Member Info for Scarfell

It's the brand and what somebody is willing to pay. You can look at all sorts of companies financials and scratch your head as to why the company is priced as it is (banks, housebuilders, telecoms). AML share price is likely for the next few months anyway to follow market sentiment, which in my book is overly pessimistic. I'm not saying I am a long term holder. Anyway enough idle chat, I have a lunch to go to.

I made a few bob buying and selling AML between April and December 2020. I know the fundamentals are still weak but luxury is less affected by recessions (as shown by LVMH) and there are interested other parties now. They have at long last got a SUV which though pricey gets good reviews. Mind you it's not pricey compared to a Prada handbag. I also bought AA when that was bombed out and that turned out well. I admit I don't always get it right and haven't bought large at these prices.

It's good to get that analysis from C26 as it balances the optimists. At the end of the day though it still has one of the best brands in the world, good cars (aside from electric) and other businesses interested in taking and possibly increasing stakes. With those considerations, and given we are in the midst of doom and gloom, for the price around £1, it seems cheap.

It's not going to increase the appeal of the car outside of China, but perhaps like Burberry, the future lies there - a shame in my books.

Another law firm throws in the towel. Does this mean that the contract with Snorkel is in fact not worth the paper it is written on? The saga will go on but whether any ordinary shareholders will ever benefit is another matter.

I don't have the guts to invest here again, having lost lots to subsidize other peoples lifestyles, but it is looking more hopeful after today's RNS that shareholders might not be stripped of all their investment.

Nice analysis H. The market seems to agree with as well, though would have gone up more but for the general doom and gloom. I never thought I would hear myself think - bring back Boris/Rishi.

We are indeed in strange times when a company can post such good results and yet see its share price fall.

Interesting that VRS is well down today and AGM (Applied Graphene) is well up despite no RNS. I am unfortunately invested here, but at least there is some revenue in the finances. AGM continues to show no revenue - how long can that last?

Thought I would change the headline reflecting the RNS this morning. Surprised it hasn't risen more - if it had been bad or neutral news it would have dropped like a stone. Anyway have topped up - patience needed.

Mentioned as a possible bid target (due to the low £) in the Sunday Times.

Ok it's been on the cards for some time, but incredible limp reaction to news of a merger for the mobile division. It has the potential to make a big difference to cost sharing and pricing - probably bad news for customers.

life not live !

Exactly - it's very unlikely to go 'belly up'. It's well diversified with cruise and insurance. Insurance is competitive but not to the extreme of being unable to make a profit. In my fairly long live I have pretty much only insured with Saga , Aviva or esure. We are all going to pay more for car insurance. The cars they make now are often write-off with smallish prangs. They don't make them with solid bumpers anymore and the grill is almost in-front of the bumper on many cars (Mazda take note). They are also hugely more expensive than in the past.

Suspect it will stay above 103, but yes tempted myself again having done ok with this in 2020.

Possibly, but I doubt that - it was at a rock bottom price in July and has recovered to not quite rock bottom (still only a bit more than half of its price in the middle of the pandemic, i.e. April 2020). It should be doing very well with the chaos in the markets.

It's a pretty good cash cow and the price of the shares now is the same as it was in April 2020 when the market in general was just off the lows of March but still talking about hundreds of thousands of deaths due to Covid. It's still the first point of call for many looking to buy a house (autotrader equivalent). But yes to think it's valued at 4.3 billion when BT with revenue of over 20 billion is only worth 3 times as much does seem hard to comprehend. The point is whether the housing market collapses or not - not sure it will if unemployment stays low and the country's population moves ever upward but this and housebuilder shares suggest a lot of people think otherwise.

With the share price drop, I was expecting a bad RNS, but it's a good one - the chairman just bought 28k.

Director buys including Zillah Byng-Thorne who seems to judge when to buy and sell this stock quite well. Perhaps the 5% less income tax will encourage her to stay on (as if).

46.46% voted against the pay package for top management. If you assume that more than 50% of those who didn't vote would be against , it's quite some indictment of the greed not to mention poor judgements - as in the huge investments/losses in made.com.