Ashtead Share Discussion Threads

[bracke] 17/2/2017 16:38

Oh yes!! You rotten lot are having fun aren't you. I shall remember it.

One day (not certain when) my time will come and dreams of riches which would make Croesus envious will come to pass. Yea verily.

In the meantime I'm off to get one of those food parcels they give to the needy. If I'm in luck it will include a dented tin of peaches.

I see 1700 was tested again but just about held.

US on holiday Monday.

[uppompeii] 17/2/2017 12:46

Its hard to lose on this one, it takes a special type of investor.

[bracke] 15/2/2017 18:14

I think bits are becoming loose!

[uppompeii] 15/2/2017 17:04

Stoic bracke, very stoic. Lesser gurus would have crumbled.

[bracke] 15/2/2017 16:13

Living in hope with AHT is ok provided you do not have an open position resting on it.....I know!

Yes a little odd. AHT currently up 2.88%. URI currently up 0.07%.

[2flatpack] 15/2/2017 15:06

1600? Improbable.
AS you know always live in hope.
I've made a small long on URI expecting it to follow AHT but that looks to be going pear shaped.
Cheers

[bracke] 15/2/2017 14:42

2flat

1600? Improbable. Even to-days gap fill unlikely. What about long from 1700?

[bracke] 15/2/2017 14:40

ian

"and then a bounce for us longs!"
==================================

Now you are definitely being greedy!

I doubt Mrs Yellen will do anything to rock the boat. I watched her yesterday. It was a repeat of previous appearances. She steered the middle ground and avoided the loaded political questions.

I would suspect that the FED are waiting to see what Mr Trump does with taxes, particularly Corporation Tax.

[2flatpack] 15/2/2017 14:36

I was waiting for a pull back hoping for 1600 to go long, expecting the results rally
but these yank have no sense of timing.
Cheers

[ianwwwhite] 15/2/2017 14:30

Bracke

Looks like some of the froth is subsiding, you may well get your wish (1700ish revisited), and then a bounce for us longs! Interesting to see what happens when the U.S. markets open.

I note that Janet Yellen has another session today. Let's hope she has no surprises in store to unsettle the markets...

[bracke] 15/2/2017 14:02

"I understand steel balls will be Incorporated into Ashtead new logo.
Cheers"
===============================================================

LOL!!!

They've been removed from me!

Might have to change my nickname to 'castrati'.

[2flatpack] 15/2/2017 13:47

Sorry bracke but I could not resist it.
cheers

[2flatpack] 15/2/2017 13:46

I understand steel balls will be Incorporated into Ashtead new logo.
Cheers

[bracke] 15/2/2017 13:18

Disco

"Bad luck Bracke - It's out to get ya!"
========================================

It has got me. Twice!!


ian

No. I should have. Another staggering rise.

Following such a large rise it is 'reasonable' to expect a retrace, it has done so previously. At best a retest of 1700 appears to be my best chance but it didn't hesitate at 1700 on the way up.

Just as well I kept the stakes small but it's unpleasant all the same.

[ianwwwhite] 15/2/2017 12:17

Hi bracke,

Tough luck, none of us saw that one coming....

Dare I ask, have you closed the two earlier shorts?

[discodave4] 15/2/2017 11:51

Nice to see these analysts get there eventually!DiscoDave4 - 09 Dec 2016 - 12:53 - 52991 of 53257 - 0When our mate Donald reduces corp tax to 15% that will equate to an extra £140m or so to the bottom line (I think!).DDBad luck Bracke - It's out to get ya!

[ali47fish] 15/2/2017 11:07

Bracke and co- what do you think of mrryl's take below with 20 pouds tp


Ashtead boosted as BofA Merrill highlights attractive growth
(ShareCast News) - Ashtead got a boost on Wednesday as Bank of America Merrill Lynch upped its price target on the stock to 2,000p from 1,620p and reiterated its 'buy' rating.
The bank said Ashtead remains an attractive long-term investment opportunity, offering around 20% earnings per share compound annual growth rate for an attractive price-to-earnings rating of 12.6x to April 2018.

"The long-term growth story of structural and macro growth remains well entrenched with the added benefits of self-propelled growth fragmented markets and relatively placid competition," Merrill said.

In addition, it argued that tax reform in the US could add 14% to 20% to EPS.

Merrill pointed out that Ashtead generates 92% of its earnings before interest and tax in the US and has a relatively low interest cost line.

"Therefore, the net benefit of a reduction in the corporate tax rate from 35% to 20% is material."

Including the offset of disallowed interest costs against tax, it estimated that net benefit to full-year EPS could be around 14%. If the rate of tax was slashed to 15%, the benefit to EPS could be as high as 20% and this is not reflected in the shares, BofA said.

At 0947 GMT, the shares were up 2.5% to 1,707p.

[broadwood] 15/2/2017 10:34

Sympathy bracke.

That's a 105% gain in the last 12 months.

Those 3rd Qtr results on the 7 Mar will have to be pretty stunning to keep the price at these levels.

Nevertheless, fantastic for us long termers.

[buoycat] 15/2/2017 09:41

What's the opposite of catching a falling knife?

[discodave4] 15/2/2017 09:16

Bracke :(Just go long and be done with it!

[ianwwwhite] 14/2/2017 17:40

bracke

Lol!! No, it's just I feel you need to retain full focus on the main prize, without distractions from posters who have no skin in the game, and start posting silly frog cartoons!

[bracke] 14/2/2017 17:25

ian

Are you preparing the large pot!

You can join the thread at any time....but please keep the matches in your pocket.