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Staffline

September 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • STAF
  • Price:
  • 31p
Interims were as good as could be expected given employment conditions. Although candidate availability is at its highest point in 2.5 years, lingering doubts over the economy have resulted in a sharp decline in permanent recruitment. Additionally, a slowdown in consumer spending has led to fewer hours being worked at some of Staffline’s key clients in temporary recruitment sectors such as food service, automotive and logistics. These conditions restrained Ireland (which is mostly permanent public sector recruitment) and also Recruitment GB.  PeoplePlus was also affected by weaker volumes in higher margin employability training versus H1 22, and in-person adult education support will now focus on delivering education digitally. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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