Ashtead Share Discussion Threads

[bracke] 06/11/2019 16:36

perfido

"Old age takes its toll, or so I'm told... :-)"
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I wouldn't know. My misinterpretation was merely a passing aberration.

Similar to the US Markets the share price has flat lined at support. I presume all are awaiting Mr Trump's response to the Chinese.

[perfido] 06/11/2019 13:54

Re 57372, thanks bracke.

Old age takes its toll, or so I'm told... :-)

[bracke] 06/11/2019 11:43

Post 57360

"The long wick on to-days candle suggests a reversal, particularly as it failed to hold above 2400. If it is going to reverse 2357 is likely to be the next support zone."
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At 2357 support zone.

[bracke] 06/11/2019 11:24

Good day perfido


"Thanks bracke, but how does that differ from yesterdays RNS above?"
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I thought it was a new RNS about take up as opposed to offer but I am easily confused as you know.


Good day rescuer

I trust you are well and still rescuing.

I remember you tipping it previously. I am very wary of AIM shares but I do accept that they can be very profitable. I note that since you posted about them the share price dropped but has since risen to just above the ML at 4.90p. They are now dropping back and at 4.27 as I type.

It's sobering to look at a long term chart which shows them at 130 in May 2007 from which it plummeted down to 7.27!! Since 2015 it has bobbled along between 2p and 6p so there is money to be made if you catch it right.

I would not be a buyer at the current level but might consider a dabble if it dropped back to lower levels.

[rescuer] 05/11/2019 20:53

Fenners / Bracke

the old timers -

have a look at JLP - maiden profits to be reported this month,

tipped it on here in March at 3p -

it's a multi bagger in the making over the next 18 months.

DYOR and all that -

I took a large position in March - now all the company ducks are lined up.

hope you are all well

R

[perfido] 05/11/2019 18:24

Thanks bracke, but how does that differ from yesterdays RNS above?

[bracke] 05/11/2019 11:04

Thanks fenners.

I was attempting to post a chart yesterday without success (new upload site Imgbb). Maybe better luck this time.

AHT DAILY

It seems not!!

Works when uploading to another site but not with ADVFN.

[fenners66] 05/11/2019 09:19

Bracke - I thought I had read yesterday's (monitor) news and hence saw the Alliance News snippet as something new.
Then looked down the list and noticed I had missed the detail re the tender.

I say detail but , I want to know exactly how much all this costs in fees ( wait for it ....exceptional items !!) and the interest cost year on year note the 3% redemption premium + accrued interest.

As far as URI getting a better rate.... could be they have a better credit rating, could be they have more friends, could be the duration but that steep a curve at the long end ?Could be they are better at negotiation ?

And If AHT were borrowing £1bn less ?
Well no interest, no fees, better credit rating, better interest rate on all other borrowings.....

Someone who has money , can borrow money far cheaper than someone who needs to borrow....

[2flatpack] 05/11/2019 09:05

Morning fenners
Just noticed URI have an offer very similar to AHT's, but only offering 3.875% on 2027 note, as against our 4% on a 2028 note.
I assume the additional cost is due to the extra year.
Cheers

[bracke] 05/11/2019 08:52

Good day fenners

What "Alliance news" are you referring to?




Yesterdays opening gap now filled.

[fenners66] 05/11/2019 07:19

Sorry just noticed article further down

[fenners66] 05/11/2019 07:17

Can anyone see beyond the paywall off Alliance news and tell us anything about the $1.2bn tender?

[hydrogen economy] 05/11/2019 02:27

DavROs

I won't comment on the wisdom of other people's shorts (it's not a practice I engage in). The 52w high (2358) was breached but note that the all time closing high was 2438 on 1st Oct 18 and seems like resistance.

Within 3 months of that high AHT had plunged to close at 1586 in the aftermath of the much maligned FED hike. Personally I am grateful to Mr. Powell for the best buy-in opportunity for a long time, but have now sold most of my holding in expectation (hope) of another top-up opportunity. Enough people at home and abroad with an angle of attack to cause a market drop, but is there anyone who can turn off the MCAS?

[davr0s] 04/11/2019 19:25

It's a breakout with a retest which is pretty normal but no one knows where price is going to go from here

[bracke] 04/11/2019 17:16

The Daily chart is worth a look.

The long wick on to-days candle suggests a reversal, particularly as it failed to hold above 2400. If it is going to reverse 2357 is likely to be the next support zone.

[bracke] 04/11/2019 15:04

Drat! I missed the retrace back to 2430.

[davr0s] 04/11/2019 13:25

Why short a share making 52w highs - that's bullish

[2flatpack] 04/11/2019 13:07

Afternoon All
Top sliced @2418.
Opened small short @2418.
As always I live in hope.
Cheers

[bracke] 04/11/2019 11:18

A sizeable gap to-day and no evidence that it's a breakaway. I am watching the price and considering a short following a retrace back up.

[perfido] 04/11/2019 08:47

Sold a further 10% of my residual holding at 2427.2p - what might be termed 'a covered short'

Happy to repurchase if the price falls back significantly...

[2flatpack] 02/11/2019 16:24

Afternoon fenners,bracke
Short stopped at 2385.
Originally was hoping for £24 plus from the inverted head and shoulders, but it looked to have stalled with URI pulling back.
Yep no balls of steel , but still happy with my top slice.
Will top slice again hopefully when/if it go,s over £24 and then I may try another short just for you fenners.
Cheers

[fenners66] 01/11/2019 22:29

2 flat if your short announcement has that effect on the share price, can you announce one every day please ?

[bracke] 01/11/2019 16:11

Good day 2flat

Looks like it wants to go to 2400. Whether it will then push on to attempt a new high I don't know.

My indicators are not yet suggesting a longer time frame short so I am keeping my powder dry for the time being.