Speedy Hire Share Discussion Threads

[firtashia] 31/10/2017 19:29

There was an attempted breakout at exactly this time last year, in the run up to the half yearly report in mid November, which carried on after the results. Let's hope this is a repeat.

[derwent4] 31/10/2017 17:02

Any thoughts on the rise anyone

[rounder2] 20/10/2017 14:15

ToscaFund are far more likely to continue to try to push down the share price of HSS ( of which they now own approaching 28%)than they are SDY . The lower the price ( and market cap ) of HSS the stronger they feel their case will become to try to " steer " SDY into some kind of Purchase / Merger . Just my opinion .

[derwent4] 20/10/2017 13:58

in my opinion. this is being manipulated possibly by tosca who will probably get their own way

[rounder2] 20/10/2017 13:12

Ashtead said " small bolt on's and organic growth " a couple of years ago , as opposed to " transformational deals " . That was when Ashtead was much smaller than they are now with a market cap of roughly 50% of what it is today . Times change and the opportunity to buy an organised market leading competitor outright has its appeal .

[stu1210] 20/10/2017 12:48

I would be very surprised to see a bid from Ashtead it's not how they are looking to grow the business.

[derwent4] 20/10/2017 09:02

something obviously wrong here soon into the 40s so back where we were 12 months ago think the 6 Mil was a delayed sell we are heavily involved with carrillion and intreserve so not looking good

[noelypoley] 16/10/2017 19:47

The 6 million is a buy? Is it not?

[rounder2] 16/10/2017 17:22

Lol . WTF with the late reported , cancelled trades , uncrossing and auction .
6 million after the bell !!! MM's are loving this one . Still nevertheless I DO think that someone is dumping shares ( or could it simply be MM's " re-balancing ? " )

It is my considered opinion that the only way is up however and a " re-rating " is imminent , that's assuming SDY steers well clear of any " hook up " with HSS .

[derwent4] 16/10/2017 15:19

I think they av said they won't be sffected by Brexit they also said they had contracts with carrillion for about 45 mill over 3 years wonder if they will get paid

[american idiot] 16/10/2017 14:45

Probably this :-

September



UK construction growth hits one-year low, as Korean tensions hit markets - as it happened

Then this is October :-



UK construction suffers shock contraction; IMF warns on household debt – as it happened

[derwent4] 16/10/2017 14:38

why all the sells is it something to do with carrillion and intreserve or could it be they are soon to snnounce intrrims and increased dividend payments

[rounder2] 14/10/2017 02:23

Late ( L ) reported trade ? Who knows , Monday ? Confirmed purchase , yesterday ( Friday )

[derwent4] 13/10/2017 19:56

when's it going through

[rounder2] 13/10/2017 16:15

Buys and Sells tend to be improperly posted ( especially on illiquid small cap stocks ) . The 1million due to go through @ 51.77 is definitely a BUY :)

[derwent4] 03/10/2017 17:15

yes numbers a lot of activity but r they buys or sells

[rumbers2] 03/10/2017 15:44

A lot of volume going through at moment so something is afoot. I'm mildly confident share price will finally break free of 51p support where it's been bound since Dec.2016.
If so next destination 57p.

[merrimac] 19/9/2017 07:38

Seems to be a good update....

[derwent4] 12/9/2017 21:07

could be an upturn soon nice 5000000 buy after time tonight

[my retirement fund] 31/8/2017 08:15

Whilst you've got those idiots with a 20% holding telling Speedy to merge with the decrepit HSS then it inevitable that Speedy shares carry material risk.I see 45p

[rumbers2] 30/8/2017 10:28

Speedy Hire could make an opportunistic bid for HSS, analyst suggests

Neil Wilson, senior market analyst at ETX Capital said while Steve Ashmore (HSS Hire Chief Executive) is trying to turnaround the business, conditions remain challenging and investors are losing patience.

The analyst added that perhaps it may be time to revive talks for a merger with Speedy Hire, which has made a recovery following a troubled few years with pre-tax profit of £14.4mln last year on a 12% increase in revenues.

In its latest trading update Speedy said full-year results would be well ahead the previous year.

“Diverging fortunes could bring the two together after a failed attempt back in 2015,” said Wilson. “An opportunistic bid could work, particularly with the market cap of HSS temptingly low.”

[davr0s] 30/8/2017 08:16

Market doesn't currently see it that way - share price lost all momentum this year that was shown at end of 2016. I'm out today on support break

[rumbers2] 30/8/2017 07:59

With a feeble set of results released from HSS Hire today, and Carillion facing financial ruin for cooking its books over many years, Speedy is now beginning to look like the fittest and most respected outfit on the block.

[rumbers2] 22/7/2017 15:44

Anybody's guess derwent. Some think the equity is close to being worthless.If shorters batter this down to new lows plans for any RI will be dead-in-the-water as the number of new shares issued will have to be astronomical.
If the company goes to the wall and into administration there might be rich pickings to be had mopping up contracts from the fallout. But I'm not sure how that procedure works in practice.