Anyone here investing in Aston Martin Stock
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... I was like wow, that is some expensive stock... Just like their spare parts.
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I will through my 2 cents in. AM had to move in the direction they are headed. AM known the all the demographics of their buyers . They need new designs to get new owners and try a brand loyalty development like Ferrari. Having said that given my age I think the old Vantage was perfect as was the DB9 but that is me. I don't see many older buyers looking at the new Vantage. Having said that a friend of mine who is 66 has a new Vantage on order.
As for the stock. I would consider buying some but a 2/3 to 3/4 the asking price. Just because the stock is listed at one price does not meant they will not take another price if you buy enough. I think that sooner or later a major auto company will buy AM and you might be able to make some money on it. If you can make 10% profit take it. But be prepared to lose as AM has had as we all know financial problems forever. My thoughts for what they are worth.
As for the stock. I would consider buying some but a 2/3 to 3/4 the asking price. Just because the stock is listed at one price does not meant they will not take another price if you buy enough. I think that sooner or later a major auto company will buy AM and you might be able to make some money on it. If you can make 10% profit take it. But be prepared to lose as AM has had as we all know financial problems forever. My thoughts for what they are worth.
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These institutions should be able to buy: Goldman Sachs, Morgan Stanley, Merrill Lynch etc.
Search here:
https://www.londonstockexchange.com/...ry-search.html
Search here:
https://www.londonstockexchange.com/...ry-search.html
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I am completing an application with Merrill Lynch and will be able to buy AML stock in a few days. They said a stock certificate costs about $500 and take a few weeks to get. It can also take a few weeks to sell the stock as the certificate needs to be processed...
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I am completing an application with Merrill Lynch and will be able to buy AML stock in a few days. They said a stock certificate costs about $500 and take a few weeks to get. It can also take a few weeks to sell the stock as the certificate needs to be processed...
Btw, prelim 2018 report is here:
https://www.astonmartinlagonda.com/i...-presentations
I am waiting for them to post the webcast replay.
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Just saw your post. Mine didn't take that long. 2 days at most for the entire process. Happy to take this offline via PM if needed.
Btw, prelim 2018 report is here:
https://www.astonmartinlagonda.com/i...-presentations
I am waiting for them to post the webcast replay.
Btw, prelim 2018 report is here:
https://www.astonmartinlagonda.com/i...-presentations
I am waiting for them to post the webcast replay.
Either way, I have actually made money on the stock since I bought it! I want everyone on this forum to only buy new Aston Martins please. Strongly consider the DBX when it comes out lol...
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This caught my eye watching the BBC news tonight
Aston Martin shares dive by 18% on losses
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AM stock hammered today (-22%) down to $8 bucks which is all time low. Dealers don't want to order wholesale cars to control inventory. USA and Asia are holding up the ship, Europe is a mess. I guess the US promos helped as AML is still running lease promo since last sept to move volume. In USA ~100 2019 new vantages are on lots with about ~40 2020's landing already.
Palmer better get his act together soon...fix the cash cow (vantage) look and pricing...This will get worse before it gets better and probably looking at 6 bucks on AML stock before Brexit in October...Daimler buyout in 2020/21?
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PR link below
https://www.fin24.com/Companies/asto...rexit-20190724
Palmer better get his act together soon...fix the cash cow (vantage) look and pricing...This will get worse before it gets better and probably looking at 6 bucks on AML stock before Brexit in October...Daimler buyout in 2020/21?
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PR link below
https://www.fin24.com/Companies/asto...rexit-20190724
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Today on CarGurus 191 new DB11's in USA stock - that's not good as it's not a bad looking car - but worse also 171 'used' DB11's which are probably new but allowed to be discounted more, like the 'used' 2017 v12S I just bought. If I wanted a bigger car, the DB11 (V12) would be something I'd consider even though the interior is a bit convoluted for me. What is more interesting is that of the 362 DB11's all but 3 are that Mercedes V8!
Of the Vantages - new 145! All of course the Mercedes V8. Now, look at the 'used' again which many are 'new' and an additional 167 appear.
Search New Hurcans - 19
Search New Ferrari's on cars.com (CarGurus dont list Ferrari's) - 3 of all the models.
It's not Brexit - It's terrible decisions from the head brass of the company - any other corporation heads would roll and new management would take over with a redesign of the offerings.
I guess people don't buy Astons without Aston engines - just buy the Mercedes! The V8 Astons would state Power - Beauty - Soul on start up - my V12S does not - it says 'Pure Aston Martin' so it's the last which is truely 'pure Aston' They need to go back to that and not invest in Condo towers, boats, flying cars, etc.
Of the Vantages - new 145! All of course the Mercedes V8. Now, look at the 'used' again which many are 'new' and an additional 167 appear.
Search New Hurcans - 19
Search New Ferrari's on cars.com (CarGurus dont list Ferrari's) - 3 of all the models.
It's not Brexit - It's terrible decisions from the head brass of the company - any other corporation heads would roll and new management would take over with a redesign of the offerings.
I guess people don't buy Astons without Aston engines - just buy the Mercedes! The V8 Astons would state Power - Beauty - Soul on start up - my V12S does not - it says 'Pure Aston Martin' so it's the last which is truely 'pure Aston' They need to go back to that and not invest in Condo towers, boats, flying cars, etc.
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Today on CarGurus 191 new DB11's in USA stock - that's not good as it's not a bad looking car - but worse also 171 'used' DB11's which are probably new but allowed to be discounted more, like the 'used' 2017 v12S I just bought. If I wanted a bigger car, the DB11 (V12) would be something I'd consider even though the interior is a bit convoluted for me. What is more interesting is that of the 362 DB11's all but 3 are that Mercedes V8!
Of the Vantages - new 145! All of course the Mercedes V8. Now, look at the 'used' again which many are 'new' and an additional 167 appear.
Search New Hurcans - 19
Search New Ferrari's on cars.com (CarGurus dont list Ferrari's) - 3 of all the models.
It's not Brexit - It's terrible decisions from the head brass of the company - any other corporation heads would roll and new management would take over with a redesign of the offerings.
I guess people don't buy Astons without Aston engines - just buy the Mercedes! The V8 Astons would state Power - Beauty - Soul on start up - my V12S does not - it says 'Pure Aston Martin' so it's the last which is truely 'pure Aston' They need to go back to that and not invest in Condo towers, boats, flying cars, etc.
Of the Vantages - new 145! All of course the Mercedes V8. Now, look at the 'used' again which many are 'new' and an additional 167 appear.
Search New Hurcans - 19
Search New Ferrari's on cars.com (CarGurus dont list Ferrari's) - 3 of all the models.
It's not Brexit - It's terrible decisions from the head brass of the company - any other corporation heads would roll and new management would take over with a redesign of the offerings.
I guess people don't buy Astons without Aston engines - just buy the Mercedes! The V8 Astons would state Power - Beauty - Soul on start up - my V12S does not - it says 'Pure Aston Martin' so it's the last which is truely 'pure Aston' They need to go back to that and not invest in Condo towers, boats, flying cars, etc.