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Staffline - Aquires staffing agency franchise

November 2012

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:
  • 240p
Staffline’s chief executive seems to have recanted on his previous dislike of high street recruiters, with the acquisition of Select Appointments, a staffing agency franchisor for an undisclosed amount - so we presume it was a giveaway price. Select has been around since the 80s and has 31 franchised offices presently. Staffline says that the plan now is to triple this number over the next three years.The deal is said to be eps enhancing from next year. Strong hold/Buy. ...

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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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