ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

AT Ashtead Technology Holdings plc

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Ashtead Technology Holdings plc LSE:AT London Ordinary Share Ordinary Shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% - 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ashtead Technology Share Discussion Threads

Showing 301 to 322 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
11/3/2024
09:14
Nope... so I disobeyed my trading rules and accumulated at 710.
Hopefully, a bounce off the 20dMA (at 705) or the closest round number.
Upside still 800...

sogoesit
07/3/2024
18:17
Let's hope so... maybe tomorrow... or today plus 3?
(Don't argue with the tape!)

sogoesit
06/3/2024
10:45
I think you could be right bigdave !
solarno lopez
06/3/2024
10:41
Looks like breakout to me :o)
bigbigdave
06/3/2024
10:08
On a TA basis a break-above the 736 closing highs would indicate a near term TP of 800.
But, as the saying goes, if you have crystal balls, be careful when you sit down...

(I am a buyer of break-outs, especially new highs or, as Jesse Livermore said: "I become a buyer as soon as a stock makes a new high on its movement after having had a normal reaction.")

sogoesit
06/3/2024
09:21
May's results must be good
solarno lopez
06/3/2024
09:14
Someone has tickled this
solarno lopez
05/3/2024
14:22
A new high hope your watching bigdave, as if you wouldn't .
solarno lopez
04/3/2024
13:35
Anyway, on the verge of a breakout
bigbigdave
04/3/2024
11:36
Geez, you had me worried. I was queueing up some cash for accumulation and wouldn't have it before the 7th... Whew!!
;-)

sogoesit
04/3/2024
10:02
That's AHT zho! :o)
bigbigdave
04/3/2024
09:55
>>I think Subsea Electrical Cable laying is a different expertise, and contractor, to Subsea O&G Pipe laying, and removal.>>

Agreed.

Q3 results due tomorrow according to

zho
04/3/2024
09:39
I think Subsea Electrical Cable laying is a different expertise, and contractor, to Subsea O&G Pipe laying, and removal.
If so, a major project contractor would likely have its own specialised equipment.
The trenching may be the same but the burying and reel laying likely different. Station-keeping and holding (therefore winching) could be applicable.
I do not know but am working from knowledge of the O&G side only (altho I once worked on a project to take DC electricity from an offshore platform gas-to-power plant to Holland once upon a time).

sogoesit
02/3/2024
13:44
I will look myself on Monday but does anyone know if this is any work for AT. ??
TIA

dicktrade
29/2/2024
17:30
2.08 million UT and a late trade for another 0.9 million
zho
29/2/2024
16:31
Going back to the highs and probably beyond.
Might get a March update with the January one missing this year.

bigbigdave
28/2/2024
09:44
Yes, that tallies with the site published forecasts:
2022/2023 = 29.7/16 = 85.63%
2023/2024 = 37.1/29.7 = 25%
2024/2025 = 42.6/37.1 = 14.82%

More detailed EPS breakdowns:
2022/2023 - High: 30.5 Low: 29.2
2023/2024 - High: 38.2 Low: 36.3

Broker 12 month share price Targets:
High - 750
Medium - 695
Low - 615

Taking the share price Forecasts against the, say, 2023/2024 37.1p EPS then the implied P/E Ratios are:
High - 20x
Medium - 18.75x
Low - 16.58x

For a company growing EPS at over 30% historic and revenue at over 45% historic the respective awarded EPS PEG Ratios are:
High - 0.67
Medium - 0.62
Low - 0.55

Conclusion: significantly forecast undervaluations and buyers have been slaves to the highest share price Target, giving PI's a lot of arbitrage here over the "professionals" imv.

sogoesit
28/2/2024
05:37
Zho, just to add to your stats, Sharescope have consensus eps forecast growth over the next 3 years as 88.3%;25.1% and 15%. That's nearly a two bagger - I recon it will be more. DYOR
johnrxx99
27/2/2024
17:14
That will do nicely !
solarno lopez
27/2/2024
17:04
Ok, thanks for that, zho. I will take a look at your link.
(Yes, I think my rough estimate was likely to be "conservative").

Ha, yes, that link is great. I didn't know these uk companies were "in tune" with this kind of estimating but assume they do it to be used for their RNS results guidance announcements.
If I award them a P/E of 25x (assuming a PEG of 1 for EPS growth of 37.1/29.7) I get a TP of 927 for FY2024 as "fair value"... yes siree!!!

Oh well, I suppose i should accumulate more below 700 then.

sogoesit
27/2/2024
15:49
>>For just the combination of the businesses (Winch + AT. Base) I get 34.4 x 22 (P/E) = 756. No growth.>>

I would have thought that the eps figures at are likely to be more accurate than those on Market Screener. These are 29.7p for calendar 2023, 37.1p for the current year, and 42.6p for 2025 - decent growth.

And if you look at the corresponding figures for AT.'s PTP and then look at the PTP* for Rathmay Ltd (the parent company of ACE Winches) to 3/23 - as suggested by Tudes100, above - you can see why he thinks that the 2024 and 2025 figures for PTP on AT.'s web pages may be unduly cautious.

* Pretax profit of £12.2m, post tax profit of £10.3m

zho
27/2/2024
15:34
Are the broker consensus targets you see High 750 / Low 615 / Average 679 (which I get from Marketscreener)?
Or something else?
For just the combination of the businesses (Winch + AT. Base) I get 34.4 x 22 (P/E) = 756. No growth.

Anyway, I just accumulated at 692.

GLA

sogoesit
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older

Your Recent History

Delayed Upgrade Clock