Aston Martin Announcement - We Want To Be Green

[Jon39]

I sometimes wonder if life washes over me.
Is WOKE an anagram for something? I don't know what it means.

Every time I switch on BBC, they are talking about WOKE, diversity and tax the wealthy because they all use loopholes to avoid paying any tax.
After hearing their obsessions yet again, I immediately switch off.

Thought a public service broadcaster, which runs endless adverts for their own programmes, is supposed to be educational.
And I have to pay two TV licences to the blighters.

[Piston Ted]

Jon39 said:

I sometimes wonder if life washes over me.
Is WOKE an anagram for something? I don't know what it means.

Every time I switch on BBC, they are talking about WOKE, diversity and tax the wealthy because they all use loopholes to avoid paying any tax.
After hearing their obsessions yet again, I immediately switch off.

Thought a public service broadcaster, which runs endless adverts for their own programmes, is supposed to be educational.
And I have to pay two TV licences to the blighters.

Jon I stopped watching/going on the BBC website about three months ago for the very reasons you mention and I can honestly say that I feel less stressful about the world now than I used to. In my eyes It’s no longer a factual cooperation, more a propaganda machine. If I want the news I buy the daily telegraph, yes it’s right leaning (which suits me) but at least it presents a reasoned argument and is far more balanced than the national broadcaster.

Unfortunately I also am required to pay for the BBC, but only because my wife insists on watching cooking programmes - but she is a jolly good cook so swings and roundabouts I guess!

[WantSagaris]

Minglar said:

I received the same email on Friday. As soon as I read “ultra luxury” yet again…….I switched off. What exactly does that mean? It’s just more PR nonsense that leaves me completely disheartened. Stroll needs to get the business back on a strong footing, build cars people want to buy, sell more of them, reduce debt levels, and ultimately make some money for a change. Granted, that’s a hell of a job and a very difficult task in the current climate, but all this flowery marketing drivel is pretty pointless imho.

Best Regards

Minglar

The current shareholders face a similar dilemma to Invest Industrial et al in the mid 10s. Even under Ford the company made a loss, and the likelihood of long term financial success is slim, so that means bleeding the badge in the short term and then getting out. The current situation is also far worse than it was back in 2014 where i feel there was still a possibility with the right decision making of steering things in the right direction, now I'm not so sure.

I'm still surprised Stroll and his consortium were chosen over Geely. Surely someone like Geely is a far superior long term partner?

[Jon39]

Piston Ted said:

.... If I want the news I buy the Daily Telegraph ....

Try this. You might have free access to the DT.

Open 12ft.io
Make it a saved page in your web browser.

Open a DT article.
Copy the URL address.
Open the 12ft.io saved page.
Refresh the page.
Paste your copied URL address into the search box.
The Telegraph article should now open in full.

You should be able to continue moving around the DT website, without restriction.
The readers letters I think can be seen from the Opinion link.

[trashbat]

Simpo Two said:

Every £1 you spend playing the green game is £1 that won't get spent on developing cars or paying off debt.

I suppose you have to do this to sell to the wokes and virtual signallers these days.

Oh yes, the infamously woke and virtue-signalling mob of *checks notes* Aston Martin buyers.

[AstonV]

trashbat said:

Simpo Two said:

Every £1 you spend playing the green game is £1 that won't get spent on developing cars or paying off debt.

I suppose you have to do this to sell to the wokes and virtual signallers these days.

Oh yes, the infamously woke and virtue-signalling mob of *checks notes* Aston Martin buyers.

They say “Go Woke Go Broke”!

[Jon39]

krisdelta said:

Whilst it may not sway many purchasers, what it will do is attract more investors and shore-up the share value. ...

Only by AML delivering profitability, will the share price be properly 'shored-up'.

There have been two recent periods where the share price increased quite strongly, but those upward movements were subsequently seen to be, what is known in the business as, 'dead cat bounces'.

