Staffline Share Discussion Threads

[ihatemms] 27/7/2016 11:50

The most impressive comment from the results is ' We expect to be in a net cash position by the end of 2017' compared to £43m debt now. WOW! - The share price isn't reflecting that news.

[davebowler] 27/7/2016 10:29

FinnCap;

Staffline has reported a strong set of interims driven by 24% organic sales growth in Staffing and the successful integration and turn-around of A4E. H1 EPS was up +49% and DPS up +40% (evidencing confidence in the future). Importantly, this performance was backed by strong cash flow. The second half has started well, with the sales pipeline supporting continued growth. We make no changes to our forecasts or target price (1615p, 88% upside). While Brexit creates uncertainty, we continue to believe the structural demand for flexible labour will remain strong, and Staffline has the proven ability to adapt to changing demand and supply conditions.

[gswredland] 27/7/2016 08:15

Added first thing. They seem confident given the backdrop

[gbh2] 27/7/2016 08:14

Could struggle with £10 for a while but imo should crack it on run up to ex dividend date ;))

[loobrush] 27/7/2016 08:08

Brilliant and up she goes.

[gbh2] 27/7/2016 07:40

Couldn't have asked for more given the state of the Nation, good news re debt reduction & two fingers to the doomsters with a nice dividend increase.

[ricky46] 27/7/2016 07:30

Fantastic results

[fizzypop] 27/7/2016 07:22

Impressive results particularly the 30.7% reduction in debt. Happy holder.

[hutch_pod] 27/7/2016 07:22

Impressive. (Also see the share based payment charge has flipped to a credit of 2.6, I guess due to the recent share price decline. Classified as non underlying - perhaps this helps demonstrates why best to exclude?)

[bigboots] 27/7/2016 07:16

Smashed it....

[fig1] 27/7/2016 07:13

Happy with that.Onwards and upwards.?

[bigbigdave] 27/7/2016 07:03

Superb results :o)

[the big fella] 26/7/2016 21:46

Much depends on the outlook statement. I have been looking at buying but just felt a bit uneasy so will see what they say tomorrow. May have to pay a bit more or may have saved a few bob. Time will tell.

[pastybap] 26/7/2016 20:27

Interims due tomorrow, so I think posting about charts is a tad irrelevant tonight!

[nw99] 26/7/2016 18:18

Great chart min retrace £10

[gbh2] 25/7/2016 18:12

Certainly not the picture they were painting two weeks ago fizzy and no real volume involved with the price moves!

As for twitter, I stopped using it years ago, too full of folk that's too full of themselves imo.

I guess we'll get a better picture come the 27th.

[fizzypop] 25/7/2016 17:07

Agreed gbh2 - the same rise in the last half hour of trading for three days in a row smacks of MM shenanigans. I had expected this to motor ahead before the 27th.

TD below has real concerns about the fundies as tweeted below today:

traderdiary.co.uk ‏@traderdiarycouk 4h4 hours ago

STAF really being pumped on Twitter Debt to profit 9:1 Margin 1.1% Eps / profit flat line Brexit slowdown n off the cliff it goes IMHO.

[gbh2] 25/7/2016 16:56

Not the price I expected to come home to tonight!!

[gbh2] 25/7/2016 12:01

There's virtually no volume driving the highs & lows of the SP, looks like MMs trying to create some interest imo.

[fizzypop] 22/7/2016 16:35

In at 830p just before the spike up. So rare to get the bottom and looking forward to £11 after the results on the 27 July.

[gbh2] 21/7/2016 14:41

Not much buying interest atm, the isdx only has two trades !