Speedy Hire earnings rise: Tool rental firm Speedy Hire has said earnings jumped 23.4% to £37.5 million after it cut costs and saw the construction market pick up in the six months to the end of September.
Maybe the large sell orders on 24th September (see previous post) have been finally unwound as the two large buys were executed at the offer price ? Either way I think we may see greater coverage of the stock and the odd recommendation or two ahead of the weekend press.
Speedy has been under the radar for quite sometime now but I think that will change after this week. There will be bumps along the way but as is often said stocks don't always move up in a straight line. After the last year, I think we can all testify to that !
Do not agree with you they are not performing in line with thier peers and the int division is a drag on profits they will slumber for a while yet so I got rid of my 200k at 69 but it aint showing yet as it was market maker dispersal. Will turn in a profit of 5K and look elsewhere,Bye for now.
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