Strong emotional behaviour by investors, either confident or pessimistic, is frequently involved in the movement of share prices, often completely unrelated to realistic changes to the future prospects of a business. The uplift marked purple, followed the announcement of further significant purchases by two AML directors. Prospective investors sometimes interpret such actions, as better times must be coming. However, one of those directors has repeatedly been buying more shares, all the way down from about 2000p. Finding out that if you have just lost 40%, you can lose another 0% and so on. Of course if a share price goes down as far as 1p, you can still lose 40% more, although in that particular example, receivership would be more likely, so change that to 100%.

Edited by Jon39 on Sunday 24th April 22:15

[Jon39]

AstonV said:

They say “Go Woke, Go Broke”!

Possible, but all I remember is; Go well, Go Shell.

[oilit]

I have to admit i also:-

don't really know what woke stands for,

don't agree with targets for recruitment base upon gender, religion, skin colour or anything other than capabilities and cultural fit.

Have less and less affinity for the AM brand since Stroll & co have taken over and will not buy another AM until (a) the designs better resonate with me about how an AM should look. (B) i see more interest in the actual sale and building of cars than sticking a brand on f1 cars.

Find it unacceptable that If you search aston martin in google and click ‘news’, it’s not until you get to the 12th article that you find something about the car business (PAGE 2!!!!!!)

(I realise this changes day by day, but the trend is similar most days - but when I look at Ferrari it seems to be the same - so maybe I am a dinosaur and need to change my hobbies and expectations and become woke (I did this morning - and every morning of my life so far).

Edited by oilit on Monday 25th April 11:09

[Peavey123]

WantSagaris said:

The current shareholders face a similar dilemma to Invest Industrial et al in the mid 10s. Even under Ford the company made a loss, and the likelihood of long term financial success is slim, so that means bleeding the badge in the short term and then getting out. The current situation is also far worse than it was back in 2014 where i feel there was still a possibility with the right decision making of steering things in the right direction, now I'm not so sure.

I'm still surprised Stroll and his consortium were chosen over Geely. Surely someone like Geely is a far superior long term partner?

My best guess is people though Stroll could turn it round and took a punt on AML.L.

Maybe people have realised even if they hit his target in 2024/25 (10,000 car sales, £2 billion turnover and £500m EBITDA) they still don't make an actual profit.
After you subtract interest on debt and D&A, you are back to zero.
So even if they get through China's lockdowns and a high interest/recessionary environment, and hit their lofty targets, there is still no profit at the end.

There is a poster LSE who knows his finance who takes apart anyone on this matter, he/she seems to be on the money imho.
How AML will ever make a profit under Stroll, is the burning question no one can answer.
Nebula winning the court case for royalties on every Valkyrie, Valhalla and Vanquish could spell disaster for them.

[Dewi 2]

Peavey123 said:

Maybe people have realised even if they hit his target in 2024/25 (10,000 car sales, £2 billion turnover and £500m EBITDA) they still don't make an actual profit.

By continually hyping, exaggerating and issuing nonsensical press releases, more people will see through it all.

As for the modern obsession with EBITDA, well Mr. Charlie Munger has a word for that, but I could not repeat it here.
It is akin to us saying, our gross salary is what is left for our monthly discretionary spending.
Well it might be, except there are taxes and bills to pay first.

[Minglar]

Peavey123 said:

WantSagaris said:

The current shareholders face a similar dilemma to Invest Industrial et al in the mid 10s. Even under Ford the company made a loss, and the likelihood of long term financial success is slim, so that means bleeding the badge in the short term and then getting out. The current situation is also far worse than it was back in 2014 where i feel there was still a possibility with the right decision making of steering things in the right direction, now I'm not so sure.

I'm still surprised Stroll and his consortium were chosen over Geely. Surely someone like Geely is a far superior long term partner?

My best guess is people though Stroll could turn it round and took a punt on AML.L.

Maybe people have realised even if they hit his target in 2024/25 (10,000 car sales, £2 billion turnover and £500m EBITDA) they still don't make an actual profit.
After you subtract interest on debt and D&A, you are back to zero.
So even if they get through China's lockdowns and a high interest/recessionary environment, and hit their lofty targets, there is still no profit at the end.

