Ashtead Share Discussion Threads

[clarky5150] 27/7/2015 15:24

I was never very good with rhyming slang, septic tanks, 6inch planks, those ever modest loveable yanks.

[bracke] 27/7/2015 14:21

"I await the septic tanks opening to guide us."
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Where there's muck there's money.

[bracke] 27/7/2015 14:19

Topicel

Today's opening gap filled but not moved further up yet. It needs to continue the move up and move over the three minute SMA 200 which is at 941.7 as I type.

[clarky5150] 27/7/2015 12:59

A more regular volume today as well. I await the septic tanks opening to guide us.

[clarky5150] 27/7/2015 12:57

Nice find bb. Ive taken the liberty of copy and pasting the article to my URI thread.

[bigboots] 27/7/2015 12:51

Great article on URI

It looks like AHT are actually winning business from URI

[topicel] 27/7/2015 12:09

Very technical Bracke, but thanks for the tips.

As I understand you, the retrace pattern of the previous three days could occur again but equally if, per your post on Friday, if the close today is in positive territory then it should begin to regain some of the lost ground as we lead up to the next update in a little while...

Watching and learning. Cheers.

Topicel

[bracke] 27/7/2015 12:01

Indeed clarky.

As I type the share price appears to be about to close this morning's opening gap. The important aspect is what it does next.

[clarky5150] 27/7/2015 11:57

Hopefully the resistance will provide a good support once we get through it with conviction.

[bracke] 27/7/2015 11:49

I doubt many of you bother looking at the lower timeframe charts which is understandable because you are likely to be buy and holders but it can be useful.

If you look at the three minute chart with the 200 SMA you will see that over the past three days it has been resistance. In the scale of things it is unimportant but if you are considering a buy it may be worth observing price action at this level.

[clarky5150] 27/7/2015 11:36

Same sketch as Friday. Lets hope the shorters/profit takers have finished with URI. if so i dont see us visiting 900p

[bracke] 27/7/2015 11:00

"Don't tell me this is another early gap being filled Bracke?"
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I wont. So far it's 1 pence short.

Interesting to note the high volume at the end of last week but so far no news of major s/holders selling.

[topicel] 27/7/2015 10:33

Don't tell me this is another early gap being filled Bracke?

A good trade for a few days but surely the value here will be seen again and prevent these falls/gains/falls intraday?

It does look like a summer doldrums thing more than anything suspicious in AHT's trading, plus the poor performance of URI.

I certainly won't go short anymore here, it seems too risky now. Broker consensus remains solidly above £12 on average and yet another out perform rating today I see with £13.50 as target. While these are often to be taken with a pinch of salt, the overall opinion does have some validity IMHO.

Topicel

[2flatpack] 26/7/2015 17:26

Just read the transcript of URI Q2 2015 Conference call.
They where defensive when asked about redeployment of plant from the oil sector
and cutting capex due to the surplus plant.
I think at National Pump they are left with major assets they cannot redeploy outside the sector, which are giving them the poor utilization and hire rates.
Maybe my rose coloured glasses again but I doe not think we have the same scale of problems.
as always I live in hope.
Cheers

[bracke] 25/7/2015 12:32

There is a reasonable probability that the share price will want to 'tag' 900.

If the share price moves up from Friday's close or drops to 900 then moves up there is a good probability of 1080-1100. If the share price continues down past 900 then re-analysis required.

[clarky5150] 24/7/2015 20:22

FYI I have started a very basic URI thread (cos I don't know how to add charts n stuff)

Bracke, Fingers, Fenners, I would appreciate any posts, analysis or opinion to set it on its merry way. I honestly think there is massive upside to both URI and AHT.

[clarky5150] 24/7/2015 19:42

Aye. Aht keeps trying to claw out of it but URI pulls us back in.

[dealer1972] 24/7/2015 15:53

wow, doesnt look to have been this oversold since 2011! RSI under 25.

[bracke] 24/7/2015 15:09

clarky

Sentiment, perception, profit taking who knows. Just be grateful AHT has not dropped by a similar percentage.

fenners is very quiet. I hope he has not decided to go into hibernation early this year.

[clarky5150] 24/7/2015 15:04

Yes Bracke, thats what im talking about. 46% from the top on very little negative sentiment. URI could be a king maker.

[bracke] 24/7/2015 15:03

URI - High (120) to to-day (65) -46%

AHT - High (1240) to to-day (955) -23%

[clarky5150] 24/7/2015 14:43

and taking us down for another dip i see.

[clarky5150] 24/7/2015 14:36

URI not feelin the love from the septics again..

[bracke] 24/7/2015 13:51

If it's not you clarky it must be fenners.

[clarky5150] 24/7/2015 13:33

and that lucky sod is 20 points up already.