Ashtead Share Discussion Threads

[uppompeii] 10/8/2016 07:58

I sold mine yesterday, can't knock the gain in the Sipp, it's had a good run, and I've no idea if it will continue. Safe than sorry, the volatility here can work both ways.Now...where to put it!

[discodave4] 09/8/2016 20:54

Thanks Bracke, hope all is well."Burn shorts"..yep!Final ex dig this Thursday (18.5p) I believe, so possibly have to wait until next week to "push and keep pushing" above £12. What do the tea leaves, Oooops sorry I meant the charts say?.GLDD

[bracke] 09/8/2016 17:43

Holding in company

Black Rock Inc - Reduction of Indirect Holding by 1,118,372 to 4.81% was 5.01%.

[bracke] 09/8/2016 13:02

It is interesting to compare the price action/volume on Thursday, Friday and Monday.

The share price had fallen from 1200 on increasing volume (selling/shorting) until Thur and Fri when the share price rose on reducing volume (selling/shorting ceases). What I do find particularly interesting is that yesterday there was a large increase in volume for a small increase in share price and a narrow trading range this suggests (to me) that selling/shorting returned.

It appears that there is continued resistance at 1200. It needs a 'slug' of buying to push and keep pushing above 1200 to 'burn' the shorts and attack the all time high.

[bracke] 05/8/2016 10:04

Good day Disco

Up until yesterday they were not buying above £11. Perhaps they are now assisting in the push to break above £12.

The gap was not filled and the share price is now rising so the focus turns to £12.

[discodave4] 05/8/2016 09:30

As ever thanks Bracke.Non farm today later today I think.Was a bit surprised to see they bought some shares back yesterday, thought there seemed to be a cap at £11.DD

[bracke] 03/8/2016 11:07

It looks like it is going for the gap fill after all.

The disappointment over Japan and the fall in oil price has halted the market rise and resulted in yesterday's drop.

A break above 1200 will have to wait for another day.

The main question is whether this is just a market retrace before moving on to higher prices or the start of a larger fall.

Support for AHT. You will note that it is currently supported at the last major high on the 17 Dec 2015 at 1155. Next is 1128 the gap fill and third is a test of 1100.

[bracke] 01/8/2016 10:28

Good day rescuer

"Bracke - you'll be getting an invite to the old farts club soon - ha ha"
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I'll have you know that I'm a founder member!


Oh heck you've had your crystal ball out again, Take cover everyone!!

[rescuer] 01/8/2016 00:24

evening folks,

hope you are all well.

great to see aht continue to move forward and many old timers still here.

Bracke - you'll be getting an invite to the old farts club soon - ha ha

anyways got a dead boring trade for u and everyone else who wants to make about 11 points.

Pairs Trade

short - STAN

long - BARC

[ianwwwhite] 29/7/2016 16:02

Disclosed Shorts are down again from 3.63%

Fund manager % short Change Date changed/created
AQR Capital Mgmt 0.69% ↓ -0.02% 2016-07-18
CPMG, Inc 1.54% ↑ 0.12% 2016-05-18
Eminence Capital, LP 0.69% ↓ -0.04% 2016-06-29

Total 2.92%

[bracke] 29/7/2016 11:59

'The Bank of Japan delivered a big disappointment to markets Friday, offering a moderate easing when many expected something much more aggressive.'
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A very damp sqib.

[2flatpack] 29/7/2016 10:14

sorry bracke can't promise
cheers

[discodave4] 28/7/2016 19:10

No probs Bracke.DD

[bracke] 28/7/2016 17:49

Japan announcements in the early hours and the expectation is 'loadsa money'.

So no over excitement if the share price takes off skywards.

Decorum must be observed.

[bracke] 28/7/2016 10:52

Good day Disco

Following your post I have checked two other sources which are both the same but different from the one I quoted. So.....

All time intraday high on 28 May 2015 was - 1231.

All time closing high on 27 May 2015 was - 1217.

My apologies for misleading.

[discodave4] 27/7/2016 22:49

Bracke,Yep thanks.Just one question though, when was it 1234? (Was it an intraday high 27th May 2015? - ok two questions!).DD

[ianwwwhite] 27/7/2016 21:45

bracke

Thanks again for sharing your views, much appreciated!

[bracke] 27/7/2016 18:57

ian

Yes.

The congestion before the gap and the heavy volume which occurred was typical of a breakaway gap. There has been no attempt to fill the gap and the share price has moved above 1200.

Providing nothing unpleasant emerges from the undergrowth the probability is for an attempt at the all time high of 1234.

EDIT

All time high shown above is incorrect see post below.

[ianwwwhite] 27/7/2016 18:11

Thanks bracke.

Are you now thinking that the earlier substantial July gap is a 'breakaway'?

[bracke] 27/7/2016 17:53

A close above 1200 and an intraday retest.

[bracke] 27/7/2016 11:09

ian

Due to delayed announcement the true volume is not known until the close.

[ianwwwhite] 27/7/2016 11:01

bracke

Guilty as charged!

Meanwhile, looks like AHT is on the cusp, but reported volume seems quite low so far...

[bracke] 27/7/2016 10:51

Disco

Yes it's squeezing ever tighter. From what I read the focus is on what the Japanese do on Friday in the way of 'Easing'. If as expected it's 'money galore' the markets will love it and AHT powers through 1200.

ian

That's not nice. Your schadenfreude is showing.

[ianwwwhite] 27/7/2016 10:06

Shares in Deutsche Bank have fallen by more than 5pc this morning after the German lender reported net profit of €20m in the second quarter, down from €796m ​a year ago...... I wonder whether their analysts saw that one coming???