Ashtead Share Discussion Threads

[nortic 007] 17/6/2019 17:30

Not me Dave .There's my uptick to prove it.I'll await your apology.We're also waiting your apology on the other threads.Now behave you child !!!

[bracke] 17/6/2019 16:32

What have you done to upset him/her?

[discodave4] 17/6/2019 15:42

?Have one of mine, got more than enough!.

[bracke] 17/6/2019 15:38

Oh gooody! I've always wanted a stalker.

[discodave4] 17/6/2019 15:35

Sorry bracke, looks like my sad stalker (Nortic 007) is now ticking down anybody that communicates with me.

[discodave4] 17/6/2019 15:24

Good day bracke.Yep but think the odds are only 20% for a cut but then with Tango man who knows (Mr Fed cut or I will drag China out).Crazy though to think Wall Street approaching highs again and talk of cuts!.

[bracke] 17/6/2019 15:16

Good day Disco

They other aspect to consider is the FED Meeting on Wednesday and the market expectation of a rate reduction. Reduction or no reduction there is likely to be a 'reaction'!

[discodave4] 17/6/2019 14:03

Sorry chaps, just offloaded some and banked profit from £3.90.Probably regret it if bounces up on results tomorrow, was too overweight here (c 24% of PF) and do think tariffs plus poor weather has hit Q4 (hope not as still hold 15% of PF).Good luck all.

[dcarn] 14/6/2019 18:26

Buying opportunity at Ashtead, says Numis
Fears of a slowdown in US long-term project spending are overdone and creating a buying opportunity at equipment rental company Ashtead (AHT), says Numis.

Analyst Steve Woolf reiterated his ‘buy’ recommendation and target price of £28 on the shares, which rose 6.5p to £19.66 yesterday.

‘The broader trading environment remains supportive, and we expect Ashtead to continue to demonstrate further market share gains,’ he said.

‘We believe concerns of a rapid decline in its US end-markets are overdone. Trading at a significant discount to historic earnings valuations, the shares present a buying opportunity.’

[fenners66] 14/6/2019 11:23

I will have a look over the weekend and see if I can predict the divi

[ianwwwhite] 14/6/2019 10:30

Final Recap: Full Year Dividend Predictions:

Ashtead results for the year ending 30th Apr are due to be announced on 18th June.
So far we have the following estimates for the final dividend: (2018 27.5p):

Thompsonnic: 32.5p
mjcf: 33p
DD: 33.5p
bracke: 33.5p
SMCNI1968: 34p
Ian: 35p

(updated 14/06/19)

To join in, please copy and paste this post, and add your own estimate before 18th June.

No prizes for the best guess, just the appreciation and admiration of your fellow posters!

[discodave4] 13/6/2019 23:38

Hi bracke,I too looked at the AA financials some time ago and due to its massive debt put it on my short short list - went for CNA in the end.

[smcni1968] 13/6/2019 21:02

https://www.telegraph.co.uk/news/2017/09/12/aa-boss-fired-hotel-punch-up-blames-booze-pills-sustained-attack/

[ianwwwhite] 13/6/2019 20:15

Bracke, SMCNl1968,

Lol! Thanks for your explanations, most interesting! :-)

[smcni1968] 13/6/2019 18:23

i think that happened because they had shares transferred to them when they pulled out of Woodford

[bracke] 13/6/2019 18:10

ian

Back in the day there was a court case against the AA Patrolmen who were warning motorists about speed traps. So instead of warning motorists by waving them down they wouldn't salute.

[ianwwwhite] 13/6/2019 17:18

bracke

Thanks for your views.

My interest was mildly aroused by the RNS when SJP crossed the 5% threshold.

As you say, a sorry tale possibly of the pump, strip and dump variety so I won't be risking my 'hard earned' either.

Furthermore the AA patrolmen don't even salute the members any more as they pass!

[bracke] 13/6/2019 16:59

ian

I took a look at the AA. chart, financials and history.

It had been sold on a few times util it listed and was £2.50 at the IPO. It rose to £4.25 before commencing the long slow fall to to-days 52p. A typical City 'pump and dump'.

What a sad tale. Certainly not an investment share for me. As for trading, there are better opportunities.

[ianwwwhite] 13/6/2019 16:26

Incidentally, are we still supposed to be watching AA. ?

You might ask your friend, I've seem more action on the TV Test Card...

[ianwwwhite] 13/6/2019 16:18

Bracke

lol!

Me too!! It's not nice watching a frog have a near death experience...

[bracke] 13/6/2019 16:12

Ah yes!.....the frogs. The thought still provokes a sense of fear and panic.

[ianwwwhite] 13/6/2019 15:54

Wise bracke, very wise, I'll tell the frogs to stand down :-)

[bracke] 13/6/2019 15:50

Good day ian

I had not forgotten that previous good results failed to result in the customary share price rise, which is why I will not be partaking of 'buy the rumour' (I lack the intrepid spirit). I may have a dabble at 'sell the result' depending on the price action.

[ianwwwhite] 13/6/2019 15:28

Hi bracke

re 'Buy the rumour, sell the result'
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I wouldn't be so sure, as I am sure you will remember, there have been a number of instances in recent years when AHT has seemingly produced good results, but the share price has immediately fallen.

Not a problem for 'long term holders', who's patience is eventually rewarded, but seemingly not a sure bet for carpet baggers and scalpers?

Do let us know how you get on... :-)