AML has got no comparison with these companies, Tesla is long term and taking the market lead with volume, Apple / Netflex ,different market & Rolls royce is aircraft engines.
AML has never made a profit for more than a few months, gone bust about 3 times and raised money about 4 times.

So now with some 1,520,014,450 shares out there when will a consolidation take place and what will it be x 10, x 20 , x 50 ?

Are we now at last going to push through the 25p mark?

It's not realy about how many cars they sell of the new Valkyrie which alone add up to in excess of £400m. it's about if they make any profit and at the moment the city doesn't think they will be making profit. Just because they have raised money again for what about the 3 -4 th time it's also about will they still be in business in another year. So 50p might still be too high.

( you can't underestimate the positive influence of being able to buy obviously cheap shares in a British icon..)
It might be a british icon but I don't think it's a british company any more.

Me what do I know, like many others I am in here for much higher than 24p, I have topped up a few times at 17p and 22p and after the rns on 31 st March giving a rough outline what the results were going to be I was hoping the sp was going back up.
But since then we have had very good days on the markets and some poor days but AA doesn't seem to want to move either way, now with another good day today on the markets of about 150 points many other companies that were down have all gone up but not AA. Who knows what the MM are thinking about AA but I like many others have also been in stocks that should have gone up after their results but haven't. It is just a guess from here.

Look the market is up some 130 points and AA is still not going up above 25p, maybe that tells you something.

I think you have had all the good news and that's already built into the price. We might see the sp go down after the results if they stay about the same as announced, and that happens to lots of stocks after the results catching us all out.

But we already know more or less what the results will be, they were issued on the 31st MarchTrading EBITDA up 3% to c.£350m (FY19: £341m), in line with market expectations; PBT more than doubled to c.£107m (FY19: £53m)

· Capex of c.£69m (FY19: £82m) in line with guidance

· Free cash flow (pre-dividends, refinancing costs and bond buy-back) up significantly to c.£83m (FY19: £12m), in line with guidance

· Completion of the triennial review of UK defined benefit pension scheme to 31 March 2019 results in a significant reduction to the technical provisions deficit of 64% to £131m (31 March 2016: £366m). Annual cash saving expected to be c.£6m per annum year on year

· Completion of a consultation process to close the CARE section of the UK defined benefit pension scheme to future accruals reduces the pension cash costs by c.£4m per annum. The consultation has resulted in an enhancement to the defined contribution scheme being agreed for affected employees which will cost c.£11m over three years starting from 1 April 2020

· Continued proactive debt management underpinned by improving operational performance

o £32m of bond buybacks completed, A notes £3m and B notes £29m

o Average debt maturities extended from 3.3 years to 3.9 years following refinancing in February 2020 of £325m of A5 notes with new A8 notes at 5.5% interest rate

Come on AA please prove me wrong.

So the other week I was thinking who is in the stronger position PMO or TLW and after reading lots of press etc I thought PMO, but now after moves from both I think TLW now stands to do better. But who knows.

With rns's from both Marks and BP not looking too good I would have thought we might see a drop first thing today.

Here comes the push, it will be 25.6p -26p by days end.

Says who, all we are seeing on here is buy buy buy but we all know this is going down towards the 30p mark so many of the investors can make money.
The car market has changed and will be in trouble for what about 2 years until all this virus stuff is sorted and untill then people will be spending more time and money on themselves and family and not the mayerial things. AML has never made a good profit for more than a few months before someone else has had to bale them out, again and again and again. come on 30p ish.

It's always good to see any positive posts / articles but why does there always have to be a negative point at the end of it.
To me that just says they are covering themselves and are on the fence, just go with your view and stick to it.

And I topped up again yesterday which now looks like a good move.!!!!

Yes I saw this as good confirmation of good news but every rns is seen different by different posters, and so I bet there will be some who do not see this as good news.
Let's see!!!!

So is this more good news or not?