Ashtead Share Discussion Threads

[ianwwwhite] 28/11/2018 18:27

Hi bracke

Looks like rHatton beat you to 56065 of 56065!

In the meantime, am I right in thinking that two recent gaps were closed over the last few days?

[rhatton] 28/11/2018 18:20

URI up 3% tonight

[rhatton] 28/11/2018 18:07

Shorting attack? We’re the markers just really bad back in the beginning of 16?

[charker] 28/11/2018 18:04

This reminds me of that shorting attack when it fell from £15 to £7.70 in no time at all. When this falls it falls like a stone. £24 seems a long way away now.

[rhatton] 28/11/2018 17:39

Markets moving up across the pond after the fed speak.

[hatfullofsky] 28/11/2018 17:31

I was hoping for a rise into the update, we only have 8 trading days before it.

Unfortunately it's on the same day as the Brexit Parliament Vote and with Project Fear in overdrive and positives could be swept away if there is a Rejection.

They should bring the update forward by a day.

[rhatton] 28/11/2018 16:44

Just no positive momentum here really bar to the downside at the moment. Looks like a standard downtrend so far.

[hatfullofsky] 28/11/2018 16:35

For a moment I thought we were recovering, then the fall yesterday and today, standard volatility or something more serious.

Any views on the movement today ?

[discodave4] 26/11/2018 18:58

No problem Ian, thought it was interesting as well.All the best.

[ianwwwhite] 26/11/2018 10:19

DD - thanks, very interesting article.

It prompted me to look back over AHTs dividend record (table shows pence per share):



An impressively progressive dividend policy, particularly when you remember you could have bought AHT's shares at around 85p at the start of 2010. Does show the advantages of a 'buy and hold' strategy for this share, particularly in an ISA.

Interim results due 11th Dec, (Edit: see RNS 27/11/18 above) and I am expecting to see the usual uplift in the Interim div.

[discodave4] 25/11/2018 21:32

Nice to see AHT at the top of at least one table, ten year dividend and income growth.HTTPS://www.thisismoney.co.uk/money/investing/article-6424867/How-turn-trickle-shares-income-pool-wealth-rely-year-year.html

[bracke] 20/11/2018 16:40

They may well be rescuer but if the market is in major negative mode it will not do a lot for the share price

There is also market expectations. As we saw previously. If the results are good but do not meet what the market expected they get 'stroppy'. If I remember correctly it's what started the rot with the share price

[rescuer] 20/11/2018 15:47

results will be outstanding Bracke - i have no doubt

[bracke] 20/11/2018 15:27

Good day rescuer

I trust you are well.

The FAANG stocks are taking a pasting and as we know once the market takes fright they all go. They'll get a grip soon but what sort of Santa Rally we get is another matter.

[rescuer] 20/11/2018 15:15

hope you are all well.

One hell of a pull back here, not sure on the technical s (Fingers XXd / Bracke !!),

take the longer term upside, very cash generative, investment in equipment has been outstanding, reducing the average plant age - AHT in a great position for further acquisitions, mkt has the skits at the moment over possible recession concerns in the US.

ride the wave people,s the fundamentals are stronger than the share price would suggest,

you need the chart folk here for short term direction,

good luck all.

r

[bracke] 20/11/2018 13:33

Palwing

I would go for Microsoft. There will always be a demand for equipment hire and it would be costly for new entrants.

The share price had a superb rise and it was always a matter of 'when' not 'if' when profits would be taken. Once the drop starts from such an elevated position it gains momentum and usually over runs fair price. Hence my comment yesterday about looking for a long tail to a candle which would indicate a fair probability that the 'wash' was complete.

If 1700 fails to hold 1550 is a reasonable probability.

[discodave4] 20/11/2018 13:21

Getting crazy now.

[palwing13] 20/11/2018 11:46

Thanks Bracke. The dilemma we have is whether AHT is Microsoft or GoPro?

[discodave4] 19/11/2018 21:06

U.S house builder confidence fell to lowest in two years:HTTPS://www.marketscreener.com/news/U-S-Home-Builder-Sentiment-Posted-Steep-Decline-in-November-Update--27633948/May have played a part in today's dip. Must search the sofa for some more spare cash!.

[hatfullofsky] 19/11/2018 19:50

Bracke, thanks for the technicals. I'm hoping the Q3 update (11/12) reverses the trend here.

[discodave4] 19/11/2018 18:45

The yank FANGs take a drop and a plant hire company joins in!....unbelievable IMO.ConfusedNow.Com!

[bracke] 19/11/2018 17:06

And there's 1800.

Now what?

Refer to the chart at post 56029.

The last major low is at 1770. It may want to test this level. An intraday drop below 1770 followed by a close above it with a long lower wick would be positive. A close below 1770 especially if the close is at the lower end of the candle is negative and may suggest a further drop perhaps to 1700.

I suggest all share holders pray for a Santa Rally. I could suggest you also pray for a 'No Deal Brexit' which would send the £/$ down but apart from being unpatriotic the lower £/$ of late has not assisted the share price