Staffline Share Discussion Threads

[kirk 6] 22/11/2020 16:48

What deal is that Jon?

[john09] 22/11/2020 16:36

Looks like the AA deal is done. Super. STAF next

[qsmeily456] 22/11/2020 16:35

Taking the 100p price, multiplying by the new share count (~69m), adding on £94m in gross debt, adding £15m in HMRC provisions and deducting £37m in cash from the recent raising, I get an enterprise value of ~£140m. Assuming they can achieve their profit forecast, they are currently selling for an EV/EBIT multiple of 7X.

Trouble is the VAT debt is £45m and the share price 30% of that price...

And the profit is breakeven or marginal

And the transformation expensive and slow

So my questions as suspected remain unanswered and unaddressed

So tell me the estimated turnover and profit 20/21 then 21/22

Now tell me how they will pay the c£45m vat debt in 03/22?

And finally tell me the capital requirements of the digital transformation and how that is to be funded in 21 onwards?

Its a placing and a dilution coming...or they go bust....simples

[mister md] 22/11/2020 16:30

'The Board remains cautiously optimistic that each of the three operating divisions will achieve a positive result in 2020 on an underlying operating profit basis'

[mister md] 22/11/2020 16:21

So the top 2 holders have been adding
Directors adding
Legal Gen out or nearly out
Gresham house - they were still adding last year
Any demand for shares from here will surely lead to a sharp increase in the shareprice ?

And should they need to raise some funds at higher levels then no problem

[mister md] 22/11/2020 16:21

So the top 2 holders have been adding
Directors adding
Legal Gen out or nearly out
Gresham house - they were still adding last year
Any demand for shares from here will surely lead to a sharp increase in the shareprice ?

And should they need to raise some funds at higher levels then no problem

[qsmeily456] 22/11/2020 15:51

So tell me the estimated turnover and profit 20/21 then 21/22

Now tell me how they will pay the c£45m vat debt in 03/22?

And finally tell me the capital requirements of the digital transformation and how that is to be funded in 21 onwards?

[mister md] 22/11/2020 15:29

ok, need Staf to get to 1200p again then

[kirk 6] 22/11/2020 15:25

I think what smelly can't get his head round it is the stock prices crashed so much over the recent years. The valuation potential with the economy getting back on its feet and the demand for jobs going through the roof should really bring staff line back to its former highs and glory. £1.80 is a steel and I reckon it might even shoot above this in the next 6 to 12 months.

[mister md] 22/11/2020 15:23

1200p last year

and smelly-smartie wants 33p instead of 36p - ever so slightly greedy

[john09] 22/11/2020 15:18

Already done the former Jim. Twice over

A great week for markets expected and I think this one too

Hold strongly. Good luck all

[dealy] 22/11/2020 15:10

former shareholders have already been shafted. This is the recovery

[kirk 6] 22/11/2020 15:05

I can see this hitting 40p easy tomorrow and then a lot higher as we head and progress through the week

[kirk 6] 22/11/2020 15:05

This business is really turning round now the demand for employment and employment opportunities is going to search when the economy gets back on its feet when the vaccine happens. 2021 will be a blowout year for staff line and the share price will be many multiples of where we are today.

[kirk 6] 22/11/2020 15:04

Fact is you are posting here loads and fact is you said you were buying back In at 33 LOL

[qsmeily456] 22/11/2020 15:03

Like I said I've spent time like I do b4 I invest.

You try burry the issues but I won't let them go away....debt debt and marginal profit leads to refinancing and or dilution.

Shareholders get shafted not salaries

[scubadiverr] 22/11/2020 14:54

And yet you say it could reach £6 in a couple of years only a few hours ago in this thread. It's there for all to see

[qsmeily456] 22/11/2020 14:52

B4 I did the numbers.....its got refinancing and dilution written all over it.....pump and dump

[qsmeily456] 22/11/2020 14:51

Try dealing in facts instead of trying to mud sling.....oh yes you cannot answer the debt issues can you 🤣

[jimbarlow78] 22/11/2020 14:47

Wind up merchant is Smartie. Has everyone on strings with his accounts and thats why I havent muted him, great craic :-)

[jimbarlow78] 22/11/2020 14:46

Defo millionaires next week. Maybe billionaires even :-)

[mister md] 22/11/2020 14:44

.. and yet you were hoping to get back in at 33p ???

QsmeIly456 - 20 Nov 2020 - 11:46:33 - 12813 of 12832
Waiting for the next drop to add....maybe 33p

[qsmeily456] 22/11/2020 14:37

Only thanks to gov deferral.....but its still there and will sink the business without refinancing and dilution.

[qsmeily456] 22/11/2020 14:35

Dealy....you are right but its hair splitting.....the cash profit won't touch the debt due.....so how is that to be funded?