Staffline10 Jun 2014 13:45
As an owner of a (much smaller) recruitment company, I see plenty of potential in Staffline shares, notwithstanding the recent dramatic rise. Not only are they acquiring wisely, but their long established, core outlets will almost certainly be flourishing significantly now that the economy is growing. Longer term, the continuing increase in tax thresholds for the lower paid will weaken the many rivals of Staffline who have forged business models out of appropriating temps' tax relief. Staffline have scrupulously avoided such tactics and, as the amount of tax paid by those on or around minimum wage declines, they will win plenty of business from the countless rogue rivals that will lose their competitive edge. No-one should be surprised if some short term profit taking/market correction occurs but, long-term, these shares are gilt-edged.