Ashtead Share Discussion Threads

[ianwwwhite] 26/1/2017 16:02

Brokers daily mid-day summary:

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Equipment rental group Ashtead was a high riser on positive read-across from US peer United Rentals, whose fourth-quarter earnings on Wednesday beat analysts' expectations.
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Also URI results summary:


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[ianwwwhite] 26/1/2017 15:50

Caterpillar 4Q16 results are out (thanks DD4 for the heads-up!):
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“Our results for the fourth quarter, while slightly better than expected, continued to reflect pressure in many of our end markets from weak economic conditions around much of the world. Our team did a great job in the quarter, as they have all year, aligning our cost structure with current demand while preserving capacity for the future. I’m confident we are focusing on the right areas: controlling costs, maintaining a strong balance sheet and investing in the key areas important to our future,” said Caterpillar Chief Executive Officer Jim Umpleby.


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Difficult to identify the read across to American construction outlook in the 31 pages of data!

[ianwwwhite] 26/1/2017 15:43

The thing is, will we see the customary dip at the end of day, and resurgence at the beginning of the following session, which seems to have been characteristic of the last few days?

I am almost tempted to try a small trade on this basis, but this is not really my type of gig...

Over to you bracke!

[bracke] 26/1/2017 15:31

Good day ian

That's one I got correct!

I was reading earlier that a shortage of both legal and illegal labour will make building 'the wall' difficult. Perhaps Mr Trump could bring in some foreign labour?

[ianwwwhite] 26/1/2017 15:13

Well done bracke, most impressive!

URI currently up 10.9% might help sustain some momentum as well!

[bracke] 26/1/2017 14:19

Is that a spike and gap I see before me? Yes it is!!

Hmmm now let me think. Didn't a very superior Elite Guru suggest that there was a good probability of such a move. Yes he did at post 53090 when he posted:

"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."
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[2flatpack] 26/1/2017 08:40

dcarn
Don,t forget we have Boris.
Cheers

[dcarn] 26/1/2017 08:34

Trump's gonna make all of your nightmares come true.

[dcarn] 26/1/2017 08:14

A great big wall confirmed.

[fenners66] 26/1/2017 08:10

Gap opening pretty strong any known reason?

[palwing13] 25/1/2017 19:26

DJI doing well tonight.... hopefully test that high again soon?

[discodave4] 25/1/2017 19:08

Yes DD, Caterpillar report Thursday, thanks, :)

[bracke] 25/1/2017 16:27

Given the rise in the US Indices and the share price spike up this morning it appeared that there was a good probability of a breakout to test the high but no. Once again it teases by reaching the same level as several occasions of late and then dropping back below 1600.

Games are being played.

[bracke] 25/1/2017 16:12

The logo is green.

Perhaps they repaint them in the US?

[broadwood] 25/1/2017 15:12

Can't deny that's green.

But the earth moving equipment I saw on a lorry heading for Southampton was definitely white.

Moreover, they had the insignia 'Sunbelt Rentals' painted on them.

No matter, they were part of the company's capital spend to replace older stock no doubt.

[broadwood] 25/1/2017 13:15

The Sunbelt equipment I saw a few months back en route was painted white.

[broadwood] 25/1/2017 08:13

Being now fully aware of his paranoid nationalistic views, lets hope Trump doesn't become aware Ashtead is a UK company.

[discodave4] 24/1/2017 19:31

Don't Caterpillar report Thurs?DD