The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
off topic mentioned fcrm on 18th novr when 20 p this am 29p could be a $tellar perform£r in 2016 Merry Xma$$$$$$$$$$$$$$$$$$
Market news: Global glut in oil/commodities feared as prices go south and deflationary pressures making markets nervous Fed hike is ON and could be followed by some turbulent times,like the taper tantrum in 2013 and some decent companies will present some enticing prices AHT could move more in the right direction for awhile Fed Hike announced on 16th Decr USA data: jobless claims money supply import/export data UK data: balance of trade rics housing survey Have a wild day Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
.....but plenty of short positions and $wee£ return$$$$ Mr Questor
US Transport Bill being approved is an indication that US is getting $tarted on it's infrastructure US economy is doing OK and construction generally is $ound and good for any economy Market $entiment this AM is that the calm in markets is not convincing AHT sp going long and patience,£15 + over the next couple of years. and lots of dips to hoover up,be patient and wait for a good one with your dip/plunge alloca£ion. AHT a superb $wing $tock and sp grinds it's way £orth overtime 38 new locations opened in USA so far and A-Plant storming along Drabble and co a $avvy outfit Merry XmA$$$$$$$$$$$$$$$$ A$htead
Rental revenue 18% Pre tax profit 21% ROI 19% EPS 24.1p Dividend up 33% Net debt to EBITDA ratio of 1.9 CEO: ........''both divisions performing well..........''full year now to be ahead of previous expectations''.......Ashtead remain confident into the medium term''..... Another set of decent results. $anta come on down it's time to ro£££££ Market needs to settle and then we will get some s£eady movement again in sp Have a wild day Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
With oil falling and volatile market indeces not the ideal setting for qly earnings release on Wednesday. URI down 5%+ Saudi's production cost on one barrel of oil is about 6$ and they are gunning for the frackers US stocks forecast for 2016 is mixed but generally positive and with job growth and wage growth on the increase. USA data: small business sentiment red book- a weekly measure of consumer spending EU data: gdp UK data: brc sales monitor industrial/manufacturing production Have a wild tuesday
US non farm payroll jobs:Construction came in with 46000 and out of that total non residential created 13900 and 131200 yoy to November an increase of 3.4%. As one economist commented that the recent passage of the '5' year Transportation/highway/infrastructure Bill and soon to be signed off by Obama,will give local and state officials the certainty and focus to plan larger multi year projects. $ 350 billion has been allocated which will be given to US federal/state governments to fund much needed state infrastructure projects/civil and heavy engineering. For the past two decades a short term /gridlocked funding to states has resulted in the US of a serious infrastructure decline. There now seems to be an encouraging sense of priority across the political divide that the US infrastructure has to be addressed on a continuous basis US job report indicated a broad demand for workers,but job participation and wage growth increase indicated that the rate of interest hikes will be gradual and investors sentiment will remain positive for now and the US economy going into 2016 is resilient. Have a wild Monday
Hi Jonny, Qly AHT earnings will be good But not the best of times as market is making it's mind up and then everything is fine for awhile Fed rate hike no big deal,but what concerns the investor is the rate of increases over time and how it impacts on their ability to service their debt ratio to ebitda and their continued profitability,but AHT are a £ound company Share price will go north for awhile!and then a lazy bouncey algorithim Jonny any interesting copmapnies worth a Be£ City comment: ''QE and interest rates,what we need is inveastment/real money and theres plenty of it $lo$hing around'' $anta Rally well lets hope it starts firing again and there's plenty time left,so market hopefully will settle Non farm payroll today about 200000 and hike ensues and get back to normality Fed doesn't hike all hell breaks loose ECB already has purchased! 1.5 trillion Euros and EU is doing OK and German factory orders up this am Have a wild day,merry xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
for those wondering about yesterdays bounce,welcome to AHT,it's all about acro$$ the Pond Credit Siusse's recent forecast is about right A-Plant doing A OK and continue to do so,but a small player in AHT's rental business City comment: Market volatility will ensue with divergence in central banks for at least the first 6 months of 2016 USA data: non farm payrolls international trade
