Are We Being Miss-Sold Speedy PLC Rights Issues? Just been reading over the rights issue and I’m start to wonder if we are being moss sold the rights issue? I know with the rights issue we were expecting a fall in the share price of Speedy PLC but doesn’t it say somewhere that if we [...]
The Hire Industry – Speedy PLC Just having a little think this evening on what the hire industry could possibly do to try and encourage people to hire tools from companies such as HSS Hire and Speedy. At the moment we are in a downturn (recession as some people call it), we go through a [...]
I will come back and edit this later on using figures from the financial report (2009). But something for everyone to all think about, Although Speedy has large amount of debts (long term liabilities), if the £100m raised (predicted) from the shre rights issue is put to good use and is used to wipe off [...]
Speedy Hire PLC – Current Ratio The current ratio looks at how much current assets and current liability the business has and its ability to pay off its short-term liabilities using its short-term assets. Below using the latest Speedy PLC annual report (2009) I have calculated the current ratio for comparison. http://www.speedyhire.plc.uk/Images/2009%20Annual%20Report_tcm6-1828.pdf Formula Current assets [...]
If you want to learn more about me then you can visit my Facebook page or add me on Twitter.
Copyright 2010 Rhys Gregory. Web design by Cardiff web design. Proudly powered by Wordpress