Ashtead Share Discussion Threads

[disc0dave45] 03/12/2022 13:18

Mr bI know, it was cheeky of me....but the hound told me to say it!.Anyway, after a few hours googling, how the chuff do they determine those NFP forecasts?, anybody?, do they also do lottery numbers I wonder!.Have a good day :)

[bracke] 02/12/2022 18:42

disc0

"“transitory” pmsl."
===================

That's a low blow. There really was no need for that........

The NFP was 31.5% above expected. As I type the S&P 500 is -0.58% below yesterdays close.

If the NFP had been 31.5% BELOW expected can you imagine what the S&P 500 increase would have been? Certainly some way above -0.58%!

I suspect it will take something very 'nasty' to bring the US Market down before the New Year.

[disc0dave45] 02/12/2022 15:23

Mr bIf it's a true representation of his / the FED's strategy then I suppose why not say it as it is......he's nothing to gain from completely discrediting himself - "transitory" pmsl.

[bracke] 02/12/2022 14:49

Something to consider:

Mr Powell's latest speech was only two days ago. Given that the FED has access to all the relevant data it would be surprising if he were not aware of todays data. Yet he still gave the market what they wanted to hear. Why?

[disc0dave45] 02/12/2022 14:23

Oct number has been updated to 284k from 261k so will Novembers show a marginal change when also updated?Https://finance.yahoo.com/amphtml/news/november-jobs-report-labor-department-december-2-225203710.html

[disc0dave45] 02/12/2022 13:53

Mr bLet's see if it shrugs it off!

[fenners66] 02/12/2022 13:44

20,000 construction jobs added - IN November....

[fenners66] 02/12/2022 13:37

NFP higher than expected at 263,000 but down from October's now revised upwards 284,000
wage inflation at 5.1 %
That is something that Powell wants to see lower so the risk is higher interest rates for longer

Which means US stocks fall - but so does the £ so those dividends are worth a bit more
though no where near the $1.07 level....

[bracke] 02/12/2022 13:05

Good day disc0

If the NFP is some way lower than 200k the market will probably go 'nuts' again. If it's higher it will probably 'shrug it off'.

I getting the impression that the market wants to keep things moving up into next year when company profits will feel the affects of increased interest rates and a drop in the market.......just my thought.

[disc0dave45] 02/12/2022 11:24

Good day Mr bBelieve non farm at 1:30pm, that will be interesting and hopefully support Mr P in his 0.5%.Forecasts: payrolls +200k (from 261k), unemployment rate from 3.7% to 3.8%.

[bracke] 01/12/2022 16:49

disc0

"I blame these pesky traders lol."
=================================

I agree.....I wasn't trading.


"some strange folk about!"
==========================

I know...I see one in the mirror whenever I look!

[disc0dave45] 01/12/2022 12:15

Good day Mr bYep I find it quite funny tbh, Powell repeats what was minuted and the market reacts again to old news - the adage that the market is forward looking is clearly a pile of pooh. I blame these pesky traders lol.Have a good one and be careful out there, some strange folk about!

[bracke] 01/12/2022 11:49

Good day disc0

Not so much smile as much laughter and merriment.

I suspect the market was straining at the leash to move up. Listening to what he said was the same as the minutes last week but the market latched on to rate increase could slow in December which was similar to the minutes.

Where now? Onward and upward or not?

[disc0dave45] 30/11/2022 19:27

Looks like Powell has made Mr Market smile!

[disc0dave45] 30/11/2022 18:10

PerfidoStill plenty of time.Mr P 18:30 - 19:30 I believe so will take a gander at the US indices to see how much additional money he is trying to make on the markets (cough cough).

[perfido] 30/11/2022 16:59

A promising start, but AHT closed a touch down at -16p @ 4975p at the close.

AHT 2Q results anouncement due 6/12/22. If URI is a guide, the URI 3Q results announced 26/10/22 were described as 'record'.

Here's hoping :-)
.

[perfido] 29/11/2022 19:59

Cheers disc0 :-)
.

[disc0dave45] 29/11/2022 18:09

Good luck perfido.

[perfido] 29/11/2022 15:50

Looks like 5100 may be an inflection point and if it can be overcome I am hoping to see the share price make further progress.

On this basis I have restarted my PCA (price cost averaging) experiment as a side hustle to my core holding, with a very modest initial purchase of 50 shares @ 5009p to which I will add if the price falls further.... fingers crossed & NAI :-)
.

[disc0dave45] 28/11/2022 19:57

No problem Mr bNumbers - wish the same could be said for my PF lolHave a good evening

[bracke] 28/11/2022 18:01

Thank you disc0.

Numbers.....I remember not so long ago billions were virtually never mentioned. Now they are all the rage and millions are everyday.

[disc0dave45] 28/11/2022 16:52

Mr bNo no it wasn't you, the person in question was immediately filtered a while ago now....but the hound and I never forget!.

[bracke] 28/11/2022 16:40

disc0

"according to someone on here I’m incapable of understanding too many numbers!."
===============================================================================

If you are referring to me I apologise. I certainly did not want to imply a lack of numeracy.

[disc0dave45] 28/11/2022 16:26

Thanks, don't know about having a firm grip!, according to someone on here I'm incapable of understanding too many numbers!.Have a good evening :)

[perfido] 28/11/2022 15:09

Thanks disc0

Always interesting to see how other people manage their portfolios, and measure performance.

It looks like you have a firm grip on your investments, I wish you good luck!