Has Speedy hire turned the corner?
It's looking interesting. Any thoughts?
Takeover time?

Yes I am Harry - no updates in the offing either.

Seems it's taking a breather. There have been a couple of very good contracts won in the last couple of weeks, didn't move the price up but certainly stopped any slide.
Next Update should see them spurt IMO.

Divi payment date tomorrow. Interim results mid Nov. That's about as exciting as this one gets!
I agree........not sliding backwards, which is reassuring!

Speedy Hire to benefit as construction output booms http://valueshare.co.uk/current-portfolio/speedy-hire-sdy/speedy-hire-benefit-construction-output-booms/279/

boonboon, tell the AHT management to buy Lavendon and put me out of my misery.

Been a waste of time buying it about a month ago.

Bought it cos I got a free copy of tip sheet Small Company Share Watch.

Wont be buying a subs from them.

Wish Id bought AHT instead.

interesting rumour:

Can we expect an announcement from Speedy Hire very soon?



NEWS STORY from vertikal.net

We have now confirmed that Andy Wright who heads Lavendon’s highly successful operations in the Middle East, is leaving the company.

Appointed to the role in 2010, his official title was chief executive, international operations, and he has been based in Dubai since. We also understand that he will join the Middle East operations of Speedy Hire and remain in the region.



Wright joined Lavendon from Aggreko in late 2006 as group development director and was appointed head of UK operations in mid 2007.

Vertikal Comment

We first heard of Wrights impending departure early last week, but have been unable to confirm it beyond reasonable doubt – Until now. The Middle East operations of Lavendon, which trade under the Rapid Access banner, have boomed during Wright’s tenure and in the first six months of this year generated revenues of £22.1 million, second only to the UK, while being the most profitable part of the group, generating an operating income of £6.5 million, or 44 percent of the group total.

His departure, which has not yet been officially announced by the company, will be a serious loss, and if as we believe he does join Speedy, a substantial gain for its fledgling international operations.

(duplicated post)

Large volume yesterday and again this morning as it turns up after the pause/retracement

Trading update on 17 October - this could be the start of a good run up to that date.

Nice movement up close to the end of the day

Speedy Hire heading speedily higher!
And volume this week looks like being higher than in the whole of August.

Fingers has posted his latest chart update on the SDY thread on another bulletin board - next target 75p.

A very strong performance by the stock on a very large volume
Has to break 66p in order to be a BREAKOUT and then look forward to next stage

Trying to break the 66p level for the second time today.

A close above 65p would be positive.

Still waiting for that bl**dy gap to be closed!

Gap? :-)

Please stop it skinny, the sight of that chart brings me out in goosebumps!:-)

2 X 1 million buys @64.75. Somebody has the right idea!

Panmure Gordon reiteration: Buy - TP: 74p.