Hydrogen Economy
18 May 2016
Ashtead lead gains Nice move up yesterday. DL's explanation the Exane BNP upgrade. I suspect that other news probably helped. "The US also saw the release of data on housing starts from the Commerce Department which showed a 6.6% increase in April, ahead of estimates for a 3.3% gain. Housing starts had fallen 8.8% in March."Oil price back to $49/bbl should also be positive.I also hold TW, so all in all, not a bad day. H2[link] construction market player, Ashtead, was also building a head of steam on Tuesday. Shares in the plant hire group, which is mainly focused on non-residential construction and industrial equipment in the US and UK, were given an upgrade by analysts at Exane BNP Paribas. Having downgraded to 'neutral' in December, Exane upgraded the stock to an 'outperform' rating following its recent weakness, upping their target price to 1,050p per share from 900p.Analysts said they believed earnings momentum had stabilised and "could potentially inflect"."We see modest upside to FY17 consensus, with scope for the shares to re-couple with the earnings trend."
Hydrogen Economy
27 Apr 2016
Re: AHT Broker Update....... Oldjoe1"The bank upped its stance on the stock to 'buy' from 'underperform' and boosted the target price to 1,100p from 800p, pointing to an improved outlook for the company's markets."I wouldn't disagree with the revised target but am curious what new information gave rise to a 37% step increase in target. I can only guess that they attended the recent briefing, looked at the CEO and detected "it's better than you think" body language.H2
oldjoe1
26 Apr 2016
AHT Broker Update....... Ashtead jumps on double upgrade from BofA MerrillMon 25 April 2016 10:53 | A A A(ShareCast News) - Equipment rental firm Ashtead got a lift on Monday after a double upgrade from Bank of America Merrill Lynch.The bank upped its stance on the stock to 'buy' from 'underperform' and boosted the target price to 1,100p from 800p, pointing to an improved outlook for the company's markets.Merrill Lynch raised its earnings per share estimates for 2017 and 2018 by 8% and 14%, highlighting improving economic indicators, increased capex expectations and a better outlook for rental yields."We believe that the lead economic indicators in the US are improving with the ISM indices bouncing off lows and the ABI gathering momentum."Furthermore, we sense that excess equipment, both new and used, is subsiding in the supply chain which bodes well for the outlook for rental rates. Currently, utilisation and rates are yet to turn, but early signs are positive."In addition, it said the stock is neutral or positive in the EU referendum debate and is trading at a material discount to historical multiples whilst offering around 20% per annum EPS growth.Merrill said that in the case of Brexit, "lower potential demand in AHT's modest UK business would be more than offset by increases to forecasts driven by sterling". It noted that each 1% FX move is worth around £6m to pre-tax profit in a full year.At 1105 BST, Ashtead shares were up 2.5% to 912.50p.
oldjoe1
25 Apr 2016
Re: AHT, Broker Views....... AHT Ashtead Broker BUYS.........Date Broker Rec. Price Old target price New target price Notes25 Apr 16 Barclays Capital Overweight 916.75 1,135.00 1,135.00 Retains22 Apr 16 Numis Buy 916.75 1,150.00 1,150.00 Reiterates22 Apr 16 Jefferies International Buy 916.75 1,385.00 1,385.00 Reiterates22 Apr 16 Peel Hunt Buy 916.75 1,450.00 1,450.00 Reiterates21 Apr 16 JP Morgan Cazenove Overweight 916.75 1,140.00 1,140.00 Reiterates
oldjoe1
22 Apr 2016
Re: AHT, Broker Views....... AHT Ashtead....<b>Ashtead Group plc 63.4% Potential Upside Indicated by Peel HuntPosted by: Katherine Hargreaves 22nd April 2016</b>Ashtead Group plc using EPIC/TICKER code LON:AHT had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Peel Hunt. Ashtead Group plc are listed in the Industrials sector within UK Main Market. Peel Hunt have set their target price at 1450 GBX on its stock. This is indicating the analyst believes there is a potential upside of 63.4% from today’s opening price of 887.5 GBX. Over the last 30 and 90 trading days the company share price has increased 27 points and decreased 109.5 points respectively. Ashtead Group plc LON:AHT has a 50 day moving average of 862.71 GBX and a 200 day moving average of 970.01 GBX. The 1 year high for the share price is 1231 GBX while the year low stock price is currently 749 GBX. There are currently 503,343,921 shares in issue with the average daily volume traded being 2,365,441. Market capitalisation for LON:AHT is £4,530,850,428 GBP.
