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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
Thanks, always a fun read. 🥂
And thank your for this part, some members here still think Aston and the F1 team are one and the same...
In the March Earning Call, Stroll finally admitted that the Aston Martin Aramco Cognizant Formula One Team (AMF1) was a “partnership” with AML and is not a AML’s “Works” F1 Team.
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
spudgun:Thanks, always a fun read. 🥂
And thank your for this part, some members here still think Aston and the F1 team are one and the same...
In the March Earning Call, Stroll finally admitted that the Aston Martin Aramco Cognizant Formula One Team (AMF1) was a “partnership” with AML and is not a AML’s “Works” F1 Team.
Much appreciated
Nov 6, 2023 3:27:16 PM
- CGX car nut
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
SSO, another stimulating and informative analysis.
It's interesting that the Valkyrie production has increased Q3 revenues as we have previously discussed, this project is of dubious merit to AM in the near and longterm. The company has entered a coffin corner where its lack of cashflow and limited debt taking capabilities are impairing future product development, which is needed to help stabilize the company. Retreaded existing models won't bring in new customers compared with its near peers, Ferrari and Lamborghini.
The failure of the DBX is a bit surprising given the growth in SUV and crossover vehicles across all market segments. Porsche, Lamborghini, and now Ferrari, have proved that there exists a significant market globally for these types of vehicles. I recall years ago when the former CEO of MillerCoors told me you don't have to be smart to sell beer. However, the recent Bud Light marketing debacle disproved Kiely's axiom. Similarly, Aston Martin proved that luxury SUVs aren't always a market success story.
CGX
Nov 6, 2023 5:54:24 PM
- Enmanuel
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
Great piece as always, informative and entertaining. The most interesting part to me is how much effort they put into recycling the numbers, moving the targets, and updating the same outdated platforms over and over again. The mismanagement is so transparent that it's hard to understand how they are able to keep attracting money from investors.
Nov 6, 2023 6:12:35 PM
- CGX car nut
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
Enmanuel:Great piece as always, informative and entertaining. The most interesting part to me is how much effort they put into recycling the numbers, moving the targets, and updating the same outdated platforms over and over again. The mismanagement is so transparent that it's hard to understand how they are able to keep attracting money from investors.
Strange thing. Even so-called sophisticated investors make decisions based on emotions, not the mind.
Nov 6, 2023 8:54:25 PM
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SSO.
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
CGX car nut:Enmanuel:Great piece as always, informative and entertaining. The most interesting part to me is how much effort they put into recycling the numbers, moving the targets, and updating the same outdated platforms over and over again. The mismanagement is so transparent that it's hard to understand how they are able to keep attracting money from investors.
Strange thing. Even so-called sophisticated investors make decisions based on emotions, not the mind.
One thing I have to give Stroll.....he's good at raising money.
Nov 6, 2023 10:09:01 PM
- CGX car nut
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
SSO.:CGX car nut:Enmanuel:Great piece as always, informative and entertaining. The most interesting part to me is how much effort they put into recycling the numbers, moving the targets, and updating the same outdated platforms over and over again. The mismanagement is so transparent that it's hard to understand how they are able to keep attracting money from investors.
Strange thing. Even so-called sophisticated investors make decisions based on emotions, not the mind.
One thing I have to give Stroll.....he's good at raising money.
For every million dollars invested, one gets the choice of either a free Tommy Hilfiger shirt or Michael Kors handbag.
Nov 7, 2023 12:53:06 AM
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Re: Aston Martin's Q3 2023 Results: The Turtle's on Fire
CGX car nut:SSO.:CGX car nut:Enmanuel:Great piece as always, informative and entertaining. The most interesting part to me is how much effort they put into recycling the numbers, moving the targets, and updating the same outdated platforms over and over again. The mismanagement is so transparent that it's hard to understand how they are able to keep attracting money from investors.
Strange thing. Even so-called sophisticated investors make decisions based on emotions, not the mind.
One thing I have to give Stroll.....he's good at raising money.
For every million dollars invested, one gets the choice of either a free Tommy Hilfiger shirt or Michael Kors handbag.
That made me laugh. 
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