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Staffline - New upgrade cycle beginning?

August 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • STAF
  • Price:
  • 1090p
Staffline has featured before on SCSW although regular readers will know I removed the shares from Growth Portfolio 3 last year when I was a bit concerned about the election (which created political/contract risks for Staffline’s PeoplePlus division). Although I took it out of GP3, I said at the time that I would continue to update on the shares in the main body of the newsletter, particularly as the company had outlined an aspiration to grow eps to 200p by 2022 from a baseline eps of 114.5p forecast for this year.Trading on a current year prospective PE of 9.5, I think it’s time to revisit Staffline, if not to buy the shares then to certainly put them on your wait-to-buy list. The shares are well support ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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