Aston Martin shares

50Twuncle

Do you fancy owning a bit of James Bonds favourite vehicles ?
https://www.hl.co.uk/free-guides/aston-martin-ipo-alerts?SQ_DESIGN_NAME=ppc&theSource=SXTA9&utm_source=twitter&utm_medium=social-paid&utm_campaign=SXTA9-AstonMartinIPO-LCBLaL-Desktop-Be-Car-NC&Override=1

System

No, thanks!
Look at the history of Aston Martin:
https://en.wikipedia.org/wiki/Aston_Martin

50Twuncle

Economic wrote: »

No, thanks!
Look at the history of Aston Martin:
https://en.wikipedia.org/wiki/Aston_Martin

Don't you want to invest in a submarine or monster truck then ?

dividendhero

Turnover of £870m, profits of £16m .. and a valuation of £5bn No way, wouldn't touch Aston Martin with a bargepole

Wouldn't buy one of their cars either - if I was in market for a fast car I'd go for a Nissan GT-R over any Aston Martin

dunstonh

Aston Martin.... You could get £1 million back from Aston Martin.... if you invested £2 million in them.

I would have one of their cars though. Well, would have done. I am past my mid life crisis now!

Alistair31

Ridiculous valuation. No thanks.

bowlhead99

I like the cars but have no compelling reason to buy over its rivals.

Stick to investing in diversified investment funds if you are not a valuation expert/ automotive investment specialist. You can bet that the people who know the business the best (its current owners) have discussed it in great detail with *their* professional valuation experts, and they reckon that would be a great price (as a seller) to exit part or all of the business and give it to someone else.

Of course, we all have our own investment objectives so the fact a business is for sale does not mean it's a bad business, but if you're on the buy side you have to know why the buy side is so compelling in this instance and at this price. The typical MSE user does not, and shouldn't invest.

OldMusicGuy

No way. You should've invested in classic Astons about 10 to 20 years ago......

dividendhero

Ringing alarm bells that they're planning to double production.

Volume car makers can ramp up production pretty quick, you can pretty much go to local job centre and get the staff you need. Specialist staff are a different ball game, for example the engines on Aston Martins are hand built - you don't want any Tom, !!!! or Harry doing this. If their reputation starts to suffer it could be very bad news for them.

le_loup

Aw! I think you underestimate the abilities of !!!!. He's very trainable.

dividendhero

le_loup wrote: »

Aw! I think you underestimate the abilities of !!!!. He's very trainable.

The censors don't let you use the word d i ck