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Directors dealings: Speedy Hire's finance chief splashes out

Thu, 01st Dec 2016 17:49

(ShareCast News) - Speedy Hire's finance chief splashed out £50,632.93 on 117,751 shares of the equipment and tool rental group.Chris Morgan carried out the transaction on 30 November, as the small-cap company's shares made another run at their 52-week high of 44.50p amid heavier than usual trading volumes.On 16 November, the Merseyside-based outfit reported a rise in first-half pre-tax profit from £2m to £6.8m and said it expects full-year results to be ahead of its previous forecasts.That saw the shares in the £230.32m market cap firm regain their 200-day moving average for the first time since mid-2015.Several months before it posted its latest set of interims, towards the end of May, analysts at RBC bumped up their target price for the shares from 32.0p to 40.0p, telling clients they remained at 'sector perform'."New management appear to be doing the right things and the business is stabilising. With better management information, improved customer service and scope for further efficiencies, then we would expect profit recovery to continue," RBC analyst Andrew Brooke said in a research note sent to clients.That said, Brooke did add a caveat, "markets remain choppy and the stock already trades on a recovery multiple".Top Director BuysBase Resources Ltd (BSE)Director name: William Spence,KeithAmount purchased: 500,000 @ A$0.22Value: A$66,106.17Speedy Hire (SDY)Director name: Morgan ,ChrisAmount purchased: 117,751 @ 43.00pValue: £50,632.93Pennon Group (PNN)Director name: Loughlin,ChristopherAmount purchased: 2,516 @ 790.35pValue: £19,885.21Personal Group Holdings (PGH)Director name: Rooney,Ken WAmount purchased: 3,989 @ 381.67pValue: £15,224.82Caledonia Mining Corporation (di) (CMCL)Director name: Learmonth ,John MarkAmount purchased: 11,500 @ 84.00pValue: £9,660.00Legal & General Group (LGEN)Director name: Markham,RudyAmount purchased: 2,083 @ 238.10pValue: £4,959.62Travis Perkins (TPK)Director name: Walker,Robert MAmount purchased: 350 @ 1,341.98pValue: £4,696.93Legal & General Group (LGEN)Director name: Kingman,JohnAmount purchased: 1,836 @ 238.10pValue: £4,371.52Legal & General Group (LGEN)Director name: Meddings,Richard HAmount purchased: 1,155 @ 238.10pValue: £2,750.06Legal & General Group (LGEN)Director name: Popham,StuartAmount purchased: 853 @ 238.10pValue: £2,030.99Legal & General Group (LGEN)Director name: Bradley ,Carolyn Amount purchased: 751 @ 238.10pValue: £1,788.13Travis Perkins (TPK)Director name: Anderson,RuthAmount purchased: 62 @ 1,341.98pValue: £832.03Travis Perkins (TPK)Director name: McConville,ColineAmount purchased: 62 @ 1,341.98pValue: £832.03Travis Perkins (TPK)Director name: Rogers ,Christopher Amount purchased: 62 @ 1,341.98pValue: £832.03Travis Perkins (TPK)Director name: Redfern,PeterAmount purchased: 58 @ 1,341.98pValue: £778.35Travis Perkins (TPK)Director name: Rogers,JohnAmount purchased: 51 @ 1,341.98pValue: £684.41Jpmorgan Global Growth & Income (JPGI)Director name: Collins ,Gay Amount purchased: 148 @ 259.49pValue: £384.05Henderson Group (HGG)Director name: Formica,AndrewAmount purchased: 65 @ 232.62pValue: £151.20Henderson Group (HGG)Director name: Thompson ,Roger Amount purchased: 65 @ 232.62pValue: £151.20Miton Group (MGR)Director name: Williams,GervaisAmount purchased: 485 @ 30.92pValue: £149.96Great Portland Estates (GPOR)Director name: Courtauld,TobyAmount purchased: 24 @ 611.50pValue: £146.76Great Portland Estates (GPOR)Director name: Thompson,NeilAmount purchased: 24 @ 611.50pValue: £146.76Great Portland Estates (GPOR)Director name: Sanderson,NickAmount purchased: 24 @ 611.50pValue: £146.76Henderson Group (HGG)Director name: Wagstaff ,Philip Amount purchased: 53 @ 232.62pValue: £123.29Sainsbury (j) (SBRY)Director name: Rogers,JohnAmount purchased: 51 @ 228.50pValue: £116.54Sainsbury (j) (SBRY)Director name: Barker,EdAmount purchased: 50 @ 228.50pValue: £114.25Non-standard Finance (NSF)Director name: Teunon ,Nick Amount purchased: 10 @ 255.00pValue: £25.50

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