Ashtead Share Discussion Threads

[bracke] 02/5/2023 13:01

Good day disc0

Are you referring to that which must not be spoken.....or typed?

You will note a gap up but so far resisted at 4724.

[disc0dave45] 02/5/2023 12:17

On the basis of the share price action only, it looks like Mr Market likes the news this morning, just saying.

[fenners66] 01/5/2023 21:16

The Commerce Department released a report on Monday showing an unexpected increase in U.S construction spending in the month of March.

The report said construction spending rose by 0.3 percent to an annual rate of $1.835 trillion in March after falling by 0.3 percent to a revised rate of $1.830 trillion in February.

Economists had expected construction spending to edge down by 0.1 percent, matching the dip originally reported for the previous month.

[bracke] 28/4/2023 15:45

Good day disc0

Let's hope the sun stays out for the long weekend.

AHT up approx 20 as I type. 4414 provided support. Resistance possible at 4609 at but more likely at 4724.

AHT DAILY

[disc0dave45] 28/4/2023 14:35

Thanks Mr bThe suns out so would be nice to see some blue here too :)

[bracke] 27/4/2023 14:08

On the bright side AHT filled a gap AT 4522. Yes I know it's all a bit sad but us Elite Gurus like that sort of thing.

AHT DAILY




It seems URI results although better than same period of last year failed to meet analysts expectations. At the lower right of the chart click on the lightning symbol for comments on the results.

URI DAILY

[fenners66] 27/4/2023 13:13

Nothing to do with AHT but the guest
Brian Wieser Madison and Wall Principal
was a very accomplished speaker /guest on Bloomberg this morning...

[fenners66] 27/4/2023 12:14

Caterpillar 1st quarter EPS $3.74 vs $2.86 Yr / Yr

So where is the bad news ?

[disc0dave45] 27/4/2023 10:23

URI Earnings miss and the usual overreaction.Https://uk.finance.yahoo.com/news/united-rentals-uri-misses-q1-220510239.html

[fenners66] 27/4/2023 08:20

What have the markets seen in the URI update to upset them?

[fenners66] 26/4/2023 22:57

"The decrease in net income margin primarily reflects the impact of the Ahern Rentals acquisition on both rental and used equipment gross margins, and higher interest expense,"
"Interest expense increased $56 million, or 59.6%, primarily due to increased average debt related to the funding of the Ahern Rentals acquisition, and higher variable debt interest rates"

Return on invested capital (ROIC)9 increased 220 basis points year-over-year, and 40 basis points sequentially, to a record 13.1% for the 12 months ended March 31, 2023. The year-over-year and sequential improvements primarily reflect increased after-tax operating income.

[disc0dave45] 26/4/2023 22:21

URI Record Q1 and reaffirms guidance for FY23.But the share price down 6.8%

[fenners66] 26/4/2023 22:16

URI
"On a pro forma basis, including the pre-acquisition results of Ahern Rentals, first quarter rental revenue increased 16.6% year-over-year, supported by a 12.2% increase in average OEC and a 5.9% increase in fleet productivity"

[perfido] 26/4/2023 17:05

URI Q1 earnings press release due later today, looks like AHT is expecting good news?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
United Rentals, Inc. (NYSE: URI) will hold its first quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 27, 2023 at 11:00 a.m. Eastern Time.
The company’s first quarter 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, April 26, 2023.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
.

[disc0dave45] 21/4/2023 16:40

Good day Mr b"My apologies. I meant the current US results not AHT."Oh"Your faith in Mr P is touching."Meant one way or another he can make the markets / AHT move......have little faith in any of the so called experts!.

[bracke] 19/4/2023 17:49

disc0

My apologies. I meant the current US results not AHT.

Your faith in Mr P is touching.

I was looking at a chart a couple of days ago showing US government debt from 1970 to date. One has to think at what point does it all come to an end and what will cause it to do so.

[disc0dave45] 19/4/2023 16:20

Good day Mr b"The market is in 'wait and see mode' until company results are declared."That's about 2 months away, do hope it decides which way to go before then.....I'm sure Mr P will sort it in a few weeks :)

[bracke] 19/4/2023 14:04

Good day disc0


It just about managed to cross on Monday and made a half-hearted attempt on Tuesday to move up but lack of support resulted in a cross back down. Today following a drop on opening it has returned to yesterdays close.

The market is in 'wait and see mode' until company results are declared.

[disc0dave45] 18/4/2023 19:08

Good evening Mr b"To cross, or not to cross? That is the question."Take care, apply the green cross code but most importantly mind those gaps.

[bracke] 18/4/2023 12:22

Good day fenners

There are several types of moving averages:

Simple.
Weighted.
Exponential.
Double Exponential.

The exponential gives more weight to the more recent days whether they be low volume swing days or not but their influence reduces faster than with the simple moving average.

Depending on your method of trading you may opt for the exponential it's a matter of choice.

The SMA 200 day average is used as a key indicator for assessing longer term prospects.

[fenners66] 17/4/2023 23:08

Hi bracke
looking at the chart you supplied - that's using the Simple moving average ?
Why not the weighted moving average ?
I would have thought that carries more .... weight ..as its not going to be skewed by low volume swing days ?

[bracke] 17/4/2023 14:20

To cross, or not to cross? That is the question.

AHT DAILY

[disc0dave45] 13/4/2023 18:17

TaAgree :)