The n00b Share Analysis
FTSE:AHT Ashtead Group

Industrial Plant Hire Companyhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🚛" title="Sattelschlepper" aria-label="Emoji: Sattelschlepper">

Go by a building site/Get stuck in roadworks - their name is usually somewhere nearby!!https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛑" title="Stop sign" aria-label="Emoji: Stop sign">

Branded as Sunbelt Hire they hire JCBs, Diggers, Road Signs, Traffic Lights, Portakabins, etc, etchttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🏗️" title="Gebäude im Bau" aria-label="Emoji: Gebäude im Bau">

Recent News
Covid impact in the closure of construction sites - 8% revenue drop year on year and a 35% profit decreasehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙄" title="Gesicht mit rollenden Augen" aria-label="Emoji: Gesicht mit rollenden Augen">

Sneaky COVID play as however - they hold the contract with the UK Government to provide the equipment for the local testing stationshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="💉" title="Spritze" aria-label="Emoji: Spritze">

Profit and Loss
FY20 (April 20) revenue growth 9% - market is quite saturated so reasonablehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🧐" title="Gesicht mit Monokel" aria-label="Emoji: Gesicht mit Monokel">

Profit down slightly due to
Rebranding UK arm (from A-Plant)https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏘️" title="Häuser" aria-label="Emoji: Häuser">
Month of lost revenue to Covid

Earnings per share however grew 3.2% to 179.8p

Balance Sheet
Asset driven balance sheet - all £2bn of their machinery counted as assetshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🚛" title="Sattelschlepper" aria-label="Emoji: Sattelschlepper">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏗️" title="Gebäude im Bau" aria-label="Emoji: Gebäude im Bau">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚜" title="Traktor" aria-label="Emoji: Traktor">

Debt increased to support the asset purchaseshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="💳" title="Kreditkarte" aria-label="Emoji: Kreditkarte">

Cash position is MUCH stronger up £225m (from £12m 2019) https://abs.twimg.com/emoji/v2/... draggable="false" alt="💵" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">

Cash View
The group generated nearly £1bn in cash from operationshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="😮" title="Gesicht mit offenem Mund" aria-label="Emoji: Gesicht mit offenem Mund">

Large values spent on investment in machinery to generate revenuehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="💵" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="💵" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="💵" title="Banknote mit Dollar-Zeichen" aria-label="Emoji: Banknote mit Dollar-Zeichen">

Also acquisitions of other businesses to grow market sharehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm">

PE & Dividends
P/E Ratio of 17 looks - in keeping with industry so valued around the right level

Dividend Yield - 1.4% HOWEVER Dividend growth is 1.6% this year BUT had been 20% for the 3 years priorhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="😎" title="Lächelndes Gesicht mit Sonnenbrille" aria-label="Emoji: Lächelndes Gesicht mit Sonnenbrille">

UK Dividend King in the making?https://abs.twimg.com/emoji/v2/... draggable="false" alt="👑" title="Krone" aria-label="Emoji: Krone">

Future View

Aggressively pursuing growth strategy purchasing new assets and new businesses

Strength lies in their size as they are on most UK Government supplier listshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="😎" title="Lächelndes Gesicht mit Sonnenbrille" aria-label="Emoji: Lächelndes Gesicht mit Sonnenbrille">

Competitors have struggled during Covid with their main UK competitor closing 7% of their outletshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🥳" title="Partying face" aria-label="Emoji: Partying face">

If you are interested and want invest then you can earn a share worth £100/$100 by simply using the link

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> http://trading212.com/invite/Gbast0Ny ">https://trading212.com/invite/Gb... https://abs.twimg.com/emoji/v2/... draggable="false" alt="👈" title="Rückhand Zeigefinger nach links" aria-label="Emoji: Rückhand Zeigefinger nach links">

Or DM me and I will talk you through the process

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚠️" title="Warnsignal" aria-label="Emoji: Warnsignal">Analysis and Opinions are my own. I am NOT a financial advisor. Please do YOUR OWN researchhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⚠️" title="Warnsignal" aria-label="Emoji: Warnsignal">