Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Good morning all :-))
68 is coming?
Good morning all :-)).
Good night all :-))
Helped build this company back in the 80s when it was a small operator part of the Allen group in Wigan .Knew all the cheifs and most of the then managers at depots mainly north west opreated. Gone on through organic and predatory growth to be a large operator but its buisness model is exactly the same as your one man band tool hire shop. To that end it depends on a bouyant economy and especially in the markets it serves,those fundamentals are in place and set to get better albeit in less volume than its first meteoric rise before the crash. The shed as been cleaned out after the middle east affair and the management as a better grip on the day to day running of the operation, so on present economic forecasts the stock should only go one way.
Looks like another blue day ahead could see 70+ today?
Good morning all :-)).
Good night all :-))
Hi Chria, can you not really see speedy going a lot higher, this is the only share I hold and I piled everything in at 23p and held through the ups and the downs. I am a paving contractor and can tell you after 5 years of really struggling, it has gone mental this year, we are snowed under with work and booked up until march next year and all the trades I know are saying the same. Speedy said that they were up 19% in Manchester and17% in London, they have scaled down there costs and resized the company to suit the economy. Still think they are a great buy even at this price.
Sorry to say it but as i said the other day you may have dropped a boo---boo. But you have had a good run over the last year nice 40% so sooner or later you was going to get it wrong? still may get it right but think not will see this push on to 70+ now. Good luck with what ever you decide what to do.
hey u.
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You may be right Macc, maybe I have dropped the ball on this one. But I have had a 40% increase on my initial investment since last December, buying and selling just SDY. If I have buggered it up, c'est la vie ;-). If the price is going to live between 60 and 70p (who knows) then I shall in and out in this range as done before.
Good morning all :-))
I Think you are dead right. No way are we giong back down to the 50s imho---see a nice steady rise back up to where we belong 80+ their just for you (EddieRed7), I can see speedy showing a healthy profit this year because maybe they have finaly got it right and seem to be busy.
I think speedy are well on the road to recovery and can't see them going back down to the 50s. We should see good solid steady growth. They have been improving even through the bad times, coming from a 74 million loss, to hopefully a 20 million profit this year.
I think CHRIA may have droped a boo--boo this time? But i hope he knows what he is doing he has done this before and it payed off :-))
Oh dear o dear, heading towards half year numbers, should see some good improvement!!! Building trade has really picked up this year.
Oh dear ?
Kinda hope not, just sold out yesterday, now waiting for the drop to 57p to buy back in again. ;-)
Yeah, just need to push through the resistance around the 69p mark, then hopefully fill the gap back up to 75/76 area. Then its onwards and upwards! :-)
Getting nearer to 80p :-))
Morning--------We can only hope. No think maybe 67---68p at end of play:-))
80p today do you reckon?
Good morning all :-))