AML - Stock Market Listing

[DickyC]

Following the ups and downs of share value from mid-Sept - peak, trough, peak, trough, tending upwards. Each peak - mid-Nov, beginning-Jan, end-Jan - was higher than the last and each trough not as low as the last. I bought back in at £20.09.

My prediction is £25 at end of Feb beginning of March. I'm going to set a sell limit at £25 and then a buy limit at £23. And then hold to see what happens with the F1 exposure.

/complete amateur burns fingers

[Jon39]

DickyC said:

Following the ups and downs of share value from mid-Sept - peak, trough, peak, trough, tending upwards. Each peak - mid-Nov, beginning-Jan, end-Jan - was higher than the last and each trough not as low as the last. I bought back in at £20.09.

My prediction is £25 at end of Feb beginning of March.

Your prediction is for share price. The share price is of course linked to expected future profits.
What is your prediction for the pre-tax profits for 2020 and 2021?
Sorry, that was a trick question for 2020.
For 2021, we must certainly hope for profitability, otherwise the company might have difficulty maintaining the present £2,500,000,000 market value.

You have spotted a chart pattern Dicky, to help with your share trading decisions.
It reminded me of a quotation, by the best self-made investor in the world. "Beware of geeks bearing formulas".
I stopped gambling after I backed a horse at 20 to 1. I lost when it came home at half past five.

Tomorrow morning I will know some 2020 company results, which are important to me. I am anticipating an announcement for an increased dividend. That will be a rare treat during these difficult times, when so much now depends upon particular business sectors. So very unfortunate for pubs and travel agents, amongst many others. Nobody saw it coming, which unusually, this time is true.

Take care.

Edited by Jon39 on Tuesday 16th February 19:19

[DickyC]

Jon39 said:

Your prediction is for share price. The share price is of course linked to expected future profits.
What is your prediction for the pre-tax profits for 2020 and 2021?
Sorry, that was a trick question for 2020.
For 2021, we must certainly hope for profitability, otherwise the company might have difficulty maintaining the present £2,500,000,000 market value.

You have spotted a chart trading pattern Dicky, to help with your share trading decisions.
It reminded me of a quotation, by the best self-made investor in the world. "Beware of geeks bearing formulas".
I stopped gambling after I backed a horse at 20 to 1. I lost when it came home at half past five.

Tomorrow morning I will know some 2020 company results, which are important to me. I am anticipating an announcement for an increased dividend. That will be a rare treat during these difficult times, when so much now depends upon particular business sectors. So very unfortunate for pubs and travel agents, amongst many others. Nobody saw it coming, which unusually, this time is true.

Take care.

But it keeps me amused.

Thanks for not taking the piss

And I'm not betting the farm.

[oilit]

for anyone in AM long, just take a look at bluebird bio in the US over the past 18 months and think yourself fortunate !

[DickyC]

oilit said:

for anyone in AM long, just take a look at bluebird bio in the US over the past 18 months and think yourself fortunate !

That's sobering. Life changing for some, I'd imagine.

[Jon39]

DickyC said:

oilit said:

for anyone in AM long, just take a look at bluebird bio in the US over the past 18 months and think yourself fortunate !

That's sobering. Life changing for some, I'd imagine.

Fortunate ?

While feeling sorry for Bluebird Bio investors, we must not forget those who invested long-term in a certain (so called) luxury goods business in October 2018. (Pink line on chart).






I had never heard of Bluebird Bio until you mentioned it.
Is it a small pharmaceutical business, researching a tiny number of medical cures? A few eggs in a basket.
We have seen quite a few of those businesses in the UK. Some make successful discoveries and huge profits, but so many unfortunately fail. A difficult high stakes sector.

[oilit]

fortunate as in those who bought AML at IPO bought at the peak - if you had got in at the peak as some friends of mine did (employees) at Blue then the fall is greater - either way the losses are awful.

[Jon39]

AMLGH has the quite rare and dubious honour, of becoming a member of the stock market 90% club.
An investor would consider a 90% loss tantamount to a writeoff, and that all happened in just 17 months.
Disgraceful.

[oilit]

Indeed - the main winners of the AML float were the directors and private equity guys.

I went to a dealer today, and they had a number of DBX on the premises. They claim they have sold well - although they wouldn't say any different would they - but they were all dark colours - Black, Grey and dark Blue. - It is another AM which looks completely different in the flesh compared to the pictures, and to my eyes the Aston Martin lettering on the back actually improves the look compared to the opposite being the case imho on the GT models.

Apparently they have sold one in Orange - which I wish I had seen as it is a colour I like.

Edited by oilit on Wednesday 17th February 15:24

[Jon39]

Might the dealer with the DBX stock you saw, happen be one listed on this webpage?
(Black, grey, dark blue, might be Cheltenham.)

https://www.pistonheads.com/classifieds?Category=u...

I page saved that listing a few weeks ago, so know which vehicles were for sale then.

