Staffline Share Discussion Threads

[kirk 6] 23/11/2020 03:49

Going to rocket this weekNews out yesterday - Covid vaccine could get the all clear in UK by end of week. It will be £1.33 in no time

[scubadiverr] 22/11/2020 23:17

We get it that you want people to sell so you can buy at 33p. Your smartie but not so smart

[qsmeily456] 22/11/2020 23:03

Boris is about to announce further lockdown measures until Easter.

US is out of control and it will be months b4 the vaccine has an impact.

On that basis staf numbers will be hit and this could quite easily slide back to 20p.....unlikely but possible

As for massive rises its pure speculation and hope of fictitious bids.....as non has appeared ever so far

So beware of rampers and take a balanced view.

26p was fairly risk free

38p to 26p is a big % drop

38p to 40p plus is a small % rise

The good news is out re vaccines, now its a no deal brexit, further restrictions rising c19 numbers and markets taking a battering as oil inventories rises again through lockdowns

[gripfit] 22/11/2020 21:44

I make him squeal ..... that’s why he’s been staying away ...😳😳;😉😉

[gutterhead] 22/11/2020 21:05

The good news grip is that after some ripping, you’ve got a choice now 👍
Jimbo squealed like a piggie 😂

[jimbarlow78] 22/11/2020 20:33

Ive been in gutterheads dungeon all weekend. Hes strapped me in and put dvt socks on my feet and stuffed a pool ball in my mouth :-(

[gripfit] 22/11/2020 19:54

to be honest , im old school , and cash is king ,,, but its not these days ,,, DEBT IS KING ,, weirdly,, i give up now valuing things,, technically the stock mkt should now be 4000, and house prices in the duldrums, and as for cars ... but its the opposit

[gripfit] 22/11/2020 19:50

FFS , jim will you get home , ive not seen you since friday ....

[dealy] 22/11/2020 19:12

There is another important aspect here as well, namely compliance. As we saw with the Boohoo slave labour scandal it's absolutely imperative that staffing agencies can prove they are ticking all of the boxes - else the end customers themselves will be on the hook.This requires scale and systems which Staffline has.

[kirk 6] 22/11/2020 19:03

Well I think we can strap in for a fantastic week ahead, as the trade deals are starting to get in place the economy are starting to get on its feet and a vaccine is starting to get rolled out. In fact for staff line it doesn't even matter if the more lockdowns we have as all the essential workers such as supermarkets etc will help revenue and turnover develop the business and grow the business.Roll on 40p tomorrow

[qsmeily456] 22/11/2020 18:55

Agreed dealy

[mister md] 22/11/2020 18:43

and a strapon for Qsmelly-smartie

[gutterhead] 22/11/2020 18:41

Strap in
Full body harness
Neck brace
DVT socks
Lycra pants
Adult nappy for peak excitement

[gutterhead] 22/11/2020 18:36

Hrnet may not be able to resist. A one off opportunity to buy £1bn turnover every year, for under £100m

[mister md] 22/11/2020 18:30

you're bidding for Staffline ? ;-)

[dealy] 22/11/2020 17:42

I think there is a lot of unnecessary working capital in the business and the management are now grooming this. Plus they took out 13m of opex.They also raised 37m of equity just 16 months ago and they haven't completely imploded since then. That was considered sufficient at the time. Maybe they are 10m off plan due to poor performance in 2H19. But the VAT money helps and could be extended possibly again.I can't see them needing more than 10m of equity and there are probably plenty of takers for that.

[qsmeily456] 22/11/2020 17:35

Smart man dealy....all credit to you.

Now let's address the investment requirements to transform the business.

What we can both conclude is costs have to be reduced fast, property being the big 1 and investment made now.

I have no problem in them doing an underitten 1 4 1 offer or 10 4 1 offer to exiting shareholder at a discount.

But will they do that.....nope it will be at a discount placing where existing shareholders get shafted like last time is my guess...but it is just that.

They have to raise cash its that simple. How they do it is the question?

[kirk 6] 22/11/2020 17:24

Who knows I could be another potential bidder to take over staff line as the economy takes off again. It's quite clear the board of directors are turning the business round and they're better times ahead for shareholders and the company itself

[jimbarlow78] 22/11/2020 17:19

I also think personally a takeover bid will be soon. Now would be their last chance to buy this out at 100p approx. In weeks that will be far too short to be accepted. IMO of course.

[jimbarlow78] 22/11/2020 17:14

Will be a massive forced demand by the government to get everyone off benefits again and back into work. Recruitment is gonna be massive. Hold for gold here. (For balance it could magically go to 10p Monday 8am on news). Just my opinions above guys and onlookers plz invest carefully DYOR

[jimbarlow78] 22/11/2020 17:11

This is why im no longer anxious. Been a tough few months here for me personally as I dont have the capital some of you have. But now im fully invested again and done a lot of homework when I bought in a few weeks ago and said 25p was the floor. Albert Ellis is a winner. They are streamlining the business for better quality. Henry Spain throwing millions at it with assurances it wasnt bust. Brexit done soon plus vaccine = all unknowns gone and HUGE employment requirements

[kirk 6] 22/11/2020 17:00

A realistic market Here given the current potential is about 150 mil. If this was listed on any other stock exchange it be worth billions.

[john09] 22/11/2020 16:56

See how easy STAF could move to a modest market cap of just £40m.. Equates to an immediate 58 pence a share !

[john09] 22/11/2020 16:55

£2.6bn debt i believe and only £200m equity !

[mister md] 22/11/2020 16:48

and Aa has 3 billion debt