Ashtead Share Discussion Threads

[ianwwwhite] 27/9/2017 14:47

Thanks bracke for sharing your views.

[bracke] 27/9/2017 12:23

Good day ian

As you suggest there is more than one factor causing the variance not least of which is the £/$. If you look at the 3,4,5 and 10 year charts AHT is some way above URI.

Over the past two weeks URI has continued to rise but AHT has moved sideways and appears to be forming a rectangle top. We await the break which may be influenced to-day when Mr Trump talks about tax reform which will undoubtedly be 'beautiful' and 'wonderful'.

[ianwwwhite] 27/9/2017 10:47

Good morning bracke

Thanks for the charts, makes you think..

My interpretation? URI overall seems to be doing a little better than AHT over 12 months, but in the interim the gap closed for a while, possibly because of the impact of falling oil prices, and then subsequently the dollar/pound fluctuations have played a part.

What do you think?

[fenners66] 26/9/2017 23:47

Another strong day for URI over $134

[bracke] 23/9/2017 16:46

1785 providing resistance. Volume has eased back. Now we wait.

[fenners66] 22/9/2017 15:27

URI up over $131.5

[fenners66] 21/9/2017 17:04

LOL

Clever fellows eh?

[bracke] 21/9/2017 15:16

Ah yes but the whiskey company does Ok....but you can't have any of those shares they are far too good for the riff raff.

[fenners66] 21/9/2017 15:02

Neither PET nor the sister co.s CON (how apt) CLON and BOD.

4 companies run from the same address all with zero sales , huge losses and surviving only on placings year after year as each project gets binned and written off , from all over the globe.....

You could not make it up

[bracke] 21/9/2017 13:58

Good day fenners


At that rate of burn they either have another placing or close the company. All the time people buy the placing they are not going to stop.

People fall for it because they think it will be different next time; after all with all those projects running eventually one has surely got to pay off; hasn't it?

Hope conquers all........but not PET.

[fenners66] 20/9/2017 20:40

Evening Bracke & Ian

Bracke well in 6 months they burned through € 338k and have now just € 407k and yet the apologists still want to argue they are not going to have to do a placing.

It seems these boards are littered with those who learned from "Comical Ali"

But the ONLY thing the Clontarf mob are any good at is raising money from placings - I just do not understand why anyone falls for it.

[ianwwwhite] 20/9/2017 13:12

Good day fenners

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Re 54397: Bloomberg and media coverage
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I wholeheartedly agree with your comments, finding a media channel that presents a clear, objective, unbiased view of news and political events is impossible, and channel hopping doesn't help - they're all in it together!

It's driving me nuts!
.

[bracke] 20/9/2017 13:07

"The trend over the next few days will be illuminating!"
==========================================================

Indeed it will.

The market has supposedly factored in a reduction of the FED'S balance sheet and an interest rate rise in October. Viewing the DOW over the past eight days (all up) and the continuing closing highs they aren't factoring in a great deal!

[ianwwwhite] 20/9/2017 12:58

Good day bracke

Thanks for the link re 'Hanging Man' candle indications, I've had a quick read, and am inclined to stick with 'bullish', but wouldn't dream of dealing on the basis of my shallow understanding!

The trend over the next few days will be illuminating!

[bracke] 20/9/2017 10:55

Good day fenners


I've been looking at the PET Interim Statement. I don't have any position just a general interest.

I was looking at how much cash they had left and rate of burn. Am I correct in thinking that they have Euro 407,000 left and that one year ago it was Euro 984,000?

Please excuse this off topic. I do not want to post on a PET thread given the emotions that exist.

[bracke] 20/9/2017 10:33

Good day ian

Yes 19 Sept was all time closing high at 1785.

Now we await the FED.


Hanging Man. Bullish or Bearish? See link.

[fenners66] 20/9/2017 09:41

Bloomberg kicked off looking forward to the release of this mornings retail sales data with the headline

"UK Crisis of Confidence "

There seems to be a media attempt to talk the economy down , arguably linked to Brexit. So they are determined to link any bad news they can , or can make up. In fact as I write the presenter has just said "speaking of bad news now is a great time to talk about Brexit"

The actual retail sales data is MUCH stronger than they were anticipating - hence the jump in sterling - I guess with the notion that if the economy is doing better than the talked down position then there will be a more likely rate rise.

The effect of that seen above....

And after the good news on retail sales - they ignored and carried on saying something is still wrong with the economy - sometimes they are full of BS

[fenners66] 19/9/2017 20:10

And URI approaching $130

[ianwwwhite] 19/9/2017 18:09

Is that a bullish 'hanging man' candle pattern I see? No doubt bracke will correct me if necessary.

In the meantime, a strong finish to set a new, all time 'closing high' at 1785 if I'm not mistaken.

Well done AHT!
.

[fenners66] 18/9/2017 15:06

If its an arranged trade between 2 parties , is it likely its just someone housekeeping , moving holdings between accounts...

[bracke] 18/9/2017 10:42

Good day fenners

You are correct it is now shown on the LSE data as an off book trade. It does not appear to have made much difference to the share price

[fenners66] 18/9/2017 10:27

What about trade 614 at 10.01am for 3,019,998 shares?

[bracke] 18/9/2017 10:10

The volume currently being shown on the 3 month chart above at over 3 million is wrong. As I type it is shown on the London Stock Exchange as 124,000.

[discodave4] 17/9/2017 12:59

"Midas said that investors would be wise to keep most of their shares, as it should continue to deliver for at least a couple of years."hTTp://www.thisismoney.co.uk/money/investing/article-4890876/MIDAS-SHARE-TIPS-UPDATE-Ashtead-s-investors-clean-up.htmlDD