Nahl Share Discussion Threads

[mnomis] 03/2/2020 13:28

Having suggested buying back at 73p (having sold on profit announcement on 23rd Dec), I think will wait and see. Am sure there will be a short-term bounce, but longer term value? Who knows (clearly not the company).

[fenners66] 03/2/2020 12:47

To recap , are we now at 2 profit warnings ?

I know its only anecdotal but the number of times that profit warnings come in threes ...
I believe it is deep rooted in corporate psyche.

No one wants to tell their boss its all gone pear shaped, so info leaks out a bit at a time.

[big brother8] 03/2/2020 11:56

REALLY?

I AM THINKING OF 12P TO CLOSE MY SHORT.

[kirk 6] 03/2/2020 11:48

Rally time now Short term target 63

[keith95] 03/2/2020 11:33

"Clearly it was not "priced in""

The UK market has under performed these past 4 years, missed out on world growth 2016-2018, and with Brexit has seen money flush out of the UK .... so there is little money to support shares once they profit warn with US hedge funds crawling around.


Stick to $ and € earning UK companies ... and shy away from UK focused stocks at the present time .....

... and those that voted for Brexit ... have their reward.

Relieved I bailed last April ... with no dividend to support the share ... no interest.

All IMO.

[fenners66] 03/2/2020 11:29

Aleman
3 Feb '20 - 08:04 - 601 of 606

"Profit warning seems already priced in. Forecast was for 15.7p so now maybe 14.5p. Cutting dividend altogether seems harsh. However, next year is unclear. It sounds like forecasts will drop a lot from 17.5p."

Priced in ?? !!

you posted at 8.04 but maybe you started writing that before the open.
Clearly it was not "priced in"

at 50p does that account for it ?
If anyone was in any doubt how crucial dividends are to share prices - take a look here !

[basem1] 03/2/2020 11:23

I believe Odey bought a lot of these in the 80's last year

[keith95] 03/2/2020 11:07

"#The #AIM #shares that will keep profiting from election result"

That is why I bought in two years ago ... but competition in the sector is now harsh.

The clues were there.

[zangdook] 03/2/2020 11:06

also
"guidance for 2019 underlying earnings will be within the range previously announced and is likely to be between 7.5% and 10% lower than Board expectations"

[kop202] 03/2/2020 10:56

What double dutch that is..Saying their " derisking the business " at the same time as predicting another profit warning this year!

[owenski] 03/2/2020 08:22

No divi, no reason to buy and was the only reason to hold in the interim, looking like a bit of a bargepole.

[aleman] 03/2/2020 08:04

Profit warning seems already priced in. Forecast was for 15.7p so now maybe 14.5p. Cutting dividend altogether seems harsh. However, next year is unclear. It sounds like forecasts will drop a lot from 17.5p.

[fenners66] 03/2/2020 07:11

How many profit warnings is that now ?

[someuwin] 03/2/2020 07:08

"...However, in order to de-risk the Group in the light of market circumstances, the Board has decided to slow the deployment of working capital in the PI business and to suspend the Company's dividend. Consequently, the Board's outlook for 2020 performance is now significantly lower than previous expectations."

[mnomis] 23/12/2019 17:39

I might buy back around there too ...

[keith95] 23/12/2019 15:05

Google:

Accident lawyers

NAH comes up third a lot of competition in the sector IMO.

I'll wait for 73p again like earlier this year.

[basem1] 23/12/2019 14:51

Lots of stray bullets around at present you dodge some and get hit by others. I only bought back in here last week !!

[mnomis] 23/12/2019 14:45

5 to 10% lower excl. the provision on a nice announcement on 23rd December when everyone away from desks ... I have sold today.

[cfro] 23/12/2019 09:09

The market makers, as they usually do, taking the mickey out of PI's. The company have said that profits will be between 5 and 10% lower which probably means somewhere in between - share price currently down over 13%..

[someuwin] 23/12/2019 07:49

finnCap...

"NAHL (NAH): Corp PI marginally ahead, Property behind

NAHL has confirmed that its first and largest ABS continues to perform well, early results from its new, wholly owned ABS are encouraging, and Critical Care is on target. PI, overall, has traded marginally ahead of expectations in 2019. However, the performance of the second, smallest ABS has been disappointing, management stopped putting volumes through this ABS at the beginning of 2019 and an agreement has been reached to terminate it. NAHL will receive £5m of outstanding debts from the partner (which will benefit our cash flow forecasts over the next three years) and write off the remaining £1.2m owed, avoiding the prospect of complex and time-consuming litigation. Also, Residential Property is now expected to make a modest loss in 2019 (we had forecast £0.7m profit) due to a further deterioration in market conditions. We will reassess our forecasts with the January trading statement but note management’s comment that FY 2019E underlying earnings are now anticipated to be 5-10% below expectations. Despite this, net debt is expected to be broadly in line with plan. Overall, we highlight that the Critical Care business that largely supports the current valuation is on track and the PI business is very well placed, once the reforms are in place, to generate significant additional value from an improved offering and market position."

[bc4] 18/12/2019 14:28

Well they must have plenty of work coming in, Trading update next month