Speedy Hire Share Discussion Threads

[rumbers2] 04/11/2013 16:58

thanks for the clarification bracke.
Good day today taking us above the 64-66p trading range.

[bracke] 04/11/2013 13:57

dahhad

I can offer very little that is not evident fron finger's chart.

S/R is 65 if that fails next is 60. To the upside 70.

The share price appears to operate S/R at intervals of 5.

Other than that it's still in uptrend.

[dahhad] 04/11/2013 13:34

Out of interest bracke, what would you make of the current chart?

[bracke] 04/11/2013 11:14

fingers/rumbers

Happened to see the 'gap' posts above.

The gap red circled on the chart is over and done with. Once the share price rose and filled the gap it was no longer of consequence. It does not come back into play.

[munchbowl] 04/11/2013 11:05

Uk construction pmi rises to six year high 59.4 in October 58.9 September. May wake things up

[tymedici] 28/10/2013 09:45

Storm damage. 20 years ago, last night's autumn gale would hardly have got a special mention. But we now live in different times and our 24 hour news channels are desperate for..well..news. So don't place too much reliance on a storm windfall (sorry about the pun)and a rush to hire equipment, although any little bit helps. Personally I am now counting off the days to the start of the Santa rally which usually commences after Thanksgiving Day.

[rumbers2] 28/10/2013 08:20

Thanks fingers. I think the crux here might be 12th November when we get the 6 months interim results.

[fingers xxd] 28/10/2013 07:52

Bertie Bee - my previous Post 4492

[boonboon] 28/10/2013 07:51

How many tools will be hired for clean-up operations? Pumps, generators, chain saws, lifting equipment etc?

[bertie bee2] 28/10/2013 07:40

Is there not a possible 'gap tussle' between the gap up to 125 and the gap down to 61?

[rumbers2] 24/10/2013 12:37

Hi fingers, it looks like we are trading in the 64p-66p narrow trading range again as we did for a whole month prior to the release of the trading update on 17th. Im keeping watchful eye on any sells below 64p as you previously mentioned.
I'm interested in your opinion on 'gap fills'. Is there one to fill between 61.5p-60.5p when it gapped down on quarterly results 17th July? How reliable are they? Any guidance most appreciated.

ps.... just as i type under 64p it goes

[rumbers2] 22/10/2013 14:55

Kames added another million to their holding last Thursday -bodes well for your purchase maurillac.
Investoree very well done on your HAYT recommendation. It broke out today with 6p rise. Nicely timed.

[aberdare] 21/10/2013 17:50

Most probably peel hunt is looking to pick some up for themselves after some dull bug gar followed their advice

[maurillac] 21/10/2013 17:08

i hope so because i had a few today for my isa. looks to me like a bit of a bump in the share price is in order, lagging the market lately
m

[cricklewood] 21/10/2013 17:06

I used to work in the building trade and was very impressed by the way SDY had a hire shop on all the big sites for the various contractors to hire their equipment, pretty sure the evening standard was a deramp ?

[rumbers2] 21/10/2013 16:27

as long as we are not too far down the pecking order.

The Evening Standard write up was pretty brutal - aided and abetted by Peel Hunt:

SELL
Speedy Hire
Flog shares in Speedy Hire, Peel Hunt urges. The broker notes the business - which rents out tools - issued a trading statement in line with City expectations but shares are too dear at a 45% premium to Peel's forecasts. Peel gives a 50p price target for shares which are presently 67p.

[munchbowl] 21/10/2013 16:25

Costain do use speedy Balfour Beatty not so much

[aberdare] 21/10/2013 14:58

Rumbers. I think costain use speedy for there equipment so maybe not left out

[cricklewood] 21/10/2013 10:45

It had a sell on londons evening standard business page on Friday.

[investoree] 21/10/2013 10:42

Rumbers apologies for an off target conversation but another company like SDY that will hopefully benefit from the Nucleur plant proliferation is HAYT Hayward Tyler (itself one of the oldest established UK engineering companies) which I have held for many years pre its reverse take-over days. It was previously called NVR Nviro then became SEGR Specialist Energy Group before emerging in its current form. It is currently hovering just below its break-out level which if it goes could bode well for the future. I may ask Fingers if he could assess it from a charting point of view.

[rumbers2] 21/10/2013 09:31

I hope Speedy benefits from the Hinkley Point nucleur plant deal announced today. Its going to be 10 years in construction with £2bn immediately available for pre-construction stage costs. Balfour Beatty and Costain have already been awarded contracts. Speedy so far left out of the frame.
Speedy have actively targeted the nucleur market in recent years (mostly decommissing work) and have good form in this area of expertise. We need a welcome shot in the arm at this time following last week's rather sombre trading update.

[boonboon] 17/10/2013 11:21

aren't they still actively closing stores? This should have no affect on large contracts, but vcould have an effect on small local businesses who would now have to drive further. Costs are likkly to be a lot lower because of this. so imo you shouldn't take revnues in isolation without looking at costs/margin.

Also International operations should soon be self sustaining at these growth levels and it is high margin business.

[rumbers2] 17/10/2013 11:10

im talking revenues, not share price. Sp has been fantastic. Tripled my investment here so more than fantastic.

[doodlebug4] 17/10/2013 11:02

"Floundering" ? Please have a look at the chart above and remind yourself where the share price was July to October last year!