We would love to hear your thoughts about our site and services, please take our survey 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.
Hewden are not owned by finning.....There are certainly a lot of u researched know it all son this BB recently!
those who talk of a takeover, all I will say is ''then the alarm clock rang''
Non starter. Geoff Drabble commented on the Group's bolt-on acquisition strategy at the 2014 FY analyst presentation. He stated quite clearly "...we don't like doer uppers".
Hewdens are owned by Finning UK and are a well run organisation as they were before the takeover previously Hewden Stuart previously Stephenson plant. That was pre speedy existence during the Stephenson plant era and they were hard nosed ex operators and managers who new the business .The dominance of so called educated suits in the game as brought the Plant hire game to its knees and the sooner they let the boys who grew up in the game run it the better it will become.
AHT a proven and well run performer Some of Speedy or all of it's operation!!! could be up for grab$,well located facilities for example Bring in the PROFESSIONALS
Ironic if Hewdens were to do so
Just a question I told you years ago to buy AHT and forget SDY did you take my advice ? Was less than a pound then 1018 NOW. Your answer will tell me a lot about you and share buying.. Skills
I know Morgan's , Gallifords , PACS and NMC are all just weeks away from pulling out of there contracts and rumours of Babcocks ending there agreement early are gathering pace, all EC's doing
So when you announced to the world on the 15th August 2015 that you were gone long ago, last year when it was in the 80's, were you telling porkies then? You old chap are full of it. Now stop stalking your ex and get on with your own life.
Agree his knowledge gap counts against him. Finance based thinking seems to be " cut back to where we are" as opposed to "cut only to where we could and should be" That said Speedy are heavily geared with numbers rapidly heading south so the cloth cutting could well be fairly brutal in the coming months. What scares me are the rumblings (getting louder) of some high revenue contract losses.
Bone Head.! I still have.!! I still have.! Do you understand that ? I still have 18k in, obviously that means I've taken an amount out. Do you honestly think my posts on here have any bearing on the SP ? And are you that stupid to think that I would show my hand with regard to other companies I invest in. Get real FFS..! I'm on here because I love bone heads like you.! And the good morning speedy jesters.!! Jesus wept..! Love it, I really do love it. ;-)
I don't know the current CEO, though it seems a very tall order for his first CEO compounded by having no industry experience and customer base that's fed up see seeing a very simple business made complicated. getting the right competent people around him quickly that he can actively target and cherry pick, will also be vital. If those problems can be overcome soon then hats off. Sadly I'm not describing the knowledge, skills and credibility required, combined with the likely approach of a pure finance guy........mmmmm
I do not believe for one minute there is a company in the Plant game would buy Speedy for any money. It is a basket case with a mountain of debt and a strategy that is leading to Liquidation.It as lost its Market leadership and is stumbling around in the dark room known as" what the f--- are we doing." The management is naive they have no perception of what it is like on the shop floor and are hoping they will solve the problems with big words that impress only them. If I were still in this stock and thank the lord I am not I would dump it now and get the hell out.
I agree. A Plant could have taken Speedy a long time ago if it offered any strategic benefit. I would like to see someone like Melrose Industries get hold of it. They know how to turn a business around and would put the right management in place. Then mix it up with A Plant in the states. Still plenty of scope over there.
Do you feel that the current team have that track record. I don't see it personally (just my humble opinion) Do you feel anyone of any real quality and standing within the industry would join Speedy,once the long overdue clear out commences. Agree Speedy has become a generalist and this gives end user very little confidence in knowledge levels,especially in the specialist offerings The cost of unpicking the MSC network would loom large over a few years accounts,would they not. No question over your track record,don't know you.....
18 months is based on the principle of the leadership having a proven track record, access to the right people, confidence to manage shareholders following to many pipe dreams. Focus needs to be placed on ROC during this term not utilisation. Market penetration is achieved from being experts in the appropriate discipline not average generalists (ironically VP and speedy have reversed their respective models......speedy madness) Genuinely believe these problems can be solved in the suggested timeframe, establishing a foundation from which the business can move forward strategically......and have a track record to support my comments.
