AML - Stock Market Listing

[Jon39]

RL17 said:

But we have lost the successor to Valkyrie

Sometimes I am a bit slow. Don't get your meaning Reg.

Prose, books, film, or video game perhaps ?

Edited by Jon39 on Tuesday 25th February 07:52

[Cheib]

There’s one other thing about this Stroll deal....it will be a lot easier to get sponsors for an Aston Martin F1 team than “Racing Point”....no idea how you quantify it but I would think it has serious value. So he’s getting money back there effectively....

[cardigankid]

Thank you Jon39 for that excellent illustrated explanation. some great stuff on YouTube and that NA V12 sounds epic. I still think though that it is one model too many, plus the use of a turbo V6 reminds me of the XJ220 debacle. One halo bespoke model plus one series mid engined sports car seems enough to take in. I’m not sure whether Stroll F1 is going to support Aston Martin, or AM is going to support Stroll F1. I’m also not sure F1 has much relevance or following these days. Le Mans would be the place to make a splash.

Edited by cardigankid on Monday 3rd February 10:25

[ajr550]

Look at the countries F1 has expanded into.
Look at the biggest growth countries for luxury goods purchases in the last 10 years (albeit slowing now).
AM is not an automotive stock.

[JB65]

ajr550 said:

Stroll is passionate about cars and understands luxury goods and emerging markets.
AM will want to trade on a Luxury Goods multiple in the same way Ferrari do.
IMHO he is the right person.
Palmer has done an excellent job given resource available and the fundamental change in the luxury car market.

Appreciate you are a huge fan and indeed have to admit that AP certainly did a solid job in rewarding previous owners. Silver lining is that the time for this to occur could be perfect as Stroll has a need that AM seems to fill - not sure if there would have been many other takers... At the same time - driving a company close to bankruptcy is not an excellent job in any measure - buck stops with him. Knighthood not on the cards but am certain that will have been made up through his Bankaccount.

Lets hope that, as for most of us, Strolls passion for the brand surpasses the need for a quick return.
Will be on the hunt for a CEO that can set a turnaround strategy with realistic goals while staying within certain financial boundaries.

[cardigankid]

ajr550 said:

Look at the countries F1 has expanded into.
Look at the biggest growth countries for luxury goods purchases in the last 10 years (albeit slowing now).
AM is not an automotive stock.

In some countries tobacco is still an expanding market. F1 as an experience is about loud noise, the Red Arrows, burger vans and beer, almost identical to any other large sporting event.

Actually, while I understand your point, actually AM is a quintessentially automotive stock. Porsche, Mercedes-Benz, even Rolls-Royce are far more flexible as brands. Say Aston Martin and people think of Sean Connery and his DB5 - AM can’t get too far away from that. It’s what’s right about the DB11 and what’s wrong with the Vantage. Bentley is another brand with high visual identification - that big radiator and the twin headlamps. But not so specific as AM.

[RL17]

Jon39 said:

RL17 said:

But we have lost the successor to Valkyrie

Sometimes I am a bit slow. Don't get your meaning Reg.

Prose, books, film, or video game perhaps ?

Edited by Jon39 on Sunday 2nd February 20:36

Should have been at loss of future Red Bull/Adrian Newey developed cars and also Le Mans Hypercar successors and possibly Le Mans GTE program

[Jon39]

RL17 said:

Should have been at loss of future Red Bull/Adrian Newey developed cars and also Le Mans Hypercar successors and possibly Le Mans GTE program

Thank you. I began to wonder if you were referring to something in Norse mythology, not a specialist subject of mine.

Hearing Adrian Newey talk about the Valkyrie, he sometimes refers to his very long held ambition, to design a road car with freedom from the constraints, which he has to work with in Formual One. I guess therefore that he has achieved that now, so job done and from his point of view, no need for another one.

Yes, I do hope we see the racing version of the Valkyrie in the top class at Le Mans, when the new rules begin (2021, I think).
There will be an interesting aspect involved, which might be unique for a racing car. The racing version will not be as powerful as the road car version. WEC and Le Mans rules limit the power.

AML's annoucement about the Valkyrie competing at Le Mans, included a comment about the GTE works team continuing.
However, if there are Aston Martin Valkyries contesting the race lead, why also have other Aston Martin cars competing for class wins ? Particularly when there are efficiencies (cost cuts) within the Company.
Under those circumstances, surely AML have already proved everything in the GTE classes. Championship wins and many class wins. Even without GTE works entries, there may still be GTE Am entries by private teams, so still a presence for the Vantage.

Edited by Jon39 on Tuesday 25th February 07:52

[RL17]

2+? Valkyries in WEC for 20/21 season - starts at Silverstone this year (and I think there's a test day there before that).

