Member Info for whaddaukno

I'll be very interested to see the full FY costs in terms of Velocity Vs what they say it's achieved. Agree its a tough market and they aren't a small concern, but the CEO needs to build confidence and I'm not seeing that. Wonder what picture the next trading statement and ultimately full year results will show us

Price looks tempting but market is tough right now. This co desperately needs some new,fresh thinkers in at the top and then it would have some chance of showing what it's capable of

Price looks tempting but market is tough right now. Change the network configuration and get some fresh blood and new thinkers in at the top and it would have some.legs I guess?

I’ve heard of 4,all in south of UK

More redundancies yesterday and closing outlets

What's going on here?

Not quite sure how they can recover the situation by doing that?

Lots of Sppedy employees saying they’ve been made redundant this week?

Stinker,same as the Greenpower purchase. Heard a lot of Greenpowers customers when they were acquired were Speedy competitors,and they took their business elsewhere when they bought them

Not heard a peep in relation to Hydrogen. Launched in 2023 but almost zero updates since then

Most companies use one,maybe two sites to build a case study for future tender use and to enhance their ESG credentials

Give it an hour and you’ll be able to get these at 26+- a smidge

I think this will struggle to find the legs to get much above 31, even in the run up to the results on 21st

Doesn’t answer any of the questions posed in my post.

In terms of full year expectation comment-

As they did pre black hole in Middle East a while back

As they did pre 20m asset impairment very recently

Borrowings up to purchase assets for contracts mobilised that were claimed last year to “deliver growth”this year, yet hire revenue is “consistent with H1 FY24”

I expect Taylor Swift to be my wife by Christmas. Means nothing even though I said it

Something not quite right here….

A lot of hats being hung on H2 performance AGAIN

The Group's trading performance in the first half has been “satisfactory”- not “in line with expectations?”

Hire revenue for the first half is consistent with H1 FY2024- So is it the same,more,or less than H1/24?

In terms of group revenue being “marginally down” by how much exactly?

What’s being glossed over here?

Seems very vague compared to previous results RNS’s issued

So he did get CEO role after all

Sure.

It says

I'm happy to share that I'm starting a new position as Chief Executive Officer at HSS

Just double checked

https://www.linkedin.com/posts/jon-overman-a4278112_im-happy-to-share-that-im-starting-a-new-activity-7235876486711312384-WExf?utm_source=share&utm_medium=member_desktop

Https://www.linkedin.com/posts/jon-overman-a4278112_im-happy-to-share-that-im-starting-a-new-activity-7235876486711312384-WExf?utm_source=share&utm_medium=member_desktop

Just double checked

I see Jon Overman has today posted on his LinkedIn profile status that he’s starting a new role as CEO @ HSS?

Speedy Hire Plc announces that David Shearer, Non-Executive Director and Chairman of the Company, sold and following settlement, repurchased Ordinary Shares through a Bed and ISA arrangement, in order to affect the transfer of Ordinary Shares to his ISA account.

Sold and repurchased. Holding unchanged?

Confusing to say the least. I suspect HSS will only be given a chance if Sunbelt cannot supply?

Understand that Mitie Grouphave also found a new supplier? Sunbelt have been given the deal

Another big chunk of revenue lost. Slight saving grace is that it’s preferred, and not sole supplier

https://www.sunbeltrentals.co.uk/news-and-blogs/sunbelt-rentals-signs-multi-year-preferred-supplier-agreement-with-mitie/