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
  +0.00p +0.00% 1,710.00p 1,712.00p 1,714.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,186.8 765.1 100.5 17.0 8,536.76

Ashtead Group Share Discussion Threads

Showing 55226 to 55247 of 55250 messages
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DateSubjectAuthorDiscuss
20/7/2017
20:02
(ShareCast News) - Ashtead, the US-focused equipment rental group, was given a boost on Thursday by strong results and market commentary from US peer United Rentals. Second-quarter earnings from United Rentals beat expectations and the company upgraded its full year revenue and operating profit guidance. Commentary from management as the industry enters its busy season noted stronger volumes and "an improved rate trend" across the business. United enjoyed a rate impact of -1.2% in the second quarter, up from -1.4% in the first, and marking another period of sequential improvement from the depths of the -2.8% and -2.4% in the first two quarters last year. Analysts at RBC Capital Markets in London said these comments are likely to be in focus for its FTSE 100-listed rival and follow news of a Canadian acquisition earlier this week. "For Ashtead, this has been a key concern of the market, with a view that a negative rate environment inferred oversupply and therefore a slowing down of growth in the US (despite AHT demonstrating that rates have been flat and largely stable over that past 12 months)," RBC said. However, RBC said that even with rates flat or slightly negative, volume potential and the efficiencies of its scale should continue to drive margin growth for Ashtead. "We continue to like the structural story, and with potential for additional capital returns," the analysts added, pointing to a 12.9 price/earnings ratio for the 2018 calendar year for a two-year compound annual growth rate in EPS and DPS of 13% and 12%.
discodave4
20/7/2017
18:08
2flat, sorry missed your earlier post - well done on your SB and also missed the URI Q2.ssssh don't mention gaps!DD
discodave4
20/7/2017
15:31
fenners,ian thanks, bracke unhinged maybe ! Yes you and most of us. lol cheers
2flatpack
20/7/2017
13:58
2flat OK sbet allowed. Good question about reaching the ML. A couple of points. 1 The previous price action. ie. the gradual selling which took the share price down and then the large up candle on Monday. Bearing in mind the fundamentals(I typed that word through gritted teeth) there was nothing to cause the fall other than 'games'. 2 Yes the probability that the share price would reach the ML but not in the manner it did with a large gap. Taken as a whole it smacks of contrivance. Obsession me obsessed. Just 'cause I know this share has it in for me and I want revenge doesn't mean I'm obsessed, unhinged maybe.
bracke
20/7/2017
12:59
fenners: lol! 2flatpack: congratulations on your earlier successful spreadbet, a nice little earner!
ianwwwhite
20/7/2017
12:59
I need to get up earlier...
fenners66
20/7/2017
12:58
ian - doh thanks I missed that one
fenners66
20/7/2017
12:58
afternoon fenners It's a reference to bracke's obsession with gap filling which has rubbed off on me. cheers
2flatpack
20/7/2017
12:57
Claim too many of those and you'll be needing "a dental trip "....
fenners66
20/7/2017
12:55
2flatpack Is the reference to a 'dentist trip' relating to 'gap filling'? If so I claim my prize of the usual mars bar!
ianwwwhite
20/7/2017
12:52
Bracke "Don't profit warnings come in threes?" Yes that's what I was trying to understand. We know it happens so often in all different types of business so to delay bad news must be a part of the human condition rather than just the financial functions of any given company.... 2 flat "hoping for a dental trip, so I can jump in again" is the dental trip - actually a trip to the dentists which is going to cost so you need to jump in again to make a profit to pay for it or is it, like it reads, another stock market term a la "head and shoulders" that I have not heard of ?
fenners66
20/7/2017
12:31
Question is, is bracke riding the curl with his long? .
ianwwwhite
20/7/2017
12:29
Nice to see AHT in the ascendancy again. I am reading "Great URI figs out after the close last night with increased guidance for the year. Stock up about 4% in the after market. " Might explain the rise today? EDIT: URI Results: hTTps://finance.yahoo.com/news/united-rentals-announces-second-quarter-201500294.html .
ianwwwhite
20/7/2017
12:23
Still cannot find any financials for CRS.However, based on a couple of recent UK acquisitions (Liontrack Hire and Mather & Stuart), their purchase price came to twice their respective annual revenues. So whilst a bit of a finger in the air, the revenue for CRS could be circa £89m pa.Guess once the deal has been finalised over the next few weeks that some additional information will then be released.Ashtead have targeted 5% of the Canadian rental market, the forecasts were for $4.9 billion turnover for 2016 rising to $5.8 billion by 2020 (see link below). If they achieve that target then that's an additional £150m revenue pa (+5% of last FY).Acquisitions were £437m last FY, wonder how much this FY?.hTTps://www.constructionequipment.com/equipment-rental-revenue-set-top-57-billion-2020DD
discodave4
20/7/2017
12:16
May be on the back of URI Q2 results. cheers
2flatpack
20/7/2017
11:24
Thanks bracke, as usual.apf is, I suspect, a paid ramper.This rise here can't be just on the back of the CRS £179m acquisition, can it?.DD
discodave4
20/7/2017
10:37
Last week I updated my AHT chart with a new Pitchfork. To-day the share price has gapped straight to the ML. There was an 80% probability that it would do so but I didn't expect to reach that level until the end of the month. Continuance above the ML is 50/50. The highest closing high was 1751 which is the logical next target.
bracke
20/7/2017
08:44
Morning Disco Well done on your profit 2 flat
fenners66
20/7/2017
08:34
Morning fenners.Been trying to find some numbers for CRS but no joy.DD
discodave4
20/7/2017
08:21
Killing complete ! sold at 1710. Yahoo. Cheers
2flatpack
20/7/2017
08:18
Looking at CRS their locations are all in Ontario (just over the border from the US) so we will not be seeing Sunbelt kit on Gold Rush I suspect.... Anyone found out what their turnover , profit and BS are like?
fenners66
20/7/2017
08:11
GAP UP ! oh dear that's a shame we know what Bracke is going to tell us about that. I was wondering about the recent share price moves and that announcement of Canadian business purchase. You may remember that before the purchase of Nations Rent the share price was flying , then dropped like a stone then the Rights Issue to buy NR was announced. Recently we have been falling again after on track results etc and then pre/post the announcement of this (large) bolt on we shoot up. Is this just reaction to the news ? Or did the institutions get wind of a large acquisition and assume a rights issue was in the wind? RI does not materialise and the market goes back up to await the next opportunity?
fenners66
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