Ashtead Share Discussion Threads

[bracke] 26/2/2016 15:56

And close above 900.

I trust all s/holders will be on their knees giving thanks.

Now for that gap!!

[topicel] 26/2/2016 11:46

But we crossed the line that mattered in '66, thanks to a Russian linesman... ;)

As regards Trump and his lunacy, if it comes to pass that Super Tuesday goes his way then I'd imagine Wall Street will throw their toys out of the pram as it would almost certainly mean he will get on the ticket and ensure a third Democratic term...

How that impacts AHT I've no idea but gold and other havens will benefit I'd imagine...

Topicel

[bracke] 26/2/2016 10:03

Good day fenners

I trust you are well.

The length of the border between USA and Mexixo is 1954 miles. That's a lot of bricks or more likely a lot of fencing. It's no use fencing only part, remember the Maginot Line.....the Germans went round the ends; typical unfair play by the Germans.

[family values] 26/2/2016 07:59

Looks like 900p will be breached at the open.
The taking of positions ahead of results could make for some additional excitement.
The macroeconomic news is poor but in the madhouse of share valuation that is usually beneficial as politicians take decisive actions(spend our money)

[fenners66] 25/2/2016 23:52

Bringing US political figures into this what chance Donald Bottom Burp winning and building a wall?
That large construction project has been discussed in the past..

[bracke] 25/2/2016 18:36

2flat

Average daily volume is 2.35 million which is generally what it has been doing. You should also bear in mind that there are ways of share dealing which are not on the main market eg dark pools.

33 million is a chunk of shares but it depends how they are covered, gradually or all at once.

Maybe shares are being accumulated but not so you will notice.

You have not long to wait before you are put out of your edginess.

[2flatpack] 25/2/2016 18:12

bracke
I am surprised at the volatility on such small volumes.
It makes me nervous when you see the fire power of the hedge funds / shorters. They have in excess of 33 m. shares deployed and who knows what in reserve.
I would imagine they can drive the S/P anywhere they want it, no matter what the result .
I would have thought the ii would have countered by picking shares up at the bottom but they look reluctant to cross swords or is that collusion .
As always I live in hope, but a little more on edge than usual ,
cheers

[bracke] 25/2/2016 16:58

Source

O ye of little faith!

[bracke] 25/2/2016 16:57

Good day 2flat

With 3rd qtr results due on Tuesday it depends on the tactics the bigger players adopt.

1 Hold it where it is and then; assuming the results are good, 'fire it up' maybe to fill the 965 gap.

2 Knowing the results will be good with nothing nasty to be revealed, cover shorts to push it over 900.

If 965 is filled 1000 is the target.

[source] 25/2/2016 16:53

I guess if it could not break £9 on a huge FTSE up day like today then its not suggesting a blow through higher up then.

Regards,
Source.

[2flatpack] 25/2/2016 15:54

Bracke.
.
When the share price reaches 900 resistance is a strong probability but if there is intent to take it higher watch for a 'shot' of volume to push it through resistance.
.
If your ready with your 'shot' any time now would be good.
heers

[topicel] 25/2/2016 09:39

Thanks James, knew the day but leap year threw me. Lol. Tuesday 1st it is!

Topicel

[2flatpack] 25/2/2016 09:39

No change in shorts so far today'
.
From Short Interest Tracker.

Adelphi Capital LLP 0.70% ↑ 0.10% 2016-02-03
Alyeska Investment Group 0.60% ↑ 0.10% 2016-01-29
Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.42% ↑ 0.04% 2016-01-28
Coatue Management, L.L.C 1.17% ↓ -0.08% 2016-02-18
ODEY ASSET MANAGEMENT LLP 0.86% ↓ -0.04% 2016-02-22
Total 5.98%
.
Cheers

[2flatpack] 25/2/2016 09:31

As I heard Geoff Drabble say at a presentation to the highly paid analysts .
Yes it does snow in the winter every year.
yes it does effect business every year.
Does it effect profits?
LOOK at the results.
He's got a way with words.
cheers

[james97] 25/2/2016 08:40

Quarterly update Tuesday 1st March.

