Fasten your seat belt! Why I think the Aston Martin share price could go downhill from here

first_img Ellen Leung | Thursday, 4th June, 2020 | More on: AML Simply click below to discover how you can take advantage of this. It has been a roller-coaster ride for the Aston Martin Lagonda (LSE: AML) share price. The company has been publicly listed since October 2018 – and the share price has been going down since then. So this is not purely a coronavirus-impacted collapse. And here is why I think its share price could continue to go downhill from here.The Aston Martin share price could plummet without proven leadershipThe departure of CEO Andy Palmer indicates the long-time failing leadership within the company, in my opinion. Even with the incoming CEO Tobias Moers from Mercedes, I don’t see a quick turnaround for a company that is slowly losing its brand appeal. Major shareholder Investindustrial Advisors Ltd also cut its stake in the company by nearly 5% to 14.99%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…On top of the Covid-19 crisis, the company was already suffering from the effect of the US-China trade war, with demand slumping from wealthy Chinese customers in 2019. The global automotive industry has undergone a tough year.Murky earnings outlookAston Martin last month posted a big first-quarter loss after sales dropped by almost a third due to the impact of the coronavirus outbreak. The company has been experiencing a negative net profit in the last two years. With the ongoing impact of coronavirus and no end in sight, I would not bet on a near-term revenue increase, let alone earnings.Additionally, a healthy balance sheet is more important than ever in this uncertain time. Aston Martin’s debt level has increased by double digits year-over-year, which is very concerning. The cash-strapped company had to raise £536m to increase liquidity to fund its short-term working capital needs. The funding comes from Canadian billionaire Lawrence Stroll, who took a 25% stake in the company. Meanwhile, it is also raising proceeds of £317 million by issuing new shares. This will dilute existing shareholder value, which isn’t exactly great.My verdictThe stock might look very cheap on the surface to some. But when looking closely at its limited revenue growth with slumping global sales, especially in China, I don’t see the company having a very bright future ahead.It is clear that Aston Martin had problems before the Covid-19 crisis, and that’s why its share price was hit so hard amid the pandemic-related sell-off. I think it is fair to say car manufacturers like Aston Martin will take a lot longer to recover, if it recovers at all. Therefore, I will stay away from the stock. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Ellen Leung has no position in any of the shares mentioned in this article. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Fasten your seat belt! Why I think the Aston Martin share price could go downhill from here Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 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NRA turn blind eye to County Limerick ‘deathtrap’

first_imgWhatsApp Decision to enter Phase 4 of reopening Ireland deferred to August 10 NewsLocal NewsNRA turn blind eye to County Limerick ‘deathtrap’By Alan Jacques – September 11, 2015 599 TAGSCllr Emmett O’BrienCllr Kevin SheahanCllr Stephen KearyCllr Tom NevilleFianna FáilFine GaelKilcornanKilcornan National SchoollimerickLimerick City and County CouncilN69National Roads Authority (NRA) Top Fianna Fáil councillor will reject Green coalition deal Fianna Fáil TD Niall Collins appointed as Minister of State Linkedin Print Cllr Kevin Sheahanby Alan [email protected] up for the weekly Limerick Post newsletter Sign Up Cllr Kevin Sheahan“IT is only a matter of time before someone is killed” one local councillor suggested during a meeting to discuss much-needed road safety and traffic calming issues along the N69 in the parish of Kilcornan.Residents are calling for traffic lights and other traffic calming measures to urgently address concerns over public safety in the vicinity of a West Limerick primary school.Askeaton-based Kevin Sheahan told a deputation of concerned parents at Kilcornan Community Hall this Tuesday that calls to the National Roads Authority (NRA) for safety measures have continually fallen on deaf ears. He described the stretch of road at the entrance to Kilcornan National School as “treacherous” before raising concerns about children’s safety due to the lack of public footpath in the area.“We have never gotten anywhere with the NRA. We have tried everything but have no authority of our own to implement safety measures. This is a national roads issue,” Cllr Sheahan pointed out.“Even if we won the Lotto tonight we would need the NRA’s authorisation. Road safety in Kilcornan has been a bone of contention for a long time. The road is a deathtrap,” he added.Independent councillor Emmett O’Brien also raised major concerns about the lack of lighting and traffic calming measures in the vicinity of the primary school and community hall, which is located beside Curraghchase Forest Park.“This is a great facility. What we can do we will do for the people of Kilcornan,” Cllr O’Brien promised.Fine Gael councillor Tom Neville echoed the sentiments of his fellow councillors and told members of Kilcornan Community Council that they had been “flogging a dead horse” in their dealings with the NRA.“They are not forthcoming,” he said.Cllr Stephen Keary expressed his disappointment with the NRA and said the people of Kilcornan were at a “huge disadvantage from a traffic safety point of view”.“The infrastructure is not adequate and it’s a huge public safety risk. Nothing has been done.”Limerick City and County Council’s Operations manager for the South and West Divisions, Brian Kennedy told council members that the NRA are aware of the issues in Kilcornan and don’t consider it a priority. Advertisementcenter_img Limerick TD says GLAS payments welcome but ‘much more action’ needed to support Agri-sector RELATED ARTICLESMORE FROM AUTHOR Priority is to have a decent society with decent public services Facebook Previous articleMayor welcomes international students to LITNext articleNew role for former Chamber boss Alan Jacqueshttp://www.limerickpost.ie Email Twitter Councillors told to look at bigger picturelast_img read more

