Member Info for NRL2901

Agree with your posts of 11:35 and 17:05 respectively carpymick and jack

Carpymick - response was “I’m afraid we can’t give the names of the institutions who subscribed for the notes, but they are a range of both domestic and international investing institutions.”

Chat - from recollection there is no option to redeem the whole two years before expiry. There was a 12 month before expiry option and an option to repay a fraction (less than half) with set consequences pre 2024. As I say, please read the prospectus (which I appreciate is a whopping document) as it was set out in there.

Carpymick and jack - the prospectus last autumn set out the rights, consequences and limitations on refinancing the debt. From recollection as it is circa 6 months since I looked at the prospectus, I think we are lumbered with most of debt at current rate until 2024. Two key things for me were: Gregor and rest of management team were comfortable with the rates and share price subsequently increased (showing market happy); and the name(s) of the lender was never released. In other shares I have invested in the lender has always been named. IR advised me it was a mainstream lender. Appreciate was discussed on here at the time but I Still have reservations if Stroll and mates are part of the lenders.

Roller coaster day again so far. Hopefully the large directors buy a very positive sign and the share price will move towards the top of its current trading channel.

Agree with Fluker and other comments. Great net debt reduced by £4 million between 31.12.20 and 31.3.21. 1353 wholesale volume for Q1 even higher than the 2019 figure Vorlich001 posted. 55% of units sold being DBX and clearing inventory/increased ASP also good news. Hopefully UK and EMEA demand will significantly increase in Q2. AML also reiterate importance of specials. All in all confirms all of hopes regarding performance to date. Good luck all

For those not aware the 2021 Q1 results webcast is at 08:30 tomorrow. Results released 07:00. Previous webcasts have been quite informative. Be interested if Stroll present. Last time was Moers and Gregor.

Have not posted in a while but a couple of points:
1) I suspect Adeem’s sales will go on for at least another month. However long it takes it takes. Bit like II in that it is frustrating and timing strange as they know where AML is heading. Also what IR told, I think, Tinypie, suggests some elements may be maintained if several entities involved. It is not like II who were closing their fund;
2) keep the faith MattyG6R. The high you refer to was early February 2021. 7-10 days later was the Adeem 7% threshold rns. Initially I thought that the drop was down to natural fluctuations in the sp after a sharp rise. Remember we were 1360p in mid December 1st day post consolidation. On reflection, drop mainly due to Adeem selling 7% in up to £2 million chunks. Take point others have made that it seems to be a sector wide drop the last few days looking at Ferrari sp etc;
3) use this opportunity to either top up or (like me if bought initial shares in a regular account) use this 1810-2050 trading range to transfer shares into an ISA with limited risk of losing a load of shares;
4) I suspect good news tomorrow. Cannot see Rob’s £25 forecast next week being right (but would be delighted to eat a large slice of humble pie if it is correct) but hopefully it will quicken Adeem’s exit.

Margie123 - I applied for £1000 and got approximately 55% of that. Do not know how they worked out the proportions. If 2.5 times oversubscribed would have expected everyone to get 40% of what applied for. Only caveat is mine is split across a fund and share account and an isa. Not sure if the shares held in isa counted given the shares could not be placed directly into a isa.

Will be interested what happens when the SP hits the 2040-2060 range as that has previously been a trigger for large sells. Would normally expect SP to pick up ahead of results.

Hoping it is a positive Q1 results a little earlier than last few years. Strange day for the share price today in a narrowish band. Three times hit 1960 and got pushed back. Have a good weekend all. Be relieved when Adeem out so sp can properly rise. Hopefully will be like when II finally sold out.

Agree with doyezee. Also it is generally a red day for the market today. Would imagine most stocks are down across people’s portfolios.

I contacted the sfo and Luftkin’s solicitor in February but did not get a response. As a public body, in my opinion, the SFO have a duty to explain how we went from sentencing in February 2021 to a mention hearing on 21 June 2021. Something must have happened in the background.

We should be positive tonight. Sp at its Highest level in around a month. Maybe not a breakout on one of Englangder’s charts but certainly an air gap between sp snd the bottom of the channel. Positive also a steady rise this afternoon. Does it maybe mean adeem no longer selling or is it people or IIs buying in in advance of q1 results? Time will tell. Whilst people were getting frustrated with the relatively narrow channel we were trading it, strong support around £19 is a hell of a journey from where we were. Remember we opened at £13.60 on consolidation in mid December. Have a great weekend all.

@MadMan111 - I am separating out the recruitment side based on what I read via BBC and Welsh press. There are different financial consequences of redundancy, versus an unfair or wrongful dismissal claim following the termination of an individual’s employment. Redundancy is the role no longer being required, hence legal opinion you should not recruit into a role you have made redundant for at least six months. 95 does seem a big number in the context of staff numbers and a full DBX order book for several months.

I am surprised no one has commented on the Citi upgrade and £28 price target.

I totally get the anonmisity to derampers but would suggest gt4’s post is re-read. I think it is legitimate to question the job losses, which are front page news in Wales. Best possible spin is the previous management did not structure the workforce well (which is now being addressed) or is part of Tobias and Lawrence’s “low hanging fruit”. Worst case is dbx sales not good, but think can discount that from the two directors and non executive directors purchasers. Remember once those roles are made redundant AML cannot fill them for something like six months without opening themselves up to the risk of employment related claims.

Dukeofyork - please can you clarify if there was a typo and you meant 6p by quarter end (not Christmas). I thought your 2021 Year End Share Price Prediction was 16p. If revised downwards please can you explain for the benefit of the new posters why you are still bullish (over triple where we are now) but not as optimistic as you were.

Stephen, I hope you have retained your shares and continue on this bb. Your posts are informative. If you have left (1) good luck with your other shares and discussion group and (2) you will be added to a list of fondly remembered former posters like Dimi, Nevas, Synxs, RoxburyHouse. ATB

As well as the fib retracement helpfully raised by Dr.Anomaly, presumably at some point there will be directors buys if the share price stays how it is. Not sure how they came to the 5.5p valuation in January. But the Whites, the new II and others will surely be concerned if goes much lower than the 5.5p they paid six weeks ago. Tomorrow a big day in my eyes as Friday tried several times to break 6p, today 5.8 then 5.5p and then seemed to test below that!!!! Appreciate it picked up towards close. I am not sure if Synxs still posts here but he or she made a valid point on AML that if you believe in the company, the fundamentals etc then block out the share price and remember why you are invested. Was well under water with AML and now it is by far my best return.

For those who have not seen Stroll’s interview on CNBC, I would recommend it. As well as general AML stuff I found it interesting that: i) Reichmann was name checked by Stroll (and also appears in the Bombardier publicity) so is clearly valued (previous suggestions on here was he was being marginalised); ii) rapid covid tests for each staff member before they enter into AML premises; and (iii) Brexit having little impact due to forward planning.

Doyezee - it may be Adeem/Primewagon shareholder group selling that is causing this. Remember when II were selling and we could not understand the drop. Similar in the autumn with the other former Kuwaiti director. Very strange day so rise by almost £1.50 from previous days close and be down by the afternoon!!!!