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Tiny, you can ignore the article and end of the day it your money. Arrogant don’t mixed well with money… use your common sense.
If you don’t eat read then it fine and this is BB - it about balanced either side (unlikely C26!!)
SP will gradually go up until the point (RNS) drop in (refinance) the SP could be plummeted back to today SP…
Good luck…. ASP look good, 400 new jobs, other things and it look good but the cash is the concern at mo.
That my view.
Just article information -
SELL: Aston Martin Lagonda (AML)
The luxury carmaker is spending cash faster than it has raised investment, writes Michael Fahy.
It would be churlish not to acknowledge that some progress has been made at Aston Martin Lagonda. A 6 per cent increase in average selling prices was conducive both to its top line and its gross margin, which the company said hit a “record” level of 45.2 per cent in the fourth quarter. Yet this merely elevated the company’s full-year results to bad rather than awful, with its pre-tax loss halving to £240mn.
More important to a company carrying as much debt as Aston Martin is its cash position. Higher interest and working capital payments as well as a £100mn increase in capex as it developed new models meant its free cash outflow increased by around £60mn to £360mn. The luxury carmaker now expects to launch its first battery electric vehicle in 2026, delaying its previous target by a year.
So even after tapping investors for £310mn of fresh funding through share sales last year and benefiting from a £61mn tailwind as the pound strengthened against its largely US dollar-denominated debt, the company finished the year in a bigger hole than it started — net debt increased by almost £50mn to £814mn.
What’s more, it appears to be going through chief executives very quickly, with Bloomberg recently reporting that executive chairman Lawrence Stroll has begun the search for what would be his fourth chief executive in four years.
Aston Martin’s shares more than doubled in price in the first eight months of last year, as the Formula One team it sponsors performed well. But it has drifted back down since, with fundraisings increasing its share count. As we’ve said before, until it can start generating enough cash to make meaningful inroads into its debt, we don’t see any value in its shares.
https://www.ft.com/content/c6366579-582e-4dbb-bae1-6eec018383d4
This is just their view but we need respect of vary viewpoint.
Ches,
Much appreciated, still looking for transcripts (black / white to read). If anyone of you across the transcripts- post here link please.
Have good day…… and good trade (no trade for me today).
Anyone can find link for Aston Martin Q&A transcripts? I have read this BB (posts) there mentioned there will be no C&R and No equity raise too….. I believe it but just want re read wording carefully before I make the decision in few days time.
Will this be separately RNS from today for refinancing? Did Q&A mentioning when, how do refinancing?
Interest time ahead.
Live,
Apparently APPLE pull out APPLE CARS (said due to AI side) but we believe EV will become flop (lots of EV owners have gone back to Diesel/Petrol) ….. not sure what reasons and AM decide to delay to 26 was spot on….
Good Luck , in few days I will decide.
Stille… no.
Regret? No.
I will leave for few days to settle down but overall (RNS) is good and I was wrong about CR but disappointment as I believe it was needed otherwise pays more millions (on interest only).
Pleased to see the turnaround (financial).
I will sit back bit more.(as I said I know I could miss the boat but that my decision and I don’t think I have miss boat yet only 4% up ….. we’re you thought 10,20,30% go up when you type this post?.
Today SP shown that tomorrow going be positive news! (That normally, e.g: inside information)
I am pray that MM not do the sly thing (buyer think it going be good news and worth to buy now)…. If MM is not play game- then it looks good 🤞
Well said.
LTH… good luck, I do think the results are going be positive however the clarification for refinancing is the reason I still yet back in but hopefully the refinancing goes to better for long term (need CR to pay large part of debts to paid) or whatever but o would like to see at least 50-70% wipe out debts to start pay the smaller debt to able pay off ….. (not today debt).
I will shall know tomorrow for my strategy…. I hope I will see good all overalls news tomorrow for our LTH here. 🤞
TANO,
I am happy with my massive profits (July 23) from you lol….
Have good sleep (dream with all cars) because I don’t care!
Pity you just realised you could make these money but it your manager have all profits and you only get 50 cents and live in hovel.
Your brother (dirty bedroom) might just done better than you.
Enjoy your Richmond.
Best go forward is WAIT AND SEE on 28/02, the arguments here getting nowhere.
Just remember, you ask YOURSELF to why C26 (team) are so passionate on this share? They make all profits (in/out) also shorter (CFD) every days ….. it lots money to make profits … to you (1-2%) up via CFD it lot profits… they could br buy 10,20,30 times in and out daily (if they work on that day) … I remember they disappeared for days after spike down /up days.
End of the day C26 doesn’t give a S for AML.
The big day will reveal the potential for next 12 months (we shall know when is best time to buy or sell)
Read C26, post you idiot.
Stroll won’t let all debt to paid (new shares) because fees to pay to Swiss Fund (partly own by YewTree) called Zelon.
The fees (very good deal) and Stroll want keep these…. Oh you know nothing!! Look the RNS in the past!
You probably be popular but lose monies ouch!! Clever but c.o.c.k.y …. You made others (LTH) losing money!
C26 is greedy and fleece innocent peoples and you think brilliantly (nope)…. I am correct along the way since July 2023 and PIF many months before PIF joined also …. There is couples news but I was banned to shares on this BB by your mates.
28/02 is going be interesting
No no no…. Look your history posts. (Vehement). Same as SOS (don’t change your tune)
I was called all the names for say CR few months ago and now your last post could be said in original post at that time but no.
Let move on… my last few posts mentioned CR was ABOVE today SP BECAUSE TODAY IS 1.60s. Few MONTHS AGO SP was range 2.20-2.40 when you said CR no no no no no….. last post you said CR won’t below SP (perhaps not today SP 1.60s) BUT YES OT WILL BE BELOW 2.20/2.40 (at that time you were idiot to say no CR!!)
Pfft
C26…. Well I sold it 3.71 and below it for C26.
It was common sense as M. Cap was above £3bill!!!!!!!!! And that RNS (now mentioned below)….
Now YOU KNOW THIS GETTING BARGAIN AGAIN for flip (buy and sell in quick) we will witness 30,40,50,60% up soon but need wait to find out when is right time to buy….. like your team….. I be in (much cheaper than your) I be out much higher than you ….. you sold too early last year Summer hoo hoo hoo hoo ….I was tad too early but very happy…… LEAVE TO LTH, I do hope they prove you wrong re- 3.71 otherwise you be in trouble from your manager 😉