Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 28, 2019 13:01:38 GMT
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 28, 2019 13:41:21 GMT
"........Oath needs permission to access your computer and share your data". Not a chance. From the yahoo link above.
|
|
|
|
Post by Tim on Feb 28, 2019 13:48:07 GMT
They're down something like 9% today.
|
|
|
|
Post by Big Blue on Feb 28, 2019 13:59:41 GMT
They're down something like 9% today. In some cases the value of shares can go down as well as catastrophically down.... |
|
|
|
Post by Martin on Feb 28, 2019 14:26:38 GMT
They're down something like 9% today. In some cases the value of shares can go down as well as catastrophically down.... Indeed and if an exchange rate is involved they can go down when they go up! Or in my case, a long way down when they’re slightly down. It’s all about playing the long game.... |
|
|
|
Post by Tim on Feb 28, 2019 15:07:15 GMT
I've read a bit more about this and the reason the shares have fallen is because Aston reported a £68M loss for 2018. However, the costs of the share flotation were £136M so actually under normal circumstances it made a better profit than the previous year. This idea of share values falling appears to be confusing some of the fee earners at my work, it's going to impact their bonus for the current year but, obviously, as financial services people they DESERVE a bonus for turning up to work  No doubt when share values jump up dramatically they'll voluntarily give up some of the bonus since the enhanced profits will be because of external factors rather than them. |
|
|
|
Post by johnc on Feb 28, 2019 17:17:21 GMT
This idea of share values falling appears to be confusing some of the fee earners at my work, it's going to impact their bonus for the current year but, obviously, as financial services people they DESERVE a bonus for turning up to work No doubt when share values jump up dramatically they'll voluntarily give up some of the bonus since the enhanced profits will be because of external factors rather than them. This is the very reason there should be a statutory limit on bonuses. The banking and FS industries will forever be warped, twisted and self interested for as long as there are bonuses of monumental (life changing) proportion being handed out. |
|
|
|
Post by Tim on Mar 1, 2019 10:07:50 GMT
It didn't help some of my colleagues case last year when a couple of times I was standing making a coffee and they started moaning to me about the disappointing size of their bonus. I think they got the message that I'm not sympathetic but this year will tell. We've spent a lot of time trying to devise a bonus structure that has decent incentives for them but also a sensible limit (sensible to these people means an ultimate limit of about 150% of salary!). Due to the stock market activities over the last 6 months or so they're in line for pretty much nothing...... So they'll get as much as the support staff, without whom they couldn't do their job  |
|
|
|
Post by Tim on Dec 5, 2019 11:43:22 GMT
Taken from the BBC website:-
Billionaire Lawrence Stroll is preparing a bid to buy a major stake in Aston Martin.
That's according to Autocar which says it has been inolved in a joint investigation with RaceFans.net.
Its report says that Mr Stroll is father of Formula 1 driver Lance and owner of the Racing Point F1 team and iestimated to be worth in excess of £2bn, having made his money investing and building up brands including Pierre Cardin, Ralph Lauren, Tommy Hilfiger, Asprey and Garrard.
The shares have jumped 7% after that report to 540p but remain well below the £19 at which they were floated on the stock market last year.
Lawrence Stroll declined to comment when contacted by RaceFans.net.
Contacted by Autocar, Aston Martin also made no comment.
|
|
|
|
Post by johnc on Dec 5, 2019 13:22:31 GMT
I wouldn't have thought that £2bn was anywhere near enough to run an F1 team let alone a major car manufacturer.
Is he aiming on leaving Lance nothing?
|
|
|
|
Post by Tim on Dec 5, 2019 13:43:10 GMT
Maybe Lance will inherit a warehouse full of unsold Astons?
I did wonder about the $2bn. Presumably there are additional backers.
|
|
|
|
Post by ChrisM on Dec 5, 2019 15:42:42 GMT
I wouldn't have thought that £2bn was anywhere near enough to run an F1 team let alone a major car manufacturer. Is he aiming on leaving Lance nothing? Wasn't there a quote a while ago along the lines of "How to become a Millionaire by running an F1 team...... start off by being a Billionaire" ? |
|
|
|
Post by Tim on Dec 5, 2019 16:41:17 GMT
I think Bernie said something along those lines but I can't find what the exact quote was.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 5, 2019 17:26:21 GMT
I think it goes, "How do you make a small fortune in motorsports?, start off with a big fortune".
|
|
|
|
Post by Bob Sacamano v2.0 on Dec 6, 2019 12:10:49 GMT
I wouldn't have thought that £2bn was anywhere near enough to run an F1 team let alone a major car manufacturer. Is he aiming on leaving Lance nothing? Wasn't there a quote a while ago along the lines of "How to become a Millionaire by running an F1 team...... start off by being a Billionaire" ? I think it was Richard Branson who said if you want to become a millionaire, start with a billion dollars and launch an airline. It's also been applied to football - become a millionaire by being a billionaire and buying a football club. Despite having the shortbread I am not a millionaire. |
|
|
|
Post by ChrisM on Dec 6, 2019 12:14:03 GMT
I do find it quite amusing that someone called "Stroll" wants to buy A-M.... a name like "Running" or "Speed" would be far more appropriate
|
|
|
|
Post by PetrolEd on Dec 6, 2019 13:21:43 GMT
I see Stroll and AM as a very good fit especially as selling cars is all about brand.
|
|
