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Long way back unless A plant come a calling.
When was the last time there was more Buys than Sells? Does this show a serious lack of faith in SDY - surely a share that has dropped 50% in last six months should be attracting more speculators? It's going to be a long way back I fear.
Many thanks.
You've proved my point.! GONK. A little news for you my fellow investor, some of the plant depots are moving back in with tools and once again becoming integrated. It's happened already in Scotland and to a few regions down south. Keep the faith, there's wheels turning.! I'll keep you posted. ;-)
Ars-hole
Keep taking the tablets, speedy jester.! Your post are truly mind bending.!
Playing with the PI push the price up then bring it down they have been doing it to most shares on the aim market for months ,they are the low life ,so let's see them get burnt big time
Good/bad contract news due out........?
Any reason for sharp fall when peers haven't. ?
Good morning{:-))
Seen a nice rise today hope it keeps up{:-))
seen a nice rise yesterday - any reason for this or do you think maybe it just dropped a little too much and is just going back up again? I've sold my shares in SDY but i'll get back in again at some point.
Good morning{:-))
how are you? are you still in PF?
well those who talk of a takeover, must be influenced by some ''stuff' simply Speedy Hire would not be where it is if it was a takeover target. People take over companies when there is further money to be made by investment. At this point we may see further profit concerns. It can become a takeover target by structural change and improve sales and profits. PS it must be appreciated that it is not about knowing the tool hire business that makes a you shrewd investor, rather an understanding of a companies structural dynamics. At this point SH has the wrong ''dynamics''
Please explain your thoughts has what stuff your on ! Explain why not you have just made this determined statement. I've know this company since Allen Plc and I've followed this for years although bought and sold over 20 years myself. If your thoughts that it's not possible explain why you made this statement.
Can we please get one point right!! SPEEDY HIRE IS NOT A TAKEOVER TARGET!!! Those who feel it is, I would say, ''what stuff are you on''? ''Can I have some as well''?
I get your point on kit although I feel a lot small medium builders have gone to auctions with Speedy kit and bought up what the hired before. I have a few people I know it's business in UK and they bought good generators with low hours for a song. I do believe there's a market for good hire companies although feel Speedy have blown the good staff out replaced by suits. Where the old staff worked to get good volume business with no success. Working with suits instead doing what they know best.until this problems resolved I see no hope at all.
REMEMBER WHAT YOU SAID ABOUT AHT WHEN I TOLD YOU OR HAVE YOU FORGOTTEN !! I CAN !! ITS ALRIGHT TALKING AND COPYING OTHER PEOPLES POST SHOULD I DO SAME !!!!! YOU ARE JUST A REDARMY FAN BRAIN WASTED TO A T AND BEEN LET DOWN CORRECT !!!
I agree to a point that all plant hire companies have been over aggressive but Speedy have been over aggressive in selling the kit they don't run and chasing the larger national deals that don't give the return. It is sometimes better to walk away from the deals with KPI's that are impossible to achieve
Connish,all plant hire companies have been over aggressive in the market for the last 8 years. This is due to chasing a decreasing market, post recession, and having large amounts of kit sat not earning. £4 cut off saw anyone? £20 6kva generator anyone? Speedys woes are primarily driven by it trying to be all things to all people (sorry a service provider). As someone said on here earlier, hire is very simple, if you do it right and have people who know the industry (and by that I mean they haven't read it all in a book.) Speedy need to get back to what they did very well - hiring good kit,providing strong service,and looking after the teams at the sharp end.
They could lose there larger share holding early next year " when shares and profits are going to be lower than market expectations. This could trigger a takeover deal with hedge companies or other plant companies. Maybe some management within the industry could restructure this company within this period ! hopefully this is happening now before the boat sinks. Any thoughts !!!
Speedy will struggle to find a purchaser with the current state of the business....or someone may buy and asset strip. They are now feeling the effects of being over aggressive in the market place for many years and imo it's going to take a while to turn the business around. Get back to basics...plant and tool hire ain't rocket science ;)
Sorry for that I am a little out of date and the fact is they are now owned by a private equity group but were put out for purchase by Finning which had recognised they were not a core operation after nearly fifteen years of ownership. That should send alarm bells ringing round the speedy offices as there are not likely to be any shining white knights out there ,as I speak the share price is plummeting.
Hewden are not owned by finning.....There are certainly a lot of u researched know it all son this BB recently!