Ashtead Share Discussion Threads

[fenners66] 21/6/2018 11:01

Sterling continuing to slide

[ianwwwhite] 20/6/2018 19:52

DD

Thanks

Talking of Andrews and his pitchforks, have you noticed he has not been around recently? I am told that police have not ruled out fowl play in the farmyard!

........ok, definitely my last post for a while!

[discodave4] 20/6/2018 19:40

IanThanks for your off topic posts, I have learnt something new today.......beats pitchforks and thingy me bobs! (just winding you up bracke).DD

[ianwwwhite] 20/6/2018 18:49

bracke,

I'm familiar with oxymoron when used for example in the context of 'military intelligence', but surely not 'technical analysis'? As for a bit of bad luck with a couple of trades, we've all got a story like that! :-)

I'm not betting on AHT moving up to 2400 in the short term, I stil think around 2370 is a fair price at present, but longer term the outlook looks more promising.

However I still think that shorting AHT is fraught with danger, the balance of risk favours 'holders' imho.

Nevertheless I am happy to be proved wrong, I think we have agreed that there is room for (almost) everyone on this board.

Talking of which, I have now exceeded my quota of posts for this month, I propose to resume my lurker stance for a while, we sloth investors don't like to over exercise :-)

[bracke] 20/6/2018 17:43

ian

I tend more to oxymorons.

Given my failed AHT shorts some would say that is very appropriate.

The attempt at gap fill was not a surprise. The interesting part is whether it will try to move up to 2400.

[ianwwwhite] 20/6/2018 17:38

AHT was quite lively today, a promising start to a recovery I felt!

[ianwwwhite] 20/6/2018 17:36

HI bracke,

Disappointed that you don't share my enthusiasm for palindromes.

I particularly like HANNAH - not only is she the same forwards and backwards, but also upside down too!

......ok that's my last word on the subject!

[ianwwwhite] 20/6/2018 16:42

dcarn

I noticed that as well, and as acquisitions and bolt-ons have become very much bau for AHT, the fact that Geoff mentioned them led me to guess that they might possibly be more significant than usual... we shall see

[dcarn] 20/6/2018 14:50

Just watched the webcast from yesterday, Geoff hinting there may be a couple of bolt-ons close to completion.

[ianwwwhite] 20/6/2018 14:11

Am I alone in noticing that the total number of posts on this thread (currently 55405) will provide a number of opportunities for palindromes shortly.

Can we expect an increase in activity as posters seek to capture the coverted 55555 for example?.....

edit: o.k. apologies for off topic then

[ianwwwhite] 20/6/2018 13:34

waldron

Thanks for your post, looks like we are quite popular with most of the brokers at present!

[kilgallp] 20/6/2018 11:47

Thanks Ianw, but I could have got them 40p cheaper if I hadn't dallied. C'est la vie!

[waldron] 20/6/2018 11:02

Home » Reports » Broker Ratings » Ashtead Group plc 22.7% Potential Upside Indicated by Numis
broker ratings
Ashtead Group plc 22.7% Potential Upside Indicated by Numis

Posted by: Amilia Stone 20th June 2018

Ashtead Group plc with EPIC/TICKER (LON:AHT) has had its stock rating noted as ‘Retains’; with the recommendation being set at ‘BUY’ this morning by analysts at Numis. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Numis have set a target price of 2800 GBX on its stock

[ianwwwhite] 20/6/2018 10:52

kilgallp,

Well done with your purchase, with hindsight, looks like your timing was pretty good :-)

[ianwwwhite] 20/6/2018 10:50

arab3

No, sorry, I don't use it...

[arab3] 20/6/2018 10:14

anyone know why the advfn homepage has changed ?

[bracke] 20/6/2018 10:04

Filling the gap.

[kilgallp] 20/6/2018 09:59

Added a few late yesterday, thinking we might follow last year's pattern....should have done it earlier!

[discodave4] 20/6/2018 08:21

Thanks Ian.

[ianwwwhite] 20/6/2018 07:42

DD

Thanks, most encouraging.

[discodave4] 20/6/2018 00:00

(Sharecast News) - Analysts at Jefferies said equipment rental company Ashtead is continuing to play the long game, targeting growth and market share gains. With Ashtead's fourth-quarter pre-tax profits coming in just 1% below expectations, Jefferies believed that the firm's yield, at flat year-on-year, was simply a factor of the business, given the company's maturity and point in the cycle, and that currently, with a lot of market share gain potential and further runway for volume growth, cannibalising its annuity growth with customers for aggressive rate rises would be unhelpful. Jefferies said that despite the decline in the drop-through seen in Ashtead's rental revenue growth in the fourth quarter, that had been the result of a number of items, including some one-offs, while the fall in its Canadian margins at the EBITDA level was solely the result of one-off costs linked with the integration of its newly acquired CRS business in Canada. Hence, it left its underlying assumptions "largely unchanged" even as it factored-in the recent tailwind from foreign exchange and slightly higher interest costs. Looking ahead, the broker forecast rate rises of between 2%-3%, although yield was likely to still be a drag. For fiscal year 2019, the broker expected volume growth of 12% and yield improvements of 1% from its Sunbelt Rental wing. All in all, Jefferies reiterated its 'buy' rating and 2,750p target price on Ashtead's stock, while over at Peel Hunt, analysts lifted their target price on Ashtead from 2,300p to 2,500p following the firm's "excellent" annual results.

[bracke] 19/6/2018 17:18

Good day uppompeii

No the opposite.

The Council congratulated me on my forecast of a drop to the previous high and my good sense to cover the shorts prior to the results.

They did comment that my first short was properly analysed but that I should have covered it earlier when it failed to act as expected.

They liked my thought that resistance would be probable at 2300....which it was.

It is also worth noting that it is at the lower dashed trendline.

The Council wished me well in my endeavours and looked forward to the next Chapter of 'Bracke v AHT'.

[ianwwwhite] 19/6/2018 16:44

Over 5 million AHT shares traded today (edited)

[ianwwwhite] 19/6/2018 16:41

DD

Great H&L article link above thanks.

IW