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Is this because of Utd Rentals numbers or because Harris has taken 5% holding?
US housing recent data are strong and a resilient and dynamic indicator,the all important Household Formation data is strong China transition to Service/Consumer based economy could take minimum 5! to 10 years as per some City comment and a contributor of interest/noise to global markets for the coming years USA data: FOMC meeting begins Redbook PMI Services Index flash Consumer Confidence Manufacturing data Richmond Fed Another opportunity to see where Market supports AHT sp with all the NOI$£,low £9or high£8 and a decent price How much more will falling oil/commodities impact on the big rental companies and markets will overshoot again DOW transport index.the rail companies are getting hammered Oil Analyst comment: It will be at least 6!! months before oil bottoms There is also a geopolitical play in that the Saudis/Aramco are trying their pumping be$t to asqueeze Iran out of international Credit markets A sea of bli$$full RED and OPPORTUNITY FOMC on Wednesday may calm the nerve$ URI data on 28th will be good,however twice the size of AHT,but should give the market a good pul$e on rental RI$K off,no risk wait on decent stocks and top up,its a $anta Rally inverted Have a wild day
Caterpillar Qly data disappoints and this machinery stock brings down the other machinery! stock(rental) URI somebody's making $$$$$$$$$$$$
Big week in US Qly earnings release on the way Fed speak will be pivotal for Markets and if it comes across negative it will be a sea of RED and ALSO opportunity. As on old City hand commented: The Fed are still living in an analogue mindset and should acknowledge that we now live in a digitised global economy where significant $um$/tranactions can be transmitted to any part of the globe from a smart phone ---------------------------------------------------------- The bulk of US manufacturing has gone offshore and what remains is about 8% of US GDP,which has been hard hit by a strong dollar and the significant decline in energy capex. Demographic data: Averrage OECD age is 40 yrs plus and this age group saves more and in the emerging markets the average age is 26 yrs and these like to spend . The American consumer is saving more and data has confirmed this whilst credit from banks is still tight. A big contributor to sluggish US wage growth is the globalised nature of the economy we live in and UK,EU and US companies will continue to invest in countries where they can make a significant contribution to the bottom line through reduced payroll costs and corporation taxes. AHT may continue to steady up to the URI/Caterpillar Qly data/conference call on 28th January. URI will come in good but the Market will be cautious on rental for months to come. The AHT sp will be rangebound between £9 low and £10.50ish maybe and a tidy little earner After the Qly 2 US data the health of US economy will be more clear. But one thing for sure is VOLATILITY is not going away for a long time. China has a social debt of about 400% of GDP and an external debt of 50% of GDP and that is a major concern Japan has wrestled with deflation for over 20 years and US/EU will similarly struggle with it Oil price decline primarily down to oversupply,but what will concern FED is that when storage declines sometime! the price will jump up very quickly and inflation! Have a wild week
Construction adds 45000 jobs in December and sector unemployment down to 7.5% from 8.3% in Decr 2014 in growing private and public sector construction demand. Residential construction jobs increased 5.7% YOY Non-Residential construction jobs increased 3.2% YOY Main contractor concerns are labour shortages;regulatory burdens;health care costs. Congtractor organisations call on US government for a more robust inclusive workforce development plan encompasing career and technical education programs through investment in community colleges to meet the need for construction skills demand . US infrastructure is creaking at the seams and needs massive investment and it will come if US economy falters and the powers that be/and big money decide!!! to take a different and more obvious approach to 21st century USA. Have a wild week
Looks as though Draghi called it right in Davos...if he gets implementation of QE plans then 11 GBP Is well within reach....if China transition stays on track then could be more.....although in the case of AHT not as significant a factor as US Manufacturing output or interes rates. GLA.
should read: ''.......horizon for 2016........''
