Ashtead Share Discussion Threads

[trt] 04/3/2022 09:33

Could see below £45 very soon.

[perfido] 03/3/2022 17:51

A disappointing day where concerns about the Ukrainian conflict and the bellicose threats weigh heavily, and have thwarted a promising recovery formed in recent days.

Our thoughts must of course inevitably be with those involved or impacted ..

In the meantime one bright spot, my holding of CPI/RPI inflation linked NSCs are now yielding tax free 5.5% and 7.8% respectively, thus reinforcing IMHO in these uncertain times the value of having a diversified portfolio for those who doubted it.... (not smug, just saying :-)

Sadly these NSCs are no longer available to new investors, but existing holdings can be reinvested at maturity

[perfido] 02/3/2022 17:07

Ashtead closed +3.9% +187p at 5020!

Come on guys, my 60507 post deserves more than one 'like' tick, being a financial prophet is not easy, ask bracke :-)

'a prophet is seldom recognised in his own lunch hour ... etc' :-)
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[perfido] 01/3/2022 18:38

Just one week to go before AHT Q3 results update.

AHT looks cheap as chips, anyone fancy a top up ?

In the meantime my speculative Strix (KETL) ‘fun money’ purchase has suffered a ‘cyber’ incident but is showing resilience,



Time to put the kettle on? 😊
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[fenners66] 24/2/2022 21:21

H&E GAAP EPS of $0.59 beats by $0.24, revenue of $281.25M beats by $16.07M

[disc0dave45] 24/2/2022 20:13

Good point, thanks.

[fenners66] 24/2/2022 14:29

Ok as I thought might happen

"However since the majority of AHT business is in USA and possibility that the $ will rise I think that should add
to AHT resilience"

£/$ is down 2 cents - that should help

[bracke] 24/2/2022 11:26

Daily Chart

Blue dashed lines are unfilled opening gaps.

Red solid horizontal lines are possible support/resistance zones.

Black solid lines are Fibonacchi lines.

Red dashed lines are old s/r zones.

Also SMAs' 20, 50, 100, 200.

AHT DAILY




This is the Monthly chart

AHT MONTHLY

[dealer1972] 24/2/2022 11:24

I believe next gap down to fill is £37.66 ;)

[trt] 24/2/2022 08:00

Could see this go below £40 now.

[perfido] 23/2/2022 23:15

URI closed -4.2% @ 299.20… first time below 300 for some time

Fell 13.12, dropped like a stone! It seems AHT took this as a cue to lose todays gains during the afternoon..
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[disc0dave45] 23/2/2022 19:33

Thanks bracke

[bracke] 23/2/2022 17:52

Yes the emphasis has moved to value from growth.

Link to FTSE by Mrkt Cap.

[disc0dave45] 23/2/2022 17:21

Could that be because it's heavily biased towards defensive / "value" stocks (banks, miners, energy, etc)?

[bracke] 23/2/2022 14:35

disc0

Interesting that the FTSE 100 is not looking like crossing.

[disc0dave45] 23/2/2022 12:57

Good day Mr b
No comment :)

You mentioned the other day the bear cross here, also clocked that the FTSE250 (yes AHT is top tier but the 250 is more indicative of the general market - so folks say) also had its bear cross earlier in Jan.

[bracke] 23/2/2022 12:44

Good day disc0

We are in danger of embarking on one of those everlasting subject discussions which eventually get nowhere.

If you can find an economy that defeated inflation by pumping money into the supply side I would be interested to know.

[fenners66] 23/2/2022 11:45

Listened to BBC radio last night -they advertised a podcast "Sports Greatest Crimes - The Trillion Dollar Conman"

It was incredible to listen to and hear the stories people were prepared to believe - without questioning and what a man got away with.
Sven Goran Ericsson joined league 2 Notts County and thought they would be buying their way to the Premier League. He even went with the Conman to North Korea to seal a deal for all NK's mineral rights....
It sounds like fantasy when you hear it.

A lesson in how gullible many , many people can be.

[disc0dave45] 22/2/2022 19:15

Increase in the cost of materials - due to supply issuesIncrease in cost of wages - due to inflationDevaluation - of what?Policies and regulations - don't follow you, which in particular caused increased inflation?Increased money supply - yep demand but no supply!

[bracke] 22/2/2022 18:47

disc0

That's one of the causes. Others include:

Increase in the cost of materials.

Increase in cost of wages.

Devaluation.

Policies and regulations.

Increased money supply.

There are probably others but that's enough to be going on with.

[disc0dave45] 22/2/2022 17:52

Mr bIsn't the root cause of increasing inflation due to the fact that the supply of goods cannot meet demand - thus infrastructure investment would improve the supply bottlenecks.

[perfido] 22/2/2022 17:14

The current AHT debate seems to have taken on a 'bike shedding' bias (Parkinsons fifth law of triviality) recently.

Isn’t it plain that it is not AHT's order book which is the problem, but rather investors risk-off attitude over worries about the market 'systematic' risk as a whole, exacerbated by AHTs over achievement in topping the index last year after an extraordinary rise in price?

In the meantime are we not likely to see an investors 'cannons and trumpets' market rally in due course?

Discuss?

(bikeshedding? )
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[bracke] 22/2/2022 16:25

Good day disc0

"would reduce inflationary pressures as assists the supply side of the equation, plus putting more to employment and government income.
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If that is correct governments should simply pump money into the supply side to reduce inflation.

You will understand my scepticism. It appears to suggest that money put into the supply side doesn't get passed on to the demand side.

[disc0dave45] 22/2/2022 15:24

Good day Mr bI did read that the infra bill would reduce inflationary pressures as assists the supply side of the equation, plus putting more to employment and government income.It's above my pay grade tbh, some argue it won't help inflation, academic at this point in time as the bill gathers dust - but my glass is always half full :)

[bracke] 22/2/2022 13:19

LOL!!!

It may be argued that the Infrastructure bill would add to inflation which is currently running hot. Biden and the FED have pumped a lot of money into the system, time to take some back.

The US needs a saviour. Someone with flowing locks, tanned appearance and haughty with it.....any ideas?