AML - Stock Market Listing

[raceboy]

pschlute said:

....and where would your stop be ?

I wouldn't really have one, I can't see them dropping a lot lower than high threes though, and then they seem to bounce to £5
They have done it a number of times in the last few months, although as always.....past performance is not an indication of any future performance....and I'm only gambling with small change compared to some.

[Jon39]

Thought I was on the Pistonheads Finance Share Tips topic for a moment.
'X is in a buy state and will be +20% next week'.
They might be right, but long-term has worked well for me, so the weekly forecasting does remind me of someone in a tent on Blackpool beach.

It is impossible for me to know, in which direction the market is going short-term, but when / if a deal is announced by AMLGH, it is likely there will then be an immediate share price movement. Whether that might be down (dilution concerns) or up, I do not know.

[pschlute]

raceboy said:

I wouldn't really have one

I am only joshing with you....but if I had said that to my trading boss he would have fired me on the spot

my view is that if you want to buy a bit of Aston Martin because you like the brand, then order a wings badge. Much more attractive than a (virtual these days) share certificate.

Edited by pschlute on Thursday 30th January 19:47

[Dewi 2]

pschlute said:

My view is that if you want to buy a bit of Aston Martin because you like the brand, then order a wings badge. Much more attractive than a (virtual these days) share certificate.

I have a real Aston Martin certificate, not a virtual one. Waiting for my rebuilt garage, before hanging the frame.

Only a token number of shares though, to equal the rarity of the car. Cannot therefore take part in any rights issue, because that would change the number of shares held.

Just a bit of harmless fun.

[RobDown]

Thankyou4calling said:

I will buy in but not TIL I think it’s bottomed out. I called it earlier in this thread and that price was 375p.

I also said no big investment until we see how the DBX is actually selling. The “Experts” decried me but to date I’m still waiting and standing by my prediction.

A brave post given the FT is reporting an announcement on the new investment could come as early as tomorrow morning (as per my Autocar link above). Let’s see

[RobDown]

Sorry that really should have been “Brave”.

[raceboy]

pschlute said:

I am only joshing with you....but if I had said that to my trading boss he would have fired me on the spot

and that is why I’m only gambling with an amount I’ve seen some people blow on a night out

[Cheib]

RobDown said:

A brave post given the FT is reporting an announcement on the new investment could come as early as tomorrow morning (as per my Autocar link above). Let’s see

Will be interesting....dilutive for current shareholders if as the FT says both are saying £200mil for 20%. Geely want a technical partnership for Lotus and other brands and Stroll for the F1 deal. The latter could be great for Aston’s brand...or might not be. Geely want Aston expertise it seems...so both looking for something from Aston.

Still think ultimately Aston ends up as part of Daimler AG....think it’s telling they don’t want to invest at this level given they already own 5% and have the leverage of the supply relationship.

[Bobajobbob]

I went long @ 4.05 today in a smidgen anticipating some news that might trigger a bounce off these levels again. I’m not sure whether the news tonight will do just that or whether fears of dilution will blow through my stop on the open. #gottabeinittowinit

[oilit]

If these two news stories on the same day do not highlight how fast the world of automotive is changing then I don't know what does.

https://www.thisismoney.co.uk/money/markets/articl...

https://www.thisismoney.co.uk/money/markets/articl...

[CB07]

https://www.autocar.co.uk/car-news/industry/breaki...

Deal now done..

[RobDown]

So the deal is done. Stroll outs in a short £200m, rights issue for £300m, essentially underwritten by the Kuwaitis and InvestIndustrial (is they’re putting money back in as per my post a few pages back).

Racing Point to become the Aston Martin works F1 team from 2021. Red Bull partnership winds down post Valkyrie

Model timetable is being reprofiled. No electric cars this side of 2025.

And supply to be reduced to more closely match demand

(Oh and the expensive second tranche if bonds won’t be drawn down).

