Ashtead Share Discussion Threads

[bracke] 16/6/2017 18:18

That's a lot of volume! Perhaps OPEX had something to do with it.

Certainly the last four trading days have been busy.

Not withstanding clarky's desire for a 5%/10% drop (and quickly dunks him in bat soup) the share price is inching/millimetring up.

[bracke] 16/6/2017 16:11

I want to know why clarky can post:

"I would like another 5-10% off URI with AHT following accordingly."
===================================================================

and not a squeak of disapproval. Whereas if I had posted the same there would have been 'questions in the house'!

However be that as it may....URI just about clinging to the Daily SMA 200.

AHT unable to break above the Daily SMA 50 and is barely holding above the down channel.

[clarky5150] 16/6/2017 00:09

I take both opinions on board but a comparison of their charts shows a close correlation between movements. I would like another 5-10% off URI with AHT following accordingly. That would be my ideal entry point for a long. My AHT and URI shorts which I started the morning Trump was voted in (10 minutes before his pie in the sky speech which sent the market Northwards)and averaged up through the following months are now all but closed out with a small amount of success for several months of anxiousness. Shortin' aint my game im happy to say and looking forward to dusting off my rose tinted spectacles for the run up to Christmas.

[ianwwwhite] 15/6/2017 18:08

Bracke,

As usual I find we are in complete agreement. Interesting times as always!

[ianwwwhite] 15/6/2017 17:41

Good afternoon bracke,

Thanks for the links, most interesting, and my take is that AHT will not be playing 'follow my leader' with URI for the present owing to the differences in market mixes.

As an aside, I get the impression though that equities.com are using a 'boilerplate' approach to commentary.

This paragraph 'Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.' .... seems particularly at odds with the fact that URI dropped 6.13%!
.

[fenners66] 15/6/2017 17:16

A better day , lets have some more.

[ianwwwhite] 15/6/2017 16:52

I get the impression that the prices of AHT and URI have become uncoupled in the last few days... I wonder, is this because of URIs greater exposure to the oil/energy sector?

[bracke] 15/6/2017 16:47

2flat

I hesitated to post it because I thought it overly flattered you.

Another high volume day with honours to buyers.

[2flatpack] 15/6/2017 16:35

bracke
Where did you find that old picture of me?
cheers

[bracke] 15/6/2017 14:51

This is what you need 2flat.

[2flatpack] 15/6/2017 14:32

clarky
If I had known what I know now I would.
Cheers

[clarky5150] 15/6/2017 14:25

I wished you had mentioned them mid February lol!

[2flatpack] 15/6/2017 14:14

clarky
I do every thing they touch has turned to gold.
I am still waiting for the big BUT.
I like most things about the company but the big plus for me same as AHT is the management .
cheers

[clarky5150] 15/6/2017 14:02

2flatpack. awesome trade on WJG. Do you see further upside??

[2flatpack] 15/6/2017 13:48

clary
I moved my money from TW to WJG and have been well rewarded.
Cheers

[bracke] 15/6/2017 13:43

The share price has pulled itself back up to the top of the down channel.

The US Futures this morning have been dropping so AHT has been moving against the US flow. The US markets as usual are having a tantrum because of the 0.25% interest increase but more because of the end of easy money.

[clarky5150] 15/6/2017 13:13

Afternoon all. Took a cheeky short first thing on AHT and cashed out fairly quickly with profit missing the bottom by a few pence. Also halved my existing short holding. Could this be the bottom we were looking for?
URIs first 2 hrs of trading will set the stall out for us I think.
As an aside, doubled my holding in TW since the election. That is my main play now but want to get a good position on AHT once the smoke has cleared. Impressed by the recovery today after the opening falter.

Fingers xxd are you about old friend? What is your take on AHT short and mid term?

[bracke] 15/6/2017 11:20

Good day froggie

Thank you for explanation. Ref Post 53908 Has more than a touch of another who posts on here.

Good day fenners

There are so many of these abbreviations I forget some of them, especially as I am not a fundamentalist using them on a regular basis.

[2flatpack] 15/6/2017 11:17

morning froggy
The last line of your defense statement is the only one I would comment on and its an obvious lie .
You should fit in well.
wellcome
Cheers

[fenners66] 15/6/2017 10:47

Seriously Bracke you did not know Free cash flow?

Were you thinking "Frogs Can Float"?

Clarky with regard to URI tanking - there is always comfort in Sunbelt taking market share from them

[ilovefrogs] 15/6/2017 10:38

Bracke - Free Cash Flow (so neither 'F' is for frog, importantly)

[bracke] 15/6/2017 10:35

Good day 2flat

I remain suspicious of the frog. Such coincidence stretches ones credulity.