There is a poster LSE who knows his finance who takes apart anyone on this matter, he/she seems to be on the money imho.
How AML will ever make a profit under Stroll, is the burning question no one can answer.
Nebula winning the court case for royalties on every Valkyrie, Valhalla and Vanquish could spell disaster for them.

Oh my word, the AM LSE page is a wonderful site to visit! There are some crazy posters on there. But I know who you’re talking about and he also posts under a different user name on the ADVFN forum. Basically he rubbishes everything AM, seems to hate Stroll and generally only posts when the stock price gets a whack……strangely though I’ve not seen anything from him today. Tbh any discussion along these lines is moving off at a tangent from this thread and is probably more appropriate for the AML Stock Market Listing page that Jon started in January 2018.

Best Regards

Minglar

[Jon39]

Minglar said:

Tbh any discussion along these lines is moving off at a tangent from this thread and is probably more appropriate for the AML Stock Market Listing page that Jon started in January 2018.

Best Regards

Minglar

Thank you Richard.
Some interesting posts and I have copied them to the Stock Market Listing topic

I have occasionally looked at the LSE forum (not to be confused with London Stock Exchange), but most of the posters there might learn more about AML by studying our forum.

They seem quite happy talking about breakout points, support levels, absolute price oscillators and numerous other get rich quick theories. -

[cardigankid]

AdamV12V said:

"As part of its Diversity, Equality and Inclusion strategy, Aston Martin is targeting 25% of all leadership roles to be filled by women within the next five years."

So they are going to use a policy of active discrimination to put women into roles where they may be better suited male candidates, in order to end up in a position where women then occupy half the number of roles they should, all things being truly equal. Genius statement....

Do I want a car which has been designed, engineered, suspension tuned, built, trimmed or inspected by some incompetent placeperson who is only there because their gender, ethnicity, religion, class, level of disability (whatever these happen to be) suits the quota for the employment profile which AML are trying to achieve? Absolutely not. Do I want to pay for all this greenwash rubbish which they are installing? No. Have I the least interest in the Stroll family's personal F1 crusade. No. I was depressed when I received that Racing.Green email. Do they seriously think we are going to be impressed by or want that kind of nonsense? I appreciate that they have to push that kind of tripe out there these days, but I hope that they don't think we want to read it. If anything Bentley are worse. What is Ultra-Luxury anyway and who wants it?

It has always been a good idea to buy an Aston, and they have always ended up being worth more than they cost. I could argue all night with anyone who does not like the current Aston range. I think that they are brilliant. I have just bought a DB11, and maybe this Aston will see me out. I did say to the salesman that I have no idea how they are going to sell electric Astons, and, though one might expect this, he agreed. By the way, the current DB11 V8, my personal choice, has been upped to 530bhp, but has a Petrol Particulate Filter, which does nothing for the exhaust note. It is just one small step in the wrong direction, and I would reckon we can expect more.

This is all going to end very badly, and probably sooner rather than later. In my view we are the victims of a Neo-Marxist project operated by people whom we did not elect, and who believe that they know better and that we should do as they tell us whether we wish to or not. The UK is one of the worst examples of this. There is no-one in authority who is not a woke virtue signaller. Sadly, AML as a company would be better out of here before the whole place goes to ratst.

[AstonV]

cardigankid said:

Do I want a car which has been designed, engineered, suspension tuned, built, trimmed or inspected by some incompetent placeperson who is only there because their gender, ethnicity, religion, class, level of disability (whatever these happen to be) suits the quota for the employment profile which AML are trying to achieve? Absolutely not. Do I want to pay for all this greenwash rubbish which they are installing? No. Have I the least interest in the Stroll family's personal F1 crusade. No. I was depressed when I received that Racing.Green email. Do they seriously think we are going to be impressed by or want that kind of nonsense? I appreciate that they have to push that kind of tripe out there these days, but I hope that they don't think we want to read it. If anything Bentley are worse. What is Ultra-Luxury anyway and who wants it?

Same to be said for medical doctors and surgeons. Shouldn’t be based on bull sh** woke quotas.