Ashtead Share Discussion Threads

[uppompeii] 15/5/2019 14:41

He did!fennersPerhaps a heartfelt plea to the Board to divert buyback cash to the dividend?

[ianwwwhite] 15/5/2019 12:42

bracke

re: I sold my holding in AV. a long while ago but follow them for old times sake.
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In the circumstances, I'm surprised you didn't think to mention the recent AV. share buyback, completed Sept last year - ironic really!

As for fenners long awaited letter to AHT about share buybacks, perhaps he should be writing to AV. as well, to seek reassurance as a prospective shareholder?

:-)

[bracke] 14/5/2019 13:48

Good day uppompeii

Yes I can fully imagine that is the case but I give no guarantee that I will stay away!

[uppompeii] 14/5/2019 13:07

Oh and how we miss you!

[bracke] 14/5/2019 13:00

fenners

Perhaps a heartfelt plea to the Board to divert buyback cash to the dividend?

[fenners66] 14/5/2019 12:40

Thanks Bracke.

I asked because I have not got the time to do the proper research - but noticed its at the lower end / higher div and I could do with some more divs (since AHT is not paying enough!/as much as it could/ should ).

[bracke] 14/5/2019 11:30

Good day fenners

I sold my holding in AV. a long while ago but follow them for old times sake.

Following the large fall it has pulled up and has been operating for most of 2019 in a range between 407-440. It's currently at the bottom of the range so buyers may consider it a buying opportunity as shown on the daily chart shown below.

Scroll below the daily chart for the 4 hour which shows the more imnediate price action.

AV. DAILY CHART




The four hour chart gives a close up of the recent price action. You will see that the share price reached the ML of the blue Mod Schiff PF. It then dropped and has made two lower highs. It's now at the cusp. Continue up from support or drop down to the ML of the red PF. If it does the latter it will drop below the last significant low (black horizontal line) which would not be a good omen.

If I bought this share now I would be watching price action if/when it rose to the dashed black line or if it fell below the solid black line.

AV 4 HOUR

[fenners66] 14/5/2019 09:44

Bracke are you still following Aviva ?
Noticed their dividend yield currently about 7.5% with maybe a small increase to come ?

Are there any skeletons in the accounts / charts that you are aware of ?

Cheers

[discodave4] 13/5/2019 19:08

Not looking good across the pond.

[bracke] 13/5/2019 10:55

Good day uppompeii

I look forward to giving you a good squeeze but no hugs, people will talk.

In the meantime the share price holds at the low 2000's. It seems that the markets think that Mr Trump's tariff increases are a ploy and that the Chinese will come to terms with the USA. Either way a large move up or down in the markets is in the offing.

[uppompeii] 10/5/2019 19:07

Hmmm, I'll pop in and see you in the reptile enclosure...

[ianwwwhite] 10/5/2019 18:17

bracke

lol!

Anyway, have a good weekend!

[bracke] 10/5/2019 18:09

ian

I did post "first support zone" no mention of "arbitrary intermediate support". Neither did I 'forecast'. I referred to 'events' and 'suspect' knowing that a simple tweet from Mr Trump could have a considerable affect. It would have been remiss for me to have not mentioned such a possibility.

You need to be very cautious when casting veiled aspersions in the direction of Elite Gurus. They are not to be trifled with unless of course you would like a visit from 'The Management'!

As for uppompeii........unfortunately the practice of placing Enemies of the Gurus into an arena with lions is no longer considered PC. However perhaps the offer of a free trip to Longleat may prove useful........

[ianwwwhite] 10/5/2019 17:23

Good afternoon bracke,

Ah, I see, I had no idea that 'low 2000' was anything other than a arbitrary intermediate support point between your forecasts of 'will either send it back up to 2200 or down to maybe even 1700'

Thanks for your clarification, and I'm sure uppompei will be in touch on the 'trumpet issue' in due course :-)

[bracke] 10/5/2019 15:31

Good day ian

You only had to go back to my post 56751. I wouldn't want you to over strain yourself so I have copied the relevant paragraph for you.

"Given the above it's not surprising that the share price failed to 'hold on'. Under normal circumstances the first support zone is in the low 2000 but...........I suspect 'events' will either send it back up to 2200 + or down to maybe even 1700."

BTW. When I posted

"I have little doubt that this comment will attract a certain person to comment about 'blowing own trumpet' so thought I would provide the following link to add a little culture to his day."

I was not referring to you.


Good day Disco

Yes indeed. I certainly get the brickbats on the very rare occasion when I get it wrong.

[discodave4] 09/5/2019 22:52

Hi bracke,Well you know what they say, if you don't blow your own trumpet nobody else will.........toot toot :)

[ianwwwhite] 09/5/2019 18:21

Good evening bracke

When claiming success, it would be helpful if you identified which of your manyfold forecasts you were claiming had found the target...

I'm reluctant to trawl back though too many posts, so a post number or date might be helpful if we are to give you any credit you deserve :-)

In the meantime, looks like there will be more bloodshed tomorrow, unless Trump pulls something out of the hat...

[bracke] 09/5/2019 14:11

Comrade Trump (do they say 'Comrade' in Russia these day?)will likely be extricating himself from the previous proclamation of tariff increases to commence on Friday. Given his aim of keeping the markets high he knows that if he goes ahead with the tariff increase the markets will drop and may forget to stop until they are some distance down.


In the meantime I note that the share price has dropped to first support as mentioned previously. I have little doubt that this comment will attract a certain person to comment about 'blowing own trumpet' so thought I would provide the following link to add a little culture to his day.

[discodave4] 08/5/2019 21:43

In the Kremlin?

[fenners66] 08/5/2019 12:58

Where will he be sitting at the time.... Elvis could do that on the loo...

[bracke] 08/5/2019 11:13

Yes of course. As if Mr Trump or others were benefiting...........but you have to admit how profitable it would be to have a 'heads up' on Mr Trump's tweets.

Friday will be interesting given that the additional tariffs come into force. What chance 'everything is beautiful' and no additional tariffs. The market flies and Super Trump proclaims his prowess.........because he can eat six burgers at a sitting.

[discodave4] 07/5/2019 21:30

Exactly, perish the thought that he or is family or close friends would benefit from his shenanigans!.

[fenners66] 07/5/2019 20:31

At least it's not as if Trump is in business or has friends invested in shares though is it ?
He will be just innocently trying to inform his country as to how things are going.

Now if he was a wheeler dealer billionaire....

[bracke] 07/5/2019 11:29

Mr Trumps tweets are worth a fortune to those who know what he's going to tweet.

When the market falls he pulls it back up with tweets that the tariff talks are going well and nearly at agreement. Then when it suits he tweets the Chinese want to renegotiate what has previously been agreed and he will increase tariffs this Friday.

Of course the market loves the volatility. From the close on Friday to the futures low yesterday was nearly 600 points. It provides an indication of the likely result of a failure to agree the tariffs.

Given the above it's not surprising that the share price failed to 'hold on'. Under normal circumstances the first support zone is in the low 2000 but...........I suspect 'events' will either send it back up to 2200 + or down to maybe even 1700.

We are in the lap of the gods or more accurately in the hands of Mr Trump, what a terrible thought!

[discodave4] 06/5/2019 00:18

Tango man has been tweeting about Chinese tariffs sending markets down out of hours.Looks like it could be a volatile week......good job bank holiday tomorrow.