Aston Martin Lagonda Glo... Share Discussion Threads

[porsche1945] 28/10/2019 14:58

Haha very good

[ignoble] 28/10/2019 13:10

More Bankruptcies than wins at Le Mans

[porsche1945] 28/10/2019 11:54

AML bankruptcy number 8 coming up, jeez what a record.

[tomboyb] 28/10/2019 11:09

Does not feasible does it -

That net debt level is massive and with global economies slowing down I think not only AML but quite a few other majors are in trouble -

[sojourno] 28/10/2019 10:00

Why 400?
They "expect to cut guidance again".
So not 400 then.
Probably a pre-pack at the end of this shambles.

[tomboyb] 28/10/2019 09:53

400p certainly looks v generous -

Companies in significant debt will really struggle in the coming months ahead -

[loglorry1] 28/10/2019 09:38

It's a sell side analyst they are going to be uber optimistic. If the new cross over car doesn't sell like hot cakes AML is bust again. It's a very very hard market to have a successful luxury car in right now.

My view is that equity will get rinsed to zero again by debt.

[only who?] 28/10/2019 09:36

<< With more free cash flow burn predicted in the next few years, net debt is expected to rise to GBP1.1b in 2021E or 3.5x net debt/adjusted >>

400p seems generous.

[loglorry1] 28/10/2019 09:09

Aston Martin Cut to Underperform With PT 400p/Share: BofAML
By William Canny
(Bloomberg) -- Aston Martin Lagonda downgraded to underperform and PT cut to 400p from 550p at Bank of America Merrill Lynch, citing balance sheet and near-term demand concerns. Shares -5.5% at the open of trading.
In note to clients, broker lowers its EPS estimates by 30%-50% for 2020-21E and expects the co. to cut 2019 guidance again
Says weak short-term demand is impacting profitability, and the bond launched in Sept. makes the company’s financial position more challenging
With more free cash flow burn predicted in the next few years, net debt is expected to rise to GBP1.1b in 2021E or 3.5x net debt/adjusted Ebitda
BofAML says when it downgraded the shares to neutral in July, there was the option that InvestIndustrial or another buyer could step in, but says this now looks less likely
NOTE, Oct. 9: Aston Martin price target at Deutsche Bank suggests 36% upside
AML LN Equity
Graphic Dashboard»
Related ticker:
AML LN (Aston Martin Lagonda Global Holdings PLC)
To contact the reporter on this story:
William Canny in Amsterdam at&nbsp;[e-mail]
To contact the editors responsible for this story:
Celeste Perri at [e-mail]
William Canny, Jon Menon
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[only who?] 28/10/2019 08:33

On the cliff edge again.

[ignoble] 24/10/2019 11:23

And probably do....

[porsche1945] 23/10/2019 22:54

Jeez is this pile of debt ridden rubbish still above four quid. Its eighth bankruptcy on the cards, its got great form. The poor idiots who bought this sxxt wont be buying any Aston’ but the private equity sharks who dumped it on them will.

[sojourno] 18/10/2019 11:09

3rd eye... Pity those are live charts!

[3rd eye] 17/10/2019 09:08

Aston Martin AML going like the clappers again. Must be unnerving for shorters.

[3rd eye] 16/10/2019 15:26

AML Aston Martin........going like the clappers this morning. Dont be fooled tho its not a Value share as its got a big debt pile. BUT although on the radar of a couple of
funds shorting it about 1.6% of the stock it could have hit a double bottom and offers potential upside after a CRAZY IPO launch. Aston Martin.......QUALITY.

[sojourno] 16/10/2019 15:26

quidzinn... Quite! The ratios are nice though...
Dir buys, probably.

[quidzinn] 16/10/2019 13:31

So much for The Times' analysis and someone's home-made graphs ....

Q

[sojourno] 09/10/2019 10:29

Am I right in saying investors seem to like rather expensive debt more than dilution?
Bit of a mistake that, methinks.
Will probably find it's level sub £1 (MCAP < £220m) :-(

[only who?] 09/10/2019 09:23

All the money to buy Astons will have gone soon.

[tomboyb] 09/10/2019 09:19

The way this is going looks like below 400p coming -

[topvest] 08/10/2019 20:27

Yes, but Aston Martin sales don't do well in a recession do they?

[only who?] 08/10/2019 16:01

Back at doom level again, then.

[porsche1945] 08/10/2019 15:55

This is a gonna, market wont go near this sort of debt, clever old private equity as usual, dumped it on the great unwashed for a fortune and will be buying up the bits of it in liquidation two years later for pennies on the pound. Get out.

[buywell3] 08/10/2019 14:49

Borrowing money or raising cash from this point on is going to get much harder IMO

buywell3 - 08 Aug 2019 - 10:02:11 - 647 of 710 Aston Martin - AML

Nice hook on the chart

Here fishy fishy