Staffline Share Discussion Threads

[rivaldo] 23/6/2016 11:08

RNS just out - Slater has been buying....

He's now gone over 3% with 861,000 shares. This should attract some attention on the markets:

[deadly] 23/6/2016 10:02

someone's keen, sharp momentum increase this morning.

[rivaldo] 23/6/2016 09:26

Lovely recovery...but hopefully just the start.

[rivaldo] 20/6/2016 14:31

Nice bounce - and perhaps today's grant to options to the CFO at 991.5p indicates that STAF believe this is the low point.

[rivaldo] 02/6/2016 11:58

Finncap today reiterate their Buy and 1700p target:

[luckymouse] 02/6/2016 11:34

Few sectors like retail, recruitment etc taking a sentiment beating on brexit refi. Those sentiment things always pass

[deadly] 02/6/2016 10:16

Gone XD today for 12.5p but price has not dropped.
Very cheap with good growth prospects. Can't understand why the price has fallen so much in the last 2 months.

[pippin6] 26/5/2016 12:20

Is there an overhang here or are we searching for support ? Fundamentals very cheap !!

[rivaldo] 23/5/2016 14:20

Latest forecasts from Finncap:

this year : 117.1p EPS, 23p divi
next year : 122.9p EPS, 26.5p divi

Cheap. And this year's forecast is now up from 94.9p EPS one year ago and 108p EPS six months ago.

[luckymouse] 20/5/2016 10:45

Don't know if this will base here or fill that gap with Brexit sentiment (already extremely O/S!) - but when that passes I reckon its worth a LOT more than this: 1500-2000 area.




free

[hutch_pod] 19/5/2016 18:17

MartinMe neither. I might try to find out.I guess I thought today the SBPCs might actually be a credit for once, which could actually justify adjusting out...CheersHP

[thomasthetank1] 19/5/2016 17:59

Read finnCap's note on STAFFLINE GROUP PLC (STAF), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B040L800

"Staffline has confirmed that in the year to date the group has continued to make “excellentR21; progress. We forecast 28% EPS growth in FY 2016E and current trading is in line with expectations. The group started the year with a record new business pipeline in Staffing and momentum has continued to build. In the Employability division, tangible improvements are being delivered on the Work Programme Contract performance. We maintain our view that Staffline..."

[aishah] 19/5/2016 15:15

finnCap reiterate BUY and 1700p target

[rivaldo] 19/5/2016 14:08

"FINANCIALS: Staffline Group builds on ‘transformational’ 2015
Thu, 19 May 2016

Staffing services, outsourcing, training and employability firm Staffline Group has announced at its annual general meeting that its current trading is in line with market expectations.

Chief executive Andy Hogarth said the company’s staffing division had built on the momentum of entering 2016 with “a record new business pipeline” with strong performance following a “transformational” year in 2015.

According to a pre-released statement, Hogarth said that the customer demand for flexible labour had continued “unchanged” despite the introduction of the National Living Wage in April.

He went on to say that PeoplePlus, the group’s employability division, was benefitting from the early completion of integrating its acquisition of welfare-to-work services provider A4e. The integration has delivered what Hogarth called “tangible improvements” in the business’s Work Programme Contract performance".

[shanklin] 19/5/2016 13:27

HP

That's a very reasonable question.

I must admit to not remembering or never having known exactly how the SBPCs are calculated. In general however, I still think it is inappropriate not to back them out when generating adjusted numbers.

Best wishes, Martin

[hutch_pod] 19/5/2016 12:07

Hi Shanklin

Yes I think I read your original post(s).

So with the substantial share price decline, wouldn't this limit the SBPCs for the interims?

I had this idea there would be a stack of old and new SBPCs, the old ones revalued for say 1150 vs the 1400 at year end, generating a 'profit', vs the new ones generating a cost - and not sure if the employees have to pay an exercise price?

HP

[shanklin] 19/5/2016 11:53

HP

As I have posted here before, just after I sold what was a fairly large long-term holding for me, I view the share based payment charges as core to their business model. STAF have these every year and IIRC they are gradually getting larger; presumably they are used to retain and motivate staff.

Once the associated adjustments are reversed to give what is IMHO more realistic figures for how the business is doing, STAF looks nowhere near such good value.

Indeed this was the key reason for me selling.

HTH. All IMHO.

Cheers, Martin

[luckymouse] 19/5/2016 11:42

touching a long term trend line here...

[rivaldo] 19/5/2016 11:07

Finncap have today reiterated their Buy and 1700p price target:

[hutch_pod] 19/5/2016 10:10

I guess the Share Based Payment Charges shouldn't be an issue at least at interims.

Wonder if they become a +ve to profit.. I can see why they are Adjusted out.

[aishah] 19/5/2016 10:10

Liberium forecast eps 111.3p fy 16 and 122p fy 17 post the results back in Jan. Cheap, based on today's statement. The have proved the doubters wrong - value will out eventually. I'll keep adding on weakness here. dyor

[rivaldo] 19/5/2016 09:49

I've also bought some of these on the dip.

A very well-run company (saw them present a while ago). Been waiting for this opportunity for a while.

[wilk1] 19/5/2016 09:05

Bloody sets trading kills this. 120 shares move the price down 15p