I just got a tender offer to buy my shares at 10 British pounds (GBP) per share, I think I am going to decline. An investment firm is looking to buy almost 7 million shared.

 

I got that notification, too... was briefly tempted, but I still have confidence in Aston long-term.

 

^ Good moves, guys!

 

Received offering as well. I wanted to purchase at IPO price day one, thankfully couldn’t.

Sad ‘bout current stock price. The disaster with Brexit and my favorite manufacture seemingly in quick sand. Just too many models / directions and seemingly late to the game. I did see the Valhalla, stunning, but a small market.

 

Maybe this is a sign to buy more shares if someone with a heck lot more money and smarts like this firm is interested in buy as much as they can?

 

That crossed my mind, too, but I'm maintaining high liquidity in preparation for the impending recession when everything's discounted.

 

Just read this on a site you have to subscribe to but when I reloaded the story came up.

Title

The name’s bond . . . perilously expensive Aston Martin bond

Carmaker has issued a type of debt that signals a company teetering on the edge

https://www.ft.com/content/1ad7f2a0-...3-db5a370481bc

The bottom line is they've taken on almost a Billion pounds in high risk high interest debt, which Financial Times is signalling is typical for a company teetering on the edge of bankruptcy. Evidently in an attempt to get to the DBX release, which could either take them off the edge or throw them over.

 

Agree. They are betting the ranch on the DBX. Never expected they needed to borrow money after the IPO for the DBX.


https://finance.yahoo.com/news/aston...092918427.html


Just hope the sales attract AM buyers for the first time. A tough nut to crack.

 

Lets hope the DBX looks decent then, no actually, not just decent, it needs super star looks, like the new Vantage needed, anything less and you're asking for trouble given the competition that's out there.

Clearly they bet the farm on the new Vantage already..

 

Plus, it needs an attention getting entry pricing. Obviously there is very stiff proven SUV competition from virtually all manufactures.

 

Lagonda line up is going to be the lifeblood of AML. I hope their finances can make it until then. I'd hate to see them bought out by someone, but that looks to in cards unless the ship changes course.

 

Lagonda is nothing but vaporware

I would bet a crapload of money on that never happening

 

Will electric cars come under the only AM marque only?

 

Yes if they are around long enough

 

I had three Lagondas decades ago when they were dirt cheap (no more). This was the car that saved Aston martin - the deposits they took at Geneva reveal kept the company afloat. The problem is much different today with about 700 new Astons languishing in dealer showrooms with no possibility of any retail buyers. Last I checked Porsche had the same number of 911's on dealer showrooms, but they sold about 20,000 new ones this year - Aston not so much. The Porsche dealer down the street had 2 992's had delivered 8 already, and had 26 with firm orders in the que. They also had 90 deposits on the Taycan. A few weeks ago the Aston dealer sold a new DB11 for $110K discount. The DBX looks like a fat Vantage from the renderings with a weird duck tail. I hope the production car does not look like a cartoon of the new Vantage. The Lagonda once rescued Aston Martin - it can do it again, if there is different leadership.