Ashtead Share Discussion Threads

[discodave4] 25/9/2015 09:15

Thanks Aunty Janet.DD

[topicel] 25/9/2015 08:27

Thanks Bracke - so, as I suggested, there was no need for any negative market sentiment due to what Caterpillar had to say generally when weighed against the U.S. New starts data.

Oh how they get jittery these days!

This will cruise up to £11 just as it came back to £10, it simply seems to be taking longer due to all manner of external 'signals'...

Topicel

[discodave4] 24/9/2015 17:48

URI dropped a lot yesterday and down over 4% again today.Don't think anything to do with Caterpillar, they warned earlier in the year as well.DD

[topicel] 24/9/2015 16:15

Caterpillar warning should be good, no? I mean, less buying of plant means more renting...or am I being too simplistic?

The 5.7% new home sales for August is more apposite I reckon.

Topicel

[bracke] 24/9/2015 15:05

US New Home Sales for August + 5.7%

[cockneyrebel] 24/9/2015 14:34

Caterpillar warn.

CR

[terrys trousers] 24/9/2015 14:28

lousy day, just when i thought it was going to go on a good run.

[bracke] 24/9/2015 10:43

Presumptions are risky........rather like share holding.

[az209] 23/9/2015 19:46

I presume that reading your charts has made you very rich ?

[bracke] 22/9/2015 16:52

It broke out and it wasn't a false break.

If the US market moves up the share price is likely to test what was support at 970 but may become resistance.

If the US doesn't move up then the share price is likely to continue down to fill the gap at 917.

[2flatpack] 22/9/2015 09:03

Good call bracke
Jumped out at 960.
Luckily was able to cover my losses by shorting the dax good old VW
cheers

[bracke] 21/9/2015 16:43

The share price has closed outside the range. It's a warning especially as it dropped outside of the range intraday on Friday.

Holders will be hoping it is a false break. If it isn't it may want to fill the gap at 917.

[ianwwwhite] 21/9/2015 08:56

Good morning bracke,

Thanks once again for your views.

I think, in the circumstances, I favour a strategy of 'masterly inaction' until the fog clears..

[bracke] 20/9/2015 12:01

Good day ian

Yes I like "talking his book". It sounds very professional.

Perusing the chart as I am wont to do the question that comes to mind is how long will the share price move sideways and which way will it break?

You will notice that there was similar sideways action from late July to mid August which lasted 17 days. I have looked further back and seen 25 days. So far there have been 13 days.

I don't know which way it will break but beware of false breaks.

[ianwwwhite] 19/9/2015 17:13

DD,

Perhaps...

[discodave4] 19/9/2015 11:47

IanTalking his book - You mean ramping!.DD

[ianwwwhite] 19/9/2015 10:04

Morning bracke

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You may find yourself taken to task for that comment
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No offence was intended, and perhaps 'talking his book' would be a less provocative expression:

def: Talking his book: In investing an expression which means arguing for a scenario that, if true, would end up making you money because it follows your investing strategy.

I'm all for keeping the peace!

[bracke] 18/9/2015 16:31

ian

"£11 prediction? I think this was possibly more a 'whistling in the dark' exercise, rather than a piece of well reasoned analysis!"
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LOL !!! You may find yourself taken to task for that comment.

[ianwwwhite] 18/9/2015 15:54

James97

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Didn't someone mention £11 in view if no rate rise?

Personally I was expecting it to go there after the last results.
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Over many years,I have noticed that there does seem to be a disconnect sometimes between AHT's stunning results, and share price performance in the short term, but the share price does seem to catch up in the end.

£11 prediction? I think this was possibly more a 'whistling in the dark' exercise, rather than a piece of well reasoned analysis!

[bracke] 18/9/2015 15:53

ian

For 'over-reaction' read volatility and hence opportunities. Also to-day was OPEX.

Yes I agree about AHT.

[ianwwwhite] 18/9/2015 15:47

bracke

I fully agree, but equally important, it seems to me that the market invariably over-reacts, impacting a broad spectrum of shares, irrespective of intrinsic value as it climbs or falls, and thus sometimes creates opportunities.

I think AHT sometimes falls into this category, for those that are able to buy and hold for the medium to long term at the right price.

[bracke] 18/9/2015 15:25

As you post "interesting times"

The market doesn't like 'interesting' or 'uncertain'. It likes 'known' 'no surprises' and volatility it can generate itself.

[ianwwwhite] 18/9/2015 15:21

Good day bracke

Thanks for your thoughts.

It's beginning to look like the market has calmed down a bit for now so I am inclined to wait it out until the the underlying trends become clearer as you suggest.

Interesting times!

[james97] 18/9/2015 15:19

Didn't someone mention £11 in view if no rate rise?

Personally I was expecting it to go there after the last results.