One acting for company would show confidence to London exchanges "although problems within should balance to a level that can be worked on !! This I'm sure will take time ... Although need to go to grass roots .. Good luck all but I would personnel over look this one!
Being sat in the middle at a depot I can say the front line is forgotten about. But the strength and positivity within my team after everything is still going strong an a change in management won't affect that.
So guys after reading all the posts and there is a lot of passionate stuff on here and strong opinion the million dollar question is do u think the share is worth taking a punt on. Both Hss and Speedy have had massive % drops. What do u think fair value is from here?
Speedy should commit to each local business, not trying to under cut there rivals dealing with large contacts where people at top have milked over years . Giving them the service instead where the bread and butters formed. Better deal with 100/500 customers each depot instead running round for big boys under silly priced contacts with no profit !! Any body can be a busy fool. Leaving local business with no plant to offer or deliver. Locals will go else were leaving depots just running round with small profits for large contracts . TO survive they need there grass roots sowing from the top down. This may take years but they shall remain profitable . Let the over hire companies run round with the big boys working for nothing. Better turnover less and profit with less risk
As I sit somewhere between the top table and the coal face, I can confirm that blue is pretty close to the correct answer. What hasn't been factored in any comments is the flat start to FY16 in the construction sector - the biggest market Speedy play in. This, complimented by a very ambitious budget have also contributed towards todays happenings. On a side note I would just like to say a big welcome back to the message board to flyingdutchman1 (aka mickyinholland). Aside from the English Masters you have been studying for, where have you been for the last 2 years?
There is always going to be a different opinion on what is wrong with this business, sales ? Operations? senior management etc etc etc The biggest thing that drives most businesses forward is committed , driven and a happy workforce, together with an honest , trustworthy leadership team, which starts at CEO and finishes at area managers, whether sales or ops. Speedy does not have these at present due to many reasons, and they are not facing up to them to address them either. Until this happens then the business will always come back to where they are now, especially after a period of success as the important staff (front line people) dont get to see the success in their wage packets but senior staff do, hence low morale....
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