lex1000
- 28 Nov 2005 10:01
Ashtead has been a very good recovery stock.One to watch leading up to results 13th December and beyond.
farmboy
- 11 Oct 2006 22:44
- 25 of 99
Bought into these at 1.35 just before the rights issue. Took up my 7500 new shares. Looked a bit sticky for quite a few weeks but now its over that all imprtant 1.50 level I think these are going to move steadily back to 2+ by end of this year.
Any real moves will take place after next set of results if the aquisition has gone well. Current price looks too cheap and a fair medium term price may be around 2.40 - 2.60.
2517GEORGE
- 28 Sep 2007 14:43
- 26 of 99
Bought into these today @ 105p, have held them before buying @ 43p & 29p and still had them when they touched 2.5p, sadly didn't have the b***s to buy more then, but sold my holding sometime later @ 103p. I feel it's time to get in again. Good luck all, although it's nearly 12 months since the last posting there may be nobody out there.
2517
steveo
- 28 Sep 2007 18:03
- 27 of 99
bought some last week at 114, not too happy about it at moment, but feel fears over dollar weakness and therefore earnings are overdone, main projects are due to infrastructure not housing, anything with debt is getting hammered at present. personally feel it is overdone, hope everyone else does soon as well!!
amardev
- 13 Oct 2007 13:17
- 28 of 99
Hi all ....... I will give you some company with this one ............ though I must admit I don't hold at the moment .................. have traded in / out a few times in the past.
Looking to very soon
Cheers
Amar
Paleman
- 18 Oct 2007 12:58
- 29 of 99
Hi all,
I bought in at 157 at the end of May on a recommendation from The Chartist in Shares magazine, I am unimpressed to say the least.
Darradev
- 18 Oct 2007 13:04
- 30 of 99
Afternoon Paleman, had a good run with these last year and I believe we'll see another run in the next 6 months. Holding at 130 for me.
steveo
- 18 Oct 2007 14:02
- 31 of 99
With respect to shares mag, always find it best to sit and wait, have got stung diving in with their recomendations eg SEY springs readily to mind. AHT should hold steady from here.
Main concern is debt (which is reducing) and exchange rate, which will probably go against AHT for the medium term, but not long term I hope.
bristlelad
- 18 Oct 2007 20:01
- 32 of 99
hi steveo???????????????one -$--two--last year one$-1.5 ??????????????????
steveo
- 18 Oct 2007 22:22
- 33 of 99
exactly, most of their revenue is in US dollars which are worth less than last year, however, in time UK rates may well have to drop , this will devalue relative to $, and therefore increase AHT profit, of course also depends on how far dollar depreciates with further fed rate cuts.
2517GEORGE
- 19 Oct 2007 10:12
- 34 of 99
This has seen a steady rise so far this week and today seems to be no exception atm, long may it continue. Hope I haven't put the KOD on it now. Good luck all.
2517
amardev
- 19 Oct 2007 23:28
- 35 of 99
Hi Steveo .......................... Did you take any profit out of AHT today ... during the fantastic rise?
All the best
Amar
steveo
- 20 Oct 2007 09:40
- 36 of 99
unfortunately no as was too busy in my other day job, then was stuck in traffic all afternoon trying to et to cardiff on M4. Hering how caterpillars results were in press this am actually thought AHT might get a hit, so very surprised.
someone buillding a stake, T/O maybe, any ideas out there for the rise?
Darradev
- 30 Oct 2007 08:02
- 37 of 99
Could someone tell AHT SP that it's going in the wrong direction please.
steveo
- 30 Oct 2007 08:37
- 38 of 99
According to my broker who had a chat with company secretary, AHT debt is long term and does not need to be renegotiated until 2011, is therefore at good price.
Utilisation of new acquisition is now at 70% up from only 55% when purchased.
Economic slow down in US will benefit AHT as constructors will reduce spend on new equipment and opt to hire it instead.
There is also possibility that AHT will sell uk plant hire A-plant, this will obviously benefit balance sheet immensely.
For these reasons I am sticking and will add if there is any further weakness.
nyleve
- 30 Oct 2007 10:21
- 39 of 99
Darradev
There you are, its moving up - someone took note lol
Dave
Darradev
- 30 Oct 2007 10:43
- 40 of 99
Dave :-)
Now will someone please ask GOO and MNT management to pull the finger out......
chessplayer
- 23 Nov 2007 09:01
- 41 of 99
What are the prospects for a turnaround here? The chart certainly tells a sad story,but it must all rest on an upturn in US housing ,which doesn,t look to be coming any time soon
Toya
- 23 Nov 2007 09:11
- 42 of 99
From The Times, 21 Nov:
Rumour of the day
Data released early by the American Institute of Architects showed that construction demand had picked up in October from the previous month, thanks to stronger demand for schools and hospitals. ABN Amro believes that the price of Ashtead, the construction equipment hirer, off p to 81p, is wrongly factoring in a US construction crash.
chessplayer
- 23 Nov 2007 10:41
- 43 of 99
If you can catch this one at the right time ,it could be a big winner.
At the beginning of 2004,it went from below 20 to 240 in early 2006.
However,might be a while before it touches bottom.
halifax
- 11 Dec 2007 09:57
- 44 of 99
Todays excellent results suggest that activity in the commercial construction sector is still strong perhaps the so called economists have got it wrong and fail to see the underlying strength of the US economy.