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    More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Aston Martin issued a profit warning on Friday and Autocar published an article saying Stroll is looking to replace Moers.  Latest blog covering these events is:

    https://karenable.com/aston-martin-trading-update-ceos-future-in-doubt/

    Thoughts? Moers, the Valkyrie, Stroll?

    P.S. Im not creative enough to even make this stuff up.......


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Looks like you've just repeated the Autocar piece which was a poor article IMHO. The profit warning wasn't really one at all, with £15m being booked next year rather than this year. No shortfall, just a timing difference.

    Aston shares closed 6.6% up following the announcement, go figure :)


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Ouch.......Smiley  but dont think Autocar touched on shipments vs. actual deliveries or the "year end cash balance"

    It is a profit warning, claiming it moves to the following year might be true but its now likely the same amount gets pushed from 2022 to 2023.  

     

     


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    This is going to be an interesting year for AM. They could really do with some positive press these days. The Valkyrie was such a promising project, but it seems that for all the lightweight approach, it's a real anchor on their current situation. 


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Enmanuel:

    This is going to be an interesting year for AM. They could really do with some positive press these days. The Valkyrie was such a promising project, but it seems that for all the lightweight approach, it's a real anchor on their current situation. 

    It was always a bit overly ambitious for Aston's resources.  As a first attempt at a mid engine car, they should have perhaps begun with something a bit less complex.  


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    SSO.:
    Enmanuel:

    This is going to be an interesting year for AM. They could really do with some positive press these days. The Valkyrie was such a promising project, but it seems that for all the lightweight approach, it's a real anchor on their current situation. 

    It was always a bit overly ambitious for Aston's resources.  As a first attempt at a mid engine car, they should have perhaps begun with something a bit less complex.  

    Yup. Again this is just me and my irrational love for company, but I keep holding out hope that they will work out the Valkyrie issues and that the car will actually be as great as promised. That would be the push they need right now. 


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Enmanuel:
    SSO.:
    Enmanuel:

    This is going to be an interesting year for AM. They could really do with some positive press these days. The Valkyrie was such a promising project, but it seems that for all the lightweight approach, it's a real anchor on their current situation. 

    It was always a bit overly ambitious for Aston's resources.  As a first attempt at a mid engine car, they should have perhaps begun with something a bit less complex.  

    Yup. Again this is just me and my irrational love for company, but I keep holding out hope that they will work out the Valkyrie issues and that the car will actually be as great as promised. That would be the push they need right now. 

     

    Hard to tell how it will eventually end but Newey has distanced himself from the whole mess.


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    GT3ZZZ:

    Looks like you've just repeated the Autocar piece which was a poor article IMHO. The profit warning wasn't really one at all, with £15m being booked next year rather than this year. No shortfall, just a timing difference.

    Aston shares closed 6.6% up following the announcement, go figure :)

    Sidenote: After losing about 50% of their value in the months prior to the announcement. Go figure :)


    --

    1988 Peugeot 205 Rallye / 2004 Porsche 996 GT3 RS  / 2018 Mercedes-AMG E63 S / 2020 Ferrari 812SF


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Porker:
    GT3ZZZ:

    Looks like you've just repeated the Autocar piece which was a poor article IMHO. The profit warning wasn't really one at all, with £15m being booked next year rather than this year. No shortfall, just a timing difference.

    Aston shares closed 6.6% up following the announcement, go figure :)

    Sidenote: After losing about 50% of their value in the months prior to the announcement. Go figure :)

     

    AML is quite thinly traded so a few big buy orders will move the price substantially.


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Valkyrie spotted in Munich

    https://www.motor1.com/news/561922/aston-martin-valkyrie-driving-video/


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    BONES:

    Valkyrie spotted in Munich

    https://www.motor1.com/news/561922/aston-martin-valkyrie-driving-video/

    Spotted and filmed by/for Aston Martin actually.  The video is posted in their Twitter feed.  Its a PR exercise.


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    SSO.:
    BONES:

    Valkyrie spotted in Munich

    https://www.motor1.com/news/561922/aston-martin-valkyrie-driving-video/

    Spotted and filmed by/for Aston Martin actually.  The video is posted in their Twitter feed.  Its a PR exercise.

    That's funny.  So have any customer cars been delivered yet?


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    BONES:
    SSO.:
    BONES:

    Valkyrie spotted in Munich

    https://www.motor1.com/news/561922/aston-martin-valkyrie-driving-video/

    Spotted and filmed by/for Aston Martin actually.  The video is posted in their Twitter feed.  Its a PR exercise.

    That's funny.  So have any customer cars been delivered yet?

    Aston claims they have. I'd wager IF they did, then it's been a symbolic delivery for the books with a few very well connected clients who don't mind accepting it in paper just to help out the brand while they sort out final production. I wouldn't be surprised if the concession came with some perks down the line. 


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Looks like a very well filmed video for a car-spotter!!

    aero is quite incredible on this. Guess the luggage compartment is the Aston DBX required to follow behind.


    Re: More Aston Martin Drama: Profit Warning & Moers on the Ropes

    Enmanuel:
    BONES:
    SSO.:
    BONES:

    Valkyrie spotted in Munich

    https://www.motor1.com/news/561922/aston-martin-valkyrie-driving-video/

    Spotted and filmed by/for Aston Martin actually.  The video is posted in their Twitter feed.  Its a PR exercise.

    That's funny.  So have any customer cars been delivered yet?

    Aston claims they have. I'd wager IF they did, then it's been a symbolic delivery for the books with a few very well connected clients who don't mind accepting it in paper just to help out the brand while they sort out final production. I wouldn't be surprised if the concession came with some perks down the line. 

    That would be my guess.  The car is even the same color as the VP development mules.  


     
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