Very mixed feelings about it. AML survival assured for the foreseeable future. But I liked the Red Bull partnership- and of course lower supply means fewer jobs

[oilit]

RobDown said:

Very mixed feelings about it. AML survival assured for the foreseeable future. But I liked the Red Bull partnership- and of course lower supply means fewer jobs

Must admit if I were Red Bull I would be feeling as if I had woken up and someone had spent the night kicking me in the groin area. I have to suspect that AP will not be around for long now. As I think he was the main sponsor of the Red Bull relationship - so it looks like he has been overruled. I for one would prefer Geely - at least they have car manufacturing expertise and technology AM could use.

[raceboy]

Bobajobbob said:

I went long @ 4.05 today

Looks like that was a smarter move than waiting for this morning, up 25% in the blink of an eye.

[Bobajobbob]

raceboy said:

Looks like that was a smarter move than waiting for this morning, up 25% in the blink of an eye.

Could't have timed that much better. I did have a couple of false starts where I had bought in at similar levels and lost my nerve for a small profit. It just felt like a free option at those levels knowing that a potential deal was close to fruition.

I'm now out at 5.15 as I'm not sure how the fundementals of the deal will impact the shareprice once the positive froth has subsided. Price will probably continue to tick up more slowly for a few days but I'm happy to take the profit.

[RobDown]

oilit said:

Must admit if I were Red Bull I would be feeling as if I had woken up and someone had spent the night kicking me in the groin area. I have to suspect that AP will not be around for long now. As I think he was the main sponsor of the Red Bull relationship - so it looks like he has been overruled. I for one would prefer Geely - at least they have car manufacturing expertise and technology AM could use.

Agreed. I guess there’s nothing here to stop Geeley being involved in the future as a tech partner. It’s just that there money is no longer required for now

[anonymous-user]

Bobajobbob said:

raceboy said:

Looks like that was a smarter move than waiting for this morning, up 25% in the blink of an eye.

Could't have timed that much better. I did have a couple of false starts where I had bought in at similar levels and lost my nerve for a small profit. It just felt like a free option at those levels knowing that a potential deal was close to fruition.

I'm now out at 5.15 as I'm not sure how the fundementals of the deal will impact the shareprice once the positive froth has subsided. Price will probably continue to tick up more slowly for a few days but I'm happy to take the profit.

Well done you.

Please pm me your lottery numbers for tomorrow.

[Minglar]

This is the statement released today. Interesting reading.

https://www.londonstockexchange.com/exchange/news/...

Best Regards

Minglar

Edited by Minglar on Friday 31st January 09:25

[YKnot]

YKnot said:

Thankyou4calling said:

YKnot said:

Have you lost much or just bought in ?

I will buy in but not TIL I think it’s bottomed out. I called it earlier in this thread and that price was 375p.

I also said no big investment until we see how the DBX is actually selling. The “Experts” decried me but to date I’m still waiting and standing by my prediction.

Is that your armchair over there....was, gonna,
Called it, knew it......

Thankyouforcalling.....remind me again what your forecast was?

[jonby]

Minglar said:

This is the statement released today. Interesting reading.

https://www.londonstockexchange.com/exchange/news/...

Best Regards

Minglar

Edited by Minglar on Friday 31st January 09:25

Some interesting snippets from that announcement

The tech partnership with Red Bull continues until Valkyrie is delivered - presumably it ends thereafter and in turn means valhalla will not be a red bull project. Aston had been talking about their team/division within red bull working on road cars - presumably that will now be all change

valhalla delayed to now be 'revealed' in 2022 - previously it was to be delivered to customers in 2021. They are looking to hold on to those substantial deposits for an awful long time, though the James Bond effect may help

vanquish to be revealed after valhalla

EVs to be put back to 2025. Lagonda to be put back to no earlier than 2025. Hardly a surprise - most manufacturers would have been crucified in the media for that lagonda launch at geneva where with a straight face, they said the concepts were representative of cars that would be on the road by 2023 and that's not even taking into account the fact it was to be done whilst also bringing in the mid engined cars

Lots of focus still on specials