Anybody tempted?
It made a profit last year of £87m. On the back of that it is valued at £5bn. A yield of 1.7%, so it looks maybe a bit toppy.
Then realise that in 2016 it made a loss of £167m, the sixth consecutive year for making a loss.
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In the 60 years I have looked at cars Aston Martin has had many owners & gone bust at least once. Nobody made money - some owners lost a barrow load before selling on.
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Tempted? Not even with my nom d'auto!
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Perhaps if owning a share gets you a meaningful discount on a new one ;)
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Well, depending on the share price, it might be fun to buy one or two to say "I own Aston Martin" as I doubt I will ever be getting a real one.
TBH probably couldn't be bothered.
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Ford Motor co has market capitalisation of £30bn or so.
£5bn for AM?
Naw.
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