Speedy Hire Share Discussion Threads

[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

[solarno lopez] 06/1/2014 15:19

50p to 70p and still nobody is spilling the beans on this one mmmm!!

[solarno lopez] 06/1/2014 12:44

No idea but has been moving up strongly since the middle of the month

[aberdare] 06/1/2014 10:29

A friend of mine indicated he has read that speedy was in the times as one of there tips of 2014. can anyone confirm this.

rgds

[boonboon] 06/1/2014 10:23

as if the accounting issue never existed. I'm glad I continued to hold.

[46maxon] 19/12/2013 18:20

Noted Ishbel moving to non executive at Galliford TRY in 2014

[46maxon] 19/12/2013 18:18

brght another 30k @ .51 for pension. too much infrastructure going on , with macro economics looking positive.

[rumbers2] 19/12/2013 12:48

Has anybody here actually had the nerve to profit from this staggering rise we've seen from 49p -59p? Unbelievable this should rise so much AND on such flimsy volumes most days.

[rumbers2] 17/12/2013 16:19

L2 is looking so bullish and the sells are triggering rises but i just dont trust it enough to jump back in

[inntolife] 09/12/2013 16:47

Nice one glad you made a few bob, as you know I no longer trade and take my hat off to those that have the hair and the finger nails left to do so :)

[rumbers2] 09/12/2013 15:29

I did enjoy a nice brief bounce actually. Splashed out on 100k with several purchases last Thursday and Friday (average 52.5p) held out over the weekend (brave!)and sold this morning average 55p. Was intending to hold out until it reached the 200MA at 56.75p but it was abundantly clear it didnt have the strength to get there.

I dont think we'll hear any conclusions to investigation before Xmas. Appointing someone like Andy Wright as CEO in the meantime might evoke a positive reaction. Nothing escapes him. A good chap to take the rudder at this difficult time.
The FT ran article few days ago saying Speedy is not alone among the small caps getting fleeced in the middle east!

[inntolife] 09/12/2013 15:11

Hello Rumbers2 hope you haven't been caught in the dead cat bounce that went on this morning....to much risk here for me, glad I'm out will keep watch until we know the result of the why's and wherefores I will still be watching DYOR etc etc

[woodcutter] 05/12/2013 15:02

As the CEO has gone it seems plausible that he may have been complicit with the international business directors, perhaps he was knowledgeable of the events or had given tacit approval without fully understanding the implications.

Does seem odd the FD hasn't gone, i guess the CEO could have sanctioned something without the FDs knowledge or worse still approved something against the FDs wishes.

Easy to be convinced that the earnings would look better with no cash implications with a few bits of accounting magic.

Anyway it's on my watch list, need to see exactly how big the hole is before making a commitment. The longer it takes to arrive at a conclusion the more the share price will most likely drift.

The biggest problem is the distraction it causes to the operational managements running of the business. These things always take more time than you think to resolve.

Woody

[rumbers2] 04/12/2013 15:02

Even though there was an avalanche of sells last Friday it looks like all the 26 million shares unloaded by Blackrock were snapped up by Toscafund.

[kristini2] 04/12/2013 12:43

not much support here, fancy this will be below 40p very soon

[hatter2] 02/12/2013 05:57

I did think about buying on Friday but just kept thinking "falling knife syndrome"; could there be more bad news to come out?