Ashtead Technology Share Price (AT.)

Pinky, I'm not sure it is fair that nobody takes any notice of Motley Fool. For many years, it has been a respected site and at the very least, it is doing what is required with small AIM companies, that being to comment.

As with any research, whether for big or small companies, it is important to do your own research and to understand that one view is merely that - one view. You have to look upon research and comments as a jigsaw, to build gradually, to get a better informed view.

Personally, I think AT. has fallen to very attractive levels based upon their most recent results and forecasts into 2025 and I have just taken positions at c.570p. The old adage of not catching a falling knife means that I did not buy at the bottom and maybe I have bought too early and this week's recovery is merely a dead cat bounce. I am also wary that GLG has increased its short position to 0.69% of the equity and shorters tend to be able to read balance sheets back to front and upside down.

On balance though, these are levels where buying maybe a half unit may be the right approach, especially if Directors start to do the right ting and to buy their shares.

I suspect the UK small caps space is being disrupted by the anticipation of higher CGT in the late October budget. Hence people feel incentivised to bank profits now, to lock in a potentially lower rate of CGT. Although maybe some of the sellers will be wanting to buy back in, so this could just be a short-term dip. Again, personally I won't be letting unusual price falls disconcert me, that's more of a buying opportunity than a threat in my view, because the likelihood is that sellers are motivated by tax factors, rather than inside knowledge of poor trading.

Thanks BeardedDragon. I thought it was an interesting article. At least the price rose significantly today. Hopefully the price will stabilise now. It seems basically to be a good company operating in a promising area

Nobody, correctly so, takes any notice of the Motley Fool

Up 8% right now after recent drops. Might this Motley Fool article have any influence?

https://www.msn.com/en-gb/money/other/this-ftse-100-spin-off-s-down-32-in-a-month-but-i-d-back-it-to-recover/ar-AA1qr82h?ocid=msedgntp&pc=NMTS&cvid=e9c02da7d163456a99f0007ffa906482&ei=44