Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Press release 12/02/2014 “Whilst performance in International is running behind expectation, the UK performance to date gives the Board confidence that the Group will meet its expectations for the full financial year.” Now a profit warning!!!
Technical analysis: The stock price has been going from one extreme to the other. The 52-week differential is higher than 90%, which makes this stock attractive to risk lovers willing to sink or swim. The stock has not made any clear signals suggesting reversal of trend.Valuation Analysis is a simple comparison of what the current market prices would represent to an acquirer of the company in relation to numerical aspects of their business. This is useful at determining whether or not the stock is a good value. However stocks that are a good value often have negative operational trends and good value on its own is not a convincing argument that a stock should be bought. Conversely stocks that are overvalued often have positive operational trends.The stock is priced at a standard market premium in relation to the sales the company generates. The company's market value represents a standard market valuation premium to its assets. The company seems to have carved out a place for themselves in their industry, but it is a place of mediocrity.This is an analysis of their business activities over the last 12 months and how this can impact the company and it's share price over the next year The company's sales have increased by up to 12% on an annual basis. The company's earnings are growing but at the unimpressive rate of less than 10%. The company's gross margin has more or less remained unchanged on a quarterly basis. While the company has made no progress, it has also managed to consolidate the business results achieved in the preceding quarter.
Do some further research pal! Understanding market cap, share issues and how the stock market takes a view on profit warnings and accounting errors. The markets are very volatile as you have seen Speedy have had £50million wiped off their stock, buy these shares cheap though and a great deal of money to be made long term. Regards the £5million which will come off their bottom line, this is 25% of their profit posted on the last set of 12 months results, based on Speedy's profit margin of just 5% how much turnover is needed to produce £5million? £100million on a 5% profit margin is your £5 million. This is a big deal and the real figures are not out yet, lets wait for the investigation. Reputation is everything when your a FTSE company, private company different and the quality of your kit and service is all that matters - do share holders give a toss of the quality of a Hilti, 500kva generator or a 6" dsl pumpn - NO! Reputation is everything when you float on the markets - good news invest when they hit rock bottom and learn from Aplant 2003, Speedy will be great once again in years to come. Good luck to you all
Looking at the Aplant saga of March 2003, funny but initially that was also £5million which turned out to be a whole lot more - the sahres timbled by 75%!!! The markets are very volatile at the moment, our economy is still fragile, eurozone is very fragile and Speedy's results aint great in terms of profit margins, how much turnover needs to be generated based on their 5% profit margin??? No i dont think the market will take kind to this and shares will drop like a lead balloon, of course they will recover in the long term but short term this will really hurt and think otherwise is foolish.
LED lights are still a gimmick at the moment, the heads used are light heads used in warehousing - further R & D is need by Towerlight which i have heard is on the cards. Still a good product line in my eyes and i know Speedy do well from this line, the MSC has about 200 units all out on hire.
Elliotts are in absolute turmoil, and the cabin bsuiness for Speedy was a disaster. Speedy made multiple acquistions in the cabin sector not that many years before they sold out, when you look at the whole picture Speedy have lost millions in cabins! Elliotts inherited all of that mess with over 1000 welfare units broken down, mainly the generator side of the units.
Well now DG has gone, GT has walked and AT has gone to A-Plant. Who is next i wonder, no one of any substance left. Go through the list: Mark Whitworth, Andrew Simpson, Greg Wood, Gary Thompson, David Graham, Neil O'Brien to name just a few senior figure heads who were very influential people in the busines. Speedy have had their day, since buying Hewden and closing down the specilaist business units to consolidate they have gone backwards. Speedy Lifting is turning over 50% less that 5 years ago..............
What is really going on at the grass roots?? Mass exodus from Speedy Lifting to GAP Lifting, exodus of the Survey people in East London to A-Plant, no one specialist left in the power division and the same with Pumps. All the Area Managers cut from the business, suddenley depot managers that cannot make decisions for themselves as that is what the Area Managers did all now looking to their Regional Directors for guidance on day to day issues. Regional Directors now snowed under. National contracts in place and cannot backup the service, should i add any more on stop here??? Must admit though i am glad about the share price, well done Speedy........ Lets hope all this restructuring every 2 seconds pays off hey............ Good luck to all those great people left still working at Speedy! May 2014 be a double bubble year for everyone in the hire sector, and for goodness sake lets get the hire rates up, especially non operated plant boys, ROI on telehandlers is awful