Aston Martin Lagonda Glo... Share Discussion Threads

[sentimentrules] 05/8/2019 13:57

If it is I hope it strikes 3000p for the buyers before triggering my short haha

[theman007] 05/8/2019 13:54

Buy of a lifetime

[sentimentrules] 05/8/2019 13:53

Certainly can't short the intraday market yet. But its day 3 of touching 450p and still not seeing volumes above day trader note.

Short order placed 450

[theman007] 05/8/2019 13:51

Bottom is in as I say...

[sentimentrules] 05/8/2019 12:08

Tomboy if you successfully short indices, commodities etc, stocks are even easier. . You'd do very well

[sentimentrules] 05/8/2019 12:06

Ita all retail support at 450 guys. Bad sign. Sub 400p will come fast when 450 let's go

[tomboyb] 05/8/2019 09:21

Listed in the market at the wrong time and price -

Some news over the weekend wrt short increasing in ths stock -

I think its unfortunate overall as the market direction now seems to be bullish to shorters -

I don't short stocks only indices -

[notetech] 05/8/2019 08:51

That's exactly what they are doing .. 3.2mill for a set, 'old' and new.

[only who?] 05/8/2019 07:59

They could flog a few replicas of pre-1980s DBs at ridiculous prices.

[buywell3] 05/8/2019 07:42

Looks to me like AML have made the same mistake as Tesla

Going after volume production

Which brings with it huge costs and various problems .

BOD mistake in both cases IMO , should have stuck to very exclusive limited editions of super marque cars which would have been sold at super marque prices to super rich clients that wan't something different from their mates.

[ignoble] 05/8/2019 07:32

Think you are spot on with reducing production.

Years ago, Porsche were struggling so they made the cars significantly more expensive and sales took off.
Think that at that time they were helped by the Yuppie generation who suddenly saw Porsche as a Status Symbol

[only who?] 05/8/2019 07:24

Another stab at 450p today?

[only who?] 05/8/2019 07:23

AML will have to scale down and produce fewer cars that at least have rarity value.

[ignoble] 05/8/2019 06:35

Good point... Desirability probably better

[essentialinvestor] 04/8/2019 23:22

It's not so much exclusivity, it's desirability.
Ferrari produce a higher volume of cars than AML.

[ignoble] 04/8/2019 21:06

That, I think, is the Aston problem
The exclusivity factor has gone

Or at least one of them..

[zccax77] 04/8/2019 20:38

Problem is Ferrari has a long waiting list for all models, whilst AML have to discount their cars by 30% to give them away.

[dealy] 04/8/2019 20:29

it was based on Ferarri's valuation

[kirk 6] 04/8/2019 19:54

Who in the right mind supported the IPO with a valuation above 4 billion surely these people need mental help?

[kingston78] 04/8/2019 17:47

The market cap is £1,068 billion at the current price. I think the share price will fall by another 50% to say 230 p before investors will support it as a "value" share.

[dealy] 04/8/2019 14:37

What's amazing is that they didn't raise equity to reduce debt and have a buffer. Too focused on securing a windfall for management

[my retirement fund] 04/8/2019 14:22

Once suppliers can no longer get insurance on goods, the game will be up as Aston Martin will find itself in a position of having to pay suppliers upfront !

[ignoble] 04/8/2019 14:03

Would second that...

[kingston78] 04/8/2019 13:29

How the company pulled off the IPO in the first place puzzled me!