A-Plant acquires the accommodation fleet of speciality house builder McCarthy &Stone-due to expansive growth plans it's more cost effective to outsource their accommodation fleet requirements to the specialist accommodation division of A-Plant-and acquisition comes with a 5 year deal to supply Mcarthy & Stone with accommodation fleet and a tidy way to do business. This acquisition is a further part of A-Plant's strategic plan to supply accomodation units across the UK. It perfectly complements A-Plant's accommodation division and on offer to sites/customers will be temporary offices,toilets,showers,washrooms and complete contractor villages. A-Plant plans to invest a further £8 million in it's specialist accommodation division over the next 12 months. USA data: jobless claims pmi services factory orders ism non mfg eia natural gas Fed speak/janet yellen EU data: pmi comp/serv retail sales UK data: pmi comp/serv All eyes on ECB/Draghi City comment: ''Yield is the problem and negative bonds don't help and dividends/shares are the answer and all that money sloshing around will find their yield in the stock market'' Yesterdays US data came in OK and job number -ADP- better than expected. Fed yellen's comments yesterday were po$itive for US economy going forward for the next couple of years. Hedge funds going LONG on URI and shorters god love them also hungry for URI;CAT and machinery makers OIl stabilising maybe early 2017! Have a wild day and merry xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
ISM institute remain positive for US manufacturing despite stagnation and are expecting 2016 to be better US engine maker stocks in ''recession'' due to EM/China and strong dollar and market will dampen sp expectations for machinery stocks like AHT/URI despite stable US demand BUT companies are keeping a carefull eye on their costs and growing their businesses organically and acquisitions are not on their agenda or a lack of suitable ones. USA data: adp job reports productivity and costs beige book mortgage applications gallup job creation index Fed janet yellen speak EU data: ppi UK data: pmi construction EU data yesterday came in encouraging and ECB/draghi will stimulate as most expect December got off to a positive start and their seems to be a whi££ of $anta Rally in the air Have a wild and Merry Xma$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
QE helps companies to de-lever -keeps bonds and interest rates down- and encourages growth and great for stocks Heavy data week on the way UK data Monday: mortgage approvals consumer credit Have a wild day
A-Plant's recent store opens in Wolverhamptron persuing a strategy of servicing town centres and around cities serving the construction and DIY market USA data: pending home sales dallas fed manufacturing survey
So long as there isn't too much noi$$$e the sp should be around £11 low + on Qtly release on 9th.Decr Have a wild day
Chancellor Osbornes plans for enticements/incentives for affordable housing in yesterdays Autumn statement is good for Rental and service companies and UK economy A-Plant continue to enhance their fleet with a recent £2 million investment in eco friendly access plant
Editorial comment: Construction job gains more widespread in October and contractor associations again urge politicians at all levels to sort out the training requirements needed for construction industry expansion Pool of available construction labour seeking jobs is at it's lowest level since February 2006 Yesterdays data release in USA mixed and 75% sentiment that Fed willm move in December EU data so far remains encouraging Wall Street closed for Thanksgiving Have a wild day
USA construction spending for 2015 is 11% so far and yoy equals the 11% for 2014 and that was last achieved in 2004/2005 going on todays data release Main difficulty for builders/contractors is trying to source suitably skilled labour right across the site and optimism prevails for a good 2016 as well EU data encouraging USA data Tuesday: red book consumer price index Sentiment so far: Fed will hike in December so long as November job number is not a downer Have a wild day
Hi Howaboutthatthen, This lady is on a ro££ and US consumer confidence is A OK Could be a nice spike up on data release Merry Xma$
Analyst sentiment: Fed Hike will remove uncertainty for investors both in EU/US/and also those interested in EM's and FOMC min's are giving a good signal of accommodation. Fed Hike will also be an endorsement of US economy. USA data: jobless claims leading indicators Bloomberg comfort index Philadelphia fed business outlook EU data: current account UK data: retail on line sales retail sales cbi industrial trends AHT sp steady and will rise to £10 high + or £ 11 before Qly data on 9th Decr and general Mkt also looking ok so far! for $$%an£a Rally Have a wild day
UK house prices to rise 6%+ in 2016 FCRM could be interesting Have a wild day