A-Plant acquires GB Access a specialist provider of hoist hire equipment for both large construction companies on construction and industrial sites and smaller operators. A-Plant now owns a large and competitive fleet of hoist plant and GB Access will operate as an independent company within A-Plants specialist division and will complement A-Plant's FLG Services and will further consolidate A-Plant's lifting and safety products business. A-Plant's acquisition affords them new capabilities and opens up new specialist opportunites in this sector as reflected in A-Plant's mananagement appraisal. GB Access is a well respected and established hirer of of hoist plant for over 25 years. This acquisition gives A-Plant a significant presence in hoist rental and a solid foundation for A-Plant to grow the business and become the UK's premier hoist rental company. And good old fashioned cash flow. Interest rate hike in UK does not seem to be on the horizon for 2017 which is a plus ++++ and across the pond the Fed will be accommodative also. USA data: pmi manfg index flash Chicago fed national activity index existing home sales leading indicators baker hughes rig count UK Retail sales disappoint in 4Q AHT sp seems to be steady/support around £9.30ish for 2016! and rangebound between this and high £9 or low £10 for the months to come in this volatile/spikey market which trends South till a clearer horizon/risk becomes established. Stay behind the AHT sp curve and money can be made as AHT always gives a nice spread URI and Catepillar 4Q earnings release and conference call on the 28th January. URI will come in with good earnings,but any negativity! from company and these stocks will suffer. URI/Caterpillar are also heavily shorted throughout. Have a wild day
City comment: ''Oil,China,Fed and the direction of Global economy creating such uncertainty that Markets will suffer'' ''Market volatility and regular volatility will squeeze liquidity from markets and cause recession'' ''Stock market has finally caught up with oil and correlation mirrors that'' UK unemployment at 10 year low as labour tightens AHT SP heading for £8 territory and when it falls under £9 then £8.50ish is on Oil needs to bottom out/stabilise and by then some very tasty prices will have been scooped up on decent stocks Play it SOUTH,irrespective of decent earning reports the market at the minute is GOING SOUTH USA data: consumer price index core cpi housing starts Old hand comment: China transition will be painfull,but Crucial to a more balanced economy Have a wild day PATIENCE and pounce
AHT recent rental activities appear to be on the increase due to increased activities related to holiday season now being over, pickup in contractor activities outide the E&P / Mining Sectors, just needs government contracts to pickup ( Draghi can help here in Europe, with good feel combining back in US thanks to Hillary, also China not having the landing many were thinking......6.5+ % even given it may only be 4.5-5.0% ) and AHT should see some noticeable movement upwards.....good thing is the divi should safe enough for next 2-3 yrs, .at least better than my bank.
China GDP 6.9% They are WRONG The figure is 6.911111111111111111111111111111111111111111111111111111111111111111111111111111% Editorial comment: World drowning in oil....... UK data today: Carney speak/BOE + inflation! update Hedge funds piling on the bets on oil downturn 2016 global outlook is down from IMF this am Have a wild day Have a wild day
old hand comment: Market $lide down to fears of global recession....... Market will adjust to a new oil market where the the swing producer is not there anymore and could take a few years.... Chinese themselves do not know how much their economy is growing and that unconfirmed gossip gets around..... China data on economy,gdp 4Q,etc will dictate on how market goes in US on Tuesday Wall Street closed on Monday China data Monday: gdp retail sales industrial production
15% drop possible if wider market contagion kicks in this coming week.....even further should a 2008 panic set in over short term.....similar if oil drops below 20 Bbl......may be Saudis will become the peace maker and bring forward a solution / end to the suffering thru prod cuts........China not looking to be much help so needs something big to stop or should I say hold the falls from going even further......for me AHT still a good long term bet and one good thing with Iran out the Nuke race the worlds a safer - happier place GLA.
Editorial comment: Market $lide could go 15% more,with spikes on the way down,it's a waiting game,preserve your capital Fed speak from key participants on FOMC conflict/confuse Iran deal cleared,and nobody can put a handle on where oil will settle!
