Ashtead Share Discussion Threads

[ianwwwhite] 21/11/2016 15:39

bracke

As always with AHT, 'interesting times'!

[bracke] 21/11/2016 15:16

Afternoon ian

"Unfortunately you never can never rely on AHT to follow the form book"
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Too true!

Thinking aloud....US Thanksgiving on Thursday (this is not for giving thanks for Donald); what will the market do?

Two weeks until 6th December will AHT continue sideways?

A large move up may provide an opportunity for a retrace profit and for 'distressed' traders to 'square' their positions.

[ianwwwhite] 21/11/2016 14:54

Good afternoon bracke, et al

We seem to be stuck in a rut for the last few days, but I notice that the Q2 Results are due on 6th Dec.

Can we expect the usual run up to astonishing results, followed by a bit of a sell off, which might be the redemption of a few shorters here? (lol!)

Unfortunately you never can never rely on AHT to follow the form book, so I remain a long term holder at these levels..

[bracke] 21/11/2016 14:09

Good day fenners

"There you go - not wound up at all!"
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I know....but no harm in trying.

I agree no point in buying Hewdens though there maybe some cheap equipment available.

[fenners66] 21/11/2016 13:01

Bracke we already discussed this , AHT need to let them go bust and talk to their major customers separately.
Costs nothing , takes out a competitor , allows rental rates and volume for A-plant to rise.
Even if someone else stepped in the deficits mentioned above would weaken the opposition.
Further more despite Deutsche's doom and gloom the US is where investment should be now anyway.
Just trust management see it this way as well.

There you go - not wound up at all!

[bracke] 21/11/2016 10:47

Good day ian

Yes I know trying to wind up fenners was a little naughty but he certainly has the last laugh when it comes to AHT as he counts the fenners millions.


Good day uppompeii

As you well know Rome was not built in a day and the Trading Craft Venus whilst meeting some space head winds and the occasional obstacle is hopeful of arriving safely albeit a little scratched.

[uppompeii] 21/11/2016 09:19

I believe bracke has crossed the event horizon and cant escape, the pull is so great even elite gurus are trapped.

[bracke] 20/11/2016 16:53

ian

Still got shorts on....getting a bit chilly!

I wasn't thinking of my shorts when I posted about 'takeover' I was being mischievous and looking to rattle fenners. I know he gets nervous when takeovers are mentioned.

Disco

As we well know what Politicians say and what they do often do not relate.

[discodave4] 20/11/2016 16:23

BrackeIt is an impressive 3+ year chart. It was post Trump that got me looking at it, he wants more fossil fuels and less rules - well that was his pre election diatribe anyway - will keep watching it with a view of a SB long.Hewdens - taking on their debt (£190m) and pension deficit could possibly push AHT's net debt to underlying EBITDA ratio to about 1.9x which is a bit close to their 2x limit, so doubt they are interested (who knows!). Guess they wouldn't say no to some cheap plant though!.DD

[bracke] 20/11/2016 15:00

Disco

Ref CLD - Cloud Peak Energy - Coal Production.

The chart shows half of a very large cup. If it ever forms the other half it would be a great buy now. Problem is coal is a fossil fuel. Depends on what Donald says and does.

[ianwwwhite] 20/11/2016 14:55

Bracke!

i imagine from your above post that you have still got some shorts on! 😂

[bracke] 20/11/2016 14:51

Ref Hewdens

How about a takeover by AHT. What do you think fenners?




( fenners and a few others will remember that the rights issue which caused a large price drop was to raise cash for a takeover).

[ianwwwhite] 19/11/2016 17:30

"'Brexit to blame' as machinery rental firm Hewden nears collapse"

As Tiggertiger's post 52777 10/11/16 foretold:

Hundreds of jobs are at risk this weekend as Hewden, one of the UK’s biggest heavy machinery rental firms, teeters on the brink of collapse following a sharp deterioration in trading conditions.

Sky News has learnt that Hewden's owner has lined up the professional services firm EY to act as administrator to the Manchester-based company.

An announcement is expected to be made about EY's appointment in the early part of next week, according to insiders.

Hewden's failure, which would come after a frantic search for new financial backers in recent weeks, will fuel the debate about the impact of the EU referendum result on British industry.

In a statement last month, the company, which was established in 1961 and employs around 750 people, said it was confident that it could find new investors.

Sources said, however, that talks with possible backers including Alchemy Partners had so far proved fruitless.

For the full report:

[2flatpack] 18/11/2016 23:31

Hot off the press,
Our fiends D. Bank raises T/P to730 from 710.
Cheers

[discodave4] 18/11/2016 20:13

Thanks fenners for being ok with off topic posts.Will still apologise though as others may not feel the same, so sorry guys, just one more quick one for our guru!.Good day bracke - sorry but using an iPad and for some reason can't see or access your graph (will use laptop over weekend and have a butchers), many thanks though.My swing low is 9th Feb (59.3), high is 28th Sept (110), 38.2% fib 90.5.Am also looking at another Yankee stock (CLD) that has an amazing chart (a bowl like I've never seen before!), well I think it's amazing so probably won't get your juices flowing!. The last few days it's plummeted though (spoilt the chart too!) and I can't find any news as to why, think it's just had a short attack which has put me off going long on a SB (has about 11% of free float on loan).Thanks again, do appreciate your time.DD

[bracke] 18/11/2016 16:31

Good day Disco

Below is my Alibaba chart

Your fib placement may be different to mine especially if you are trading a different time frame.

You will see three short blue lines which mark the daily closing price since when the share price gaped and did not return to it. The gap at 94.05 has now been filled perhaps after I posted.......that's my reason and I'm sticking to it!

If you look closely at the chart you will see that this share price gaps constantly.

ALIBABA DAILY

[fenners66] 18/11/2016 15:13

For the record I have no problem with off topic most especially other stocks. This board has been a great source of ideas over the years with some sensible contributions.

[discodave4] 17/11/2016 20:43

Bracke38.2% fib is it 90.5? (mine is! lol). Can't see any gaps at 94.05 though.Sorry everyone for off topic - picking our elite guru's brains!.TaDD

[discodave4] 17/11/2016 19:47

Thanks Bracke, appreciate your views - didn't check for gaps but will now!.Have a good one.DD

[bracke] 17/11/2016 11:05

Goo day Disco

Ref Alibaba

It nearly filled the gap at 87.29 from 10th August before retracing and moving above the 38.2% fib. Viewing the chart shows that it does leave gaps all over.

There is a gap at 94.05 which it may retrace up to before continuing down.

[discodave4] 16/11/2016 18:08

Thanks bracke, appreciate your views as ever!.Got short entry a bit higher than wanted (£92) but did think 50% fib at 84.5 may be on, particularly after Donald got in (comforting to hear you think 85 looks ok).Will see how it goes.All the best.DD

[bracke] 16/11/2016 11:03

Good day Disco

Good luck with Alibaba. 85ish looks doable.