Ashtead Share Discussion Threads

[discodave4] 06/9/2016 22:07

Any forecasts for tomorrow's Q1 results?My guess is they will beat the consensus as they did in the last quarter, so Q1 profit before tax circa ?212m, eps of about 27p - 28p (perhaps minimum 26p).Annualised this would give year end eps of about 110p, say a PE of 15, so that's a target price of ?1650.We will see!.Good Luck all holders.DD

[ali47fish] 06/9/2016 19:05

thanks Bracke

[2flatpack] 06/9/2016 13:04

Afternoon bracke .
Death wish?
I think donald duck and boris badenov ideally qualified to lead the world over this tricky juncture.
As always thanks for your thoughts.
Cheers

[bracke] 06/9/2016 11:27

Good day 2flat

"are you suggesting AHT may be returning to the good old days, of peaking on result then drop back to 150 or 200 day sma ."
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I wasn't thinking particularly about dropping back after the results, simply that the share price was on 'extended leave' from the SMA200 and a return 'to base' is a probability. I accept that the buyback may delay a drop but sooner or later......

"As always I live in hope ,to see donald and boris in charge."
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You got some sort of Death Wish!!


Good day ali

The best I can do currently is refer you to my post 52552. The following is the operative part.

"I suggest that the target is likely to be the Upper Parallel at approx 1360 with resistance at 1300.

If the US decides to drop back then AHT likely to fill today's gap and test what was resistance at 1240/1250."

[ali47fish] 06/9/2016 10:44

Bracke would you be kind to translate your chart reading in terms of where the share price might go for us poor ignorants of cherts-

[2flatpack] 06/9/2016 10:35

bracke
are you suggesting AHT may be returning to the good old days, of peaking on result then drop back to 150 or 200 day sma .
Here's hoping,but I think the buyback may put a spanner in the works.
I am looking forward to tomorrows open, with my finger on the button of my spread bets.
At this share price I will hold all my share .
As always I live in hope ,to see donald and boris in charge .
That's Duck and Badenov.
Cheers

[bracke] 05/9/2016 13:10

First nudge at 1300 today.


The share price is currently 30% above its SMA200.

View a three year chart or longer and you will observe that the share price will return to its SMA200 at a maximum distance of approx 30%. I appreciate that the SMA 200 will continue moving up to reflect the price rise over the previous 200 days but it is worth keeping an eye on.

[broadwood] 05/9/2016 10:35

JP Morgan Cazenove today reaffirms its overweight investment rating on Ashtead Group PLC [LON:AHT] and raised its price target to 1340p (from 1140p).

[fenners66] 03/9/2016 01:23

The US may talk about getting rate hikes in so as to control future inflation , however much like the stated ambition of introducing rate hikes when unemployment levels had fallen sufficiently I believe that the inflation target will also be moved or forgotten about.
The US needs a higher rate of inflation to inflate away the national debt.

Anyway on to AHT and Ashtead Friday was back with a vengeance today.

Also is the clean up operation in Florida which will most likely involve Sunbelt in a big way.

[2flatpack] 02/9/2016 17:10

What a day!
What a week!
What a month!
What a six months!
Makes the previous year almost worthwhile.
Looking forward to the results next week.
I cannot understand the circus of non-farm payroll/ rate hike.
We all know the US is doing fair to OK so the FED will only hike the rate when the economy can stand it. but what the hell 0.25%!! makes little if any difference, its become a market obsession.
Back off holiday and sanity hopefully.

Cheers

[2flatpack] 02/9/2016 14:45

Give a big cigar to the petrol-head with mayonnaise on his tie.
Well done bracke on the nose as usual.
Made a couple of bob with a small bet at 1242.
Now,onward and upwards,
Thanks and cheers

[bracke] 02/9/2016 12:47

Gap filled and testing support. See post 52552.

[broadwood] 01/9/2016 12:04

Quite.

I guess they're still banking on a US slowdown hoping the price will fall off a cliff.

[bracke] 01/9/2016 11:19

Nein!! Ve are putting ze towel on ze lounger for reservation.

[broadwood] 01/9/2016 11:04

Jefferies reiterates 1385.

Deutsche - time to throw in the towel?

[discodave4] 30/8/2016 22:57

Thanks Bracke.

[bracke] 29/8/2016 12:43

No tears of joy, no wailing and gnashing.

By and large a non event.

[bukko] 26/8/2016 00:58

Ianwhite

I think CRH’s American operations may correlate well with AHT business activity. If so then CRH interim results this week are a good omen and their share price has surged, up to and post results.
Furthermore Lucinda Riches joined the AHT board as a non-exec. director in June. She is also a director at CRH and well placed to give timely advice to AHT to mitigate the effects of inevitable cyclical downturns on various sectors of the hire business.

[bracke] 25/8/2016 17:18

A likely story......

I'm a little disappointed I will not be about tomorrow......but only a little.

It will be very interesting to watch the price action of the market and AHT following Mrs Yellen's presentation.

Will I return to posts filled with tears of joy or to wailing and gnashing of teeth!

[ianwwwhite] 25/8/2016 17:02

Not that I recall, a case of mistaken identity methinks!

[bracke] 25/8/2016 16:53

Hmmmmm.......haven't I mentioned this to you on an earlier occasion?

[ianwwwhite] 25/8/2016 15:42

Sorry bracke!

[bracke] 25/8/2016 15:37

Tut, tut.

The quality of posts is rapidly declining!