Ashtead Share Discussion Threads

[discodave4] 29/6/2019 11:05

Gave it a decent effort yesterday but our friends across the pond seem to have halted the attempt.

[fenners66] 28/6/2019 23:21

2270 being a hard nut to crack

[discodave4] 28/6/2019 15:07

Hi bracke,In a word.....yep!

[bracke] 28/6/2019 14:49

Good day Disco

I think we can safely say that accumulation has been the order of the last eight/nine days. We have seen this before. If the accumulators think think there is more to come through tariff agreement/rate cut they will hold but we know what follows accumulation don't we. If there is any doubt look at the long term chart.

[discodave4] 27/6/2019 22:17

Thanks bracke,IMVHO profit taking Friday is odds on favourite....but wtfdik! :)

[uppompeii] 27/6/2019 15:19

Tis true, it was after saving bracke, by pleading to the council following his own personal infamous 'black swan' event, that the resentment set in...

[bracke] 27/6/2019 14:51

Good day ian

I think uppompeii is a little 'narked'. His application to the Guru Council for membership was rejected.

I think there maybe still hope for him as Guru.......third class.

[ianwwwhite] 27/6/2019 14:18

Well done bracke, keep up the good work, much appreciated :-)

[bracke] 27/6/2019 13:55

Good day uppompeii

Of course!! I am an Elite Guru.

Having said that I thought I was tempting fate with "the target has to be 2400 even if it retraces along the way". Somewhat brave of me don't you think.

[uppompeii] 27/6/2019 13:47

As ever an excellent covering of both bases!

[bracke] 27/6/2019 10:45

"so perhaps it will plough on to 2270 without the retrace."
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It did.

What next? If it can break out beyond 2270 the target has to be 2400 even if it retraces along the way.

[ianwwwhite] 25/6/2019 18:27

Thanks bracke, much appreciated.

[bracke] 25/6/2019 18:02

Good day ian

Given the recent large rise it would be unusual to continue the rise without a retrace. To-day it dropped back to test 2100 which held so perhaps it will plough on to 2270 without the retrace.

Tomorrow is likely to confirm if the breakout is good or not.

[ianwwwhite] 25/6/2019 17:40

Hi bracke,

As always thanks for your views.

Re: "If it can break above the last major high at 2210 it should be good for 2270."

We closed at 2229, following yesterdays 2223, with volume today indicated at 1.5mil.

In the TA world, is this the breakout you were looking for?

[bracke] 25/6/2019 10:46

Those of you who have been paying attention to my 'pearls of wisdom' will remember Post 56984.......you don't!!! I will remind you of a particularly pertinent sentence.
"If it can break above the last major high at 2210 it should be good for 2270."

It nudged slightly above 2210 but has so far been unable to progress further. Probably taking a breather following the continuous run up to 2200. If it is to go for 2270 a retrace first may be a good idea especially if Mr Trump sorts out Mr Xi Jinping.

If the tariff talks fail the retrace may become something else.

[bracke] 25/6/2019 10:30

Good day All.

57,000 IS MINE ALL MINE!!!!!

[smcni1968] 24/6/2019 21:19

RBC target price up to £28, they say the company did a good job explaining the business is less exposed to construction than it used to be

[discodave4] 24/6/2019 19:16

Does look like AHT has its mojo back, hopefully some "beat expectations" to come for this FY.IMVHO think the £2 eps is very conservative, particularly as the eps average growth for the last five years has been 30% (and buyback will help), could be £2.25, so £33.75 :)

[amaretto1] 24/6/2019 14:05

Any one seen Hatto recently ?

[smcni1968] 24/6/2019 12:50

Chairman bought 14,000 shares @ about £21

[bracke] 24/6/2019 12:40

"I do like the idea of £2+ eps and a share price of £30 though !"
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I bet you do!

[fenners66] 24/6/2019 11:43

Good morning Bracke.

I doubt that post had anything to do with it but rising sea levels might lead to some more infrastructure spending in the US.
Florida is potentially vulnerable and Sunbelt have depots there.

I do like the idea of £2+ eps and a share price of £30 though !

[bracke] 24/6/2019 10:37

Good day fenners

Looks like your post has pushed the share price up to 2200.

Anyone for a retrace?