Ashtead Share Discussion Threads

[optomistic] 25/5/2018 10:57

Good morning bracke...if your shorting has this effect on a share would you pop over to BP and do your magic there please ;-)

[bracke] 25/5/2018 10:48

Three gaps to fill. Which one first?

1 Up to 2372.

2 Down to 2296

3 To-days at 2324.

[bracke] 24/5/2018 10:18

Highish volume yesterday bears win but bulls hold the 2300 line.

[bracke] 23/5/2018 14:23

Good day Palwing

Thank you.

I was thinking about a 50% pullback to 2125 but that may be overly optimistic. Perhaps an initial drop to 2250, then a retrace up, then a drop to 2125.

What do you think?

We await President Trump's next move on N Korea Talks, China Trade, EU Tariffs and Iran Sanctions. I think that's it. If his people know his next moves they could make a fortune.

[palwing13] 23/5/2018 12:44

Good luck Bracke....but not too much. ?

[bracke] 23/5/2018 11:18

Additional short trade taken.

1st @ 2225.83.
2nd @ 2310.85.

Average is 2268.34.

[bracke] 23/5/2018 10:36

There was probably going to be a gap drop the problem was forecasting it which was nigh on impossible to do. My intention/hope is to trade once a swing low is a good probability.

The share price has dropped to the rising ML where it is currently supported. Will support hold or will it fill the gap at 2296, or will it attempt to fill to-days opening gap.

I will be watching the price action closely for guidance.

[ianwwwhite] 23/5/2018 08:41

URI closed 4% down, (-7 @ 166.78) last night.

A similar drop for AHT might indicate a fall to around 2260ish.

Looks like we may have some way to go if we follow URI

[nick_dunton] 23/5/2018 08:25

Looks like Ashstead taking an early hammering on opening..

[lairddavid] 22/5/2018 21:07

United Rentals taking a hammering tonight....increase your short tomorrw bracke??

[3rd eye] 22/5/2018 14:43

Had a few bob in AHT Ashtead as per yesterdays notes/post. Forward P/E to 2019 of just over 16 looks cheap to me.

INVESTMENT RATIOS
2017 (A) 2018 (E) 2019 (E)

EBITDA £1,622.10m £1,757.72m £1,908.84m
EBIT £987.00m £m £m
Dividend Yield 0.99% 1.34% 1.46%
Dividend Cover 5.31x 4.09x 4.24x
PER 19.04x 18.30x 16.11x
PEG 1.32f 4.53f 1.19f
Net Asset Value PS 198.99p p p

[ianwwwhite] 22/5/2018 12:36

Good morning bracke, fenners,

Not sure whether we are 'there' yet, but I've just sold 10% of my diminishing number of shares at £23.68, to take some risk off the table.

Could be tempted to buy back if there is a significant correction in due course.

My faith in AHT remains undiminished, still a 'long' at heart with a residual holding..

dyor, if anyone follows my example, they have only themselves to blame!

[fenners66] 22/5/2018 10:52

Volume looks light

[bracke] 22/5/2018 10:48

Are we there yet?

AHT DAILY

[ianwwwhite] 21/5/2018 13:22

.
Frogs brace, brace for impact!! I think we're going in ...

Good luck everyone!

:-)

[bracke] 21/5/2018 12:42

Good day uppompeii

Points wise quite heavily, cash wise not overly.

Strongly considering additional short trade but will wait until US opens.

[uppompeii] 21/5/2018 10:48

How compressed are you feeling bracke?

[bracke] 21/5/2018 10:44

"The share price appears to be stretched"
================================

Famous last words of an AHT Shorter.

No messing with '300' gaped straight through it.

Still holding.

[ianwwwhite] 19/5/2018 10:06

Shorters are few and far between on this thread they usual get boiled alive
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Yes being of a compassionate nature, we decided 'hung, drawn and quartered' was a bit too cruel! :-)

For the 'longs', good to see AHT hung on to it's rise of approximately 3% this week, despite apparent headwinds..

[bracke] 18/5/2018 13:12

ian

"for the life of me, I have no idea why I am worried about your short!!!
=========================================================================

Must be your compassionate nature!


matt

Not a bunch just a brace.

Shorters are few and far between on this thread they usual get boiled alive.

[2flatpack] 18/5/2018 12:34

matt
no need to curse us!
Ashtead has already done that.
|Cheers

[nick_dunton] 18/5/2018 12:01

2400 I'll be out, and possibly shorting. Now seems a bit early, but I can't pretend to be chart literate, that's based more on a fundamentals approach and assumes no significant new information..