Ashtead Share Discussion Threads

[ianwwwhite] 23/3/2016 11:12

2fp,

One can but hope.

In the meantime it seems that one of the AHT shorters Odey (0.51%) has had a bit of bad luck with some of its other shorts......

[2flatpack] 23/3/2016 08:25

I note credit suisse are sacking some of their investment bankers.
Lets hope they pick the right one's.
cheers

[1staxs] 23/3/2016 07:48

Keep an eye on oil 200MA(US). Key points coming up here (AHT) too on the technical. Looks like we are at a crunch point. Do the markets believe in the wider recovery or is this the next top. A few more trading days will provide more direction. If this is indeed the next top then Credit Suisse broker forecasts etc make more sense but I dont think we are there yet but technicals could take control of the markets again. Bull bear fight.

[2flatpack] 22/3/2016 20:32

Ian.
Glad you found it of interest.
Cheers

[ianwwwhite] 18/3/2016 18:27

No change in the Short Tracker indicator of declared shorts at 3.16% (special thanks to 2flatpack for identifying this resource which has gone a long way to aid my understanding of recent price flucuations).

AHT has continued to make steady progress, a solid weeks performance - share price has risen from 785 to 876.5 during the week.

For those with an interest in more esoterical indicators of general wellbeing, the Baltic Dry index has risen from a low of 290 in early February to 392, and the Vix Index (index of fear) has fallen from 28.14 (11/02/16) to it's current 14.44.

Interesting times, indeed!

[bracke] 17/3/2016 17:33

0.10% reduction in shorts is approx 1.5 million shares. The total of shorts outstanding is 3.16% = 15.9 million shares. If these are dripped into the market it should keep the share price rising.

[ianwwwhite] 17/3/2016 17:16

Short Tracker indicates a further reduction in Odey shorts:

Fund manager % short Change Date changed/created
Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.42% ↑ 0.04% 2016-01-28
ODEY ASSET MANAGEMENT LLP 0.51% ↓ -0.10% 2016-03-15

Total shorts reduced to 3.16% from 3.26%

[bracke] 17/3/2016 17:13

It closed above the fib and needs to hold.

The next main resistance is 900.

[1staxs] 16/3/2016 12:03

Budget is a supporting actor until the main star, (FED) puts in its performance. I have dropped my position here by 3/5ths today and will look to buy back in today, maybe tomorrow. down side for the day is more than the upside. put part of the sale in to aal but sat 60% cash for the next few hours. Rather out than in for a few hours

[bracke] 16/3/2016 10:58

A gap up this morning and as I type the share price is hard up against the fib. It needs a 'slug' of buys/short closures to push it through.

[broadwood] 16/3/2016 10:55

And they must be deluded.

[ianwwwhite] 16/3/2016 10:51

Quelle surprise!

Short Tracker is now showing a further reduction:

ODEY ASSET MANAGEMENT LLP 0.61% ↓ -0.15% 2016-03-14

Total Shorts is now: 3.26% down from 3.41%

[bracke] 15/3/2016 17:03

I know that you will all be in a state of colonic anticipation in respect of price action and the chart. Well.............I refer you to post 52089.

A good move up yesterday from the ML and an attempt today to continue upwards but it met resistance at the fib zone. It has only dropped back to yesterdays close so no damage done. The probability of the next move is likely to depend on the market reaction to the FED's utterances tomorrow.

[family values] 15/3/2016 16:10

Gotnorolex, you are well named.

[2flatpack] 15/3/2016 09:35

Short Interest Tracker.
Disclosed positions unchanged.
.

Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.42% ↑ 0.04% 2016-01-28
ODEY ASSET MANAGEMENT LLP 0.76% ↓ -0.10% 2016-03-01
Total 3.41%
.
Cheers

[gotnorolex] 15/3/2016 08:24

I'm expecting a push up on GO's budget announcement tomorrow on confirmation of HS2.

[bracke] 14/3/2016 13:22

Ref Post 52073

This morning the share price dropped to the Median Line at 775 and bounced up. If the bounce continues first target is a gap fill at 852.5 but there is a fib at 841 which may resist. If the bounce fades out then a drop back to the Median and probably to the Feb/March low.

[clarky5150] 12/3/2016 08:11

Just a nervous end to a week of battering as far as i see it.

[family values] 11/3/2016 16:34

Weakness today is most surprising.I assumed that the dip yesterday had been overdone off the back of the poor general market.

Felt sure that we would easily see a 4 to 5% gain today.

In to the bottom drawer you go