Speedy Hire Share Discussion Threads

[derwent4] 12/2/2020 18:43

great news for us hs2 gonna make us fly soon waiting for update in March can see more than a quid also looking at hss now I know one of their reps they are doing really well give us your thoughts rumbers

[derwent4] 28/1/2020 09:03

someone putting in a very large stake here price gone up very quickly could there be a buy out think we will find out very shortly

[henwii] 22/1/2020 19:27

Good evening all. The recent breakout here has put this on my watch list. Are any of you able to direct me towards any negative points in order to temper my current enthusiasm? Looks almost too good to be true. I see there is a relatively high amount of debt which seems to be on the rise last year £69.4m this year £89.4m can anyone explain the reason for this?

[derwent4] 21/1/2020 19:39

liberum reiterates buy at 86p 3000000 nearly all took up

[derwent4] 16/1/2020 17:09

another great trading day 70% buys allowing new money coming in also full roll out nationwide deliveries great news especially for deals with sme s a quid on finals very exciting

[derwent4] 15/1/2020 20:24

buys far outweigh sells today 3000000 extrs share now priced in onwards and upwards from here stick with it very difficult to be in and out as I have previously said

[46maxon] 10/1/2020 16:26

Only last Friday in investors chronicle p22 they were a Company mention as top tip for 2020. At the time I believe 74-5, and having held these for too long, I’m now enjoying the rise. Perhaps £1.10 within 6 months.

[rumbers2] 10/1/2020 12:12

We are in uncharted territory so anybody's guess. My only comment is we have risen from 45p to fleetingly touch 81p yesterday. As i believe in 6p support/resistance levels my theory seems to have played out well. The share price bounced off 45p last August and rocketed through 51p, 57p (a real toughnut to crack), 63p,69p,75p before faltering and recoiling from 81p back to 77p now.
That's some performance smashing through six barriers. I think some retrace is overdue but that's only my own personal opinion and may be wrong. I took 20% of my holding off the table at 75p and was wrong. This morning i sold another 20% at 79p but could be wrong on that too. Good luck derwent whatever you decide.

[derwent4] 09/1/2020 20:33

pay day tomorrow any thoughts rumbers sphere

[ih_215233] 24/12/2019 21:32

derwent4 dump it and get on opti earn some proper money :)

[derwent4] 13/12/2019 21:42

gone quite quick rumbers hope liberum have got it right 80p good to see panmure involved and directors buying seems all positive also a good day for one of my others Lloyd's getting some useful division out of these two good luck all

[rumbers2] 02/12/2019 12:44

Inching slowly but surely towards 70p Derwent.Ex divi at close this Thursday so all looking good. I expect a wobble between Friday and General Election next Thursday but who knows? Goldman Sachs suggesting that overseas money will pile into British mid and smaller cap companies if Boris gets his majority. All to play for here.

[ny boy] 16/11/2019 20:38

Looking at these, have put them on my monitor. Meanwhile happy with FOXT, STX,PHC, AOR & ITX

[derwent4] 15/11/2019 19:01

hi numbers sharesoc sphere set to improve in second half brilliant first half directors buying good coverage in media where do you think the price can go hopefully a quid

[derwent4] 08/10/2019 15:35

don't know I have been a bit disillusioned lately but encouraged by the recent statement especially full year results to be significantly higher very dangerous to be in and out here so holding for better times come in here 3 years ago at 48p so not down and received the division hopefully gonna make some money I have just over 120000 sharesoc

[rumbers2] 08/10/2019 15:20

sp recovering a little now derwent. Will 51p act as support in the choppy few weeks to come?

[derwent4] 08/10/2019 15:05

Google sharesoc sdyhire

[rumbers2] 08/10/2019 14:54

Do any of us get an invitation to join?

[sharesoc] 08/10/2019 14:42

The presentation from Speedy Hire delivered at the Birmingham Seminar on 1st October is now available in our members area:

[sphere25] 04/10/2019 09:15

Tools and equipment rental company Speedy Hire (SDY) is on track to grow profits despite tougher market conditions, says Liberum.Analyst Charlie Campbell retained his 'buy' recommendation and target price of 77p on the stock after the first-half trading update showing management 'confident of hitting full year numbers, and growing profits this year, in spite of an uncertain market and tough comparisons'.He said underlying revenues had 'proved resilient' and 'increased asset utilisation is being achieved through enhanced management information'.'This in connection with overhead discipline should drive improving returns,' said Campbell.

[sphere25] 03/10/2019 13:03

Yes I booked the profits at 97-98. Didn't get the highs. Some beat me to the punch earlier in the week by booking around 99. I thought there was a chance it goes through £1, but then fear has popped into the wider markets with the heavy selling and a call had to be made so I played it safe and sold.

It could come flying back and they could upgrade their forecasts so it does ultimately go through a £1, but we all have our risk tolerances and I won't fight the selling in wider markets where we have seen algorithms go nuts and you wake up to chaos in the morning.

It's a new age, the age of the machines! Have to be extra careful. Capital preservation rules the roost.

[rumbers2] 03/10/2019 12:31

Thanks sphere. I am holding but watching like a hawk to see how Brexit plays out in the next fortnight. Still convinced it's a game of brinkmanship with a deal struck at last moment. Even with that resolved there's America with Donald impeachment and impending recession. High dice game.What a minefield!

Great call on LUCE by the way. Did you manage to bank your profit before the fall today?

[sphere25] 03/10/2019 12:00

It's ultimately always your call. Find out what works for you and when you find a strategy that works, just keep doing it. You only need to do one thing over and over to beat the markets - rinse and repeat. If you're never sure about something, book half the profit - that's what I do.

I'd be very careful in this market though. I have warned folk about the doom and gloom to come and adopted a very bearish stance stating that a barrage of profit warnings were to follow. We have seen this in recent weeks and it's only just the start.

You have to be so selective in this market because even stocks that are trading in line with expectations are getting clobbered. Not easy to trade this market on the long side at all.

Unfortunately, the political elite have played a flawless game in ensuring that the economy goes down the pan. The services sector print today only confirms matters.

The US is sliding too, and even though the fallback continues to be the consumer, the consumer can only tolerate so many negative headlines about manufacturing contraction and trade wars.

The game changers are a US-China trade deal and a Brexit deal. At that point, I'd go long with much more conviction, but when those happens is anyone's guess. These are all self-harm issues which should have been resolved - it actually boggles the mind we are still here having to deal with it. It's almost like they purposefully wanted it to drag on this long - paranoia or financial agendas! One for another time.

Ultimately, too much time has lapsed now, the damage has been done and thus the barrage of profit warnings will continue in the near term. In the short term the likes of SDY are doing ok, but how long before it feeds through? That's the pivotal question you need to ask yourself.

You have to hope (yes...hope!) that there are some substantial positive developments on the major outstanding issues in the very near term or it's going to be difficult for even the stronger performers.