Nahl Share Discussion Threads

[keith95] 22/9/2017 13:23

Patient: Doctor Doctor: I've got repetitive strain injury.
Doctor: What from.
Patient: Downvoting on ADVFN.


Doctor: Well stop seeking attention .... you Eeejit :)

[keith95] 22/9/2017 12:44

fenners66 - Goodness knows ... one of those people who just can't take what they dish out I'm afraid.

A psychiatrist would need a psychiatrist after treating people like this :)

[quepassa] 20/9/2017 20:43

Yawn Yawn Yawn

[bc4] 20/9/2017 17:22

Well the only thing that interests me is has the share price risen in the last week. answers on a post card HA HA

[mnomis] 20/9/2017 16:31

QuePassa - was yesterday's interim dividend
A) a higher percentage of the share price aka dividend yield
B) the same yield
C) a lower percentage of the share price than the previous interim dividend?

... YAWN

[quepassa] 20/9/2017 10:49

was yesterday's interim dividend

A. Increased
B. Held
C. Reduced

One eye to the past, one eye to the future.

ALL IMO. DYOR.
QP

[fenners66] 20/9/2017 10:30

an empty vessel makes a lot of noise..

Still doesn't give me any more insight into this or any other co. though...

[mnomis] 20/9/2017 09:54

QuePassa - how is that relevent? Even a child can look at a chart. I bought my entire holding at £1.29, so should I not rather be looking forward?

[quepassa] 20/9/2017 09:21

430p to 130p.

Aug 2015 to Sep 2017.

Against a roaring market.

[fenners66] 20/9/2017 09:01

Keith - I have to agree with the Troll comment - maybe you should have added empty headed to that.

Anybody got any answers for my questions , thanks?

[quepassa] 20/9/2017 08:44

430p to 130p.

Aug 2015 to Sep 2017.

Against a roaring market.

[fenners66] 20/9/2017 08:32

Still nothing to offer except you looked at a past chart..... come on use the stuff between your ears ..... if there is anything,,,

[fenners66] 20/9/2017 08:30

Sorry - thanks Kinkell

[fenners66] 20/9/2017 08:29

So I have found this from FCS Commercial Finance Group - basically from an internet search for typical fees

"A commitment fee provision is common in revolving lines of credit (drawdowns may be made on the line of credit and principal payments do not reduce the total facility; repaid principal is available to be drawn again). A typical commitment fee is between 10 basis points and 50 basis points, depending on the client’s credit risk profile"


So perhaps the reason why I have never seen it - is because the size where applied to other companies is less material. A range of 10-50 points with the upper end depending on risk would put 66 points at the upper end of risk.

Research is worth so much more than your childish ramblings.

Having said that it was from the last set of Finals and the renegotiated facility announcement says hardly anything - has anyone any more info on the re-financing?

[quepassa] 20/9/2017 08:26

if you think 430p to 130p is not relevant, try asking all those investors who bought at 400p, 350p, 300p, 250p, 200p, 150p.

[fenners66] 20/9/2017 08:18

Unlike saying - plain unresearched ,garbage with no substance eh?

[quepassa] 20/9/2017 06:14

he does even not know/understand/grasp the standard practice of paying a commitment fee on a committed but undrawn banking facility.

if he doesn't know that, you can be certain that everything he writes is absolute drivel and totally worthless.

[fenners66] 20/9/2017 00:03

You say that , can you quote me some other examples? cheers

[kinkell] 19/9/2017 23:04

Interest on an undrawn overdraft facility is standard practice. Banks do not provide commitments to make available overdrafts free of charge.

[fenners66] 19/9/2017 22:25

I have started looking at last Finals and noticed this

"The current rate of interest payable on this undrawn facility is 0.66%"

I have never seen that before. They were paying interest on money they had not borrowed? !

[fenners66] 19/9/2017 21:53

No point in suggesting this has significant downside prospects - if you have no idea what they are!
Looking at a fall on the chart is the past not the future.

I myself have been pointing out flaws with say CLLN - where the RNS's spell out likely write off and rights issues to come. So I have nothing against pointing out the negatives - but posting the rubbish above looks crass.

Having had a look at the interims I have a couple of questions and points - I literally knew nothing about this company 2 hours ago!

What is the interest rate on the re-financed revolving credit facility?
What covenants are there over this facility?
Why was there a small share sale during the year?


I get the 1.5x EPS as dividends and I guess they can probably easily manage 12p + a share this year, however since they are borrowing cash to pay the dividend I have to ask - why?

Has there been a change in the law to wreck their previous business model?
So they now have to fund PI work - what does this earn, a share of damages or just commissions?

I will continue to do some research - as it stands it looks like an ongoing profitable company with exceptionally high dividends - would like to see better cash though.

[quepassa] 19/9/2017 21:03

Aug 2015 430p

Sep 2017 130p