Ashtead Share Discussion Threads

[discodave4] 22/4/2016 00:10

2flat, crossed wires :)Think today's increase was read across from URI, both share prices spiked up at about the same time (2:45pm), don't know what time the seminar finished though.URI closed up 7.9%.DD

[1staxs] 21/4/2016 21:39

back in here late today, should be good for 10-15% over the next few months if the markets dont freak out. Still short FTSE

[jonnym] 21/4/2016 17:45

URI up 6 pc as I write.

[huttonr] 21/4/2016 17:33

The presentation looks like an 'education for analysts' session. Perhaps attempting to cater for analysts who don't actually understand how the business works - and perhaps, we might get better quality forecasts from them?

[2flatpack] 21/4/2016 15:55

Must have been a good seminar.
Geoff must have made it easy to understand for them .Probable use cartoon characters.
Every one happy now.
I think I may even have a beer in the garden.
cheers

[2flatpack] 21/4/2016 14:25

DD
I was just commenting on your post.
I,m long,having been buying the dips ,I am well over invested in AHT, but with an unbelievable average, hoping no black swans fly over.
Cheers

[discodave4] 21/4/2016 13:47

2flatYour right, but there will be a squeeze at some point.Good luck if shorting, am long so buying on dips - either way, profit is profit (hopefully for both of us).DD

[salpara111] 21/4/2016 12:53

One of the big issues here is that the divi is so small that it provides no floor to the share price
I get the impression that the shorters are willing to hold their positions.
Look how they managed to drive the share price down dramatically on the last set of results.
I am interested in the stock but cant bring myself to invest given the current market situation.

[2flatpack] 21/4/2016 12:40

HerewegoUK
Am I?
If you read a page or two of the previous post,s you will see where I am coming from ,or perhaps not.
Cheers

[2flatpack] 21/4/2016 12:05

Disco
I did say after URI's last results that the way to play them was to short AHT.
With just over a week left in this quarter and today's statement what more can you ask for, it's as near a certainty as you can get,but my bank manager will not give me a loan on the strength of it.
No wonder the bank are struggling with such short sighted management.
As always I live in hope.
cheers

[herewegouk] 21/4/2016 11:58

Are you having a laugh ? ?

[2flatpack] 21/4/2016 11:37

One word answer- SHORTERS
They still have control, but the statement has served notice.
Buying opportunity ,will add when it turns.
Hopefully it will make the 775 if not the 500 level.
Cheers

[huttonr] 21/4/2016 09:43

Very occasionally, I think that I am beginning to understand the stock market - but after today's 'towards the top of the range of current analyst expectations' and a 27p drop in price - then I return to reality and concede that I do not understand it.

[discodave4] 21/4/2016 08:54

Think they need to issue s profit warning.........positive news just ain't working!.URI earnings beat analysts forecasts but they have trimmed slightly their outlook for the year.DD

[liam1om] 21/4/2016 08:25

I'm not sure what else could have been said to move this up this morning. All the pre market notes called it up 2-3%.

Credit Suisse:
Ashtead +2-3% Current trading good, FY results to be top end of range

[herewegouk] 21/4/2016 08:20

Interesting to see price rises, a buy of 150,000 goes through followed by lots a 600 share sells and the price falls negative,

[dcarn] 21/4/2016 07:12

Can't knock that.

Timed nicely to counteract any slight negatives from the URI results last night.

[broadwood] 21/4/2016 07:04

The Group has continued to perform well in the fourth quarter of the current financial year and we expect full year results to be towards the top of the range of current analyst expectations

[bracke] 20/4/2016 13:18

The share price is at its first test....to break above the last minor swing high at 860. If it succeeds the next target is 885.

[1staxs] 20/4/2016 08:14

Just bounced off the top of the wedge at open, 850, in early trades. Ready to get back in here if come week end the markets still look positive and AHT can close 850+ US seems to be looking very bullish and think with PE forecast here AHT looks good for a bounce to catch up with other stocks that have seen healthy rises. Still not convince in the bullish return to the markets but I am not going to fight it for now.

[bracke] 19/4/2016 16:51

Good day 2flat

I've seen this type of price action before.

The share price rises over a period of time and reaches new highs. It can then drop away or as in the case of AHT, attempt to break further up to new levels. If it fails to break through the shorters appear and also profit takers take profits. Once the fall begins it becomes self sustaining. Major s/holders are no longer holding large percentages of shares.

I suspect that the market is too nervous to buy into this share sufficient to move it back to any where near its highs. Perhaps AHT need to buyback shares as has been done in the past.

[2flatpack] 19/4/2016 16:37

Bracke
If you also overlay URI, AHT splits the two .
I noticed the divergence began late June about the time the shorting began.
With the shorters gone the only concerns should be to the up side.
Cheers

[bracke] 19/4/2016 14:55

I wanted to show a comparison between AHT and DOW but unable to post. However if you open the link, click on 'COMPARE' and tick the DOW box you will see the comparison.

Since the AHT high on 28 May 2015 it dropped away from the DOW, rose again at the end of 2015 and since then has continued to fall.

I mention this because 95% of AHT earnings are made in the US but it's share price is not reflecting the rise shown by the DOW rather the opposite. The share price is lack lustre. There must be a concern that when the FED increase interest rates it will aversely affect the share price

[ali47fish] 19/4/2016 14:37

thanks for the comment flatpack- in that case maybe the chartists on this board can use easier language - no jargon to drive their point- description on its own does not help. On another point even though the company says oil and gas does not affect them- it seems it does when the oil price goes up aht share price goes up as well!

[bracke] 19/4/2016 10:40

The DOW had a good day yesterday breaking through 18,000 and the futures are up this morning.