Ashtead Share Discussion Threads

[clarky5150] 01/3/2016 09:20

Carefuk is my kiddle name.

[bad robot] 01/3/2016 09:13

This will double test feb lows. Be carefuk

[clarky5150] 01/3/2016 09:12

I'm assuming a Peel Hunt had a lie in today then.

[clarky5150] 01/3/2016 09:11

Well Dealer that's your 805 gap filled.

[slogsweep] 01/3/2016 09:09

won't be able to tell until US opens. Most trades seem small <1000 so probably auto stop losses. Never use em' always get caught out. Just fallen below my buy price of a couple of weeks ago. See this a v.good long term.

[1staxs] 01/3/2016 09:05

Patience here. Very little visible volume.

[broadwood] 01/3/2016 09:05

TP maintained.

Peel Hunt Ashtead Group PLC 01/03/2016
Reiterates
Buy Buy
0
1,450.00 1,450.00 924.00
0

2

[clarky5150] 01/3/2016 09:04

We are getting to the point where the stock market is just a lottery. Today's move is insane and has nothing to do with the performance of the company or its future. Complete manipulation by fundies with money to burn. If I wasn't at work I would go back to bed.

[gary1966] 01/3/2016 08:55

Left an order in at 775p. Not with any real conviction that the price will get there but who knows in these markets. Company looks solid but these are crazy times.

GLA

[1staxs] 01/3/2016 08:48

The people who drove this down earlier this year were prob sat on some big losses and waited for results, looks like they are back in charge for now.

Prob is that although % money in equities has dropped recently it has not vanished and investors will always be looking for value. AHT is good value for now. Modest divi + capital growth

[kooba] 01/3/2016 08:45

Re guidance apparently in Dec talking revenue growth now in line.Seems over reaction but that's this market for you.

[broadwood] 01/3/2016 08:44

They normally guide to' exceed expectations' - so it seems 'in line with' is a disappointment, for now.

[eaglebeagle] 01/3/2016 08:43

Well Ive topped up. I will ride the short term vagaries

[liam1om] 01/3/2016 08:40

Definitely a strange move. It was being called up before the open:

ASHTEAD (AHT) +1% * Q3 rev ahead at £612m (£513m), expects FY results to be inline, has confidence in medium term outlook

[jswjsw] 01/3/2016 08:39

After 30 years in this game, this is just about the most inexplicable move I've ever seen.
j

[dealer1972] 01/3/2016 08:32

Only gap I see is 805p to the downside, quite a few to the upside, first at 965p

[source] 01/3/2016 08:26

Wow big drops on the results (which on quick scan seemed OK to my untrained eye?). Market seems to seen something it doesn't like at all though. Probably slower growth etc. Well guess we're back onto gap watch - of which there seemed to be a few big ones in the £7.50's. Sure Bracke will fill us all in on what's going on! :)Regards,Source.

[discodave4] 01/3/2016 08:21

Crazy...........just the mention of oil and gas and shorters having a field day.Top up time I think!.DD

[salpara111] 01/3/2016 08:20

Well, I was waiting for these results before investing and felt that they read really well so I am more than a little confused to see the pretty chunky mark down at the open.
I guess the shorters are not going to give up that easily.

[james97] 01/3/2016 08:18

Markets initial reaction is disappointing. The growth rate is slower but with less bolt on acquisitions available that was always going to happen. Strategy still points to continuing growth.

[discodave4] 01/3/2016 07:57

Nice numbers, although growth has slowed which is to be expected. Let's see how the market reacts.Quick calcs and Q4 eps only has to be up 15% on last years Q4 to achieve year end eps forecast of about 80p. With a PE currently of about 11, this is still undervalued, target 1200 minimum.Interesting to see that capital expenditure for next year could be significantly reduced.Fenners - trouble is debt and capex are adversely hit by weak sterling.DD

[broadwood] 01/3/2016 07:55

Called down 2% at the open.

[1staxs] 01/3/2016 07:53

Agreed. I was going to sell here this week but I might let this position run up to Brexit and then have a re-think then. March now, another Q before brexit and much can change. So long as US stays strong then this will keep running due to fundamentals, Brexit= out, would be a bonus