Bustin’ For Badges

first_img WhatsApp Pinterest By Odessa American – April 4, 2021 WhatsApp Local News Previous articleSpring cleanupNext articleLETTER TO THE EDITOR: Chris Stanley will help ECISD succeed Odessa American Bustin’ for Badges has scheduled the eighth annual Clay Shoot Fundraiser April 15-16 at Windwalker Farms Sporting Clays, 2551 County Road C2801, Stanton.This event benefits local law enforcement (Odessa Police Department, Midland PD, Ector County Sheriff’s Office and Midland CSO) and helps pay for much needed equipment.Raffle tickets are currently available for a Polaris Ranger 500 ($9,500 value), a Bergara Premier 6.5 Creedmoor Series Rifle ($1,650 value), and a Primo Oval LG 300 Ceramic Charcoal Grill ($1,160 value).The raffle tickets are $20 each or six tickets for $100.The raffle tickets can be purchased by dropping by the OPD front desk, 205 N. Grant Ave., during regular business hours or by calling 432-335-3322.To register or for more information, visit bustinforbadges.org or call 432-571-3462. Bustin’ For Badges Facebook Facebook Twitter Twitter Pinterestlast_img read more

Portillo’s launching new delivery service, hiring drivers

first_imgIndianaLocalMichiganNews Portillo’s launching new delivery service, hiring drivers (“Portillo’s” by Kara, CC BY-ND 2.0) If you’re looking for a job, Portillo’s is hiring.The restaurant, known for its Chicago-style hot dogs, is expanding its services to include delivery. ABC 57 News reports Portillo’s plans to hire several drivers for each of its 62 restaurants nationwide.Those interested in applying must be at least 18 years old, have a vehicle and a driver’s license, and must show proof of insurance. Drivers will be cross-trained to work inside the restaurant as well.Portillos plans to deliver orders from their website or app, and the new delivery service will offer incentives, such as discounts or a rewards program.For more information, and to apply, click here. Twitter WhatsApp By Brooklyne Beatty – July 21, 2020 0 471 TAGSChicagodeliverydrivershiringportillo’s Twitter Pinterestcenter_img Facebook Previous articleNew 2020-21 school year plan proposed for South Bend Community SchoolsNext articleOne dead after crash involving moped in Elkhart Monday Brooklyne Beatty Google+ Facebook Pinterest WhatsApp Google+last_img read more

Wayne R. Masters, 82

first_imgWayne R. Masters, 82, Greensburg, passed away on Sunday, May 24, 2020 at the Columbus Regional Hospital in Columbus, Indiana.  Born, February 23, 1938 in Carter County, Kentucky, he was the son of Bert Voyance and Zola Mae (Hamilton) Masters.  Wayne graduated from Fleming County High School in Kentucky.  He then served in the US Army.  He was the Superintendent of the water department for the City of Greensburg for many years and then worked for Rural Water until his retirement. He was married to Elizabeth Joan Abrams on July 3, 2001 and she preceded him in death on January 15, 2017. He is survived by one daughter, Tonya (Michael) Burgess, Iron Mountain, MI; sister, Fay Egan, Knightstown; grandson, Thomas Michael Dudley, Joliet, IL. He was preceded in death by his parents, wife; and three brothers. Private graveside services will be held at Rossburg Cemetery in New Point.  Porter-Oliger-Pearson Funeral Home has been entrusted with the arrangements. In lieu of flowers memorials may be made to the Veterans Association. Online condolences can be made to the family at www.popfuneralhome.comlast_img read more