Aston Martin Lagonda Glo... Share Discussion Threads

[smnicolson] 16/1/2020 11:15

I want to short them, but you just know a takeover will appear the second I do haha

[zzxqry] 16/1/2020 08:50

DONT CLICK ON STOCKSTRACKER

ITS SPAM

[onjohn] 14/1/2020 06:15

Even worse

[onjohn] 14/1/2020 06:12

Bad outlook for aml

[stdyeddy] 13/1/2020 12:30

The market seems to agree with you goliard.

[cfc1] 13/1/2020 10:45

Hello ALl....nosying at AML.. I think its a buy - Consortia possible buyout by Lawrence Stroll or major investment from China ....smells like a buy?
Thoughts?

[goliard] 13/1/2020 10:38

Not sure that one deal creates a precedent when it is such a different situation. Volvo wasn't listed and was owned by Ford who desperately needed to offload anything that could stand separately as they were being killed with the financial crisis and the "cash for clunkers" scheme which was a disaster. You might be forgetting that is was Ford that also got rid of lots of other brands around that time too in order to survive including.... Aston Martin. The problem Aston Martin has now is that its debt is approximately what a fair valuation of the company should be so any equity value is based almost completely on hopes for better future profitability and that is a precarious place to be (as the share price shows). No shareholder will accept a bid of £1 for the whle company, but if things continue to get worse then they will justify as emergency fundraising with massive dilution. Just look at the interest rates Aston Marting has to pay on its debt, they are staggeringly high. To put it in context, they pay approx 4 to 5 times more than an individual does on their mortgage, so that tells you what the risk profile is to a lender. I think the brand has great value, but sticking a load of debt in to the business has crippled it which is very sad to see. Management should be focussed on the company, brand and customers. Instead they are spending their time on finance packages. That has a massive effect on the top team which then filters down through the ranks and I am sure the management just want to get on with building cars rather than talking to banks or potential new investors all the time. I don't bother posting much so that's all I have for now and hopefully I can check back in when something happens.

[stdyeddy] 13/1/2020 09:26

What's the behavioural record like for the Chinese suitor; did they buy Volvo outright or just take a stake?

[goliard] 13/1/2020 09:20

I would be surprised if a deal did not happen, but at what cost for current shareholders? An interested party could inject £500m via a placing of new shares that gave them 75% of the overall equity. The problem here seems to be that there are deals that make sense for the company and for a new equity holder but not for current shareholders.

[stdyeddy] 13/1/2020 08:29

But no interest from the market this morning. Seems it was nothing then.

[stdyeddy] 13/1/2020 08:25

Don't know if the speculation will come to anything, but you seem to make the attraction obvious bookbroker; a world famous luxury car maker with its share price at a low, is obviously interesting to a cash-rich Chinese company with experience of turning around a niche European car brand.

[eagleeye39] 13/1/2020 07:13

They own lotus also

[bookbroker] 11/1/2020 15:08

Just do not see why a Chinese company would show interest in this company, apart from the 007 connection, ok so they have been successful with Volvo, but why get involved in a high-end car marque that seeks comparatively few vehicles. AM. is a brand that has been tossed from here to kingdom come, and it has never really thrived under the stewardship of any other brand.

[inaminute] 11/1/2020 14:45

Should be an interesting Monday

[jobber1] 08/1/2020 23:39

NB4X4'S CLUTTER UP OUR ROADS HERE IN THE COUNTRY. THEY ARE OFF ROAD VEHICLES AND SHOULD STAY OFF. EVERY WEEKDAY, THE MAJORITY DRIVEN BY THE SCHOOL RUN IDIOTS.
NOW OFF MY CHEST, I AM QUIETLY LOOKING TO BUY AN ASTON MARTIN OR EVEN SOME SHARES AT THIS LEVEL

[essentialinvestor] 08/1/2020 14:55

I'm in Weybridge and not in the AML league, however there's a lot of money
and nice cars around my neck of the woods. I don't see that many Aston's now,
certainly in comparison to 4/5 years ago. Bentleys tend to be popular as
do those massive 4x4. Just a very parochial example admittedly.

[porsche1945] 08/1/2020 10:41

Almost a billion in debt, you gotta wonder who gave them that much rope, debt for equity coming up, can see these sub 2 quid pretty fast now.

[longshanks] 08/1/2020 10:34

Not sure which part of London you live in bb, but there appear just as many high-end luxury cars around me as there ever have been.

[topazfrenzy] 08/1/2020 10:22

That's if Trump and Iran don't take the 'Knightsbridge Crew' and their toys out first!