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Staffline

February 2022

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:
  • 56p
In the light of a “trading ahead” update for FY21, broker Zeus has lifted its eps forecast to 5.5p. Keynote is that Recruitment GB’s gross profit increased, helped by strong permanents, a focus on growth sectors (such as food distribution and e-commerce logistics) and selective price increases. At PeoplePlus, the four Restart contracts have mobilised and are on track whilst increased digital delivery has increased efficiency. Costs were carefully controlled and drove an increase in the profit conversion from 6.4% to 12.1%, and a more than doubling of EBIT to £10m. Zeus forecasts EBIT of £14m in two years and sets a 100p price target. Buy ahead of results on 22 March. ...

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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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