Share Name Share Symbol Market Type Share ISIN Share Description
Ashtead Grp. LSE:AHT London Ordinary Share GB0000536739 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +32.00p +2.08% 1,572.00p 1,571.00p 1,573.00p 1,592.00p 1,567.00p 1,577.00p 281,982.00 08:08:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2,260.3 616.7 81.3 19.3 7,847.83

Ashtead Group Share Discussion Threads

Showing 54076 to 54097 of 54100 messages
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DateSubjectAuthorDiscuss
06/12/2016
08:01
'AHEAD OF OUR EXPECTATIONS' Ashtead profits up Ashtead Group reports a a strong first half results with underlying operating profits up 9% at �474.4m. On a statutory basis, revenues were up 8% at �1,551.7m and pre-tax profits rose by 9% to �413.3m. Highlights - Group rental revenue up 13%1 - First half underlying pre-tax profit2 of �426m, up 9% at constant exchange rates - Group EBITDA margins at a record 49% (2015: 47%) - Group RoI of 18% (2015: 19%) - Net debt to EBITDA leverage of 1.8 times (2015: 1.9 times) - Interim dividend raised 19% to 4.75p per share (2015: 4.0p) Chief executive Geoff Drabble said: "The Group delivered a strong quarter with reported rental revenue increasing 28% (13% at constant exchange rates) for the six months and underlying pre-tax profit of �426m. The underlying performance of the business continues to benefit from a clear and consistent strategy of organic growth supplemented by bolt-on acquisitions. In the six months, the reported results were positively impacted by weaker sterling (�53m) but this was partially offset by the impact of lower gains on fleet disposals (�14m) as we reduced our replacement capital expenditure. "I am pleased with the continued improvement in our margins - Group EBITDA margin is now a record 49% (2015: 47%). These healthy margins and our strong balance sheet provide flexibility to continue to invest in our long-term structural growth opportunity and enhance returns to shareholders. "We continue to grow responsibly, adhering to the capital allocation priorities we have outlined. We have therefore invested �683m by way of capital expenditure and a further �142m on bolt-on acquisitions. With the continuing opportunity for profitable growth, we have increased our full year capital expenditure guidance. In addition, we spent �48m under the share buyback programme and increased the interim dividend by 19%. All of this was achieved whilst maintaining leverage well within our stated range of 1.5 to 2.0 times net debt to EBITDA. "Both divisions continue to perform at the upper end of expectations. This, together with the benefit of significantly weaker sterling, means we expect full year results to be ahead of our expectations and the Board continues to look to the medium term with confidence."
3rd eye
06/12/2016
07:08
Strong enough to maintain the momentum? The Group delivered a strong quarter with reported rental revenue increasing 28% (13% at constant exchange rates) for the six months and underlying pre-tax profit of GBP426m. The underlying performance of the business continues to benefit from a clear and consistent strategy of organic growth supplemented by bolt-on acquisitions. In the six months, the reported results were positively impacted by weaker sterling (GBP53m) but this was partially offset by the impact of lower gains on fleet disposals (GBP14m) as we reduced our replacement capital expenditure. I am pleased with the continued improvement in our margins - Group EBITDA margin is now a record 49% (2015: 47%). These healthy margins and our strong balance sheet provide flexibility to continue to invest in our long-term structural growth opportunity and enhance returns to shareholders. We continue to grow responsibly, adhering to the capital allocation priorities we have outlined. We have therefore invested GBP683m by way of capital expenditure and a further GBP142m on bolt-on acquisitions. With the continuing opportunity for profitable growth, we have increased our full year capital expenditure guidance. In addition, we spent GBP48m under the share buyback programme and increased the interim dividend by 19%. All of this was achieved whilst maintaining leverage well within our stated range of 1.5 to 2.0 times net debt to EBITDA. Both divisions continue to perform at the upper end of expectations. This, together with the benefit of significantly weaker sterling, means we expect full year results to be ahead of our expectations and the Board continues to look to the medium term with confidence
broadwood
02/12/2016
17:55
ian "not an easy one to predict!" ============================= True. £ rising against $ perhaps may affect.
bracke
02/12/2016
16:50
Hi bracke, Interesting week when you look back - in round terms, opened around 1500, dropped to 1475, soared to 1575, and finished at 1540 .... not an easy one to predict! I wish you well with your trades, although I am a committed long, there is plenty of room for all of us! Have a great weekend all!
