Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great links and information, thanks for posting TinyPie and Carpy.
Looking forward to see the results of the 30-40% cost savings, which has enabled spending on product launches and new infotainment system with Aston Martin user interface and a unique Aston Martin back end that will debut with each model's refresh DBS, DB11 and Vantage.
I don’t believe anyone else could have made such a big impact over 9 months.
Keep up the good work Tobias.... thumbs up.
Tobias at Q1 Presentation:
“Efficiency in the company is key for us. It’s absolutely key. When I started at the company, there were 400 cars in production at Gaydon to build 12-15 cars a day. Now we have 100 cars in the process. We had 70 assembly line stations. Now we have 23. We’re going to have all cars in one paint shop at St Athan, which is the most efficient way to paint the cars because the paint shop has to run at full throttle.”
Not a bad start..... we now have the right Management in place, I feel confident in that. GLA
From Interactive Investor "Citi's Angus Tweedie is among the most optimistic with a price target of 2,800p. He said: “These are strong results and, while this should have been expected by the market, we believe this should support shares as the management turnaround plan continues to gather traction.”
Each region had best Q1 looking at last 3 years.... not bad at all.
Well spotted BVCXZ, not sure he will make the next 007, but the car looks cool ??
https://www.skysports.com/football/news/11667/12297097/avram-glazer-manchester-united-owner-refuses-to-apologise-over-super-league-as-sky-news-confront-him-in-florida
As someone commented recently, the number of Aston Martin’s available on Autotrader is dropping monthly. At the start of the year there were well over 700 and today currently 581.
New and used stock at dealers all falling... just what current management have been seeking.
All very positive for tomorrow.
Just some data from previous Q1 for comparison tomorrow, fingers crossed we can match or better them.
Q1 Total Wholesale
Q1 – 2020 578
Q1 – 2019 1,057
Q1 – 2018 963
UK 2020 - 229 2019 – 235 2018 - 259
EMEA 2020 – 148 2019 – 211 2018 - 219
APAC 2020 – 94 2019 – 361 2018 - 277
AMER 2020 – 107 2019 – 250 2018 - 208
Yes another great write up for DBX well spotted Tiny. Looks as if all stock sold as I can’t see any currently available in Dubai just one advertised as grey /silver but showing a red in advert ... so maybe still on route to Dubai.
We will find out a lot more on Thursday, but looks as if DBX is selling well globally and will have a major affect on our ASP.
@19 as share 5% is £109 M .... sorry missed a bit there.
Just as well it’s a long weekend... and F1 to watch :0)
Hi Jack, I also agree this is holding the share price back just now.
I think your maths is slightly out as total shares in issue is 115 M so 5% would be 5.75 million at £109 m ... so hopefully that will reduce the timescale.
As you and C2645 suggest, I am sure this will take off when they have sold their planed share.
Possibly all done by May 1st or AGM, would be nice.
Next week we will at least have a better idea on our performance and I am sure a greater upward pressure on SP.
Have a good weekend
The list I wrote C2645 ... You seem to be getting a bit pedantic in your old age, but I do appreciate much of your fact checking and findings. Have a good evening ... we can talk next week about Q1 predictions / results.
Hi 2645, yes I believe the Chip shortage is a nightmare for car manufactures ( as I listed ), but we are not on the list and hopefully we will stay that way. I am a solid hold and adding when I can, been doing so since June last year. As you said "Bigger Problem for bigger producers" . My Glass is half full :o)
That's me got a few more at £18.97, just couldn't sit on my hands any longer.
With Q1 results next week and Sales looking good in Europe and across the UK, Asia should be one of our top markets and news from there sounds very positive. America I think we will have to wait until the figures are out on Thursday. Only 3 market days till results ... GLA
Nightmare I would have thought, seems to have had a major affect at JLR, Merc, VW, Audi and Renault in Europe with factory closures for weeks but I haven't seen or heard that we have any issues ... hopefully stays that way.
Thanks for the update Tiny, I would have thought at current selling rate they will have closed out at least by Q1 results. On the positive side it is giving us the opportunity to by a few more at this level.
Missed the opportunity to add today, it would be good to know how many Adeem have left. When they have sold out I agree should head higher rapidly, similar to when Investindustrial left in October last year.
Great clip, good to see the car being tested on the road by the boss.
https://mobile.twitter.com/astonmartin/status/1383053463198785536?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Agree ... 2400p - 2600pbetween Q1 and Q2 results, seems luxury car brands sales figures are very positive at present. Strong Hold and Buying when I can.
Just shows how much potential is out there guys and by the looks of it we have started to gain some of it.
Thanks for the link Ishi, some good positive data there. Cheers