||EPS - Basic
||Market Cap (m)
Staffline Share Discussion Threads
Showing 1701 to 1721 of 1725 messages
|Have you heard something from the SThree meeting today?|
|Is the market reading across from SThree whose recent results and the outlook statement were less than inspiring?|
|Hopefully a successful retest of 1200 and this can act as support going forward.|
|Great to see - finally :o))|
|Breaking out :o)|
|The Telegraph article posted above (1675) says that AH has a 6% holding. I reckon that's about 1.67 million shares (but please check my arithmetic)|
|Post this transaction AH retains 1,513,629 shares according to this site -
|Would like to know what his holding is now.No info anywhere that I can find.
At least with this sale there is not likely to be any bad news short term :o)|
|yes, it was RNS'd
|WheelieDealer @wheeliedealer 9m9 minutes ago
STAF CEO sold 55k shares at 1150p each....
0 replies . 0 retweets 0 likes|
|Maybe they will, valuing Oak recruitment in the same vein as staffline €2.5-3m would seem to be a reasonable valuation for it.
"Oak Recruitment, with 10 employees, turns over about 10 million euros (£11.53 million) a year, making pre-tax profits in the region of 300,000 euros (£346,000)" Nottingham post|
|I assume that means they won't be completely wiping the debt this year then?
I agree though good to see them expanding, one step closer to £1billion revenue.|
|Good to see STAF acquiring again - and in the Republic of Ireland, so this will help operations post-Brexit too.
Finncap have reiterated their Buy and 1615p target, leaving their forecasts unchanged.
Interestingly, they say they "expect contract wins to be announced throughout 2017".|
|Surprisingly not much detail though..|
|Hope so but it is looking good! Let's get to 1200 first guys|
|Breaking out to £16 (hope) :o)|
|Some other news around as well it seems...|
|cheers Riv...sounds good.|
|Finncap's note reads well - here's the rest of their investment summary FYI:
"Contract wins likely. Right at the end of 2016, the Government awarded
positions on the new Work and Health Programme framework. Staffline won a
position on all seven regions, the only company to do so. Contracts will now be
bid for and the scene is set for Staffline to announce a series of wins.
Breadth of opportunity. On top of this framework (which is likely to be worth
c.£1.7bn over four years), Staffline has opportunities in providing
apprenticeships (funded by the £3bn levy), win further probation contracts and
grow its communities work.
High standards and quality of service. Some providers of blue collar,
temporary workers operate questionable working practices. Staffline has built
its brand on providing the highest quality of service, fully compliant with
regulations and actively engaging in improving market working practices. This
has supported market share gains as competitors have struggled to survive
under tighter regulation and a greater focus on quality by clients.
Strong cash flow. Other than a timing issue at the end of FY 2015, cash flow
has been consistently strong. Operating profit conversion was 117% in 2016
and averaged 95% over the past five years. A move into net cash is possible in
2017 (we forecast early 2018).
1615p target based on sum of the parts. We value Staffing at a 20%
premium to Hays and SThree due to the better growth track record and
Peopleplus at a 25% discount to the outsourcers given the need to renew or
|This morning -
Framework position secured, contracts next
The share price is factoring in significant risk on Staffline’s ability to replace its Government contracts and weather any storm that Brexit produces. However, Staffline is the only company to have won a place in all seven regions of the new Work and Health Programme framework, flexible labour (such as that provided by Staffline) is an essential part of the UK economy and the group has a proven ability to continue to grow against changing market conditions. We expect contract wins to be announced throughout 2017 and reiterate our Buy recommendation.
020 7220 0549|