AML - Stock Market Listing

AML - Stock Market Listing

Author
Discussion

alscar

3,966 posts

212 months

Monday 22nd October 2018
quotequote all
Jon , don’t want to create an argument but I’m curious what you want to achieve with your constant negative comments ?
I would also be interested in other share tips you may have generally ?
Decisions to buy AM shares were probably always a decision of the heart over head ( a bit like owning an Aston sometimes ) - at least that’s my excuse for cheerfully buying some - although it’s the smallest “ depreciation “ I’ve suffered on an Aston thus far !

Minglar

1,223 posts

122 months

Monday 22nd October 2018
quotequote all
No one was forced to participate in the IPO. Unfortunately the luxury goods sector and car companies have been hit during the recent bout of general stock market weakness, so the timing of the listing has been somewhat unlucky in that respect. With regards to Jon’s quote regarding the take up by the shop floor employees, I think it would have been a nice touch from the management if they had awarded everyone a small tranch of free shares, or perhaps a discount to the IPO price, as recognition for their contribution to the recent success of AML. I’m not privy to that information, so it may or may not have been how it played out. However, as has been mentioned before, the only real precedent that AML can benchmark against is Ferrari, and their stock price dropped after their initial listing too. Long term investing requires patience......only time will tell.

Best Regards

Minglar

Edited by Minglar on Monday 22 October 08:48


Edited by Minglar on Monday 22 October 13:41

dbs2000

2,681 posts

191 months

Monday 22nd October 2018
quotequote all
I'm sure Jon doesn't mean to be negative regarding his posts; he's looking at it purely from an investment point of view with emotion and love of AM taken out. -25% is a fair drop from the IPO and it could go further yet.

AMVSVNick

6,990 posts

161 months

Monday 22nd October 2018
quotequote all
dbs2000 said:
I'm sure Jon doesn't mean to be negative regarding his posts; he's looking at it purely from an investment point of view with emotion and love of AM taken out. -25% is a fair drop from the IPO and it could go further yet.
Disagree I'm afraid.

No different to posting the quarterly (UK) sales figures and pointing out the difference between "11 and '9.

It's as if he can't wait to say "told you so"

JB65

145 posts

71 months

Monday 22nd October 2018
quotequote all
Full agree with dbs2000. Re shares for employees, regardless of the current trend would assume they offered them at a reasonable discount, not doing so would be truly naive and risking negative tension for a very limited upside...

IanV12VSRs

2,749 posts

154 months

Monday 22nd October 2018
quotequote all
JB65 said:
Full agree with dbs2000. Re shares for employees, regardless of the current trend would assume they offered them at a reasonable discount, not doing so would be truly naive and risking negative tension for a very limited upside...
Wouldn’t that have been covered in the sales prospectus if there was to be any discounting for any parties? I hope they did though!

alscar

3,966 posts

212 months

Monday 22nd October 2018
quotequote all
I believe that some employees MAY have received a due contractual modest bonus around the time of the IPO and it was " suggested " they might like to invest in the shares with the proceeds - whether this is correct or not I don't know nor how heavy the suggestion was BUT I do know that if they then bought shares they received no discount - which would have had to have been mentioned in the prospectus - which it wasn't.
Whether this results in naivety for first time shareholders I also have no idea about but I think there are enough health warnings with any share purchases these days to suggest that the price of such can go up or down and past performance of such is no indicator for the future.

Bobajobbob

1,408 posts

95 months

Monday 22nd October 2018
quotequote all
It would have made more sense to run a SAYE option scheme. Let staff save against future options offered at a discount with your contribution protected.

RL17

1,231 posts

92 months

Tuesday 23rd October 2018
quotequote all
SAYE must be a relatively easy option now.

On the bright side - IPO got off just before a market correction (loads of stocks/funds etc down 10-15% and Ferrari down 17% or so).

Main investors got a reasonable/good return on shares sold - avoids a possible trade sale had IPO not got off ground, and current price allows scope to rise and get further shares to market over medium term.

Haven't seen an early rise entry into and then a fall from FTSE100.

Underlying company has changed, so happy to wait and se things grow over time. A spectacularor substantail rise after floatation would have been far worse IMO.




jonby

5,357 posts

156 months

Monday 10th December 2018
quotequote all
Haven't clocked the aston share price for a while and I know markets are volatile right now, but wow.....

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

£12.34 today

nickv8

1,342 posts

82 months

Monday 10th December 2018
quotequote all
jonby said:
Haven't clocked the aston share price for a while and I know markets are volatile right now, but wow.....

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

£12.34 today
Amateurs! If you want to lose value in absolute terms over a few month period, you have to fiddle with a fruity Apple share biggrin

Jon39

Original Poster:

12,782 posts

142 months

Monday 10th December 2018
quotequote all

jonby said:
Haven't clocked the aston share price for a while and I know markets are volatile right now, but wow.....

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

£12.34 today

Aston Martin Lagonda Global Holdings plc., is a Company which at present is very difficult to value. The stock market is reflecting many different opinions.

So far, some people have 'put their money on the table', and have said the Company is worth £4,366,255,344.
Others say, £2,780,495,244.

IMHO, I don't think anyone will have a clearer understanding, until the DBX is in production.







MCSV8

880 posts

262 months

Monday 10th December 2018
quotequote all
Is it a good time to buy ?

pschlute

714 posts

158 months

Tuesday 11th December 2018
quotequote all
MCSV8 said:
Is it a good time to buy ?
Tell me how long this is and I will answer your question.......



dbs2000

2,681 posts

191 months

Tuesday 11th December 2018
quotequote all
Who knows, the Brexit nonsense is rumbling on and is not helping the pound or UK business.

limpsfield

5,871 posts

252 months

Thursday 28th February 2019
quotequote all
Big hit today -17%

"Investors are slamming the brakes on Aston Martin's shares after the luxury British carmaker reported a 7% drop in adjusted pre-tax profit to £68m in 2018".

That puts them down by more than a third in around 5 months

RobDown

3,803 posts

127 months

Thursday 28th February 2019
quotequote all
The sales volumes are actually quite good. Nicely up in the US and Asia

Investors don’t like the possible £30m Brexit fund though. And the higher working capital requirement (production delays in Q4).

Really need to get Brexit resolved one way or another. The uncertainty is killing the UK economy

Jon39

Original Poster:

12,782 posts

142 months

Thursday 28th February 2019
quotequote all

Perhaps of interest.
Some non-financial extracts about future models, from the Preliminary Results.

- Convertible version of DBS Superleggera in 2019 .

- Convertible version of Vantage in 2020.

- The first production trial of the DBX will commence in Q2 2019, with full production starting in H1 2020.



hornbaek

3,668 posts

234 months

Thursday 28th February 2019
quotequote all
The increase in sales is wholesale numbers only - so not actually sold cars to end customers(but that is the same for any manufacturer). The market clearly reacted negatively to the release with the shares at an all time low. Can’t really see where AML is going from here. V8 manual and convertible in the pipeline but no V12 for the baby Aston.

indapendentlee

401 posts

98 months

Thursday 28th February 2019
quotequote all
hornbaek said:
The increase in sales is wholesale numbers only - so not actually sold cars to end customers(but that is the same for any manufacturer). The market clearly reacted negatively to the release with the shares at an all time low. Can’t really see where AML is going from here. V8 manual and convertible in the pipeline but no V12 for the baby Aston.
Very important point here - without knowing dealers' inventory positions it's hard to really read much into the increase in "volume."

DBX can't come quick enough.