Ashtead Share Discussion Threads

[thompsonnic] 28/8/2019 12:48

ianwwwhite

Hopefully it is a good plan, time will tell. At the moment it is not working too well, but I suppose that could be that the markets tend to be lower the week after August Bank Holiday and then recover in September when the kids go back to school and people have money to reinvest and buy. That is what I have been led to believe, but of course like everything else it could wrong. Anyway good luck everyone.

[bracke] 27/8/2019 10:47

Good day nod

"When controls are removed, greedy people will find ways to exploit loopholes. We saw this with our banks and other financial institutions. "Trust us", they said."
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Some things never change.

[ianwwwhite] 25/8/2019 21:13

Hi Thomsonnic,

Glad to help. Sounds like you've got a good plan, and glad to know you like the thread, me too :-)

[thompsonnic] 25/8/2019 00:03

Thanks for your reply ianwwwhite. I was just interested in how people used the money that they received from their dividends. I used to have an instruction on my ISA and Investment accounts to reinvested the money from the dividends back into the relevant share. I am not sure it is still in place. My investment strategy, at the moment,is to have a sum of money for example £20000 which I invest in a particular share. When the share hopefully goes up to a nice level, I sell the number of shares that equals the amount of money invested including costs. The remainder of shares are then kept in that particular share and I move onto the next share and repeat the same process. Ashtead is a particular favourite of mine as it has consistently got me out of trouble when I mess up on other shares. Also this board is a favourite of mine as the people who frequent it are courteous unlike on some of the other bulletin boards. Anyway thanks again for your reply.

[ianwwwhite] 23/8/2019 18:20

Riley109

Thanks for this clarification

[riley109] 23/8/2019 18:17

ianwwwhite,in response to this link posted by nod,
Regards.

[ianwwwhite] 23/8/2019 18:11

Hi thomsonnic,

RE:
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When people receive their dividend payments do they reinvest the money in Ashtead or are they just happy to have the cash amount.
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I am not aware of any Ashtead scrip dividend scheme, so it seems you will have to receive your dividend in cash. Whether you use this cash to top up your Ashtead shareholding is dependent upon your own portfolio strategy, attitude to risk, and perceived alternative opportunities.

In my case, the dividend is received within an ISA, and reinvested in other opportunities, as I have a target maximum for my Ashtead exposure within my desired risk profile.

Not sure whether this helps, but the important point is to keep the money earning a return, and enjoy the benefits of compounding... ....Einstein's eighth wonder of the world: "he who understands it, earns it; he who doesn’t, pays it.”
..

[ianwwwhite] 23/8/2019 17:35

HI Riley109

I may have missed something, but can you enlighten us, what is the relevance of your 'McGrath' post to Ashtead?


Thanks
.

[ianwwwhite] 23/8/2019 17:31

Good afternoon bracke

Looks like the hope of a higher high is going to have to wait a bit.

The FED minutes may not have stirred the markets but Trump has certainly has roiled them with his tweets:

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Donald Trump has labelled China’s premier and the head of the Federal Reserve as ‘enemies’;. In a series of tweets, the US president escalated his war both with China and America’s central bank. Government debt rallied and stocks fell as investors responded to deepening uncertainty over US policy.
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DOW currently down (-457) as I type...

My post 57196 does appear remarkably prescient!
.

[nod] 23/8/2019 16:07

bracke, feel free to pile it on. I'm thick-skinned. I have no current interest in AHT. I Was an investor in AHT in the past. I don't trade short.

Buy backs is a concern i've expressed on advfn for the past 10-15 years, without any concrete evidence other than shareholders never benefit.

As a chartered mathematician for 50+ years, I felt a sense there was something wrong with the maths for shareholders. This is the opinion I've voiced many times on these boards over the years. However, I exit companies that do buybacks as I could not understand the benefit to shareholders, so I don't get into any complex discussions.

You are obviously smarter than me and clearly understand the benefit to shareholders. We will leave it there.

[bracke] 23/8/2019 14:58

Good day ian

The FED Minutes failed to light the blue touch paper. Perhaps the G6/7 will do the business. Still waiting for the higher high.

[bracke] 23/8/2019 14:56

Oh nod!!! You are treading on very dangerous ground.

I couldn't possibly comment.

[nod] 23/8/2019 01:15

Listen to: Are stock buybacks a corporate scam? from Business Daily in Podcasts.

Over Four Trillion USD has disappeared in buybacks over the past nine years. It has become the new way to line the pockets of fat cat executives.

The case for banning stock buybacks

[thompsonnic] 22/8/2019 23:16

I'd like to ask a question regarding dividends if I may.

When people receive their dividend payments do they reinvest the money in Ashtead or are they just happy to have the cash amount.

Thanks in advance

[ianwwwhite] 22/8/2019 18:36

Thanks bracke.

Seems to me that the market is still very frothy, and it is difficult to pick out serious trends whilst we have a lunatic at the lift controls ... up, down, up again, who knows?

Still a case of hunkering down, and waiting 'till it all blows over in my view, others may be more brave, in the meantime the PET board continues to provide some light relief to relieve the boredom if you don't have skin in the game... :-)

[bracke] 21/8/2019 16:39

To-day at 19.00 the FOMC Minutes are released. The probability is for doveish sentiment. If so expect further rise in the market and the share price to make an attempt on 2200

[bracke] 20/8/2019 17:24

Following the high at 2342 there have been two lower highs and three lower lows.
To avoid another lower high the share price needs to rise above 2254.

Highish volume to-day at 2 Million but a narrow range with a close just below yesterdays but held above 2100.

Friday is G7 Meeting and Mr Powell is also due to give a speech after the UK market closes so any + or - will not be seen until Tuesday.

Negative interest rates here we come?

[ianwwwhite] 16/8/2019 11:53

What a fickle market this is.

Normally I might be looking to pick up a few extra shares on the bounce, but in this case it appears we are only a tweet away from yet another DT inspired disastrous fall.

In the meantime the pound, against the dollar US$1.2163 and Euro 1.0977, seems to have clawed back some ground...

[ianwwwhite] 16/8/2019 11:47

Lairdavid,

lol! Thanks for the correction.

[lairddavid] 15/8/2019 22:35

Think you might find its the CEO of A canabis plant growing company in Canada that has been fired. (A Plant)