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Ashtead, the Builder's Friend, May Build back its Fallen Share Price Again

By Malcolm Stacey | Thursday 10 January 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello Share Trouncers. About two years ago, I sold this family’s shares in Ashtead (AHT). After consulting this very website, I could not see how its meteoric rise could be sustained. We took a big profit. But then, as so often happens to shares which seem overvalued, the share price continued to soar. But while I suffered many months of kicking myself, the share price then did what it should have done all along and crashed back to 1800p - the price at which I sold the lot. Then it fell even more...

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