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SDY Speedy Hire Plc

27.50
0.30 (1.10%)
02 May 2024 - Closed
Delayed by 15 minutes
Speedy Hire Investors - SDY

Speedy Hire Investors - SDY

Share Name Share Symbol Market Stock Type
Speedy Hire Plc SDY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.30 1.10% 27.50 16:15:13
Open Price Low Price High Price Close Price Previous Close
27.85 27.15 27.85 27.50 27.20
more quote information »
Industry Sector
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Top Posts
Posted at 20/2/2024 15:06 by clocktower
Maybe I am missing out but is the stock improving because there is a sense of growing confidence in the building industry as we head into Spring. Additionally the government needs to show its building more homes, so even with an election looming(which usually causes a weariness) is there going to be sudden surge, as inflation subsides and the feel good factor kicks in.

Are investors starting to switch from cash to possible recovery stocks?
Posted at 30/1/2024 23:17 by babbler
https://www.dailymail.co.uk/money/markets/article-13024635/MARKET-REPORT-Profit-warning-hammers-shares-Speedy-Hire.html?ns_mchannel=rss&ns_campaign=1490&ito=1490While investors appeared concerned by the latest update, some in the City remained optimistic.'Although disappointing, this is due to events beyond Speedy Hire's immediate control,' said Peel Hunt's Andrew Nussey.And analysts at Liberum said that while 'sentiment will no doubt be adversely affected by today's update' the company has shown it has 'levers for growth'.
Posted at 10/10/2023 16:02 by rumbers2
WHAT DO ANALYSTS THINK?

Andrew Nussey, analyst at Peel Hunt, commented: ‘Speedy remains on the front foot, maintaining strategic and operational discipline to deliver its growth targets. Investors should be reassured by this statement.’

Meanwhile, the acquisition of GPH ‘looks well timed and enhances the firm’s leading ESG credentials’, added Nussey.

Charlie Campbell at Liberum said the trading update should reassure nervous investors, while widening the range of sustainable equipment with the GPH deal ‘should be successful as this will appeal to major contractors, especially when working for public projects.’
Posted at 10/10/2023 12:15 by tenapen
I meant X3 clean tech deals

1; AFC (hydrogen fuel cell)
2; Nifty lifts (electric hydrogen)
3; Green power hire T/O

Sorry for any confusion

---
Commenting on the acquisition, Dan Evans, Chief Executive, said:



"The acquisition of Green Power Hire is further evidence of our Velocity strategy in action, strengthening our market leadership in combining product innovation and sustainability, and positioning Speedy well in a high growth segment of the market.



"Alongside investments such as our partnership with Niftylift and our proposed JV with AFC Energy, the acquisition progresses the sustainable and technological evolution of the sectors we operate in, supports our ambitious plan to become a net zero business by 2040 and will deliver long term benefits to our customers, our people and our investors."
Posted at 28/6/2023 20:55 by smithie6
..some good analysis by Roland Head imo including some good long term graphs

however

he contradicts himself perhaps
...he criticises the divi as too high & infers/says the co. can not afford it but then goes on to say it is half of the expected eps, ie. that it is affordable !

He gives no discussion or comment on the high gross profit (before depreciation), I could argue that is a weakness/fault of the analysis.

(I think his depreciation comment is wrong, because not all of the depreciation number comes from hire equipment as he states; about 1/2 of the total for depreciation comes from hire equipment, so it is expected to last for closer to 6 years rather than the 3 years that Roland Head gives. The other half of the depreciation comes from things like leases & buildings I think. For depreciation on leases & is it accounting std. IFRS16, my brain starts glazing over).

But each to their own. Each investor has their own preferences when picking where to invest.

-----

He is right to show in a useful chart that VP. has done better than Speedy over the last X years.
But any investor has to decide if that difference will continue or whether it is phps over done at this instant & Speedy is now in a catch up phase.
Posted at 28/6/2023 19:43 by smithie6
depends on what one wants as a high quality business.

Could it be a new Next, Sage, Apple, Amazon ?
obviously not.

(although Aggreko is in the same old boring hire sector & I assume it made its investors rich from its growth)

but as an under priced hire sector share I think it ticks a number of boxes.

One can buy expensive shares like Tesla, Ocado, Deliveroo etc at a high p/e....or Speedy at a low p/e. Each person to their own preference.

(the charts show that buying shares at a high p/e can often cost an investor a lot of money !)
Posted at 23/6/2023 13:14 by sleepy
AI - thank you. Would have preferred such information to be easily available to investors
Posted at 23/6/2023 11:35 by american idiot
Sleepy....

Give IR a call / email...

I'm sure they will be more than happy to answer your questions :)

SPEEDY HIRE PLC
Registered office
Chase House
16 The Parks
Newton-le-Willows
Merseyside
WA12 0JQ

Telephone 01942 720000
Facsimile 01942 402870
Email investor.relations@speedyservices.com
Website www.speedyservices.com/investors
Posted at 22/6/2023 14:46 by american idiot
I do see your point Smithie6 :-)

Incompetence / bad (or non existent) record keeping...Its very poor.

Speedy have re-assured investors that matters have been dealt with...We have to take that on trust I guess.
Posted at 06/4/2023 06:22 by shaker45
I guess in these volatile markets potential investors sit on the sidelines waiting for the next shake out. No reason to buy now... Wait and see.
Interesting sector though

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