Member Info for srostron1983

I have a feeling the cash balance sheet is healthy, just think of all those deposits they have taken on 150k minimum DBX.

I would love to see this in the 50's tomorrow and touching 60's by end of the week.

GLA

" Very solid sources are now saying that a deal has been struck for Vettel to join Racing Point, which becomes Aston Martin next year, with the suggestion that he will replace Lance Stroll. "

https://www.race.news/2020/07/17/vettel-closer-to-racing-point-in-f1/

I have a brand new OLED 65" TV and Netflix but I must of watched 2 movies in the last 3 months as I always get disrupted by the wife and kids every 10 minutes.

I can't wait to watch Tenet with a beer and nachos next month.

Glad to see this moving upwards, I bought in at 90's like many others so having to play the waiting game now.

Finally this stock is heading in the right direction, I am predicting 60's by end of the month.

- New Factory
- DBX now on the production line
- F1 Racing Team
- New CEO

Very happy to see this stock increasing again, a lot of eyes are watching AML and to survive the pandemic especially in the motor trade sector I think things are looking very positive.

I'm sure we can see mid-50's this week.

https://www.telegraph.co.uk/cars/features/aston-martin-finds-cause-optimism-first-dbx-produced-wales/

" Five hard years and an undisclosed amount of investment, including £18 million from the Welsh Government, paid off in part yesterday when the first production Aston Martin DBX luxury SUV drove gently off the production line.

Covid precautions meant that the number of people was limited and it was a sober and muted ceremony in front of a few media and the workforce at St Athan. But the pride in achievement was palpable.

“It’s been a Herculean effort,” said Scott Ward, director of manufacturing at the factory in St Athan, a former Ministry of Defence service facility in the Vale of Glamorgan. No pun intended, although the three massive hangars, purchased by Aston Martin in 2016, previously serviced the RAF’s fleet of C-130 Hercules transport aircraft with their 40-metre wingspans.

“We said we’d do it by 2021 and here we are in 2020 with the first ones,” Ward added.

Actually, St Athan has so far produced up to 150 pre-prototype cars, ramp-up and test vehicles but this example, finished in Stirling Green and destined for a customer in Europe, was the first one for which it will be paid. "

from reddit.

Commented the below in another Boohoo post, so posting it here too.

If there's one thing that trumps ****ty business practices it's fast fashion.

The customer demographic in the fast fashion sector doesn't overly care or even know about about the awful business practices of companies like Boohoo, ASOS, Primark and so on. They want fashionable, trendy clothes for cheap, and they rarely if ever look into how these clothes are produced and at what human cost it took to make them.

Let's not forget that companies like Apple have had some very serious allegations against them for using poorly paid labour, the factories in China even put up nets to stop people from committing suicide. I would imagine these working standards haven't improved much in recent years, there are reports of Foxxcon breaking Chinese labour laws as recent as September 2019, yet every day on here people recommend Apple as a stock, and buy iPhones and Apple products.

Also if you read the stories about this, they are focused on a garment factory in Leicester, with a company operating in it called 'Jaswal Fashions'. Apparently this company doesn't supply to Boohoo, and according to Jaswal Fashions, they do not work in that factory and some other company is trying to operate under their name. Jaswal Fashions ceased trading in 2018.

Poor working conditions for garment workers are nothing new, it's never stopped them in the past, and it won't stop them now. In a week or two all Boohoo's customers will have forgotten about this (if they cared or even knew about them to begin with), they will be back to buying the clothes and the investors who panic sold will be back.

Could this be the tip of the iceberg? Maybe, it's possible that there are more issues regarding Boohoo that are causing this share price drop. A short seller called out Boohoo recently with claims of faking profits, but I always take short sellers accusations with a pinch of salt - they stand to gain from their accusaions being true. But if the only reason is these allegations of poor working conditions, I think it will rise again within the next week or two. It's a strong company, with good financials, a large increasing customer base and has done VERY well during the pandemic.

I have a position that i'm holding in order not to make a loss, then I will probably sell once it comes back up. For the record I don't condone the practices in the fast fashion sector, and will probably sell as I need to start looking at my investments from a more ethical standpoint.

I hate shorters holding back the markets, its time to grow not profit from negatively.

Pubs and restaurants are going to be rammed next month, I can see this SP rising nicely now over the next couple of weeks.

This is excellent news, just what these sectors needed.

I'm off to the pub see you guys later !

A little scandal over minimum wage when most of our goods are made in China that probably pay less than 10p an hour and have little human rights but the media is not bothered about that.

250 by lunch time

I would be surprised if BOOHOO themselves we're actually paying that, it was probably a factory they do business with, the media love these scandals.

If it does i'm selling my house and buying 200k of shares.

https://caerphilly.observer/news/992879/welsh-government-announces-new-scheme-to-support-bus-services/

I don't know look at the BLM protests in London almost a month ago, we had thousands of protesters in London and we haven't see a rise in cases. I guess we will have to wait and see but your right its gonna be a couple of months before this stock price starts to increased, kinda PS as I bought in at 70's.

Why you stressing, just give it a couple of months I'm sure once the US has the virus under control and all the screens are open it will be back to business.

Anyone with L2 see incoming trades? Lots of buying today.