Ashtead Share Discussion Threads

[ianwwwhite] 31/12/2017 09:43

Greetings fingersxxd,

Now our Christmas is complete, love the 'gif' which I don't think we have seen before.

Came across your 'Hold v Trade' thread recently, quite thought provoking, as a lth I will continue to watch your progress with interest!

Happy New Year to you, and I wish you continued success with your own trades.

[2flatpack] 30/12/2017 14:25

Agreed kilgallp.
Things are getting too chummy and complacent .
Far too many consensus views .
Maybe AHT Is getting the share of the woolly cardigan and comfy slippers.
NEW YEARS RESOLUTION
To find alternate ideas and ways to speculate with AHT .
.
HAPPY NEW YEAR one and all.
Cheers

[kilgallp] 30/12/2017 12:50

Happy New Year to all on here, that make this one of the more pleasant threads to read.

[ianwwwhite] 30/12/2017 08:27

I see that the DOW ended the year down 118 at 24,719.

It failed to reach 25,000 which proved a more significant obstacle than some expected in 2017, despite the passing of Trump's Tax Reform Plan into law on 22nd Dec.

Although the DOW came close to 25,000, as the saying goes 'a miss is as good as a mile'.

What of 2018? I am not inclined to give another hostage to fortune, but instead would commend bracke's earlier post 54852, it seems to cover most possibilities.

Happy New Year!
.

[fenners66] 28/12/2017 13:07

Yeah , don't worry I'm not bitter...

[bracke] 28/12/2017 11:19

Good day fenners

Ref post 54859.

I remember you posting something similar last year and even the year before that and thinking "you'll be lucky" ........and you were. Barring a Black Swan I suspect that you'll be 'lucky' again this year.

What will be interesting is how high it will reach in 2018.

Each year I assume that you sell shares up to your CGT Allowance. It must be slightly annoying that the share price rises so that you return to the same share value. Never mind we all have our crosses to bear.

[fenners66] 27/12/2017 22:03

URI over $171

[fenners66] 27/12/2017 00:42

Happy New Year all - thought I would get that one in early - Bracke if AHT continues to steadily rise that's ok with me, it can wait until 6th April if it likes.....

[ianwwwhite] 22/12/2017 18:35

Merry Christmas to all on the AHT board.

May all your trades, long or short, be profitable in 2018
.

[lairddavid] 22/12/2017 18:09

Now Now!!! MY LAST aht trade was long. Have a lovely Christmas all.

[discodave4] 22/12/2017 17:27

Merry Christmas All.....even the nasty Low life shorters! (Only kidding)DD

[bracke] 22/12/2017 13:28

ian

Here is the full 53232 postGood day ian

"(I think it is time to forget the Xmas aberration!)"
=====================================================

No chance! It was too big a lesson to forget.

Apart from spending on infrastructure Mr Trump said he would cut Corporation Tax. This would encourage Apple & Co to take back to the US their overseas earnings. Think what that would do to the markets.....DOW 25,000?

[bracke] 22/12/2017 13:23

Good day fenners

I suppose you will be looking for AHT at £25 next year?

[palwing13] 22/12/2017 13:22

As we used to say in the RAF....."close enough for Government work".

[bracke] 22/12/2017 13:20

ian

Whether the DOW reaches 25,000 in 2017 or early in 2018 the probability that it will do so is very high.

I suppose the point I was making is that no matter what we think the market can and can't do.....it can.

Who genuinely thought that the DOW which had risen 13.4% in 2016 could rise 25% in 2017?

So where in 2018? The market is insatiable always requiring fresh impetus so what will Mr Trump give it. I put nothing passed him. He will have his own man running the FED and would likely prefer interest rates kept low.

'You Ain't Seen Nothin' Yet' is a phrase that come to mind, I hope Mr Trump does not let his imagination run away with him.

[fenners66] 22/12/2017 13:19

Looks like Santa has clocked off early for AHT !

[bracke] 22/12/2017 12:51

Come, come ian. Not like you to be curmudgeonly, or is it just your Christmas Spirit kicking in?

[bracke] 22/12/2017 11:08

Good day ian

Time for a look back to this time last year!!!

bracke Post 53232

Apart from spending on infrastructure Mr Trump said he would cut Corporation Tax. This would encourage Apple & Co to take back to the US their overseas earnings. Think what that would do to the markets.....DOW 25,000?
===================================================================================


ianwwwhite7 Feb '17 - 10:57 - 53233 of 54846
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bracke

Time is a great healer... :-)

In the meantime Dow 25,000? You're having a giraffe!

Currently the Baltic Dry Index, considered by some people as a leading economic indicator because it predicts future economic activity ( ) has dropped to 735 from a level of 1200+ in November.

That together with USA's current lack of leadership, and markets that some think are overdue a correction would lead me to be very cautious for the immediate future..... but hey what do I know?
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bracke7 Feb '17 - 11:32 - 53234 of 54846 Edit
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"In the meantime Dow 25,000? You're having a giraffe!"
======================================================

At the end of 2015 the DOW was 17,425. Talk of 20,000 was met with derision.

There have been forecasts of imminent large falls for several months. The largest DOW falls were in August 2015 and Jan/Feb 2016, they were both immediately bought back up.

It's been in sideways mode since mid December 2016 and generally remains so (rather like AHT). Eventually we will get the 'big one' but currently will it break and continue moving above 20,000 or will gravity take hold.

get the 'big one' but currently will it break and continue moving above 20,000 or will gravity take hold.
=====================================================================================

ianwwwhite7 Feb '17 - 11:49 - 53235 of 54846
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bracke

I take your point, let's see how it plays out....

Clearly if the Dow does get up past 24500, I will be removing my post, as is now the custom in this new post truth age!
===================================================================================

bracke7 Feb '17 - 12:09 - 53236 of 54846 Edit
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ian

"Clearly if the Dow does get up past 24500, I will be removing my post, as is now the custom in this new post truth age!"


Or you could claim 'alternative facts', which is what I will do.
================================================================================


It's not quite reached 25,000. Intraday High was 24,876 on 18 December but there appears little to stop it reaching that level.

So what next 30,000? or will it all come tumbling down in 2018?

[ianwwwhite] 22/12/2017 08:53

Nice one hawaly!

The Times article is behind a paywall, but I'm guessing you have posted the key AHT parts above.

Thanks

[hawaly] 22/12/2017 08:09

Big business toasts Trump tax cuts
The tax reforms boost multinationals — and there will be plenty of British winners too

"Among the biggest British winners could be Ashtead: the industrial equipment business had a bigger proportion of US sales — at 85 per cent of a £2.3 billion total, according to the broker AJ Bell — than any other FTSE 100 company last year, research by Factset found, and will therefore pay substantially less tax on its dollar earnings"

This morning's Times:

[fenners66] 22/12/2017 01:31

URI now $170.47

[ianwwwhite] 21/12/2017 18:28

Re post 54840, correction to RNS of 20/12/17 now issued by Barclays

My inet message to AHT may have helped.. :-)

[gersemi] 21/12/2017 07:25

IHG sees positive effects from Trump's tax changes and other tweaks to the corporate 'sphere'. AHT relevant I would say