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Impellam – 750% ahead and more to come?

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- Tom Winnifrith

Today I give my moronic bulletin board critics – notably mad and bad Bob Burnard – the opportunity to comment on my September 2009 recommendation of shares in AIM listed staffing and outsourced support services company Impellam Group (LSE:IPEL). I first recommended shares in the company, which primarily operates in the UK and North America (although it has smaller operations in Australia, Ireland, New Zealand and mainland Europe), at 40p (a level they have not traded below since) – and they currently trade not too far off the highs since, at 340p. This represents a 750% capital gain in little more than three years – not too much of a disgrace I would argue. Now though the question is what to do from here? In the following I take a renewed look at the investment proposition…

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