Primeserv: A dependable workhorse
Wisely, the company has been buying back its own shares, some compensation for the conservative dividend policy
Companies that operate in the "dastardly" (according to some quarters) labour broking sector are tagged with the most desultory market ratings.
Much like countermate Workforce, Primeserv trades on a trailing earnings multiple usually reserved for companies that are either in a heap of operational trouble or have seen an acquisition strategy go badly awry. Neither applies to Primeserv or Workforce (where I hold a few shares).