Aston Martin Lagonda Glo... Share Discussion Threads

[jackson83] 28/10/2020 21:55

sold at 62p today and will buy again when its 50p or below that again...

[robingood] 28/10/2020 16:01

Stroll will end up selling his holding to Merc out of frustration, in my opinion. Merc don’t want AML to truly flourish, so they’re throwing them parts rather than giving them the money they need to truly grow intellectually. Stroll will flip his shares like anyone else who doesn’t have the car industry expertise to steer the company. Crumbs from the Mercedes table...

[anony mous] 28/10/2020 12:37

Thanks but i have plenty for now.

[only who?] 28/10/2020 12:16

Anony Mous: you can have all my shares for 99p, then

[only who?] 28/10/2020 12:06

56p close? Nothing to see here.

[anony mous] 28/10/2020 09:09

Multi bagger.Anything under a quid is cheap.

[astonbroome] 28/10/2020 08:21

@ColinBicknell - spot on, opened at 62p.

[bashor] 28/10/2020 08:21

Good morning all, very happy with this news and not exactly unexpected was it, steady climb now once today’s madness has ended, GLA

[gokelstone] 28/10/2020 07:39

Shame about the placing but will be irrelevant when aml get there hands on such forward looking tech. Probably a good way to buy that kind of tech

[colinbicknell] 28/10/2020 00:45

Bloomberg has Aston Martin at 0.69E up 24%

At an exchange rate of 1.10, thats approx 0.627p or 15% higher than UK close

Should be interesting on opening tomorrow

[astonbroome] 27/10/2020 23:01

Well blow me down, Daimler actually stepped up in 2020. I didn't think back in April it would be coming anytime soon, but here we are.

Pre tax earnings projected at £500m by 2024/25 with aims to deliver 10k cars a year.

Big disappointment is that this deal doesn't fast track fully electric vehicle releases before 2025.

But hybrid tech being handed over backs up what i said 3ish months ago about a hybrid DBX "pat on the back". Probably why the upped the car sales figures.

Not so big disappointment is the pre tax loss of £29m - least we're heading in the right direction. @swiss Tony i'm with you, an additional equity raise was a surprise, as is the deal that if the share price dips below what Daimler paid, then Aston Martin has to cough up hard cash for the supplied tech.

But overall this is positive news. I feel bad for Sanks, he may never see 21p to afford some shares. @RobinGood still think we're heading for 3p? Would love to hear how you think we'll get there now ;)

[robingood] 27/10/2020 22:18

I wouldn’t be getting excited.

[inaminute] 27/10/2020 22:16

What a shame for the shorters who have been spouting dross. Do try and get a little sleep.

[robingood] 27/10/2020 21:34

It’s a shame that Merc won’t do with Aston what TATA did for JLR: give them the money they need and give them the wings to design everything as a thoroughbred, rather than throwing them crumbs. I certainly see this as a form of progress but I’m not convinced enough. The relationship isn’t healthy, and never will be.

[swiss tony] 27/10/2020 21:02

Technology to be released by Merc in 2 batches, the first immediately and another batch in 2022.
AML also have access to Merc's suppliers too, sure they will still be negotiating around brexit etc.

Also, Tobias said Merc will also fine tune some systems specifically for AML in conference call, nice 'parts-bin'.

[swiss tony] 27/10/2020 20:59

Haha Jackson, you do realise the new Merc shares are priced at 62p?
That'll be the new support level.

[robingood] 27/10/2020 20:57

Are Aston gaining access to the Merc parts-bin (EU/German made), or are Aston gaining access to the intellectual property (so the parts can be UK-made)? This will have to be determined concerning a UK/EU trade deal: whichever way it goes.

I do see this as a means for Merc to get its claws into Aston by making it heavily reliant on Merc. The technology will be dripped, in my opinion.

[jackson83] 27/10/2020 20:41

dilution again / funding at 50p ... probable top up next week under 50p

[swiss tony] 27/10/2020 19:29

RobinGood, where you at?

[parvez] 27/10/2020 18:55

Up 25% in the US. News is seen as a positive

[coscos] 27/10/2020 18:35

36% up in Germany at the mo.

[treble in 1999] 27/10/2020 18:32

great conference call

[only who?] 27/10/2020 18:21

£125m is a drop in the ocean for AML. The open might be interesting, though.

[coscos] 27/10/2020 18:02

Well, that's quite an impressive agreement and capital raise they've come up with. Having Mercedes on board providing their technologies is a massive coup for the company.