Nahl Share Discussion Threads

[joan of arc] 04/2/2016 15:27

Well I have been snaffling these up as they are almost back to their IPO price and the outlook is even better now. Year end results should clarify a little more the ambulance chasing stuff hopefully.

[wilk1] 04/2/2016 13:28

You get these anomalies from time to time until the financial press point it out. I think we could be back to 270p in the blink of an eye.

[wilk1] 04/2/2016 13:26

Current P/E ratio of 7. Earnings £15.5m Market cap £98m Market cap should be £150m imo. Which would give a share price of £3.30. £150m is a conservative figure too.

[wilk1] 04/2/2016 13:02

From the trading update last week £15.5m earnings 2/3rds paid out in divi. Roughly £10m divided by 45m shares in issue = 22p for the year, had 6p at interim stage = 15/16p Point to note. The dividend either gets cut or the shares need to go back up to £3.50 to pull it the divi back in line. I'm in the camp that this is substantially undervalued but the market is worried about earnings going forward.

[joan of arc] 04/2/2016 12:23

Wilk where did you get 15p from?

[wilk1] 04/2/2016 11:25

Anything good on it ? I can't believe the fall from last week on Monday on such little volume. It looks like there is a divi in May for 15p given what we know already. The price is wrong here, by the tune of 50%. We could do with some positive press coverage. Strange isn't it, people were prepared to throw money at it last week at 235p but not today at 221p.

[djbilywiz] 04/2/2016 10:52

Thanks for the link.

[oshy92] 04/2/2016 10:42

Good morning. Please find below a short TV interview with NAHL CEO Russell Atkinson

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

[johnv] 28/1/2016 11:56

Scsw mention last month claims under 5000 can go through the small claims court which nah can process.

[wilk1] 28/1/2016 08:42

Chart looking good for a quick 30p here !!

[wilk1] 21/1/2016 15:48

Can't understand the sellers but hey-ho, it takes 2 to make a market

[djbilywiz] 20/1/2016 18:37

I agree Wilk1, this stock is seriously underpriced. There is no warnings on profit in the RNS today. The huge drop purely monkey see monkey do IMO, bares no relation to underlying value. 12month rolling P/E of 7.5

[wilk1] 20/1/2016 17:01

After what we've heard today the share price needs to rise a £1 to put the dividend of circa 20p in context. I know there's the uncertainty regarding whiplash but it's only a small part of the turnover. The recent acquisition looked cheap on paper too. Something's got to give here, either the dividend gets cut which is unlikely or the share price has to play catch up. This is better value than FRP IMO. I hold both.

[pictureframe] 12/1/2016 09:16

Hmmm - whats going on here then? leak leak

[ali47fish] 12/1/2016 09:06

up again tody 5pc nice - is this a tunaround!

[djbilywiz] 11/1/2016 10:46

Looks like a good acquisition, funded with existing cash. This stock appears under priced IMO. Will be interested to see the next results.

[pictureframe] 06/1/2016 13:34

Chart showing signs of a breakout.

[pictureframe] 18/12/2015 11:49

Time to buy?

[salchow] 18/12/2015 08:38

I think it is difficult to put a value on this without having further information but from previous results it has been stated that:

"Our NAH brand continues to rank as the most trusted and recognised in the PI sector. Approximately 76% of enquiries are derived from higher margin non-RTA and medical negligence cases, which are more valuable to PLFs (panel law firms)"

If that statement is correct and 76% of the business is retained and that business was higher margin in the first place then there is no reason why the company should not eventually overcome the loss of business they experience from future legislative changes. It should also be safe to say that 24% of business is not going to be lost - there will still be many RTA claims to handle.

[hybrasil] 18/12/2015 06:26

forget about seeing the lows. Another £1 to fall before it gets remotely interesting.
Over the years I have telephoned companies in similar situations and have always got answers similar to the one posted above.
In one particular case the company took another two years to go bust!

[eezymunny] 17/12/2015 15:58

Where do you get your "whiplash claims make up about 7% of their business" from danzac?

I haven't seen that information anywhere in co results etc.

[danzac39] 17/12/2015 15:53

Seller cleared - bid only. We have likely seen the low now

[changachanga] 17/12/2015 14:23

Great, thanks Wiz and Danzac.