Aston Martin Lagonda Glo... Share Discussion Threads

[northener] 27/3/2021 11:58

Arai, thanks for update, interesting to see how the Grand Prix goes this weekend, I am not to hopeful of a good result as I think Vettel was the wrong choice as his performance when driving in traffic was suspect even when at his peak winning in Red Bull. Hope I am wrong as it would be good to see this brand near the front. Pulled out of AM and invested in TT Electronics who have a covid test kit which is supposed to be quick and accurate, total gamble but who knows. Good luck to all holders.

[spyder] 27/3/2021 07:38

Big article in the FT Weekend Magazine about the F1 AM team as a platform to revive the AM road car brand - Nothing majorly new, but good context.
The comments below also make quite interesting reading if you can access it online.

[arai] 26/3/2021 16:23

Just popped back in here to see how things are going. Latest update is that the 200 leaving Wales has not gone down well over there, lots of projects have moved back to Gaydon, Valk is back at Gaydon as well. All sports cars production has gone from 4 production lines back to just 1. Still have staff on furlough. All looks very challenging still at the moment and if ou are invested here and the tourism industry you are having a bad time of it. Roll on the latter part of the year.

[swiss tony] 26/3/2021 09:30

Good spot Spyder. I watched the BBC documentary on China recently, mental!
People have to do as they are told there, anyone who disagrees doesn't have a happy life.
Let's hope the trade war doesn't get out of hand.

[spyder] 26/3/2021 09:13

Good to see the share price bounce this morning.
Just noticed the headline in the Times; “Boycott western brands, Beijing tells shoppers” - could this have an impact?
There does seem to be an escalation of trade tensions and sanctions rhetoric.

[swiss tony] 26/3/2021 09:12

End of tex year won't be helping either....

[pwal] 26/3/2021 08:56

You can already see that DBX will be the biggest part of sales. Outside of Europe things are better. Australia was fully subscribe I believe. The USA will continue without missing a step! And of course China. As just said things are volatile at the moment. GP this weekend. Onwards and upwards. But not in a straight line.

[bashor] 26/3/2021 08:44

The likes of Lamborghini and Bentley are enjoying record sales, presumably mostly in the UAE and China, I’m confident in the medium term outlook for AML agreed though this year could be choppy, GLA

[swiss tony] 26/3/2021 07:43

Hey Aston, good to hear from you, it's always nice to have respectful debates on here.

I don't think anyone can disagree with the fact Europe is in trouble right now, sales will decline as a result. It will be interesting to see how much support the share price has around this level over the next few days/weeks though.

True long termers dont care so much about movements right now, but the share price is down 20% from its recent high, so there is potential for top ups, newcomers buying, and twitchy folk selling too.
It intrigues me hugely.
Clueless retail traders are adding volatility everywhere, I can't wait for the world to gain a bit more normality and most them will disappear back to work again.

[astonbroome] 26/3/2021 06:20

Hello everyone, how are we doing? Choppy waters huh!

@swisstony long time, how are you keeping?!

European car numbers are out for AM.

hxxps://carsalesbase.com/europe-aston-martin/

Feb numbers:

DBX 35
DBS. 13
DB11 10
Vantage 23

Not the best figures, anyone will agree on that. Europe is entering round 3 lockdown and some people would see this as a year on year decline compared to 2020 but smarter LTH can’t/ won’t compare jan 2020 to jan 2021 although people obviously are, hence sell off.

It’s a long term hold and anyone fretting over these fluctuations has clearly bought in with the wrong expectations.

Look at the US Nasdaq right now for example, it’s all over the place, with the interest going up on bond yields, the fed seemingly not interested. But smart investors will be buying these dips and looking for upside when the storm blows over (predicting by august). Same is true here, but I think it’s going to be 2021/2022 really we’ll see some serious movements.

[swiss tony] 25/3/2021 20:26

Yeah, sorry to hear that Northerner. At least you know the price now is lower than when you sold.
Support at 1890 could be interesting in the near future, it's bounced off that level twice.
Keep your eyes on it and see what Q1 and Q2 numbers are like, plenty time to think about it.
AML are obviously concenratng on a new DBX model, which is slightly worrying for me, I can't see them selling 3000 this year, which is management's target.

