Nahl Share Discussion Threads

[eezymunny] 06/3/2016 18:22

God bless you Wilks. May the force be with you. You'll need it on your side if you don't even know what a P/E ratio is!!!

x

[battlebus2] 06/3/2016 18:02

Guys this is getting a bit silly now, lets just all beg to differ....

[eezymunny] 06/3/2016 17:56

4 lousy grand? I made over 1.5 million last week.

[wilk1] 06/3/2016 17:53

Yep just like I did on Cpx last week £4K profit in 4 days. Can't wait.

[wilk1] 06/3/2016 17:06

Sorry should say exit point at 260, not edit. Roll on tomorrow

[wilk1] 06/3/2016 17:03

Also reassuring is that FRP are in the same sector, there shareprice has recovered sharply after being hit by the same claims. There price recovered mainly due to positive media and broker spin on the stock.All it would take here would be a positive media write up and broker coverage for it to race back to 250p. You tend to get 3 day rises on oversold AIM stocks, so 220/245 and 3rd day edit point 260 ish. Bish bosh decent profit. That's why I'm loading more tomorrow.

[wilk1] 06/3/2016 16:50

Eezy, thinking about your comment. P/E ratios are worked out on top line profit figures anyway so my figures are still correct. Anyway let's see where we are by Friday. As the bod have commented on before, this fall is based on light volume. My average is 225p so one day could see me back in profit. Simple market rules, buy low, sell high.

[wilk1] 06/3/2016 16:46

You'll have to close your short tomorrow I reckon eezy. Let's see who's right or wrong come the end of the month.

[eezymunny] 06/3/2016 13:17

I despair at people's incompetence.

£9 pre tax profit, taxed at a normal 20% tax rate is £7.2m post tax, so a market cap of £91m implies a P/E of c. 12.6. And the banning of whiplash claims won't come into force for some time (if at all!) so this years' earnings won't be affected. It's profitability AFTER a whiplash claims ban comes into force that matters. And none of you have the balls (it seems to me) to phone the FD and ask how much whiplash claims made last year.

Gamble away!

[wilk1] 06/3/2016 10:27

The market is implying here that earnings are going to fall 40% this year from £15.5m to £9m which would make a pe of ratio of 10 at present share price. With the recent earnings enhancing acquisitions, I for one do not see this happening. I think the market was looking for the long term support at £2. I'll be buying a few more in the morning for sure.

[corrientes] 04/3/2016 19:11

You're making it up on the hoof EsezyMunny. In a year or two (your time frame)
the company will have moved on, in line with what they have stated. These so called 'collapsed profits' will resurface somewhere else following diversification.

[wilk1] 04/3/2016 18:21

I must have read and re read the trading statement of 20th January 2-3 times per week since it was announced. I still see nothing in that to warrant such a steep fall. Today's drop was on low volume again and we do seem to be at long term support now and in an oversold state regarding the RSI. I thoroughly expect a bounce next week

[corrientes] 04/3/2016 18:09

Experience suggests that CEO's,FD's and the like, speak with forked tongues and in any case they would be guilty of divulging sensitive information if they did so.

[eezymunny] 04/3/2016 17:36

Errr whiplash claims can still be made until legislation kicks in. So they're not going to see collapsed profits from whiplash for a year or two. So no warning is no surprise.

Why you're wasting time discussing it with me and not simply phoning and asking is beyond me.

Scaredeycats!!! Too scared to phone a big important FD!!!

[corrientes] 04/3/2016 16:57

Volume loss to be compensated for by much better margins on other services so conversion rates will indeed be lower. As a long established company and leader in its field, they would have been very much aware of likely developments in this business sector,well before the proposed government legislation was promulgated. So they started diversifying quite a while ago.

No profits warning has been given about current trading and to believe that earnings will fall off the cliff takes the biscuit when they say they intend to maintain a robust dividend policy.

[corrientes] 04/3/2016 16:26

Of course he has as he's only just appeared.

[djbilywiz] 04/3/2016 14:59

All will be revealed at the next results! Not long to wait, 22nd of March. Everything else is just speculation. You have a short position still EezyMoney?

[johnv] 04/3/2016 13:59

Since the announcement about the Budget in nov, 3 companies have been bought, none of which have affected by the proposed changes.

[johnv] 04/3/2016 13:52

Scsw said the RTA enquires last year was 25%. Below £5000 claimants will be given physio but can still go through small claims court which of course nah can help with.

[touche] 04/3/2016 13:41

This is from the interim presentation, only mentions claims and not profits though but ...Whilst over three quarters of the overall PI market comprises RTA claims, NAH's focus remains on the higher margin, faster growing segments of medical negligence and non-RTA claims from where we receive c.76% of our enquiries.

[eezymunny] 04/3/2016 13:36

Where have you got that from wilk1? Or did you just make it up?

[wilk1] 04/3/2016 13:19

I think the figures mentioned have been circa 7-10% obviously the city doesn't believe it !! Playing with chart levels here ? I hope