Final Results - TV Interview Short tv interview with NAHL CEO following this mornings YE Results:[link]
Re: Views Couldn't resist adding a few in the post-Budget/pre-results window. Trading statement was very positive but buyers seem to be waiting for results. What is the bear case here? Am I missing something?
Nahl value + growth Nahl is looking like great value on this website [link] only this the EPS growth expectations are solid.Obvs that report is all quant based, anything else I should know whilst taking a deeper look?
Re: Views Pre-Budget jitters maybe?The damage (to the sp, not the company) was done by the Autumn Statement but I can't imagine it happening again before the last proposals are enacted. In any case the company is diversifying away from ambulance-chasing into property law and is expecting to pay a 9% full-year dividend at current prices.Looking forward to results on 22nd.
Re: TV Interview hi Dino- that link to the interview does not work
Views SP dipped below float price today. Any insights?
Re: TV Interview He seems to know his onions, looks good.
TV Interview Please find below a short TV interview with NAHL CEO Russell Atkinson:[link]
Re: 20% up on the day Maybe the RNS yesterday:NAHL, the leading UK marketing and services business focused on the UK consumer legal market, is pleased to announce the acquisition of Searches UK ("Searches" or the "Company". The Group is paying £2.01m for Searches made up of an initial cash consideration of £1.66m with a further payment of £0.35m on or before 30 June 2016 dependent on certain conditions being met....................
20% up on the day It's a shame my oil shares won't do this! Anyone any idea why?Cheers
glad I sold
Knee jerk reaction I think this has been overdone a bit...NAHL, the leading UK consumer marketing business focused on the UK legal services market, notes the comments made by the Chancellor in yesterday's Autumn Statement regarding Personal Injury ("PI" claims. The Government's proposals seek to restrict the ability for sufferers of minor whiplash injuries to claim compensation. In addition the Government has announced its intention to increase the Small Claims limit from £1,000 to £5,000. Clearly this is still at an early stage with little detail available as to how, if and when it might be implemented but most likely this will be subject to consultation to which NAHL will contribute. Therefore there is currently a level of uncertainty as to whether these changes will affect NAHL. There is no impact to management's expectations in the short term. The Group's recent acquisitions of Bush & Company and Fitzalan Partners, neither of which are impacted by these changes, have already diversified the Group's model and management will continue to consider further opportunities that are available in the market to continue this diversification. NAHL is the market leader in PI, has a robust business model and is well positioned to adapt to proposed regulatory changes, which it has done a number of times in the past. There will remain a significant market for claims valued below £5,000 and the Group's PI subsidiary, National Accident Helpline ("NAH", is ideally positioned to assist consumers in processing those claims going forward. There may be potential to further accelerate industry consolidation meaning that more competitors are removed from the market, leaving NAHL in a stronger position to grow its market share with higher value claim enquiries.
it was always..... it was always going to happen ,the government clamps down on claims racket and we all know who is to blame for this.well we do here in stoke on trent where some serially unlucky people live in the same post codes .NAH is now for the brave ....a very uncertain future awaits
oh dear...
budget bad news