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Agree, stafflines already ultra slim margins will get hammered.
This is on my watch list, but needs to be far cheaper..
Absolutely correct.
because the market knows that staffline cant fufil its potential , there is a labour shortage everywhere, and all agencies are struggling to find enough people.
Still no RNS who bought 1,5m shares!
Nothing seems to move the shares. Not 2x 500,000 buys
At what point does Henry Spain have to declare who he’s buying for. I’d like there deep pockets at these prices
Wow!
Two huge buys
Still getting mopped up so suspect Henry Spain got an order to fill
http://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3774&customerKey=Staffline&storyID=15570000
Who is Henry Spain buying all these share on behalf of. Your money would definitely say HRNET are ready to pounce but why is the share price still falling!.
What price would they offer?.
This has all the hallmarks of a textbook takeover shortly and Albert joining HRNETs board as a Non Director. Two announcements in one one day.
If Staffline is in talks with HRNET they should declare it in my opinion because saying nothing is letting shareholders value evaporate only for any offer to be lowered and give his role today Albert has a vested interest
Maybe he just likes the extra cash?
http://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3774&customerKey=Staffline&storyID=15568613
I’d guess Alberts appointment to HRNET is paving the way for a takeover
Henry Spain is also not spending his own money.
You'd have thought so, but risky market when no one wants to work...
I’m sure Henry does, but his logic escapes me.
I think you should explain your thoughts to Henry Spain. I’m sure Henry knows why he’s buying bugs Another large buy of of 225,000 today.
New contracts revenue to be included in next accounts etc and I’m sure the costs are being passed on to to employers.
I do however think they should have raised more at capital raise price of 50p to ensure everything was paid off and debt free.
To be fair that's an interesting point...3-4% rises in costs when your margins are barely that..
I’ve posted before about why Staffline are likely to collapse. That view is far more likely now interest rates are soaring.
Their GP percentage is so appallingly low that borrowing costs are likely to be the final straw that brings them down. The last two years have been massively helped by the VAT deferral, the extra round of funding and minimal interest rates. Those bonuses have disappeared and I struggle to see how they can survive much longer.
Getting closer to 30p....
One thing for sure is Daniel Quite was very smart to lock in interest payments on the debt. May prove be the best move and shows he’s a smart guy
Henry Spain buying spree again I see
Some large unknown trades last weeks. I wonder if a RNS will follow if these transactions are linked to someone with a vested interest!.
Peaky,
When it gets to 30 pence, can you buy me one million please. will pay you back
Peakyblinder
Any thing possible but at least more activity today. Hopefully the board will buy if they believe in the company and wish to install confidence
Got a buy set at 30p, don't think it will be long...
They want to take this private clearly. Said it before.