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Aston Martin Lagonda Global Holdings plc (AMGDF)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.5000-0.2700 (-15.25%)
At close: 03:58PM EDT

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  • L
    Laszlo
    My post got deleted. What is ex-rights issues ? As a us based person i was denied of the ri stocks. What is the ex-rights stock ?
    David mentioned it several times. Can you pls help ?
  • b
    ben
    Am I missing something or if I buy these rights shares their offering and sell them the same day It’s guaranteed profit? Can anybody help if I’ve got this wrong ?
  • D
    David
    My god the rights issue is confusing...
    It seems that 16/09/22 was ex rights day for the placing to large shareholders,hence the drop in SP.
    However ex rights day for retail investors is actually 11am. 23/09/22.So still plenty of time left to participate.
    investors who do not participate in rights issue will have the sale proceeds of their nil paid rights sent to them from 3pm 23/09/22.Trading in the retail rights issue is nowthe 28/09/22(source today's RNS from the company)
  • P
    P.G.
    the price of AMLN (the RI listing) is 69 at the moment, why would people pay 103 when they can buy it for 69?
  • P
    Paul
    People, what are your thoughts on SP getting back to relatively "normal"? With current RI I mean back to at least 40-50p? I've successfully purchased my 4 shares for each 1 held at £103 to level it up a bit and my average now will be around 40p still, after the transactions are filled by my broker at the end of the month... So, I'm just wondering how long could it take for this disaster to finally stop and SP recovery? I'd say at least a year-or-two?🤔
  • t
    thor
    Rights are suddenly 70% up compared to yesterday?
  • D
    David
    Aston Martin being sued by designers of Valkyrie for 150m USD according to papers 14/09/22...Hence price drop to the 130s
  • J
    Jamie
    what's just happened 😣
  • R
    Ricky
    Little confused here so was hoping for guidance, so if I don't take part in the offering are my existing shares sold or is it as we were before.
  • L
    Laszlo
    Question to all - how do we take advantages of the low priced shares ? I have a lot and in a big loss, so I'd like to buy some to lower the price point. How do I get the low prices shares ?
  • D
    David
    Here is the rights issue restrictions outlined in their rights document.....The rights issue is barred in the US,not because of UK law,but rather US securities legislation.

    The materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Hong Kong, Japan, the People’s Republic of China, the Republic of South Africa or Switzerland or any jurisdiction in which such offers or sales are unlawful.
  • D
    David
    Massive interest in Porsche IPO apparently..Listing is end September or early October...I guess investors money might move from Aston Martin to pay for Porsche shares in IPO... Somebody correct me if I'm wrong,but every single luxury car maker in the world seems to be doing very well, financially,except one?????
  • D
    David
    What a fine mess...Half a billion extra shares..Rights price 103p with 4 shares given for every one owned..This means that after rights issue the SP will drop from current 413p to 103p to allow for the four fold increase in shares..No wonder the Saudis are investigating..They are getting in at 103p per share so risk is virtually zero.
  • I
    Isabella
    If you believe in me, this is how our new movement on this next journey with me is going to be in business to the top baby.
    ''Anthony blahoslav'' through Facebook
  • L
    Laszlo
    https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/bentley-first-half-profit-more-than-doubles-boosted-by-customised-cars/93205650

    This is the model AM must be following. This is also similar to Ferrari. Customized unique cars, tailored to the owner.
    If Bentley could do post a profit why can't AM do the same ? The cars are similar price category and while Bentley has a VW backing, they sold almost 7400 cars in the 1st half. That is more then what AM wants to do in a year. Maybe AM needs to sell a lot more then 6600 cars to make the money. Their plan of 10,000 by 2025 is possible judging from Bentley's stand point. If Bentley can sell 14000+ cars a year, why can't AM sell 10,000 cars ?

    Luxury cars are also bought and sold quickly, many people keeping the car for little over a year, so the car ownership isn't long term.

    Does it really comes down to the electrification ? Does AM has to become electric by 2030 ? Maybe have a few cars electric, but all of them ? I'm not convinced that this is a smart goal.
    The AM cars are not driven a lot. They aren't daily drivers like a Camry for example, so their emission is negligent. Many people buy these cars because of the sound and powerful image.

    We'll see.
    The unit of German carmaker Volkswagen on Friday posted an operating profit for the first six months of 2022 of 398 million euros ($403 million), more..
    The unit of German carmaker Volkswagen on Friday posted an operating profit for the first six months of 2022 of 398 million euros ($403 million), more..
    auto.economictimes.indiatimes.com
  • a
    aby
    What is wrong with UK companies? Rolls Royce did this exact same horse siht, in October 28 2020. Rolls Royce did 3/1 split, and sold additional shares for 25% discount to private equity firms.

    Look at where Rolls Royce is now. Same story for Aston Martin.
  • G
    Ghini
    More details of the Rights Issue can be found here: https://www.astonmartinlagonda.com/investors/regulatory-news

    559 Million new shares..
    Regulatory News | Aston Martin Lagonda
    www.astonmartinlagonda.com
  • D
    David
    In addition.. reading the document,it seems Aston Martin is paying £35 in fees to the corporate bankers who are organising the rights issue...
  • t
    thor
    They also launched the V12 version of the vantage roadster as expected, limited to 199 pieces. Very good margin cars! The coupé version is already spotted several times, so production is in track 👍
  • N
    Nick
    is a good time to buy?