Ashtead Share Discussion Threads

[2flatpack] 02/7/2015 08:41

200day SMA = small long
what still falling.
catch that falling knife
I should know better
well it is AHT.
AHT had its day????.
AS Ian said management, management, management.
Cheers

[bigboots] 02/7/2015 08:28

seeing read across selling from HSS and Speedy profit warnings - has AHT had its day ??

[bracke] 01/7/2015 17:52

ian

Yes I agree AHT Management have done well.

"well known trader"
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I hope he isn't one of those despicable types who 'shorts' AHT.

[ianwwwhite] 01/7/2015 17:22

bracke,

I agree about the different markets, but I think there is also a quality of management issue, we tend to take for granted AHTs ability to achieve superb results quarter after quarter, but SDY & URI would seem to indicate that it is more difficult than it looks..... long may it continue.

In the meantime sounds like a well known trader who posts regularly on this board has made a bit of a killing out of AHTs gyrations, well done if that is the case!

[bracke] 01/7/2015 16:57

ian

Something like 95% of AHT's earnings come from the USA. As far as I am aware none of SPD's do.

To-days up and down is all about the Greek Farce.

The volatility is excellent for day trading.......provided you get it correct but even if you get it incorrect odds are it will still give a good result.

[ianwwwhite] 01/7/2015 16:38

Whoops! Was it something I said?

Since posting the Speedy info, AHT after a decent start this morning seems to have taken a dive, back to par notwithstanding the recent upbeat results and forward statements.

URI is also down 3% at present.

Oh what a fickle market!

[ianwwwhite] 01/7/2015 14:31

Disappointing trading update from Speedy Hire today (-32.5%):
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Speedy, the UK's leading tools, equipment and plant hire services company, operating across the construction, infrastructure and industrial markets, today issues a trading update following a slower than expected start to the current financial year ending 31 March 2016 (FY2016).

A Board-initiated review identified the following factors which contributed to the poor revenue performance:

-- A lack of available equipment during the network optimisation programme
-- A focus on strategic accounts at the expense of SME customers
-- Poor customer service caused by disruption during the implementation of a new IT and MI system

Whilst core hire trading across strategic accounts remains strong, without an improvement in revenue trend, and ahead of any delivery of the remedial programmes, the result for FY2016 will be materially below the Board's expectations for FY2016 and the reported result for FY2015.
----------------------------------------------------------------

Although Speedy Hire and Ashtead are not directly comparable, this does underline the strength of Ashteads performance and management when you contrast their recent results.

[discodave4] 30/6/2015 08:47

Fair enough.GLDD

[james97] 30/6/2015 08:38

AHT reported figures up to April 15 but because URI had commented on a "soft May" Geoff Drabble was asked at anylsts briefing if AHT had seen a slow down. It was spelt out that trade was still strong up to mid June 15.

[discodave4] 29/6/2015 23:29

Unless I'm mistaken HSS had poor trading for their Q2, in particular months April and May. Not aware that AHT have reported on trade for May 15 yet?.DD

[james97] 29/6/2015 19:58

Can't see HSS trading statement having any relavence at all to AHT, particularly as AHT has already commented on the months in question.
AHT just down with the market which for some reason is still obsessed with Greece.

[2flatpack] 29/6/2015 09:00

200day SMA = small long.
Cheers

[rescuer] 26/6/2015 11:38

aye you are correct Bracke, so my good lady keeps reminding me.

good to see you still around :-)

glenn

[bracke] 26/6/2015 10:19

Good day rescuer

Nice to read from you again.

You do appear to have a penchant for the weak and sickly when it comes to share selection. Doing good works is one thing but you need to remember that charity begins at home.

[lairddavid] 22/6/2015 14:10

Thanks Bracke...fairly confident it will reach the highs again, but also fairly confident the gaps will be filled....just a matter of guessing which will come first.

[bracke] 22/6/2015 13:06

Good day LAIRD

This was my post 50764. So what's changed

In purely chart terms the share price is at a very interesting juncture.

1 Supported at the Daily SMA 200.
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Support held and share price has risen.

2 Has dropped to the Median Line.
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Has risen from the Median Line.

3 From the high on 28 May to yesterdays low it has fallen 149.
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149 was the final fall.

4 The last two previous high to low swings were 202 and 171.
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So the third swing high to low was 149.

5 The last swing low was down to 1044.
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This was not challenged.

Under 'normal' circumstances I would be thinking of a buy with a 100 + target. Unfortunately the Greek situation puts a blot on the chart. I and I suspect no one else knows how the market will react when the result is known. I am fully aware that the market reacts to news in unexpected ways.
===============================================================================

As I type the market is 'positive' about a Greek settlement but we know how quickly that could change.

A buy now appears to be a reasonable move but it is possible that the share price may drop further before rising."
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A buy was the move to make.


IF there is a Greek settlement, even if it is only a 'fudge', the market will very probably react positively. It would be surprising if the share price did not test 1230 again.

IF there is no Greek settlement then a drop back to the Daily SMA 200 is highly probable and also 1044 likely to be tested.

[lairddavid] 22/6/2015 12:43

Wait till a third one appears and you will be forgiven for straying.... What are your current thoughts on the share price direction?

[bracke] 22/6/2015 10:28

I trust you have all noticed that I have not mentioned 'gaps'. The Therapy appears to be working.

[broadwood] 22/6/2015 07:27

JCB has won one of its biggest single orders ever after securing a deal worth over £50m from hire firm A-Plant, part of FTSE 100 firm Ashtead Group. A-Plant is buying more than 1,550 JCB machines, taking the total number of machines it has bought from JCB over the last 25 years to over 10,000

[dealer1972] 19/6/2015 09:31

Nice bounce off the 200 day SMA but left a nasty gap at £11.00 for a potential revisit.