Speedy Hire Share Discussion Threads

[solarno lopez] 14/2/2014 11:04

A very nice double bottom has formed

[46maxon] 07/2/2014 00:12

Speedy Hire Plc Given Buy Rating at Panmure Gordon (SDY)
Posted by Stuart Ham on Feb 6th, 2014 // No Comments

Speedy Hire Plc (LON:SDY)'s stock had its "buy" rating reiterated by analysts at Panmure Gordon in a research report issued to clients and investors on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 88 ($1.45) price objective on the stock. Panmure Gordon's target price suggests a potential upside of 40.80% from the company's current price.
SDY has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a "buy" rating on shares of Speedy Hire Plc in a research note to investors on Tuesday, January 28th. Separately, analysts at Cantor Fitzgerald Europe raised their price target on shares of Speedy Hire Plc from GBX 45 ($0.74) to GBX 58 ($0.95) in a research note to investors on Monday, January 20th. They now have a "sell" rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company's stock. Speedy Hire Plc has an average rating of "Hold" and an average target price of GBX 67.75 ($1.11).
Speedy Hire Plc is a holding company. The Company is engaged in the provision of equipment for hire and sale, and associated services to the construction, infrastructure, industrial and related industries.

[46maxon] 05/2/2014 16:03

The accounting hiccup was spotted, therefore , a mark down. the history of this company has proven track record and has generated good profits. Recent brokers are talking .69., this will get there but not until, the account details are unwound, and my call is up. depends on what your margins are, im in from .22 to .31, have sold, .48 , for cap gain, but have confidence, as i have said before, speedy delivery to many big sites, cover rails, utilities, nuclear, G- public, and more, also seen there advert on contract at old Battersea outfit. if we believe infrastructure, and construction is the glue that hold our economies together, speedy are a good bet for me. im holding a good chunk of these. Recently bought BARC, at two prices, 2.72 and 2.52, as im no different from any one else, i watched them up to 2.97, and look where they are now. it can happen to anyone.
made lots of dosh on BARC, but this time, im listening to talk of 3.25 so, i lose. needs to rise a bit before a sell. " its never wrong take a profit"
My brother in law, trades currency. his key word discipline. when i bought Barclays i lost it. promiesd myself 2.90 but somehow hooked onto 3.25 temp loss of 12K

[rumbers2] 05/2/2014 14:52

I did exactly same last November selling out at 68p-ish. My decision seemed vindicated when the scandal broke and share price plummetted to 49p. I resisted temptation to buy back in and was gobsmacked to see it rise again to 71p. Even brokers were putting out sell recommendations. Unbelievable price action.

Crux for this company i feel is convincing the market that it can turn its increasing turnover into greater profits. It's lagged behind all other competitors in that respect.Let's see if Mark Rogerson can turn this around.

[jamespeach] 05/2/2014 14:17

Hi maxon. I was a holder of SDY with the belief that with a pick up in econimic activity the stock would flourish. However i sold my holding late last year on the back of the accounting scandal story. That now seems to have overlooked judging by the share price. Was this just a minor hiccp? Where do you see this stock heading over the course of this year? thank you

[46maxon] 05/2/2014 13:48

This is waiting to go off like a coiled spring.

[andrewbaker] 29/1/2014 17:08

The November irregularities and the loss of the boss have affected sentiment, but the company is sound and the new boss very capable. This fall back, like November's, is an opportunity to add at a low price, IMHO.

[46maxon] 29/1/2014 09:25

speedy are suppliers to most big builders, utilities, new Batersea operation, and supply
unities/rail/nuclear/general public. They must also be trimming something off the most recent down-pours across UK. when analyst start knocking out valuations it worth taking note.

[tenapen] 24/1/2014 16:14

I hope the closing bell stops this falling through 65p. I am no chartist but 65p looks like a solid floor and to stay above it would be positive.

Results soon :)

[46maxon] 20/1/2014 23:52

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Speedy Hire Plc Given New GBX 58 Price Target at Cantor Fitzgerald Europe (SDY)

Posted by Stephan Byrd on Jan 20th, 2014 // No Comments
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Speedy Hire Plc logoCantor Fitzgerald Europe lifted their price objective on shares of Speedy Hire Plc (LON:SDY) from GBX 45 ($0.74) to GBX 58 ($0.95) in a research note issued on Monday, Stock Ratings Network.com reports. The firm currently has a "sell" rating on the stock. Cantor Fitzgerald Europe's target price would indicate a potential downside of 16.12% from the company's current price.

Speedy Hire Plc (LON:SDY) opened at 69.15 on Monday. Speedy Hire Plc has a 52 week low of GBX 37.00 and a 52 week high of GBX 71.75. The stock's 50-day moving average is GBX 60.89 and its 200-day moving average is GBX 62.26. The company's market cap is £351.3 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a "buy" rating on shares of Speedy Hire Plc in a research note to investors on Friday, January 10th. They now have a GBX 69 ($1.13) price target on the stock. Separately, analysts at Panmure Gordon reiterated a "buy" rating on shares of Speedy Hire Plc in a research note to investors on Monday, January 6th. They now have a GBX 69 ($1.13) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Speedy Hire Plc from GBX 52 ($0.85) to GBX 69 ($1.13) in a research note to investors on Thursday, December 19th. They now have a "buy" rating on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of "Hold" and an average target price of GBX 64.20 ($1.05).

[solarno lopez] 09/1/2014 14:11

The Panmure write up is having a pleasant effect on the price

[aberdare] 09/1/2014 10:21

2 lots of 6 million gone thro this am I wonder were they responible for the drop yesterday

[solarno lopez] 08/1/2014 15:08

Nicely tipped by Panmure Gordon

[tenapen] 07/1/2014 19:05

Solarno,
Call into your local Speedy centre and ask them straight out "how are they doing ?", the answer i always get is very busy. That is not just in the shops but also the delivery men on sites. I have been asking the question since i bought in 10 months ago, which bodes well for the interim results due Mid Feb.

[solarno lopez] 07/1/2014 09:35

I think you are spot on with your writings ALYMOOSH

[alymoosh] 07/1/2014 09:20

As usual the reaction to the accounting issues was exaggerated given the percentage of their accounts affected. We're pretty much back on the original recovery trend since Aug 12.
Construction and infrastructure look to be recovering and Speedy seem to have equipment at every site I see.
I'm looking for a bit more yet.

[solarno lopez] 07/1/2014 09:14

And still no reason for the upward trajectory

[boonboon] 06/1/2014 19:07

i'm in from 29p

[jimee] 06/1/2014 17:59

I bought in @ 36P and stayed in.

[rumbers2] 06/1/2014 16:21

49-69p amazing... i'm totally miffed i didnt buy into it. Judging by the quietness of this thread, neither did anybody else