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The answer is simple they burned through cash because they built a brand new factory. Developed a new DBX, developed a team to build new DB5 and selling for 3.3mil each. Thats all done now and they are all coming off the line so the can reep the benefits of these past investments. Plus the low hanging fruit Tobias is saving.
Simple they want the price point of each share between £20 - £99 to bring less volatility. look at Daimler €55 thats a good target to work towards and I have no doubt we will be there at the new price.
And db5
https://youtu.be/lijCsqV0iEQ
https://youtu.be/JfgALH_l1BA
https://youtu.be/_dHmhKrZHW4
Just hold guys.
Ha yes jtrader that's probably why they stated 10k units when the factory could produce 14k. Just looked back at previous year volumes and my god I did not realise aston had so little output. No wonder they struggled without the economy of scale.
Would AML not be in the more relaxed bucket..
Manufacturers responsible for between 10 000 and 300 000 cars registered per year (“niche” manufacturers) can apply for a derogation target for the years 2012-2019 equal to a 25% reduction from their 2007 average emissions, and a derogation target from 2020 on of a 45% reduction from the 2007 level.
https://ec.europa.eu/clima/policies/transport/vehicles/cars_en#:~:text=Penalty%20payments%20for%20excess%20emissions,premium%20for%20each%20car%20registered.&text=%E2%82%AC95%20for%20each%20subsequent%20g%2Fkm.
Grrr typos try again..
New Factory
New SUV (DBX with solid order book)
New Investment from Lawrence Stroll (skin in the game)
New CEO from AMG (Tobias Mores)
Two upcoming Bonds 007 and £££
Beautiful car portfolio.
25 x New DB5 at 3.3 million each
New tech deal with merc
F1 Racing Point to become Aston Martin
What more do you want? :-)
New Factory
New SUV (DBX with solid order book)
New Investment from Larance Stroll (skin in the game)
New CEO from AMG (Tobis Mores)
Two upcoming Bonds 007 and £££
Beautiful car portfolio.
25 x New DB5 at 3.3 million each
New tech deal with merc
F1 Racing Point to become Aston Martin
What more do you want? :-)