Ashtead Technology Share Discussion Threads

[johnrxx99] 09/1/2024 07:51

A new thread for a new year.

Established in 1985, Ashtead Technology has grown organically and through strategic acquisitions to become one of the leading providers of equipment rental solutions, advanced underwater technologies and support services to the global offshore energy sector.

Ashtead Technology employs more than 520 people and services its customers from ten facilities located in key offshore energy hubs located in Europe, the Americas, Middle East, and Asia Pacific.

[bigbigdave] 05/1/2024 06:53

2023 was an exceptionally busy year for our global team and 2024 looks set to be an even busier one!

As part of a wider hashtag decommissioning work scope for our customer in Brunei, our mechanical solutions team in Asia Pacific recently completed a project for the severance of risers using our proprietary diamond wire cutting saws which come in a range of sizes up to 42”.

The project was delivered by our regional team in Singapore and supported by our Mechanical Solutions technology and service hub in the UK, which provides a wide range of in-house designed and third-party mechanical equipment solutions.

Members of the project delivery team received excellent feedback from the customer for the safe and timely execution of the work scope.

This project is another great example that shows the growing demand for our technologies and services in the region to support our customers’ offshore energy projects.

[bigbigdave] 04/1/2024 17:44

Indeed. I added yesterday.

[dicktrade] 04/1/2024 15:08

BBD
Nothing re Jan trading update on the website yet but there has been one in the last 2 years so expecting it wb 8/1 or 15/1 .

[bigbigdave] 04/1/2024 14:46

Dip bought up :o)
Hoping for a January Trading statement

[dicktrade] 04/1/2024 09:18

TBH I am very surprised this took so long to have a pullback. I see this as a positive, shares do not go up in a straight line, nothing has changed since the last RNS on 30/11 telling us about ACE Winches and that AT. were trading 'comfortably' ahead. Lots more to come here.

[solarno lopez] 04/1/2024 08:44

Thanks Sogoesit good points

[sogoesit] 04/1/2024 08:32

Good question….
(Maybe usual lack of patience for news flow in a short termist market?)

I am wondering where the market will sell it down to:
- the point at which it assigns nil value to the acquisition (which would be TA support)?

You never know how much profit people will be happy with in a short termist market.

[solarno lopez] 04/1/2024 08:31

Thanks Slogsweep and well done on you early buy.

[slogsweep] 04/1/2024 08:29

profit taking - over bought on charts still a good company been in it from issue 161p

[solarno lopez] 04/1/2024 08:23

But why the falling share price ?

[bigbigdave] 16/12/2023 12:07

Citywire, only one UK small cap stock makes their 'Hot Stocks' list, AT. Ashtead Technology AA rated

[sogoesit] 08/12/2023 18:03

Weeellll... 620....that's what my crystal ball said on the original business.

All we need now is for the new acquisition to be priced-in... haha Lol.

[dicktrade] 08/12/2023 16:19

Have the MMs ran out of stock

[bigbigdave] 08/12/2023 16:17

Whoooshhhh!

[solarno lopez] 08/12/2023 08:31

Steady away

[sogoesit] 07/12/2023 16:49

undervalued... ;-))

[dicktrade] 07/12/2023 14:26

and still it keeps rising.

[bigbigdave] 07/12/2023 14:21

But the shareprice ignores the sells :o)

[bigbigdave] 07/12/2023 07:35

Directors selling a few

[sogoesit] 06/12/2023 13:49

Seatronics Ltd find last accounts filing (2022) at Companies House...



2022 turnover approx. £30m.

[bigbigdave] 06/12/2023 08:37

Might get another trading statement mid January.
My subsea industry contact on linkedin saying rumour in the industry is that AT. will buy up their main competitor Seatronics at some point

[bigbigdave] 04/12/2023 10:16

Brokers can't keep up here solarno lopez, AT. miles ahead of current forecasts.

[solarno lopez] 04/12/2023 09:48

And another tickle up bigdave

[solarno lopez] 04/12/2023 07:59

Thank you for bringing that to our attention Big Dave