Don't get to excited markets have all recovered a little this week. Still expect Speedy shares to sit around 40/50 pence for a long time. Although this ones for the brave punter who could see it crash come early 2016. Goog luck to the brave or maybe your employers shares have just recovered a little.
Be 5-8 years before this even looks like breaking the pound barrier. No leadership, nothing of any worth being transmitted from the top. The margins made from the likes of Balfour's (who admit themselves they will never make a profit in the UK and have for years) Costain, etc etc. While the local business's who Speedy once enjoyed doing business with, made good profit from and gave an excellent service too, now trade with their competitors. Speedy think that these companies will want to come back.!! The hardest job in the world.! As for the clowns still running the shop, their still there.!! They know squat about the business, quite obvious don't you think. Ten years before this SP is worth looking at. Don't try to catch falling knives.!!!! Massive restructure and more heads to role yet, wait and see.!
There's a saying when your at the top," thy only way is down , This is true in this case. The suits the and wide boys are to blame for this episode in Speedys history.Although I think in this case mud will stick in Speedy Hire and will have a job on its hands turning this round.
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