Ashtead Share Discussion Threads

[smcni1968] 10/9/2019 07:26

Jeffries raises target to £32 from £27.50- do I assume they like the results

[bracke] 09/9/2019 18:05

fido.......I suppose 'bad dog' is also an option.

Spikes whether they be caused by Trump, NFP, FED, etc are all good to trade.

[perfido] 09/9/2019 17:57

Good day bracke,

Interesting, glad to hear someone is benefiting from Trumps 14,000 tweets in 1,300 days!

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'BTW Your new name has something of the canine about it.'?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Glad to see you have moderated your opinion from 'perfidious, wicked, malicious' , give a dog a bad name springs to mind!

[bracke] 09/9/2019 17:44

Good day perfido

BTW Your new name has something of the canine about it.

For intra and day traders Trumps tweets are like gold dust. You can either jump in quick following the direction and/or wait for the indices to reach the zenith or nadir and then trade the reverse.

If you are in a trade when the tweet is made your stop loss should deal with it or if you have failed to use one hold and wait for the reverse but you may need a healthy account to cover the draw down.

[perfido] 09/9/2019 17:33

Something I've wondered about - how do Trump's tweets affect the Stock Market?



Now if only we could get an early insight into his tweets, we could definitely benefit, although the window of opportunity is quite short apparently.... food for thought?
.

[perfido] 06/9/2019 21:46

Whether you are in favour or not, the cost of the share buyback has now reached a round £800m according to my calculations, with a notional profit of £84.3m on the current value of shares purchased over cost to date.

I expect Tuesdays AGM will confirm this

[perfido] 06/9/2019 17:56

After a promising start AHT failed to capitalise, and subsequently fell below resistance around 2300 again.

I think progress is not being aided by the whipsawing of the sterling/dollar rate. Lets see whether the AGM next week gives further encouragement, in particular confirmation of trading conditions would be welcomed.

[perfido] 05/9/2019 17:50

Thanks bracke

Fingers crossed for an AHT Friday rally tomorrow then!

:-)

[bracke] 05/9/2019 16:14

The rising £/$ has not assisted the cause to-day.....now if Boris was to be victorious perhaps it would help.

BTW

To break into new ground it would need to move above the last high which was 2461 intraday and 2437 closing on 27 Sept 2018.

[perfido] 05/9/2019 16:00

Still struggling to overcome resistance above 2300

In the meantime RNS confirms 1st quarter results for the period ended
31st July 2019 will be announced on Tuesday 10th September 2019.

Will this provide the impetus we need we to break new ground and reach new highs?

We live in hope...

[yertiz] 05/9/2019 10:46

Would be good to see AHT break through the 3200 barrier! Even more quids in lol, but lets not be too greedy and get though 2300 first!

[perfido] 05/9/2019 10:41

good morning bracke,

Nice to see AHT tackling the 3200 resistance barrier again, but although I might have been tempted to top up if the price had dipped to the 2100's the opportunity never came.

Happy to sit tight on my current holding, and looking forward to the divi next week :-)

[bracke] 05/9/2019 10:16

That's a lot of volume yesterday and mostly buying by the look of it. ian I presume you got your purse out.

[bracke] 30/8/2019 15:02

Good day hatfull

I was thinking they might be moving out of bonds into equities, but it looks more likely it was the Chinese statement.

Another 'chunky' move up to-day towards 2300. It appears the chart pattern conforms closely to a 'Head-and-Shoulders Bottom' (see link). No target is given but 2300 seems highly likely.

[perfido] 30/8/2019 09:38

Interesting point hatfullofsky

Upcoming key financial dates reminder:
* 10/09/19 AHT Q1 results
* 10/09/19 AHT AGM

* 13/09/19 AHT Annual dividend paid (33.5p)

* 21/10/19 URI Q3 2019 Earnings Release (Projected)

.

[hatfullofsky] 30/8/2019 08:26

Bracke - not so sure on end of month book balancing, that's normally selling down and banking profits more so at qtr end.Is the recent strength due to the impending Q3 update - hope so.It's got some significant resistance to get through but if we break 2400 before the update I'd be very happy

[bracke] 29/8/2019 17:19

Closed on a higher high with volume 1.12 million which suggests most of it was buys. The candle is solid up.

What next? Ideally carry on up towards 2300 maybe with a retrace along the way. A retrace to test 2200 is likely but a close below that level would not be encouraging.

With so much news pulling and pushing the market it could go either way.

[perfido] 29/8/2019 15:39

Good afternoon bracke,

Thanks for you views... nice to see a bit of blue for a change

[bracke] 29/8/2019 12:54

A good move up this morning and threatening to form a higher high! It makes my thought of a 1950 lower low incorrect. Am I retracting? certainly not. Like all the best brokers I did not give a time scale.

It's ironic to think that if Boris manages to obtain a deal the £/$ is likely to soar and the market fall.......on the other hand no deal is likely to raise the share price

I presume that those of you who may benefit from a no deal result will donate some of your profit (say 25%) to the Save Britain Fund which I will be forming.

[perfido] 29/8/2019 10:49

You're welcome.

Nice to see AHT having a bit of a bounce this morning, possibly due to sterling's fall?

[thompsonnic] 29/8/2019 09:25

perfido/iww

Thanks for the updated information.

[perfido] 29/8/2019 09:05

Hi Thompsonnic

I should explain that the example I quoted is an illustration of what might be considered a structured investment portfolio with varying levels of risk and reward over various products. Other people may well have different views of what constitutes a model portfolio.

However the NSCs I mentioned were closed to new savers in 2011, but any existing certificates have continued and can be rolled over at maturity. Currently around 500,000 people use them for their savings.


Footnote:
Index-linked savings certificates (NSCs) were savings bonds issued by NS&I. Terms on offer for existing holders are two, three and five years, and for each term they pay a return of the inflation rate (was RPI 2.8%, now CPI 2.1%)plus an extra 0.01%

While this is hardly going to set pulses racing, it’s one of the few guaranteed ways savers could make sure that some of their money keeps pace with inflation, almost risk free. Plus any returns are tax-free, and as with all NS&I savings they are backed by a government guarantee.

Apologies for off topic - IWW

[thompsonnic] 28/8/2019 23:51

perfido/iww

Thanks for the information regarding mutual funds, Cash Isas and NSCs. I will have a look at them and investigate. I have a Cash Isa that I opened years ago as a backup in case of financial problems if they occurred, but did not contribute to it since the original amount was invested.

Whenever people give any information I always investigate and if I like what I see I sometimes try it out. I have always gone by the code that if I act on someone's information and it doesn't work out then the blame is only accountable to me for my action.

Thanks again

[perfido] 28/8/2019 20:20

bracke

lol! I think I better leave it there, before our more serious posters get riled, and have me prorogued, I hear it is all the rage today.

In the meantime, AHT seems to be sliding ever downwards, tho' not enough to temp a top up yet, do nothing still remains my preferred strategy