Ashtead (AHT) - The recovery continues

VIS....Good of you to have the courage to admit that you have called AHT wrong..

Invisage - 30 Dec'05 - 23:30 - 55376 of 55382

"a few weeks back i was negative on AHT...so far iv been wrong. I think i made a mistake in that i tried to call a top...iv only learnt too well that its better to just ride the trend and let the market do the 'calling' "

HATTO....TOO TRUE.

VIS.....Where do you think AHT is heading 06?

HATTO....WELL I AM VERY POSTIVE ON AHT FOR AT LEAST THE NEXT TWO QUARTERS PROVIDING THERE IS NO GENERAL MARKET HICCUPS ETC....

SO TILL JULY 2006 I SEE AHT AS A RELATIVE NOBRAINER & FAIRLY EASY TO PREDICT.

ON THE RUN UP TO MARCH 2006 RESULTS I THINK SOMETHING IN THE REGION OF
198P-220P WILL BE ACHIEVED. RESULTS WILL BE ABOVE EXPECTATION & WE WILL MOVE INTO THE 220P-250P REGION I WOULD IMAGINE BEFORE FULL YEAR RESULTS IN JULY 2006.

THATS AS FAR AS I AM HAPPY TO GO.....

AS I HAVE POSTED PREVIOUSLY I WILL CLOSE MY AHT SPREADBETS BY JULY 2006....NOT BECAUSE I AM NERVOUS ABOUT AHTs FUTURE GROWTH BUT TO SAFEGUARD MY PROFITS FROM ANY FUTURE HAPPENINGS.

WITH 70% OF MY MONEY IN AHT I HAVE TO BE CAREFUL.

AS REGARDS TO MY OTHER AHT HOLDINGS WHICH ARE QUITE LARGE, I WILL WAIT & SEE HOW THINGS ARE GOING.

I HAVE ALWAYS FOUND THAT TO HAVE "DATE TARGETS" IS FAR BETTER THAN HAVING PRICE TARGETS.

SO WITH ME FOR AHT IT HAS BEEN A CASE OF WAITING FOR FURTHER NEWS/FIGURES WITH RESULTS & TAKE IT FROM THERE.

WHILE THE NEWSFLOW/FIGURES CONTINUE TO SHOW IMPROVEMENT THEN THERE IS NO GOOD REASON TO SELL IMHO.

Where is our beloved FTSE heading...alot of people seem to be bullish (or complacent)

MOST OF THE PAPERS SEEM TO BE INDICATING A GOOD 2006....THERE WILL OF COURSE BE UPS & DOWNS....I TEND TO AGREE THAT THIS TIME NEXT YEAR THE FTSE WILL BE HIGHER THAN IT IS NOW.