Ashtead Share Discussion Threads

[uppompeii] 18/5/2016 15:49

I sense an Elite Guru has been outplayed.

[amaretto1] 18/5/2016 12:44

Trump is doing very well in the US elections,

if elected/or a deal done.

US infrastructure/buildings etc, never mind the WALL ;-) is set for Billions of $$ heading there way !!

AHT affect ?????????

[bracke] 18/5/2016 12:13

ian

"Nevertheless, although I wish you traders no ill, one hopes that in the long run, for longer term holders, the intrinsic quality of the company will win through in the end?"
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It may well do but the wider market rules.

2flat

"Not for the first time, do I detect a smile on your face."
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When I saw the top chart I immediately thought of your short followed not by a smile but wry resignation, its what it does. You may get a shorting opportunity at the 955/960 zone. I do not gain any satisfaction or enjoyment from peoples losses.

[ianwwwhite] 18/5/2016 12:03

broadwood

Good point, although I keenly await Deutsche Banks next pronouncement following their sell recommendation, TP 660 on 10/03/16 reiterated 25/4/16 - what's that all about??

[broadwood] 18/5/2016 11:38

In the last update, the company saw results at the top end of expectations (normal service)

But analysts were pretty insistent that AHT would be damaged by a perceived global slowdown aswell as suffering from the effects of the large cap expenditure needed as older equipment gradually needed to be replaced.

It seems Brokers are now beginning to row back from that pessimistic view and, incidentally, I cannot see from a quick appraisal, that the company has been fearful of an impending slowdown.

We'll know soon.

[2flatpack] 18/5/2016 11:36

Good morning bracke.
Not for the first time, do I detect a smile on your face.
Was hoping for a retrace but what the hell.
Switched back long with only minor losses.
My spread betting account is only for fun and to stop me playing with my investments.
I am very happy with the upward direction as I am over invested ,but cannot help it, with all the buying opportunities we have had recently.
Will have to watch URI at the US open.
cheers

[ianwwwhite] 18/5/2016 11:24

bracke

"I have no doubt that 'games' are played with this share price All very naughty."

I heartily agree, my thoughts entirely!

Nevertheless, although I wish you traders no ill, one hopes that in the long run, for longer term holders, the intrinsic quality of the company will win through in the end?

[bracke] 18/5/2016 11:11

No retrace. Break up with a vengeance. Typical AHT.

2flat

You've been AHT'ed. This thread is littered with the corpses of those who have shorted AHT mine included (I've got nine lives). I have no doubt that 'games' are played with this share price All very naughty.

I hope that you have only been singed and not badly burned.

[ianwwwhite] 17/5/2016 22:21

DD4

Interesting theory. Looks like the market will be under pressure tomorrow:

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Dow logs nearly 2-month closing low as rate-hike fear sparks sell-off
The Dow Jones Industrial Average on Tuesday sank to its lowest level in almost two months after comments from Federal Reserve officials fueled fears that the U.S. central bank would resume raising benchmark rates as early as June. The Dow tumbled 180 points, or 1%, to 17,529, marking its lowest close since March 28. Nearly all of the Dow’s 30 components finished in negative territory, led by a 2.5% slide in Home Depot Inc. . Shares of Caterpillar Inc. and DuPont closed in positive territory. The S&P 500 index ended down 19 points, or 0.9%, to 2,047, while the tech-heavy Nasdaq Composite Index finished off 59 points, or 1.3%, at 4,715.
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Interesting that URI and Caterpillar both closed up despite the selloff

[2flatpack] 17/5/2016 21:47

bracke
Just to show I am not a AHT carpetbagger.
When I saw URI was up 7% and rolling over, I shorted them as well.
So I guess you are correct in your assessment.
Cheers

[discodave4] 17/5/2016 21:14

Just a long shot, but would the oil sands fire in Fort McMurray, Canada, which could cost up to $9bn for insurers if the whole town has to be rebuilt, have anything to do with the upsurge in URI and possible knock-on to AHT?.hTTp://www.cbc.ca/news/business/fort-mcmurray-insurance-cost-1.3568113DD

[discodave4] 17/5/2016 19:44

Oooops, sincere apologies didn't realise amaretto was referring to GSK.I'm a bimbo!DD

[discodave4] 17/5/2016 19:39

BrackeYour confusing me!, granted doesn't take much but:"After a couple of previous attempts it broke up and reached 1516."I'm sure the highest it's ever been was 1231 on the 28th May last year.Must have missed it reaching 1516 ! :)DD

[amaretto1] 17/5/2016 17:47

Cheers Bracke, it has reasons to break through this time !

[bracke] 17/5/2016 17:44

amaretto

The share price is in a rising channel making higher highs and higher lows. Resistance is at 1466. After a couple of previous attempts it broke up and reached 1516. It then retraced below 1466 which if you are long is a disappointment. Resistance once broken often becomes support....but it didn't.

I suspect that it will try to break back up above 1466. If it does the target will be beyond 1516 but if it fails then the probability is a drop back to 1400.

[amaretto1] 17/5/2016 17:19

bracke, what are your thoughts GSK ?

[bracke] 17/5/2016 17:14

The share price is now at the moment of truth. It's been here previously and was found 'wanting'. It needs to break up. If it does then 955-960 but it may want a retrace first to say 910 before pushing up.

Failure to break up or continuing drop below 910 and there is to-days opening gap to consider......

As for you 2flat.....shorting; what a carpetbagger!

[2flatpack] 17/5/2016 16:41

Switched my long to a short ready for the morning.
The hedge funds don't take any notice of the analysts .
Cheers
PS. first time I can remember holding the two Top Movers, long may it continue..

[discodave4] 17/5/2016 15:23

Thanks broadwood.DD

[bracke] 17/5/2016 10:34

fenners

DOW closed up 176.

2flat

The true volume can be delayed. Only becomes apparent at the end of the day.