Aston Martin Lagonda Glo... Share Discussion Threads

[timc2645sg] 06/3/2024 20:41

Of course you do.

[swiss tony] 06/3/2024 20:37

I know plenty people that know him.

[chesil356] 06/3/2024 20:19

Not a fan then? Have you met him? Which CEO should be in charge out of the 4, and why in your opinion?

[swiss tony] 06/3/2024 16:14

AML are getting hammered because Stroll is un utter hoop. He has no idea, just shouts ultra luxury at everyone in the hope that it sticks.
Look at the state of the company after he has been in charge for 4 years.
More debt, fewer sales, failed DBX, 4 CEOs in 4 years, lies to shareholders, steals the AM name to fund his son's F1 project, doesn't listen to anyone in the company, it's just his way of the highway.
Same as Asprey & Garrard, he ruined that too in the exact same way.
An idiot who is wealthy because of his dad, now Lance does the same.
Vacuous, boring, unintelligible liars.

[time for common sense] 06/3/2024 11:53

I am not fortune teller so I don't know why they don't want to go electric. I only think they know it isn't future regardless of what msm and political correctness want to tell us. They do catch fire, there is no enough charging points, not to mention grid capacity and range for superior cars like that is making them useless. Maybe they know it but obviously such radical views cannot be shared officially especially after what Carney said few years ago. It would be suicide.

[iant20] 06/3/2024 09:46

I get the electric point, but the decision to delay electric role out came across as a demand led decision so I’m not sure why they’d be punished for it. They said the technology is there and ready to go. It isn’t a delay due to production or technology issues or an outright refusal to go electric. Unless it’s being perceived as one of those I suppose.

[timc2645sg] 06/3/2024 08:59

My name on here mocks swiss tony who is a chap called Tim who is on the lse board as c2468sg. Posted literally thousands of negative posts across multiple boards.

Isn't invested, never has been yet posts thousands of posts.

He is an idiot and hence my frosty reply to yourself. Apologies fir that.

If you are a real person, really invested then you would be welcome to come on board with an active community that has good links with I.R. at AML.

[timc2645sg] 06/3/2024 08:56

Brother, I get it, sorry if curt, lots of nutters on here so being careful with who I actually converse with.

There are lots of them and they are not giving reasonable analysis. They have an agenda and completely disappear when the trade is moving positively.

I am part of a group that actually discusses this share price in a reasoned fashion. The old saying that if you are not prepared to at some stage be 50% down you are not fit to hold a share is a true one.

You can day trade and short and make money but for most people, simply buying up a business you feel will be good is the right thing to do.

Long term the bumps get smoothed out. Personally I have followed the big money in here and will continue to do so.

Even if they did a cash raise I'll just buy more like the last ones.

Only lesson is that I'll wait till after the dust settles as, on each occasion it has dropped below the offer price.

[time for common sense] 06/3/2024 08:55

They getting hammered because Aston refuse to go full electric. Simple. As Carney stated either you accept NWO or get bankrupt.

[timc2645sg] 06/3/2024 08:22

I do love how all the negative gimps come out of the woodwork, with clear short trades in. I'm lth, and buying more.

[iant20] 06/3/2024 08:14

Hates companies that carry a debt load and do not make profit.

Who does like these?

Both FTSE 100 and 250 are at the upper end of ranges they’ve traded in all year. Correlation with AML is zero in any case given that this is a special situation that seems to trade continuously lower.

[timc2645sg] 06/3/2024 08:05

Karenable, trustworthy non biased source. Blocks you when you challenge his diatribe.

[swiss tony] 06/3/2024 07:57

iant20:
The CFO said they were "currently" not expecting s cash raise.
Stroll said "Let me be crystal clear, black and white, we don;t need more money" while putting plans in place to raise £650m last year.

The fact the CFO said "currently" tells you all you need to know.
Tomorrow he might decide they are out of cash.

From Karenable:
"Net debt at the end of 2022 stood at £766 mil. By the end of December 2023, it had risen to £814 mil. Cash at the end of 2023 was down by £191 mil. (vs. end 2022) to £392.4 mil. which includes £311 mil. in proceeds from 2023 share sales (ex the share sales cash would be £81.4 mil.). The bulk of the cash raised in 2023 has already been burned through (which confirms Stroll’s comment in June on CNBC that Aston Martin is on fire). Just to make the cash situation even a bit more concerning, customer deposits are down by £66 mil. in Q4 2023 to around £250 mil. (equalivant to 64% of AML’s cash) as AML hasn’t been able to bring in new deposit funds for the Valour & Valhalla fast enough to offset the unwinds as Valkyries get delivered."

[iant20] 05/3/2024 23:28

Did he say actually say no equity raise? If so how would you explain the fact it’s in free fall? I’m genuinely interested

[iant20] 05/3/2024 17:18

Equity raise

[iant20] 05/3/2024 16:52

This feels like more of a basket case every day. Decent numbers, but nothing to break the trend and whoever is dumping stock is back at it. Who could that be? Or is the market just convinced that another quiet raise is inevitable?

[dplewis1] 05/3/2024 10:48

HSBC cuts target price to 180p from 255p

[swiss tony] 05/3/2024 10:12

The debt, payables etc amountsa to almost £2bn.
And they make a loss of hundreds of millins every year.
Doesn't take mch to work out why they need cash every few months.

Last raise was at £4.40 and cash raised at £1.03.
Now we're at £1.50...... and needing more cash.

[dealy] 04/3/2024 13:36

1 3 billion market cap plus 0 8 billion net debt gives 2.1 billion Enterprise Value with revenues about to ramp up.That is not a lot to pay for a leading luxury car maker