Staffline Share Discussion Threads

[wilk1] 19/5/2016 08:30

Gift horse stuff at this level. Invesco and Octopus have both been adding.

[aishah] 19/5/2016 08:15

That's a confident statement. Addressed my concerns. Market sleeping. I've added.

[ben12358] 13/5/2016 14:02

There should be a trading announcement on the morning of next week's agm... (the 19th). Maybe that will steady the ship? (as updates appeared to do from Cambria and Supergroup this month.).

[aishah] 13/5/2016 13:31

Chart does not look healthy imo; price below 20,50 and 200 sma. share price down over 27% in the last 6 months.

[ricky46] 12/5/2016 16:03

91,010 trade at 1135 today that is a massive trade

[thomasthetank1] 03/5/2016 12:06

Read Liberum's note on STAFFLINE GROUP PLC (STAF), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B040L800
"Strength at the lower margin Staffing business. Employability referrals are falling but much improved performance at A4E. Now expect the new Work Program to be bigger than the old, and scope for share gains. Potential gap between WP and HWP, but should be mitigated by cost savings. High UK exposure leaves Staffline more exposed to Brexit than others, but probability of Brexit is receding ..."

[thomasthetank1] 28/4/2016 14:07

Read Stockdale Securities's note on STAFFLINE GROUP, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B040L800
"Staffline FY2015 results were announced in late January with all matrices in the P&L showing significant growth. Group revenue rose 39.6% to £702m (16.6% organic), underlying operating profit rose by 56.5% to £30.3m and underlying pre-tax profit increased by 52% to £28.3m. The final dividend was increased by 47% to 12.5p, making a total dividend of 20.0p. The share price at flotation in 2004 was 80p, compared to a dividend payout of 20p alone for FY 2015...."

[wilk1] 27/4/2016 12:47

I was figuratively speaking. It was the same at NAH, nobody interested at £1.90/£2 and then people falling over themselves to buy in at 250p plus. It's just how the market works. My strategy is load up on the dips and sell into strength much higher up.

[aishah] 27/4/2016 12:40

#1217 - Why would it be £13 in a week's time? Maybe Brexit fears?

[davidosh] 27/4/2016 12:12

There should be an Agm trading update on the 19th May. Anyone else attending ?

[wilk1] 27/4/2016 11:08

Getting cheaper but I've been adding. Chart doesn't look so good at present, any reversal here will be quick. Surprised there isn't more buying ? Always the same, can't give it away at £11.40 but people will be happy to pay £13 in a weeks time.

[deadly] 26/4/2016 08:59

...definitely, but looks as if someone's selling out constantly.

[wilk1] 26/4/2016 08:48

Crazy price now ?

[fig1] 05/4/2016 15:48

I predict this baby will double in two years.Fig.

[shanklin] 27/1/2016 08:41

I like the operational side of the business but I don't see how the share based payment charges, this year up to £8.95m, can be considered to be anything other than a core part of how STAF do business.

[caradog] 27/1/2016 07:17

Cracking set of results and a dividend hike of 47%. Reassurance on debt levels, expected to fall to 0.75 EBITDA within a year.
"As a result, we expect to exceed current market expectations for 2016 and continue to achieve strong returns for our shareholders."

[fig1] 26/1/2016 17:02

I'm predicting good numbers.Fig.

[hutch_pod] 18/1/2016 16:38

Previous debt number, unattractive chart, bad market?

[philw2009] 18/1/2016 16:08

What's going on today??

[jombaston] 08/1/2016 13:12

Thanks for all the forecast numbers above.

It is always difficult to assess an acquisitive company when the effect of the acquisitions take some time to filter through.

The A4e deal completed at the end of April. At the time the deal seemed remarkably cheap at £34.5m and even more so now ebitda for A4E Ltd to end Mar 2015 has been reported at £15m.

Later in 2015 Milestone and Diamond Recruitment were acquired in quick order.

So for 2015 only two-thirds of A4E and one-quarter of both Milestone and Diamond will be in the statutory numbers for STAF.

Digging around I find that the most recent annual turnover for these 3 acquisitions combined is some £250m (£166m+£48m+£36m). Assuming these numbers are static I calculate that £132m will come through in 2015 and £118m in 2016.

This means that if the £646m forecast for 2015 is achieved no growth is necessary for 2016 to beat the forecast. So should it really be much of a surprise if the 2017 forecast is achieved in 2016? Put another way, at the start of 2016 turnover may already be running at a rate of £750m or more.

Which then opens up the possibly of getting close to the billion objective at least by the end of 2017, especially if there is another acquisition.

Of course, better to under than over-promise so maybe that is what this is about.

Please DYOR and let me know if I am missing something.

[qs99] 08/1/2016 11:42

why debate this when PENNA (PNA) has an ahead of expectations outlook and upgrades/momentum and IMO looks a better bet? DYOR etc but worth a look....IMO

[hutch_pod] 06/1/2016 14:33

Hi davidosh, davebowler, thanks for the Finncap update.

Positive. But is Finncap basically saying the unofficial 2017 target isn't going to be hit? First time i've seen 2017 numbers..

[shanklin] 06/1/2016 12:43

STAF almost back to yesterday's close.

Have sold the few I added this morning... ...probably far too early. Am yet to make a loss on these dips bit almost always sell prematurely.

Core holding retained.