Ashtead Technology Share Discussion Threads

[sogoesit] 13/10/2023 12:39

A bit of a blow-up now with a big green candle... what happened?

[solarno lopez] 13/10/2023 09:27

It certainly is bigbigdave

[bigbigdave] 12/10/2023 17:30

Good innit :o)

[solarno lopez] 11/10/2023 14:23

Steadily climbing

[bigbigdave] 11/10/2023 07:06

abrdn plc affiliated investment management entities increasing to 10.1% (6.3%)

[dicktrade] 09/10/2023 09:05

More volume again today 400,000 traded @ 440p

[sogoesit] 06/10/2023 19:17

I added on the break-out, 445.
I still view 520 as near term (< 3 months) achievable.

[solarno lopez] 06/10/2023 13:52

I always like shares that rise steadily

[dicktrade] 06/10/2023 11:35

with volume too BBD :-)))

[bigbigdave] 06/10/2023 11:18

New highs :o)

[tenapen] 05/10/2023 16:30

Website Updated

[sogoesit] 04/10/2023 11:53

Impatience steals profits.

[tenapen] 03/10/2023 09:42

Getting frustrating.

Has it risen too high for me to add a few ? Will it drop back ?.

The chart looks scary! but the fundamentals for the sector are positive.

Just rambling my thoughts, no reply required.

[solarno lopez] 03/10/2023 09:13

Steady as she goes

[sogoesit] 26/9/2023 11:21

On MarketScreener the following Consensus is:

Average Target Price is 485p
High Target Price is 500p

So 520p is not that far out imv.
On this basis I have added today at 430.

[solarno lopez] 26/9/2023 11:11

Thanks Sogoesit

[sogoesit] 26/9/2023 10:57

"... appropriate level"

I put this into my AI spreadsheet and it spat out the following:
520p
or
1300p

Depending on the valuation methodology.
Maybe EPS won't grow at 77% in the coming year but, following revenue growth last half of 57% it could grow at 50%+.

My AI said:
"It can be difficult to value growth stocks but we can answer your question if you upgrade to our monthly Pro subscription."

Certainly the last UK Windy Auction was a complete and utter dud but there are stories that the life cycle of offshore wind turbines is a lot lower than previously thought. This means that either maintenance will increase or work to completely replace the crop with new plants on the wind farm will have to take place sooner rather than later. (They're not called "farms" without a reason!).

[solarno lopez] 26/9/2023 09:38

Steadily rising to a more appropriate level

[tenapen] 22/9/2023 22:27

Website updated, Blog



An interesting interview with the boss of Hiretech - one of last year's big T/O

[bigbigdave] 12/9/2023 09:23

Berenberg raise AT. 500p (450p)'buy' this morning.