Aston Martin Lagonda Glo... Share Discussion Threads

[cmgreen2020] 08/1/2021 11:31

Elton musk aint gonna buy Aston, share price taken a bit hit this week

[swiss tony] 08/1/2021 11:12

No chance of Tesla buying Aston Martin. Stroll, his consortium and Merc has made sure no-one can buy more shares than them. Stop ramping with utter nonsense.

DBX sales are the numbers everyone is waiting for, showrooms are closed in the UK, so I doubt it's going to be anywhere close to 4000 per annum like the business plan requires.
345 sold in Q3 and dealerships closed until potentially March in the UK.
That means the rundown of old stock will take longer now too.

Also a recall of the DBX hardly inspires confidence in the brand.

[spyder] 08/1/2021 11:02

If you were Elon Musk and you wanted to get your hands on a premium heritage car brand with >60 years of history that was also synonymous with the glamour of James Bond and F1 - where would you look?
It would only cost the loose change behind his sofa cushion.
Just a thought ...

[swiss tony] 07/1/2021 09:07

This article pretty much sums up what I am thinking right now:

Aston Martin – And the Head Scratching Continues

Normally when you take over a struggling organization teetering towards its 8th bankruptcy the first thing you focus on is getting the core business right. Based on the most recent news I’ve seen from Aston Martin, you could be led to believe the core business is residential real estate Aston Martin Residences Miami & Aston Martin Residences New York, followed by fashion with Heritage Collection, and special editions DBX Bowmore Distillery. The DBX SUV is supposed to be the car that saves Aston Martin and the business plan calls for sales of 4,000 per year. In Q3 2020, Aston Martin sold 345 DBXs which given there are 160 global dealers, is just slightly over 2 per dealer, one of which would be the dealer’s demonstrator. Based on Aston’s recent moves, it appears the main sales strategy critical to the survival of the DBX is bundling them with apartments and distillery tours. Aston Martin’s current Executive Chairman, Lawrence Stroll recently declared to the Financial Times that “demand right now is phenomenal,” without providing any facts to back up the claim. This statement came 10 days before Aston Martin executed a 1 for 20 reverse stock split to reconsolidate shares after a series of massive dilutions this year. If you bought 1,000 shares at Aston Martin’s IPO in October 2018 it would have cost you £19,000. As of Friday’s market close, you would now have 50 shares worth £827. The most phenomenal thing about Aston in recent history is value destruction and lack of focus. In another recent move (the non-works as there actually isn’t any cross ownership), new works F1 team fired the driver who finished 4th in the 2020 F1 standings, kept the driver who finished 11th, and hired the one who finished 13th. Just to make things even more head scratching, the fired driver brought considerable sponsorship funding to the team while his replacement will cost the team €15 million a year. The fired driver just signed with Red Bull, who finished #2 in the 2020 Constructers Championship, ahead of Aston Martin/Racing Point.

[emeraldzebra] 05/1/2021 11:44

This is going to £30.00. Hope this is helpful....lol

[sanks] 04/1/2021 20:39

....oooopps!!!..carnage cometh, England also now in lockdown!!
Target remains £4

Hope this is helping

[sanks] 04/1/2021 19:38

Technically now ready to test my bird Sheila's £4 entry target.
New strand of that shaggers virus and Scotland going into full Lockdown!!

Hope this helps

[nasnas1] 04/1/2021 16:33

90p Pal get it right!

[robingood] 04/1/2021 16:19

Pence. 60 Pence!

[arai] 04/1/2021 14:21

A good recovery play here, Tobias is brutal and making many changes and asking certain depts to cost moves and mergers and also a couple of projects to close either site. His views on cars are too expensive for what they are, too slow and too brand reliant. The direction will be changing and you never know, it may even become a real car company in its own right or just a merc spin-off, but who cares if the price keeps creeping in the right direction for now. Mostly good news for shareholders I would guess.

[nasnas1] 04/1/2021 12:09

Taking a small breather - will be pass 2000 before we know it.

[swiss tony] 04/1/2021 11:14

Happy New Year to you too Plat. I'll check them out, thanks.

[plat hunter] 04/1/2021 10:10

Happy new year Swiss, no I'm afraid this one passed me by.. well done though BTW HUM took my fancy recently, check it out if you get time, seriously undervalued.

[errol6] 01/1/2021 18:26

better in US again,bodes well

[swiss tony] 01/1/2021 13:38

Hi folks, still here. Some end to the year for the share price, eh?
I guess the consolidation did take the traders out of AML somewhat. Much more expensive to spread bet because of the higher share price
You in Plat?

[plat hunter] 31/12/2020 16:01

Where's swiss tony... Is he still around?

[nasnas1] 31/12/2020 13:15

This has to be the stock for 2021 many big insinuations will be getting in knowing that. We will look back at 2000 and wish we had bought more!

[billyspurs] 30/12/2020 19:38

Love it!!!! told a pal, back in June when I bought mine it'll be £1 by year end, I'd love to reinvest it in the showroom, but didn't buy that many ?

[vecturaking] 30/12/2020 16:53

Yes still lots of Room to go up to £30
Or even £40 in 2021

[bashor] 30/12/2020 16:32

Astonbroome, I’m determined to ride this for some time to come, over the years I’ve sold out of so many stocks too early AHT is my biggest regret, I’m happy to watch this double again in 2021 then I may top slice and treat myself, health and happiness for the new year

[astonbroome] 30/12/2020 15:45

And just like that, my alert for the £1 mark (£20 in new money) has been reached. Just want to say well done to all those who stuck with it and made this far. I'm sure there are a few who cashed out back at 82p who are wishing they hadn't now.

I'm long (if you didn't know) on Aston Martin and will be riding this all the way into 2024/5. Hopefully by then it will be 6 times as much; at least.

Can't wait for next year ;) GLA

[nasnas1] 30/12/2020 08:38

2000 should be smashed today. charts looking very good!

[ny boy] 29/12/2020 22:46

Onwards & upwards