Aston Martin Lagonda Glo... Share Discussion Threads

[swiss tony] 02/11/2020 16:09

I thought the same Dex, Onlywho alluded to that recently saying he/she felt sorry for people who had bought higher up.

I too worry that Stroll keeps on diluting, but that means he is diluting himself, Toto, Vettel etc. at the same time.
Would Stroll really do that to people he needs to be successful? He won't last long if so.
I think he has done what he has done out of necessity.
They had no way of paying back debt in the next 2 years.
I think it's fair to say AML is a risky play, probably treading water for the next 12 months or so. They are banking on the sale of almost £1bn of bonds to see them through the next 5 years, in which time they have to turn the company around.

I can't see why Stroll would use AML to screw everyone around him though.
Even if his main aim is his son winning F1 races, how would AML play into this?

If anyone is thinking someone I have missed I'd be glad to hear it.

[plat hunter] 02/11/2020 15:26

Why toto, stroll etc etc.Has everyone forgotten Philip Green already

[swiss tony] 02/11/2020 13:08

Only who, can you elaborate please?
How can Toto make money as an AML holder, but a PI can't?

[only who?] 02/11/2020 12:06

They do, as will become apparent when you lose money and they don't!

[dexdringle] 02/11/2020 11:16

I bought these at 54p last week on the basis that Mercedes, Laurence Stroll and Toto Wolff probably know better than I do.....

[plat hunter] 02/11/2020 10:48

The four most expensive words in the English language are "this time it's different.Sir John Templeton

[pwal] 01/11/2020 18:17

Different this time. The factory will not be closed so production can continue. I've a positive outlook for the weeks ahead.

[transhoneyqueens] 01/11/2020 16:17

not looking good re lockdown news ... top spin the 40p's soon / Thursday

[plat hunter] 30/10/2020 22:46

If I was in charge?Probably the same, I'd still get paid, and it wouldn't be my money.

[only who?] 30/10/2020 18:35

Bought a Ferrari.

[swiss tony] 30/10/2020 17:18

What would you have done if you were in charge?

[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.