Ashtead Share Discussion Threads

[bracke] 27/1/2015 17:25

The share price keeps getting 'stuck' at 1120. Can someone give it a shove, otherwise it will have to drop back for a run up to it.

[ianwwwhite] 27/1/2015 17:05

The Investor Event presentation slides referred to in the 26/01/15 RNS above, are now available on the AHT website and make for very encouraging reading.

[james97] 26/1/2015 21:53

Snow storms are not the same as hurricanes but I would still guess current extreme weather in NE USA won't harm Sunbelt's pump and power business.

[discodave4] 26/1/2015 20:48

URI 6%, oil prices won't deter their growth:http://m.rermag.com/headline-news/oil-prices-won-t-deter-united-rentals-growth-kneeland-saysFirst, Kneeland said, upstream oil and gas accounts for only 6 percent of United Rentals' business companywide. "That's a very modest exposure, given our fleet can be utilized for other types of customers," he said. "Even in the battlefield states or a state like Texas, we've got deep customer relationships outside of oil. Currently more than 80 percent of our rental revenue in Texas comes from infrastructure, manufacturing, transportation, commercial building and a host of other industries."Second, the company has strong systems in place for fleet management, including the relocation and repurposing of CapEx through used sales."Third, we believe that any drag on demand for upstream oil will be mitigated by the positive effect on other industries," Kneeland said. "Take chemical manufacturing, one of our key sectors. When oil prices decline, manufacturing costs drop, production is stimulated and consumer purchasing power increases."Kneeland added that United's widespread geography footprint was a factor in its favor as well, giving it a lot of room to deploy assets, with many in the field asking for more assets, giving the company many opportunities to re-deploy fleet. And lastly, the current growth cycle, with "a lot of runway ahead in the industry upcycle, the macro economy is also trending in our favor," he said.GLDD

[james97] 25/1/2015 17:55

In Sunbelt's case it was stated that while 10% of the business was related to shale oil, this was mainly in Texas where production is still expanding, rather than the Bakken fields in Dakota where marginal costa are higher and investment is being scaled back.

[2flatpack] 25/1/2015 13:45

Jim Cramer of Mad money seems to think URI have only 6% exposure to the oil industry
cheers

Is United Rentals (NYSE:URI) a buying opportunity?

Cramer thinks markets become irrational at times and they don't seem to care about revenues, earnings or the company's performance just because they are fixated on something. Hence anything that is closely related to Oil is looked at negatively. United Rentals delivered a $0.12 earnings beat and had higher-than-expected revenues. However, that progress didn't matter as the stock was slammed on Thursday.

United Rentals is the largest equipment rental company in the world that makes money by renting out equipment to construction companies, utilities, manufacturers, homebuilders and government entities. Unfortunately, this also includes renting equipment to oil companies but the exposure is limited to just 6% of sales. The stock has fallen from a high of $119 in November to $86 in last close.

[lairddavid] 23/1/2015 08:49

I thought it was 10 percent of URI,s business?

[2flatpack] 23/1/2015 00:36

Thanks Disco/James.
I missed that completely
Cheers

[discodave4] 22/1/2015 21:43

2flat,James97 - 06 Jan 2015 - 09:12 - 50381 of 50478 - 0bones:About 10% of Sunbelt's business relates to the shale oil sector. The question was raised in the presentation after the results.DD

[fenners66] 22/1/2015 21:17

Strengthening US $ too, but what has happened to the US deficit problem?

[2flatpack] 22/1/2015 20:50

good day bracke
To me the flies are always there
AHT being painted with the same brush as URI and fracking ect.
For me that is why it has such a wide channel 15% .
By the way has anyone an idea of AHT,s exposure to fracking.
The Greeks are always with us ,but as already been said we are a UK company operating mainly in the US, so at worst I can only see a short term problem.
Cheers

[bracke] 22/1/2015 18:33

Good day 2flat

"To me the AHT share price has been doing what it always has, moving up and down within its trend lines".
================================================================================

Fair comment but it does sometimes move out of its trend lines to make new ones.
It's looking ok for 1145. Possibly 'fly in the ointment' is the reaction to the Greek Election result.

Regards

Just Guru

[2flatpack] 22/1/2015 18:07

Gloom and Doom
I don't understand most, NO any of the tech talk that's been filling the airwaves recently.
To me the AHT share price has been doing what it always has, moving up and down within its trend lines .
Is the bear knocking at the door or the bull looking for pastures new ,I think not, just gurus showing us their alternate realities.
(bracke apologies for putting just before gurus).
So that leaves fundamentals is AHT over priced ?
Maybe until the next results.
Just the thoughts of an illiterate holder.
Cheers

[bracke] 22/1/2015 16:33

and gap filled. Didn't take long did it.

[lairddavid] 22/1/2015 11:07

Crazy how a British Company working in the states can be screwed by the non tax paying Greeks!!

[bracke] 22/1/2015 10:26

A gap fills a gap.

Two major unknowns make it nigh on impossible to say when the gap will fill.

1 Market reaction to ECB news.

2 Greek Election on Sunday and more importantly the action by the expected winner and the EU.

[rhatton] 22/1/2015 09:58

Anyone think the gap will close prior to pushing up further? Guru bracke?
Let's see how the market reacts to the ECB News around 130

[broadwood] 22/1/2015 09:57

Appreciate that - its the confirmation of the price range which may be the catalyst.

[discodave4] 22/1/2015 09:56

HSS float been in the news for a couple of weeks.HTTP://www.constructionenquirer.com/2015/01/12/hss-unveils-stock-market-float-next-month/GLDD

[broadwood] 22/1/2015 09:00

Wonder if this could possibly be an influence.

[ianwwwhite] 22/1/2015 08:09

DD great minds think alike!

[rhatton] 22/1/2015 08:09

Big gap up.

[ianwwwhite] 22/1/2015 08:09

Possibly following URI lead, closed up 3.7% yesterday?

[discodave4] 22/1/2015 08:09

URI also closed up 3.7%.GLDD

[fenners66] 22/1/2015 08:06

Is the broker upgrade driving the gap up this morning?