Ashtead Share Discussion Threads

[bracke] 03/10/2018 11:16

It's always interesting to view the three month chart above and compare volume and price action. Yesterday was sellers day from start to finish, no wicks just straight down.

Looking at the 3.5 million in August. That was quite a fight with buyers holding the day. The day after buyers encouraged by their success of the previous day tried to push it further but sellers regrouped and put buyers in their place.......and so the fight continues.

[ianwwwhite] 03/10/2018 11:11

2fp

Lol! I am aware of the problem, and to your list I would add 'going downstairs to get something, which is immediately forgotten on arrival' :-) happens frequently....

[2flatpack] 03/10/2018 10:51

Lucky you ,
I have problems remembering where I put my glasses never mind the scotch.
Cheers

[ianwwwhite] 03/10/2018 10:48

Hi bracke,

I was dropping a subtle hint, in the hope that AHT might deliver, another 2 for 1 might possibly make the shares a bit more attractive or 'marketable'?

[bracke] 03/10/2018 10:37

Good day ian

"Yes I do remember the script issue of Nov '97"
================================================

Are you hoping for another?

[ianwwwhite] 02/10/2018 18:12

bracke

Thank you, although I have been a holder since August 1997, it does no harm to be reminded - cheers

edit: Yes I do remember the script issue of Nov '97 - does anyone else?

[bracke] 02/10/2018 17:29

ian

Just bear in mind that AHT is a cyclical share.

[ianwwwhite] 02/10/2018 17:12

Hi bracke,

Quite a day, and if day traders are managing to read it right, good luck to them, but not my sort of game.

I'm still looking for a dip to around 2258 to buy a few more, with the intention of including them in my long term holding.

I expect by around Xmas things will look a bit brighter :-) Patience required, but Q2 results due 11th Dec might improve sentiment.

[bracke] 02/10/2018 12:32

Good day ian

Once again the share price is sent back. Full marks for persistence. It's tried four times to break up but each time sellers move in and down it goes. Has this become a day trading share;it's been trading in a 100 point range for three months.

[bracke] 02/10/2018 12:26

Good day fenners

I couldn't resist it.

I think your 'placing' theory is probably correct. Why would anyone buy them unless they had an immediate way of selling them for a profit.

It seems to me that oil and mineral exploration is a 'legitimate' way to lose money and a clever way for directors to make money. Failure to find oil, diamonds, etc is not illegal and it provides an opportunity to tap investors for more cash for 'an exciting new opportunity'.

[discodave4] 02/10/2018 11:31

Morning Ian.All my PF are red so far, not helped by a 7% discount placing in one as well as going ex rights in another.Oh well.Have a good day sitting on your hands!.DD

[fenners66] 02/10/2018 10:58

I see you got over to the PET thread Bracke - for an early morning chuckle....

It amazes me how the "market" continues to fund PET and CLON etc.

However it seems that they issued an RNS with a "woolly" positive and then set up the "placing" well below the newly ramped up market price, after which there was a huge slug of trades and the market price drops back to the placing price.....

Couldn't be those placed shares were offloaded could it ?

That would indicate someone may have managed to make a profit....and there could be an explanation..... rinse and repeat.

[ianwwwhite] 02/10/2018 10:56

Good morning bracke,

Thanks for the interesting link above.

"Such are the trials and tribulations of being an AHT shareholder" ... we suffer in silence, and just count the profits for solace! :-)

[ianwwwhite] 02/10/2018 10:52

Good morning DD,

There seems to be a general malaise in the market this morning, around 90% of shares I watch (but not necessarily hold) are showing red. The dollar is up at £1.2965 at present though.

As you probably know October does have a certain reputation as a difficult month, to quote Schwartz "Bull market bashes end with October crashes" (no I didn't make it up!)

In these circumstances this is where we 'sloth investors' comes into our own, with our motto, 'do nothing, avoid criticism' :-)

Roll on November when the prospects are a lot more promising apparently.

[bracke] 02/10/2018 10:45

Good day Disco

Such are the trials and tribulations of being an AHT shareholder.

[discodave4] 02/10/2018 09:31

Thought we were going to see the back of £24!, doesn't look like it though ?

[bracke] 01/10/2018 13:33

Good day fenners

Depends how you define each of the options.

[fenners66] 01/10/2018 11:06

If you are a patriot no deal - good , great deal - good , bad deal - bad.

[bracke] 01/10/2018 10:55

Friday was an All Time Intraday High of 2461 and an All Time Closing High of 2437.

As ian's chart above illustrates the share price is heavily influenced by the £/$.

If you are a shareholder...... Brexit Deal - Bad. No Deal - Good.

Of course you are all patriotic to the core and would not think of putting your financial well being before the good of the country.....you wouldn't would you?

[lairddavid] 28/9/2018 10:37

You can allways rely on our resident GURU !!

[ianwwwhite] 28/9/2018 09:57

Ashtead and US dollar price comparison over six months, to date:



key:
Ashtead price in green
US dollar/pound rate in blue

[ianwwwhite] 28/9/2018 09:37

Promising start this morning.

I was attempting to post an AHT price to US dollar comparision chart for the last six months but unfortunately the technology has defeated me for the time being.

However, I think the chart does make interesting viewing, so I'll try again later. :-(

[bracke] 27/9/2018 17:14

A good close. Close to its high of the day and 2440.

All in place for a thrust beyond 2440.......or not?