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Staffline - Hits 2014 forecasts a year early

February 2014

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:
  • 597p
The simplest reason why Staffline (STAF; 597p), an industrial recruitment business, is likely to prove a good medium-term investment is that the group has already been doing well despite the severely depressed UK macros in the past few years. Now that macro indicators are blooming and employment intentions for most businesses are improving, the best looks yet to come. Staffline was still a relatively small business when we first met chief executive Andy Hogarth in 2010. It was only after the second meeting in May 2011 that we felt he was a safe pair of hands and added the shares to Growth Portfolio 2. It takes a lot to stop Hogarth from growing Staffline and the net effect of growing organically and a string of acquisitions to bui ...

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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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