Batshit Crazy Euro Loon Gina Miller FCA Dossier - she is bang on the money about how useless it is: Asleep at the Wheel
I guess if you are an embattled Aston Martin Lagonda (AML) shareholder then you have a mild spring in your step this morning, with the shares over 25% up. Only another 300+ percent to go until they are back at the IPO price...
The comedy that is life as a publicly listed stock of Aston Martin Lagonda (AML) continues apace. I see Nigel was moved a few weeks ago to highlight the lunacy around rumours about a big potential new investor into the business. Meanwhile, I observed in my latest bearish update in November that 'my favourite line for insight remains the x5.5 net debt to adjusted ebitda multiple'. Well I must apologise for the conservatism of my comments back then...because today's update places it squarely in the x6s...
Perma-dog Aston Martin Lagonda (AML) has been a predictable disaster for investors since its latest iteration joined the stockmarket last year and ShareProphets readers were well warned off by Gary Newman ahead of the IPO and Chris Bailey was no less scathing HERE. Indeed, Tom Winnifrith wondered HERE whether it would go bust for the seventh time. On Friday evening after hours, at 5.05pm – no-one-is-watching o’clock on General Election results day - the company issued a statement. Uh-oh…….
The best line from today's crop of regulatory news statements is undoubtedly the observation from Hornby (HRN) that 'We regret not producing a Brexit themed model. Our new grasp of social media has shown us that people are passionate about sharing their views on the topic. If the situation persists, we have plans for a locomotive that reliably gets stuck between stations'. Very good! Also before we get to the main event…
In a manner reminiscent of a blundering, multi-take shoot of a James Bond film scene where his pristine ride is written off as part of a plot twist, I see Aston Martin Lagonda (AML) shares are once again having a shocker. Today's 20% odd fall follows the publication of a trading update which included the words 'revised outlook' in the headline. And you can guess already that this is not going to be an upward revision…
Lots and lots of numbers out today but something that really stuck out to me was the quarter one update from Aston Martin Lagonda (AML), which floated less than a year ago above 1800p a share...and today is on sale only for a few percent above 800p a share. Now that is ugly from anyone's perspective…
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