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Aston Martin Lagonda – it is always jam tomorrow, surely still a short, losses running at £17.65 a second

By Tom Winnifrith | Wednesday 1 May 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


How many times, over the years, has this company gone bust? I lose count. But at some stage surely folks should just say that a business model of selling not enough luxury cars to cover your costs and burning cash like it is going out of style is just bonkers. But I suppose that is how most big soccer clubs operate and when one owner runs out of dirty money another one comes along to shovel is cash into the furnace. Maybe Aston Martin Lagonda (AML) is a brand like Newcastle United and so normal maths do not matter. Today’s quarterlies are grim. Truly grim.
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