RE: Interest in buying AML....may be13 Jun 2022 09:41
I wont make much of a comment here because I am no longer a shareholder (I was believe me).
There may be a bid, it is one of the worlds premier brands. But that doesn't mean much of a premium is guaranteed, in fact may not be at a premium at all.
Secondly while we may have reached the floor regarding the SP, there is certainly not much prospect of meaningful recovery to the SP any time soon (at least without a bid at a premium).
Lastly, as a petrol head, what is the future of premium cars? Are cars not destined to become appliances, a bit like fridges and cookers? IC cars, or at least the desirable ones, are all about their engines. But when they all sound like milk floats and maybe all brands share just a few generic motors what stops cars just becoming a day to day tool?