Ashtead - Building on Powerful Rental Growth!

Hi Rescuer, my point exactly. Anyone wanting to increase market share would be getting a co on half the PE, with the potential benefits of the NR acquisition not even factored in.

Best possible scenario, A plant taken out in the UK (not too much organic growth left from what I can see), we are then left with the US operation, NR fully integrates with Sunbelt and replicates utilisation and margin, and the US plant hire sector continues to grow vs bought plant (lags behind UK considerably). The icing on the cake would be a shift in the dollar/sterling rate and then a float in the US. Some or all of that will happen in 2007.

Never really been so confident of a share for a long time. This time, however, I will not be selling until well past 250p. I will make money out of AHT in 2007.