Let's review the price in c30 days |
Albert,
So possible bankruptcy is priced in? lol |
Nonsense.
What happens if the shares never rise again, or the company gets taken private, or bought out, or bankrupcy, or needing bailed out?
What an ironic username. |
You only earn money when you sell same apply to losing them. |
Best buy some more shares then!
People lose a lot of money precisely because of this nonsense. Understanding the fundamentals and doing homework always beats trusting tealeaves or some idiot on twitter trying to sell his new AI 'product'. |
You could say they're priced in, as the details were in the last trading update. |
Let's all buy the shares because AI said so....
Wow.
I doubt many traders will be hanging about 'til next week's Q3 results.
They will be awful. |
A video and some charts explaining potential AI LSTM targets for AML here:https://x.com/albert__arthur/status/1849385936187953156?s=46 |
Added a slice of this here... LSTM AI is predicting a bounce. |
Double bottom. |
Love in. Cute |
I look forward to it, you're always bang on the money! |
Probably because most of the gamblers have given up on the dead cat bounce.
Waiting game until Q3 results, see how much cash they have left. 10 days to go.
I'll be covering results day, in depth, stay tuned. :) |
It's all gone quiet on here, I wonder why!! |
£382m liquidity - customer deposits of £188m = £194m cash left @ June 2024
H2 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. |
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. |
 Aston Martin's Production Targets Slashed, Short Sellers Pounce
By City A.M - Oct 10, 2024, 2:00 PM CDT
Aston Martin issued a profit warning and announced production cuts due to supply chain disruptions and a slowdown in the Chinese economy.
Hedge funds, including Marshall Wace, have taken short positions on Aston Martin's stock, indicating a bearish outlook.
Shares in Aston Martin have fallen significantly, reflecting a decline in investor confidence in the company's future prospects.
Bearish
Short sellers are circling Aston Martin after the iconic marque issued a profit warning last month and said it would produce around 1,000 less cars this year.
Marshall Wace, the hedge fund owned by GB News baron Paul Marshall, took out a net short position of 0.83 per cent of the company’s shares the day the warning was issued, while investment manager Qube Research and Technologies took out a short position of 0.9 per cent this morning, according to new data published by the Financial Conduct Authority.
The data also shows a 0.52 per cent short position from Helikon Investments, which was taken on 2 May.
This means the net short position on Aston Martin’s stock is at least 2.25 per cent in total, however the FCA data only captures shorts above 0.5 per cent of a company’s shares, meaning other smaller short positions could exist.
Shares in the carmaker have endured a bumpy ride since it first went public in October 2018. The stock is down over 95 per cent in the last five years and has fallen 50 per cent in the last 12 months.
There were signs last year that the FTSE 250 firm had finally made it out of the slow lane, with its shares topping London’s mid-cap index by September 2023.
Renewed investment from two key stakeholders, the Chinese carmaker Geely and its billionaire chair Lawrence Stroll, and a £182m deal with US-start up Lucid to produce high-power electric cars, had got investors excited.
However, production issues during the hotly anticipated roll-out of its new DB12 model sent shares spiralling at the end of 2023.
The group’s justification for this year’s performance had rested on a significant ramp-up in production later in the year.
But a profit warning last month poured cold water on the plans, with supply chain disruption and a slowdown in the Chinese economy dragging on deliveries. Both wholesale production volumes and adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) are now expected to fall below market expectations this year.
Aston Martin has been approached for comment.
Marshall Wace declined to comment. Helikon Investments and Qube Research and Technologies have been approached for comment.
By City AM |
Dream on its up 14% already since last week. It'll finish close to 120p next week. Then 130 following week. Love the share price here |
More likely to be 80p before 180p! |
Yip. Was 100p 1st of October. Could well be 180p by end of the year. For me share price is all that matters. |
Will be 140p by end of the month. Not bad for 35% to 40% return
advent_cast
8 Oct '24 - 16:04 - 12284 of 12284
0 0 0
All car manufacturers are doing this, but AML still has the bigest ratio of sells to Bela(Rusia) (40% from the whole 24 year sells):
This is after they promised not to sell to Rusia back in 2022. Now the sells in Belarus have soared... |
All car manufacturers are doing this, but AML still has the bigest ratio of sells to Bela(Rusia) (40% from the whole 24 year sells):
hxxps://www.statista.com/outlook/mmo/passenger-cars/aston-martin/worldwide
This is after they promised not to sell to Rusia back in 2022. Now the sells in Belarus have soared... |
Same thing happened last time. Tanked to 100p. Then slowly crept up to a staggering 400p.
I agree..i only give a damn about share price movement. I got in at 106p already up almost 5%. Will be 140p by end of the month. Not bad for 35% to 40% return |
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