2 will be Multimatic team (tub builders) so not full AML entry

Another 2 possibly for R Motorsport - possibly not happening now (plus I think the R Motorsport run DTM (silhouette cars) were canned after just 1 season 2019).

[raceboy]

Price sliding towards the magic £4.00 point again, any insider info to hint at them bouncing up to £5.00 on Monday morning?

[Jon39]

raceboy said:

Price sliding towards the magic £4.00 point again, any insider info to hint at them bouncing up to £5.00 on Monday
morning?

You need to ask Bobajobbob, bought AML at 405p, then sold one day later at 515p. You cannot better that timing.
If you have difficulty making contact, it might be that he is still busy signing autographs.

Possibly unlikely that Bob will try to repeat that. It is all too easy to have 'egg on face', with short-term equity gambling. Anyway, sometimes best to stop after an excellent deal.


raceboy - How about trying a 24 hour trade on the 26th February ?
NO DON'T, only joking. That is the day before the 2019 Results Announcement.

Edited by Jon39 on Tuesday 25th February 07:53

[Bobajobbob]

I bought last time as these levels because it was bouncing off the bottom but with the imminent prospect of "good" news. It had been widely reported that an investment was incoming and I gambled on a short sharp correction. I'd managed a similar trade a month or so earlier with similar strategy. Both were calculated punts based on the prospect of a reasonable upside with not much downside risk. I'm not so tempted this time as I don't see much upside at the moment. News out of China is so unpredictable at the moment and weighing on some sectors. Having said that you can tell there is an awful lot of cash sitting on the sidelines waiting to jump in the second corona news improves. AM has proved a good punting stock but I still wouldn't invest in the equity. I'd rather waste my money on the cars.

[raceboy]

Jon39 said:

You need to ask Bobajobbob, bought AML at 405p, then sold one day later at 515p. You cannot better that timing.

Still kicking myself for missing that one, had my buy set at £4.00 dead and they never quite reached it, then boom up 25% over night.
I’d be happy if it took a few weeks to climb back up but with no positive news on the horizon will it happen but they have yet to crash through the £4 ceiling yet for long, the graph shows a bounce every time it gets there.....past performance is no indication of future results

[RL17]

Market worries re APAC and reputational damage pushing price lower? More cash now required through a rights issue?

Must be a worry to some (however remote) of buying a car with a possibility of no warranty or dealer network come first service time!

[hornbaek]

There is no real upside in buying AML. It needs a rights issue so any increase in share price will be used to launch a rights issue which will then be deeply discounted putting the price back to where it started. With corona virus having the potential to delay a China launch i think Mr Stroll is having a nervous time as his timing seems to be a bit out of sync. If you want to buy automotive stock, have a punt of Tesla instead - that can go both ways and there is liquidity enough in the stock so that you can get out at any time. If you want exposure to AML put in an option with the dealer to by the DBX. At least you get some value in return.

[RL17]

Did think about Tesla shares when went through $500 in mid Jan as one report said could go to $2,500 in a few years.

By time I looked in late Jan they were $700 to $800 and after a fall back they have climbed again to $900 mark. Over 300% up in last six months!

So Tesla market cap $169bn, Toyota $224 bn but BMW just Euro 42bn and Daimler Euro 47bn

So Tesla worth more the 5x Ford and more than 3X General Motors

[Jon39]

raceboy said:

Still kicking myself for missing that one, had my buy set at £4.00 dead and they never quite reached it, then boom up 25% over night.
I’d be happy if it took a few weeks to climb back up but with no positive news on the horizon will it happen but they have yet to crash through the £4 ceiling yet for long, the graph shows a bounce every time it gets there....

Your wish has been answered.
You even have a 20p buffer.

Edited by Jon39 on Tuesday 25th February 07:54

[Jon39]

This one chart might possibly provide an illustration of the 106 year financial struggle.

During the all-time record sales period, there was a sequence of annual pre-tax profits. Those profits were in the tens of millions, not hundreds of millions. In other words, probably insufficient to repay much of the current debt. Another important aspect during the period of Ford ownership, as shown in the accounts, was that development costs were being reimbursed by the Ford Motor Company.



The main core models. European Markets only.

Red line - DB9
Blue line - V8 & V12 Vantage
Yellow line - DB11

Edited by Jon39 on Tuesday 25th February 07:54

[KevinBird]

377 at the close today....

[silentbrown]

Guardian is suggesting that Covid19 could allow Stroll to renegotiate. His £4 offer is above current share price...

https://www.theguardian.com/business/nils-pratley-...