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Wales
by Joske Vermeule, September 1
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Forums39
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Jun 14th, 2026
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Joined: Nov 2011
Posts: 382 Likes: 3
Learner Plates Off!
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OP
Learner Plates Off!
Joined: Nov 2011
Posts: 382 Likes: 3 |
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Joined: Jan 2009
Posts: 5,945 Likes: 28
Charter Member
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Charter Member
Joined: Jan 2009
Posts: 5,945 Likes: 28 |
Smacks of venture capital wanting out when the market is high. AM have done well for a couple of years but these are the first 2 years in which they have made a profit in recent memory. They are into building a new plants where there are no car making skills and miles away from their existing kit. All in all it looks like a job half done to me, and that a great pity.
There is no reason why we cant build a british ferrari from either Aston or McLaren except that we run our businesses on the basis of financial engineering. No long term stable ownership
I hope, I really do hope, that I am wrong.
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Joined: Jul 2012
Posts: 1,616 Likes: 1
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Jul 2012
Posts: 1,616 Likes: 1 |
Smacks of venture capital wanting out when the market is high. AM have done well for a couple of years but these are the first 2 years in which they have made a profit in recent memory. They are into building a new plants where there are no car making skills and miles away from their existing kit. All in all it looks like a job half done to me, and that a great pity.
There is no reason why we cant build a british ferrari from either Aston or McLaren except that we run our businesses on the basis of financial engineering. No long term stable ownership
I hope, I really do hope, that I am wrong. I agree. I would not put my money into the shares even though I wish them well.
John
1992 plus4 connaught green
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Joined: Dec 2009
Posts: 37,486 Likes: 993
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 37,486 Likes: 993 |
I wish them lots of luck - I think they are going to need it.
2009 4/4 Sport Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Con Green +8 prev
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Joined: Jun 2018
Posts: 642 Likes: 15
Talk Morgan Regular
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Talk Morgan Regular
Joined: Jun 2018
Posts: 642 Likes: 15 |
I suspect that if AM were based in Germany they would get long term backing from the banks which would give them the stable financial platform that they need. Quarterly reporting to the stock market who just expect every quarter to be better than the last is not going to be an easy ride.
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Joined: May 2012
Posts: 1,521 Likes: 61
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: May 2012
Posts: 1,521 Likes: 61 |
Aston Martin are reportedly intending to manufacture submarines as well as cars. Raising capital for a sinking fund no doubt
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Joined: Mar 2009
Posts: 11,535 Likes: 321
Smile, it confuses them Member of the Inner Circle
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Smile, it confuses them Member of the Inner Circle
Joined: Mar 2009
Posts: 11,535 Likes: 321 |
Well they are owned by the Italian private equity company Investindustrial. http://www.investindustrial.com/Given the Italian market knowledge of high value products they could see what they had in brand equity there. I would say it had been improving but still underperforming relative to the market opportunity for some time. They put money in and set the foundations for the next stage in Aston's fractured journey. I don't see this as a bad thing. An IPO is just another funding moment but from a different pool.
Everyone loves a Morgan. Even me, unless it's broken again.
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
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Aston Martin are reportedly intending to manufacture submarines My daughter did some work on a bond for Aston Martin once when she was on an internship in a firm specializing in sub investment grade debt. At last I know I now understand what this means.
Giles. Mogless in Paris.
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