Aston Martin Lagonda Glo... Share Discussion Threads

[plat hunter] 30/10/2020 17:14

Yes... the payment term is longer so the cost and debt is larger

[swiss tony] 30/10/2020 17:13

Are you saying reducing the coupon from 12% to 10.5% and repayment date due 2024/25 rather than 2022 is not positive?

[plat hunter] 30/10/2020 16:30

That's like having six inches of water in your front room but being happy because last week it was 8 inches.Money has got cheaper, more than AML's worthiness has improved and yes I read the Moody's link

[swiss tony] 30/10/2020 15:47

Haha, this replaces previous bonds at 12%!

[plat hunter] 30/10/2020 15:19

10.5% ffs... Anyone got Wonga on speed dial

[only who?] 30/10/2020 11:07

Looks like sideways now, at least until the world economy explodes.

[bashor] 30/10/2020 10:02

It’s a medium/long term play for me, very happy with the Mercedes deal given the size of there parts bin, a steady climb will come all in good time, GLA

[swiss tony] 30/10/2020 07:25

Yeah Aston, long game for me here.
btw, 62p is the price of Merc shares, so it will be interesting to see if it hangs about at 62p as the new average.

[astonbroome] 30/10/2020 06:03

@Swiss Tony, this is positive news as the stable rating now paves the way for big boy investors to have a go.

Still some way to go, mind. But comparing to where we were 7 months ago, a lot of pieces are falling into place.

Patience is a virtue!

[swiss tony] 29/10/2020 17:39

"Moody's also views the new strategic cooperation with Mercedes-Benz AG (MBAG, subsidiary of Daimler AG) as positive, because it gives AML access to critical future technologies including electric/electronic (E/E) architecture and a full range of powertrain technology, including electric, mild and full hybrid without its need to develop it in-house and thereby easing development risks and pressure on AML's cash flows over the coming years."
So you're wrong on the hybrid stance.

Maybe have a read of this before calling everyone idiots (when there are serious errors in your own post). Thanks.

[swiss tony] 29/10/2020 17:29

Porsche, by that reckoning, Stroll is screwing over Toto Wolff and Vettel.
How can he screw PIs and not his friends who are private holders?

[jackson83] 29/10/2020 12:59

70p next week ... keep buying porsche1945... Tesla buy us out soon.

[jackson83] 29/10/2020 12:56

70p next week ... keep buying porsche1945... Tesla buy us out soon.

[porsche1945] 29/10/2020 09:41

Why don’t you idiots just buy Microsoft and Apple instead of british capital destructive sxxt like this? Seriously? The endless dilution of shareholders is criminal in this company, Stroll will fxxk all of you by the end of this and it will be a bolt on for Merc at zero cost. Still losing 23k per car and having to discount stock, terminal. Electric is not the future either, hybrid is, AM doesn’t have the tech and it will cost them a fortune to get it from Merc. It is badge, that is all.

[astonbroome] 29/10/2020 07:33

Also the bond sale is running until Friday? Maybe after which (if they raise the money needed & when this latest COVID lockdown news dies down a bit) will the price make some positive movements.

I have to say, I think Aston Martin IR could do a better job of communicating HOW these 10,000 cars are going to be sold and what the split will be among the current/ future product line up. It all feels a bit thin/ light & vague at the moment.

[astonbroome] 29/10/2020 07:28

Below what share price will AML have to pay Merc money for the tech; I’m hearing 64p?

[hotaimstocks] 28/10/2020 22:34

top up at 50p again folks

[robingood] 28/10/2020 22:23

If the wider markets are bad Jackson, you could consider waiting for the 34p gap-fill.

[jackson83] 28/10/2020 22:00

plenty more dilution on the way ... 48p target

[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.