Ashtead Share Discussion Threads

[disc0dave45] 28/12/2022 18:02

Good day Mr bCapitalist....with sympathy for those folks that suffered.Guess every investor (& shorters like yourself) gains in one way or another from some people being impacted negatively. Balanced with charitable donations to ease the guilt!.

[bracke] 28/12/2022 16:15

Do I detect a mercenary element?

[disc0dave45] 28/12/2022 14:55

All that bomb cyclone snow, then the thaw, and subsequent damage to clear up:Https://www.sunbeltrentals.com/equipment-rental/0490016/skidsteer-snow-blade-attachment/

[bracke] 23/12/2022 18:24

And a Happy New Year.

[disc0dave45] 23/12/2022 17:40

Merry Christmas everyone

[disc0dave45] 23/12/2022 17:40

Mr bTodays US PCE data and comments.......note the opening line:-The Federal Reserve's preferred inflation gauge revealed that Americans reined in their spending at the end of 2022 despite faster-than-expected growth in incomes. According to the Department of Commerce, in seasonally adjusted terms personal incomes increased at a month-on-month pace of 0.4% - ahead of consensus of estimates for a reading of 0.2%. At the core level, PCE prices were ahead by 4.7%, down from the 5.0% pace observed during the previous month. Personal spending, on the other hand, was up by just 0.1% shy of expectations for a print of 0.2%, but the previous month's increase was revised up by a tenth of a percentage point to 0.9%.

[bracke] 22/12/2022 14:37

Good day disc0

Todays US data looks good which is definitely bad and the market agrees.

[disc0dave45] 22/12/2022 14:09

Good day Mr b"but he may have changed his mind and not informed me." LolJobless claims 216k, forecast 222k......no doubt the market won't even budge when it's revised upwards.C'mon Santa get your skates on! :)

[bracke] 21/12/2022 17:59

Good day disc0

US Existing Home Sales (MoM)(Nov). Down which is bad but good.

US Existing Home Sales Change (MoM)(Nov). Down which is bad but good.

US Consumer Confidence (Dec) Up which is good but bad. However the US market appears to interpret it as 'good but good'. I thought it would be 'good but bad' because confidence will cause people to spend money which will increase inflation which Mr Powell does not want.....but he may have changed his mind and not informed me.

[disc0dave45] 21/12/2022 17:39

Good day Mr bThanks for your lovely chart!.Powell - no comment!Looks like consumer confidence data out today has kicked the markets up....is Santa's rally starting?

[bracke] 19/12/2022 12:18

Good day disc0

Is Mr Powell playing a cunning game or is he incompetent? One might consider it is the former. Surely the Head of the Federal Reserve couldn't be that incapable.

Whichever it is there is no relying on him to be consistent in his statements.

You may find it of slight interest that the Daily SMA 50 (blue squiggly line) is providing support. It has been a s/r zone previously but not a strong one. Just thought I'd mention it........time for another pill.

[disc0dave45] 18/12/2022 21:50

Good evening Mr BI do hope your anarokitis moderates :)So 6 months ago he was adamant that his 2% target is unmovable, is the same guy that a week ago was dovish, now is hawkish, the same guy that said inflation was transitory!....I'm sure there are many more examples to demonstrate how he changes his views on a whim. Think the world has changed a lot since his 2% was established a decade ago. There are those economists that argue:"that if the Fed were to raise its inflation target from 2% it would not have to raise rates as much, in turn leading to less labor market pain".Only time will tell....as always.Keep taking the pills old chap :)

[jackdaw4243] 17/12/2022 11:18

Time to put this one to bed,something is in the air. Good luck all holders.

[disc0dave45] 17/12/2022 10:47

Good day Mr bThanks as ever for your TA. That said it's a tad worrying that you have not only answered your own question but also imagined there are folks out there chanting 4861, 4861, we love you 4861.Just made me chuckle so no offence intended. Yep a sell off yet again but Saint Nick will hopefully come out to play in a few weeks :)Ps read some article, think it may have been in the Shares magazine, that H2 2023 could be when the bull market starts, just love how people can see so clearly into the future.....that said is it all a self fulfilling prophecy?

[bracke] 16/12/2022 17:22

"How long before the members of the 'Dedicated to Support at 4861 Group' decide enough is enough and decide to withdraw to the next support zone."
================================================================================

1 day.

4646 next likely support with possible overrun to 4550.

EDIT
====

High Volume

London Stock Exchange 3,656,810.

[perfido] 16/12/2022 16:47

AHT closed down -113p at 4758p on volume of (correction to earlier post) 3,656,810 shares.

Not unexpected, but as a holder ouch!...

Mustn't grumble, one man's price fall, is another man's opportunity ...
😬

[bracke] 15/12/2022 18:15

The share price back down to support at 4861 where it meets the lower line of the lesser rising channel. But once again it closes above support.

How long before the members of the 'Dedicated to Support at 4861 Group' decide enough is enough and decide to withdraw to the next support zone. Plus there is that gap at 4550 to be filled. Thought I should mention it; you may have forgotten.

AHT DAILY

[disc0dave45] 15/12/2022 17:03

PerfidoNo problem :)Mr b - yep Powell decided to be Mr Grinch

[perfido] 15/12/2022 16:41

Disc0

Re post 61653 .. sorry 😏
.

[perfido] 15/12/2022 16:14

www.moneysavingexpert.com/news/2022/12/base-rate-bank-of-england-mortgage-savings-rates/

The link above doesn’t work until you preface it with after copying and pasting the remainder of the link.

However the true impact of the rise in Base Rate will take a few days before it becomes clearer….

[theaccountant2] 15/12/2022 13:18

Soon it will be 398

[bracke] 15/12/2022 13:10

LOL! Savers rates are increasing.

Go to money saving expert. Tried to post link but will not do so.

[fenners66] 15/12/2022 12:55

Savers ? !!

The banks are just increasing their margin...