ASHTF News and Press, Ashtead Group Plc From 12/06/22

The following slide deck was published by Ashtead Group plc in conjunction with their 2022 Q2 earnings call. For further details see: Ashtead Group plc 2022 Q2 - Results - Earnings Call Presentation

Ashtead Group plc (ASHTF) Q2 2023 Earnings Conference Call December 6, 2022, 5:00 AM ET Company Participants Brendan Horgan - Chief Executive Officer Michael Pratt - Chief Financial Officer Will Shaw - Director, Investor Relations Conference Call Participants ...

Summary Gardner Russo & Quinn’s 13F portfolio value decreased from $8.94B to $8.27B. Russo increased Netflix and Ashtead Group plc while reducing Comcast and dropping Alibaba Group Holdings during the quarter. The top three 13F stakes are Berkshire Hathaway, Nestle,...

Summary Ashtead Group (ASHTF) is dual listed on LSE and NYSE. An equipment rental market leader with a U.S., U.K. and Canada based international store network. 60% of revenue now sits outside of non-residential construction, leading to less cyclicality. Solid balance sheet...

Summary US infrastructure is in a mess through decades of neglect and many investors' portfolios are in a mess due to happenings over the past year. There is a growing political will to fix that mess plus decoupling with China and other world events means many new factories are be...

Summary The Strategy outperformed for the second quarter in a row, thanks in large part to positioning adjustments made over the last year in preparation for these extreme macro headwinds. We enhanced a focus on sturdy, secular growth businesses with three new additions to the portfol...

Summary I initiated a starter position in Ashtead, an equipment rental company listed in the UK but with 95% of its operations in the US. ASHTF has a return on investment in the 20% range, with 27% operating profit margins and unit economics are attractive. Ashtead prefers mor...

Summary Alphyn Capital Management LLC (“ACML”) is a registered investment advisor in New York. We help clients invest in high quality public companies to both preserve and grow their wealth over the long-term. The Master Account returned -10.95% net in Q3 2022 vs -4....

Summary W.W. Grainger continues to post attractive financial results, and the company has done well to hold solid in this market. Long-term, management has some big plans for the firm, but this doesn't make the business a great prospect right now. Despite its favorable long-te...

Summary The Bonhoeffer Fund, LP, is a value-oriented investment partnership. The fund's objective is to grow capital at a faster rate than market indices over full market cycles and provide minimal. The Bonhoeffer Fund returned -14.9% net of fees in the second quarter of 2022. ...