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Speedy Hire is Tooled Up to Follow Ashtead's Bumper Share Success in the Profitable Hire Game

2018-06-15 00:12:41

Hello, Share Crimpers. Many of us have made a bit of a killing with shares in Ashtead (AHT), the British company which hires out tools and plant to builders here and in the USA. Of course, it’s not the only player in what seems to be a pretty profitable game.


Looking for Another Soaraway Ashtead? Take a Peek at This Speedy Set-Up

2017-12-06 01:11:00

Hello Share Crumblers. When Ashtead (AHT) rose to 1700p, I thought enough was enough. I sold because I could not see Big Donald’s infrastructure plans coming to much. Ashtead, you’ll recall, is big in the construction industry in the USA. But the share is now tickling the 2000p mark. So a mistake there. Except that it’s never wrong to take a profit. And in this case it was, for me, at least a 10 bagger. But Ashtead is not the only company which hires out tools and plant to builders. Which brings me to today’s commendation.


Speedy Hire – 1 round each in the General Meeting dust-up with Toscafund

2016-09-10 00:36:37

Following a largest shareholder (Toscafund)-requisitioned General Meeting, Speedy Hire (SDY) “is pleased that shareholders strongly support Jan Åstrand's position as Chairman and welcome David Shearer as a director”


Speedy Hire – following ripostes, Toscafund seeks to streamline attack...

2016-09-05 06:49:35

Having hit out (see HERE and HERE), with ripostes from Speedy Hire (SDY) (see HERE and HERE) ahead of a 9th September General Meeting dust-up, Toscafund Asset Management has now sought to focus on what it considers “egregious corporate governance failings instigated by Jan Astrand” (the Speedy Hire Chairman it is seeking to remove)...


Speedy Hire – further responds to statements from Toscafund ahead of General Meeting dust-up...

2016-09-02 00:05:07

Ahead of a 9th September General Meeting dust-up with Toscafund, Speedy Hire (SDY) has again hit back - including noting “inconsistent” statements in “Toscafund does not believe sector consolidation is vital” and Toscafund having previously noted its analysis showed “the only sure way to achieve adequate returns would be by way of industry consolidation”. This as I noted in a previous review HERE (you read it here first)…


Speedy Hire – agrees an asset disposal ahead of General Meeting dust-up with Toscafund…

2016-08-26 06:39:36

Ahead of a 9th September General Meeting after a requisition from largest shareholder Toscafund, Speedy Hire (SDY) has followed a circular hitting back with an announcement of a sale of its large mechanical plant fleet…


Speedy Hire – notice of General Meeting circular hits back at Toscafund…

2016-08-12 07:20:12

With Toscafund having last month requisitioned a General Meeting to seek the removal of Chairman Jan Astrand from, and appointment of David Shearer to, the board of Speedy Hire (SDY) and earlier this week further hitting out in an Open Letter, the tools, equipment and plant hire and support services company has today published a General Meeting notice - and hit back...


Speedy Hire – having already requisitioned a General Meeting, Toscafund hits out...

2016-08-10 06:59:40

Having last month requisitioned a General Meeting to seek the removal from the board of Speedy Hire (SDY) of Executive Chairman Jan Astrand and appointment of David Shearer, the largest shareholder in the company has now further hit out...


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