Ashtead Share Discussion Threads

[bracke] 01/8/2014 13:11

2flat

I presume that as AHT is UK based, Sunbelt is subject to UK tax rather than the higher US tax.

The brakes have been applied and share price now reversing.

Anyone bottom fishing?

[2flatpack] 01/8/2014 12:15

Bracke
I overlay the two regularly, last week URI was higher over 1d,5d,1m,2m,3m,6m and 1y.
I put it down to the exchange rate plus our cousins seem to value a successful
business far higher.
As you pointed out URI have no divi. but they do have a buy back.
Cheers

[bracke] 01/8/2014 10:53

An interesting comparison.

I suspect that if AHT was based in the US it would be different.

[2flatpack] 01/8/2014 10:08

IN penitence for taking a profit sold 50% at 870 .
It seems to have pacified Ash
Interesting times
cheers

[bracke] 01/8/2014 09:58

Having dropped to 870 the share price is at decision zone.

It either applies the brakes or goes for the Daily SMA 200 at 827.

Some sort of normality is returning to the market, the danger is that it will 'swing' too far the other way but look on the bright side it could provide a buying opportunity.

[discodave4] 31/7/2014 21:51

Looks like 875 may be on the cards -http://www.barchart.com/headlines/story/1141083/us-stocks-plunge-wiping-out-july-s-gainsDD

[bracke] 31/7/2014 18:23

ian

I suggest you get down on your knees tonight and pray that the DOW does not repeat what it did from 07 April to 11 April.

[ianwwwhite] 31/7/2014 18:01

bracke

No worries, I'll settle for support at 990 if that's what the chart says - now that I'm a believer!

[bracke] 31/7/2014 17:55

ian

"Well done bracke, I'm impressed!
=================================

Thank you. So you should be.

The DOW has continued falling after the FTSE closed. If it pulls back up later AHT may be supported at 990. If DOW does not pull back then post 49863 comes into play.

Unfortunately I can't make SPs' rise or fall only suggest what they may do.

Once the 'dust settles' I will look again.

[bracke] 31/7/2014 17:42

2flat

5 Spoil sport.

6 URI are down 5.15% as I type.

"It is next week I am worried about."
===================================

I thought you were a buy & holder. As you post, look forward to next year.

[ianwwwhite] 31/7/2014 17:31

Well done bracke, I'm impressed!

1). Post 49837 28th July:
Over the weekend I had time to spend on the charts I am currently watching.
There is a strong probability that the share price will move closer to 880-890. Please note 'closer'. It maybe it will not drop all the way but below 920 is highly likely.

2) Post 49863 31st July:
A fall below 875 which is a fair probability would then suggest a further move towards the Daily SMA 200 at 826.

Post 1 achieved, post 2 looking pretty likely as the Dow currently stands at -200+

Now, then, using TA, can you make the share price go back up?

[2flatpack] 31/7/2014 15:50

Bracke
1 & 2. Uncertainty outside the US, last for days if not hours in the US
3. True but already priced in.
4. If it is bird in the hand, what do they know that we don't? worrying .
5. Please don,t bring leisure activities into the discussion.
6. So compares well.
QE ending interest rate rise will fuel dollar I am looking forward to next year
It is next week I am worried about.
cheers

[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."
==============================================================================

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.