TU-TESL

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It is widely believed that the sale of some shares may help boost the prospects of Aston Martin. British luxury carmaker Aston Martin confirmed in a statement to the stock exchange recently that it was in talks with potential investors. The statement said that the company confirmed that it was evaluating financing requirements and various financing options, and had preliminary discussions with potential strategic investors on establishing a "long-term relationship", which may or may not involve equity investment. "In due course, we will make further official statements to the outside world." Earlier, the Financial Times reported that Aston Martin had begun talks in recent weeks with Canadian billionaire Lawrence stroll, other automakers and potential investors from the Middle East, India and China. Laurence speed, the owner of formula one, is preparing to buy a majority stake in Aston Martin, according to the auto magazine last week. At present, he is estimated to be worth more than 2 billion pounds, investing in such brands as Pierre Cardin, Ralph Lauren, Asprey and Garrard, while the current market value of Aston Martin is only 1.27 billion pounds (equivalent to 1.63 billion US dollars). In addition, he is also famous for his collection of cars, the most famous of which is the collection of classics that are generally regarded as the most valuable in the world. So far, Lawrence speed has declined to comment. Considering that the merger of PSA and FCA is under way, and the trend of grouping, alliance and merger of automobile industry is more obvious under the "new four modernizations" trend, a spokesman for Aston Martin recently said that the brand does not need to belong to a larger automobile group, and will not consider capital merger with other manufacturers for the time being. However, since its launch in October 2018, Aston Martin's share price has fallen sharply due to lower than expected sales. From the current situation, losses have become the norm, and demand in Europe and Asia has also shown a downward trend. The annual wholesale sales of the brand will be lower than previously estimated. It is widely believed that the sale of some shares may help boost the prospects of Aston Martin. At the moment when the market value is lower than expected, it is believed that potential shareholders can reconstruct Aston Martin's brand and products through capital injection. In the next few years, through the follow-up efforts of new car DBX, etc., gradually bring the brand back to the normal cash flow and system strength. Previously, Aston Martin put his hopes on the DBX, the first model, and expected the sales volume of the new car to nearly double after its launch. At present, most of the company's shares are held by adeem / primewagon, which is headquartered in Kuwait, while the Italian strategic European Investment Group also holds about a third of the company's shares. At the same time, Daimler also owns 4% of the company and provides engines for the F1 race point owned by Lawrence speed. Aston Martin's share price is currently hovering between £ 5 and £ 6. Although it has recovered from the low of £ 4, it is far below the high of about £ 17. Earlier this year, as global demand for its products slowed, Aston Martin slashed sales forecasts and had to issue profit warnings. In the first six months of 2019, the company reported a loss of nearly £ 80 million.