Staffline Group (lon:staf)
Staffline – I Am Expecting A Big Rise.

Staffline Group Financials

ItemCurrent PeriodPrevious Period
Year20182017
Period
Revenue£1127m£957m
Earnings
Adjusted Earnings£36m£36m
EBITDA
Adjusted EBITDA
Statutory Profit(£10m)£24m
Adjusted Profit
Total Debt
Net Debt£63m£16m

Commentary History
No ticker supplied in the url so commentary history can not be collected.
Staffline Group Share Price
Grade:The Black Grade - Shares That I Think Could Collapse To Nothing Or Suffer A Massive Share Issue.
Title: Staffline – I Am Expecting A Big Rise.
Company: STAF - Staffline Group
Share Price Then: 0p
Author: Ian Smith
Date: Mon 16 Sep 2019
Comments: There is a trading update for the six months ended 30 June 2019 scheduled for Tuesday, 17/Sep/2019 and I am expecting an acceptable
set of results as there was downbeat trading update in May.

Staffline shares generally have very low trading volumes and as described in previous commentaries the company has been through a very rough patch.

Adjusting for the share issue, the current price of 156p is roughly equivalent to 346p and the last time that the share price was around there was March 2013.

Year ending 2013 saw revenue of £416m and an operating profit of £13m.
Read Count: 128/10085

Buy/No Buy In A Nutshell
NegativesToo much debt and they have already done a share issue to fix that along with a recent history of issues with financial management
PositivesAn attractive takeover target at a low enough price.
Initial Review Price26p
Last Review Price26p
Last Review Date21-Aug-2020
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