Ashtead Share Discussion Threads

[bracke] 05/10/2017 18:27

Looking at what the US markets have done after the UK closed bodes well for AHT if the rise is held.

[fenners66] 03/10/2017 22:39

We closed up 3.3% , but URI closed up another 2.5% and are now over $142

So have we even kept pace?

It may be that Trump can actually get some tax reform done, which may lead to some more spending in the US say on infrastructure etc....

On the other hand maybe he will just alienate everyone on twitter.........

[ianwwwhite] 03/10/2017 19:56

I can but agree.

Interested to understand what prompted today's rise. Unless there is something specific, it may well be that AHT has got a little ahead of itself in terms of 'fair value' (that bit we have to work out for ourselves!). A period of consolidation would not be unwelcome in my book.

[bracke] 03/10/2017 18:44

AHT is definitely for tortoises not hares. Buy and hold has been the way.

fenners' £40 by April is maybe 'pushing it'............... probably June but if the market does not take fright in the near future £20 is highly likely. If in addition we get the usual Santa Rally......... £25.

[ianwwwhite] 03/10/2017 18:32

Hi bracke

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
You come up smelling of roses and I'm still among the dandelions.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

....oh that it was true!

I'm sure that your investment record compares equally favourably with my own, or better. It's just that you are a bit more active than me - we sloth investors like to take our time, and frequent naps in between!

As far as tomorrow is concerned, I would not presume to comment. I guess my investment style is reactive, rather than proactive...

I sold today on the basis that the price rise was too good to be true, and if it held, the risk profile of my investments would be too AHT centric. I anticipate that others may also see an opportunity to bank some profits as I did.

If the current price is maintained, or even rises further, I am content to hold on to the remainder of my holding, and indeed if the price falls back appreciably, I would consider a repurchase.

My faith in the companies prospects remains undiminished, so I am still in for the long haul, until the fundamentals change.

I appreciate that this doesn't help in the slightest, and confirms my instinct, I'm just not cut out to be a TA soothsayer!

[bracke] 03/10/2017 17:38

So be it ian. You come up smelling of roses and I'm still among the dandelions.

So what's it to be tomorrow? Normally I would say a retrace but given the way the US market is moving but it's not 'normal' so I stand aside.

[ianwwwhite] 03/10/2017 17:21

Good day bracke

Forgive me, the 'hanging man'comment was very much tongue in cheek and I promise will never be mentioned again!

The PC unfortunately is hobbled by the anti-virus programme that runs on start up - a necessity it appears if we are to keep the techo-savvy criminal fraternity at bay.

As for the golf, an instructor once told me it's all to do with LOFT - Lack Of Flipping Talent, he said, very funny I thought but he's just lost his tip!

[bracke] 03/10/2017 17:07

Good day ian

I know not what your handicap is but it's certainly not AHT.

Perhaps you could invest some of your profit in a new computer.....are you still using the Commodore 64?

You'r never going to let me forget that hanging man are you?

"I will now leave the dark arts of TA to the experts, and rest on my laurels! :-)"
==================================================================================

That is particularly cutting. A stiletto wielded in a velvet gloved hand.

As to the TA Experts will they own up please 'cause the non TA'ers are doing pretty well without it.

[ianwwwhite] 03/10/2017 16:36

Just got in from a rather poor round of golf to find AHT is going gangbusters!

An opportunity too good to miss,, I have sold 12% of my (ISA) holding at £18.49 - the price would have been a touch higher if it hadn't taken my PC so long to get up steam.

Still got a reasonable AHT stake, and today's proceeds will be used to re-balance my modest portfolio.

That 'bullish hanging man' I mentioned is certainly powerful medicine! However I will now leave the dark arts of TA to the experts, and rest on my laurels! :-)
.

[bracke] 03/10/2017 16:01

I remember you posting something similar last year and I thought 'you'll be lucky'.........and you were but I will not think it this time.

I remember the 'good ol' days' when bombs, shootings, hurricanes, earthquakes, flooding, etc would sent the market down, now it appears to add fuel to the fire.

One day......

[fenners66] 03/10/2017 15:49

Not too quick now AHT

£40 by next April 6th will be just fine........

[bracke] 03/10/2017 15:42

New high.

Resistance; if any; is likely to be at the ML IE. 1850.

[bracke] 03/10/2017 11:46

Of course, otherwise the tax man cometh!

[fenners66] 03/10/2017 11:23

April 6th is time for profit taking...

[bracke] 03/10/2017 11:15

Good day fenners

I had a similar thought. The market is being 'fed' not too much to drop the share price too far but sufficient to satisfy demand. Classic distribution.

The US market had a big push yesterday so is it now time for some profit taking?

[fenners66] 02/10/2017 19:40

Someone seems to be trading volume on down days - a large stake being liquidated?

[fenners66] 02/10/2017 19:39

URI and H&E now trading positive

[bracke] 02/10/2017 16:13

I will plead insanity brought on as a result of my association with this thread.

Perhaps Scuttle Airways would have been a better bet.

[ianwwwhite] 02/10/2017 16:07

Oh dear bracke!,

lol!

Monarch saved?? You almost had us there, and, I imagine, hundreds of stranded passengers waiting in departure lounges for flights home who had nothing better to do than read our thread.

I imagine some of them will want a word when they return, time to lie low methinks!

:-)

[bracke] 02/10/2017 14:06

No need to be concerned it's been saved.

[fenners66] 02/10/2017 13:36

Genuine laugh out loud at that one !

[ianwwwhite] 02/10/2017 08:43

Lol! Good spot fenners.

Can we now look forward to the report on Monarch Airlines collapse accompanied by a picture of the Queen?

.

[bracke] 01/10/2017 13:11

LOL they tried.