Thank you for the summary. I couldn’t attend the call. It’s always better to ear the people in the call instead of the news. The news only focus on the bad parts and not the full picture. The situation is not ideal, but there is hope. If they get the funding, focus on the production and over deliver on what they have promised they might get a chance of survival (survival rhythms with Arrival).
Hyundai produce vans but in a limited market. UPS are too far in to throw in the towel easily. Maybe they’ll approach Hyundai to broker a buyout deal together to continue building vans under a different name
1 Like
At only $100m equity value, there’s really a lot of potential buyers. Arrival were exploring some really interesting tech, namely their composite materials and modular components. They had hundreds of devs, I’m sure they came up with something valuable software-wise. Actually, Citroen just announced a concept with composite cardboard panels and replaceable modular parts so this is something the industry is moving towards.
Normally company takeovers not happen with stock market valuation.
What is OTC?
1 Like
Fallen Billionaire Down 98% Boosts Stock Sales at Risky Moment (msn.com)
Original article from Bloomberg but paywalled: Investment Firm Kinetik Boosts Stock Sales in Electric Car Maker Arrival - Bloomberg
What is your take on this? Boost the share price or any other play?
1 Like
I’m bailing out, let’s face it - they are likely heading for bankruptcy. Debt, rising interest rates and no production in sight.
There are other EV companies starting production, Fisker for instance.
Best wishes to all you who are holding out.
Edit - for context I’ve lost <£400 on Arrival stocks
5 Likes
Sold today at 34¢/share.
Only had 10 so it’s not the worst thing.
Also I had them on another platform, I bought them with free money they gave me.
Did what I had to do
2 Likes
Funny that Nio & Tesla we’re both going to go bankrupt once 
3 Likes
Only £400. I lost so far £10k . As i hold 2961 shares…terrible !
6 Likes
Ouch. Same here, my friend. I’m bearish at this point, but with Denis stepping aside and Avinash resigning today, hoping the new interim CEO will be able to help securing funding…
4 Likes
I only invested £100 and I’m now down £80, so I take the view that it’s worth just holding out, nothing really to gain from cashing in my £20 now, I would rather take my chances.
7 Likes
Same with me, lost around £600 and have £16 in value. Average price per share £10 
I am holding to see what happens, but I pretty much consider a total loss. My first big loss until now, even if not yet materialised.
On the bright side, I have definitely learned something from it.
7 Likes
Yep. Down a lot too. £5-6k. Have around 6000 shares. Just going to sit (pray) and see it pan out.
I wonder if the moves at the top of the business has anything to do with possible funding opportunities. One can only hope 
5 Likes
At -87%. Personally see no point in selling now, writing off 1500£. Anyway I’m more sad about the company failing than loosing money. It was sort of a pet stock for me, I just really liked the company and wished it would succeed.
6 Likes
Don’t lose all hope. There is still hope. Though, at present. Only a (fools) small hope. There is a lot of differing headwinds that are negatively impacting this business. Let’s see how the market/sentiment reacts to the recent developments at the top end of the business. Like you. I see no point in selling and firming in my losses. I’m prepared to see this through to whatever end. But that’s just my choice/decision. Everyone needs to do what is right by themselves.
For now. I will hold. Definitely not investing further at this time. Even though I could average down quite a lot at these current prices. In current climate. It just feels like I’d be throwing my hard earned money literally down the drain.
If this changes in the future. Then I may start to topping up.
Going to be an interesting 3-6 months.
3 Likes
Down about £1k, holding 1k shares.
Still hoping they get their game face on and smash it out the park.
3 Likes
Down about £1.1k not point in selling £77
I’ve worked out about 5 good night in Manchester is what I’ve lost 
Not happy with loss but what can you do?
Remember when it was $22 and had $5-$10 profit per share
Didn’t have high amount of shares or profit but profit is a profit remember that 
5 Likes
If this company gets sold off before delisting, what happens to the shares we own and is it based on their current market value or some other value?