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This Tool Hiring Giant could Build your Hopes of a Higher Share Price

Hello, Share Jumpers. This old punter is rather surprised at the way Ashtead (AHT) maintains and often improves on its lofty share price. The City seems to love this company which has grown big on hiring out tools and plant to build with. It obviously has very good management that keeps on bringing in the sheaves. Sadly, I disposed of my shares a few years ago.


Ashtead – still a geared play on US economy Inc

Back in those fake halcyon days of early March when all of us should have been extrapolating events in China much more aggressively on a global financial markets basis, I wrote about plant equipment and tools hire company Ashtead (AHT) that 'in the run up to the November Presidential election, I would still be chilling on this one'. This was a good call in the sense that the share has not held the twenty quid level I have talked about a few times before...however let's face it, most shares are down over the last couple of months or so. Today's update from the company is bullish in one sense...

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