Speedy Hire Share Discussion Threads

[rumbers2] 15/12/2022 08:18

The share buyback scheme is coming close to the 10% limit (52,831,110 Shares)agreed in January.

528,311,100 (TOTAL NO. SHARES JAN '22)
-52,831,110
----------------
475,479,990
----------------

Following yesterday's buyback there were 477,464,033 shares remaining.
So only another 1,984,043 shares to go by my reckoning.

[1derwent] 14/12/2022 17:07

More good news rumbers

[rumbers2] 07/12/2022 09:29

You have to buy day before it goes ex-dividend to qualify

Ex-div date 08 Dec 2022 (Thu)
Pay date 20 Jan 2023 (Fri)

[2pigshit] 07/12/2022 09:16

Ex divi 9th I think

[rumbers2] 07/12/2022 08:50

A dire start to the day. Is anybody left out there with any stuffing who still wants to invest here?
As an optimist i can only surmise this dip is being orchestrated because it goes ex-dividend tomorrow.

[1derwent] 25/11/2022 16:54

My thoughts buybacks good 4 maintaining divi let's wait and see where we are after ex divi date early december but sdy are in trading profi despite the climate just need to get debt down again why this ain't double this price is beyond me here's hoping d

[rumbers2] 25/11/2022 15:38

Clear as mud derwent. Big exchanges going on with nearly 4 million shares traded today alone. I think Speedy mopping up half a million shares each day sub 40p (like yesterday)is a good move. But very few here seem to agree. If we get costs back under control with an share price trading at 60p by next Spring- these purchases will be viewed as a wise move indeed. Your thoughts?

[1derwent] 24/11/2022 18:13

Wots going on here rumbers

[rumbers2] 18/11/2022 10:27

..and that's exactly what the CFO Paul Raynor did today ..purchasing 50,000 shares. Will Dan Evans remain the odd man out?

[rumbers2] 16/11/2022 16:21

Good stuff. Now we need the new CO and CFO to dig deep into their pockets in a show of solidarity.

[1derwent] 16/11/2022 15:59

Shearer just bought 150000

[rumbers2] 16/11/2022 15:15

Aberforth giving a vote of confidence increasing its holding by over 9 million shares today (28,926,522 total)

[rumbers2] 16/11/2022 13:08

I think the jury is out to see if these two stand-in COs' cut the mustard. Shearer needs to ensure costs/debt balloon doesn't go out of control this year.

The best scenario would be we've now past the peak of the cost of living crisis and outgoings shrink rapidly with no new splurging on equipment. The worst scenario is a profit warning come Jan/Feb saying full year results will fall below expectations.

[1derwent] 16/11/2022 12:32

A nice institutional buy yesterday

[1derwent] 15/11/2022 16:09

Considering the state of the economy these are not bad results i expected a small drop today after the recent rise and an increase in divi I think it bodes well for the future anybody want to add thoughts

[blackhorse23] 15/11/2022 10:08

Best Black Friday deal at CURY (LSE) https://www.eurogamer.net/early-currys-black-friday-deals-2022

[blackhorse23] 15/11/2022 10:08

bought some CURY (LSE)

[smithie6] 12/11/2022 20:07

wow

the CFO RNS in late Oct.

that the CFO was to depart just ~4 days later !!!!!!

[1derwent] 11/11/2022 15:30

Seems like good news around the corner perhaps a buyout of another company maybe hss

[rumbers2] 11/11/2022 10:33

I'd be unhappy to see debt exceed 100 million which hasn't happened in recent years.They even got the debt down to 60 million but a recent spending splurge on new equipment seems to have pushed it back up again.
Traditionally it was always HSS Hire with the bad management and debt and pray it will always stay that way.

[1derwent] 11/11/2022 10:22

The budget is on the 17th need triple lock the interims on the 15th so budget wont get in the way

[rumbers2] 11/11/2022 10:19

Hope you're right wally!
Am looking for an increased interim divi payable in January (0.80p maybe), as long as Sunak doesn't put the mockers on it in next week's budget. The meddling swine.

[wallywoo] 11/11/2022 10:10

Personally would be surprised not to. 0.75p last year. Probably a similar level this year. Maybe higher, though with a recession coming would likely stay the same. Still looking at a decent yield here though. Hoping that debt is not going to run out of control. That's the big risk.

[1derwent] 11/11/2022 10:00

Do you think we will get s half year divi a lot of shares took out to support one

[wallywoo] 11/11/2022 09:56

Well we shall see next week. Imo this share has had its time in the doldrums and will now shine.I believe the last ceo retired, and and replaced by a guy who was COO AT Speedy with 14 years service. Looks like he will keep a good steady ship to me.As far as the CFO departure is concerned, he only worked at Speedy for 2 years, and obviously the role didn't fit (working in quitedifferent industries before Ladbroke, and TUI. Personally just see all that as Covid fallout. Let's wait for next week, this is incredibly cheap stock imho.