Ashtead Share Discussion Threads

[fenners66] 28/4/2022 07:08

Rental revenue for the quarter was $2.175 billion, reflecting an increase of 30.5% year-over-year, and establishing a first quarter record.

So both H&E and URI with +30% for the first qtr

[fenners66] 28/4/2022 07:06

The momentum we carried into the year accelerated quickly, and our markets are continuing to trend up. The most significant tailwind is the broad-based rental demand we’re seeing in our construction and industrial verticals as we approach our busy season.

[fenners66] 28/4/2022 07:06

Matthew Flannery, chief executive officer of United Rentals, said, “We're very pleased with our strong start to 2022, which delivered a number of first quarter records, including total revenue, rental revenue, adjusted EBITDA and EPS.

[roguetraderuk] 27/4/2022 21:46

2021 was made on the first trading day of the year at 3468. this years high was almost the same on the second day of trade at 6210. as long as last years low isnt broken then shares can stage a rebound back abv 50. if the lows are taken out, then the gap at 29 could be filled. but right now at just under 19 times 22, its not hugely expensive. 29-35 would be a steal if seen esp if the us is to avoid a recession.

[dcarn] 27/4/2022 21:38

Should be looking good for the FY's in seven short weeks.

United Rentals Announces Record First Quarter Results and Raises 2022 Guidance for Revenue, Adjusted EBITDA and Both Operating and Free Cash Flow

[oldhand1] 27/4/2022 15:41

Despite sparkling results in March the shares are down 30% ytd.
It's mainly about the American interest rates. I can't see the price rising any time soon.

[mjcferguson] 27/4/2022 14:56

Read over to Sunbelt should help ensure pretty good figures for the final quarter and the year.

[fenners66] 27/4/2022 08:44

H&E rental revenue first quarter up 30% yr on yr

[trt] 27/4/2022 08:27

Easily drop below £40 from here.

[fenners66] 26/4/2022 20:04

Now the £ is down 4.6% from recent levels

[bracke] 26/4/2022 18:13

Refer to post 60760. The share price is nearly at the blue line.




Possibly support at 4250 after that 4100 zone.

AHT DAILY

[fenners66] 26/4/2022 10:59

£ down around 3 % vs the US $ , that is better than a buyback , gotta help.

[bracke] 25/4/2022 19:16

Good day disc0

"raised guidance" best draw a veil over that for the time being.

[disc0dave45] 25/4/2022 18:04

Thanks Mr b,Looks like the UT has dropped it to just below the Feb 24th intra low.So much for raised guidance! :(

[bracke] 25/4/2022 13:51

Todays low so far is 4399 which is near enough the Feb and March low.

The performance of the S&P 500 will likely determine if AHT is to drop below the 4391 support zone.

[oldhand1] 25/4/2022 13:25

Or the £10.10 as in March 2020 :-(

[trt] 25/4/2022 09:20

Could see this drop to £40 short term.

[bracke] 24/4/2022 17:05

Probability is a retest of the dashed purple line at 4488. If the US markets continue the sell off in the coming week the low at 4391 is second in line for a retest.

AHT DAILY

[perfido] 22/4/2022 20:35

Much as one might expect, AHT has taken a lead from yesterdays US fall and has surrendered some of the gains earlier in the week.

Nevertheless, we are showing a small net increase over the week from close 13/4 4578p to todays close 4639p, a modest rise of +61p.

On the downaide URI has continued to fall today -20.09, (-6%) at the time of writing, DOW -833 (-2.4%), so should we brace ourselves for possible further falls next week?
.

[perfido] 21/4/2022 22:13

Encouraging start and high volume of £1.6 mill, but tailed off once US markets opened, and gains reduced to +41p @ 4817 at the close.

URI closed -17.9 (-4.8%) @ 336 and does not augur well for tomorrows action IMHO...

Can we finish the week with a net gain?

Edit 22/04/22
: US stocks fell following the possibility of more aggressive policy tightening by the Federal Reserve.

[bracke] 21/4/2022 14:00

Good day disc0

I do find it 'odd' that inflation, higher interest rates, and a reduction in FED assets will not slow demand. Perhaps there is a hidden agenda I am missing.

[disc0dave45] 21/4/2022 13:37

Thanks Mr bExtract from CRH outlook statement:'We expect the positive demand environment in North America to continue, which, in addition to the continued delivery of our integrated solutions strategy and good commercial management, should positively impact both our Americas Materials and Building Products businesses.'

[disc0dave45] 21/4/2022 09:48

Nice to see a bit of blue, possible read across due to the positive trading update from CRH yesterday?

[perfido] 20/4/2022 17:20

Today's sustained rise to close at 4776p (+184.00 +4.01%) on volume of around 1.5 mil is encouraging, and my earlier small purchases at 4699p (8/3/22) and 4674.89p (8/4/22) are now in the money, and looking more promising.

However one swallow does not make a summer, and I anticipate more volatility (opportunities?) going forward? …
.