Ashtead Share Discussion Threads

[bracke] 12/6/2018 10:53

Good day Disco

Last time I was boiled!


Good day fenners

Three possibilities before the results:

1 Push it above 2400 and head for 2500.

2 Hold it at 2400 and await results.

3 Drop it down from 2400 leaving room for a rise at the results.

[fenners66] 11/6/2018 19:56

Just wondering if all this share price appreciation is setting the bar a little too high for results day ?

[discodave4] 11/6/2018 18:53

brackePlease make sure you don't get burnt! - in both meanings of the word!.DD

[bracke] 11/6/2018 17:51

Still trying to make its mind up about 2400.

[bracke] 11/6/2018 15:43

Good day uppompeii

Yes in both meanings of the word.

[uppompeii] 11/6/2018 15:19

It's a nice day, I wonder if bracke still has his shorts on?

[football] 11/6/2018 08:35

30 FREE plusone coins here but running out fast so don't miss out!!!

[ianwwwhite] 11/6/2018 08:33

Nice one, thanks DD

[discodave4] 09/6/2018 07:53

Ashtead could surprise on the upside:-Fourth quarter results from equipment rental company Ashtead (AHT) could surprise on the upside, according to Jefferies.Analyst Will Kirkness retained his 'buy' recommendation and increased Jefferies' target price from £24 to £27.50. At the time of writing, Ashtead which was trading up 1.05%, or 25p, at £24.14.Kirkness said results next Tuesday should show rental revenue growth, which in turn could drive earnings.'The North American trading environment looks very supportive for volumes on rent, while utilisation and peer updates suggest a strong rate environment,' he said.'We anticipate in line full-year 2018, but see upside risk in building for full year 2019.'He added that the Ashtead's pricing model is driven by product, customer, location but perhaps most importantly utilisation, which will benefit from a strong volume environment.

[ianwwwhite] 08/6/2018 20:01

pm032017

Just read your Evening Standard article link, thanks, a great read!

Geoff is a class act, but I think we are going to miss Suzanne..

[perfido] 08/6/2018 17:56

Cheers bracke, I'll do as you suggest

[bracke] 08/6/2018 15:38

Good day perfido

The simplest action is to use the Filter option. Thus each decides what they want to read or not. I have applied the filter.

I note yesterdays gap was filled.

[fenners66] 08/6/2018 14:38

Second that - thanks

[dcarn] 08/6/2018 14:01

Good read pm032017, thanks for that.

[pm032017] 08/6/2018 13:05

Here's a little snippet from a brilliant article on AHT and its charismatic chief Geoff Drabble on Evening Standard today.

"Investors have seen the merits of giving industrial-factory types an Amazon-style ordering system, driving the share price up from £1 when Drabble took over to a staggering £24 today.

Annual results for this year are due on 19 June with City analysts forecasting more than £1 billion of profit."

Read the full article here:

[ianwwwhite] 07/6/2018 22:07

Mattcookson

Filtered.

IWW

[discodave4] 07/6/2018 21:56

mattcooksonFiltered.DD

[dcarn] 07/6/2018 20:27

Your extremely lucky to come across one of these stocks in a lifetime. As mentioned above 2p to £24 in 15 short years.

[pm032017] 07/6/2018 19:57

You don’t come across these type of stocks that often. Backed by the £1 billion share buy back program, this year alone Ashtead has risen by over 60% and growth has been amazing over the last 5 years (+300%). I would definitely hold on to these for a long time. Looking forward to a smashing year end results announcement in couple of weeks time.

[perfido] 07/6/2018 19:37

Hi fenners, bracke,

Is it possible to get this guy moderated, he seems to be out of control and it's not the sort of language we welcome and usually get from posters here?

Is intrinsic value still around?

[perfido] 07/6/2018 19:06

I rest my case. I don't think matt is going to fit in very well here....

[pm032017] 07/6/2018 18:36

The only reason share price pulled back towards the end of the day today is because of the sterling going up and as a result FTSE 100 going down. If you look at the graphs AHT and FTSE 100 graphs are almost identical. If it wasn’t for FTSE dropping this would have easily closed over 2450 today. Never mind there is always tomorrow :). At least it closed up again. I can easily see this hitting the 2600 by results day.