Ashtead Share Discussion Threads

[disc0dave46] 18/7/2024 13:56

Whatever they need that they haven't got. Sorry but did you seriously expect folks to know item by item?

[riley109] 18/7/2024 13:24

62910 Nope!!

[disc0dave46] 17/7/2024 18:33

Thanks Mr bYeah US taking a big breather, talk of China export curbs hitting tech, plus moves again into US small caps.

[riley109] 17/7/2024 14:34

Can anyone tell me what Mitie will be hiring from APlant?

[bracke] 17/7/2024 14:07

This morning the share price did make an attempt at 5514 but was resisted. It also came up against the Daily SMA200. Perhaps the US will oblige again but the Futures are taking a breather.

AHT DAILY

[disc0dave46] 17/7/2024 13:55

Thanks ck.Just had a look at MTO's finals (to 31st March 2024) and they had a total contract value (wins/renewals) of £6.2bnTotal order book of £11.4bn.So could be some decent income?.

[c_k] 17/7/2024 08:10

Sunbelt is Mities preferred supplier which will bring additional business in the UK. Haven't seen an RNS so can't be seen as a huge win. https://www.sunbeltrentals.co.uk/news-and-blogs/sunbelt-rentals-signs-multi-year-preferred-supplier-agreement-with-mitie/

[fenners66] 17/7/2024 00:20

I think that is a new all time high for URI

[disc0dave46] 16/7/2024 19:47

Mr b"He probably thought they were quackers."lolThink the flat June US retail sales (following the rise in May) was seen as positive for rate cuts (I think - can't keep up tbh)

[bracke] 16/7/2024 18:27

Good day disc0

"Trump - apparently the security forces shouted “Donald Duck” but he thought they were jesting."
====================================================================================


He probably thought they were quackers.

The share price has held up so far. Next target 5514.

Below is the 5 minute chart. The volume came in from the US big and strong.

AHT 5 MINUTE

[perfido] 16/7/2024 18:07

Hi Disc0,

Re 62901, thanks, re 62902 ‘Donald duck’ lol, 🤣🤣!
.

[disc0dave46] 16/7/2024 16:47

Good day Mr bThanks for your pretty charts :)I see URI is making new 52w highs.....we need to catch up!.Mr Powell seems to be a happy bunny, that makes me nervous!.Trump - apparently the security forces shouted "Donald Duck" but he thought they were jesting.

[disc0dave46] 16/7/2024 16:40

PerfidoDecent trades congrats

[bracke] 16/7/2024 15:55

Good day palwing

Yes a 'zoom' provided by the US. Question now is will it be sold into.

[palwing32] 16/7/2024 15:49

ZOOOooooommm?

[bracke] 16/7/2024 13:34

First the good.

Yesterday the share price closed above the previous high and the 50% Fib and out of the descending trend.


Second the slightly negative.

It has dropped back from yesterdays close and is hovering on the 50% Fib but remains above the previous high.

Looking at the chart it will be seen that the 50% Fib (5310) has proved to be strong resistance in the past requiring a 'zoom'/gap to get through. It will not stay at the current level for long. Perhaps the US will provide buying volume to push it up as occurred yesterday..

AHT DAILY








AHT DAILY

[perfido] 15/7/2024 20:32

AHT seems to be heading in the right direction once more and for the record, apart from maintaining my core holding, my AHT trades in 2024 to date for fun have been:

8/01/24 bought a few more @ 5012
25/4/24 sold a quantity @ 6046.9
12/7/24 bought a few more @ 5162.2

Thanks as always to bracke for his TA input, helping to provide some investment context.

[disc0dave46] 13/7/2024 15:50

Mr bPost 62894, lol

[bracke] 12/7/2024 19:26

Following on from post 62883

The share price has moved back and closed above the Fib at 5104 but is resisted at the previous high (5284) and also at the top of the blue descending channel.

So far it is Option 2 in the earlier post. That's the easy part now comes the difficult part; a break up out of the channel and above the 50% Fib at 5310 to form a higher high.

AHT DAILY

[bracke] 12/7/2024 18:33

disc0


What! Mr Bailey is an old lag?

[disc0dave46] 12/7/2024 16:04

Mr bWouldn't disagree.Mr P has already said a cut will come before 2% because of lag (think he was having a pop at Mr Bailey lol).

[bracke] 12/7/2024 15:59

disc0

I expect a rate reduction prior to the election even if inflation is not 2%. With a statement to the affect that the scene is improving and further rate cuts as inflation continues down during 2025 and 2026.

[disc0dave46] 12/7/2024 15:38

Mr bPersonally he shouldn't have targeted 2% anyway (will put aside my feelings about his interest rate policy!), appreciate there's political issues as well but 2.5% would have sufficed IMO with a longer term target to get to 2% by say 2026. He will drive the US into recession if he holds too long, raising his target for an interim period would seem to hedge his bets. Anyway all IMVHO and I know nowt.

[bracke] 12/7/2024 14:55

disc0

Yes I can understand if he is confused,it's a mixed picture.

If the FOMC do cut the rate in September they will want to be certain that the inflation rate will not increase.

[disc0dave46] 12/7/2024 13:49

Good day Mr bThanks.US PPI came in hotter at 2.6% v 2.3% forecast.Poor Mr P will be scratching his head!.