ianwwwhite
02/12/2016
16:28
Good day ian 'Aged P' provides beer money for multiple services rendered. I suspect no more shorts until the 6th or after. As you mention what would suit is a spike which I could short but AHT likes to be contrarian. I may close a couple of trades which were taken at a lower level.
bracke
02/12/2016
16:11
bracke I've just returned from lunch to find we are now conversing in riddles! Thankfully, through the miracle of t'internet I am now back with you. I do hope your visit to 'aged p' was not with a view to obtaining an advance on you allowance, to support more short selling of AHT! AHT price looks pretty range bound at the moment, perhaps the results announcement next week will provide more opportunities?
ianwwwhite
02/12/2016
15:52
Been to see the 'aged p' and return to find....no posts and tepid water. Someone forgot to put a £1 in the meter? The share price is being defiant and refusing to test 1500, this is taking the mickey. I know it's laughing at me. I suspect it is holding until the 6th so that it can spike up and frighten the living daylights out of me. Such is the trading life.
bracke
01/12/2016
13:25
LOL thats a president elect don't you know, bearing in mind the new snoopers charter shouldn't you be more careful?
fenners66
01/12/2016
12:49
Not beyond the realms of possibility, look at early summer this year. I think our current market is inflated with hot air from Trump... that came out wrong. Normal service will resume in the near future im sure.
clarky5150
01/12/2016
12:29
Good day clarky "There will be a pull back and hopefully for me a filling of that large uri gap." ================================================================================= That gap was from 76. If AHT was to follow suit it would drop back to 1230. That is approx 25% fall from yesterdays close.
bracke
01/12/2016
11:28
Good day fenners Can't you use your bus pass? Good day ali All AHT and no aberration makes some rich and others poor. As one who is currently short I might be considered biased in my analysis. For what it's worth my thoughts based on the price action are: 1 A retrace to 1500 to test support. This is also the first fib down on my chart and the Upper Parallel on my original Pitchfork so support is a high probability. 2 Brokers and 1700. As usual they give no timescale and I don't know. May get an indication following the retrace. 3 2nd qtr results. Spike or no spike. Normally a spike but in the current market who knows. Much of the rise appears to be based on Mr Trumps electioneering statement that he would spend on US infrastructure. If that occurs then 1700 and infinity, if it doesn't then maybe not. If I was a buyer; and I may be; I would wait for a test of 1500 but then my record with AHT is not good so I would treat my view with caution.
bracke
01/12/2016
10:21
what's this about shorting and shopping at harrods - come on bracke- lets focus on aht as a good investable company -2 brokers gave a tp of 1700- i am minded to add - what do you think?
ali47fish
01/12/2016
08:15
Bracke - Shopping at Harrods ! No I can't afford the bus fare!
fenners66
01/12/2016
07:32
Definately a good short opportunity coming up..before or after AhT results ? decisions decisions !!
lairddavid
30/11/2016
22:38
Averaged down on both my aht and uri shorts again today. Feeling the pain but even though I have been a staunch follower of aht for years and laughed at by some on here when in the summer I said we would be above 12 again by xmas I feel a doubling of the price to today's level is a step too far. There will be a pull back and hopefully for me a filling of that large uri gap. That being the case I will go long with conviction.
clarky5150
30/11/2016
18:58
Marks and Sparks (this time)
lairddavid
30/11/2016
18:57
Waitrose for kilgallp. I merely aspire to such lofty retailing opportunities. I have attempted to obtain a licence to shop at Waitrose but I do not fulfil their required shopper profile. fenners I imagine with your long term holding it will only be Harrods for you.
bracke
30/11/2016
18:40
URI still heading higher. No Lidl for Laird - I'm guessing - our successful elite Guru !
fenners66
30/11/2016
17:45
kilgallp Come On!! You've still got 75% left. Your problem now is when do you sell the 75%. Is to-days rise in lieu of a spike on results day or will there be another and when will a retrace occur.
bracke
30/11/2016
16:16
I suppose I should be pleased I only did the quarter!
kilgallp
30/11/2016
16:15
Bracke, no I don't believe in shorting. However I was expecting a retrace so sold a quarter of my holding on Friday. I planned to buy them back after the retrace, doh!
kilgallp
30/11/2016
16:05
"Thanks Bracke, thats good news; for those of us who aren't short." =================================================================== OK fenners no need to rub it in....unless it'a soothing balm. LAIRD You've got to stop this continual profiteering! kilgallp You'r not short are you?
bracke
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