My Staffing Business

Farsight, The dividend is likely to be cut back again at year end.

I hope that Third Advance Value are able to kick start a consolidation within the small cap recruiters. Merge 3 MSB's into one company and you save a fortune on Directors salaries and back office costs.

If I have read the bits about Third Advance Value Realisation Company correctly it would appear that funds can swap certain stock for shares in 'the company'. If they attract enough stock support from the smaller recruitment companies they will be in a good position to kick off consolidation.

I would support that in MSB case, Mr Brown, Mr Zeilinski and Mr Ketchin have had long enough to sort out MSB's problems and now they seem to be creating new ones.

Merge MSB with another player, chop out the MSB Director costs of £801,000 last year, reduce back office costs and other costs and you have a much more profitable recruitment business.