AML - Stock Market Listing
Discussion
SSO said:
Give AML's profitability, perhaps Ryan Air should be the preferred airline.
As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
Hi SSO, I really enjoy your AM analysis. Is your site working ok, as I can't see anything recent on it?As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
Piginapoke said:
SSO said:
Give AML's profitability, perhaps Ryan Air should be the preferred airline.
As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
Hi SSO, I really enjoy your AM analysis. Is your site working ok, as I can't see anything recent on it?As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
https://ssoreport.com/
Minglar said:
Thanks Richard - I was off to KarenableI wonder if anyone in Gaydon actually reads the SSO reports?
Minglar said:
Piginapoke said:
SSO said:
Give AML's profitability, perhaps Ryan Air should be the preferred airline.
As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
Hi SSO, I really enjoy your AM analysis. Is your site working ok, as I can't see anything recent on it?As to F1, well AML sells about half the number of Sports/GT cars today than they did back in 2019. On the SUV's it feels like quite a stretch to link F1 with SUV sales.
https://ssoreport.com/
LTP said:
Minglar said:
Thanks Richard - I was off to KarenableI wonder if anyone in Gaydon actually reads the SSO reports?
Edited by Minglar on Sunday 28th April 16:42
Jon39 said:
Perhaps a crafty secret read, but admitting to that, would probably result in instant dismissal.
I don't think employees reading criticism of the high priest, would be tolerated.
SSO said:
In theory they shouldn't have an issue. The information in the reports comes from AMLs publicly published documents and the Chairman's public statements.
Yes, in theory.
With LS repeatedly making his public statements (several subsequently shown to be (you know), I don't know how friendly, fair, understanding and forgiving he might be with subordinates.
Have never had any dealings with the man, so only judging how he might react, by what he has been saying.
Q1 2024 results released earlier this morning. BRM.
https://www.londonstockexchange.com/news-article/A...
https://www.londonstockexchange.com/news-article/A...
If you read the sso report, it basically suggests Stroll is just starving AML of cash and stripping every bit of cash generated from it - it has the same undertones as the Phoenix 4 who bought MG Rover from BMW
On the better news front had an email today saying they have launched a new V12 which will make its ‘first appearance’ in a new flagship model in 2025
Wonder how those ‘last ever V12’ buyers are feeling -
On the better news front had an email today saying they have launched a new V12 which will make its ‘first appearance’ in a new flagship model in 2025
Wonder how those ‘last ever V12’ buyers are feeling -
Edited by oilit on Wednesday 1st May 07:47
Minglar said:
Q1 2024 results released earlier this morning. BRM.
https://www.londonstockexchange.com/news-article/A...
https://www.londonstockexchange.com/news-article/A...
I have so far only read the initial part, but have spotted a contradiction;
'Our first quarter performance reflects this expected period of transition, as we ceased production and delivery of our outgoing core models ahead of the ramp up in production of the new Vantage, upgraded DBX707 and our upcoming V12 flagship sports car which we've confirmed today.'
The published figures show an increase in Sports/GT 650 (up 12%).
The overall total 945 (down 26%) has been pulled down by,
SUVs 250 (down 63%).
............................................................................................................
As well as the usual 'ultra-luxury' (5 times),
a new phrase has appeared 'ultra-exclusive' (2 times).
Perhaps there will be a whole collection of 'ultra-xxx', but I will leave that open for your suggestions. -
The live (online) presentation is due at 8:30am. Just need to register on the Aston Martin / Investors web page.
Edited by Jon39 on Wednesday 1st May 07:59
Aston Martin need to either sell 100 cars a year or 10,000.
If buyers want a sports or GT car with a Mercedes engine they can just buy a Mercedes.
I know that some bits of the power train will always be third party but the engine is so integral to the soul of the car. Aston need to invest in this area.
Or the directors just mark time and extract as much cash for themselves until 2030.
If buyers want a sports or GT car with a Mercedes engine they can just buy a Mercedes.
