Nahl Share Discussion Threads

[basem1] 11/9/2018 11:18

And....unlike most private investors he will have performed due diligence tests and possibly spoken to the management too.

[loglorry1] 11/9/2018 11:16

Yes Chris Mills is a legend. I think his NAS fund has returned 20% returns over a very long period like 30 years its up over 100x long term.

Looks very much to me that seller has been cleared here. I think the rest of the stock looks tightly held so any incremental buying now will take it much higher.

I've been buying quite heavily (for me) down here.

Results soon if they can prove the new ABS model is going to plan this should re-rate pretty quickly.

[someuwin] 11/9/2018 10:32

Looking positive now

[clanger66] 11/9/2018 10:30

I wonder if the persistent seller has finally cleared as there’s not the usual DMA offers in the order book.

[mister md] 11/9/2018 10:24

shareprice (finally) on the move ...

[topvest] 10/9/2018 19:46

Good news if Christopher Mills at Oryx is buying. A very shrewd cookie.

[keith95] 10/9/2018 19:43

The new shareholder ...

hxxp://www.oryxinternationalgrowthfund.co.uk/fund/oryx/information

[smallcapinvestor1] 31/8/2018 08:11

Amazing clear out of sellers yesterday. 20% of the shares in issue changed hands. I'd expect them to move up from here.

[professor x] 30/8/2018 17:23

Indeed Corrientes. That should be the clearance of the seller!

Chartwise it has broken free of the falling wedge as well.

[corrientes] 30/8/2018 16:11

That's more like it.

[keith95] 24/8/2018 19:01

"Do you mean caravan lol?"

I voted "remain" ... so that would be a "no".

:)

[qs99] 22/8/2018 17:26

Is market, ahead of results, saying they don't effectively believe the "re-based" divi is sustainable? Or is it just the lack of demand that the MMs want to find a floor? If they do stabilise the business then the yield on this around £1 will be very attractive, but those sorts of shares IMO are the more risky ones! DYOR

[rcturner2] 22/8/2018 14:05

Do you mean caravan lol?

[keith95] 02/8/2018 18:41

We saw a spike down to 106 or so last week ... regrettably I was on a Catamaran travelling to Rhodes with a dodgy connection so could not take advantage but that low would match 121 from last year minus the years dividend ....

... I think we could go below £1.00 but the decision as always is to bail and lose, stick or top up ...

I think the MMs are playing around here myself so I topped up a few more at 111 today.

I'll stick around 99p if it gets there.

Certainly the major holders have added around 1% of shares since March so there is no evidence of them bailing.

GLA.

[massimoj] 02/8/2018 18:33

Property is such a small part of their business portfolio I don't think we need to get hung up on that. The share is falling because people are scared of regulation (and maybe just because the share is falling and people look at charts etc rather than accounts). There's no need to be scared of regulation at this price. The company is addressing the changes and has a great record of doing just that. Even if they aren't totally successful the current rating means earnings can fall off a cliff (they won't) and it would still be on a cheap earnings yield

[aleman] 02/8/2018 16:47

London housing market is bottoming but rest of UK continues to weaken.

We don't know why NAHL is in free-fall but lots of shares seem to be falling for no reason. Maybe investors are scared or short of cash and are just selling everything.

[ali47fish] 02/8/2018 16:23

sorry i cant fathom what is being written above- can someone explain more clearly why the share price is in free fall

[aleman] 02/8/2018 08:36

Just to add to above - Countrywide results out this morning show London properties sold improved from -22% to -9% while rest of UK deteriorated to -18% from -17% (-10% adjusted for closures). Countrywide have been doing very badly so this probably also reflects the beginning of stabilisation in London while the rest of the UK retains a deteriorating trend.

[aleman] 01/8/2018 19:28

London? London weakness surfaced in 2015 so is far from a new concern. Although prices continue to ease slightly, there are early reports of stabilisation of current sales volumes and increases in instructions and expected sales volumes according to the RICS.

The UK as a whole has seen the highest enquiries for a year, the highest instructions for 5 years. Agreed sales and prices are about flat but sales volumes are looking for a slight rise. The outlook is less gloomy but, of course, expectations are not always matched by outcomes.




That was all RICS. London agent, Winkworth said (albeit a few months ago):

The underlying fundamentals of the market remain positive. Following the stamp duty changes introduced in 2014, asking prices have adjusted significantly downwards in central London and this is now increasingly the case in London zones 2 and 3. Sellers are accepting these reductions and this, in turn, is in some areas leading to improved levels of transactions despite applicant numbers remaining at low levels. We expect this trend to continue throughout the year and for the reduction in stamp duty for first time buyers to stimulate the lower end of the property market, feeding through to the upper levels in due course.

Foxtons returned poor numbers on the sales side this week, and suggested an uncertain timing for an upturn, but they seem to be underperforming slightly.

[kop202] 01/8/2018 13:54

The curtailment of claims for "rear end trauma" are surely already in the priceNew concern is the slow down in the housing market particularly LondonStill it's a good business...just how low can they take it?

[grahamg8] 27/7/2018 07:16

Wednesday blip down was followed by a similar blip up on Thursday morning. So back to square one. A possible innocent explanation would be that just before the close there was no price available for a single block of 10,000 shares but they could be sold in 2,000 share lots. I'm not really convinced because you would have to be pretty desperate to lose around 7% value rather than wait overnight and get the full price the next morning.

[rcturner2] 25/7/2018 17:35

Posters like Keith are a good sell signal in my experience. People who get aggressive about their holdings generally have something to fear.

[aleman] 25/7/2018 17:15

A very odd looking 8 x 2000 shares sold over 38 seconds near the end. Looks suspiciously like breaking up a sale into little bits to try manipulate the share price which, last I heard, was against the rules. You still see it sometimes, though.

[bsharman3] 25/7/2018 16:57

.... big fall at the close....

[kinkell] 24/7/2018 21:10

Change in legislation delayed so more time to adjust. Meantime paid to wait with generous dividend.