Ashtead Share Discussion Threads

[amaretto1] 26/3/2020 20:47

Could never have foreseen this But I'm sticking to my prediction.. u will see 8 .. before 25 !!!

[palwing32] 26/3/2020 16:14

Looks like I got the timing wrong again. Will stick as I am for now with my remaining 50%. Story of my life....

[perfido] 25/3/2020 17:46

dcarn, Many thanks for your post, most encouraging..

[dcarn] 25/3/2020 15:39

Ashtead fears are overdone, says Numis Equipment rental group Ashtead (AHT) has come under pressure but concerns about balance sheet stress are overdone, says Numis. Analyst Steve Woolf retained his ‘buy’ recommendation and target price of £28 on the shares. ‘Fears concerning the resilience of Ashtead’s balance sheet are overdone,’ said Woolf. ‘Market pressures are increasing, but there are a number of cash levers available to manage even a sharp downturn. Ashtead’s scale, diversify, and use of IT are also key areas of differentiation. He added that the shares had come under ‘significant pressure’ which now represents a ‘buying opportunity’. https://citywire.co.uk/funds-insider/news/the-expert-view-shell-itv-ashtead-ted-baker-and-plus500/a1338992?re=72933&ea=1107852&utm_source=BulkEmail_FundsInsider+DawnChorus&utm_medium=BulkEmail_FundsInsider+DawnChorus&utm_campaign=BulkEmail_FundsInsider+DawnChorus#i=4

[amaretto1] 24/3/2020 15:36

I noticed that.. good move, save cash .. they will need itUK lockdown

[bracke] 24/3/2020 13:44

I note no share buy back since Thursday 19th March.

[jackdaw4243] 23/3/2020 18:52

Great Post " Dear Loyal shareholders , we have decided to not pay you any income to reward you for investing in us. This is because we spent all the cash on rewarding disloyal freeloaders and fly by night traders. I am sure you agree that increasing debt and paying city boys their trading bonuses together with engineering numbers to boost our bonuses was the best use of our hard earned cash. We will of course be turning to you again, when this is all over to buy into a rights issue to recapitalise us, so we can rinse and repeat. Yours disrespectfully BODs." amaretto123 Mar '20 - 10:48 - 57908 of 57909 Look at G E on buy back. Walker should bring some sense to this

[fenners66] 23/3/2020 14:22

Said a fly by night ?

[amaretto1] 23/3/2020 10:48

Fly by night traders ? Get a grip... without them u wouldn't have a market.

[fenners66] 23/3/2020 10:18

At least Shell have not said they are stopping the divi. But the madness of buybacks is laid bare if any do stop the divi as well. " Dear Loyal shareholders , we have decided to not pay you any income to reward you for investing in us. This is because we spent all the cash on rewarding disloyal freeloaders and fly by night traders. I am sure you agree that increasing debt and paying city boys their trading bonuses together with engineering numbers to boost our bonuses was the best use of our hard earned cash. We will of course be turning to you again, when this is all over to buy into a rights issue to recapitalise us, so we can rinse and repeat. Yours disrespectfully BODs."

[amaretto1] 23/3/2020 09:37

My take ... is less than 400 million !

[amaretto1] 23/3/2020 07:51

How much liquid as AHT got ?

[amaretto1] 23/3/2020 07:51

And shell is one of the stronger ones.

[perfido] 23/3/2020 07:36

I anticipate Ashtead will suspend the buyback and possibly the dividend shortly. This CV is a game changer, over 30 companies have already suspended their dividend payments.

[amaretto1] 23/3/2020 07:25

Shell just stopped Share buy back !

[amaretto1] 21/3/2020 09:36

Well Dow as dropped another 1000 after our close ...So I'm pretty sure I'm right. Hope so for yaI'll post on here when I'm going long, it may not be the bottom .. but who knows :-)

[palwing32] 20/3/2020 16:28

FINALLY managed to trade, but not where I wanted due to Halifax dealing not coping with demand, perhaps? Sold 50% of my long term holding. Not a huge amount compared with you big boys, but safe guarding my profit with the hope of buying back in at a lower price one day. As suggested, this current madness might only be the start. Good luck all.

[palwing32] 20/3/2020 15:28

Thanks ameretto, will keep trying.

[amaretto1] 20/3/2020 15:24

Worldwide it's approx 200 billion

[amaretto1] 20/3/2020 15:23

It's probably data trafic on your lines They are busy busy Had it a few times today Not Halifax tho

[fenners66] 20/3/2020 15:20

BBerg says US airlines are asking for $50bn bailout But the have spent $45bn+ on buybacks in the last 10 years. The bailout should be NEW shares at the current (or lower) share price. That will save the investors from losing everything , save the jobs, but give the state something in return. Maybe teach investors to be more prudent in future and STOP the buybacks..

[palwing32] 20/3/2020 15:20

Can't trade on Halifax. Too busy one moment, error the next. Hmmm....

[amaretto1] 20/3/2020 14:40

Dow being kept up for triple witching.