RE: AML23 Jan 2020 13:49
Ross, you can buy a new AM for £125,000 so £200m equates to 1600 cars, so on the face of it one would expect an injection of £200 m to resolve the barriers to continued success. However whilst they appear to have orders for up to 2000 cars, these could fade away if AM is particularly slow to deliver. I am surprised that AML found itself having to pay 15% for finance which is likely to mess with profit margins. DYOR they say, however its not easy to get a clear picture with AML, or indeed with most of my shareholdings, GL.