Nahl Share Discussion Threads

[casholaa] 22/6/2021 11:12

Come on, get up there you slag!

[florence141414] 26/5/2021 09:43

Yeah that’s a good point, bringing work in house will mean more of the profits are retained but total profits should decrease. It will be interesting to see if they maintain the partnerships so that they can still palm work off at times when NAL is operating at full capacity. They could also make up some of the lost total operating profit if critical care continues on it’s pre pandemic growth trajectory.

[brileyloucan] 26/5/2021 08:16

Thanks for the response. I guess that's the hope - with my positive hat on I'd say exceptional items should be less than this as they are, well, exceptional; cost-savings may increase this slightly; and at least the share count hasn't been diluted. To balance this the future business may not look very much like the past so not sure if makes sense to use that £12m starting point and residential (trying) to be sold. I am happy to hold for a couple more years.

[florence141414] 26/5/2021 07:43

I emailed them yesterday on this very point. The reply effectively said yes although it will take 2/3 years to filter through to results as that is how long it willl take for cases put through NAL to come to fruition. If they are able to execute this plan successfully I could see a scenario in a couple of years time in which they return to 2019 operating profits of around 12m and the profit attributable to non-controlling interests is cut in half from yesterday’s 4.1m to around 2m as NAL cases conclude. Deduct another 1.5m for exceptional items and NAHL would be producing around 8.5m of cash flow. I am a holder though so that could be a somewhat rose tinted view.

[brileyloucan] 25/5/2021 08:05

Results seem reasonably resilient, though not sure if it can get back to previous profits. Cost savings may help 2021 figures and hopefully lose some of the extraordinary items. A lot of underlying profits go out the door to non-controlling interests, does anyone know if this will decrease over the next year due to more cases being put to NAL, rather than panel firms? Do they have significant JV's with law firms left? BL

[johnhemming] 23/5/2021 12:37

A while ago they told me they were issuing results on 25th May.

[ali47fish] 23/5/2021 12:37

will nahl publish an agm statement on tuesday

[scepticalinvestor] 13/1/2021 16:45

Let's just say that I am pleased that I sold out in Dec

[scepticalinvestor] 13/1/2021 08:37

Yes, according to their last RNSI expect an update probably after trading hours today

[ali47fish] 12/1/2021 18:37

deadline is tomorrow 13 january?

[scepticalinvestor] 16/12/2020 08:59

not bad - positive update.

[scepticalinvestor] 13/12/2020 11:27

So should have final confirmation this week.As Frenkal has such a large holding I doubt they will walk away.But who knows?!

[scepticalinvestor] 09/12/2020 14:13

bought a few more todayeven if merger does not go through its still on a very low metric...

[scepticalinvestor] 30/11/2020 14:08

Volume picking up!

[scepticalinvestor] 18/11/2020 09:43

Lol read the rns released today dimwitAnother month to waitI reckon it 90% a done deal and am buying moreAimho

[ali47fish] 18/11/2020 09:19

thought today is thed dealine to offer or stumm?

[scepticalinvestor] 17/11/2020 14:01

very much agree.might take a tiny punt though

[ali47fish] 16/11/2020 17:54

unfortunately from experience when things get delayed it often means no deal done!

[scepticalinvestor] 15/11/2020 09:53

last few days for bid to be agreed...

[johnhemming] 01/10/2020 14:00

I now know what is happening. Trades declarable by the underlying purchaser or seller are declared on form 8.3. Some market makers need to declare trades as well and that appears to be on form 8.5.

[tiltonboy] 01/10/2020 07:16

Aleman, They are!

[aleman] 30/9/2020 19:19

I thought they were market maker declarations for some reason.

[johnhemming] 30/9/2020 17:37

I don't know the Takeover code panel rules inside out. I don't see any declarations of share trading by Frenkel. That may be that they don't need to.

[grahamg8] 30/9/2020 17:33

What are Frenkel up to? They seem to be trading Nahl shares, and doing a pretty dreadful job of it. Only a few shares each day granted, but they buy at a higher price than they sell at. Madness. I find it increasingly difficult to believe that this approach is a serious preliminary to an offer. If they thought 55p+ was a sensible price then they should be mopping up anything spare going, not p*ssing about.

[johnhemming] 30/9/2020 11:52

In the circumstances (with the cross shareholdings) I assume that an independent report on the offer will be required. Myself I think NAH is undervalued by the market whereas FEN is not. We will have to wait to see what the offer is.