Ashtead Share Discussion Threads

[bracke] 09/11/2022 18:26

Thanks disc0.

[disc0dave45] 09/11/2022 17:01

Mr bIn 2008 AHT sold the company to a management-led buyout backed by Phoenix Equity Partners Ltd for about £95.6 million.Yes it listed on the date you said.

[bracke] 09/11/2022 15:58

disc0

The chart commences on 23 Nov 2021. I presume prior to that date it was a private company.

[disc0dave45] 09/11/2022 14:33

Hi Mr bIt's not been a subsidiary since they sold it in 2008.

[bracke] 09/11/2022 14:15

Thanks fenners

Now I see it.

[fenners66] 09/11/2022 14:08

AT was sold many years ago.
It was the fact that they had completely messed up the news item and quoted - either the wrong company or the wrong price that had me wondering.

[fenners66] 09/11/2022 13:54

bracke,

Assuming AHT is on your monitor, you have the tabs , monitor , microscope, news

I click the news tab for my monitor every day and it brings up any news items about those companies on the monitor.
Not sure if I have a preference ticked for Dow Jones news feeds as well , if that makes any difference , I don't think I do
I keep another monitor which has the indices on so the company specific news does not get buried under a tonne of other news .

So I get a list of usually a dozen or so new items each morning then other stuff appears during the day.

But its found on there and thus whomever loads the Dow Jones news feed still thinks its AHT

[perfido] 09/11/2022 13:13

Disc0,

Thanks but I can’t get your link above to work.

This one does it for me if anyone else is struggling:


.

[disc0dave45] 09/11/2022 13:07

Mr bHttps://www.marketscreener.com/amp/quote/stock/ASHTEAD-GROUP-PLC-4001655/news/Ashtead-Group-Shareholder-Arab-Petroleum-Sells-4-8-Million-Shares-at-260P-Each-42249421/

[disc0dave45] 09/11/2022 12:56

Good day MrbCan't see what fenners has posted but there is an article on the AHT news feed on here referring to a placing by Ashtead Group.Yes folks do think AT are still a subsidiary of AHT, or that AT is actually AHT - you couldn't make it up :)

[bracke] 09/11/2022 12:52

Thanks for the reply fenners but I'm not clear where the information came from. Are you able to provide a link please?

Regards

Totally Tolerant of Tunbridge Wells

[fenners66] 09/11/2022 12:30

Hi bracke ,
for you (and the less tolerant individuals amongst us) its on my monitor news tab.

Which as we all know features the news from stocks in our monitors (only!)
and is a Dow Jones News line for ...... Ashtead Group Plc....LSE:AHT

So the wilfully rude should take it up with them....

[bracke] 09/11/2022 12:17

4911 achieved and a higher high. A retrace would now seem likely maybe to previous resistance at 4716.

[bracke] 09/11/2022 12:11

Good day fenners

Where did you find the announcement? They are idiots.

It should be Ashtead Technology Holdings PLC.



Here's the AT. DAILY CHART. Not bad is it.

[disc0dave45] 09/11/2022 11:46

Hi PerfidoYes it's AT not AHT, so once again supports my view that some folks are clueless lol.Good morning to Mr bMe mercenary, never :)

[fenners66] 09/11/2022 10:11

" Numis Securities Ltd. said Wednesday that it has placed 4.8 million ordinary shares of Ashtead Group PLC on behalf of Arab Petroleum Investments Corp. at 260 pence each, as first flagged late Tuesday.

The investment management company on Tuesday said it was placing the shares on behalf of Arab Petroleum via a bookbuild program.

The placing price is a 15% discount to Tuesday's closing price of 305.0 pence.

Following the sale, Arab Petroleum will indirectly own 7.6 million Ashtead shares, or 9.5% of its issued share capital."


??????

[bracke] 08/11/2022 18:18

disc0

Hmmmm.....Somewhat mercenary. I had expected a more public spirited reply.

I think your conclusion that the two companies are being conflated is correct. Says something about some traders/investors.

[disc0dave45] 08/11/2022 15:45

Good day Mr bWhat do you think? lolLong may it continue.....but not if the reverse has the same impact.

[bracke] 08/11/2022 15:04

Good day disc0

Do you think the London Stock Exchange should be contacted and asked to remove the rise in AHT share price which is attributable to AT SP?

[disc0dave45] 08/11/2022 14:19

I do think that some folks think AT. is still part of AHT - whenever the former share price spikes upwards the latter has a nice blue day. Could be coincidence but if memory serves it's happened on several occasions (14/3 AT c +20%, AHT c +11%).

[bracke] 08/11/2022 13:07

Good day rescuer

The DOW is a 'nutty' index easily influenced by a couple of shares. News from the two largest market capital shares have a major affect on the index which can easily catch out the unwary trader. I much prefer the S&P 500.

[rescuer] 08/11/2022 10:23

Bracke - agreed post 61455 - DJI is defying gravity.. that said, the Dow is still way off it's high, whereas the FTSE is not far off..

sitting things out at present..

[disc0dave45] 07/11/2022 19:00

Yep who knows Mr b

[bracke] 07/11/2022 18:28

disc0

So far the US market gives the impression of 'what's all the bother?'. How many more rate increases of 0.75%/0.5% are there to come and at what point does the US market capitulate.....no I don't know either.

IF (that's a big IF)the FED are utterly determined to get to 2% inflation or close to it the probability is that the affect of doing so on the US economy will be such that the market will be unable to ignore it.

In the meantime you buy in small tranches and I trade what I see not what I think.

The VIX shows no sign of volatility but it has dropped to the 61.8% and has a low RSI.

VIX DAILY

[disc0dave45] 07/11/2022 17:46

Good evening Mr b"That's not the sort of negative comment I expect from you"Wasn't saying it was a bear rally! lolI'm looking at lots of RNS's and it's not all doom and gloom, some companies are doing okay and issuing "ahead of" outlooks. Yes that's now / in the past, and Q1 2023 may not paint the same picture. The macros look a pile of poo but think a lot is already priced in. Have been buying some in small tranches and will take things one step at a time.