Staffline Share Discussion Threads

[gbh2] 16/11/2020 08:27

Got to smile at this SP, recently it shows up Blue every day yet the value o my holding never increases.

[foxymoron] 16/11/2020 08:17

Gutterhead, problem is this used to be a Cumberland, but now it's just an ickle chipolata!

[raggedsoldier] 15/11/2020 19:49

I assume that it'll take months for PeoplePlus to start to draw down any government funding for any new contracts they'll get so I'm not expecting to see it in the revenue any time soon. People Plus only account for 20% of Staffline turnover. Not sure what efficiencies there are to make in the Staffline business. It used to be very tight. Most 'offices' are broom cupboards in customer sites so don't cost much to run other than staff.

I assume a lot of investors were scared off by overambitious execs buying bad businesses to grown Staffline and by the possibilities of more fines for underpayment of minimum wages. I think these problems are solved. I think it"s a sound and undervalued business. The mad ambitions of 2018 to turnover 2 billion by 2023 are gone and sensible organic growth and market consolidation in the teeth of Brexit will see a good recovery and hopefully the return of investor confidence.

[kirk 6] 15/11/2020 13:57

I reckon next week is a week to make major gains I'm certainly not selling a single share until we've hit least 90p. And then I will start selling a few all the way up to £1.80

[gutterhead] 15/11/2020 13:54

Jimbo
This is the week we break through the stratosphere and soar into space.
It’s going to be beautiful

Simultaneously the Cumberland is going to break its skin and spectacularly spit hot fat over the pan.

Get those socks on and strap in

It’s going to be bumpy

[dealy] 15/11/2020 11:57

17m is really a very low market cap. Public companies with no real business have higher market caps never mind a business that will probably have 20m in Ebit in about 12 to 18 months.

[97peter] 15/11/2020 11:28

Totally agree Kirk, plus I see HRNet if they are serious about owning and running this company within their Group need to bid before Christmas a figure roughly around 85-90p or a £1 a share to takeover? Before it hits a log jam of who owns and controls the % ownership and before it starts to turnaround and tick up between now and March 2021 from 30p to 40 in November, 50p in December an so on, upwards. PeoplePlus, the efficiencies, plus the pent up demand to provide 100,000’s of roles will start to see the throughput accelerate.

[kirk 6] 15/11/2020 11:18

Exactly, the business is primed to make advantage of everything going forward. We should not be trading anywhere near 26p more like 86 to 106

[qsmeily456] 15/11/2020 11:04

Too funny....beam this numpty up please he's been banging the same drivel for months 🤣💦

kirk 6

14 Nov '20 - 13:15 - 3142 of 3145

0  3 0

We physically have to be very close to the end of the overhang in stock. Next week we will see a tremendous move higher.

[dealy] 15/11/2020 10:16

Rolling out the vaccination program over the next 6 months is likely to require hundreds of thousands of workers. Warehousing, logistics, transportation, distribution, planning etc. Or am I missing something? Surge in demand for all kinds of resources?

[mubz] 14/11/2020 19:50

Seems as though peopleplus are delivering on this schemeThe Kickstart Scheme provides funding to employers to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. PeoplePlus can work with employers to get maximum benefit from the scheme. ... PeoplePlus can support you with all of these requirements.3 Nov 2020

[mubz] 14/11/2020 19:46

More than 19,000 jobs created by Kickstart Scheme so farOver 19,000 job placements for unemployed young people have so far been created under the government's £2 billion Kickstart Scheme - with tens of thousands more expected in the months ahead.Wonder how much work Staf will gain from this scheme

[qsmeily456] 14/11/2020 13:48

Ok thanks for the detail. I don't disagree with the fact that its a great opportunity or I wouldn't be here.

As you say no one quite knows the timeframe I'm just gambling it won't be in the next few weeks....

Unlike the other idiot that started predicting this in the 30's when it hit 20p lol 😆

[kirk 6] 14/11/2020 13:15

We physically have to be very close to the end of the overhang in stock. Next week we will see a tremendous move higher.

[dealy] 14/11/2020 13:07

just read on the sky news website that job vacancies are at the highest level since all the trouble began in March. 1.36 million job openings advertised. looks like a reasonable environment for Staffline

[jimbarlow78] 14/11/2020 11:35

Any thoughts on how this will go Monday gutterhead

[dealy] 14/11/2020 10:58

Well known fact that HRNET built up a 29.99% stake last year . Since then Henry Spain have built up a near 20% stake (see last RNS).Also on the VAT payment holiday: this is only a benefit to the company. It helped their refinancing act in Q2 and reduces their overall financing cost by about 5m.Operationally speaking, apart from maybe 10m of Ebit that didn't come in over the last 12 months, the business is pretty much the same business that was generating double digit ebit for 10 years. Some things worse, some things better but overall the opportunity remains the same.

[qsmeily456] 14/11/2020 10:47

Assume its not a rhetorical question?

And wheres that official notification?

Because like me they believe in a longer term return in 18 months.

Until then my cash is earning better returns

[dealy] 14/11/2020 10:12

why then have 2 shareholders amassed a 50% stake between them in the last 16 months?

[gutterhead] 13/11/2020 18:12

Chill smelly. Be cool. Buy and Strap in whilst the sausage satellite sizzles

[jimbarlow78] 13/11/2020 16:48

Another 100k too..

[dealy] 13/11/2020 16:37

we had no holdings announcements this week despite about 8% of the shares changing hands.Hunter and L&G don't have to report sells below 3% once they have gone below 3%. Buyers have to report in increments of 1% integers

[gripfit] 13/11/2020 16:29

This could be like Mcbride Plc ,, bad news hammered it , but not really recovered even with all that detergent being sold ... and them buying shed loads of their shares back