Nahl Share Discussion Threads

[djbilywiz] 28/11/2015 11:22

I'm glad the management have been candid about it. Short term there should be little effect on earnings, indeed, with the recent acquisitions, it's will be interesting to see the next results. Hopefully, there should be some clarity on the small claims issue soon. Does anybody have any ideas as to when though?

[ali47fish] 28/11/2015 09:38

sorry i should have included the links - not sure how to put this right- what puzzles me is on what basis then does investec say tne company is not likely to be affected? you are right the best we can do is to wait for more information to unfold

[salchow] 28/11/2015 09:06

If Investec, the company's brokers, think that the governments proposals are not likely to have an effect on NAHL then why has the company issued an RNS saying that there is a level of uncertainty as to what effect it will have? If it was issued to reassure the market then it certainly achieved the absolute opposite effect.

Having had such a fall then until there is more information as to what is to happen and the company has quantified the effect then it is hard to see that the price will recover to anything like its previous level. On the other hand the drop on Thursday in 30 minutes around 1 pm from the 319/329 level to 260/270 on little turnover looked climactic and does not suggest further drops below that level. I await further information.

[djbilywiz] 27/11/2015 19:04

Thanks Ali, do you have links for that?

[ali47fish] 27/11/2015 15:44

well investec seems to think Nah is not likely to be affected by the announcement in the budget and investor chronicle says buy

[djbilywiz] 26/11/2015 17:16

Thanks gargle blaster. This thread has been quiet for ages, it's a shame the idiots now seem to be all over it. I hold.

[wilk1] 26/11/2015 14:45

I think it's overdone, but still too much uncertainty. Taken £227 profit in half an hour, that will do me.

[ali47fish] 26/11/2015 14:41

can somebody explain why they think this will fall further- I invested a small amount based on scsw recommendation? i cant make much sense of comments above- may thanks for any insights

[abcd1234] 26/11/2015 14:41

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adnanwolf
26 Nov'15 - 14:07 - 208 of 209 1 0

Hilarious

i will be the first to admit that it was a farce

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....but happy to profiteer....
...ethics ??? ....pmsl

[adnanwolf] 26/11/2015 14:11

EL/PL claims will suffer similar fates if valued under £5000 which is most of them

Clinical Negligence claims under £250000 will have fixed costs from next year (Consultation going through)

If these changes go through it will shake up the market massively

It may be possible for NAH to adapt but with everyone chasing the same smaller pie ?? Not sure what that will do profits

[adnanwolf] 26/11/2015 14:07

Hilarious

Why would the GMC be interested in the Ethics of a company like NAH

It was never the doctors that were the issue but the compensation system which was prone to massive exaggeration with injuries that were impossible to test for or quantify in any meaningful way (neck and back pain). As doctors it is the same problem as in the benefits field, very difficult to pick up exaggeration. Plus the courts would invariably side with the claimant which is why insurers found it easier to just pay out.

Don't get me started on the ancillary costs of physio, credit hire, storage lost earnings. i will be the first to admit that it was a farce. Not sad to see it go if it does

[wilk1] 26/11/2015 13:54

Only a small percentage then ? Buy time, me thinks

[gargleblaster] 26/11/2015 13:51

From previous edition of SCSW, in their write up of NAHL;

In the last year, c 76% of enquiries were generated from the faster growing non-road traffic accident (employer liability claims, public liability, etc) and medical negligence sectors. Atkinson notes that its market share is under 2% for RTA and the market is flat. However it has 12% share of non-RTA and 6% of clinical negligence claims and these are growing fast.

Atkinson also points out that a settlement in its traditional area of personal injury in a road traffic accident (RTA) might only be worth £1,400 – although it is high volume with 1m claims a year. This compares to medical claims which have high value settlement of say £140,000 and therefore deliver high revenues for the panel law firms. Even though that is the case, law firms like to take a mix of work because RTA cases tend to settle in three months and provide cashflow whereas medical claims can take three years and absorb working capital.

[miti 1000] 26/11/2015 13:42

Lovely short...no reason to see this not falling way lower .AIM ambulance chasers...not a good combination.

[djbilywiz] 26/11/2015 13:29

You have to wonder, who is buying up all the shares?

[abcd1234] 26/11/2015 13:21

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
adnanwolf
26 Nov'15 - 12:00 - 198 of 201 1 0

I work in the field as a doctor-
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and the GMC's view of the ethics of n.a.h. is ???

[hawaly] 26/11/2015 13:03

Deep very deep.

[someuwin] 26/11/2015 13:00

About time parasites like NAH were wiped out.

[nw99] 26/11/2015 12:47

Thanks re above glad I sold out

[adnanwolf] 26/11/2015 12:00

I work in the field as a doctor- sold out
They are screwed 80% claims are below £5000
They were paid for referring claims onto lawyers.
Small track claims do not need a lawyer hence no payments hence no business model unless they propose cutting deeply into the claimants compensation on the Small claim.
Osbourne also talking about ending cash compensation for minor injuries Physio and out of pocket expenses only

get out I only made 7% down from 20% but you will never get poor taking some profit

[nw99] 26/11/2015 11:48

Sold out not looking good

[djbilywiz] 26/11/2015 11:38

Relation not relegation!

[djbilywiz] 26/11/2015 11:37

Does anybody know the percentage of revenues/profits that claims below £5000 give the business? If so what is the relegation to. Overall earnings?

[qs99] 20/11/2015 14:06

have topped up a few ....Jan 15 was the next news that I can see from now through to NY, so patience required, but yield is still v. attractive and hopefully the recent deal will allow management to report good progress in due course....DYOR and IMO etc