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Staffline

July 2023

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:
  • 26p
At the AGM, Staffline said it is on track to hit FY23 numbers, albeit the year will be H2 weighted. There have been market share gains in Recruitment GB via contract extensions and renewals including M&S, which are expected to make a positive contribution in H2. At the same time the Ministry of Justice has extended its contract with People Plus where a two-year extension has been secured subject to performance in year one. Zeus forecasts eps of 3.4p for the current year with 3.9p next year, to drop the PE to 6.7. Keep holding. ...

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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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