£9.60 and $uperb value SP could fall into £8 territory before they give it some support Caterpillar and URI are heavily $hort January turmoil will $erve up some ta$ty prices on decent stocks Oil may go to 20+_$ Have a wild weekend
A-Plant opens Tool hire Express store in Bridgwater/Somerset SP sinking to even better value as URI $lides-general uncertainty on oil/mining/china SP could slide to £9 low USA data: ind production retail sales business inventories consumer sentiment manufacturing survey Fed speak City sentiment so far that Fed will hike once in 2016 Have a wild day
Editorial comment: 71% of construction contractors expect to employ more in 2016 as they are expecting more public and private contracts in 2016 as per a recent trade survey US non farm payroll came in strong at 290000 and relief all round AHT sp looks steady at £10+ Good buy in price though,but in these volatile times even tastier prices could well materialise Have a wild weekend
Private non-residential construction spend stuttered in 4Q 2015 according to recent data in Jan however its up 13.6%YOY Uncertainty as to projects in pipeline and budget constraints in state and local governments. But the transport bill has been passed and close to 500$ Billion will be available and the market will digest that positively Have a wild day
Chinese central bank making foreign investors nervous as to their ability/wisdom! in handling present market turmoil URI down 6% and CAT down 3%,machinery ! stocks However a good metric for AHT sp is where market decides its value in present turmoil and its supported at that level US non-farm is todays big data and if its off by a city mile all hell breaks loose for awhile As one old hand described central bank intervention is that its keeping zombie corporations and zombie production/oil in business Have a wild day
EDitorial comment: China is struggling for a business model and devaluation is exporting deflation/problems not only regionally but also globally Not to mention their already aluminium/steel dumping Some old hands have commented we are returning to something like 2008 General sentiment is that PROC are not being transparent with market But one thing for sure it makes life difficult for future Fed hikes Have a wild day
Editorial comment: Chinese have wasted a lot of money trying to influence markets,the markets will do what they have to do 2.5 TrillioN$$$$$$$$$$$$$$$$$$$$$$$$$$ wiped off already in first week of 2016 AHT will eventually steady at mid£9 or £8high and a very good entry point An Indian economist in 4Q 2015 said if Chinese economy was achieving 2% they were doing good. A bleak month with uncertainty underlined awaits Job figs non-farm on Friday Have a wild!!day
Editorial comment: DOW set for triple digit losses and shaping up for a ugly day USA data: pmi services factory orders adp employment figs international trade eia petroleum data gallup job creation index EU pmi data comes in ++++ Old hand speak from 4Q 2-015 is that market needs another 10% corerection and then a good entry point for the $mart money And at the minute the smart strategy is to wait up the tree in the high heat of the serrengetti and wait for that wilder bea$t and pounce when the tinme is right Have a carefull day Happy and preofitable 2016
Stock market intervention postpone the grim reality and carnage to come excessive valuations capital outflows investors squeezed in their ability to trade high debts Oh lord just one life changing dip,thank you Happy New Year Have a wild day
This share should hit 1180-1190 within the next 3 months and maybe even 1480 if the profit projection for 2016 holds.But since profit projections never hold, particularly in the building trade, I think that I will jump ship at 1185. Since that is less than 6% from the current price (and closer to 4% when dealing costs are factored in), I reckon this is a good hold but not an overly exciting buy.
Federal employment data reveal 190 metro areas out of 358 have expanded their construction activity and finding suitable workers has improved somewhat,however construction organisations press for public spending in programs for career and technical education especially at secondry level to introduce young people to the the potential of high paying construction industry jobs. USA data: jobless claims Chicago pmi Bloomberg consumer comfort index AHT sp nice and steady and could start moving towards £12 again Another volatile time awaits until crude stabilises! Decent dips will again present themselves-patience AHT will continue to grind it's way £orth through 2016 Fed hike bandwagon will continue to entertain!and enrich Best of luck in 2016 to all and DYOR Happy New Year and have a wild day