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STAF Staffline Group Plc

27.15
0.00 (0.00%)
Last Updated: 10:25:15
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Staffline Group Plc LSE:STAF London Ordinary Share GB00B040L800 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 27.15 15,314 10:25:15
Bid Price Offer Price High Price Low Price Open Price
26.40 27.10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Management Consulting Svcs 942.8M -11M -0.0751 -3.62 39.76M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:25:03 O 15,314 26.3755 GBX

Staffline (STAF) Latest News

Staffline (STAF) Discussions and Chat

Staffline Forums and Chat

Date Time Title Posts
20/11/202414:07Staffline group PLC - recapitalised4,115
22/3/202417:09Staffline Recruitment16,703
18/1/202413:31Staffline from 20p 7,104
03/8/202322:51Staffline 2019393
09/3/202118:26COME AND JOIN KOMMANDANT ANT FUCKOROBIC PARTY @ STAFF 100P78

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Staffline (STAF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:25:0426.3815,3144,039.14O
2024-11-20 12:22:0327.15174,22747,302.63O

Staffline (STAF) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Staffline Daily Update
Staffline Group Plc is listed in the Management Consulting Svcs sector of the London Stock Exchange with ticker STAF. The last closing price for Staffline was 27.15p.
Staffline currently has 146,442,415 shares in issue. The market capitalisation of Staffline is £39,759,116.
Staffline has a price to earnings ratio (PE ratio) of -3.62.
This morning STAF shares opened at -
Posted at 13/11/2024 07:41 by gripfit
All those EBT share purchases at 38p are well under water now … what a waste of cash ..
Posted at 06/11/2024 22:17 by tia01
Is going to interesting to see what they say at the next update.

Even more interesting is whether Henry Spain will top us if the share price continues to tick up.

Strange as it appears the shares being sold off but steadily rising.

Maybe someone knows something.

Or Smelly is secretly buying.
Posted at 04/11/2024 17:56 by gripfit
Ffs.,,,, Smelly just get the price up … 😩😩
Posted at 22/10/2024 06:39 by muffster
TiaPossibly not.Getting a lower share price is an excellent opportunity for a fund manager.Remember, Thomas Spain is a NED
Posted at 20/10/2024 07:16 by tia01
Half price from capital raise!
Budget out the way soon!
Is that the trigger!
Or the death of Staffline!.

