NEWSFLOW
Speedy Hire (#SDY) – H1 adj. EPS +16%, DPS +17%, remain confident of FY “in line with our expectations”
- 2019-11-13 07:16:25
Hello, Share Crimpers. Many of us have made a bit of a killing with shares in Ashtead (AHT), the British company which hires out tools and plant to builders here and in the USA. Of course, it’s not the only player in what seems to be a pretty profitable game.
Hello Share Crumblers. When Ashtead (AHT) rose to 1700p, I thought enough was enough. I sold because I could not see Big Donald’s infrastructure plans coming to much. Ashtead, you’ll recall, is big in the construction industry in the USA. But the share is now tickling the 2000p mark. So a mistake there. Except that it’s never wrong to take a profit. And in this case it was, for me, at least a 10 bagger. But Ashtead is not the only company which hires out tools and plant to builders. Which brings me to today’s commendation.