Sthree Share Discussion Threads

[tomps2] 31/1/2023 08:36

SThree (STEM) Full Year results 2022 – January 2023

STEM CEO, Timo Lehne, and CFO Andrew Beach present Full Year results for the period ended 30 November 2022.

Watch the video here:

Or listen to the podcast here:

[tole] 11/1/2023 18:16

https://masterinvestor.co.uk/equities/small-cap-catch-up-iodine-and-global-specialist-vacancies/SThree (LON:STEM) – Contract Growth Showing Through StronglyThis group provides specialist contract and permanent staffing services for the technology, engineering, life sciences, banking and finance, and other sectors.With operations across the globe, its diverse base of over 8,200 clients spans across 14 countries.It is the only global specialist talent partner focused on roles in Science, Technology, Engineering and Mathematics, hence its market code of STEM.At the end of this month the £525m capitalised group will be declaring its results for the year to the end of November 2022.Broker Liberum Capital analyst Sanjay Vidyarthi currently has a Buy rating out on the group's shares, with a price objective of 725p a share.His estimates for 2022 show an increase in net fee income to £431m (£356m), profits before tax of £76.5m (£60.0m), earnings of 40.2p (30.8p) and a dividend of 16.1p (11.0p) per share.Liberum goes for £81.2m profits this year, then £91.1m next year, worth 41.9p then 46.1p per share in earnings.On such estimates it is, perhaps understandable why Vidyarthi has such a high price aim, but is it realistic enough in such times?We shall get a more interesting update on the group's affairs come 30 January.As at the end of November last year it had a £65m net cash balance, which shows its strength.In the meantime, its shares are trading at around 386p, off 30p yesterday.At that level they look ready for buying ahead of the finals.

[tomps2] 14/12/2022 15:15

SThree (STEM) Full-year 2022 trading update - December 2022

SThree CEO, Timo Lehne and CFO, Andrew Beach present a full-year 2022 trading update for the year ended 30 November 2022. A record performance for the year with double-digit growth across all regions.

Watch the video here:

Or listen to the podcast here:

[kalai1] 14/12/2022 14:24

Sthree plc issued a FY22 trading update this morning reporting record performance for the year with double-digit growth across all regions. Group net fees for the full year were up 19% YoY to £430.6m, all regions posted double-digit growth. Sectoral and divisional performance was broad-based strong. The balance sheet remains solid with net cash at £65m. CEO Timo Lehne did note that “Towards the end of the year we started to see a softer trading environment, reflecting the uncertain macro-economic conditions.” Valuation is relatively attractive with forward PE ratio at 10.3x, share price has also generated some near term positive momentum with a Q4 rally. With growth slowing through H2 2022 and recession likely next year, macro risks are the main cloud to the investment case. STEM is well worth monitoring for the medium term, but it may be a little too soon to buy...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/STEM/636

[riverman77] 14/12/2022 09:30

I would argue that a slowdown is already more than priced in (in normal conditions would expect this to trade over 600p). Therefore looks very good value on long term view, although will probably be a bit weak in the short term, at least until there are signs that trading is picking up again.

[gswredland] 14/12/2022 09:23

Interesting you mention that riverman. Looking to get in here but that put me off
A retrace to 350?

[riverman77] 14/12/2022 09:05

Everything looked incredibly positive until the bit tucked away at the end about trading softening in recent months - probably explains the drop this morning.

[alter ego] 14/12/2022 08:15

Strong trading update today

[tomps2] 17/11/2022 15:48

SThree (STEM) Investor Briefing Series - Growth Drivers - November 2022

SThree plc, the only global pure-play specialist staffing business focused on Science, Technology, Engineering and Mathematics (‘STEM’) skills, hosted the first in a series of investor briefings providing insight into the Group’s markets, strategy and operations. Here, CEO Timo Lehne and CFO, Andrew Beach cover the Group’s unique market position and long-term structural growth drivers.

Video:

Podcast:

[tomps2] 20/9/2022 17:31

SThree (STEM) Q3 2022 Trading Update presentation - September 2022

Full-year profit performance expected to be ahead of consensus. Timo Lehne, CEO & Andrew Beach, CFO outline the Q3 trading update to analysts.

Watch the video here:

Or listen to the podcast here:

[battyliveson] 10/8/2022 11:21

I heard the phrase that there is an "under-employment" problem rather than unemployment. Firms are struggling to hire what they need. If this is the case then a good quality recruitment firm should do well assuming they are networked into the best individuals in the market, at a time of high demand and growing wages/contract prices. However, if they are just CV chasers, then there is no barrier to entry. Hopefully market releases in September will show they are in the right place.

B

[riverman77] 26/7/2022 15:59

Also a sharp drop in RWA - looks like a sector thing, but can't see anything obvious.

[chopp1] 26/7/2022 15:42

Anyone know why the share price has dropped nearly 8% today? Is someone shorting the stock? A most peculiar movement after the results yesterday.

[tomps2] 26/7/2022 09:30

Sthree H1 22 results presentation given yesterday.

Superb results:
Net fees +25% £203.1m
Op profit +62% £44.6m
Contract order book +35% on May 21 at £181.8m

They are in a sweet spot providing STEM talent, which is in short supply, and providing contract labour which fulfills a move to an Employed Contractor Model (ECM).
H2 will see heavy investment, FY 23 investment all falls in this period.

They are laser focussed on finding the best returns for the business.
A new CEO and CFO. The CEO was responsible for the huge success in the DACH region.

Video:

Podcast:

[baddeal] 25/7/2022 18:42

Way undervalued imhoPositive comments from Numis today as well

[battyliveson] 25/7/2022 11:23

some small director buying another positive sign

[welsheagle] 23/6/2022 10:09

Techinvest have added Sthree to their portfolio

[investing2retire] 21/6/2022 17:49

i did well on this one last year.looks a good point to try again

[primarch1] 20/6/2022 10:46

Very impressive considering all the doom and gloom taken a position today on that update fall seems too far overdone now.

[martinthebrave] 20/6/2022 09:04

Cracking Update today. At least 5% Ahead on PBT & 25% Up on Rev's. Quality company albeit cyclical. I Hold.

[matthew palmer] 09/4/2022 13:22

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a message.

[rdotcom] 23/3/2022 15:09

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=STEM.L looks promising

[wall street trader] 21/3/2022 16:35

Have put these on my watch list - market thinks people are stupid - these will be a good long term hold if they go down much more

[barnesian] 21/3/2022 10:04

The results look excellent!