Betamax man
06 Jan 2015
Re: AHT Broker Forecasts...... Yes indeed. Just heard a piece on Bloomberg saying as much.[link]
Regency Green
06 Jan 2015
Re: AHT Broker Forecasts...... United Rentals downgraded to sell yesterday is likely reason.
zulu principle2
06 Jan 2015
Topped up Cant see a reason for the dropbought a few more at £10.98.
Betamax man
06 Jan 2015
Re: AHT Broker Forecasts...... Blimey. Hope you didn't go long yesterday.What's up with the SP today, down 9% currently.... I was looking for a nasty RNS, but no sign?
oldjoe1
05 Jan 2015
AHT Broker Forecasts...... 05 Jan 2015 Ashtead Group PLC AHT Panmure Gordon Buy 1,183.50 1,165.00 - 1,457.00 ReiterateSP TARGET 1457p
zulu principle2
17 Dec 2014
Re: Peel some updated broker forecast are out, and gives 2015 EPS Forecast 59.80p EPS Growth 45.1% PER 18.9 PEG 0.42 2016 EPS Forecast 71.40p EPS Growth 19.4% PER 15.9 PEG 0.82 2015 PER is high but a good PEG2016 PER of 15.9 is good and PEG a little high but I'm confident there will be more upgrades
zulu principle2
12 Dec 2014
Peel & Hunt has issued new EPS Forecast Peel & Hunt has issued new EPS Forecast2015 EPS Forecast 59.50p EPS Growth 44.4% PER 19.4 PEG 0.44 2016 EPS Forecast 69.90p EPS Growth 17.5% PER 16.5 PEG 0.94 PER for 2015 is a little high but in 2016 its looks ok and I do feel there will be further upgradesHappy to hold and if I can pick up a few more if price comes down bringing 2016's PER below 16.See what I look for when buying a stock at[link] follow me on Twitter@GrowthStocksUK
zulu principle2
12 Dec 2014
In Investors Chronicle Ashtead (AHT) continues with its very successful strategy of both investing in its established tool-hire stores and opening or acquiring new sites. The international equipment rental group has taken advantage of a strong recovery in US construction, with underlying pre-tax profit up one-third to £266m in the first half.The group upgraded its full-year earnings guidance in September, following strong first-quarter results. Even so, these numbers beat expectations, sending the shares 9 per cent higher on results day.Ashtead invested £107m on 10 bolt-on acquisitions during the half, predominately in the US, where it wants to grow its 6 per cent market share and plug some geographical gaps. Over the past 18 months the group has added 105 US locations across a range of sectors. Chief executive Geoff Drabble intends to add another 100 to 200 sites at a rate of 50 a year, and made his first step into Canada with a £16m acquisition after the period-end.The group invested £588m in capital expenditure during the period, and intends to spend between £925m and £975m during the financial year - more than previously guided. Most of that goes into the equipment fleet, which has doubled in size since 2011, but Ashtead has also upgraded IT platforms and invested in logistics.Following 7 per cent upgrades, broker Peel Hunt expects adjusted EPS of 59.5p this year, up from 46.6p in 2013-14.Ashtead has a very well-established strategy that has delivered profit growth of over 20 per cent for the past four and a half years. The shares are well up on our tip (Buy, 869p, 8 May 2014) and now trade on around 20 times forward earnings. Given the scope for upgrades, however, that doesn't look stretched. Buy.
The Earl of Acol
11 Dec 2014
Future share price On the 2-7-14 I stated that £12 was possible by the year end. That now looks a real possibility although a bit of profit taking is likely.At the time I questioned £20 when others offered up to £60. If the profits continue to rise at 20% plus per annum for the next 3 years then £25 is possible in my opinion and £60 perhaps is not completely off the wall. I still believe such a high level is unlikely as it would need no slip up quarter on quarter.I usually take profits with shares long before this stage. This share has taught me more than any other. " Run your profits - sell your losses". Having nearly sold at £1; £3 and £6. The down side is all ones eggs in the same basket but even the dividends for those that have been here a long while are becoming meaningful. IMHO this share still has quite a long way to go as structural changes are occurring in the US as Companies rent rather than buy. The Canada venture while tiny is a new and interesting market and I prefer the bolt on acquisition route rather than large acquisitions.
zulu principle2
10 Dec 2014
Re: Results: Alioua yes I don't normally buy shares with a PER of 20, I try normally around 16. 2016 PER is 17.7. Both 2015 & 2016 should come down a bit after new forecasts are produced.Ashtead I've owned for a while and they are constantly being upgraded. There are huge opportunities for them as the US recovery speeds up. The same with the UK and Canada.I will buy a few more over the next few days as it looks like its going to be a bit volatile.I'm not buying huge amounts just a few
alioua
10 Dec 2014
Re: Results: Can i ask Zulu why i can' t view your portfolio anymore- and you always try to add to a share where the P/E is reasonable- in AHT it is 20? would be interested in your respionse
JJHBev
10 Dec 2014
Re: Results: Hello AllI no longer hold AHT. I originally bought last year when they dropped back to around 620p from 700p after some pretty good figures. Seemed v strange when things seemed pretty positive and so I came on board.I sold in late Sept in a couple of tranches around 1040p for bank of mum & dad stuff even though I think AHT is a really well run company, operating in the right economy and generating most of its income in a currency that is appreciating against Sterling. Shame getting out - but had to be done.I have continued & will continued to watch. I hardly ever post but with this one:-A) I wanted to compliment the company & the shareholders who are still here and thereby benefiting.B) I have been waiting to ask - did anyone really follow the advice of 3rd July to "SELL" because the target price is £6.I mean - seriously ???? 
zulu principle2
10 Dec 2014
Re: Results: I topped up today.I normally do top when a share I own come out with a statement saying "full year result ahead of our previous expectations".
II Editor
10 Dec 2014
NEW ARTICLE: Ashtead continues to impress "Another strong quarter with record pre-tax profits and an upgrade to forward guidance helped push LSE:AHT:Ashtead Group's share price to all-time highs in morning trading, cementing its latest re-rating. After an increase to its dividend many ..."[link]
Hydrogen Economy
10 Dec 2014
Re: Results: Beta I don't see much to frown about in the results, pretty much as expected - ie, very good, I guess missing the 1189p spike this morning is playing on your mood, but I think you will have another shot at selling at that price before the year is out.From a quick look the only slight grey area is increasing debt to 1.5Bn but this reflects expanding business and is still low gearing for a 5Bn Mkt cap co. H2
