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Staffline - Opens record number of OnSites

March 2015

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:
  • 881p
Any reader thinking of buying Staffline (STAF; 881p) should probably act quickly. Despite a superb set of results this month, the company which has been built by recruitment industry entrepreneur, Andy Hogarth, has seen its shares hanging fire with some investors concerned over what a labour victory might mean to the Employability part of its business. But the momentum is so great and Hogarth, who we spoke to again this month, sees opportunities whoever wins the election and adds that the government has just extended the Work Programme by a year.Between 2005-2014 Staffline lifted profits from £2.5m to a record breaking £18.6m on turnover up from £61.5m to £437m. Meanwhile, eps have grown fro ...

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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.

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