Just seen this one (Sthree) which seems to be going particularly well today.
I have been following them for some time but there seems to be a surge.
Anyone know why this should be?

SThree looks cheap with such profits and management...


SThree enjoys encouraging trading - MoneyAM

SThree said its full-year gross profit will rise 31%, boosted by encouraging trading conditions across its markets and expansion into new disciplines and geographies.

To strengthen its share price, the specialist recruiter said it will start a share buyback programme that will run to February 1st from today and be executed by UBS.

SThree said in a trading update ahead of its full-year results gross profit is expected to reach at least 178m on a 28% rise in permanent placements to 9,800.

SThree said average permanent placement fees for the period have risen strongly to record levels.

It said it expecs to have reduced its debt position to nil at the close of business today from 40.6m at June 3rd.

Well - bought at 183.75
What a drop today

Derwent

You must be pleased with 210 today?

Avsec

This is not one I have really been following but I do have a look at it from time to time.
Someone said buy in Oct, yet it has slipped another 30% since then.
I cannot see anything from the graph to suggest that the downtrend has been broken; in fact just the opposite. Please correct me if I am wrong, but there is no apparent reason for the sp to recover. Graph says down & no news on the horizon to dispute that.

There are lots of news, harrycat. STHR has eliminated all its debt and also having a buyback share scheme. Furthermore trading conditions are encouraging.

Fears of a recession? Hiring can stop dead in one.

Avsec
With the shares at this price there is plenty of scope for further recovery.
And 3 of the many plus points:-
1. Share buy back - now to February 2008 of up to 10% of shares
2.Total office space increased by approximately 40%. This investment involved both
relocating to larger premises in eight established locations as well as the
establishment of five entirely new offices in Amsterdam (2) Rotterdam, Brussels
and Hong Kong. In January 2008 the Group will open in Sydney and Dubai
bringing the total to 52 offices in 10 countries.
3.During the second half of the year the Group's net debt position continued to improve and as at close of business today, 30 November, is expected to have been reduced to nil (3 June 2007: net debt of 40.6m).

Kayak
Recent trading conditions have remained positive, with no overall change in
sentiment. In the last quarter the Group saw some softening in demand in certain
specialist areas directly related to the fixed income market. However, to date
there has been no evidence that this has impacted the wider specialist
recruitment market.

Kayak
I would agree with you except that outsourcing of specialist tasks (such as specialist IT) remains the most cost effective way of doing business.

Derwent
I agree with you entirely. Plenty of scope.