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Tipped in Investors Chronicle. Hope it's not the death knell!
Don't subscribe so can't read it. Anyone post it please?
Lots of small sales going through now. Profit taking to pay towards the Xmas excesses. Can't fault them - a nice 20% if you got in pre election.
Looking for 80p and I may be tempted!
The in house brokers will have to move their targets now this has found legs at last.
Don't want this year to end now! Lots of buyers in at around 77p. Upwards and onwards.
You are right
Just got a gut feeling that this will tread water under the 75p mark for a while.
Have sold half my holding in this at 73.6p.
A day too late, but think the whole small cap market has got a bit over excited in the aftermath of the election.
A cracking run for those lucky enough (not me) to buy in August 2019.
A lot of hard work politically ahead and won’t be plain sailing.
What a week - smashing through 65p barrier which seemed a block for so long and then cruising through 70p barrier.
Just feel like the accounting **** ups, profit warnings, Carillion mishaps are well in the past and trust in this company is restored.
Lets see if we can get a bit higher by the end of the year before taking any profits. We've waited too long to bail out too quick.
Maybe Walking Toss can post something to help us past 75p
Loving the rise in SP today, taking it to the highest Value since June 2015.
Despite this lots of nice buys including 3 trades totalling around £1m at 72.5p.
Last filed accounts show revenue is increasing despite the previous uncertainty over the entire construction Industry, IMO all down to the focus of the business being aimed at the right markets at the right times and some nice acquisitions that add to the Speedy Portfolio.
Obviously the majority of the market increased today but Speedy's main competitor stagnated SP wise.
Lets hope for more of the same in the months and years to come.
Good luck to you as well Steve.
I'll probably take 1/3 profits in the next fortnight, however I really want to see if the directors can grow the business, particularly organically - alongside some bolt on acquisitions.
Who knows what will happen, but there's got to be an attempt to increase house building & push through some infrastructure spending in the next 3 years so there should be plenty of business to go for.
In my experience of dealing with them they seem operational pretty strong, deliver a good service but just wonder if they are a little cautious as a business and lack a bit of entrepreneurial oomf in their managers.
Never going to be mega exciting, but no reason why share price can't increase by 40% by Dec 2021
have sold out for a nice profit wanted funds to have a go at wmh good luck to all.
i notice walking boss has been ver quiet lately lol.
What a day for the patient Speedy hire holders.
Could be a good 2020
Brexit hangover gone
Infrastructure investment
Strong balance sheet.
Increased dividend, plenty of scope for more
PE of roughly 12 on this years earnings, scope for a bit of a re-rate.
NICE
Nice election bounce.
Would be nice to see 70p by Xmas, although I always think there is a bit of an over reaction to events like elections.
Nice vote of confidence. on the up
And Schroders adds 2% to their holding.
Nice vote of confidence.
Onwards and upwards
Good afternoon Maccaroo and good afternoon all speedy followers.{:-))2 years and a month since I topped up on these at 54.9 and I was hoping to exceed 65p all the way back in December 2017.Maybe we will finally pass it in the next 2 weeks. Shares up 16% and ok we have had 4.3p (at least when the interim comes through in Jan) in dividends but to be honest I'd hoped for better. Hoping for better in 2020 - although the core hire hasn't been great, the services are fairly robust and the way things are going testing, training and H&S aren't the worst market to be in as it almost guarantees repeat business.If sentiment improves in the construction sector I feel these could whizz up to 80pDon't see much downside from here - 55p would surely be a floor unless disaster strikes.
Has progressed well since results announced and even directors chucking their own money in the pot. Goes ex dividend tomorrow so we may have to wait until middle of next week before we see the years high beaten. Feels like the Xmas rally that's going on rather than SDY being attractive to new investors though.
Walking boss could have taken the chance you offered him, numbers2
I wonder who bought over 3 million sharesat noon today - at 65p
Nearer 70p on the rally up to Xmas with a Conservative win i reckon Steve. All eyes will then focus on the mother of a giveaway budget in the new year with massive spending on infrastructure first and foremost.
I think we will be break the 2015 highs of 79p by next Spring. This is a chance for Walking Boss to invest (and his newly created alias Kork) but he's too dim to do so.
We can look now forward to a prolonged period of clarity and accelerated growth following three and half years of paralysis and fog.
62p -63p on monday especially if you do a post
Fill your boots, but it will eventually end in tears!
doomed were all doomed the boss has spoken lol keep posting mate everytime you do the sp goes up.
Dead in the water! Don't put any ribbons on the Cup just yet, let's wait until year end shall we. Delusional chaos.
All revenue growth has come from acquisitions - without this underlying hire revenues down 5%
Underlying profit growth is only £0.3m - the rest is from acquisitions and an exceptional credit - stagnant performance
Strategic and Operational highlights
· Profit before tax up 21.5% to £16.4m (2018: £13.5m)
· ROCE4 (including goodwill and intangibles) increased to 12.7% (2018: 12.3%)
FROM TODAYS RNS Strong balance sheet and cash generation. Net debt3 reduced to £85.3m (31 March 2019: £89.4m), with leverage5 of 1.1x (31 March 2019: 1.1x)