Nahl Share Discussion Threads

[kop202] 14/10/2016 11:21

I'm referring to the level of fraudulent claimsOnly my opinionHave insurance companies already acted on this anyway?

[qs99] 14/10/2016 11:01

and NAHL are diversifying away from this, but if they can continue to make hay in the short-term then any RNS stating government have moved away from legislation IMO should help this share back through £3 and beyond ....let's see

[kam5lc] 14/10/2016 10:55

Given that whiplash claims have been going on for decades now, on what basis are you making that judgement? Interested to know.

[kop202] 14/10/2016 10:19

Whatever the legislative outlook I don't think "whiplash" claims of the type we have seen in the past will provide a reliable revenue stream

[qs99] 13/10/2016 14:34

ok just me then, am in for a more detailed update which IMO will push this through £3....let's see..

[qs99] 13/10/2016 13:23

all very quiet on here considering

[qs99] 13/10/2016 12:40

if this is correct, the RNS just now from NAHL doesn't add much, then IMO this should be materially North of £3 again no? DYOR etc

[qs99] 13/10/2016 12:38

Ok thanks mate, much appreciated.

[kam5lc] 13/10/2016 12:33

Can't link on my mobile but it's all over the insurance news. MOJ has decided to drop the proposals as it isn't a priority anymore. The treasury are still exploring possible reforms but the industry now believes there won't be anything done in the near future

[qs99] 13/10/2016 12:25

where did you find that Kam51c?

[kop202] 13/10/2016 12:16

100,000 trade just gone through ten mins ago

[kam5lc] 13/10/2016 12:05

There is news. The government have decided not to go through with the whiplash reforms after all.

[kop202] 13/10/2016 11:52

Thanks Mas

[masurenguy] 13/10/2016 10:49

No news to stimulate todays rise as far as I can see. This is a very thinly traded stock - average daily volume of less than 30,000 - but in the first 2 hours this morning nearly 75,000 shares have been traded. This could possibly imply that some positive news might be in the pipeline.

[kop202] 13/10/2016 10:14

Big hike in spWhat gives?

[masurenguy] 21/9/2016 15:32

Cheers oshy92

[oshy92] 21/9/2016 13:49

Short video here following this morning's Results

www.fmp-tv.co.uk/company/nahl-investor-relations-news-and-videos/?

[masurenguy] 21/9/2016 07:25

RNS Number : 3748K
NAHL Group PLC
21 September 2016

Interim Results

Performance in line with expectations led by strong growth in Critical Care division

NAHL, the leading UK marketing and services business focused on the UK consumer legal market, announces its Interim Results for the six months ended 30 June 2016.

Financial Highlights

• Revenue up 1.3% to £25.8m (2015 H1: £25.4m)

• Underlying operating profit up 24.5% to £8.8m (2015 H1: £7.0m)

• Improvement in underlying operating profit margin from 27.7% to 34.0%

• Profit before tax up 17.1% to £7.5m (2015 H1: £6.4m)

• Excellent cash conversion of 95.7% (2015 H1: 95.5%)

• Basic earnings per share up 5.6% to 13.2p (2015 H1: 12.5p)

• Interim dividend of 6.35p per share (2015 H1: 6.25p)

Operational Highlights

• Focus on a higher value blend of cases in Personal Injury division, NAH, with strengthened margins, despite an uncertain regulatory backdrop

• Further progress with strategic diversification into complementary legal services markets

• Bush, the Group's Critical Care division, has performed well and is trading ahead of plan

• Fitzalan, the Group's Conveyancing division, has good organic growth in revenue & operating profit

• Searches UK acquisition extends the conveyancing offering

Russell Atkinson, CEO of NAHL, commented: "I am pleased to report a solid performance in the first half of the year, as the more diversified nature of the Group helped to drive improvements in our profitability. We saw a strong contribution from Bush, the Group's Critical Care division, whilst our conveyancing business also showed good organic revenue and profit growth, strengthened by the performance of Searches UK, which was acquired in January. NAH performed as expected, with our deliberate strategy to reduce volumes and focus on higher value case types helping to improve margins. We continue to plan for a range of outcomes as we await the anticipated publication of the Ministry of Justice's consultation.

The underlying performance of the Group continues to benefit from our strategic diversification into complementary legal services markets and we have continued to make good progress on achieving our vision of being the UK's leading marketing and services provider in our chosen legal markets. The Group continues to deliver good levels of cash generation and the Board remains committed to a progressive dividend policy. Second half trading has commenced in line with our expectations."

[touche] 20/9/2016 11:19

Interims tomorrow - should show how undervalued this stock is ....

[touche] 05/9/2016 11:40

And back to a 14.5p spread. Interims due 21st Sept so I expect further confirmation of progress here and for the market to react accordingly.

[touche] 02/9/2016 15:25

Never seen a spread this narrow at only 0.75p

[masurenguy] 26/8/2016 14:48

Nice sudden move up today following a 200,000 trade @250p at 12.15pm. No news over the past 5 weeks. I wonder if anything is in the pipeline. Interims due in just under 4 weeks on 21st September.

[smallcapinvestor1] 21/7/2016 21:35

Hmm good luck with that

[hybrasil] 21/7/2016 21:19

This is in my book a screaming short. It has a rubbish business model.

Please revisit this post in about two years ( if this board still exists)