Member Info for jamrock

Buying price moved up but need the selling price to follow to narrow the spread.

We shall see when they update the market on BMW contracts and others that weren’t factored in the last results. Debt at a fixed rate and able to pass on costs to employers. Sorry but I feel those that bought at 90p may have a wait but at these prices and an RSI I am very comfortable. Irish sector flying and Director buys show confidence. I’ll reserve my judgement until update. Either way 37p is cheap for a company with a billion turnover and Mr Elliss joining the board of a company who paid 10x todays price for a percentage of Staffline is a perfect signal a takeover possibility. Just one’s opinion

https://investors.myhealthchecked.com/corporate-news/archive/2022/251022
Not the RNS I’m waiting for but accounts for the large unknown share transactions

Staffline is poised for a significant move upwards. Oversold on many indicators

I think we will see a huge significant rise shortly which will be fuelled following good news on retail contracts and further products coming to market. Don’t really believe current products are doing that well otherwise we would be singing and dancing about them. I also believe given our cash position a takeover is on the cards for sure given the distressed companies around. As for Directors they never care about stock price’s unless they need a capital raise which we don’t so I don’t expect the share price to be priority for Penny unless she plans a huge acquisition

Staffline could move higher soon. Shares Trying to move higher. Large buys needed and then momentum

People selling at 1.4p. Penny clearly needs to install confidence

Hays is bucking the trend. It’s moving up while we are going the wrong direction. News soon hopefully

Sad to see this at these levels but 3 year chart in play and now could back to 5 year low. Crazy with so much cash. News needed to stop the fall

https://uk.finance.yahoo.com/news/landlords-face-mortgage-crunch-cost-050000159.html
As I’ve been saying, we have a huge problem on the horizon if the mortgage lenders don’t change their criteria. Landlords will be forced to sell and cause a mega crash. Government need to install calm otherwise property market heading for a huge crash started by mortgage lenders making up there criteria

Callisto
How can inflation be transitory!.
This can only be the case if assets are rising but in a world when the one asset most people pay over half there wages for is falling that’s a dangerous scenario. House prices falling is only a bonus for new or first times buyers with huge savings who will pick up the same assets at distressed prices. Over a period of a 10 year cycle the prices will rise again but not in current environment.
A person buys a house at 1.5% interest rates and then has to remortgage at 6% currently.
The asset may fall upto 10-20% depending.
A huge debt to be serviced at huge extra cost only to realise it’s worth less,
Sorry inflation is not transitory for that person it’s more like a burden

Wigan warriors
No builder is prepared for high interest rates and over 10% inflation. Less people able to afford or meet the buying criteria. Sounds like a scenario that will lead to huge dilemma for house builders who will have to discount to attract buyers. The bottom line is it will show up soon enough on the balance sheet as margins get hit and home prices fall.
This is not a situation house builders are well prepared for and they will be forced to preserve cash and I strongly suspect dividends will be cut.
Once the government signal inflation is falling the Bank of England will move swiftly to cut interest rates to move the markets again but this is a long way off in my opinion.
The world needs good news. Either falling inflation or a resolution to the War in Europe to begin to feel positive.
Until then I see lower lows with house builders however we could in a good place if a buyers in Taylor wimpy shares is taking a long term view. I personally think any news of dividends being cut and we head down to 50p swiftly. Hope I’m wrong though

A few nice buys so maybe something happening. Also I wonder if a RNS is on the way. Could be a Directors buying at nearly 2m unknown!. Positive sign

The technical charts are showing we are at the bottom end of a rising trend from February 25th however if this breaks down the next support is the 3 year trend line at around 1.4p then finally if that goes then back to 5 year chart around 1.3p. Crazy I know but let’s hope it’s holds up as a surge from these levels could see us move higher with a big bounce. Buying momentum required for a reversal and to see this I feel good news is required

Penny and the board should seriously consider there positions. Destroying share holders value and don’t appear to be bothered about the share price. Surely they must be aware of either deals regarding retailers or how current products or even ongoing Covid products are doing. No news is sending a chilling message so the sooner something positive the better.

No news and the share price drifting lower. The board of Directors must realise share holders value is being eradicated due to lack of communication. How difficult can it be.

Hays slowly creeping back up from lows. Maybe Staffline will find a bottom to bounce off shortly. RNS needed

The government need to be brave if they can impose windfall taxes on energy companies etc go one step further and impose a windfall tax on Amazon, Costa Coffee and others that evade out tax system and take money generated from hard working Uk citizens and send it abroad.
Amazing money made in England fuels companies in the USA while we foot the bill with higher taxes.
How long would it take to repair our 62billion debt if these companies paid fair tax like ordinary Joe public does?.

Slipperz
I wouldn’t say landlords get money for nothing. They provide a vital service that government have failed to do so as a result of selling off there housing stock u Dee Margaret Thatcher.
Landlords deserve more credit and also ensure people are in work such as maintenance issues. Yes some bad ones but many good ones.
Landlords are taxed on full rental income and still have to pay a mortgage and keep there families so yes imagine if every business was not allowed to right off their expenses which is what a mortgage is. Yeah the countries self employed and entrepreneurs would be bankrupt

Stalin
The last crash was definitely different and no inflationary pressures and the world could drop interest rates to help kick start the economy and effectively this helped both home owners and house builders.
This time they are raising them with inflation, cost of living crises and energy crises so I see this to be much worse.
Also might I add legally landlords are only permitted to raise rents once a year however interest rates are being raised several times a year. Many landlords rent won’t cover the mortgage so expect either a flood of sales or landlords being repossessed under current tax rules that state all rent is taxable. Most landlords have been forced into 40% plus national insurance at 11% so effectively paying over 50%. Not sustainable and expect repossessions and many homeless tenants very very very very soon.