Staffline Share Discussion Threads

[gbh2] 20/9/2019 13:47

When it hits 30% they're obliged to make an offer.

[dealy] 20/9/2019 13:46

the latter

[gripfit] 20/9/2019 13:31

it could be 'dodged' by having another vehicle to buy them , then when they bid, declare that they actually own substantially more than is disclosed.

[jbarlow78] 20/9/2019 13:22

Can HR still buy shares even though they own 29.9 or whatever? Or when it hits 30 percent can they buy no more without buying the lot? Thanks.

[gripfit] 20/9/2019 12:28

A) is the best option ,, bomb the current board off

[dealy] 20/9/2019 11:16

HRNET has the following options imo:a) take advantage of the hysteria and buy the remaining 70% for 180p to 200pb) stay at 30% and use holding to secure mutually beneficial business between the companies. benefit as a minority investorc) sell their stake to a new buyer at a premium and make a financial gain

[gbh2] 20/9/2019 11:02

30K on line 112 - 114

[jbarlow78] 20/9/2019 10:59

Franki8 can you elaborate please? Im not the sharpest tool in the box ha, thanks.

[gbh2] 20/9/2019 10:59

IF you're looking at HRnet options, they could execute a Merger or a Reverse TO besides simply walking away if the figures don't look right.

[dealy] 20/9/2019 10:56

if demand is slow profits are hard to generate because fixed costs are present. but once demand returns to normal profits can be much higher very quickly. This company can easily make 40m pbt from 2021 on. it also has some tax losses carried forward

[franki8] 20/9/2019 10:47

put an order in for quite a bit, clear to see what's going to happen

[gripfit] 20/9/2019 10:03

can sell 30000 on line at the moment......they want some stock, or HRNET do

[123gmtrader] 20/9/2019 09:26

"schmoozing"

Love it. Wasn't sure if it was an actual word until I googled it!

[nav_mike] 20/9/2019 09:07

Well I imagine they dont want to go with a hostile bid, so they are probably schmoozing big holders and management for a while

From a starting 29.9% and a minimum bid 60% higher than current sp, it shouldnt take too much to flush out another 20% or so

[jbarlow78] 20/9/2019 08:55

What are they waiting for?

[dealy] 20/9/2019 08:44

They will grab the chance. UK will be left without ownership in companies soon because of the short sightedness of institutional investors

[gripfit] 20/9/2019 07:58

It’s theirs for 100 mill ,,,,

[dealy] 20/9/2019 07:00

HRNET has only about a third of the revenue of Staffline yet has 3 times the market cap. So a dollar of revenue there is worth 9 dollars of revenue in the UK. Buying Staffline would be transformational. It would propel HRnet into the big league. Probably they believe they can improve margins as well as take advantage of Apac/UK market synergies.

[jbarlow78] 20/9/2019 06:22

Dreamt HR made a bid last night cos it was Friday and the RNS caused a huge positive surge in the price and chats! Come on Singapore!

[gripfit] 19/9/2019 22:04

They didn’t ,,, so no Effin beers on me ....

[rr4528] 19/9/2019 20:08

I think you'll find if you scroll down you'll see you said beers are on you if staf has good results LOL

[mhm2013] 19/9/2019 20:00

You would think there is a lot of upside! Just need management to step up now and driver.

I would be very surprised if HR moved in next 6 months (hope I am wrong) - could be buying a bag of nails and heavily writing down investment if the company reports a set of results like we have just had!

[jbarlow78] 19/9/2019 19:49

Wonder when the storm ends. Im optimistic anyway having seen how big this company has been in the last year.