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I bought a little Ashtead when it was 803 so have made 40% and have been watching out for a chance to pounce. Is this it? Anyone know why Ashtead is now 15% off its 52-week high?
Analyst comment: ....''Fed speculation-in transition from a easing cycle to somewhat tighter and market speculating when timing is going to start''.....''contributing to volatility''... ...''markets worrying about deflation and impact it could have on global recovery''... ...''markets trying to figure out the dominant theme for 2015''... ''structural reform headwinds in EU''.... ...''the consequences of falling oil prices and their effects on corporate earnings''... One thing for sure there is going to be a lot of busy storage facilities worldwide and ma$$ive profits when oil price recovers. Heading for $40. US data: Beige Book Oil inventories and a raft of other items. AHT sp could fall more to£10.50ish Markets nervous for January. URI should steady up but shale and fracking exposure may see it decline more as oil hauls down equities Great long term opportunites will present themselves Large short position on URI closed recently. Asia in Red this am Good day investing to all- happy 2015
Steadily recovering, 42p higher than intraday low.
BBusiness is sound for sure. reaction would be to a potential reduced cash flow and the relatively high debt due to investment in plant and expansion into niche markets would make investors feel nervous about their ability to service such borrowings. But exposure to fracking/shale and falling commodity prices is creating anxieties but these companies are well up to the task and no doubt they must be also under pressure to be more competitive and give better deals to their clients in a very competitive sector which will be reduced cash flow. URI falling to 3% more at the the minute and AHT fairly steady-but still a good price but may fall more and overshoot Uncertainty in the air at the minute with oil and Greece in equation
Vigilant - a lot of what you said is speculation. Nothing much has changed since the last figures were released and the drop in price today is an overreaction to the broker forecast on United Rentals. The theory of equipment purchases replacing rentals is hearsay, personally I believe if the markets were twitchy then the last thing business will wish to do is roll all of their funds in to equipment purchases and assets. If the AHT business was primarily aimed at Russia I can see the sentiment but the forecasts still stand, the business is strong and as much as I dislike a drop in price if I have funds available then like many others I see it is as time to topup. DYOR
Analyst sentiment that with non-residential sector improving that construction companies might start buying their own equipment and with commodity prices falling this will also effect rental profitability. Markets nervous anyway. AHT sp could fall to £10.50 - Keep the fat finger idle for awhile as things develop. Could $lide again with opening bell across pond. Caution till things become clearer as more selling could be more heavy and a really good price develop. January could be very bouncey Good and carefull day to all
I agree, completely overdone.
Even looking ahead, average forward earnings for URI is +125
I agree with you. I have just bought some , lets hope we make money. Keep me posted
Massive knee jerk reaction to a single broker downgrade to United Rentals.. absolute opportunity to top up.
Panel of economists in USA recently warned that a Greek exit would see a new round of global financial turmoil - ...''it would be Lehman Brothers squared''... London comment: ...''there is such a very high risk potential that people may start to question their investment in Europe''.... Great to see AHT sp in robust and steady form. Could be a decent dip$$$ on the way again and a sharp bounce north again . Vo
05 Jan 2015 Ashtead Group PLC AHT Panmure Gordon Buy 1,183.50 1,165.00 - 1,457.00 Reiterate SP TARGET 1457p
Investment strategist comment: ''China is in transition to a consumer society but it's happening too slowly.China is turning into a developed developing country''. ''Growth will slowdown overtime without they going into recession but it's going to be painfull'' ''Everytime they persue this transition it seems to fall apart and they revert to the old model of building things and another stimulus package'' China exports about 25% to EU when EU is healthy so hopefully EU will recover and grow again. Happy New Year all. Good and carefull investing to all-DYOR
USA today: Jobless claims Housing data Chicago PMI Roll on 2015 Good day investing to all
Japan to give 3%+ tax break to corporations at a cost 4Billion$ to revenue over a two year period to encourage higher wages and investment. ECB please take note. Will Greece politics and the falling knife of crude di$h up a good old fashioned dip ! USA data: House price index Consumer confidence Good day investing all
Analyst comment: ....''if there is an active market being traded in sub-$40 crude oil(Tuesday) I don't want to venture that we are anywhere near the bottom at this point''...... He pointed to actions in the futures market as a telling sign,specifically a big increase in bets that oil will go under $40 by January 21st.2015. US economy grew at its quickest pace in 11 years in the 3Q. AHT sp seems to have peaked! exposure to fracking/shale contributing but still looking robu$t Tomorrow might see a $urge to round things off for 2014 Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$
GDP and Durable goods data expected to be good with improving economy. Analyst comment: ....''good durable figures reflects a stronger manufacturing sector with a greater industrial use of crude oil''..... Crude oil inventories due also today. SP will with rally pop over £12 and hopefully! fly £orth-but its been an interesting time so far Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Quarterly expiration of futures and options due-volatility!
