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Staffline

March 2021

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
Staffline has reported that despite Lockdown 2,  there was strong Christmas trading at its blue collar staffing agency. There was especially strong demand from food supply chain customers as well as e-commerce and logistics as a result of consumers transitioning to online retail. There was a slight softening of gross margins as food supply customers tend to be a lower than average margin and there was also a reduction in perm, which is 100% gross margin, but overall operating profit for the year ended 31 December will be marginally ahead of expectations.PeoplePlus has also completed the disposal of its lossmaking apprenticeships business in December, as part of a strategic re-focus on its core employability and adult skills ca ...

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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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