Michael Page Share Discussion Threads

[dearydearyme] 13/4/2009 20:01

From Sharecast - KBC says BUY

The first quarter trading update from recruiter Michael Page was predictably downbeat, given the current employment scenario, but the 'balance sheet and brand are still intact', broker KBC Peel Hunt notes.

The broker notes that group net fee income (NFI) was down 32.3% for the first quarter but believes this was a 'creditable result given the global slowdown'.

The company has £75m of cash on the balance sheet, which should comfort shareholders and enable the company to 'weather the downturn and emerge strongly into the next cycle,' KBC said.

The broker has retained its 'buy' recommendation on the stock and has a target price of 240p.

[dearydearyme] 09/4/2009 14:17

looking good for 280

[dearydearyme] 07/4/2009 15:26

will addecco smell blood and come back fro another bite.

cant belive these guys turned down 6 squids

[petethehippy] 09/2/2009 11:43

Whats with the price rise last week?? Up to almost 250p.. something fishy going on.. Adecco back in the picture?

[robo63] 02/1/2009 19:22

Long list of CBB's alias if you look back through the post's here, deary deary me!

Happy new year DW.

[dearydearyme] 02/1/2009 18:55

20 crosses the 50, always good in my book.

[dearydearyme] 04/12/2008 15:17

MPI will survive,only 150 million profit? and when the economy picks up all the people laid off will be hiring again, paying fees and the whole merry go round happens again.

Whats the cash position.

[volvo] 04/12/2008 13:01

Will get worse like everything in 2009.

Buy the miners in March 2009, everything retail, employment, and manufacturing is finished for 12 months.

[imastu pidgitaswell] 04/12/2008 11:28

Fairly mild warning - this year's profits at the lower end of expectations - but as it has developed over only a couple of months, not a good indicator if activity continues at current levels. And not exactly surprising.

[royaloak] 04/12/2008 10:43

kristini2

Judging from the recovery from first thing I wonder if punters are betting that Adecco will bid again. When they dropped the bid in September they reserved the right to bid again after a six month period.

[kristini2] 04/12/2008 10:01

ne broker has a 98p target on page, why didi they not accept a bid of £5 this year??

[dearydearyme] 30/11/2008 14:50

is this company really only trading at 1.3 x profit?

[theband] 08/10/2008 06:51

07-Oct-08 Michael Page International MPI Evolution Securities Add 225.75p 320.00p - Reiteration
07-Oct-08 Michael Page International MPI Panmure Gordon Sell 225.75p 203.00p - Reiteration
07-Oct-08 Michael Page International MPI Seymour Pierce Buy 225.75p 320.00p - Reiteration

Take your pick

[like2share] 22/9/2008 10:38

oversold and has solid support at 240p

[tsmith2] 16/9/2008 10:24

280-290p close of play finish, intra day graph would seem to suggest so..

[theband] 16/9/2008 09:11

Nice one Steve

[masurenguy] 16/9/2008 08:13

No bid at the moment so bid premium disappears - Oh well !

[ellemaitch] 12/9/2008 09:46

Is a bid getting closer . Drifted it down to £2.90 and now up !? hmmmmmmmmmmmmm

[underhill2] 22/8/2008 13:29

With the share price now moving below 360p maybe the
Market now thinks Adecco will not proceed with any form
of firm offer ?

An offer in the region of £6 looks very unlikey. If any offer
is forthcoming can see it being pitched at around £5

[abcd1234] 21/8/2008 10:23

it's got some legs this a.m. !

[basbas] 20/8/2008 10:59

CEO says he'll take £6 a share.

[abcd1234] 20/8/2008 10:40

sharp spike just now on the s.p..... any new info out there?