NAHL (NAH)

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NAHL NAH Logo

The leading UK consumer marketing business focused on the UK legal services market.

17-Jan-2018 – 183p – £84.3m – PER 9.48

Trading Update For The 12 Months To End December 2017 – Underlying Profit in-line with Boards expectations and Underlying EPS to be ahead of the Boards expectations.

Looks OK here, up 50% in the past 6 months. The nature of the business and the new imminent government regulations are not holding this back but it’s not for me.

20-Mar-2018 – 173.7p – £80.1m – PER 8.77

Final Results For The 12 Months To End December 2017 – In-line, flat Revenue, PBT, EPS and Dividend down (though percentage wise it’s almost 10% per year). New year in-line.

Just don’t want to invest in what this company does plus these results are not exactly inspiring.

23-May-2018 – 123.25p – £56.9m – PER 6.68

AGM Statement – In-line.

Still not interested in investing in this company (mainly due to its primary activity), I am actually going to cease coverage.

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