Ashtead (AHT) - The recovery continues

Good evening everyone.

Hi Yuka.....Nice to see you visiting.

I've been watching the football on TV this evening....I see I missed the stimulating conversation between NAI & himself....wot a plonka as Del Boy would say.

I dont think it follows that the FTSE will tank inline with the DOW tomorrow....if you have read the US news as I have & listened to Bloomberg on TV you will agree that the fall is US related....ie fall in oil prices, worries about a rise in Bank rate + weaker than expected performance of a few of the DOW stocks....E bay etc...

Also we had the DOW rising 125 points on Wednesday & yet the FTSE fell 4 points today.

FTSE futures is only marginally down & IG Index have us around a par of
28 points lower at the close of play tomorrow.

But I do agree that (long) trading conditions are not great & AHT may indeed fall over the next week or so....

Of course the SP could also rise....we have Buy Recs from EVO's 165p & PMUR 170p.

We have AHT's pension fund buying £1.000.000 of AHT yesterday & we have a possible trading update next week (as we did last year).

So I'm certainly not selling....