Henry Spain is smart enough to average at the these prices.
Posted at 15/9/2024 21:01 by tia01
So what’s the views and predictions on share price in the next month. !!!!!!
Posted at 22/3/2024 14:09 by davebowler
Zeus-
Robust results Staffline’s FY23 results present a resilient trading performance throughout tough market conditions. FY23 Adj. EBIT of £10.3m is 2.0% ahead of the £10.1m we forecast and, impressively, is broadly in line with our original £10.4m estimate set over a year ago in January 2023, testament to the Group’s resilient model and strong cost control. The Temp recruitment business has renewed key contracts and gained market share, and, whilst Perm activity has been softer YOY, Staffline has outperformed the wider UK market. Continued trading resilience and strong cash generation reaffirms our view that Staffline’s shares are deeply undervalued.  FY23 results: Staffline’s FY23 results were well flagged in a trading update earlier in the year. Group revenue from continuing operations increased 1.1% to £938.2m, with Group gross profit 1.5% lower at £80.8m, driven by a change in mix as the Temp business took market share but there was weaker demand for the higher-margin Perm business. Group underlying EBIT declined 14.2% from £12.0m to £10.3m and conversion from GP to OP fell 1.9pp to 12.7%. However, these figures are broadly in line with our estimates set at the start of FY23 (EBIT: £10.4m), which we view as a robust performance considering prevailing market conditions and the poor performance of larger peers (see below). The reported figures include one-off costs for the closure of the in-person skills training business of PeoplePlus, including an £8.9m noncash goodwill impairment. A highlight of results was the strong net cash position of £3.8m (ex. IFRS 16 leases), which was £7.3m ahead of estimates prior to the trading update in January, despite £5m spent on share buybacks in FY23. The balance sheet strength facilitated a renegotiation its banking facilities on improved terms, expected to lower borrowing costs.  Labour market: The latest UK labour market data showed very slight signs of softening in measures such as the number of job vacancies and wage growth, but continued tightness through measures such as a low unemployment rate (3.9%). Although, by the ONS’s own admission, Labour Force Survey estimates should be treated with caution due to small sample sizes. We continue to think that there remains underlying strength in the labour market by historic standards and this indicates the potential for a sharp recovery for UK recruiters once confidence improves and labour market activity accelerates. In our view, Staffline is well placed to benefit from this recovery.  Staffline outperforms larger UK peers: Staffline’s results compare favourably versus the UK reporting segments of its large cap recruitment peers. Robert Walters’ FY23 results showed an 18% decrease in UK NFI (16% of the Group) and a -0.7% conversion rate from NFI to EBIT. PageGroup reported UK NFI down 16.4% in FY23 (12% of the Group) and a -2.2% conversion rate. This supports our long-held view that Staffline has a resilient, diversified business model that can outperform through downturns.  Forecasts: Encouragingly, Staffline has had a good start to FY24, with Temp recruitment hours up 5.5% in the first ten weeks and the pipeline for Perm at record levels in Ireland due to recent contract wins such as with the RoI’s Garda. Having adjusted forecasts for FY24 and FY25 earlier in the year (see 24 January research), we leave trading estimates unchanged today. EBIT in FY24 is expected be lower than FY23 due to several profitable PeoplePlus contracts that have now finished. However, there is a large (c. £310m) outstanding bid pipeline for PeoplePlus, which could have a positive impact on FY25 and future years if successful. FY26 estimates are introduced showing a sequential recovery in each division.  Valuation: Trading on 4.7x FY24 EV/EBIT, Staffline continues to be at a steep discount (46%) to the average of its UK recruitment, UK outsourcing, and international temporary staffing peers (8.8x average). With Staffline’s resilient, diversified business model and longstanding blue-chip client base, we think this discount is unjustified. The £5m spent on share buybacks during FY23 demonstrates the Group’s cash generative nature. We remain comfortable with our DCF valuation estimate of 52.5p per share, representing 94% upside to last night’s closing price.
Posted at 05/3/2024 13:01 by edukelis
as expected company stopped share purchases and share price trembling down... only they can manipulate the share price movement now... seems like they done buying. Let's hope for a miracle on 19.03 results day,.,.,.
Posted at 16/2/2024 16:13 by casholaa
No idea at all. I was going to exit at 30p, but I'm going to employ a wait-and-see approach. I can only find one analyst target price of 52p. Yahoo indicates book value at 42p. I'd be hoping/looking for a 100p mark in the current economic climate. I do find it curious that there was no indication in the video presentation that they were not looking to increase margins and expect things to remain the same until the end of the year.... a sort of irrational paranoia creeps into my mind to suggest to me that the share price will remain low for them that want to buy. The share price is possibly so low due to some sort of margin-increase-unwillingness and the current economic climate. If all things were the same as 2019 but we still had the massive dilution, I wouldn't discount 300-375p? The 2018 year they had circa 1.32% profit margin -which is woeful, and it all went downhill after that.
Posted at 22/1/2024 12:34 by edukelis
Grant of Options under Long-Term Incentive Plan
July 2021 - 1,678,279 issued to 5 directors share price at the time was 60p
May 2022 - 2,899,725 shares issued to 5 directors, share price at the time was 50p
if that's not enough
February 2023 - 4,709,040 shares issued to 5 directors for long term Incentive plan, share price at the time was 38p
So as you can see, they were keep issuing themself bonuses for long term incentive plan if they achieve 50% of the Options awarded are subject to achieving earnings per share hurdles and 50% are subject to achieving EBITDA hurdles
Since 2021 share price have tripled down, and as the price goes down they keep issuing more shares to themselves...
How many shares they will issue to themselves this year as the share price is 25p, 6-7m more?
Staffline share price data is direct from the London Stock Exchange

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