Ashtead Share Discussion Threads

[bracke] 28/7/2017 15:35

Just short of a gap fill at 1630 which may not matter but am opening gap this morning
at 1660. So are you a buyer for the upper gap fill 2flat?

[2flatpack] 28/7/2017 08:24

Another buying opportune but still not closed the gap.
I live in hope with just a few cuts.
cheers

[bracke] 27/7/2017 17:31

Another doji today and volume back to average.

SP holding at previous s/r zone....1660.

[fenners66] 26/7/2017 16:18

Stopped the rot today

[bracke] 26/7/2017 15:37

Disco

Ref Lethargy

Either profit taking following the recent rise to 1720 or a concerted effort to take the share price down. Either way sellers are in control with volume.

2flat

Be careful you don't cut yourself with the falling knife.

[2flatpack] 26/7/2017 14:51

CARPETBAGGER!!!!
I expect I am the only one catching this falling knife .
I'm an all weather supporter.
Cheers
Carpetbagger

[discodave4] 26/7/2017 14:37

Afternoon bracke, no problem, blame 2flat the scally-wag!.Another fairly bullish day and AHT is lethargic to say the least, any reason?.DD

[bracke] 26/7/2017 13:35

Apologies Disco it must have been that carpetbagger 2flat.

fenners

If the UK business was sold and the remainder re-listed in the US where would the Directors go. Logic says to the US. Perhaps that's why the keep the UK business, it provides a reason/excuse to remain in the UK.


I note that the volume yesterday was again high. Average volume is 1.9 million.

[fenners66] 25/7/2017 21:56

Having said that it gives me an idea - not one I really like - but how about selling UK business paying special divi and re- listing in the USA on a higher PE rating?

No I do not like it but.....

[fenners66] 25/7/2017 21:54

Bukko - UK construction is almost an irrelevance to AHT it's nearly all Sunbelt.

[bukko] 25/7/2017 17:45

DD4
"URI up 2%, CAT up 4.4%......AHT big fat!, chuffin gaps :("

Forecast fall in UK commercial and retail construction activity masked by infrastructure and housing?

[2flatpack] 25/7/2017 17:28

did someone say 1630?
promises promises!

[discodave4] 25/7/2017 17:08

bracke16.30, don't think so, must have been somebody else.DD

[bracke] 25/7/2017 16:35

Disco

I seem to remember that you were looking for the share price to drop to 1630?

[bracke] 25/7/2017 16:21

There's just no pleasing some people!

[discodave4] 25/7/2017 15:38

URI up 2%, CAT up 4.4%......AHT big fat!, chuffin gaps :(

[bracke] 25/7/2017 13:49

That's the next (large) one filled.

Sellers in control again so far to-day.

[bracke] 25/7/2017 10:29

Yesterdays opening gap filled but two below.

[fenners66] 24/7/2017 23:14

Yes noticed the particularly large volume...

[bracke] 24/7/2017 17:27

Three points short of a gap fill. Maybe tomorrow but that will be of little interest to those who inhabit this thread.

What maybe of interest, although again I doubt it, is to-day's volume. Quite a struggle but honours go to the sellers.

[2flatpack] 24/7/2017 11:41

opened small S/B long @ 1674, was hoping for a a retrace to 1630 so held back a few bob.

cheers

[bracke] 24/7/2017 10:10

A retrace to fill the gap?

[discodave4] 20/7/2017 20:02

(ShareCast News) - Ashtead, the US-focused equipment rental group, was given a boost on Thursday by strong results and market commentary from US peer United Rentals. Second-quarter earnings from United Rentals beat expectations and the company upgraded its full year revenue and operating profit guidance. Commentary from management as the industry enters its busy season noted stronger volumes and "an improved rate trend" across the business. United enjoyed a rate impact of -1.2% in the second quarter, up from -1.4% in the first, and marking another period of sequential improvement from the depths of the -2.8% and -2.4% in the first two quarters last year. Analysts at RBC Capital Markets in London said these comments are likely to be in focus for its FTSE 100-listed rival and follow news of a Canadian acquisition earlier this week. "For Ashtead, this has been a key concern of the market, with a view that a negative rate environment inferred oversupply and therefore a slowing down of growth in the US (despite AHT demonstrating that rates have been flat and largely stable over that past 12 months)," RBC said. However, RBC said that even with rates flat or slightly negative, volume potential and the efficiencies of its scale should continue to drive margin growth for Ashtead. "We continue to like the structural story, and with potential for additional capital returns," the analysts added, pointing to a 12.9 price/earnings ratio for the 2018 calendar year for a two-year compound annual growth rate in EPS and DPS of 13% and 12%.

[discodave4] 20/7/2017 18:08

2flat, sorry missed your earlier post - well done on your SB and also missed the URI Q2.ssssh don't mention gaps!DD