Member Info for jamrock

What amazes me is that we all seem to be saying similar things like all the bad news factored in but what bad news did Staffline announce!. They were in line with forecasted results. A decent explanation for revenue fall and projected revenue to be factored in from restart and full BMW revenue etc. These were just a normal set of results in a company going through a transitional period and off loading non profit or low margin parts. The results were not bad at all and they actually turned in a profit on way less turnover so we should be careful how view them in my opinion. I think we will do fine and think the government may need to offer foreign workers special work permits to help with the labour shortage to fight inflationary pressure. Also our debt is hedged so interest rate changed will
Have little impact

Henry Spain now has over 28m shares and still buying. This is definitely a takeover target in my eyes. I wouldn’t be surprised if HRnet didn’t top up soon enough

Henry Spain knows they’re cheap. Time will Tell. But three transactions showed on LSE so is it a duplicate. Anyway at least Henry has put his money where his mouth is. Now come on Albert it’s your turn.

More buys than sells. Spread is the problem

Are the three 350,000 all the same or different ones from Friday?

Any positive update and we move extremely quickly. I still believe the sell off at results totally unjustified. Not many companies making the profits we are and able to expand without borrowing . While interest rates are rising and cost associated to borrowing people forget cash rich companies like MHC are in a sweet spot. Also in a position to capitalise on growth via acquisitions.
I feel any glimmer of belief that the new products are going down well and sales performance positive then we will seriously take off. Many people eager to understand the way the sales are going and the plan to promote the products more efficiently. I see Randox Adverisements on the tube so maybe we could do well to advertise in gyms etc and also maybe through other social media. Just think we lack advertising at te moment

What a buy 350,000

Peakyblinder
Anything is possible but markets usually forward think and I’d suggest bad news is priced in and the results never warranted a fall. Are they in as bad a position as they were in 2020. The answer is no in my opinion but that’s just mine. Anyway I’ll be happy to pick some more up cheaper if they did fall and wait. You only lose when you sell out.

We are way too cheap and we should have been passed the 2.5p reached recently. I’m sure we will have a run again shortly. The lows recently fall in line with the charts and I’m hoping for us to get back to 2.5p but need to see us break 2p with conviction or we may drift lower after the good news.

The spread has now narrowed so hopefully we can finally get a positive momentum going. It would be nice to think the sellers are out. Come on Albert buy some and install trust.

The big trades are coming through just wish they bought at the time of results as momentum was building but hey they are smart enough to buy now at a bargain price so let’s hope it’s the start of a new cycle upwards. Certainly a positive Signal and all we need is positive news regarding Amazon progress etc.

Peakyblinder
In other recessions we’ve had issues with less work around maybe but this time it’s a recession that may be caused by higher interest rates to control inflationary pressures. Things are very different this time because unlike the last recession we are not in the EU.
This time the government won’t have the capability to allow EU workers in to help bring down the cost of labour and help with inflationary pressures. A lot have returned back home during lockdown and I think we actually have a shortage not a surplus of workers so any recession will have little or no effect this time.
Secondly If we were to go into recession the government would pay Staffline to retrain workers and help find any employment needed to get people into employment.
Once again I think Albert is smart in this field and preparing the grounds by getting rid of non profit making contracts. It will take time but they will get it right. I’ll be happy once the debts are cleared and they can talk about dividends but not worried about a recession that may not happen.

https://investors.myhealthchecked.com/corporate-news/archive/2022/040822

We now know wh bought the 1m share purchase but wh bought the 2m one?.

Peakyblinder
Explain why you think given the strategy in the investor meeting you believe next year will be worse. I actually think it get better as new contracts show dividends. The loss making contracts gone and they eluded to the fact that certain contracts will be in the results like restart. So how’s it going to be worse. We clearly hedged the debt so that’s a clever move. Less staff needed because loss making contracts gone and new lucrative contracts will show up fully in next results. Even in a recession our services required. It will take time though and may be a buyout soon enough at these prices I feel. Who knows you could also be correct who knows for sure

Amazing that HRnet or Henry Spain ain’t mopped up a shed load at these prices considering there buying prices previously. Surely the selling is overdone on all metrics. Whilst I’m not a massive fan of Albert due to his personal miss leading comment regarding buying shares before I felt the overall feel of the company after yesterday’s presentation was positive. I feel they are holding news back on existing contracts to pleasantly surprise at the next results. The problem is how low does the share go before value is seen by investors. Markets are brutal even with presentations explaining things. They see results in black and white and falling revenue didn’t go down well even though it was expected

Selling continues.

I think this overdone but trying to catch a
Falling knife is dangerous but if you get it right may be rewarding. This could easily be private if it continues to fall. Don’t think that’s the intentions but this is a vulnerable company now. I can’t believe we’ve still
Got any debt. Why they didn’t raise enough at capital raise at 50p confused me. I’m sure it will bounce but when.

Hopefully it’s a flush out brighter times ahead. New contracts to show dividends later. Smart move locking in interest rate on debt in this environment. Just waiting for Alberts buy in price

I’m buying now. Personally feel it was a over reaction this morning. They are clearly turning this ship around with new contact wins etc. Interesting to see if Albert buys. He was privileged to new contact so that will be the excuse given 100% and acceptable given stock market rules. No excuse now though!. Perfect buy in price but sub 40p a blessing to LTH. No panic unless you need your cash. New contracts so revenue will keep coming and profits grow while margins increase as inflationary costs are passed onto clients. I also see acquisitions and interesting to see how large shareholders react. They brought way higher after last results so a bargain for them with positive numbers but who knows for sure.
Good luck all and stay positive

Peakyblinder
Your prediction could be correct as it’s fell on results. Strange nothing appears concerning and new contact wins . I’ll have a few more today I think