Staffline Share Discussion Threads

[gripfit] 28/8/2020 10:17

Lookin good

[john09] 28/8/2020 10:13

Could be a good day here

[mubz] 28/8/2020 10:04

Jim you still in here or did you sell out the other day?

[mubz] 28/8/2020 09:56

Two 50k buys went through then this moved up pretty quickly. Looks as though it's been held back in these area as the mm must have a large order they've been filling

[jimbarlow78] 28/8/2020 09:49

Its had viagra

[dealy] 28/8/2020 09:27

what do you mean? Focus on this case. HRNET can easily get control here. Other companies will be much harder to get cheap

[jimbarlow78] 28/8/2020 09:19

Question plz. Why do some trades not appear in the trades list above but then appear here https://www.nexexchange.com/company-all-latest-trades?isin=GB00B040L800&listingtypeid=PLSU

[gripfit] 28/8/2020 08:22

Get on with it and put me out of my misery lol

[97peter] 28/8/2020 08:21

I see HRNet offering 75p, which I think the II’s have accepted! Still cheap.
PRP have an impressive turnover, % profit and divi payments to shareholders, STAF and HRnet could learn a lot from them, plus a collaboration and merger of all 3 could work?

[gbh2] 28/8/2020 08:15

IF an offer is rejected they can move to take outright control of the company at these prices.

[dealy] 28/8/2020 08:10

Jim, firstly the Grafton rebranding and any redundancies ate NOT market moving events. The stock doubled in a day so the directors are compelled by law to issue a statement. The mistake they made was they could have ignored the whole thing because its a micro cap and the shares are very volatile.None of that matters now however. The share price on the day of HRNET making a bid is not that significant. If it was 70p and they only intended to offer 50p they could still make that offer and the holders would have decide what to do. Similarly a 50p offer next week could be rejected by shares who are under no obligation to accept that or any other offer..

[jimbarlow78] 28/8/2020 07:47

Posts 12337 and 12338

[valhamos] 28/8/2020 07:40

Thanks for the replies- I hope you guys are right, though have to say that putting it in terms of the need to "get 1% margin improvement on a billion of revenue" sounds very easy but a lot harder when you consider over the last 10 years STAF's operating margin has typically been only in the range 2.5 to 3.5%.

It's not a sector I'm very familiar with though I did watch my profits at Matchtech (now Gattaca) evaporate a few years ago when they pursued one acquisition too many and their NFI to operating profit is now only a fraction of what it was.

Still, ever onwards - should be an interesting next few weeks.

[gripfit] 28/8/2020 07:37

Edging down nicely 😂😂😂

[gripfit] 28/8/2020 07:11

Edging up slowly

[hodhasharon] 28/8/2020 05:29

One last thing, still sort of off topic (sorry)

PRP are currently trading at 44p, in January of this year they paid a special dividend:

22 Jan 2020 29 Jan 2020 Special 16.3p GBP

They’ve also paid around 4 or 5p dividends annually since 2007.

Revenue steadily increasing year on year.

They’re debt free.

They make a profit.

80.2% undervalued according to the experts.

Anything not to like?

[lukehold] 28/8/2020 05:25

Course you will, nice plug, does it come with a travel adapter

[hodhasharon] 28/8/2020 05:19

Jetting off to Manilla on business shorty. Will be topping up on Staf from the Business Lounge, and adding a few Prime People to hedge my bets.

This isn’t investment advice, but you might want to at least take a look at PRP, if not now, following the trading update in early September.

GLA

[jimbarlow78] 28/8/2020 05:12

How do none of you have an issue with that? Providing its real that is.

[frankj86] 27/8/2020 21:23

The replies have mirrored my exact thoughts on it.

[dealy] 27/8/2020 19:31

Sorry, I am not an insider but they just have to get 1% margin on a the billion of revenue they have to generate 10m per year in profit and be worth 200m. How hard is that? Tough right now because of Covid and Brexit uncertainty but shouldn't be tough in the long run

[valhamos] 27/8/2020 18:44

FrankJ86 - But do you think HRnet can turn things around? I own shares in HRnetGroup - it seems a well run company with decent metrics but I would rather they write off what little remains of their investment in Staffline than waste further resources failing to turn it around. I'm guessing they must think there are some low-margin contracts to exit/renegotiate or costs to take out for it to work? Do you think that is right? I recently bought a few STAF for the takeover excitement.