Ashtead Share Discussion Threads

[bracke] 13/6/2016 10:25

It didn't quite make 930 but fairly close.

Let's see how it now deals with 960. Perhaps hold it there ready for the soar up tomorrow?

[fenners66] 13/6/2016 09:11

Sudden recovery has someone got wind of results?

[bracke] 12/6/2016 17:52

ian

Your view is understandable.

One rarely comes across a poor banker.

Banks are still too big to be allowed to fail.

[ianwwwhite] 10/6/2016 15:49

bracke

Cynical, moi?

You are right, I really must try harder to appreciate the efforts of our guiding lights in the financial markets - however I'm reading 'The Big Short' at the moment and it comes as a shock to find that many of those experts could be so wrong, cause such a catastrophe, and walk away largely unscathed to start all over again.

Cynical, mais oui!

[bracke] 10/6/2016 10:13

Good day ian

"some analysts are trying to influence the market...."
=======================================================

WHAT!! Surely not. What possible reason could they have to do that?

You are far too cynical. It's just that they have slightly differing views, after all what's 100% variance, it's only money.

Yesterday I was viewing the chart and thought 'Hmmmm is the target 960 or even 930'. This would then leave room for a miraculous rise back to 1000 or more on results day.......OH NO!! I've got a cynicism bug!!

[ianwwwhite] 09/6/2016 20:26

bracke

I recognise the 'stopped clock' scenario, but what mystifies me is that given the AHT information in the public domain creates a level playing field, how do the analysts come up with such widely varying outlooks?

It almost seems sometime that rather than predict the market, some analysts are trying to influence the market....

[bracke] 09/6/2016 15:42

ian

I have never seen a broker give a time frame to their forecasts. It means there is always the chance of being correct at some time in the future!

[ianwwwhite] 09/6/2016 13:40

bracke

Interesting indeed!

These analysts seem to inhabit disparate worlds, are we sure that they are all looking at the same company?

[discodave4] 08/6/2016 12:06

A reason for being plonkers!?, they just are, haha.Can't find anything.DD

[bracke] 08/6/2016 11:28

Disco

Do they give a reason?

Perhaps they know something about the results that everyone else doesn't.

[discodave4] 08/6/2016 10:20

Deutsche reiterate sell & target price 660.Plonkers!.DD

[2flatpack] 08/6/2016 08:15

Disclosed shorts up again.
Short interest tracker.
.
.
QR Capital Management, LLC 0.61% ↑ 0.11% 2016-05-12
Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.54% ↑ 0.12% 2016-05-18
Eminence Capital, LP 0.73% ↑ 0.11% 2016-04-22
GLG Partners LP 0.53% ↑ 0.06% 2016-06-03
Total 4.64%
.
cheers

[discodave4] 07/6/2016 10:48

Two days on the trot this looks like sine wave trading!DD

[2flatpack] 07/6/2016 08:37

I get the impression AHT try not to compete directly with the big boys .
They seem to choose locations where the main competition are small to medium size firms.
I suppose shark don't attack sharks unless they are very hungry .
Cheers

[discodave4] 06/6/2016 22:14

Sorry mjcferguson, not Mcj

[discodave4] 06/6/2016 22:11

Thanks Bracke, guess it may finally stop banging it's head and break through 990 :) now it looks like interest rate hikes will be pushed back (another month?).McjCan't see it will make any difference tbh. AHT were taking market share from URI and Hertz (& others). Hertz have been talking about this split for a few years now I believe (well according to google). Their Rev was nearly half AHT (incl A Plant) for 2015.A bit from the Hertz RNS:Founded in 1965, Herc Holdings Inc., which will operate through its Herc Rentals Inc. subsidiary following the separation, is one of the leading equipment rental suppliers in North America with approximately 280 company-operated branches, of which approximately 270 are in the United States and Canada. Herc Holdings is a full-line equipment-rental supplier in key markets, including commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture. The equipment rental business is supported by ProSolutions™, our industry-specific solutions-based services, and our ProContractor Tools™ line, both aimed at helping customers work more efficiently, effectively and safely. Herc Holdings' 2015 total revenues as reported in the recently filed Information Statement, were nearly $1.7 billion. After the spin-off, the company will have approximately 4,600 employees. DD

[mjcferguson] 06/6/2016 17:03

I notice that Hertz is going to spin off it's plant hire business and that it will be listed from 1July.I wonder what the implications will be for Aht.I believe that Hertz are no 3in USA market,a fair way behind AHT.

[bracke] 06/6/2016 16:54

AZ209

You don't need a prediction from me. It's been 'banging its head' against 990 for a week. If the results are as expected I have little doubt it will push straight up through 1000. The only question is how far above 1000.

1025-1060............unless Mrs Yellen says something unpleasant to-day. EDIT - She didn't.

[az209] 06/6/2016 16:20

Is Bracke going to make a prediction on the share price, assuming the results are strong ?

[broadwood] 06/6/2016 15:40

Not long to wait.


Ashtead Group plc announces that its fourth quarter results for the period
ended 30 April 2016 will be announced on Tuesday 14 June 2016.

[discodave4] 05/6/2016 18:16

Aunty Janet speech tomorrow.DD

[broadwood] 01/6/2016 16:03

I suspect the expected US rate rise will be handled calmly by markets who seem to have got used to the idea - and are reacting positively to good news for a change.

Meanwhile, 'on with the Motley'.



Shares in power generator provider Ashtead Group (LSE: AHT) enjoyed a solid sprint higher last month, the stock gaining 8% from the close of April.

Despite this heady ascent, however, I believe the business still provides exceptional value for money, and that the firm’s full-year financials — pencilled in for Tuesday, June 14th — could provide fuel for Ashtead to gain extra ground.

Ashtead advised in April that” 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.”

As well as benefitting from rising construction activity across the globe, Ashtead’s marque Sunbelt and A-Plant are continuing to relentlessly grab market share across many markets.

It comes as little surprise, then, that the City expects the rental specialist to follow a 28% earnings rise in the period to April 2016, with advances of 12% and 8% in 2017 and 2018 respectively.

These numbers leave Ashtead dealing on mega-low P/E ratios of 11 times and 10.2 times for these years, leaving plenty of scope for further stock value gains in my opinion

[bracke] 01/6/2016 11:14

The share price didn't quite make it to 1000 but within the zone so no moaning.

The market is having one of its tantrums at the thought of a US interest rate rise.

AHT retracing but unless the market really takes fright 950 should be support.