AML - Stock Market Listing

[cardigankid]

pschlute said:

B4rnst4ble said:

Totally agree with you pschlute
It gets tiresome reading that just because we aren’t in the city we know nothing, the whole share issue has reinforced my thoughts of those in the know .

Those "in the know" very often know f*** all

Or to put it slightly differently those with some degree of experience and common sense can detect bullst without reference to the technical analysis which might be carried out by a supposed expert.

[KevinBird]

You couldn’t make it up https://media.astonmartin.com/aston-martin-wings-s...
Just make great cars!!

[Jon39]

KevinBird said:

You couldn’t make it up https://media.astonmartin.com/aston-martin-wings-s...
Just make great cars!!

Possibly something to do with a recent new employee perhaps.


Could this qualify as a factual nugget ?

Is it true that the RAF St Athan superhangers which were built in the early 21st century at astronomical cost to maintain RAF aircraft, then after being completed, never received any RAF aircraft for maintenance ?

Yes minister, please tell me that cannot be true, but if it is, what an enormous waste of tax-payers money. Could explain why we pay £550 a year for a licence, just to enjoy a few miles in our Aston Martins.

[JohnG1]

Jon39 said:

Could this qualify as a factual nugget ?

Is it true that the RAF St Athan superhangers which were built in the early 21st century at astronomical cost to maintain RAF aircraft, then after being completed, never received any RAF aircraft for maintenance ?

Yes minister, please tell me that cannot be true, but if it is, what an enormous waste of tax-payers money. Could explain why we pay £550 a year for a licence, just to enjoy a few miles in our Aston Martins.

There's more to the story than that, but yes, that's the root of it...

But if you think AML is badly run, wait until you look into the MoD. A former soldier chum once described the British Army as "Lions, led by donkeys, with firearms procured by muppets"

There were a few f-words in there which I've edited out...

Look at the way procurement is slowed down or the saga of FFBNFW...

[Jon39]

JohnG1 said:

There's more to the story than that, but yes, that's the root of it. -----

Someone at St Athan during the open day, told me just part of the story. I belief the RAF eventually decided to have their aircraft maintenance done at a different location. Pehaps they forgot to tell the superhanger builders.

JohnG1 said:

But if you think AML is badly run, .....

You are probably talking generally John, but just to be clear, I have never suggested that.
My own opinion is that it is run well, but the overall task for the business, is as it always has been, daunting.

[Jon39]

Good news.

Chart showing investor confidence following the DBX launch.

[Bobajobbob]

Jon39 said:

Good news.

Chart showing investor confidence following the DBX launch.

I went long at 4.39 following the positive reactions to the DBX and currently trying to resist taking the immediate profit to let it run for a few more days. As recoveries grow it is pretty fragile so I may come to regret not getting out ahead.

[raceboy]

Bobajobbob said:

I went long at 4.39 following the positive reactions to the DBX and currently trying to resist taking the immediate profit to let it run for a few more days. As recoveries grow it is pretty fragile so I may come to regret not getting out ahead.

I'm poised on the 'sell' button, got in at 4.00 and told myself I was getting out at 5.00
Missed the time it hit 5.00 before and now seems to be riding a wave, so getting a little greedy, we had a standing joke in the office about 5.27 and if it slides tomorrow after not taking the profit I'm going to take a kicking.

[Bobajobbob]

5.80 isn't out of the question given the positive movement over the past couple of days. If it breaks through that it could go a lot higher. Having said that I've got a stop at 5.00 and will reset every day it closes higher if I hold my nerve

[Bobajobbob]

Held my nerve as it broke 5.80 on the close. Let’s see if it can hold that and head higher tomorrow. Technically there’s a bit of a gap above.

[raceboy]

Bobajobbob said:

Held my nerve as it broke 5.80 on the close...

Me too, spotted in the trading records someone spent £250k @ 5.50ish so I figured they knew better than me.
What I can’t work out is how often I see a trade of sub 5 shares, I get the buying 1 share for a cert but why sell 2 shares, the trading fees are more than the value.

[Bobajobbob]

The smaller clips are probably algorithmic trading systems. I'm just using spread bets as I have no intention of holding for the long term.

[RobDown]

raceboy said:

Me too, spotted in the trading records someone spent £250k @ 5.50ish so I figured they knew better than me.
What I can’t work out is how often I see a trade of sub 5 shares, I get the buying 1 share for a cert but why sell 2 shares, the trading fees are more than the value.

Don’t assume they know more than you. DBX is the key for AML (well and a benign Brexit) and members on this forum are probably better informed on the interest in that than a generalist fund manager

[pschlute]

raceboy said:

Me too, spotted in the trading records someone spent £250k @ 5.50ish so I figured they knew better than me.

1. No one "knows" better than you. Think of how many folk are long at £19

2. Why do you assume the £250k trade was instigated by a buyer ?

[raceboy]

No idea about who's trading what, I just spotted the big spend in a trades list....someone 'knowing' more than me is based on the fact I know VERY little.

[LordBretSinclair]

Bobajobbob said:

5.80 isn't out of the question given the positive movement over the past couple of days. If it breaks through that it could go a lot higher. Having said that I've got a stop at 5.00 and will reset every day it closes higher if I hold my nerve

I got in at £4 and got out last Friday at £6.30.
Time will tell if I should have held on longer

[Jon39]

LordBretSinclair said:

I got in at £4 and got out last Friday at £6.30.
Time will tell if I should have held on longer

57.5% realised gain (less fees), excellent. You will be toasting Mr. Stroll on Christmas Day.

From a patient, steady long-term investor, to a short-term gambler, well done Tim.
Which business are you now watching for your next go ?

[LordBretSinclair]

Jon39 said:

57.5% realised gain (less fees), excellent. You will be toasting Mr. Stroll on Christmas Day.

From a patient, steady long-term investor, to a short-term gambler, well done Tim.
Which business are you now watching for your next go ?

I like cars and Lady S likes fashion - she reckons boohoo are going to have a good 2020. Saying that though I haven't seen her putting any of her money that way

[Bobajobbob]

LordBretSinclair said:

I got in at £4 and got out last Friday at £6.30.
Time will tell if I should have held on longer

Well done, you held your nerve longer than me. I sold at 5.80 before the Stroll news. Given the volatility at the moment plenty of punting/trading opportunities.

[raceboy]

Bobajobbob said:

Well done, you held your nerve longer than me. I sold at 5.80 before the Stroll news.

That’s exactly what I did, thought I was really smart for about 4 days as they dropped back down to £5 then boosh....back up to £6:30, seem to be on a drop again now though.