bought a few of these a week or two ahead of their Interims - have moved up ever since :-)) but believe there is still some way to go yet - currently 31/33p they go xd on the 26th feb.

I see capital group are still adding - another 2.7 million shares - making 20 million in total or 6.15%



ains

now looks like a good time to buy a few intraday 6.9p



ains

nice timing :-)) ..... up over 10% already @ 7.75/8p

3:54pm (UK)
Ashtead Hits Investors with More Gloom

By John Bingham, City Staff, PA News


Troubled plant hire group Ashtead saw its share price fall again today after the company decided not to pay its interim dividend.

At one stage shares were 21% lower as Ashtead told shareholders it was withdrawing the dividend of 0.62p per share, set in January. The stock later recovered ground to stand 3% lower.

The announcement came as Ashtead said it had made an interest payment which it deferred last week because of an investigation into its books in the wake of a possible accounting blunder in its US business Sunbelt Rentals.

But the Leatherhead, Surrey-based firm also announced it was planning to defer a separate interest payment due at the start of next month to pest control group Rentokil Initial on a 130 million convertible bond.

The dividend decision comes as a further blow to Ashtead investors after the company decided to keep it unchanged at 0.62p.

Ashteads recent woes began earlier this month when it revealed that a senior member of its financial staff in the US had been suspended after costs appeared to have been understated by 5 million.

Share prices tumbled 67% on the news and took a fresh dive a week later to just 2.75p after it announced that it was defaulting on the interest payment which was eventually made today.

Share improved to 8.5p this week before todays news took off another 1.25p from the share price. It later rallied to stand down 3% off 0.25p at 8.25p.

Ashtead said earlier this month that the problems, coupled with difficult trading conditions at Sunbelt, meant annual profits for the group were likely to be well below market expectations.

The pressure on profits comes despite a healthy performance from Ashteads UK division A-Plant, which is on course for a small increase in year-on-year profits during the second half of the financial year.

Ains , you knew it would rise, you knew it would drop, and then , magically knew it would rise AGAIN, its really , really spooky how you do it, what a man.

yes ...... it's really spooky

genius is the word ains , genius, and you have it in gallons.

After early mark down with market - seems to be on the move north again - volumes are highish @ 4 million shares




ains

Are you in again then ains?, 7.5p to buy looks very cheap to me, but i`ll wait until you are more positive.

Does look good for further rises now the sellers seem to be out of the way.Costain look to be getting a large contract to rebuild Iraq which could well benefit AHT.

They seem to be holding their own at this time and presumably the banks have accepted the current situation

oooooops ..... not sure if it's market or specific - now down over 6%

No news to warrant the drop.Looks down to the market as even volume did not warrant the drop.Rumour of MBO now circulating.

Not seen any recent news but we are heading northwards again ..... 7/7.75 on 2 million trded up 11%


ains

Now up 18.5% on the day and has been higher

Follow this clown and lose your shirt :-))

Ashstead Group - a time to buy?

ainsoph - 10 Feb'03 - 14:25


bought a few of these a week or two ahead of their Interims - have moved up ever since :-)) but believe there is still some way to go yet - currently 31/33p they go xd on the 26th feb.

I see capital group are still adding - another 2.7 million shares - making 20 million in total or 6.15%



ains

Actually making lots on these - as are several other peeps ..... you really must do some research and read all the posts .... roflol - made hundreds of % on one trade :-))

You never lose do you ainsoph :-))

This share has fallen up to 99% lower than prices you have been
buying at and you still have not lost :-))

I want to buy your book when it comes out and see how it is done !!!

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ainsoph - 11 Mar'03 - 07:59 - 12 of 101


I can be wrong here but cannot see a lot of mileage in selling at the current 14p .... although the extent of the problem is still to be sorted I would have thought we will will see some M+A activity at these levels .... may well be a buyer this morning - currently 15p with 480K already traded



ains

read the following posts gravy ........ you are a waste of time

Actually you never state you bought anymore after the big crash
ainsoph but then you did make a fool of yourself again and must
have wanted to bury you head in the "line in the sand" :-))

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