Share Name Share Symbol Market Type Share ISIN Share Description
Ashtead Group LSE:AHT London Ordinary Share GB0000536739 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +27.00p +1.28% 2,135.00p 2,130.00p 2,132.00p 2,136.00p 2,106.00p 2,111.00p 1,893,960 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,186.8 765.1 100.5 21.2 10,658.47

Ashtead Group Share Discussion Threads

Showing 56026 to 56049 of 56050 messages
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DateSubjectAuthorDiscuss
16/1/2018
17:19
All Time Intraday High - 2136. All Time Closing High - 2135.
bracke
16/1/2018
16:20
Today the share price has reached the ML at 2133. I'm not saying that it will retrace but the probability that it will has increased.
bracke
15/1/2018
18:42
DD A-Plant will take a hit on the debt as will a lot of other companies but Speedy will shoulder the bulk of the Hire related debt for certain
stu1210
15/1/2018
18:16
CLLN - potential impact A plant?SDY been hit today which may be due to a contract with them?.DD
discodave4
15/1/2018
17:22
All Time Closing High - 2108.
bracke
15/1/2018
17:15
Good day fenners You undoubtedly saved some from losing money. A job well done. It will be interesting to see what the FCA and other enquiries have to say about the running of the company and whether any charges are brought.
bracke
15/1/2018
17:01
Thanks Ian most kind. I guess people still think I was short CLLN - I should have been - but my interest was genuinely because I almost got caught buying them for yield. When I did my research and read the RNS's / Accounts etc I was horrified - when you read their board and find those in denial , I couldn't do anything else but try to help them. Some new names have now gone on the CLLN board stating they lost money I'm sorry for them, but some of the rampers, liars and just plain stupid - I have no sympathy for. I think I added as much research as I could - what business they may sell , what their debt position really could be and straightened out the obscure figures coming out of the company - but some where never going to take any notice. Still there was at least one poster there who did not buy....
fenners66
15/1/2018
13:02
"Interestingly several researchers have found that value of a stock declines at the announcement of a debt for equity swap, (which would have boosted your short's profitability):" ==================================================================================== But straight after the announcement there is a probability of a spike which will take out stops and maybe worse. The share price then declines but the spike has done the damage. There are those who have a vested interest in spikes!
bracke
15/1/2018
12:50
Interestingly several researchers have found that value of a stock declines at the announcement of a debt for equity swap, (which would have boosted your short's profitability): hTTp://www.emeraldinsight.com/doi/abs/10.1108/03074350410769425 Nevertheless I think you did well to avoid shorting it, fundamentally too many unknowns!
ianwwwhite
15/1/2018
12:20
ian No I didn't short it. With a company that big and with numerous government contracts there was the possibility that 'strings would be pulled' with the banks in a debt for equity agreement.
bracke
15/1/2018
12:13
bracke I can but agree. Did you short the stock yourself? I can't believe that you let an opportunity like that slip through your hands?
ianwwwhite
15/1/2018
11:53
Good day ian I have been following the Carillion Saga for some time. Fenners and a couple of others have been pointing out the dire state the company was in. I have seen this scenario before. What is interesting is those who buy or continue to hold the shares. As far as I see it there are four groups. 1 The Chancers - They understand the situation but take a gamble that the problem will be resolved sufficiently to make some money. If they lose so be it. 2 Those in denial - There is a problem but it will be ok. 3 The Rampers - They know there is a problem but pretend that there isn't in an effort to get people to buy and make a quick buck. 4 Those who haven't got a clue and should not be buying shares. It's all happened before and will all happen again.
bracke
15/1/2018
11:34
Good morning bracke .... no just interested to understand a little more about costs/rewards/risk involved. I see that fenners has now assumed the status of 'legendary seer' on the Carillion board, having forecast the carnage that is now happening. Well done, I for one will pay close attention to his forecasts in future!
ianwwwhite
15/1/2018
10:48
Thinking of moving to the Dark Side ian?
bracke
12/1/2018
20:13
(Post removed, my question re short trading resolved by investopedia research)
ianwwwhite
12/1/2018
17:10
All Time Closing High - 2105. I didn't get round to shorting yesterday but there would have been 20 or so points available.
bracke
12/1/2018
09:27
davidcar7 Re post 54880, many thanks for sharing Geoff Drabble's interesting response to your letter. Thanks also to Geoff for finding the time to explain the thinking behind the share buyback initiative, much appreciated. .
ianwwwhite
12/1/2018
08:41
The company’s fourth quarter and full year 2017 press release will be issued and available at unitedrentals.com after the market close on Wednesday, January 24, 2018.
fenners66
12/1/2018
01:14
URI closed around $179 !
fenners66
11/1/2018
19:22
Thanks for posting that davidcar7, very interesting, this made me smile "we also find ourselves highly cash generative".bracke - No wonder Mr Drabble didn't send you a Christmas card you naughty little shorter!.DD
discodave4
11/1/2018
17:46
Before Christmas I said that I had written to Geoff Drabble to let him know that I personally would prefer the Company to have increased dividends and reduced borrowing rather than buy back shares. I promised to share any reply I received from him with you -I am delighted to have received a reply this week which was held up in the Christmas mail as it was dated 18th December! Although he has not directly answered my suggestion of higher dividends he has given his thoughts on the subject of buybacks. I quote as follows: Our priorities remain fleet growth and small bolt on acquisitions as we gain market share and improve margins by leveraging the fixed cost in our now extensive depot platform. Clearly this is designed to enhance earnings per share and therefore the share price. We also find ourselves highly cash generative and even after funding these plans, unless we make further investment, our net debt to Ebitda leverage would begin to fall well below our target range of 1.5 to 2.0 times. The big question I guess is, whether this is desirable or not? Well this really depends on our outlook and where we are in the cycle. Currently, our outlook is very positive and we anticipate multiple years of moderate growth. Therefore, we are happy to operate within our longstanding range. It's my belief that by allocating £500m (which would otherwise only be used to delever) to reduce the share count and hence improve EPS, is a sensible approach. As it happens ,from a multiple perspective I do think we are undervalued and having the discipline to recognise this rather than potentially pay inflated multiples for large M&A is a sensible low risk approach to growing the share price. Also , as our cash flow is better understood, I do think there is a chance that we also get a re-rating - but who knows. So will we spend £500m or £1bn? I don't know! We could spend £1bn but only if there is an absence of good organic growth opportunities and/or M&A. However be assured we will always be disciplined in our leverage, remaining within guidance and will constantly reassess what constitutes value. I hope this helps. Of course, there is judgement involved but it is made with a clear understanding of the parameters in which we should operate and a focus on long term share price appreciation. It may surprise you to hear that I was anticipating your letter. I do regularly read a range of share blogs to gauge reaction to what we do and suspect you may participate on AdVfn. If I am correct, thank you for your continued interest in Ashtead and I trust your other investments are as successful. Please pass on my best to all others involved. I don't agree with everything that's written, particularly recently, but it is of great interest and has been for over 10 years. I appreciate the trouble Geoff has taken to reply to me and thank him for it.
davidcar7
11/1/2018
17:04
All Time Closing High - 2073.
bracke
11/1/2018
13:04
A leap up and not a false break! Now what. a new high? Place your bets. As I type the share price is just short of the ML which is at 2115. I am tempted to short. Very naughty I know but you can't expect a leopard to change its spots.
bracke
10/1/2018
16:56
The share price closed at the top of the wedge so what's it to be tomorrow opening. A leap up or the drop back often seen. Beware false breaks.
bracke
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