Speedy Hire Share Discussion Threads

[boyblue] 04/2/2016 12:43

And me ....

[scottishfield] 04/2/2016 11:36

Added here.

[jas0701] 04/2/2016 11:13

What's going on with this one.

[cestnous] 02/2/2016 12:14

Good :¬)

[blondeamon] 02/2/2016 11:53

Results next week.

This thread is dead for the love of god.

[blondeamon] 22/1/2016 12:04

In at 42p, this is firming nicely. A fund must be buying more.

Keep in Mind, Tosca fund now holds 5% in HSS as well....could it try to merge these again as a major shareholder in both?

Results in 3 weeks.

[blondeamon] 06/1/2016 21:02

1.3m shares bought today, a fund is probably picking up more at these levels.

Only 156m shares are free floating now from the 552m total. Funds holds 69% of the total stock so any positive news and this will fly IMO.

News around Feb 12. DYOR

[leonasdad] 04/1/2016 20:24

blondeamon,
I like reading to your posts, but why do you think the new board have timed their appointments online with an uptake in construction and buildings projects throughout the UK. Main indices across the world are looking grim. The UK is hemorrhaging cash into the EU, UN and our NHS is under immense strain. Nurses and doctors overworked, patients complaining.

The general public are not watching, homes under the hammer, property ladder, diy with Tommy Walsh on mainstream TV. The advertising demand is not there for those type of programmes these few years. All I see on TV is benefit's Britain, Judge Rinder and Jeremy Kyle and War.

If there is demand for small plant hire, Charlie Dimmock and Alan Titchmarsh would have a soft and hard landscaping show.

[blondeamon] 04/1/2016 19:37

Bought today before close, investment case here is very interesting. Tough times for the company but looks like new board is coping well and even though some turmoil will be there for a while long term this looks like a winner.

[rubberbullets] 02/1/2016 14:53

blondeamon 2 Jan'16 - 14:35 - 4815 of 4816 0 0

Could there be a third profit warning before recovery starts to take effect?




indeed indeed

[leonasdad] 02/1/2016 14:45

Immigration is pushing population expansion, urbanization of urban, sub-urban and rural areas. The councils are skint. Too many people getting council tax rebates....There are too many supermarkets, and not enough schools and recreation areas, if I had my time again, i would prefer a mormon education.

Roads & Sewers installation and maintenance should be covered by road tax. Everything is going toward green energy. ICEs are getting more efficient...

Is there a surplus of small plant hire? Gardeners are mowing lawns for £5 (including costs)
___________

Q. Could there be a third profit warning before recovery starts to take effect?
A. Depends how anal market makers are.

[blondeamon] 02/1/2016 14:35

Could there be a third profit warning before recovery starts to take effect?

[hvs] 29/12/2015 13:35

lol !!!!!

lol !!!!!!

LOL!!!!

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

[kemche] 29/12/2015 12:49

50p beckons.

[marcu saurelius] 17/12/2015 12:51

Has this one got a chief executive

[46maxon] 16/12/2015 15:15

That's obvious

[kemche] 16/12/2015 13:31

Interesting volume.....

[strategicinvestor2] 13/12/2015 21:47

Hadn't spotted that , who are the companies building up a stake ?

Consolidation in this sector is common sense, let's see who wins out and who loses.

[aberdare] 09/12/2015 20:45

STATEGICINVESTOR2
IS THAT WHY SOMEONE IS BUILDING A LARGE STAKE 2 COMPANY NOW HAVE 22% BETWEEN THEM

[strategicinvestor2] 09/12/2015 15:54

Speedy need HSS to come to the rescue imho

[it_trader] 03/12/2015 12:28

Speedy now issued RNS, it's a not happening. HSS need Speedy more than Speedy need HSS imo

[rumbers2] 03/12/2015 11:12

Two of the UK's biggest tool and equipment hire groups have abandoned secret talks about a £300m merger after a boardroom bust-up prompted two directors to quit.

Sky News has learnt that HSS and Speedy Hire had been in preliminary discussions about a tie-up until last month.

A deal is understood to have had the backing of a number of the largest shareholders in both companies, which have been hit by a string of profit warnings during the course of this year.

However, two Speedy Hire non-executive directors, Chris Masters and James Morley, are said to have opposed the merger, triggering their exit from the company's board.

Insiders said on Thursday that Speedy Hire was now lining up Bob Contreras, the chief executive of van rental group Northgate, to replace one of the departed directors.

A second new director is also in the process of being recruited.

Mr Masters is understood to have been pushing for the ousting of Speedy Hire's chairman, Jan Astrand, a move which angered boardroom colleagues and some of the company's leading investors.

Sources said they were hopeful that the resolution of boardroom tensions would lead to a revival of the merger discussions, which could generate substantial cost savings.

HSS floated on the stock market earlier this year, with the shares being sold for 210p.

However, a number of profit alerts and the exit of its chief executive has sent its value spiralling downward, despite the fact that it should demonstrate respectable growth figures during this financial year.

On Thursday its shares, the majority of which continue to be held by Exponent Private Equity, were trading at roughly 51p, giving it a market value of just £80m.

Speedy Hire has seen its shares lose more than half their value over the last 12 months, and it now has a market capitalisation of just over £180m.

It has blamed its woes on a range of issues, including a lack of equipment, disruption caused by poor IT systems and a mistaken focus on larger clients at the expense of smaller ones.

Both companies specialise in leasing tools and equipment such as generators, pumps and concrete mixers, and analysts believe there is considerable logic in combining them.

Rothschild and Investec are understood to have been advising Speedy Hire on the early-stage merger talks, with HSBC advising HSS.

Both HSS and Speedy Hire declined to comment.

[opodio] 02/12/2015 14:44

LVD taking off

[cockneyrebel] 27/11/2015 13:01

Martin Hughes' Tosca Fund going over 14%

CR