Just curious when Aston goes public - anyone here investing?

 

I was interested in buying a few and hopefully get one stock printed that I could frame and keep in my garage :-) Last time I check you had to buy 10,000 British Pound worth at a minimum...

 

maybe, if there's an ADR

here's some basic info on it

 

ADR Explained in English

 

It's an interesting question. The more interesting is, would you buy with your heart or your head?

The stock market at it's peak, the pessimist in me sees a looming major adjustment, repeal of Glass Steagall and Dodd Frank, the first round of foreclosures never fully resolved, the banks are predatory lending and investing pension funds irresponsibly again. My head says no f'n way I'm buying into anything in the market until I see a major correction.

But my heart wants to buy 1000 shares. I believe they'll come out with a DBSish redesign of the front of the Vantage and they'll do very well going forward. But will sink will all ships if that storm comes.

 

One would get more satisfaction of buying a used V8 Vantage and running it.

 

If you're here you've probably already checked that box. You buy the car expecting it to lose money, you buy a stock hoping that it doesn't

See the 2007 V8V6M on BJ tonight? While Rick DeBruhl is gushing over how it's the most beautiful car ever designed, it sold for $41.8. 21k miles, looked like a creampuff. Although the blue over tan not my favorite combination.

 

The problem is that the stock as being valued with the same multiples as Ferrari. I am sorry, I love the cars, I love the brand, I love many of the proposed new models, but until you have people standing in line to buy the cars, Ferrari valuation for the stock doesn't seem to make sense. When a barely used Superleggera sells for more than a new one because you can't get a new one it makes sense. When a used DB9 starts selling like a Ferrari 550/575 Maranello the valuation is appropriate. It is coming out on the London Exchange instead of NASDAQ or NYSE, So they are appealing to the UK market where the enthusiasm for the cars is highest. So unless they reset the opening price, I am out. Look to buy the stock at a discount in 6-12 months.

Mark

.

 

I'd be concerned about buying stock until sales numbers of the new Vantage are public, The company requires this to be a smash hit, and based on the reception so far I just don't see it. As mentioned above a DBS front end would rescue the thing but I doubt you'll see that for couple of years at least.

 

I want to buy some for pure novelty. Nothing large enough that would make or break me. Just buy some and forget about how much it was at the time. In the long run, I would expect some increase.

 

same here

 

 

 

Agree with buying a few shares just to have. Just a show of support for the brand. Who knows, might be worth it when they hold their invitation only stockholders meeting at the factory.

 

See this .... https://www.bloomberg.com/news/artic...unds-per-share