Ashtead Share Discussion Threads

[bracke] 31/7/2014 15:27

2flat

'The Dow Jones Industrial Average dropped triple digits Thursday, as investors weighed the implications of robust economic growth and signs of rising wage inflation on Federal Reserve policy."
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QE ends in October and the above suggests an interest rate rise.

[bracke] 31/7/2014 14:33

2flat

1&2 They cause uncertainty and the market does not like uncertainty.

3 UK may also raise rates.

4 Bird in hand etc.

5 Yes, horse whipping is too good for them.

6 URI worse. No yield.

The curse - may you live in 'interesting' times.

[2flatpack] 31/7/2014 14:20

Bracke
1 & 2. AHT operates in US
3. Interest rate increase. Yes Please dollar Up, pound down .
4. Yes this worries me.
5 Who are these people how dare they.
6.As compared with what URI
Interesting times as always live in hope.
Cheers

[bracke] 31/7/2014 10:46

2flat

The market overall is falling:

Russia
Gaza
Possible interest rate increase
Director selling
Profit taking
Low yield

And probably others.

[2flatpack] 31/7/2014 10:15

Any ideas what is feeding the fall
the directors selling? or is it the good news out of the US, or maybe the Greenspan correction.
Cheers

[bracke] 31/7/2014 10:01

A fall below 875 which is a fair probability would then suggest a further move towards the Daily SMA 200 at 826.

[2flatpack] 31/7/2014 09:36

back in 100% at 895
cheers

[bracke] 30/7/2014 17:59

Given the trillions of $ the FED have pumped into the economy I would be very surprised if they were prepared to let the markets take a large drop.

A large drop would be very negative for the economy which the FED have worked so hard to lift.

But we wait and see.

[discodave4] 30/7/2014 17:33

Guess we will know in the morning........DOW down as we speak.GLDD

[bracke] 30/7/2014 17:08

Disco

LOL!

I am well but have not shorted AHT.

Good data for US but the market as perverse as ever drops.

Perhaps Mrs Yellen will say soothing things to bring it back up.

[discodave4] 30/7/2014 16:55

Bracke,"We are not worthy"! Lol..........hope all is well, even if you have shorted (each to their own & all that).Good Luck.DD

[bracke] 30/7/2014 14:57

US Data was good but the market has not greatly responded

Perhaps concern that interest rates will rise sooner rather than later together with the Russia situation has put a dampener on matters.

[bracke] 30/7/2014 14:50

ian

Perhaps I should quit whilst I am ahead?

Steady on with the "TA stuff'. It's all smoke and mirrors.

[ianwwwhite] 30/7/2014 14:27

Well done bracke, remarkable prescience in signalling this current retrace!

I'm beginning to think there might be something in this TA stuff (lol!)

[bracke] 30/7/2014 14:16

Ref Post 49837


You will note that 920 has been reached. This was previously a s/r zone but not a particularly strong one. 900 may prove stronger.

[bracke] 29/7/2014 18:25

ian

I agree that barring something nasty appearing in the AHT wood shed all should be ok in the medium term but I am wary of looking too far ahead.

No offence was taken in relation to your AHT investing prowess.

I suggest that there are traders and investors on these threads and those who do both and with a variety of time frames.

As you say "to each his own". I fully agree.

[ianwwwhite] 29/7/2014 17:55

bracke

I fear that your prediction for AHT may well be right in the short/medium term, the market seems overdue for a correction, and AHT's price may well have got ahead of itself - however I am inclined to wait out any further short term corrections, in the belief that the company and its markets are currently fundamentally sound.

I think I have already demonstrated patience with this share, through thick and thin over 17 years!

Apologies for the comments regards returns for AHT, no offence, or bragging intended.

It sometimes seems to me that on some other boards, short term-ism rules, scalping a few pence here and there, and the value of 'buy and hold' strategies is under-appreciated, by those who prefer the cut and thrust of intra-day trading! ....to each his own!

[ianwwwhite] 29/7/2014 16:36

mjcferguson

I agree, and hopefully yourself included!

[mjcferguson] 29/7/2014 16:28

The Directors have certainly done very well out of the 2011 performance scheme but I suppose the shareholders have also done very well out of the performance.

[bracke] 29/7/2014 16:14

ian

"a bit more profit in the bag"
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Yes, just a bit!!

And no tax to pay. One rule for the rich and s*d the poor.


Just had a thought. Perhaps the Directors saw my post suggesting the share price has due a 'chunky' retrace?

[ianwwwhite] 29/7/2014 15:54

bracke

You may well be right.

Nevertheless, I have taken the hint, and sold a few myself - average cost £1.05p, so £9.35 selling price puts a bit more profit in the bag, and as they are all held in an ISA, no Cap Gains worries.

I still have skin in the game, however!

[bracke] 29/7/2014 15:46

ian

Perhaps they thought it better to get it out of the way in one hit rather than over a week or two. Also a lot of other news about currently so maybe they thought theirs might be 'buried'.

[ianwwwhite] 29/7/2014 15:38

bracke,

I can understand their sells as part of a dispersal of risk strategy, but all directors together, 100% of allocations on vesting day? Seems to smack of indecent haste to me!