|4th February 2020, 09:47||#1|
Join Date: Apr 2019
Thanked: 498 Times
Aston Martin bailed out by Lawrence Stroll
Lawrence Stroll, the part owner of F1's Racing Point, has led a team of investors to bail out the iconic Aston Martin brand.
|1st August 2020, 07:36||#2|
Distinguished - BHPian
Join Date: Apr 2011
Thanked: 7,024 Times
Is Aston Martin moving towards shut down?
Aston Martin has suffered £277 million losses in first half of 2020 leading to manpower curtailment and other measures.
|1st August 2020, 07:44||#3|
Join Date: Mar 2020
Location: North India
Thanked: 1,849 Times
Re: Is Aston Martin moving towards shut down?
The first thing I would cut if I were in a 277 million loss is motorsport expenditure. But they're all set to buy/launch a new F1 team next year.
|1st August 2020, 08:58||#4|
Join Date: Feb 2004
Thanked: 22,195 Times
Re: Aston Martin bailed out by Lawrence Stroll
I seriously wanted to buy AML stock but thank god I did not. When th price was low, I considered it, after doing my research, it is so badly rated, quality and momentum is at the bottom of the pile, only trait is value - rated as a sucker stock. An equivalent in India would be Bombay Dyeing
Last edited by ajmat : 2nd August 2020 at 19:21.