Staffline Share Discussion Threads

[jbarlow78] 19/9/2019 19:48

Lost 7p in day 1 and already my backside is falling out. From what I can make out, this is a massive company hampered by Brexit anxieties. I guess its one to took away for a couple of years to see any returns like?

[chinahere] 19/9/2019 19:44

I think this is cheap. If they weather the storm they should be earning 25p+ per share yearly. If the People Plus Justice training can substitute for the old work programme then all the better.

[mhm2013] 19/9/2019 19:40

Where to start..

[jbarlow78] 19/9/2019 19:18

Registered today. Bought in yesterday at 119. Just had a little glance through the messages and apart from the silly ones, do any of you have any genuine hope that this price will increase? I know Im meant to do my own research but was wondering if anyone can give me some good feels about this. Appreciated!

[rr4528] 19/9/2019 17:17

Me and Gripfit together have decided to ride this storm out and hold. It can only go up from here. May I also take this opportunity to announce that we are adopting a baby together. We are in love.

[rr4528] 19/9/2019 17:14

Just having a drink with Gripfit and he is adamant a 180p or ABOVE takeover bid is imminent. Not sure what I believe on here anymore..

[rr4528] 19/9/2019 16:53

Why did you capitalise Lorry and Cement.... I thought you was Susie Dent earlier?

[gbh2] 19/9/2019 16:47

Hope he's not going to sell the Cement Lorry to buy back in, that said I never checked whether we are talking about a Lorry or a Cement Mixer?

[gripfit] 19/9/2019 16:43

You have no interest here now do you???

[rr4528] 19/9/2019 16:41

So its not 330p like they said then

[gripfit] 19/9/2019 15:32

Nice that,,,

[123gmtrader] 19/9/2019 15:17

Liberum has released a 25 page report today. It's not great as you would expect but there is hope still and the share price now reflects the difficult time Staffline has had this last year.




We introduce our TP at 190p, nearly
double the share price
The shares are trading on a CY 20 P/E of 4.1x. We believe that this overly
discounts the financial risks. While there is too much debt, we believe
that Staffline has businesses to sell if it gets into a difficult position.
Our 190p target price is based on a sum of the parts. A CY 20 P/E of 4.1x is
attractive and we re-introduce our recommendation with a BUY.
Our TP of 190p offers 58% upside.

HRnetGroup interest is supportive
HRnetGroup, which is a leading recruitment and staffing firm in Asia and listed
on the Singapore stock exchange, has purchased 29.95% of Staffline’s
shares. HRnetGroup had not held shares in Staffline prior to July and the
purchase clearly shows that Staffline is attractive at this valuation.

[gripfit] 19/9/2019 14:49

I’ll be tipping my concrete if a bid comes in the next week

[dealy] 19/9/2019 13:42

Nobody will get that kind of access without first indicating their intention to make an offer

[gripfit] 19/9/2019 13:29

U never know ,, it could be anytime if the institutions get their heads together

[gbh2] 19/9/2019 13:25

imo any Bid, will be after Brexit or even into next year, if it comes at all.

[rr4528] 19/9/2019 13:24

Good guess Einstein. Now lets try get this share price down under 100p so we can buy more and double our returns when HRnet buy it in the next few weeks.

[dansjhall] 19/9/2019 13:23

What’s everyone’s thoughts on a bid timeline. Assuming Adeline is happy with the numbers. Surely would take a few weeks after she gets access to the numbers to run due diligence so assuming she has access as of yesterday it would still be mid October earliest maybe? Just speculating. Rr4528. You may be checking for a while yet :-)

[rr4528] 19/9/2019 12:57

Haha! I keep checking in panicking over it rising with takeover rumours! And yes, twice! You kinky sod.

[dealy] 19/9/2019 12:56

how hard is it to run a business like this? you ensure that your minimum margin per placed worker covers your well spread fixed costs. 3% per year forever

[gripfit] 19/9/2019 12:53

rr4258,,,,, have you tipped your concrete this morning??

[dansjhall] 19/9/2019 12:41

Can’t imagine many people are buying on the hopes of a H2 recovery

[dansjhall] 19/9/2019 12:41

Agree with 123. H2 is going to be flat to negative in regards to performance communicated on Tuesday. Either a bid comes in and it’s 180 or hold for the business earning power not just the current year/quarter forecasts which will fluctuate.

[dealy] 19/9/2019 11:55

89m.pre fund raising. it's now 52m