Ashtead Share Discussion Threads

[disc0dave46] 12/6/2024 10:42:00

HSS has list its long standing contract with Amey: "HSS Hire Group Plc ("HSS" or "the Group") announces that, following a retender process it has been notified by Amey Plc of its decision to move to another supplier for the provision of its equipment rental managed service contract. The supplier agreement will end early December 2024 subject to any transitional services that HSS may agree with Amey. The agreement, which commenced in December 2015, accounted for approximately 7% of Group revenue and 10% of Group Adjusted EBITA in 2023."Wonder who won the tender?.....could be worth c £25m pa income, circa +4% Sunbelt UK?.

[disc0dave46] 11/6/2024 19:48:08

Good evening Mrb"I think you are 'taking the mickey'."Always has been

[fenners66] 11/6/2024 00:40:24

A very simplistic calc would be take AHT at URi's PE ratio - as per this site - would have AHT at £66

[bracke] 10/6/2024 17:03:53

Good day trt

I think you are 'taking the mickey'.

A listing on the US Market is likely to result in a move upward.

[trt] 10/6/2024 16:46:31

Possible uk delisting not good. Could see quite a drop in the share price if this is confirmed.

[fenners66] 09/6/2024 23:36:44

Story repeated in the Daily Mail as well.

We did identify this possibility a while back.

Its been a gradual Americanisation process. Reporting in US $ is a big change giveaway.

[servicewash] 09/6/2024 10:34:15

hxxps://simplywall.st/stocks/gb/capital-goods/lse-aht/ashtead-group-shares/news/estimating-the-intrinsic-value-of-ashtead-group-plc-lonaht-1

[disc0dave46] 05/6/2024 10:40:21

Thanks Mr bCould see: 55, 60, 65 according to the trt school of TA...think I know now what trt stands for but best not repeat on here :)

[bracke] 04/6/2024 17:53:17

I thought you were due to put in an appearance trt.

Yes it has closed below 5500 support but not by much.

I suspect US data tomorrow will decide the next move. Back up above support or continued drop to fill the gap at 5312 and possible support at the lower trendline and the 50% FIB.

RSI is indicating oversold.

AHT DAILY

[trt] 04/6/2024 16:37:36

Could see £50 level now it's dropped below £55.

[bracke] 03/6/2024 16:44:16

Gap filled at 5562. Support at 5500. As I type AHT -3%, URI -5%.

AHT DAILY

[bracke] 30/5/2024 20:08:49

Brakes applied at the first pullback low.

[bracke] 29/5/2024 16:45:06

I thought trt may have put in an appearance today. He's probably engaged in deep analysis elsewhere so i'll do the honours.

The markets are in more than a retrace currently. Trend reversal? maybe, Pullback? probably.

Viewing the AHT chart it will be seen I have added two dark blue dashed lines which indicate recent pullback lows. A close and hold below the lower one would be concerning to holders but of interest to likely buyers.

5300 has previously been a strong resistance zone and has also given support.

There is an earnings report on 18th June.

AHT DAILY

[bracke] 24/5/2024 18:50:32

fenners

Hate speech! Never. I'll leave that to the PET Dreamers.

I would never imply anything about your reputation which remains unsullied....mostly.

As for PET share certificates the thought that you would own them never crossed my mind. As they are in considerable number (184 million at last count) and just short of worthless I thought you may have calculated they are cheaper than toilet tissue.

I shouldn't degrade PET shares, there are people who hold them in hope and others who have lost a lot of money. I consider myself fortunate to have down well with them many years ago.

[fenners66] 24/5/2024 13:26:44

bracke how could you think of me as so heathen ?
I am shocked and offended !
I question whether adding in that kind of detail and
the implications for my reputation verge on some sort of
hate speech !
You KNOW there is absolutely NO CHANCE
I would own any PET share certificates !

[bracke] 24/5/2024 13:20:13

Good day fenners

I have a vision of you hunched over a boiling cauldron chanting incantations to increase the number and ferocity of hurricanes whilst adding eye of newt, leg of frog and PET share certificates.

[fenners66] 23/5/2024 20:59:41

From the BBC

"The North Atlantic could get as many as seven major hurricanes
of category three strength or over this year, which would be
more than double the usual number, the US weather agency NOAA has warned.

Normally you'd expect three major hurricanes in a season.

As many as 13 Atlantic hurricanes of category one or above
are forecast for the period, which runs from June to November. "

[fenners66] 23/5/2024 09:38:40

National grid announcement of £60bn infrastructure spend over the next 5 years.
seems about £9bn may be spent in the US
But it is a future infrastructure pointer
clearly energy networks are going to need a lot spent on them

Maybe they will be needing some plant with that.

[disc0dave46] 22/5/2024 20:06:19

Thank you MrbPink fibs look do much better!As for Sunak's pretty please Andrew - June cut was 50:50 apparently, now 19%, but as you say perhaps June's odds may get better?. Unfortunately Mr Hunts possible tax cuts may also scupper Andrew's hopes of taming inflation......it's a complete farce IMO.

[bracke] 22/5/2024 16:51:21

Good day disc0

Given that the FED do not appear to be in any rush to cut the rate Mr Bailey will not be in any hurry either. Perhaps Mr Sunak may ask him nicely "pretty please Andrew" if he wouldn't mind making a few cuts before November.

EDIT - 'before November' should now read 'before July' "pretty,pretty, pretty please Andrew"

Todays opening gap filled so all is right in Ashtead World.....for now.

AHT DAILY - !!!!NOW WITH ADDED PINK!!!!

[disc0dave46] 22/5/2024 16:39:05

Thanks as ever Mr bSo now it looks like a 0.2% miss on inflation forecasts means Mr Bailey has an excuse to kick the rate can further down the road - some are saying it's now August / Sept instead of next month.Ps pretty chart!, but would be much prettier with a bit of pink! lol (only kidding)

[bracke] 22/5/2024 13:09:06

The share price has done the 'right' thing today and filled the gap at 5704. In doing so it has opened a gap at yesterdays close 5792; maybe it will fill it later today.

Two US Events today Nvidia results and FED Minutes will likely determine which gap will fill first the one to the upside at 5792 or the one to the low side at 5558.

AHT DAILY

[discopaul45] 21/5/2024 20:05:42

discodave we will let the other investors decide.