More downside than upside for the near time I would guess. I don't envisage much good news to raise the price in the next few months.

[robbie_williams] 25/3/2021 19:58

I'm sorry to hear that you made a loss, but there are always opportunities out there. I think that Stroll will realise that he's out of his depth and bail. He really isnt needed for developing the brand - and brings nothing to the table, in my opinion.

[northener] 25/3/2021 19:40

Sold out some time ago at a loss, 12 March when 95 redundancies announced at St Athan (200 with contractors) which is DBX production plant felt this was not a good sign. If DBX had a full order book then redundancies would be elsewhere? Long term I hope this will do well as I believe Mr Stroll will develop the brand but with big debts if DBX is not selling well they will have problems with finance hence possible further cash call?. Good luck all

[ignoble] 25/3/2021 16:08

Saw another DBX today... Silver rather than my previous sighting of a dark green one.
Looked a lot better in a dark colour, imho

Be interesting to see how Aston do in this weekend's F1 race...
Still not sure Vettel is the right man for the job but hope that I am proved very wrong

[swiss tony] 25/3/2021 14:02

@Astonbroome, you still here? Thoughts please?

[robbie_williams] 24/3/2021 17:55

That's a nice write-up SwissTony. If this was Stroll turning around Lynx or Dove shower-gel then I'd say it would all come good. However, the car industry requires massive investment, strategy, and satisfying a very fickle market. I think Mercedes are waiting for administration.

[robbie_williams] 24/3/2021 17:43

It was short-term impulse.

[swiss tony] 24/3/2021 17:37

PS. What made you buy in last year, after shorting for a while?

[swiss tony] 24/3/2021 17:35

I think the same mates are the folk making 12.5% and 15% interest from the bonds.
Loan out £1.3billion and nearly double it in 5 years.

Consolidating the holders is strategic, agreed, they have the ultimate power. Adeem still have a shade under 7% of the company to sell, but Stroll is doing a decent job of matching these sales to new board members' buys.

I have doubts about the DBX too, and AML are no longer disclosing retail sales henceforth, only wholesale. This is not something you do if you are supremely confident.

I think they will succeed in turning it around, they only need to sell circa 7000+ cars to break even, 10,000 to make a healthy profit. But management stating 3/4 years to deliver this is optimistic.

Merc are laughing, win-win situation: They get 20% of AMl for doing nothing. If Moers does the same with AML as he did AMG then we shareholders gain too. If he doesn't, Merc gets the rest for a bargain.

[robbie_williams] 24/3/2021 16:54

I find it very disappointing that under Andy Palmer they made a Porsche Cayenne copy and made heritage copies from their past. The lack of forward-vision will now collapse the share price, bit-by-bit, before Mercedes take the lot - for a song.

[robbie_williams] 24/3/2021 16:37

They won't be his mates once they start losing money and feel they have to bail. I don't think the DBX is going to be the strategic product they intended and I think that confidence will go very quickly here. Fifty percent of the company (in consolidated stock) held by 'mates' is not a healthy share-register, especially as the consolidated price now takes away liquidity. Damned if it does, damned if it doesn't I know. Even if they electrify the DBX - mid life - it will be seen as nothing but a 'garage-conversion'. They've seriously misjudged the market and I think it will collapse the share price once the pot starts boiling dry.

[swiss tony] 24/3/2021 16:11

If it hits that I'll give you the money myself! ;)
Too many shares tightly held by Stroll, his mates and Merc for it to go that low. Over 50% of the company from memory.
I agree that the next 6 months will be choppy, ultimate bottom is 1280p which Merc are guaranteed, anything under £18 and I will be majorly topping up.

[robbie_williams] 24/3/2021 16:01

30p within 6-9 months. Seriously.

[swiss tony] 24/3/2021 14:34

What's your honest target Robbie Williams? Be truthful, none of this 'will halve in 3 months' nonsense, thanks.
I can see £18, but don't think it will go much lower.