You aren't a million miles away with your list of fixes. The cost to release MSCs would be extremely onerous (far too much to carry I feel) given upcoming £value half year position. 2 years plus recovery more realistic I feel. Just one other thing,hearing a lot of chatter that the Valero onsite contract has been lost to VP. If true this will hit hard as its multi £m,especially during a regen year. Anyone else heard this??
Good morning all speedy investers. posts on here getting a bit more intresting {:-))
Just in case anyone out there is having doubts about whether or not this ejeet is a serious investor or not, I have copied and pasted two of his posts below that prove she is full of ****. The first from August tells us that she got out of this share last year and today she claims to have £18K that she is prepared to sit on for 10 years. If you click on her name you will also notice that they have only ever spoke about this share and each comment is negative - way to go, that will get you a fantastic return on investment! AUG 15: "I'll leave you to turn the lights off.! I was gone long ago..! When it was in the 80's last year, with respect it's said to see, but if your waiting I hope your not near retirement age, if you are I'd book a plot, order the wooden overcoat and don't buy any box sets, this will be on its backside for quite some time yet." SEP 15 "Uneducated drivel.! Love it. You on the other hand don't read, absorb or understand my past posts. FYI- once again.! I don't work for SDY, never have, never will. I have 18K still invested in this company, I predicted low forties, possibly high thirties"
Uneducated drivel.! Love it. You on the other hand don't read, absorb or understand my past posts. FYI- once again.! I don't work for SDY, never have, never will. I have 18K still invested in this company, I predicted low forties, possibly high thirties. Your point of 50% return over 3 years I understand. BUT, Speedy employees will be selling come Jan, as they as will have been only buying £50 to £100 month due to their allocation. Once more I don't work for SDY or need to let go, I'll wait 10 years for a return, they just need to sort themselves out.!!! Red Army you are the one with your head deep in the sand.!!!
A plant, why would they overpay???? Private equity, most likely. Read a lot of speculation and a lot of convoluted solutions. So here is my simple view. Refocus the strategy with a strong leader that understands the market intimately (sadly not mr c, though it hurts to say he created much of the problems of today). Exit plant, re-establish sector focus, loose current preoccupation with utilisation, reinstall local network capability, close msc's, incentivise success......for 18 months. This will provide a solid foundation to move forward
Good morning all speedy investers {:-))
Ok Guys maybe not Aplant although hear me out ! This share in early part off next year will be prime for takeover. When over larger companies look at this company it has good turnover and maybe just asset strip this company !! I disagree with statements that Aplant might not be interested, there looking into building there operations up in UK has USA arm carried the can over years gone by. If say they did buy Speedy Hire they might even do a share swap ? Everything's possible ! Might not?" it will be prime for takeover !! Never know Redarmy share holders might do a management buy out at this rate. All together staff and directors have a fair value !! Maybe they will ask share holders for more cash !! Beware it's not all what it seems !! Redarmy fans remember this post !!
So let me get this right, you are saying that a 50%ROI on moneys paid over 36 monthly installments is bad? Or are you saying that despite all of the uneducated drivel that you have kept monotonously repeated since being sacked over the last few years, the SP has risen by 50% in that time? I think its time for you to give it up old chap, speedy are not going to go out of business just because a bitter ex with a grudge keeps repeating the same old garbage. You are becoming an industrial bunny boiler. Let go.
You still around or have you swung yourself yet..? This will get worse, that I can assure you, another fact you might want to bare in mind is that in Jan 2016 the company share scheme matures, or should I say is when all Speedy employees in it will sell their holdings. Those that they bought in at 28p.! 3 years and what a return for them.! Can't imagine their feeling very happy, can you.? Please let me know your thoughts, I'd love to hear them.