Ashtead Technology Share Discussion Threads

[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.

[solarno lopez] 11/9/2023 13:38

A nice tick up as it goes towards its intrinsic value

[zho] 10/9/2023 10:16

Paul Scott covers AT.'s interims in his small caps podcast:

V impressive results … the figures are fabulous … outlook really good … perhaps 30p eps for FY …. but growth is expected to moderate in H2 because it's now coming up against tougher comparatives

from 21:40

[tenapen] 08/9/2023 14:50

A super positive presentation.

Onwards

The six brokers following Ashtead have updated their consensus a few pennies to £4.767

[bigbigdave] 07/9/2023 07:56

Cheers tenapen.

[tenapen] 07/9/2023 06:53

Broker average price target raised to to £4.71

[tenapen] 05/9/2023 07:35

Great results

All eyes now turn to the Investor meets presentation on Friday.

[zho] 04/9/2023 16:02

Ride this offshore energy company's second upgrade cycle

A leading subsea rentals and services group has upgraded profit guidance yet again



"[Numis has upgraded] its 2023 earnings per share (EPS) forecast by 9 per cent to 28.3p, up 46 per cent on 2022, and implying the shares are rated on a price/earnings (PE) ratio of 14. Reflecting the latest upgrades, I am raising my target price from 425p to 475p, in line with Numis’ new target. Buy."