Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aston Martin Lagonda Global Holdings Plc | AML | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.60 | 1.58% | 103.00 | 11:51:01 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 101.40 | 101.00 | 105.40 | 101.40 |
| Industry Sector |
|---|
| AUTOMOBILES & PARTS |
| Top Posts |
|---|
Posted at 21/11/2024 09:31 by swiss tony Yeah, let's try to make out like everyone else is struggling because we are.Grow up. Long and hurting, another clown.... dealy - 30 Oct 2024 - 15:22:20 - 12328 of 12362 Aston Martin - AML The long-term business plan is in tact. Shorts were probably speculating on a new profit warning and / or equity raise. No sign of that. Probably it will claw its way back up to 150p |
Posted at 01/11/2024 17:02 by albert arthur #AML #LSTM #AI price forecasting update... Also short positions that took short at 109p prior to results have started to close the day after results.. See video for details.. looks bang on the AI #shortsqueeze https://x.com/albert |
Posted at 30/10/2024 07:04 by albert arthur Improved Q3 2024 performance in line with revised expectations; on track to deliver revised FY 2024 guidance, as supply chain disruptions are proactively managed· Scheduled ramp up of new Vantage and DBX707 supported 14% increase in Q3 volumes YoY; sequential growth to continue in Q4, alongside new V12 flagship Vanquish and Valiant special· YTD 2024 total ASP increased 14% to £250k, supported by strong demand for Specials and 440bps increase in contribution to Core revenue from vehicle personalisation· Order book continues to extend; expected to strengthen further as new range of models become available in all marketshttps://www.l |
Posted at 28/10/2024 09:15 by swiss tony That's the difference, I am not here for followers. Followers are sheep who can't think for themselves. The people you prey on to make money.How much cash do AML have left Albert? Are suppliers now refusing to supply AML with parts because of non-payment? Will they need to issue a second profit warning like most other car companies who raised prices in a slowing macro environment? How are they going to pay the £60m debt interest payment in Q4 when they are running out of cash right now? I look forward to your answers. |
Posted at 24/10/2024 12:56 by albert arthur A video and some charts explaining potential AI LSTM targets for AML here:https://x.com/a |
Posted at 12/10/2024 13:36 by swiss tony £382m liquidity - customer deposits of £188m = £194m cash left @ June 2024H2 CAPEX (350m for the year / 2 for H2) is £175m, and bond debt interest payment is circa £60m (due in Q4) That’s £235m of outflow in H2 £235m outflow > £194m inflow imvho. So they are £40m short, minimum. And that’s the best case scenario. Add in recalls, supply issues, selling fewer cars, the cost of raising more money etc. All figures taken directly from AML. |
Posted at 12/10/2024 13:35 by swiss tony Spacedust is less than 2% up from his 106p now, so expect much more ramping from him in the foreseeable future.Amazing how many think a share is a bargain after a huge fall. The company just told the market they will once again not be making any profit, now the market is realising it's run out of patience with AML. Losing hundreds of millions every year and needs to raise £2bn for electrification over the next 2/3 years... Utterly. Mental. |
Posted at 04/10/2024 09:24 by swiss tony 5 years ago investors put money in at obscene levels.AML is down 98% since IPO. Many investors think they are buying in at the bottom, only for it to fall further, as there is dilution around every corner. No-one is buying until after the company has enough cash as a going concern. The market now doubts AML can ever be profitable. Doesn't matter who is running it. |
Posted at 21/9/2024 05:49 by waldron FWIWSeems a very long term play current automotive sector seems to be out of favour AML like many other companies needs good news Patience is a virtue AML NEEDS TO BREAK THRU RESISTANCE A DIVI WOULD BE NICE IN THE MEANTIME ALL THE BEST HAVE A GREAT WEEKEND FELLAS CHUCKLE AND CHEERS |
Posted at 07/8/2023 16:09 by chesil356 Moody's changes Aston Martin's outlook to positive from stable; Caa1 ratings affirmedRating Action | 8 min read 07 Aug 2023 Moody's Investors Service London, August 07, 2023 -- Moody's Investors Service (Moody's) has today changed Aston Martin Lagonda Global Holdings plc's (AML, Aston Martin or the company) outlook to positive from stable. Concurrently, Moody's has affirmed AML's Caa1 corporate family rating (CFR) and Caa1-PD probability of default rating (PDR), and the Caa1 instrument rating of the backed senior secured first-lien notes due November 2025 issued by Aston Martin Capital Holdings Limited. A full list of affected ratings can be found towards the end of this press release. RATINGS RATIONALE The affirmation of AML's ratings and the outlook change to positive from stable reflects the company's improving operating performance in the first half of 2023, which Moody's expects to be sustained over the next 18 months on the back of the company's ongoing launch of the next generation sports cars. The rating action further reflects AML's recently completed placing of £210 million of new shares and its plan to use the proceeds mostly for the early redemption of its second-lien notes with a face value of around £186 million. The planned repayment of the second-lien notes is evidence of a more balanced financial policy which includes the accelerated target to achieve a company-adjusted net leverage of around 1.0x by 2024-25. Moody's forecasts AML to achieve strong revenue growth of about 15% to £1.6 billion revenue in 2023, and a further 25% increase in 2024 to reach close to its £2 billion revenue ambition. The recently launched and well-received DB12, the additional new model launches planned