Ashtead Share Discussion Threads

[bracke] 11/1/2017 11:05

AH HA! A spike (34 pence) this morning, now can it hold above 1600.

[ianwwwhite] 09/1/2017 12:11

Good morning bracke,

Glad to hear that you have survived Xmas, and come back with renewed enthusiasm!

I think that this year might be a year of opportunities, and as you say a very 'interesting' year. My own instinct is to keep my powder dry, and await the inevitable market dips.

In any event, good luck with your new refined trading method!

[bracke] 09/1/2017 11:12

Good day 2flat

No change in methodology but I am aware of sentiment and overall direction of market momentum.

I do agree that moves on low volume can be misleading especially if the move is a large one but that is not the case with the share price

I was a little surprised when I looked at the share price this morning. Given the fall in the £/$ I had expected the share price to have moved above 1600, somewhat odd that it didn't.

[bracke] 09/1/2017 11:03

Good day ian

Being an advocate of the 'bah humbug' form of Christmas the bracke household does not indulge in seasonal excesses. However advantage was taken to review, reconsider and revise my trading method.

I am now back in harness with some moderate trading.

Considering Brexit, Trump and European General Elections, 2017 promises to be a very 'interesting' year.

[2flatpack] 08/1/2017 22:01

Evening bracke
Thanks for your reply.
Hard as I try without your explanation I looked but could not see.
Do I note a change in your methodology , correct me if I am wrong but its the first time I can remember you citing brokers forecast's.
I am always nervous with moves on low volume.
If it move higher on low volume I will look to short at any sign of peaking duck.
Again thank for your ideas.
I've had my end of year look back and can report my best year ever.
Good luck for the New Year to all Holders and some shorter's.
Cheers

[discodave4] 08/1/2017 16:49

Thanks dcarn. Don't know why they don't mention volume bought etc. on each buy back RNS.A 30p special div will do me if they decide not to buy at these levels.DD

[dcarn] 08/1/2017 15:36

I make the average paid £11.55.

[dcarn] 08/1/2017 15:33

I know its sad but i kept my own spreadsheet as they were making the purchases.

Shares bought back - 4118250
Outlay -£47,583,022.69
Remaining - £152,416,977.31
Highest price paid £13.50 on 13th & 14th Oct.

I think they also mentioned how much they'ed spent in the half year result webcast last month.

If they don't up the price they're willing to pay and the share price fails to drop to the £13.50 range they may redistribute the £150M as a special dividend.

Whatever happens its a good time to be a holder of AHT.

[discodave4] 08/1/2017 15:18

Thanks Iandcarn - help, where did you get that from?, searched but ended up adding up every trade (excel) and multiplying by a guessed average price of £12.75.TaDD

[ianwwwhite] 08/1/2017 15:03

DD4 & dcarn,

Thanks guys, good to see our war chest is largely intact! Hopefully the threat of more buybacks might also be a deterrent to some of the players...

[dcarn] 08/1/2017 14:33

They've bought back £48m worth.

Highest price paid was £13.50.

[discodave4] 08/1/2017 14:13

Thanks Ian, had forgotten about the share buyback.By my quick calcs they have bought back about £75m, so about £125m could be bought still by the end of April.DD

[ianwwwhite] 08/1/2017 12:37

Good day bracke

I trust you have now recovered from the seasonal excesses in the bracke household, and are now ready to knuckle down again to some serious 'elite guru' prognoses again :)

You views in 53092 are interesting thanks, looks like January will be a pivotal month!

In the meantime, I assume that AHT are standing by with more share buybacks, if there is a need to steady the ship!

[bracke] 07/1/2017 12:31

Good day 2flat

I think you will agree that s/r is 1600.

I agree that the volume is low....half of the daily average but the pattern is a rectangle top or you may argue it is an ascending wedge. Either way there is pressure to the upside particularly given the previous price action and broker forecasts for the share price

You will note that over the last four trading days the share price is being held in a tight range with minimal movement to the downside. If the intraday high of 1654 is 'it' I would expect a fall, which it did, followed by a retrace up and then continued fall, this it has not done. It would be surprising if it did not make at least one more attempt at testing 1654.

I accept that nothing is certain but given this share and the current market I still hold to the probability of a push up.

[2flatpack] 05/1/2017 20:22

Evening bracke
Could you point out where you see this head of steam as I can only see a sideways move on lowish volume.
Cheers

[bracke] 05/1/2017 15:40

The share price is building a head of steam at 1600. When it 'blows' it is likely to be with a bang. A 50 point rise would not be out of the ordinary and then possibly a retest after the 20th.

[clarky5150] 05/1/2017 11:08

Shame on you Sam66, you can never have too many toys!!! Still reeling from selling up and going short on the day Trump became president elect. Can't believe Aht is up at 1600. Really hoping for a 20% lull prior to Summer so I can get back in it hour too much pain. Trump and Brexit throttled what would have been a decent year for me.
Cest la vie!

[bracke] 04/1/2017 15:11

Come off it fenners!

You must have sufficient AHT profits to buy a couple of them.

[fenners66] 04/1/2017 14:57

Sam
No!

But still thinking about it!

Actually I may never get one as retiring instead looks like an option....

[fenners66] 03/1/2017 10:22

Or learning from the Masters of Rugby?

[bracke] 02/1/2017 10:33

rescuer

Are you in NZ on holiday or permanent?


uppompeii

You really are too good to me.

I will endeavor to repay you with improved trading gems.

[ianwwwhite] 01/1/2017 13:17

Nice one fingers xxd!

On behalf of the AHT posters, we too wish you a Happy & Prosperous New Year!

[uppompeii] 31/12/2016 12:30

I made a written plea on your behalf to the Council bracke. I'm pleased it seems to have been beneficial. Something had to go right for you this year.

[discodave4] 31/12/2016 11:50

Ditto Happy New Year everyone.The January Effect:hTTp://stockmarketalmanac.co.uk/tag/january-effect/Does anyone trade based on such stats/trends?..........having read a few articles, etc, have decided now to wait and see until mid-late Jan before buying some from my watch list.DD