Speedy Hire Share Discussion Threads

[tole] 22/12/2021 13:15

A few large prints shown up. Hopefully those two have marked the end of the selling.

[netcurtains] 17/12/2021 17:00

This share is my biggest faller.
Anyone know why its falling so fast?

[rumbers2] 08/12/2021 14:39

Interim Ex-div date tomorrow of .75p so some might be tempted to hold this until Friday morning.

[sphere25] 08/12/2021 13:57

Keep nipping in and out.

Lightening fast on these RNS but it's only a very small director buy.

All imo
DYOR

[american idiot] 23/11/2021 11:04

Sphere,

The sell order was placed bang on 7:50am at the 65p offer.

Was a gift that day. Hope you made good money from it :-)

[sphere25] 22/11/2021 16:33

Well done American Idiot

It's still a tad odd they didn't move their offer back in light of the strong statement, but maybe that line of stock just needed to be cleared quickly.

Normally we don't get a chance to buy an ahead statement without at least some decent mark up (or the price running away very quickly), especially when the price isn't already at a new high or expecting that type of statement.

Still, nice for anyone who got in.

All imo
DYOR

[american idiot] 22/11/2021 16:24

Sphere2517 Nov '21 - 08:42 - 5258 of 5260

Taken some first thing here for a quick opportunity.

There was a seller in size at 65p holding the price back initially, but the market came roaring in and gobbled the shares up there.

..........

That 65p seller was sat on the offer on Level 2 every day for at least a week before H1 results. Incredible - They sold millions at 65p.

I also took a wedge in the opening auction that day.

Very nice day that was indeed.

[sphere25] 22/11/2021 16:16

Hi Tole,

Thanks for the kind words on the other thread :-)

SDY knocking it's head against 70p....AGAIN!

I have lobbed into the spike here. This does the SAME THING nearly every time. It sticks its head over 70p, teases with a break but then sellers come in and hit it back down.

Then you end up with this same battle back at 70p. Normally the sellers win out and it ends up going back into the trading range. The intraday chart shows the price having tested 70p a few times today. It keeps getting pushed back.

The heavy buying that could test the sellers resolve more at these key resistance levels and cause a much sharper move higher is yet to appear.

Will it come?

Lovely one to keep nipping in and out of.

All imo
DYOR

[tole] 19/11/2021 18:00

https://www.fool.co.uk/2021/11/19/heres-a-penny-stock-to-buy-now/

[sphere25] 17/11/2021 08:42

Taken some first thing here for a quick opportunity.

There was a seller in size at 65p holding the price back initially, but the market came roaring in and gobbled the shares up there.

Surprised SDY hasn't rallied more on those results. They are trading ahead, managing supply chains well and confident on the future too, but SDY isn't as fashionable as most shares that end up going rocket ship on alot less.

The price bounces around in a trading range so great for traders (you can almost keep nipping in and out), but still significantly off pre-covid highs so long term folk won't be as happy.

Sellers at 67p prevent the pop higher atm. A move to 70p should be on if 67p gets taken out. That is normally where you get much greater resistance for SDY - chart is symbolic of that.

Probably worth keeping an eye to see how interested the market gets here for any significant push higher. Nice early interest with volume currently at 2.5m. It will likely stay range bound if the interest doesn't come.

All imo
DYOR

[eggbaconandbubble] 17/11/2021 07:50

I haven't been following SDY, but just glimpsed those results....

Why is the share price in the doldrums? The building industry is flat at the mo. Seems odd!

[rumbers2] 01/11/2021 14:51

Speedy Hire has a new chief executive officer, is expanding, has gone green and stands to benefit from Britain's £650bn of spending on infrastructure in the year ahead, so "buy" is the Sunday Times's Sabah Meddings's tip for readers.

Under its new boss, Russell Down, the equipment and tool hire specialist is branching out into selling directly to customers through concessions at B&Qs.

Worth noting, the company's promise is that it can supply its 350 most popular items in under four hours thanks to its 200 depots located across the country.

Its delivery vehicles meanwhile have either gone electric or, in the case of its diesel trucks, use hydrated vegetable oil, which reduces their emissions by 90%.

There is also a growing focus on battery power, solar and hydrogen instead of diesel-powered generators.

The company is not immune to the supply-chain problems plaguing the construction industry having already raised its drivers' pay twice this year.
Nevertheless, the company is growing.

So for Meddings: "despite the pressure, it is in a good position to benefit from the £650 billion of UK infrastructure spending in the years ahead. It is already involved in projects such as Thames Tideway and HS2.

"Liberum has a 90p target share price, while Panmure Gordon has a 113p target. At its current price, Speedy Hire looks undervalued. Buy."

[46maxon] 01/11/2021 14:42

Can you post it!

[chris moja] 01/11/2021 14:22

Todays rise is mainly due to the very positive article in yesterdays ST

[tole] 09/9/2021 07:14

The Group has continued to benefit from the positive momentum experienced at the start of the current financial year and is trading in line with the Board's expectations.Trading remains strong with encouraging activity levels being seen in the market. UK and Ireland core hire revenue for August was c.4% ahead of the corresponding period in FY2020 (which is a more meaningful comparison than FY2021) and c.3% ahead for the year to date. Overheads remain tightly controlled.

[tole] 05/8/2021 18:52

https://www.fool.co.uk/investing/2021/08/05/2-penny-stocks-to-buy-3/A cheap UK penny stock on my radarAnother sub-£1 share I'm thinking of buying is Speedy Hire (LSE: SDY). I don't think its current price of 72p reflects the stock's exciting profits outlook. Today the tool, plant and equipment rental company commands a forward price-to-earnings growth (PEG) ratio of just 0.4.A reading below 1 suggests that a stock could be undervalued by the market. City analysts think annual earnings here will rise 37% this fiscal year (to March 2022) as the construction industry bounces back. I wouldn't just buy Speedy Hire because I think the sector should experience strong and sustained growth beyond the near term, though. I'm encouraged by the rate at which rental giant's winning share from its rivals. It recently signed major contracts with the likes of Network Plus, MWH and Horbury.I'm mindful of the fact that the stock is a highly-cyclical one. As a consequence its recovery could be derailed by the twin impacts of Covid-19 and Brexit on the domestic economy. Still, at current prices I think it could be considered too cheap for me to miss.

[tole] 30/5/2021 14:57

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-begbies-n-brown-circassia-and-more/Speedy Hire (LON:SDY) – a rapid purchaseI fancy these shares for another run upwards. As the lockdowns end, the construction, infrastructure and industrial markets are all queueing up to use the group's tools, equipment and plant hire services.Estimates suggest that £380m of sales (£364m) are possible this year to end-March 2022, with pre-tax profits rising from £20.1m to £28.0m, worth 4.2p in earnings (3.2p) covering a 1.9p dividend (1.4p) per share.Building sector analyst Charlie Campbell at brokers Liberum Capital rates the shares as a 'buy' looking for 90p in due course.Even though they have already achieved my price aim, I would not put anyone off if they are considering adding to holdings at the current 75p per share.

[rumbers2] 25/5/2021 15:46

Nice positive write up in today's Evening Standard:




Liberum raises its price target from 80p to 90p.

[gbh2] 25/5/2021 07:47

Yep, which is why I picked up a few last month.

Being new to sdy I've no idea whether the results are good bad or indifferent, but if my current 7% capital gain holds, I'll hang on to the shares and see how they develop in the run up to the ex divi date.

[derwent4] 24/5/2021 19:48

results tomorrow

[gbh2] 24/5/2021 19:32

Welcome bit of share price movement today :)