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Aston Martin are in very good hands now, great 6 months from Tobias and effort from all those at Aston Martin.
Now we can relax a bit and have faith we are going in the right direction in safe hands and look forward to F1 reveal next week and race on 28th March Bahrain.
GLA
Results are out.... they look great, very great
Wow.... awesome
Yep, approximately 5% of AML in 5 minutes is what it adds up to. ???
As Carpy and Madman pointed out it’s the after hour trades I think are of interest tonight.
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=0&vw=st&SecurityToken=0P0001EQ84%5D3%5D0%5DE0WWE%24%24ALL&Id=0P0001EQ84&ClientFund=0&CurrencyId=BAS
Hi Carpy, that’s one hell of a lot of trades. I make it about 5-6% of AML... is that Adeem/PW Group sold. If correct I am sure we will here more shortly... we’ll spotted.
Very interested to hear thoughts .... Has Stroll as suggested in an earlier post taken this on, if so I am feeling very positive. Thumbs up
Hi Doosan,
Love Finland, my son lives in Vaasa. Normally at this time of year we head to Yllas for our annual ski holiday.... not this year unfortunately.
Regarding prediction, I think so much will depend on the plans and developments which Herr Moers will confirm on Thursday. I believe much of the bad news has been priced in so anything positive should send the SP up.
Think Stroll / Moers will have something positive for us and the media ... let’s hope so.
SP 24.40 GLA
Billionaire Lawrence Stroll is solidifying his control of Aston Martin Lagonda Global Holdings as Kuwaiti investors who used to be among the U.K. carmaker’s largest shareholder shrink their stake.
Amr Ali Abdallah Abou El Seoud, Adeem/Primewagon’s representative director on Aston’s board, stepped down from the position after the shareholder group’s holding in the automaker fell below 7%, the company said in a filing Friday.
This is the second reshuffling of Aston’s board in less than a month -- three members stepped down in late January and were replaced by five new directors backed by Stroll. Adeem also gave up a board seat in November in anticipation of its holding dropping below 10%.
The Canadian billionaire became Aston Martin’s chairman early last year after leading a rescue of the sports-car manufacturer. Stroll, 61, has injected much-needed cash and forged closer ties with Daimler AG to survive tumultuous times for the auto industry. He replaced former Chief Executive Officer Andy Palmer with Tobias Moers, who used to lead Daimler’s AMG division, and has returned the company to Formula 1 racing.
Adeem and other investors bought Aston from Ford Motor Co. in 2007. They took the company public in a 2018 share sale that sought to replicate the success of Ferrari NV, but the stock plunged due to inventory-management and liquidity issues.
Well spotted NoahsArk, definitely one man in charge.
Great news and nice to hear Moers comments, all very positive. Going to be some very lucky customers out there.
28 x Bentley Bentayga 20/21 and with the new rear light cluster for 2021 not a surprise.
FY Results 25th - Hopefully see some good DBX and China figures along with those low hanging fruits.
F 1 commencing in March - Stroll’s Global Brand Aston Martin, I am looking forward to see the impact on Q2 results.... along with more factory input from Moers.
Valkyrie deliveries starting June.
Q3 implementation of new Mercedes technologies in to product range
Oh and let’s not forget: Bond “ No Time to Die “ sometime sooner or later
Hi GT, with you on this one. also.
Facts, news and interests... no nasty, snide comments please. Sometimes I don't like some of the facts .. but if facts you just have a accept it. C264 and others often had some good points although often negative, but we just have to accept the figures are sometimes not what we want to see, but perhaps are correct.
Still not long till we get the Q4 results and hopefully some positive data.
Good weekend all.
Hopefully we will see a substantial increase in numbers in Q4 lead by China, if below quotes are anything to go by.
Financial Times - Chairman Lawrence Stroll - Demand right now is phenomenal,” he told the Financial Times’ The Future of the Car digital conference. “China really returned first and strongest, and is gangbusters.”
Financial Times - CEO Tobias Moers - Sales of its DBX sport utility vehicle have been gaining “momentum” in China
Blomberg - China President Michael Peng shared his optimism for the year
Two great write ups, well spotted Carpy and Englander. Feel more confident every day :o)
And should give them more money to invest in their auto business - AML
I am looking forward to hear the progress Stroll, Moers and Gregor have made in the last 6 months. If we receive some positive updates on the subjects you mentioned JJ - Sales, China, DBX and future developments we may be looking at £25 + after Full Year Results.
I believe it will be this year we will see their efforts start to come to fruition and if there are signs in the latest quarter of significant progress; expect a lot of interest.
Well there was a big jump in trades, over £40 m on Friday, could be a number of reasons but probably due to rumours.
The China piece I am looking forward to hearing about is volume of sales in the last quarter, wait and see what is phenomenal : )
A good last quarter of DBX could have a major affect and will give confidence for future, especially in current times.
LTH for £6 (120), £8( 160) or £9 (180)
Yes it’s all looking good and if what Tony B says about DBX production is correct then Q4 figures will be very interesting. Strange day, didn’t expect to be up 5% ... but nice.
Moers and Stroll I agree will flat out getting the business right first and then let the results do the talking.
And these guys will be pushing for results.
Obviously a lot of excitement around the F1 launch and Stroll will be in his element marketing the return of Aston Martin.
Great marketing, looking forward to see the resulting sales.
More than happy if we have a steady increase of 1 or 2% a day below radar :0)
Congratulations Cortez, well done and have a great day out.
GT4, appreciate everything you did here, a great offer for fellow holders, nice team effort. Look forward to normal times when we can all meet up. Have a good evening