Ashtead Share Discussion Threads

[terrys trousers] 27/10/2015 15:36

looks like 950p support now

[topicel] 27/10/2015 13:49

Well done on 987 Bracke!

All eyes on the Fed again for which gaps will be filling next then, north or south?

Topicel

[fenners66] 27/10/2015 12:39

Watched the U.S. Grand Prix on Sunday noticed the JCBs used to remove crashed cars were all Sunbelt.... At which point they got I own part of that!

[bracke] 24/10/2015 12:31

Thanks ian

It's been an interesting week!

Where now for the wider market? A retrace and then more up or a leg down?

AHT - Sticking my neck out I think it will fill the gap back to 987 soon. As to the others lower down I am less certain.

[ianwwwhite] 23/10/2015 17:40

Hi bracke,

Interesting AHT week, thanks as always for continuing to 'read the runes', always interesting and appreciated by lurkers such as myself.

A great weekend to all, Ian

[bracke] 23/10/2015 17:06

Topicel

Your homework this weekend is to determine which type of gaps are shown on the chart.



The news seems to be all death and destruction....and we think we are civilised!!

A pleasant weekend to you all.

[topicel] 23/10/2015 15:32

Many gaps presumably are left yawning for future generations to fall into too. Their all over the place, some call them sink holes once they've converged.

Always preferred the northern gaps, as you know...;)

Bon weekend, although not so great for those poor people and families in the Bordeaux road accident - not so far really from nous in the Haute Garonne...

Topicel

[bracke] 23/10/2015 13:53

Good day Topicel

Gap to the north at 1068.

Gaps to the south at 987, 950, 908 and 883.

As to which get filled first I will leave to your consideration.

As to £11 by November.......the ECB hints at fresh QE, some good earnings reports from the US and the icing on the cake, the PBOC cut interest rate by 0.25% and says it has further room to cut rates.

With all that upward momentum there should be no question of not reaching £11. The only foreseeable 'drag' is a US interest rate rise.

[bigman] 23/10/2015 13:51

Bought in earlier this week, after a bit of research I am confident that this is at a level that will provide me with capital growth and a very good divi.

[topicel] 23/10/2015 13:18

Cheers Bracke, will watch closely as it does seem to be having some weekend profit taking...

However, what about that 1072 gap you mentioned a fortnight or so ago? Presumably that is just as much in play?

And if so, just maybe my £11 by November...;)

Topicel

[bracke] 23/10/2015 12:15

Be aware that 1021 has been a previous resistance level. If it does retrace from this level 976 has been a previous s/r zone.

[james97] 23/10/2015 12:01

Disco: I agree that in beating expectations the results as such are good. My point was that the performance of the company has been poor. In a growing market they have lost market share as opposed to Sunbelt which has been growing faster than the market.

[clarky5150] 23/10/2015 08:24

URI were also battered because of the financial irregularities it reported this year.

Chart now working on my URI thread and a significantly healthier position on my position.

Come over and say hi.

[discodave4] 22/10/2015 23:53

Surely it follows that if their earnings beat forecasts they are good results?, they can't be poor, everything is relative in a period of growth recovery.DD

[james97] 22/10/2015 23:28

Otherwise on which point? URI has performed poorly lately so the price goes up because things are better than expected, not because there good.

[discodave4] 22/10/2015 22:39

The share price movement (+10%) would suggest the market thinks otherwise :).DD

[james97] 22/10/2015 22:19

URI up 9.5% on better than expected results. The results were still quite poor though. Turnover up 2% in a market up 13%. No negative implications for AHT though as its Sunbelt that is taking all the extra businesses.

[discodave4] 21/10/2015 23:51

Thanks Gordo. EPS +8% to forecasts.Their EBITDA margin was over 50% and the highest in the Company's history. Q4 and next year look strong:Kneeland stared: "Based on our year-to-date performance, and our visibility into fourth quarter, we've reaffirmed our full year outlook for 2015. We're now in the midst of planning for 2016, which we believe will be another solid year of industry growth. This is supported by customer optimism and industry forecasts for 2016 and several years beyond. All of these factors, as well as the timing of current headwinds, will shape how we manage capex, rates and utilization in the coming year."DD

[gordo58] 21/10/2015 21:35

looks like URI earnings are $2.57 per share(analyst est $2.37), should be good for uri, hope its good for AHt as well

[wildchild] 21/10/2015 15:25

Hi all, just looking in on AHT. Was looking to buy today but I'll wait until United Rentals numbers are out of the way, judging from the last few times. Good luck all long.

[topicel] 21/10/2015 08:33

Well seeing as the fed can't make up its blooming mind what chance have any of us got, 'cept Bracke bien sur!

Yep, early to mid-Nov seems unlikely though the last u-turn was a surprise in its spirit until dampened by the bod selling options. Just an annual event but it caused the retrace IMHO.

The consensus here is still for much more than £11 and if it takes until the next stonkking quarterlies in early Jan then so be it. I too can live with the timescales.

Topicel

[discodave4] 20/10/2015 21:02

Analysts await United Rentals, Inc. (NYSE:URI) to reports earnings on October, 21 after the close. They expect $2.37 earnings per share, up 7.73% or $0.17 from last year's $2.2 per share. URI's profit will be $229.01M for 6.94 P/E if the $2.37 EPS becomes reality. After $1.95 actual earnings per share reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts 21.54% EPS growth.hTTp://www.octafinance.com/eps-for-united-rentals-inc-uri-expected-to-increase/DD

[discodave4] 20/10/2015 18:49

Topicel,Thought it was £11 by late Oct?.......or early Nov, or mid Nov, IMV sometime this year will do me!.DD

[bracke] 20/10/2015 16:02

clarky

There is certainly nervousness in the market. Continually waiting for news on rate increase by the FED. Considering the increase when it comes will be very small and longish intervals between subsequent rises the volatility is typical market reaction.

[broadwood] 20/10/2015 15:46

Surging US housing starts helping.