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AT Ashtead Technology Holdings plc

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
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 51 to 71 of 425 messages
Chat Pages: Latest  5  4  3  2  1
DateSubjectAuthorDiscuss
26/1/2023
08:51
Any chance of ITRK bidding for AT. ??
dicktrade
26/1/2023
08:33
Just for info Older son works as Marine Geoscientist for ITRK, business is crazy busy. It’s the area which Ashtead Technology supply the equipment for.
bigbigdave
23/1/2023
14:55
abrdn take 6.3%
zho
20/1/2023
12:47
Simon T of the IC backing AT, good to know
bigbigdave
20/1/2023
09:53
"Once the dust settles from this week’s placing, I expect Ashtead’s share price to recover strongly, so much so that I am raising my target price from 325p to 375p, still below Numis’ upgraded target of 400p (from 380p). Buy."
x54v
19/1/2023
16:41
I agree with Carcosa’s comments above.

A few quick scribbles on AT. placings

On the last two secondary placings. July 22 (10m shares placed @ 200p) & Nov 22 (4.8m placed @260p), on both occasions they were placed at around a 14% discount to the previous day’s closing price. Maybe it’s a sign of appetite for AT. that this placing was successful at only a 6% discount to yesterday’s (18/01/22) close price. The 18/01 RNS said “BP Bidco has indicated an intention to sell at least 11m shares”; it rather seems that the appetite for the share was strong as they actually placed 15m shares rather than the 11m; that’s the largest placing by some distance & interestingly at the lowest discount, 6%. Following this sale, BP Bidco will only hold 7m shares = 9% of co; so, the original pair that owned the AT. prior to flotation will be totally out shortly assuming we see another BP Bidco placing in the next few months post-lock-in period. IMO this is possibly a good thing making the stock easier to trade. Note the CEO placed 425k shares (previous to placing held 2.17m) & the CFO 35k shares (previous to placing held 301k)

Note: the CEO has some easy LTIP awards coming his way over the next couple of years 406k (almost matching his placing and the CFO 257k coming her way (IMO already money in the bank as the targets for the awards are in my view easy). So, both the CEO & CFO retain plenty of skin in the game with some LTIP to be awarded shortly.

So, was today a buying opportunity? In truth, who knows but IMO AT. has a touch of right time /right place about the business.

BP Bidco will almost certainly place again in the next few months once past the lock-in; so if AT. is still trading well, possibly another little buying opportunity.

Remember as Carcosa said above, there is no dilution and the number of shares in AT. is currently unchanged plus we should see improved liquidity.

whittler100
19/1/2023
06:12
Last time (Nov 9/22)
CoB Nov 8: 305p
Placing Nov 9 @ 260p (15% discount)
CoB Nov 9: 286p (-6%)

Today the Secondary Placing is at 310p representing a discount of 'only 6%' So not too bad.

carcosa
19/1/2023
03:39
No funding is being raised by a secondary placing (and hence no dilution either).
carcosa
18/1/2023
19:28
I'm with whittler100 and view AT. as a long term investment in an exciting field. Short term blip with this placing to fund future growth
bigbigdave
18/1/2023
16:55
big drop tomorrow. placing 👀
pyemckay
16/1/2023
09:29
A very encouraging trading update from AT. Today as the company continues to progress within a rather hot space. Also rather encouraging that AT. seems to be fairly under the radar; happy days but quite possibly still in the early stages of a long journey.
whittler100
10/1/2023
12:02
Website Updated;
tenapen
13/12/2022
20:54
Some recent changes:
essentialinvestor
06/12/2022
17:05
It looks like a perfect fit and another local company.

I would like to know what the relationship is now with iXblue since they merged and became the competition!.


ECA Group
& iXblue
Exail was formed as ECA Group and iXblue joined forces in 2022. We are now a leading high-tech industrial champion specializing in cutting-edge robotics, maritime, navigation, aerospace and photonics technologies. Together, we employ a workforce of 1500 people worldwide and achieve an annual turnover of €250 million. With our unique offer ranging from components to complex systems, we support our customers for their critical missions in severe environments.

tenapen
06/12/2022
07:09
Acquisition of Hiretech, The Group expects the transaction to result in double-digit earnings accretion in FY2023 and generate returns significantly in excess of the Group's cost of capital in the first full year of ownership
bigbigdave
01/12/2022
17:32
Website Updated
tenapen
16/11/2022
17:57
RBC today has initiated coverage with a very positive note on AT. Worth a read IMO
whittler100
12/11/2022
15:36
Thanks for the explanation whittler100. It's good to see JP Morgan buying 5% of the company here. They'll be hoping for a continued rise in the share price as the story unfolds and further statements of material outperformance by the company.
tromso1
12/11/2022
00:55
Sold mine out. Been a very good run in the past couple of months.
pro_s2009
11/11/2022
16:23
Strong demand for the shares with 2 delayed 10k buys for 300 and 301 from earlier. 301 above the quoted offer at the time.
x54v
11/11/2022
10:11
Agreed. JPM likely to be sticky holders as well and in for the long haul, so good that those shares are most likely now tied up.

Onwards and upwards.

x54v
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