Ashtead Share Discussion Threads

[topicel] 14/10/2015 12:13

Up and down like a tart's....fill this, fill that. ;)

One minute it is gonna fill 1071 and now 930. I guess it all depends on which way the momentum is going in order for the gap spotting device to function?

Buy or sell or just plain hold, which is the best? Don't mind the gaps!

Topicel

[bracke] 14/10/2015 10:35

The 1001 and 986.5 gaps have been filled. Next in line 930.

There is a high probability that it will drop to 950.

[discodave4] 13/10/2015 20:11

A Plant PSS wins five year framework contract:hTTp://www.aplant.com/news/pss-hire-wins-five-year-framework-agreement-with-scottish-waterDD

[topicel] 13/10/2015 11:20

A few days to clear them then. Thanks for the views all.

Perhaps they are all going to the local Ferrari dealership with their wedge this year? Highly priced, like the share issue seems to be, but I wouldn't say no, lol.

Topicel

[2flatpack] 13/10/2015 11:11

29 July 2014

Looking back they have sold their awards on block previously.

Ashtead Group plc (the "Company") announces that the awards made to its executive directors in July 2011 under Company's Performance Share Plan vested on 28 July 2014.

As a result of vesting each director received the following number of shares:

Geoff Drabble 406,176
Sat Dhaiwal 130,641
Brendan Horgan 163,049
Suzanne Wood 126,816

The directors sold these shares on 28 July 2014 at 934 p per share. The directors' total shareholdings are:
Cheers

[discodave4] 13/10/2015 11:09

2flat"I find the fact that directors sold 450,000 shares more disconcerting than the gyrations of a competitor".Agree it's a bit concerning but the share price went up on the day they sold/took profit. IMV the movement was due to the gyrations of URI.DD

[bracke] 13/10/2015 10:02

Good day Topicel

It is interesting that all four of them sold at the same time. It suggests that they discussed the sale.

They would have seen six consecutive 'up' days with the final day a large rise and the filling of a large gap. Too good to miss taking profit.

[2flatpack] 13/10/2015 09:58

Good morning Disco.
I find the fact that directors sold 450,000 shares more disconcerting than the gyrations of a competitor.
When I get time I will see If they have sold on block previously.
cheers

[discodave4] 13/10/2015 08:57

Topicel,Just coincidence IMV, if you graph URI & AHT they have near enough identical patterns. URI kicked up the same as AHT early Oct on the back of increasing WTI Oil price, dragged AHT up with it. Latest drop in oil and URI drops and AHT comes out in sympathy.DD

[topicel] 13/10/2015 08:26

Maybe Bracke or someone can explain why these sales, on 9th October, have had the effect of letting the price rise to 1045, the very amount that they were selling them for...

Has that put a ceiling on things, albeit temporarily? I've not seen that reaction ever before. Going down at the time of the sale, yes, but up to the level?

Is it simply the MM's trying to square their books and off-load them for the same amount?

Tia

Topicel

[2flatpack] 12/10/2015 20:41

I wouldn't be surprised if we saw some profit taking before the end of the day, given the solid progress and momentum of the last fortnight.
--------------------------------------------------------------------------------------------------------------------------------
Unfortunately its the executive directors.

12 October 2015

Director / PDMR Shareholding

Ashtead Group plc (the "Company") announces that the awards made to its
executive directors in September 2012 under the Company's Performance Share
Plan vested on 9 October.

As a result of vesting each director received the following number of shares:

Geoff Drabble 216,680

Sat Dhaiwal 67,012

Brendan Horgan 84,491

Suzanne Wood 84,491

The directors sold these shares, which were granted in 2012 as part of the
annual Performance Share Plan, on 9 October at 1045p per share. The directors'
total shareholdings remain unchanged as a result of this event:
Cheers

[copey1] 12/10/2015 18:04

Many thanks bracke

[bracke] 12/10/2015 16:43

Dealer

I used the following.

[dealer1972] 12/10/2015 16:31

I only see one of those unfulfilled? - 10.01

[broadwood] 12/10/2015 16:30

Markets skittish waiting for Chinese trade data early tomorrow morning.

[bracke] 12/10/2015 14:17

Good day LAIRD

There are a number of gaps to fill:

20/21 July - 1068

24/25 August - 883.

29/30 September - 908.

2/5 October - 930.

8/9 October - 1001.

7/8 October - 986.5.

[lairddavid] 12/10/2015 13:41

Bracke....is there a gap around the 1002/3 mark?

[bracke] 12/10/2015 13:32

Retraced to test the previous resistance at 1022.

[bracke] 12/10/2015 10:18

Topicel

Consider the 'evils' that have occurred as a result by buying. Similar practices have been used by the 'buying' side. One side is as bad/good as the other.

It is essential to remember that the Stock Market is not designed to give you money it is designed to take it from you.

[james97] 12/10/2015 10:01

Topical

I really don't think the "evils" comment is legitimate. Everyone trading in the markets is out to make money and is backing their judgement against the judgement of others. If pepole are ruined by market movements they are as much to blame as they would be if they lost all their money in a casino.

[topicel] 12/10/2015 08:46

Nothing like rationalising ;)

You know what I mean Bracke, shorting has far more 'evils' than you portray with those Bon mots. Many folk were ruined by it and other nefarious trading methods in 2007/8, allied to other ills equally still rationalised by people who were just out to make money and to hell with the consequences.

Not one of your best posts.

Topicel

[bracke] 11/10/2015 11:27

A few thoughts about shorting:

1 "wishing things to go badly for others". Shorting is about the 'price' not about wishing ill for others.

2 When you sell a share or close a long trade you are effectively shorting it.

3 Shorting a poorly managed company, thus reducing the SP, brings the share price into line with its performance. It also encourages the company to improve.

[kilgallp] 10/10/2015 09:37

Topicel, 'For the record, I play with one hand tied behind my back and never short. I just dislike the entire idea of wishing things to go badly for others.'

I couldn't agree more mate.

Bracke, thanks for the link for Copey.

[bracke] 09/10/2015 18:47

Topicel

Monday is Columbus Day in the US. Although it is not a public holiday the markets tend to be quiet.

As for not shorting. It does as you say tie one hand behind your back but so be it. I swing both ways.....

I think I posted or should have posted that resistance would be probable at the Daily SMA 200 which is currently at 1073.