Blackrock senior investment strategist: ..''Stocks set to outperform bonds once more in 2015''..... ....''on bond side you're going to be hard pressed to repeat those kind of returns for 2014 thats going to make it a lower hurdle for stocks relative to bonds to outperform in 2015''.... AHT sp has displayed its resilience with volatile oil prices and the market is satisfied that these large rental companies with connections to fracking and shale and oil generally are steady investments due to the dynamic and broad based nature of their businesses. As one analyst commented ''the Bull is now refreshed''- and no doubt he will be refreshing himself again. Good day investing to all Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
UK economy forecast to grow about 3% and inflation about 0.9% in 2015 and interest rate hike in 4Q 2015. Market comment: . ....Fed will err on the side of being slow at raising rates which is usually good for risky assets such as stocks''.... ....''Currency moves tend to amplify volatility in other sectors as currency crises normally create liquidity crises which results in assets being sold''... US data release today: Weekly jobless claims data. Philadelphia Fed survey and Leading indicators Rally is on if oil price steadies! and with no overseas market upheavels as one strategist remarked. But what will happen in Greece! Will Ukraine become interesting! So far its been like a bungee jump so hopefully a calmer ! time awaits us and $anta gets rolling Good day investing to all Merry Xma$$$$$$$$$$$$$$$$$$$$$$$
Market strategist comment: ....if FED keeps considerable time phrase and refers to global economy concerns then that would be dovish and support equity markets''..... ....''S&P to be at 2050/2100 at years end.Market around bottomish and will rally to years end,however a lot could still happen'..... Crude oil inventories released this pm and could re-instate panic! What will Greeks dish up? As one commentator put it that market will come around to lower oil prices and the positive effect it will have. Russians have a cash pile of $400 Billion . Iran,Iraq,Libya,Venezuela,Russia dependent on oil and need to keep pumping. One oil analyst estimates that oil price is $20/30 overshot due to panic. Companies envolved in fracking/shale have improved their technology and lowered their costs. Markets have plenty of highway ahead of them now for a good bull run to years finale. Good day investing to all. Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Editorial comment: ...''Will the FED focus more on the labour market or on the drop in oil price and what that means for inflation and that will set the tone for the remaining weeks of 2014''.... Long term picture for investors as commented also is with the inevitable unwinding of QE and its effect on financial markets globally. Good day investing to all. Merry Xmas
Analyst comment: ..,..''Investors seem to be of the mind to fade rally and wait for clarity around FEDS announcement on Wednesday and to find a bottom to oil''...... ....'' Oil headed for $50''.... ...'' US growth to fall to 2% or less for 2015''.... Never a dull mmoment. <rrry Xmas
Chief market investment strategist comment: ..''Part of new normal for markets in 2014 /2015 is smaller upside and more persistent corrections because we don't have the earning power we had in 2013 or the multiple expansion opportunity to drive markets into a higher upward momentum market''. ''As far as oil goes recognising the potential of a long term really atractive entry point and balancing that with the fact that this has become an almost like mania momentum trade and so we are going to see enormous volatility in the price of oil and what really amazes is how oil companies and oil analysts have built in apparent prices into their forecasts''. Economic data Monday: Empire State survey. TIC data NAHB survey Industrial production Merry Xmas
Editioial comment: ..''Oil analysts expect the selling in oil to continue and many see WTI at $50''... ...''Don't underestimate panic to drive prices lower than where they should be,the rest of 2014 will be wild and 2015 similarly so''..... ....''In the coming week volatility could soar as the expiring futures contracts have to square up with the even lower priced cash physical markets''.... Brent crude/Tuesday; WTI/Friday. ...''When prices bottom out then oil will ricochet and present a variety of prices going forward''.... Important market moving data also due for release this week. Never a dull moment. Merry Xmas