Ashtead Share Discussion Threads

[room_101] 24/1/2018 16:25

And meanwhile that little old competitor over the pond climbs ever higher.

Did I miss something?

[ianwwwhite] 24/1/2018 15:32

The market generally is looking a bit jaded, although an end of January downturn is consistent with the form book.

Perhaps the pound's current ascent like a cork out of a bottle may also be unsettling confidence, currently USA $1.42 to the £1, and euro €1.478 is higher than we have seen for some time.

As an aside I notice the AHT daily buyback has reduced from 110,000 to 100,000 shares for the last two days.

[fenners66] 24/1/2018 12:45

Seems the share price got over exuberant yesterday

[fenners66] 19/1/2018 22:23

URI over $184 and H&E over $40

[bracke] 19/1/2018 18:16

December high tested and held so far.

[bracke] 19/1/2018 12:00

The ML has resisted causing a retrace but so far only a small one. The expectation is that following the breakout above the December 2017 high it will want to retrace and test it ie. return to 2117.

[discodave4] 18/1/2018 18:14

Thanks bracke.It worked on my IPad app for some reason!, oh well.DD

[bracke] 18/1/2018 14:12

Good day Disc

"didn’t my link work?."
========================

Not without copying it and pasting it into the address bar.

You can click on my version and go straight to the article. You will note Https.

[discodave4] 18/1/2018 14:07

Thanks bracke, didn't my link work?.DD

[discodave4] 17/1/2018 21:21

Was curious to see which companies have so far issued RNS's in relation to links with Carillion:hTTps://www.investegate.co.uk/AdvancedSearch.aspx?qsArticleType=ann&qsSearchFor=S1&qsSpan=1W&qsKeyWord=carillionWonder if AHT will announce anything for A Plant?DD

[discodave4] 17/1/2018 21:15

RBC Capital Markets reiterates outperform with a target price of 2,800p.

[discodave4] 17/1/2018 19:52

Ex div tomorrow (5.5p).

[ianwwwhite] 17/1/2018 19:03

Above average volume today, looks like buyers just beat back sellers.

Meanwhile shorts have reduced further:
Fund % short change Date changed
CPMG, Inc. 0.68% -0.19% 16 Jan 2018
Total 0.68%

[bracke] 17/1/2018 17:33

All Time Intraday High - 2168.

All Time Closing High - 2146.

Following the intraday high it dropped back to close slightly above the ML.

Will the ML support?

[bracke] 17/1/2018 14:13

"I'm not saying that it will retrace but the probability that it will has increased."
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The share price laughs in the face of probability. No surprise there then!

Where is the next likely target/resistance?

There is no previous price history at these levels. If I had to select a figure based on recent price action it would be 2200.

Although the share price is some distance above the SMA 200 the distance has been further in the past. Plus the SMA 200 will start to rise as the flat period in July and August 2017 is dropped off the calculation.

[bracke] 16/1/2018 17:19

All Time Intraday High - 2136.

All Time Closing High - 2135.

[bracke] 16/1/2018 16:20

Today the share price has reached the ML at 2133. I'm not saying that it will retrace but the probability that it will has increased.

[stu1210] 15/1/2018 18:42

DD A-Plant will take a hit on the debt as will a lot of other companies but Speedy will shoulder the bulk of the Hire related debt for certain

[discodave4] 15/1/2018 18:16

CLLN - potential impact A plant?SDY been hit today which may be due to a contract with them?.DD

[bracke] 15/1/2018 17:22

All Time Closing High - 2108.

[bracke] 15/1/2018 17:15

Good day fenners

You undoubtedly saved some from losing money. A job well done.

It will be interesting to see what the FCA and other enquiries have to say about the running of the company and whether any charges are brought.

[fenners66] 15/1/2018 17:01

Thanks Ian most kind.

I guess people still think I was short CLLN - I should have been - but my interest was genuinely because I almost got caught buying them for yield.

When I did my research and read the RNS's / Accounts etc I was horrified - when you read their board and find those in denial , I couldn't do anything else but try to help them.

Some new names have now gone on the CLLN board stating they lost money I'm sorry for them, but some of the rampers, liars and just plain stupid - I have no sympathy for.

I think I added as much research as I could - what business they may sell , what their debt position really could be and straightened out the obscure figures coming out of the company - but some where never going to take any notice.

Still there was at least one poster there who did not buy....

[bracke] 15/1/2018 13:02

"Interestingly several researchers have found that value of a stock declines at the announcement of a debt for equity swap, (which would have boosted your short's profitability):"
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But straight after the announcement there is a probability of a spike which will take out stops and maybe worse. The share price then declines but the spike has done the damage.

There are those who have a vested interest in spikes!

[ianwwwhite] 15/1/2018 12:50

Interestingly several researchers have found that value of a stock declines at the announcement of a debt for equity swap, (which would have boosted your short's profitability):



Nevertheless I think you did well to avoid shorting it, fundamentally too many unknowns!