Speedy Hire Share Discussion Threads

[bmcollins] 27/11/2024 16:28

You are all aware that there was an investors presentation onlie todat weren't you ?

[master rsi] 27/11/2024 16:01

The MACD has just gone into Bullish territory on moving over "0" and Divergence

Big Charts..

[master rsi] 27/11/2024 13:57

30.30p +1.55p

Broke the 30p with flying colours
The last AT was 30.50p and showed on the Intraday chart
spread 30.10 v 30.50p

[master rsi] 27/11/2024 13:12

29.70p +0.95p

The stock is looking for 30p today

[freedomexpress747] 25/11/2024 16:38

I have been waiting and now bought in, as an interesting segment (have held Ashtead on and off)... previously too expensive. Results not great, but happy to wait a year or so.

[sidam] 25/11/2024 15:18

The joint brokers have also published with higher target prices 60 x 70p based on similar estimates. If I had not just bought more and did not have a full unit, I would have bought more.

[bmcollins] 25/11/2024 14:50

@tenapen
I hope like you, but ralistically todays equity development review is surely little more than a puff to try to raise the share price after the results which showed eps loss, debt up from last time and an unchanged divi being apparently being paid from borrowings...?

[tenapen] 25/11/2024 14:16

Here's hoping.

[edmonda] 25/11/2024 12:51

"Positive start to important H2 trading period"

Market conditions have been challenging but Speedy has delivered resilient metrics in H125 trading and is investing for growth. All eyes now turn to an expected acceleration of revenue and profit growth in H2 with visible drivers for doing so. The recent share price performance suggests some investor scepticism that this will be achieved, but a c.11% NAV discount and 9.2% prospective dividend yield also catch the eye ahead of further newsflow.

Link to latest research report (freely accessible):

[halfpenny] 21/11/2024 15:32

Risk increasing as outlook poor.

25p then 20p to be tested...Too Risky at these levels!!

[smithie6] 21/11/2024 13:05

je je

28p to 40p then back to ~28p

all in the same calendar year !
======

For me, poor performance by the dirs.
Debt is markedly up, increasing the risk factor for the shares imo.
Reported an eps loss for H1.
Results, not what the mkt wants to see.

[riley109] 21/11/2024 12:36

Speedy Zholdas "another fine mess you've got me into Speedy" at least this one's a bit nearer home than Abu Dhabi.

[chriss911911] 21/11/2024 10:28

They manage even worse, negative free cash flow borrowing money to pay dividends, incoming dividend cut, which will kill the price and way to early to call the corner having been turned, better to wait for summer of 2025 and pay half the price.

[sidam] 21/11/2024 09:38

Full year expectations unchanged. Virtually a 10% yield. I don’t see much downside from here and am likely to buy more.

[halfpenny] 21/11/2024 09:10

How much lower will they fall??

[fenners66] 21/11/2024 08:59

Lol

"Disciplined cost management, with savings realised from our operational and management restructuring in the last financial year,"

"an increase in underlying overheads, primarily the result of our investment in our people (£2.7m)."

I bet they don't see the irony in these statements.
"Underlying " Profits are down
They LOST £2.2m
whilst the CEO claps the board on the back and trumpets their disciplined cost management !

Guess they are learning from politicians - say one thing , do the opposite.

[diku] 21/11/2024 08:34

How many other price charts look similar to SDY...mountain reversal from highs of 2024...markets are in broken mode...and US markets all time highs lead by mag 7...

[fenners66] 21/11/2024 08:26

Just noticed , I was a bit negative on this one....

fenners66 - 17 Oct 2024 - 16:14:39 - 5918 of 5936
Debt not the only thing rising...

"resulted in a higher interest cost in the first half."

"joint venture in Kazakhstan has performed below expectations" that's fact as they see it
the "timing" and second half opportunities is just platitudes at this stage.

So another potential failure to deliver...

[fenners66] 21/11/2024 08:24

Speedy Hire , never fails ...... to let investors down.

[parob] 21/11/2024 08:13

Over £20M increase in debt.

[jubberjim] 21/11/2024 07:31

Can't quite make up my mind as to whether this is yet another banana skin

Methinks it is but will let the general market decide.


As always promises and more promises that things will improve in second half.

This jurist is out and remains so

Good luck investors

[lorse] 14/11/2024 11:59

clocktower - they seem to be similar to Investor Meet, and equally useful.

[bmcollins] 13/11/2024 16:05

I think these look a good bet under 30p, one might have to be patient but we are paid to wait and they are in an industry which is likely to see demand, even if not as swiftly as we were hoping pre budget.

I bought some this afternoon at just under 30p after expenses.