Ignore the location, if captured by the link. It might not be true.

(Edit - funnily enough I thought it was a Bristol postcode, but turns out it is Bromley.)

Edited by Jon39 on Wednesday 17th February 12:38

[Westlondondriver]

I saw one in the wild in dark blue with a black and grey interior at the weekend. It looked and sounded great. First one I have seen outside a dealership.

[oilit]

Jon39 said:

Might the dealer with the DBX stock you saw, happen be one listed on this webpage?
(Black, grey, dark blue, might be Cheltenham.)

https://www.pistonheads.com/classifieds?Category=u...

I page saved that listing a few weeks ago, so know which vehicles were for sale then.

Ignore the location, if captured by the link. It might not be true.

(Edit - funnily enough I thought it was a Bristol postcode, but turns out it is Bromley.)

Edited by Jon39 on Wednesday 17th February 12:38

yes it was - I was almost tempted to have a seat in one - but decided that might be a dangerous move. I do like the looks of them (but haven't seen an interior I would be pleased with colour wise yet).

Edited by oilit on Wednesday 17th February 15:23

[Jon39]

oilit said:

Yes it was - I was almost tempted to have a seat in one - but decided that might be a dangerous move. I do like the looks of them (but haven't seen an interior I would be pleased with colour wise yet.

Chelt. reduced the advertised price on one of their DBXs.
When I read 'dangerous' oilit, at first I thought you were being cautious about the virus, but then realised you must be referring to the temptation risk of handing over money.

I could buy a DBX, but why would I want such a large 2 ton vehicle? Even without needing to fold down the rear seats, I can fit a 3'x2' paving stone in the boot of my daily driver coupe, and if I did have a requirement for a greater carrying capacity, an estate car should deal with that. I cannot think of any reason for me to buy, so am obviously not a Charlotte.

My Vantage did fewer than 1,000 miles last year, so there is not even the need for another 'toy'.

Edited by Jon39 on Wednesday 17th February 17:16

[oilit]

I am in the same boat - I have a few vehicles that when combined can do what the DBX can do - so it would be a pure heart buy and I am supposed to be old enough to not do that now (apparently)!!!

My trusty old v70 can do pretty much as much lugging of stuff as I need !

Edited by oilit on Wednesday 17th February 19:59

[Minglar]

Possibly slightly off topic, but imho could be worth keeping an eye on for comparison purposes if nothing else. I have read a few speculative reports recently that VW is considering floating Porsche separately from within the group. After 115 pages on here discussing and critiquing the AML IPO it could be interesting to see how it pans out should it happen.

https://www.bloomberg.com/opinion/articles/2021-02...

Best Regards

Minglar

[oilit]

Come on Minglar,

How do you think that will even fly ? Porsche are just a car maker - where are their submarines, boats, bikes, and apartments??

No one will buy into such a dull one trick pony will they ?

thanks for highlighting

[SFO]

Minglar said:

Possibly slightly off topic, but imho could be worth keeping an eye on for comparison purposes if nothing else. I have read a few speculative reports recently that VW is considering floating Porsche separately from within the group. After 115 pages on here discussing and critiquing the AML IPO it could be interesting to see how it pans out should it happen.

https://www.bloomberg.com/opinion/articles/2021-02...

Best Regards

Minglar

Wasn't that long ago when Porsche tried to buy VW ..

[Jon39]

The debate about whether Mr Strolls real passion, is for Racing Point (err Aston Martin) or Aston Martin Lagonda, will probably rumble on.

It was suggested by someone, that obtaining new sponsors would become far easier for the Racing Point F1 team, after it is renamed Aston Martin. Perhaps we are now seeing examples, of how sponsors are being attracted.

A jeans firm say they are thrilled to be associated with Aston Martin. They even suggest, that when Sebastian Vettel attends an evening event, he can now wear jeans. Perhaps they have not yet appreciated the Aston Martin standards. Try to imagine James Bond wearing a dinner jacket, crisp white shirt with double cuffs, bow tie and ....... jeans!

"We are thrilled to announce this partnership with Aston Martin Cognizant Formula One Team," said Matteo Sinigaglia, CEO of Fashion Box SpA. "To work with such an iconic car brand is a real privilege. As companies, we share many common attributes, such as craftsmanship, passion and innovation. These are the values that continuously inspire us in the denim world.

---

My wife recently noticed a small tear in the knee of my gardening trousers. I told her that rips are very fashionable now, it is called designer and you have to pay extra for that. She said, "Nonsense, they are spoilt goods made by trainee sewing machine workers in far-off countries, but still offered for sale. Throw your trousers away".

[Old Chimer]

1171 DBXs sold in Q4

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

[Minglar]

Looks like good news. Stock price has moved roughly 10% higher in early trading. That’s a solid quarter for DBX in the current environment, and hopefully is a good sign for things going forward. Well done AM!

Best Regards

Minglar