The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A dormant volcano about to erupt?
A sleeping giant about to rise from its slumber?
A phoenix about to rise from the ashes.....?
Or a comatose victim on life support struggling to regain consciousness?
Once again, we have 3 large unknowns reported after close, close to 1 mill shares.
Someone snapping them up, certainly not me.
Gla
Wanderer....
We'll any more good news, we could be heading towards 12p!!!
Gla
It was TOSCA that dumped the 6 million! I wonder who, if anyone, has bought them?
Just had an email back from HSS investor relations saying the next planned update is likely to be full year results in April but this has yet to be confirmed/published. I expect a couple of RNS statements between now and then, possibly TR1s. Hopefully there wont be a profit warning and wouldn't it be good to see a RNS stating materially ahead of expected profit!!
It's called taking the peee!
With all the positive news we have had over last 6+ months, this should be in 20's.
Hold tight &GLA
big sells 2 X 3,000,000.
Whose picking them up?
No1Scarlet, no one is interested in UK small caps, especially those with a crowded 85% institutional overhang. You have to wonder how long the large shareholders will accept such chronic underperformance. Exponent is a strange one, involved since 2012, a pretty long time by PE standard. They took it over and then listed it and sat back and watched 90% of its value disappear. Toscafund are snakes, I would prefer to see them on another register to this one. They'll bend the rules and screw the minority if they can. Do we know anything about Ravensworth? Whats their angle?
SP is just being driven/taken lower day after day.
I don't follow the logic behind it, when we have had all good news over the last few months.
Gla
Wanderer100.
I think the advance notice has been empty for a while.
The dumped shares are probably being snapped up in the background.
Yes I agree we certainly have drifted lower, although all the news that has been released has been postive!!!!
I've written to HSS and told them their financial diary is empty. There is no notice of when the next updates are due. In the meantime there is no news and someone continues to dump and the share price drifts lower and lower ......
Cant see this doing anything until next results are out, goes up goes down, etc, etc
Sorry to mislead, looks like investing.com are wrong!
Hi No1. According to investing.com it's 24th November.
Cat5
Are HSS due an update tomorrow about earnings??
Where is that listed?
Thanks in advance
Gla
With earnings coming up tomorrow I'm surprised there isn't more speculation and activity here, I notice Speedy Hire's SP increased from 65.5p to 70.3p over the three days post results. Would be nice to see the same if not better with HSS.
Tree shake lol..
I think happened when we came down from 25p!
End of year approaching.
Surely with all the good news they have popped out we should now be in the 20p+...
But alas we languish here.
Gla
Never known a SP bobble up and down like this does
Must be held back a buy of 150,000 around midday, turn up late!!!
Gla
Good news there also.
Time we headed on up north!
Gla
Sharecast News) - Speedy Hire reported continued momentum in its half-year results on Wednesday, with underlying revenue from continuing operations rising 28.2% to £186.6m, as it lifted its expectations for the full year.
The London-listed tools and equipment rental specialist recorded a 29.9% year-on-year improvement in EBITDA for the six months ended 30 September, to £49.1m, while its adjusted operating profit was £9.9m higher at £16.2m.
Its adjusted earnings per share were 1.28p firmer compared to the first half of the 2021 financial year, at 1.81p.
Speedy Hire said revenue grew throughout the period, noting a strong performance in hire where growth was 3.4%.
It also pointed out that its adjusted profit before tax from continuing operations was ahead of both the 2021 and 2020 financial years.
Continued improvement in asset utilisation was put down to the use of artificial intelligence (AI), with utilisation up 1.8% to 57.3% as at the period end on 30 September.
Costs were said to have been "tightly controlled", with prior-year efficiency initiatives reinvested in growth priorities, notably people, environmental, social and governance (ESG) and digital capabilities.
Further market share gains were made, the board said, with a number of new contracts and renewals with key customers including Costain, MGroup, Redrow Homes and Willmott Dixon.
On the strategic front, Speedy Hire reported an "improved customer experience" through its upgraded digital platform, adding that a trial in 16 B&Q stores in the first half was successful in expanding its retail proposition through a seven-day offering.
Its environmental, social and governance (ESG) initiatives were also said to be delivering "good progress", with the firm's new 'innovation centre' in Milton Keynes opened in November.
Looking at the balance sheet, Speedy Hire reported cash and facility headroom of £131.0m, down from £142.3m at the end of March, with its bank facilities of £180m renewed to July 2024, providing "significant" headroom for growth.
Net debt widened to £47.9m from £33.2m on 31 March, with leverage rising to 0.7x from 0.5x over the same period.
The company said it made a "significant" £37.6m investment in its hire fleet over the period, with a focus on carbon-efficient 'ECO' products.
Looking ahead, Speedy Hire said its results for the 2022 financial year were expected to be ahead of current market expectations, given positive market conditions.
It said the infrastructure and construction sectors were being bolstered by major projects, while customer demand was continuing to improve into the second half.
An agreement had been signed with Kingfisher to open at 23 further B&Q locations from the second half, generating incremental revenue, while targeted price increases were offsetting cost pressures.
Improvements to "simplify and standardise" its operating model were being carried out, with Speedy Hire's internal digital capabilities imp
Some after posted after bell, actioned during the day amount to approx a million shares.
Price being held for buys/sells to exchange hands again???
GLA
Staying above 18p will be an achievement
My Ars®!!
least it was a blue close.
There is always tomorrow!
Gla