patrick_y[PuristSPro Moderator]
28046
I'm doing research on Aston Martin...
May 26, 2020,20:29 PM
I'm doing research on Aston Martin. The market cap on Aston Martin Lagonda right now is below 500 million Pounds. The value of the company is slightly higher than that.
The company also has a new investor who has committed to putting in $200M+ US Dollars into the company over a certain period of time supposedly.
The question here is, at what price is AML a good takeover target? Because at this rate, it is conceivable that the car company could be bought out.
Supposedly Daimler was interested at one point. Then later decided to be a technology partner with Aston Martin. Today they share engines, transmissions, electronics, security architecture, and more.
I don't have a thorough understanding of mergers and acquisitions between car companies. But I see the most amount of value in AML being taken over. It's not likely to happen, but at the current share price there might be some car company that's doing a feasibility study right now. Daimler and Geely are probably best positioned for a takeover right now. But nobody has the stomach to do a big cash expenditure in this unstable economic Coronavirus time.