OVER 43p

thanks for the price update!

decent results from AHT, outlook for builders improving so these guys should see business improving from here - now refinanced following recent rights issue.
Goldman price target above 1, lets hope they get it right for once !!

Analysts quick to downgrade Speedy Hire after update

from the "UPS" thread a bit earlier

SDY 28.675 ( 28.50 / 28.75p )
reason : news today of agreements and adquisition, rising from recent bottom and range 26 / 28p on the chart on a stronger order book

Intraday

3 month Candlestick with volume and 50 days Moving Average

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

5 Jan'10 - Speedy Hire firms up Middle East agreement

Speedy Hire has signed a five-year strategic services agreement with Al Futtaim Carillion, support services group Carillion's joint venture in the Middle East and North Africa.

The formal agreement follows signing of a memorandum of understanding in July 2009.

The group says the agreement means its International Asset Services Division is on track to deliver exit run rate turnover at March 2010 of more than 10m, in line with previous guidance.

Speedy Hire will become AFC's exclusive provider of light plant and equipment across the Middle East and North Africa. It will also provide management and logistical services using its new IT and business process platforms.

Under a separate agreement with AFC, Speedy has acquired light plant and other assets from the JV for 4.1m cash, taking its overall investment to around 8.5m.

Going Ex tomorrow as well

pumben

re - Going Ex tomorrow as well

that is correct

06/01/2010 Speedy Hire Plc (SDY) Ex-dividend (0.2)

Is this the breakout trowards 40p, needs to stay above 33-32p after end of this week at least.

Business Financial Newswire
"Panmure Gordon reassesses its forecast assumptions for Speedy Hire ahead of the update next Monday (Feb 15), increasing its profit forecast to March 2011 from 5.0m to 6.6m based on increasing contributions from the Middle East.

'We believe UK markets remain relatively stable, though any sustained improvement could prove fragile over the short term.

'Nevertheless, we believe confirmation of these trends and ongoing expansion overseas now begins to put Speedy more on the front foot, which is something we have not been able to say for some time.'

Late large trades, after hours 100K and late reporting ahead 200K of ........update due on Feb. 15.

The bounce from the double bottom is more clearly now, next step to break 28p, then all the way to 32p

Nice to see 5yr contract signed; has been sleeping a bit...

good recovery play , heres hoping theres a recovery at some point !

04/03/2010 Speedy Opens First Superstore in Stoke-on-Trent,

One for the "UPS" selected a bit earlier

SDY 29.875p ( 29.75 / 30p )
Reason : Breakout on the chart after going side ways 26 / 28p. news of wining a new contract yesterday after another last month and positive update from the company lately. Panmure Gordon has a target of 41p.

Intraday

2 month Candlestick with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Is on the move up at both sides as large trades are showing on the ticker, at this rate the volume is going to be large

32p +2.50p - Volume and MACD crossing over very positive

results coming next week, any thoughts on which direction this may go, currently reistance at around 35-36p, will this get to 41 or go back to 26 ?

Worth buying at this level, imo. Target 34 - 36p.

any thoughts behind the continual drop, I apprecaite that the whole market is dire but this has broken through the 25p resistance level. Is it possibly linked to the cuts announced by the govt last week e.g. less infrstructure work ?

StockMarketWire.com
"Speedy Hire plc, the equipment hire group, reported sales in the three months to 30 June 2010 were down 0.7%, against the corresponding period last year.

At the UK and Ireland Asset Services division, which constitutes 95% of the Group, monthly year-on-year comparisons have also gradually improved in the first quarter.

Revenue in June 2010 was only slightly behind the same month in the prior year and exceeded 30m for only the second time since July 2009.

Net debt at the end of last week was 134.9m. Cash generation continues to be a key area of focus.

Overall, Speedy are trading in line with expectations, but improvements are dependent on a construction sector recovery and therefore they remain cautious. "

I wonder if this (& AHT) are worth picking up at these very low levels ready for the anticipated pick up in business in 2011/2?