[topicel] 25/2/2016 08:19

As with all these things, known or unknown, lol, the impact of weather is really just another swings and roundabouts situation.

Seeing as we are awaiting a quarterly update on the 2nd March I'd say that severe weather halting outside work is generally bad retrospective reporting-wise, is it not? The benefits, what they are, would be factored in by number crunchers down the line and then become a forward-looking advantage.

Help, I'm turning into Rumsfeld! Where's Bracke and his morning gap briefing when you need him, maybe nine squid is back on before results again?

Topicel

[james97] 24/2/2016 22:49

Disco,

Ok I did miss that to a point. But even this still seems to be weather that stops things happening rather than which damages infrastructure that needs to be rebuilt.

[discodave4] 24/2/2016 22:30

James,

I did mean.......the "severe" weather being good news for AHT!.

Think you must have missed the "severe" cold weather & snow storms early Feb in the North-East of the US.



DD

[james97] 24/2/2016 22:14

That last post was was on Topicel's post.

Disco got in between. On that post no bad weather is not good for AHT, it brings construction to a halt. Severe extreme weather helps AHT but I don't think that has happened.

[james97] 24/2/2016 22:06

But still worst of all are the unknown unknowns.

[topicel] 24/2/2016 21:08

Custard pies loaded and aimed at any passing Laird. How very dare he!

Time for a Rumsfeldism..."the known unknowns of the shock market these days are more complex than the known knowns, if only we knew them".

We await another day of gripping excitement. Probably be flat. Lol.

Topicel

[bracke] 24/2/2016 18:14

Good day LAIRD

After that post anything I say will be considered vastly optimistic!

You should expect some flak from the 'natives'. Attempts to excuse yourself with comments along the lines of 'no shooting the messenger' will not help you.

We trade/invest in interesting times with biggish swings in FTSE and DOW both of which are in downtrend.

If AHT spikes up on the results it may be worth a short but AHT likes to catch out shorters so you need to be confident that the trade is correct.

Worth keeping an eye on shorts being held as posted by 2flat.

[lairddavid] 24/2/2016 16:28

Activity in the U.S. service sector declined in February for the first time in over two years, underpinning concerns that growing economic uncertainty is affecting domestic demand.

Market Economics' flash services purchasing managers index slid to 49.8 from 53.2 in January. Edging in below 50--the threshold that separates contraction from expansion--the February result marks the first contraction since October 2013, when the government shutdown affected activity.

The contraction was unexpected. Economists surveyed by the Wall Street Journal expected the index to held relatively steady at 53.1.

Softer underlying new order growth and uncertainty about the economic outlook weighed on business activity, respondents indicated, and heavy snowfall across the east coast hampered activity.

"Weather can only explain part of the slowdown," said Chris Williamson, chief economist at Markit, who noted that, with the exception of the government shutdown in 2013, this month has been the worst month for business since the recession.

The service sector has powered the U.S. economy, offsetting a struggling manufacturing sector as Americans continued to shell out at the nation's shops, restaurants and other service providers. But gauges of the sector's health have cooled in recent months as consumers and businesses grow increasingly worried about the economy and financial market volatility.

In February, new business growth slowed for the third straight month and respondents pointed to growing reluctance by clients to commit to new projects.

As conditions soured, service providers' optimism over future conditions waned to a five-and-a-half year low. Still, firms hired and payroll growth held above the average seen since the start of the recover.

The Markit flash reading is composed of about 80%-85% of all responses that go into the final report. The survey comes ahead of the Institute for Supply Management's gauge, a carefully watched report on the state of the national service sector, which is due out on March 3.

(After our earnings announcement on the 1st) It may be worth a short the Bracke?

[family values] 24/2/2016 11:40

Is this the bottom? Looks cheap as chips at present.

Only concern is that positive results next week have a sting in the tail with warning on current trading.

In this market that might not go down well?