for the next 12 months, as well as the continued success of its DBX should support strong volume growth over the next 18 months, and Moody's forecasts wholesales to exceed 8,000 units by the end of 2024. While volume growth is considered a key driver to achieve its revenue and EBITDA targets, Moody's understands that AML no longer has specific volume targets. Instead the company focuses on increasing its average selling price (ASP) and achieving a gross margin of above 40% for new models launched to drive its revenue and EBITDA growth. Based on the assumptions of higher volumes and an ASP exceeding £220k in 2023 and trend towards £230k in 2024, Moody's forecasts AML's Moody's-adjusted EBITDA (adjusted for capitalised development cost) to turn positive and reach just over £100 million in 2024. In combination with the redemption of the second-lien notes, which will reduce the company's Moody's-adjusted debt by around 13% to £1.1 billion, Moody's expects AML's adjusted leverage to decrease towards 10x by year-end 31 December 2024. Furthermore, Moody's forecasts AML's adjusted free cash flow to improve to around break-even in 2024, after remaining substantially negative by about £200 million in 2023. This improvement is supported by a significantly higher EBITDA and an estimated £12 million decrease in interest expenses following the planned debt repayment. Considering the anticipated improvements in the company's cash generation from 2024 onwards, and its £400 million cash position at the end of June 2023, Moody's does not expect AML to require additional debt or equity funding over the next two years. If AML is able to also refinance the $1.155 billion of backed senior secured first-lien notes well ahead of their maturity in November 2025, and simultaneously extend its revolving credit facility (RCF) due August 2025, Moody's would view the company's capital structure as sustainable which could support a rating improvement. ESG CONSIDERATIONS AML's ratings also reflect a number of environmental, social and governance (ESG) considerations that are inherent to the automotive industry. This includes higher environmental standards, stricter emission regulations and electrification; autonomous driving and connectivity; increasing vehicle safety regulations; and the entry of new market participants. In line with the company's guidance to invest £2 billion over five years, including technology access fees, Moody's expects AML as well as its peers to continue to require sizeable investments to cope with these challenges, which will continue to constrain free cash flows in the coming years. RATING OUTLOOK The positive outlook reflects Moody's expectation that AML's credit metrics will notably improve over the next 12-18 months, supported by strong revenue and EBITDA growth, fuelled by multiple new model launches and a substantial order book. The outlook further assumes that AML will follow a more balanced financial policy with a clear focus on deleveraging whilst maintaining an adequate liquidity. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS Upward pressure on the rating could materialise if AML 's successfully completes the launch and commences deliveries of its next generation sports cars, and as such continues to improve its average wholesale price and grow its revenue. It would also require Moody's-adjusted free cash flow to sustainably improve to around break-even, liquidity to remain at least adequate, Moody's-adjusted Debt/EBITDA to improve towards 7.0x on a sustained basis, and the Moody's-adjusted EBITA margin to turn sustainably positive. The rating is currently strongly positioned, as expressed by the positive outlook, as a result of which limited negative rating pressure is expected. However, downward pressure on the rating could develop if AML fails to further improve its profitability, leverage remains very high or free cash flow continues to be substantially negative. A weakening in AML's liquidity profile or an increase in debt would also put pressure on the rating. LIQUIDITY ANALYSIS Moody's considers AML's liquidity to be adequate. As of 30 June 2023, the company had £400 million of cash on the balance sheet and access to its £90.6 million RCF due in August 2025, which was drawn down by £29 million. In addition, the company has an inventory repurchase programme in place. AML's RCF is subject to a springing net leverage covenant which is tested when the facility is drawn by more than 40% and Moody's expects the company to maintain sufficient headroom going forward as it continues to reduce its leverage as defined by the covenant. Moody's forecasts AML's free cash flow (Moody's-adjusted) to be marginally positive in the second half of 2023, following an outflow of around £230 million in the first half of the year, and to be close to break-even in financial year 2024. As such Moody's expects AML's liquidity to remain adequate over the next 12-18 months, and to improve further through free cash flow generation beyond 2024. STRUCTURAL CONSIDERATIONS The Caa1 rating of the backed senior secured first-lien notes due in November 2025 ranks in line with the Caa1 CFR, despite the priority position of the £90.6 million super senior RCF and because of its relatively small size compared to the $1.155 billion of backed senior secured first-lien notes. Both the first- and second-lien notes, the latter expected to be repaid, have been issued by Aston Martin Capital Holdings Limited, while the RCF was issued by Aston Martin Lagonda Limited. The shared security and guarantee package for the notes and RCF cover 79% of AML's revenue and 113% of AML's assets, and includes the main factory in Gaydon and significant intellectual property. Other debt includes various working capital financing arrangements and some smaller debt facilities |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
