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"Why would you think it would ?"

Charlie Nunn took the reins 19 months ago SP 45p today the SP 47p something not adding up here

Hope this year's dividend payment doesn't get cancelled again

It's looking like BoE will halt its run of interest rate increases at its March meeting next week as a Lloyds investors I was hoping for another 50 basis points rate hike

The results were in line with expectations, and the market liked what it heard about volume growth and fourth-quarter positive free cash flow. Such metrics led to a 12 per cent share price bounce, and the shares are up 45 per cent year-to-date.

But we still think the wheels have come off Aston Martin as a long-term investment option. The shares have fallen by over 90 per cent since listing, despite the recent move upwards. City analysts have a mean target price of 156p, according to FactSet – well below the current share price.

Management expects “significant growth in profitability” this year, but for now, we remain unconvinced. The debt position is unattractive, and the big annual free cash outflow – of £299mn – keeps us on the sidelines. Sell.

https://www.investorschronicle.co.uk/news/2023/03/01/valkyrie-cars-drive-aston-martin-to-deeper-loss/

Key findings
UK headline index rebounds to +43% in February, from record low of +18% in October 2022

UK business confidence rebounded in February to its highest level in 12 months, according to the latest Accenture / S&P Global UK Business Outlook, as expectations towards future activity picked up sharply from a record low in October.
At +43%, the net balance of manufacturing and service sector firms expecting activity to increase over the next 12 months was the strongest recorded in a year, and marked a significant uptick from the +18% registered in October 2022.
UK companies were more confident than almost all of their European peers, with levels of optimism nearly double the average seen in the eurozone (+23%). Notably, business confidence on a global scale was also at its highest for a year (+32%), but remained lower than the UK average.
The boost to UK business expectations reflected growing confidence in nearly all of the 14 sectors covered by the survey, as firms predict a pick-up in customer demand and the easing of inflationary pressures. Hospitality firms registered positive sentiment for the first time in a year (+22%), with hopes that tighter budgets will lead households to spend on domestic "staycations" rather than holidays abroad.

https://www.pmi.spglobal.com/Public/Home/PressRelease/af69d200109845c9bcceb20765f8b6a1

Heathrow’s Terminal five has busiest day during February half term since the pandemic
Heathrow Airport said today that over 5 million passengers used London’s main airport during February, with Terminal 5 having its busiest single day since Christmas 2019, before Covid struck.

On the 26th of the month, over 94.000 passengers used Terminal 5.

Top destinations for the half term getaway were Dubai, New York and Madrid. The punctuality of departures was “most consistent it has been in the last 12 months”, said Heathrow, with 98% of travellers through security in under 10 minutes.

Heathrow CEO John Holland-Kaye said “this should give everyone confidence that we are prepared for a successful Easter getaway.”

https://www.standard.co.uk/business/ftse-100-live-13-march-hsbc-rescue-silicon-valley-bank-buyer-direct-line-results-bank-of-england-b1066746.html

Holland-Kaye’s confident outlook is underlined by continued recovery from the Covid crisis with passenger numbers at Heathrow edging back towards pre-pandemic levels.



In total, 5.2 million people travelled through the airport in February – only around 200,000 fewer than in February 2019 and February 2020.



The airport on Monday (13 March) said the half-term getaway had been "successfully managed", with 26 February proving Terminal 5’s single busiest day since Christmas 2019 after more than 94,000 passengers passed through.

https://www.ttgmedia.com/news/smooth-half-term-getaway-augers-well-for-easter-says-heathrow-38945

The pound has bounced back against the dollar looking good for buy the dip

170p range

GDP growth beats expectations the pound having a rally against the dollar passenger numbers out Monday can easily see this back in the 70p range with Easter getaway

The FTSE 100 is expected to nurse heavy losses at the open after US stocks tumbled hit by big falls in banking share prices.

Spread betting companies are calling London’s lead index down by around 116 points

UK GDP: economy returned to growth by expanding 0.3% in January – business live

Pound US Dollar (GBP/USD) Exchange Rate Rallies as Investors Buy the Dip
Following the latest US Jobless claims, which showed an above forecast increase, USD investors are engaging in profit-taking.

As such, other currencies such as Sterling are now finding their feet. With the Pound recently falling sharply against the US Dollar, investors may be dip-buying, resulting in the current strength

The FTSE 100 is expected to open in negative territory on Thursday following a mixed showing in the US after Federal Reserve chair, Jerome Powell, completed his two day grilling to lawmakers in Washington.

Spread betting companies are calling the lead index down by around 30 points.

The UK is poised to avoid a recession this year but suffer a slow burning economic slump that will leave GDP below its pre-pandemic level until the final months of next year, new forecasts out late last night claim.

Stronger than expected household spending despite sky high inflation plaguing families’ finances will put the economy on a better than feared path this year.

Rolls Royce: Broker flags 'abnormally cheap'

https://www.proactiveinvestors.co.uk/companies/news/1008416?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Rolls-Royce%20shares%20are%20%E2%80%98abnormally%20cheap%E2%80%99%20says%20UBS

As a result Moody's forecasts that in 2023 IAG will continue to grow volumes to 96% of pre-pandemic levels, increase operating profit to €1.8bn

https://www.moodys.com/research/Moodys-affirms-IAGs-Ba2-CFR-and-changes-outlook-to-stable--PR_474387

Aston Martin Lagonda Global Holdings Plc's (LSE:AML) impressive share price gains may have jumped the gun according to Jefferies analysts, which claims the luxury car maker's path to paying off debt is still unclear.

“The path to organic de-leveraging is unclear with more capital likely needed to fund electrification investments,” Jefferies said in a note.

“Given market and execution risks we would look for more attractive entry points.”

Jefferies has cut volume estimates for the sports car maker by 5% to just above 7,000 units, still up 9% on last year’s 6,412, citing an expected rise in its debt to £900mln by the end of 2023.

Last Wednesday Aston Martin reported full-year revenues of £1.38bn, up 26%, and 38% growth in underlying profits to £190.2mln, which were broadly in line with expectations.

The City reacted positively, driving a hike in Aston Martin's share price, which is now up some 90% higher for the year.

Aston Martin has expressed a more confident tone, Jefferies highlighted, reducing dependence on sales volumes to reach earnings targets as inflation helped to boost prices.

Jefferies dubbed the results “a treat,” but pointed to “mixed” details, however, forecasting its free cash flow to remain negative in 2023 and pre-tax earnings to only breakeven in 2024.

The US investment bank did indeed raise Aston Martin’s share price target to 160p, though this is 33% lower than Monday’s opening price of 240p.

https://www.proactiveinvestors.co.uk/companies/news/1008099/aston-martin-racing-ahead-of-itself-shares-rated-underperform-broker-1008099.html?rel=scroll

The news out today is good news for the airline and passengers and the SP drops, the airport is busy with people wanting to fly
Data out Monday for passenger numbers for February this will boost the SP

Another 25-basis-point rate increase on march 23rd this is great news for Lloyds Investors