Let's buy Aston Martin!
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Joined: Jan 2002
Posts: 1,145
From: San Jose, CA
Originally Posted by Sinful7' post='835198' date='Aug 31 2006, 02:26 PM
I got a grand I'll throw down. I call dibs on the first rotary-powered Vantage, though.
British made/wired chassis + Japan's most unreliable internal combustion engine = WIN!!!
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Joined: Apr 2002
Posts: 2,535
From: VA
Originally Posted by 1988RedT2' post='835167' date='Aug 31 2006, 12:48 PM
In all seriousness, I really don't think Aston Martin is worth more than $300 million. Lots of people out there that can pull that many nickels out of their sofa cushions.
Okay, I'm big enough to admit I made a mistake. That number was based on an assumed sales volume of around 2000 units. Turns out they sold like 4500 last year. So I'd be inclined to put the right price around $700 million. Some people are saying that it could be worth over a billion, but those people are obviously high.
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Joined: Mar 2005
Posts: 165
From: Loss Vaygus, NV
Originally Posted by teknics' post='835204' date='Aug 31 2006, 03:38 PM
it doesnt matter how much their cheapest car costs, it matters about the volume of cars sold.
last i checked it took some serious searching to find them, at least in america.
anywho, i think rob just got called old. i thought banzai was the only old one here>?
kevin.
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From: VA
Originally Posted by SilverSeven' post='835970' date='Sep 6 2006, 08:28 PM
There's an Aston shop about 10 blocks south of my house, you want me to stop in and pick one up for you? Save you the searching?
You can do the research that we need to put together a proposal. Go take one for a test drive. We want to know that we're buying a company that is turning out a good product. We will need a thorough assessment. Please provide the following data:
A) Overall impression of fit and finish.
B) 1/4-mile time. Be sure to do lots of burnouts since the factory tires will have way too much tread on them.
C) Top speed. Allow the salesman to get out at this point, particularly if he is a father. Choose an appropriate location, i.e. the parking lot at Wal-Mart.
D) Roadholding capability. Find tight exit ramps and see if you can triple the posted speed.
E) Babe-magnet factor. Do women start peeling their clothes off the minute they see you roll up?
Be sure to include pictures and video, if possible!
If at any time the salesman objects, inform him politely but firmly that you are representing a consortium of potential investors and that you are a fully-qualified professional conducting official business on their behalf.
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Posts: 2,535
From: VA
Now we need to outbid these guys! 1.25 Billion!!! Sheesh!
Report: 2 mull bid for Aston Martin
1 hour, 48 minutes ago
LONDON - Billionaires Bernard Arnault and Albert Frere are considering a bid for Aston Martin, the luxury automaker that Ford has put up for sale, the Financial Times reported Friday.
The two announced this week that they would form an investment fund of up to 1 billion euros ($1.25 billion) and that they are "looking at Aston Martin," the Financial Times quoted a person "close to the pair" as saying.
Aston Martin makes about 5,000 cars a year, which cost upward of $100,000 each. The company has its headquarters, research and production facilities in Gaydon, England.
Ford Motor Co. bought a controlling stake in Aston Martin in 1987 and acquired full ownership in 1994. But Ford recently announced that it was prepared to sell out as part of a broader restructuring of the struggling company.
Arnault's own fund, Groupe Arnault, and Frere's Compagnie Nationale a Portefeuille, said they planned to invest mainly in European companies.
Neither company had an immediate comment Friday.
Arnault is chairman, chief executive and controlling shareholder of luxury goods retailer LVMH Moet Hennessy Louis Vuitton SA; its brands include Louis Vuitton and Fendi.
Frere is chairman of Groupe Bruxelles Lambert, a Belgian investment company.
Report: 2 mull bid for Aston Martin
1 hour, 48 minutes ago
LONDON - Billionaires Bernard Arnault and Albert Frere are considering a bid for Aston Martin, the luxury automaker that Ford has put up for sale, the Financial Times reported Friday.
The two announced this week that they would form an investment fund of up to 1 billion euros ($1.25 billion) and that they are "looking at Aston Martin," the Financial Times quoted a person "close to the pair" as saying.
Aston Martin makes about 5,000 cars a year, which cost upward of $100,000 each. The company has its headquarters, research and production facilities in Gaydon, England.
Ford Motor Co. bought a controlling stake in Aston Martin in 1987 and acquired full ownership in 1994. But Ford recently announced that it was prepared to sell out as part of a broader restructuring of the struggling company.
Arnault's own fund, Groupe Arnault, and Frere's Compagnie Nationale a Portefeuille, said they planned to invest mainly in European companies.
Neither company had an immediate comment Friday.
Arnault is chairman, chief executive and controlling shareholder of luxury goods retailer LVMH Moet Hennessy Louis Vuitton SA; its brands include Louis Vuitton and Fendi.
Frere is chairman of Groupe Bruxelles Lambert, a Belgian investment company.