If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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.
when i read the 2 rns this morning i thought ouch this is going to hit sp so am surprised it is holding up this well. was in last year and did very well but not in now .
That was unexpected news this morning.Looks like Speedy were sold a pup with Geason not performing to expectations plus there's a separate expensive litigation pending also. The FD as a consequence has been given the boot .
Tuesday's delayed results are eagerly anticipated but the prudent thing would be to hold off on dividend this period. At this level the SP should be prepared for the deferment you may think?
I'll be content with a steady price rise over next couple of months to post election 70p+.
Involvement on Nightgale hospitals may have rescued a little of the revenue late on but all will be revealed on Tuesday.
I expect speedy products to be in great demand for the rest of the year as projects struggle to catch up. Recovering nicely in prep for next Tuesdays final results. Expecting us to break our all time High share price in next 3 months.
Maybe we have a winner here. I will add also info that institutional funds are buying the stock at the moment you can check here https://fintel.io/so/uk/sdy
https://twitter.com/surprised_trade/status/1248134307165724673
many projects continuing, new opportunities are emerging & others accelerating as economic conditions permit. As a result, the Group has to date retained a substantial proportion of its revenues entering its new financial year
https://www.youtube.com/watch?v=JBB9bA-gXL4&feature=youtu.be
Liberum cut its target price on Speedy Hire to 72p from 86p, noting: “Looking around at other countries, it is by no means clear whether construction sites will all close or remain open.”
But it argued that Speedy Hire was well positioned financially: “It has £180m of committed facilities and £220m of uncommitted facilities, and the ability to cut cost and flex capex further. These give it scope to weather much more significant revenue falls that we have modelled. The shares are attractively value, looking out to the other side, and we see over 50% upside to our target price of 72p.”
Shares in Speedy Hire were off 10% at 42.0p by 1330 GMT.
https://twitter.com/surprised_trade/status/1241644523689836544
decent and sensible update rns
https://www.lse.co.uk/rns/SDY/trading-statement-2b5y8sw7a963dwl.html
RE: sdyFri 22:51
I had to come back! I cracked three ribs when I read your post. Chart looks like Evel Knievel Snake Canyon Rocket Bike jump!! and I know your old enough to remember that, your retirement funds down the crapper!
Did you enjoy the Bat Soup? I take it it was a starter? because things haven't really got started in the UK yet. Enjoy the ride! lol
https://twitter.com/surprised_trade/status/1241644523689836544
decent and sensible update rns
https://www.lse.co.uk/rns/SDY/trading-statement-2b5y8sw7a963dwl.html
I had to come back! I cracked three ribs when I read your post. Chart looks like Evel Knievel Snake Canyon Rocket Bike jump!! and I know your old enough to remember that, retirement funds down the crapper!
How's the Bat Soup!
Genuinely not wishing to ruffle any feathers or rub salt in any wounds but you all no doubt have a lot of knowledge about this company. I'm looking for a small number of value opportunities and this is on a relatively short long-list. Given everything you know, is this a share you would consider buying into now at current prices? Many thanks for any views.
Took the opportunity to reinvest this morning at 63p. SP plummeted to 57p support for split second before clambering back to MA200 at 62.7p. We are now back to where we were on election day.
https://twitter.com/surprised_trade/status/1238025164455129094
Speedy counts 85 of the UK’s top 100 contractors as customers ..nicely positioned
https://www.investorschronicle.co.uk/company-news/2020/03/11/budget-2020-chancellor-opens-infrastructure-spending-taps/
Had no problem buying 12k with AJ Bell this morning.
69.0 to buy, 68.4 to sell
..Except it's impossible to buy any at the moment except the occasional 1 or 2 thousand.
I employed same strategy as you Nohearts. Sold a chunk at 75p and grimaced for weeks as the sp soared to 87p. I sold another chunk at 85p just before the drubbing which was a wise move. Will be happy to buy back at 66p here if in the next fortnight the world hasn't gone to hell in a handcart!
" but I won't be rushing to top on these until they are back in the 64 - 69p range, which I just have a gut feeling will happen."
Told you they would be back in the high 60's range !
Seriously though, great opportunity to top on these now.
Reassured of SDYs staying power of late.
Has reached brokers targets and is pushing boundaries for another breakthrough. Lots of new buyers and sellers has given it a new lease of life.
Looking forward to seeing 90p by the time of trading statement in mid to late March along with a push ahead with dividend too.
walking boss---------last post --------Dead in the water! Don't put any ribbons on the Cup just yet, let's wait until year end shall we. Delusional chaos.
just wanted to congratulate all the LTH investors in this stock .
some of you waited a long time to succeed but you have been proved correct and the troll
WALKING BOSS has been outed as a total idiot well done people dyor.
Even more convinced this will drift a bit lower in the next 6 - 10 weeks.
As said previously, I'm not a trader, and I think money is best left in the market long term, but I won't be rushing to top on these until they are back in the 64 - 69p range, which I just have a gut feeling will happen.
The 'Boris bounce' was well over cooked for domestic stocks, whatever your position on Brexit there is a huge amount or work / uncertainty over the next year.
We are probably close to being in a mild recession - construction still poor. It's going to take months for Government to decide what the do with infrastucture.
Best scenario ? Cancel HS2 and allocate the billions to Northern towns and cities to spend on local projects that deliver much more bang for the buck.
Worst scenario ? Cancel and spunk more money on London projects.
We (Speedy) had a cracking run from August to early January going from 48p to 80p.
Long term (3 years) ?
The business in great shape - the move to services and serving smaller business was the right call.
Relatively little debt, undemanding PE ratio, decent yield, dividend well covered, scope to increase dividend.
The downside ? The board / management are a little over cautious in my view. Organic growth in Hire is **** poor.
It's a competitive market and needs continuous operation excellence and the business used to have history of whacking one into their own goal every so often.
Remains a long term hold / buy / value stock.
OK Ive just allocated some of my funds in my SIPP into this one.
I did the same with RFX and NWF this time last year and I am 53% and 4.5% up respectively.
Ive also allocated into SRC today, humming and arring over RDW & HAT.