oldjoe1
22 Apr 2016
AHT, Broker Views....... AHT AshteadAshtead Group broker viewsDate Broker Recommendation Price Old target price New target price Notes22 Apr Jefferies International Buy 904.00 1,385.00 1,385.00 Reiterates22 Apr Peel Hunt Buy 904.00 1,450.00 1,450.00 Reiterates22 Apr Deutsche Bank Sell 904.00 660.00 660.00 Reiterates21 Apr JP Morgan Cazenove Overweight 904.00 1,140.00 1,140.00 Reiterates
Dave_The_Cat
12 Apr 2016
Re: Sorry to interrupt, but... HSBC downgrade from buy to hold:[link] your own conclusions on the issues they raise. For me, as a long-term investor, Ashtead is still a good solid company with a good future ahead of them, and I intend to keep my money invested where it is. DYOR, and make your own decisions, of course. For me it's a HOLD, but that's just my opinion.
Merlindale
12 Apr 2016
Sorry to interrupt, but... …..coming back to AHT, does anyone know why we have had such a sudden fll in the hareprice today, off as much as 6% at one stage?
iPedro
27 Mar 2016
Re: Another Bit of Useless Thanks for that.I can tell you tho at the time, people started using it, at first on the same thread I was on, and I made a point of joking they had permission to use the term! ( for the purpose of stocks being hit, which is where it took off from almost immediately and spread to other threads)I'm aware of the other meaningI still think I have a case...
rumrunner
15 Mar 2016
Re: Another Bit of Useless You aren't a nerd for knowing the correct derivation of words. Nerds are those people who don't and get it wrong.
Kapulski
14 Mar 2016
Re: Another Bit of Useless Sorry to disappoint, but the term "tanking" emerged in the 1970s in the world of sport, though its derivation is unclear. It specifically meant losing on purpose, for whatever reason. The earliest use I can trace is in a 1976 interview with Billie Jean King: "When our men don't feel like trying...they 'tank' [give up]. I never tanked a match in my life."My apologies for being such a nerd.
iPedro
13 Mar 2016
Another Bit of Useless As far as I'm aware, I invented the term 'tanking'.I posted it on a Google Groups forum in 2007, as I was simultaneously talking to my mate and referencing the tanking we got by Arsenal at home in the 5th round of the FA Cup in 2003 when Giggsy missed TWO open goals that day. Silvain Wiltord finished it and that's probably still the loudest any away supporters have ever been at OT.I was referring to 'the tanking in that sector...'Anyway, almost immediately after inventing that term, it spread like widfire across other boards, not just the one I was on. It is now regarded the world over by everyone.I can't find any other reference to it being used before then - unless someone can help me out?...
iPedro
13 Mar 2016
A Bit of Useless Back in 2008, I was responsible for all web development at Ashtead Technology - then HQ'd at the Warrington A-Plant office, but based in Aberdeen. Now, AHT is just A-Plant (not including Sunbelt, that is based wholly in the US). Ashtead Technology - an offshore rig and sea specialised equipment hirer - was sold off to an oil company in Aberdeen I think. I left the company at that point.I'm not invested in AHT stock currently, but was in 2008 when I first started out building a portfolio. I bought about 8000 shares at 33p, but sold out soon after. DOH!Even at the height of the Global Financial Crisis then, it used to be FUN being in stocks and shares - and actually EXCITING believe it or not. Back then, if your stocks went down a bit, you just waited for em to bounce right back, and sell out of the tripe. eeeeeee, it was easy then.These days, it's HORRIBLE being invested in stocks because although you're sat every single day with an overly-weighted investment waiting for the next piece of shlt to hit the fan, you know that if you don't, you have zero chance of creating enough money to make a real difference to your life, and perhaps, dare I say it, retire early.I'm still waiting and hoping someone will notice the LME copper levels are dropping to near 5-year+ lows, and the onset of a deficit in copper stock levels will finally begin to send the value of my Atalaya Mining shares skyward. Not putting this on the ATYM board anymore because they're probably getting a bit sick of me by now spouting on about why I think they should be currently sat at around £6.00 today. So you lot are having it instead. LOL.I'll plough it all into AHT after that, and then retire!So anyway, anyone from APH from 2008, you know who I am now! May I just say that the people there - especially the management, are still some of the nicest people I've ever met in my life.And Hi!
Merlindale
12 Mar 2016
Re: CS downgrade & Short interest Hargreaves Lansdown provide live share prices if you have a portfolio there, and good research
Merlindale
12 Mar 2016
Re: CS downgrade & Short interest Hargreaves Lansdown provide live share prices if you have a portfolio there
