Ashtead Share Discussion Threads

[palwing32] 22/2/2024 12:54

Thanks Bracke, appreciated. Will the share price stay within the wedge or break through?...History suggests the former, although you mentioned it could break either way before getting to the end. Oh, to have a crystal ball. Thanks again and regards.

[bracke] 22/2/2024 11:33

Good day palwing

Not yet at the top of the big wedge on my chart, you may have yours drawn differently. It needs to get to 5550 to reach the top and after that break above the last major high at 5562. The gap hunters will have seen the gap up this morning from 5382 remains unfilled.

AHT DAILY

[palwing32] 22/2/2024 09:36

Touching the top of the big wedge....where next?

[fenners66] 21/2/2024 14:36

Luxary US housebuilder says order book rose 40% and share price has hit a record high results and forecast beat.

I know AHT are not focussed on supporting housebuilding but with new houses comes infrastructure and some plant hire so it adds to the sentiment.

[disc0dave46] 19/2/2024 13:38

FED minutes I believe are this week - will be interesting to state the obvious!.

[fenners66] 16/2/2024 17:52

What was I saying about volatile ?

[disc0dave46] 16/2/2024 16:51

Good afternoon Mr bIt was perky today, even after the US's slightly bearish opening (note it's recovering as i type)."Earnings and Revenue are due on 05 March. Perhaps they will help to decide on the share price direction."Without doubt :)

[bracke] 16/2/2024 16:32

The share price has broken up out of the Little Wedge to resistance at 5378. This is the fourth occasion it has been resisted at this level. It has also filled the gap at 5278.

Earnings and Revenue are due on 05 March. Perhaps they will help to decide on the share price direction.


AHT DAILY

[disc0dave46] 15/2/2024 14:42

Good day Mr bThanks, those pesky gaps.US retail sales down 0.8% v 0.1% forecast.US jobless claims 212k v 220k forecast.Perhaps Mr P is suffering from the same alleged problems that Mr Bailey is experiencing - the latter has now blamed poor jobs data for the BoE forecasting errors!. A bad workman always blames his tools leaps to the forefront of my mind!....numpty.Have a good day.

[bracke] 15/2/2024 13:24

Good day disc0

It will be interesting to see if the US data today confirms the US inflation data or not. In the meantime the UK enters a 'technical recession' but no rate cuts until inflation is at 2%....isn't it?

AHT share price remains within the horizontal range and remains within the small wedge. I have added two gaps at 5170 and 5278.

AHT DAILY

[disc0dave46] 14/2/2024 18:43

Good evening Mr bMeant to post yesterday to thank you for your pretty chart yesterday :)Who'd have thought the US inflation was hotter and the UK was cooler than forecasts. Would still put money on the US cutting before the UK......but Bailey will simply follow anyway, probably the day after! lol

[disc0dave46] 14/2/2024 11:31

Hi PerfidoThey seem to be there now, I'm assuming on the back of your query?.I've noticed for some time my RNS email alerts have not been working but I also use ResearchTree as my back up (lots of other sites offer similar notifications).

[perfido] 14/2/2024 11:03

With further research, I have found that other than buybacks, the following RNS is also missing:

31/01/24 RNS: NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE -INTERIM DIVIDEND

I tried phoning ADVFN support, but got 'there is nobody available to take your call' message.
.

[perfido] 14/2/2024 10:55

Is it just me?

Although the AHT daily share buyback operation continues, the usual RNS messages are not appearing in the ADVFN News section of this board.

Is this a cunning plan to avoid agitating the 'anti-buyback' lobby ?
.

[bracke] 13/2/2024 14:15

SP supported exactly where expected.

AHT DAILY



US Futures have not taken kindly to the inflation data. The Futures take it down will the Cash take it up as usual?

[disc0dave46] 13/2/2024 13:38

US inflation coming in slightly hotter than forecast.

[fenners66] 13/2/2024 12:41

This share is becoming so volatile !

Reaches 5300 for a bit then any excuse and someone is selling down again...

No doubt somebody is making a packet trading this ....

[disc0dave46] 08/2/2024 19:47

Yep got my 12.4p :)

[perfido] 08/2/2024 14:53

Hi Riley,

Thanks, I've just come in and checked and mine has arrived too :-)
.

[riley109] 08/2/2024 14:13

Afternoon perfido the div has always shown first thing but the way things are with aberdeen who now own II cynical me thinks they are hanging onto the money for as long as possible.Just checked and it's finally gone in!.

[perfido] 08/2/2024 13:48

Hi Riley,

Me too!

My div hasn't reach my account yet with a different institution. I will be checking at COB later, although divs do sometimes take a day or two to register ...
.

[riley109] 08/2/2024 09:34

As of now my div has failed to reach my acc at II,wonder if this is a result of Aberdeens woefull performance.

[disc0dave46] 07/2/2024 20:12

Good evening Mr bPsychic- sorry meant I was going to ask you about S&P500 TA, then you posted about it.Think it's always going to look overdone and then keep going up. The ETF is for my longer term fund type PF so may just bite the bullet. Interest rates will be cut its whether that's already priced in - which is the billion dollar question.

[bracke] 07/2/2024 16:23

Good day disc0

Psychic? No. Barring a major market negative event it was always going to go for it. The US market likes such psychological milestones.

What next? My understanding is that the options market is not currently biased above 5000 so likely to be a pause.

From previous experience when such milestones are attained the index will either power through and then retrace to test the milestone or will consolidate to decide whether to move up or retrace to a previous support zone; yesterdays closing price appears to be a possible support zone.

Is the US market overstretched? Probably but when you think it can't go any higher it can and when you think it can't go any lower it can.