I know that some bits of the power train will always be third party but the engine is so integral to the soul of the car. Aston need to invest in this area.
Or the directors just mark time and extract as much cash for themselves until 2030.
Did anyone seriously expect strong numbers today? As many have commented here previously, why would anyone buy a car which is coming towards the end of its production run unless there is a very attractive incentive to do so. To my mind that means new Vantage, perhaps unsold stock DB11, and both DBX variants (three if you include the hybrid version sold in China). So that may explain the sharp drop in SUV numbers. The slight rise in Sports/GT is probably a result of DB12. It’s a shame the numbers are not broken down by specific model type rather than lumped together and recorded as one. So I think we have to take all of this in to context a little for this quarter. I have no idea where AML will be as a business this time next year, but as I’ve said before imho I think the current range of cars is good enough, and will continue to improve. Will there be a sufficient number of buyers across the globe in the current economic climate? Maybe, maybe not, I don’t know. But it will be interesting to see how the appetite shapes up when new new Vantage/Roadster, DB12/Volante, updated DBX707, and the new V12 models announced today, can all contribute to the numbers. Don’t get me wrong. I’m not defending LS. His pricing model means it is unlikely I will buy another new Aston Martin, as the cost to change now makes no economic sense at all, even if I can afford it. Many others on here probably feel the same and are happy with the cars they currently own. But as a relatively long term loyal customer I want the company to survive, although it will probably mean a takeover at some point. The financials are not sustainable unless there is yet another cash injection or RI. I have refrained from posting anything in the LSE forum as there really is no point. There is clearly vested interest in there from one particular poster to continually talk the SP down and see this company fail, for whatever reason. I guess it’s no coincidence that his/her/their number of posts has dramatically increased over the last few days, and of course today. 
BRM.
BRM.
Minglar said:
Did anyone seriously expect strong numbers today? As many have commented here previously, why would anyone buy a car which is coming towards the end of its production run unless there is a very attractive incentive to do so. To my mind that means new Vantage, perhaps unsold stock DB11, and both DBX variants (three if you include the hybrid version sold in China). So that may explain the sharp drop in SUV numbers. The slight rise in Sports/GT is probably a result of DB12. It’s a shame the numbers are not broken down by specific model type rather than lumped together and recorded as one. So I think we have to take all of this in to context a little for this quarter. I have no idea where AML will be as a business this time next year, but as I’ve said before imho I think the current range of cars is good enough, and will continue to improve. Will there be a sufficient number of buyers across the globe in the current economic climate? Maybe, maybe not, I don’t know. But it will be interesting to see how the appetite shapes up when new new Vantage/Roadster, DB12/Volante, updated DBX707, and the new V12 models announced today, can all contribute to the numbers. Don’t get me wrong. I’m not defending LS. His pricing model means it is unlikely I will buy another new Aston Martin, as the cost to change now makes no economic sense at all, even if I can afford it. Many others on here probably feel the same and are happy with the cars they currently own. But as a relatively long term loyal customer I want the company to survive, although it will probably mean a takeover at some point. The financials are not sustainable unless there is yet another cash injection or RI. I have refrained from posting anything in the LSE forum as there really is no point. There is clearly vested interest in there from one particular poster to continually talk the SP down and see this company fail, for whatever reason. I guess it’s no coincidence that his/her/their number of posts has dramatically increased over the last few days, and of course today.
BRM.
I think I'm broadly in the same place as you with much of that, but the numbers game is an interesting one.BRM.
It's easy to spin low numbers:
1) New model arriving soon - buyers waiting
2) New model just launched - ramping up!
3) New model maturing - competition / expecting new model soon
What is interesting to me is the Q1 variance in wholesale numbers 2021 - 2022 - 2023 - 2024 (1353 - 1168 - 1269 - 945).
Put the debt figure (GBPm) against those dates and it runs 722.9 - 956.8 - 868.1 - 1,044.2
Yes, it's only one specific quarter, but in the space of a few years debt has risen significantly whilst that quarter's volumes have decreased.
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