Ashtead Share Discussion Threads

[james97] 11/9/2017 21:11

Irma not doing as much damage as expected may be why AHT fell today. I hadn't noticed Irma benefiting the share price. Still tomorrow should be positive.

[ianwwwhite] 08/9/2017 19:22

Two days of good volume and rising prices in the latter part of the days are most encouraging, in advance of next week's results.

URI is currently 3.7% up as well.

It seems that AHTs prospects have been strengthened from the largely illusionary prospect of Trumps infrastructure spend to the real need for a massive cleanup after the hurricane disasters.

I take no pleasure in benefiting from others misfortunes, but at least we will be fulfilling a need.

[bracke] 08/9/2017 15:56

Are they using these?

[fenners66] 08/9/2017 09:17

Thompson have a Florida fly drive holiday for Tues 12 reduced from £1083 to £387 pp !

There is no limit to capitalism .....

Maybe take a pump in luggage?

[bracke] 07/9/2017 16:11

Yesterdays opening gap filled.

[lairddavid] 06/9/2017 17:03

There is no high ground in Florida...flat as a pancake!!

[fenners66] 06/9/2017 13:51

Some footage on Bloomberg from Houston showing a Sunbelt generator, dehumidifier or pump in use outside a school.

The school clearly had been flooded.

[bracke] 06/9/2017 09:57

Hope springs eternal.

[2flatpack] 06/9/2017 09:16

Just placed a small long,
Hoping un and him can keep their mouths shut,at least until after results.
Yes I know its a long shot.
cheers

[2flatpack] 06/9/2017 08:55

58 sunbelt depots in Florida.
Hope they stand on high ground and are fully weather proofed.
Cheers

[kilgallp] 06/9/2017 08:44

Sold a third of my holding on Monday.

Bracke, if the gap you mentioned at 1595 is filled, I will probably buy them back.

[fenners66] 06/9/2017 08:35

Hurricane Irma set to make landfall in Florida?

It was noted earlier in the year that this was going to be the most active hurricane season for years.
If Irma makes land then it looks like that prediction will be correct.

58 sunbelt depots in Florida.

[ianwwwhite] 06/9/2017 08:30

DD

Thanks DD, most encouraging

[discodave4] 05/9/2017 19:11

From Sharecast yesterday (missed it):Assessing the impact of Hurricane Harvey on Ashtead Group's US-based Sunbelt is difficult, said Jefferies, but the arm could benefit from a sizeable amount of disaster recovery revenue based on previous disasters. Using Hurricane Sandy as a precedent, Sunbelt may see roughly $50m of immediate disaster recovery rental revenue, equating to about a 2% uplift to the 2018 forecast pre-tax profit of £894m and earnings per share 118.6p. This does not include rebuild rental work that would be expected over several years and the possibility of the storm being a catalyst for increased US flood defence infrastructure spend. At this early stage, Jefferies analysts retained their unchanged 2018 estimates but do expect a Harvey update alongside Ashtead's first quarter results on 12 September. For the quarter, analysts forecast 12% rental revenue growth, of which 14% from volume and a decline of 2% from yield, giving £229.2m PBT and EPS of 30.4p. It was noted that while Ashtead shares have risen 7.5% over past week, US peers United Rentals was up 12.4% and HERC Rentals up 16.3%. DD

[ianwwwhite] 05/9/2017 12:41

Bracke

Lol!!
.

[bracke] 05/9/2017 12:32

ian

Since when has a bottle of malt a day been a problem?

All one's problems float away.

[ianwwwhite] 05/9/2017 12:12

Good day bracke,

The recovering shorter I got, I had no idea about the alcohol problem :-)
.

[bracke] 05/9/2017 10:37

Good day ian

Recovery - eg recovering alcoholic....recovering shorter.

[ianwwwhite] 04/9/2017 22:43

DD

Yes you are right, I was quoting Friday's close.

[discodave4] 04/9/2017 19:12

IanThought the US was closed for labour day?DD

[ianwwwhite] 04/9/2017 18:33

bracke

Recovery? I guess the money you made in your AHT long will help, no doubt.

Well done!

[bracke] 04/9/2017 18:29

ian

Although the share price has risen a good distance following the gap I would be inclined to wait and see if the rise continues to new highs before I was certain that it was a breakaway gap.

Apologies about the "little short" comment old habits die hard and I'm still in recovery.

[ianwwwhite] 04/9/2017 17:56

Hi bracke

No need to 'tidy' a breakaway gap, surely, bearing in mind the context within which the gap occurred?

'a little short maybe in order' - go wash your mouth out! (with the greatest respect)