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Walking boss, you are absolutely right about this business, losing more and more contracts, what they do keep are priced at totally unsustainable rates.
Arrogant and delusional!
yawn-yawn-yawn hire up 1% debt down 3m services up 13% the most profitable part this is when the construction sector is on hold as is most markets at the moment give it a rest mate its boring .
Hire revenue up 1%, debt down 3 million! Sounds like a company shipping water to me, one positive they don’t tell anyone about the total chaos with regard to professional qualified staff or should I say, lack of! Manager less regions, depots , sales teams, lack of kit and the list goes on. Word up!
The presentation from Speedy Hire delivered at the Birmingham Seminar on 1st October is now available in our members area: https://sharesoc.ning.com/xn/detail/6389471:Comment:54533
"Plant and tool hire chain Speedy is expected to show modest growth in revenue and profit when it posts its half-year results next month"
https://www.theconstructionindex.co.uk/news/view/growth-for-speedy-services
We have a growth company seminar on the 1st October in Birmingham with Speedy Hire lined up to present. This may be of interest to potential investors or current shareholders. More details and registration can be found here: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-1-october-2019/
Why the capital letters? Is it because you like to shout? Empty vessels make the most noise! As for my age and reference to Linda Lovelace, I think it’s you that needs to grow up. The SP has been on its backside for years. Boels are cleaning up now, speak to people in the no, there are people there that left SDY who the CEO couldn’t keep! Fact. Three years to make an impact in this market, don’t be foolish, the way SDY are performing there are other companies taking accounts from them every week. SDY want the smaller companies back! The ones they screwed over with project wolf! those customers haven’t forgotten that little exercise!
Speedy Hire present at our next Birmingham growth company seminar on the 1st October. This may be of interest to current shareholders and potential investors. This is also a great opportunity to socialise with your fellow investors and discuss these and other investment opportunities. More details and registration here: https://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-birmingham-1-october-2019/
dont post many but cannot ignore walking boss WHAT IS YOUR PROBLEM ? you ask where are the big rollers did you ignore the 2m buy + the 2 x1/4m buys are they small ??? as for boels they are 3 years from making a big impact on this market.
as for your reference to linda lovelace that just shows your age and mentality.
GET A LIFE .
Somebody definitely isn’t a fan! Lol
Maccaroo, this is just for you my delusional investor. A man who hears me but doesn’t listen. This company is going down faster than Linda Lovelace! Aggressive acquisitions and the buying of goodwill isn’t a road to success, it is a road to disaster. There is absolute turmoil in certain regions, by that I mean unmanageable areas of the country, unmanaged depots and hire rate agreements (also damages and loss) that are suicidal, this is FACT. The companies they have acquired are losing staff but more importantly the loyal customers that made them attractive to the clueless CEO and his band of blinkered fools. As for debt!! let’s not go there. As for this companies SP going skyward anytime soon, forget it. This company couldn’t hit water if it fell out of a boat. I ask again! Where are the high rollers, where are the big money men investing their money? Not in SDY. If it hits 60 get out of Dodge! or get burnt, to the bone! Put my comments to the test, walk into a Speedy depot, ask about the movement of assets, ask about the loss of identity for the specialist divisions (Lifting & Survey) ask about the level of qualified staff in these divisions. Ask for some kit because it won’t be on the shelf!!!! Please comment on this board with your findings, I might be interested but then again I might not. If you like kicking dead dogs, invest in SDY.
Have a few more days like this please
Thought I knew the speedy share better than this. Might have accepted a 10% drop after divi was paid but to fall like a stone is strange without any declared bad news. Really expected it to be at record high at the moment but what do I know? Year on year improving profits and dividends surely count for something don't they? Walking boss - update please from inside.
Someone must know something. 25% decline in a month and a half without any announcement is strange...
Another month and a half to any half year trading update... can’t believe there’s significant Brexit impact.
anyone know why this is dropping very slowly? no major announcements or anything?
A speedy share, more of a hover :)
Anybody know why the price is going the wrong way?
Is it to do with brexit and when do you think we will see it pushing up? What factors need to happen for it rose?
I know it’s isnt just Speedy’s that dropped I watch a couple of the big names and one other dropped 50p today gulp!
UK Investor magazine are forecasting 8% growth in revenues to £426.8m this year and a 13% rise in underlying pre-tax profit to £36.2m. They expect net debt to decline from £89.4m to £77m by March 2020, even after hefty capital investment.
"The total dividend is expected to grow by 10% to 2.2p a share this year. That is a forecast yield of 3.7%. The prospective 2019 multiple of nearly 11 is not unusual for a hire company, but the increasing importance of services, and their growth potential, means that Speedy Hire deserves a higher rating."
Strong dividents for anyone who buys today, 1.4 p which is 2.5%. Last year jumped after aswel so exra money. Maybe not everyone knows that you have to own shares before opening market on Thursday 8am. So today is the last chance to make easy money on dividents on company with high profit, reiterated buy by liberium and peel Hunt so the profit is growing aswel
So many people purchased more today. Ex divident day Thursday 8am. 2.5% as as the price is low anyway it will go up after. It happened last year, I sat on it for 2 days and it jumped another 2%. Great money on this one, they are expecting double growth 57%, already hit their targets, unlike other company's this is profit maker
Dividents coming up. Looks like bigger purchases are coming through now. 2.5% dividents that's brilliant this Thursday. Last chance to buy cheap
Share price has climbed 15% since I posted 8 weeks ago but really needs to get past the 65p resistance level now to challenge last Julys high of 66p. Get past that and hello low 70s I reckon. Going ex divi next week will obviously knock it back temporarily but despite walkingboss's impassioned statements of doom and gloom I look forward to my payment in August and I''ll be sticking around for the foreseeable future.
Firstly I don’t hate SDY and don’t hate anything! This is because hate is a total waste of energy. Fact. I’m not a disgruntled employee or former employee. The information I submit is factual and believe you me, I could post a lot more! Anyone who thinks the CEO of this company is making the right decisions at present is totally delusional. The results will reflect what the bean counting CEO has done, cut costs. That’s all he’s done to keep this company afloat. The reality now though is that this constant cost cutting is effectively destroying the business and it will implode. Let’s see who’s full of BS Maccaroo? You never have anything constructive to say ever!!! Just the repetitive good morning! and the vile attack with nothing to back it up. The SP will not hit a £ anytime soon, the City Boys know that, that’s why no one is throwing money at SDY shares. If there is anyone out there with positive information of any kind, let’s hear it, let’s see you throwing big money at this company share. Unfortunately you won’t so please keep your mindless comments to yourself or offer something of value.
Well said rumbers2 walking boss is still full of sh-t he has not been on this bb since sept 17
JackHammers at least take the time to read Walking Boss history of diatribe which dates back well over four years. He's a disgruntled employee who hates Speedy with a passion. Whenever results are due he appears like the grim reaper frothing at the mouth with his warnings of impending doom. In fact the SP is guaranteed to rise whenever WalkingBoss sounds his death knell.