Ashtead Share Discussion Threads

[bracke] 24/11/2019 12:44

Good day perfido

Yes you are correct my time frames are shorter than yours in terms of taking any profits. I don't doubt that AHT has a good future but as someone once said 'events dear boy, events'.

I prefer to take the profit whilst it's there and then re-enter as appropriate rather than hold longer and see events take it away.

As for impeachment. It is unlikely that the Republicans will vote for it which means that sufficient votes will not be obtained to implement it. It is likely it will be a non event.

[perfido] 22/11/2019 18:07

Good evening bracke,

I think where our thinking differs is that my perspective is one of years, your's with respect is a lot shorter.

Nevertheless, I also think that market perspective is also a significant factor,
the market in 4Q18 is said to have fallen because of factors including:
* Fed Res interest hikes hikes
* Big Tech came under scrutiny
* Inflated company earnings
* GOP tax cuts
* etc

... it took everything down

We are currently experiencing a similar number of extraneous influences, China trade talks, Iran, impeachment (does anybody recall my 'it's not over until the fat guy is impeached' post some years ago?)

I think that all these factors are creating opportunities, and in the long term hope to continue to capitalizes on them.

DYOR,

P.S. Buzz Lightyear still rules and is still a holder for AHT I hear!

[bracke] 22/11/2019 17:29

Good day perfido

Such impatience!! I did post :-

"At some point it will break out but it could continue in the current range for some time as it did last year during July, August and September, which was also at the same share price level."

The breakout could be either way but it is due a drop. Whether the recent fall from 2400 to 2300 is all we are going to get time will tell. If it is going to rise to infinity ('and beyond' is excessive). Another break as at start of November is required but no dropping back with a long upper wick.

We are entering 'Santa Rally' season. All seems to rest on a US/China Tariff Deal which currently appears to be priced in.

[perfido] 22/11/2019 17:08

Disappointing day, I was looking forward to buying back the shares I sold on the 4th Nov at 2427.2 (prescient or what given the current fall?), after the 800 point drop that bracke heralded if we had followed last years pattern. :-)

Still keeping the faith, a long term holder for the risk adjusted remainder of my holding, come rain or shine, or until the story changes...

[bracke] 22/11/2019 14:27

GP filled at 2326 but I notice there is another from the 19th at 2350. It needs to fill that and at least move back into the range.

[davr0s] 21/11/2019 19:22

Just a retrace to mean trend following breakout for an efficient share in a slightly soggy market. All perfectly normal price action imo

[bracke] 21/11/2019 12:44

I have been without internet for two days so now catching up. My longer time frame indicators gave a sell signal on the 19th which I was unable to see.

The share price having dropped out of the range has continued down below 2300 and created a gap at 2326. I now prefer to see if it will retrace to test 2300 and possibly fill the gap.

[bracke] 18/11/2019 10:43

The share price has been trading sideways for two weeks. At some point it will break out but it could continue in the current range for some time as it did last year during July, August and September, which was also at the same share price level.

During the range last year there were false breaks to the upside and downside but when it did decide to let go it was fast and furious to the downside to the tune of 800 points.

[bracke] 13/11/2019 15:47

Mr Trump's speech didn't do much for the share price perhaps Mr Powell's will have more of an affect. In the meantime to-day the share price has dropped back to 2357 support and now moving back up towards 2400. The ranging continues.

[uppompeii] 13/11/2019 08:04

Good morning, I was just about to enquire after you. I thought the Council may have summoned you again.

[nicky21] 13/11/2019 05:48

ALL THEM YEARS AGO I WAS IN THESE!!!!!

[bracke] 10/11/2019 13:08

Have been unable to access internet for a couple of days, router fault. It's most disconcerting when unable to access the internet, one realises how much is done via it.However new router connected and catching up.

I was slightly surprised to see the opening gap down from Thursday to Friday given the rise in the US Markets. It appears that sellers appear when the share price reaches 2400 (O YE OF LITTLE FAITH).

So far the 2357 support zone is holding. It's forming a 2357-2400 range with a gap to fill at 2392.

We await events.

[perfido] 06/11/2019 17:06

Bracke,

Lol!
.

[bracke] 06/11/2019 16:36

perfido

"Old age takes its toll, or so I'm told... :-)"
=============================================-

I wouldn't know. My misinterpretation was merely a passing aberration.

Similar to the US Markets the share price has flat lined at support. I presume all are awaiting Mr Trump's response to the Chinese.

[perfido] 06/11/2019 13:54

Re 57372, thanks bracke.

Old age takes its toll, or so I'm told... :-)

[bracke] 06/11/2019 11:43

Post 57360

"The long wick on to-days candle suggests a reversal, particularly as it failed to hold above 2400. If it is going to reverse 2357 is likely to be the next support zone."
================================================================================

At 2357 support zone.

[bracke] 06/11/2019 11:24

Good day perfido


"Thanks bracke, but how does that differ from yesterdays RNS above?"
========================================================================

I thought it was a new RNS about take up as opposed to offer but I am easily confused as you know.


Good day rescuer

I trust you are well and still rescuing.

I remember you tipping it previously. I am very wary of AIM shares but I do accept that they can be very profitable. I note that since you posted about them the share price dropped but has since risen to just above the ML at 4.90p. They are now dropping back and at 4.27 as I type.

It's sobering to look at a long term chart which shows them at 130 in May 2007 from which it plummeted down to 7.27!! Since 2015 it has bobbled along between 2p and 6p so there is money to be made if you catch it right.

I would not be a buyer at the current level but might consider a dabble if it dropped back to lower levels.

[rescuer] 05/11/2019 20:53

Fenners / Bracke

the old timers -

have a look at JLP - maiden profits to be reported this month,

tipped it on here in March at 3p -

it's a multi bagger in the making over the next 18 months.

DYOR and all that -

I took a large position in March - now all the company ducks are lined up.

hope you are all well

R

[perfido] 05/11/2019 18:24

Thanks bracke, but how does that differ from yesterdays RNS above?

[bracke] 05/11/2019 11:04

Thanks fenners.

I was attempting to post a chart yesterday without success (new upload site Imgbb). Maybe better luck this time.

AHT DAILY

It seems not!!

Works when uploading to another site but not with ADVFN.

[fenners66] 05/11/2019 09:19

Bracke - I thought I had read yesterday's (monitor) news and hence saw the Alliance News snippet as something new.
Then looked down the list and noticed I had missed the detail re the tender.

I say detail but , I want to know exactly how much all this costs in fees ( wait for it ....exceptional items !!) and the interest cost year on year note the 3% redemption premium + accrued interest.

As far as URI getting a better rate.... could be they have a better credit rating, could be they have more friends, could be the duration but that steep a curve at the long end ?Could be they are better at negotiation ?

And If AHT were borrowing £1bn less ?
Well no interest, no fees, better credit rating, better interest rate on all other borrowings.....

Someone who has money , can borrow money far cheaper than someone who needs to borrow....

[2flatpack] 05/11/2019 09:05

Morning fenners
Just noticed URI have an offer very similar to AHT's, but only offering 3.875% on 2027 note, as against our 4% on a 2028 note.
I assume the additional cost is due to the extra year.
Cheers