Ashtead Share Discussion Threads

[family values] 11/3/2016 16:34

Weakness today is most surprising.I assumed that the dip yesterday had been overdone off the back of the poor general market.

Felt sure that we would easily see a 4 to 5% gain today.

In to the bottom drawer you go

[mjcferguson] 11/3/2016 13:50

All those Director buys just after the third quarter results 10days ago would not have taken place if the directors did not believe that the outlook is good.
Do Credit Suisse know more than them about the business and it's future? I doubt it!

[clarky5150] 11/3/2016 12:16

Well CS were just about bang on at 770. Problem is they and they alone created that scenario. I think DB tried to do the same. Issue is gonna be if we head to the 660 area what's to stop the Hammamatsu lawnmower, dangerous toy and financial analyst company or some similar shyster having a short and quoting 550 as a target?

[1staxs] 11/3/2016 11:41

clarky agreed completely. How can the pros be that far out from one another.... forecasts are one thing, time scales are another.

[clarky5150] 11/3/2016 11:32

one too many punches to ride of late I think. Had DB not stuck the knife in it would be a different story. Never ceases to amaze me that there can be a 50% price difference from people who are paid good money and are supposedly experts in analysis. Red or Black springs to mind.

[1staxs] 11/3/2016 11:22

A lot of positions have been closed and opened between 760ish and 900 over the last 3 weeks. If US and wider markets follow oil and commodities for now then 900 should be reached quickly. If the general markets run out of steam then AHT will be sinking but a bit of buffer has been built in for a while given that AHT has opposed the wider market the last few days especially with AHT not following the FTSE yet today

[2flatpack] 11/3/2016 10:31

clarky
I don't know about the 900 zone , 800 looks like a battle field to me.
cheers

[clarky5150] 11/3/2016 09:52

Agreed Bracke. That 900 battle zone is going to prove psychologically difficult to breach and hold. As long as new brokers don't come in and join DBs party or current brokers lose faith I think we should see 900 again this month. It is noted that the ship is taking a while to turn this morning on a very blue day. A positive display this afternoon would ease my mind.

[mammyoko] 11/3/2016 08:21

Next stop 750

[2flatpack] 10/3/2016 21:28

I note today the S/P of Ashteads main British rivals are doing OK.
HSS UP 1.6%
LVD UP 0.7%
SDY UNCHANGED.
and our US rivals,
URI down 0.32%
HTZ down 2.9%
Where as AHT are down 7.9%.
Which I think shows, all the reasons put forward by the shysters / analysts do not hold water.
cheers

[james97] 10/3/2016 21:06

Regarding Deutsche Bank initial coverage valuation of £6.60, at least it gives them lots of scope for upgrades once they find something out about the company.

[clarky5150] 10/3/2016 18:41

todays beating is tomorrows buy opportunity..i don't know how many more of these 'opportunities' I can take tho.

[bracke] 10/3/2016 11:51

Good day Laird

The game continues!

Initial shorter target.... 780 but probability is for another test of the February/March lows at 750.

Remember that as long trades are closed it drops the share price There will be 'bodies' near 900.

[lairddavid] 10/3/2016 10:52

Anyone with some technical knowledge (bracke) hazard a guess what the shorter target might be?

[dealer1972] 10/3/2016 10:31

Thanks 2flat, going back up again :)

[2flatpack] 10/3/2016 10:18

I've put the brakes on the fall.
I've opened a short, should go up from here.
cheers

[mikemichael2] 10/3/2016 10:13

Looks like the share price has fallen down bracke's gap !

[hjs] 10/3/2016 10:09

This share is traded like a casino... shorts are at it and brokers are helping them by their recomendations. DB today came out with a sell which I do not understand and believe.They are at something..

[mammyoko] 10/3/2016 10:04

770 here we come

[2flatpack] 10/3/2016 10:00

Today from Short interest tracker.
.
Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.42% ↑ 0.04% 2016-01-28
ODEY ASSET MANAGEMENT LLP 0.76% ↓ -0.10% 2016-03-01
Total 3.41%
.

.
cheers

[gotnorolex] 10/3/2016 09:59

Time to buy fear soon!

[dealer1972] 10/3/2016 09:54

I imagine a short attack now during a period of no news wouldn't be surprising, how's the short tracker looking? They have a couple of months to play around with the share price I guess until June! :)

[2flatpack] 10/3/2016 09:41

If there is a fear for rental rates and general down tern why is it over the last month URI are up 28% and Hertz Global are up 33% where as AHT is about the same.
I looked on it as a short attack, but I am starting to think it is someone trying to buy AHT on the cheap .or cheep, cheep.
I wonder how many more tame analysts they have lined up.
Was it only 2 weeks ago Q3 results were released, were they that bad.
Cheers