Speedy Hire Share Discussion Threads

[someuwin] 21/8/2014 07:35

Breaking above 60p now.

[cockneyrebel] 19/8/2014 19:41

Half the press comments are feeds from brokers - if they have a long to fill them put out a sell story and vice versa.

How many times do you see bid rumours re M&S right after they warn? Just a ploy to help large holders ell out imo.

Trust nobody imo.

CR

[46maxon] 19/8/2014 17:58

looking through all analyst notes recently, and the average up to £1
The games people play

[bertie bee2] 19/8/2014 12:52

Don't you just love it when you read a 'sell' note in the FT weekend edition and watch it go up 10% in a day? Almost inevitable. I use the investors chronicle pages like I do Andrex.

[sportbilly1976] 19/8/2014 11:56

bounced off the 50dma at 54p and now set to test the 200dma at 60/61p. MACD just nudging into positive territory though, so a chance of breaking through.

[someuwin] 19/8/2014 09:32

Yup - chart looks very good.

[sportbilly1976] 19/8/2014 08:53

60p to go would lead imo to a swift-ish move back to 80p.

Not so much a bowl, more of a highball glass :)

[cockneyrebel] 19/8/2014 08:16

Builders doing well.

Chart turning up?

[american idiot] 16/7/2014 06:45

International only a small % of overall revenues though.

Stonkingly good 15.7% revenue increase year on year for the group as a whole.

With the shareprice close to year lows this surely has room to bounce.

[bertie bee2] 16/7/2014 06:05

Positive update on the UK market, though the performance of the international division is rather glossed over but clearly loss making.

[rogue trader3] 01/7/2014 08:33

I've bought in here this morning, bounced off a good support area. I'll look to add on more strength.

[noelypoley] 27/6/2014 19:27

i am in the building trade and we are as busy as pre recession, everyone i speak to is busy, i am all in on this!!! Got to recover and hopefully improve greatly with the international division as well. Last quarter was showing a good improvement, so we should have a full 12 months of good figures.
Sell that shirt on ye back and get buying!!!

[rumbers2] 27/6/2014 13:05

I'm back in after several months on the sidelines with a purchase last thing yesterday at 51.18p and another this morning. Management staying very quiet until AGM i guess but i'm confident theyve turned the good ship Speedy around and we are now back on course.

[jas0701] 23/6/2014 19:39

Are those big trades buy or sells?
What's going on with this company?
is it a buy at this price?
why is this board so quite?

[noelypoley] 18/6/2014 21:16

I am a long term holder, piled in at 23p and stuck with it, i am in the building trade and we and everyone i speak to is very busy. The last quarter of the results was good for speedy so next results should hopefully see a good 12 month performance. Just hope they get the international division sorted and then we will be set for solid growth. They have improved from all the losses from a few years ago, so moving in the rite direction.

[2wildthing] 18/6/2014 14:19

Great to here some positives, I've been a little worried about all the publicity about the housing bubble, but I guess in the end lots of new houses will need to be built and thus speedy should prosper, I bought mine when they where cheap and intend to hold long term.....

[rumbers2] 18/6/2014 10:20

Similar path to you Andrew. Completely out just before the irregularities scandel, had a couple of 25k quick in/outs since then. Also looking to buy again but a little less confident than you about the new management at this early stage. Perhaps i was expecting a little more dynamism.I too will see how this develops before buying.

There have been no anouncements re.new contract wins for some time now. In this bouyant climate you'd expect those to be flowing thick and fast.

[andrewbaker] 18/6/2014 07:49

The thread's not so busy now, but don't ignore an undervalued share. I've bought and sold many different stocks and shares, but always maintained a position in Speedy over the last several years. My holding is low right now, having taken profits a while back before it tanked on the foreign business bad news, but I'm getting ready to buy again: just waiting for my criteria to be met. (It's probably a good buy now, but I'm waiting for a tick-up in price to confirm.)

The business is in a growth area, the management is good, and all-round it's a solid share, IMHO.

[hippo] 13/5/2014 15:47

Well bought a few this morning. UK showing good signs, not bad divi in the circumstances and told the ceo has been visiting local branches explaining how undervalued the business is on a likely turnaround.

[bigman] 10/5/2014 16:02

I think this has further to fall and only held up by closing of short positions to release profits on their short positions....that is what hedge funds do

[46maxon] 02/4/2014 18:36

Mortimer, do you have a conclusion to you info.
Did you see my comment on Toscca 4678, that's a doubling of their holding in 3 months.

[mortimer7] 02/4/2014 09:13

Todays Short tracker disclosures just issued : Henderson Alternative Investment Advisor Ltd further reduction of their short position, now down to 0.55%.

[mortimer7] 24/3/2014 08:56

Latest Short tracker disclosures just issued : 19Mar, Henderson Alternative Investment Advisor Ltd reduced their short position to 0.73% from 0.86%

[rumbers2] 21/3/2014 11:49

..ooooops!....strong words from CF:
Speedy Hire's (LON:SDY) latest plunge is not the end of its share price woes, according to City firm Cantor Fitzgerald.

The equipment hire services group's shares were hastily offloaded on Tuesday after it warned that losses in the Middle Eastern business will be greater than anticipated, hitting its profits. That triggered a 20% fall from the stock price.
But Cantor heaped more misery on the group today as it cut its 12-month target price by 7p to 51p, causing Speedy Hire's share price to fall another 4% to 61p.

The profit warning came as a surprise to the broker so soon after it suggested that annual profits would be in line with market expectations.

On its revised numbers, the shares are trading on a high price-to-earnings ratio of 19.9 times, "which we believe is too generous given the current difficulties faced by the group".

"We struggle to understand why the issues flagged on the UK division on Wednesday were not disclosed earlier," said a rather irritated-sounding Caroline de La Soujeole, who repeated her 'sell' rating.

She pointed out that its rivals, such as Ashtead (LON:AHT), are performing well in the UK unlike Speedy Hire

[46maxon] 21/3/2014 10:35

Fill your boots, Tosca mid cap fund 26th December 2013. 26 and one half million, now 50 and one half million.