Small Cap Feast 08 Mar 24

8th March 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: Belvoir Group Plc (BLV.L) has left AIM What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Change of Market: Banquet Buffet*** Coinsilium Group 2.9p £3m (AQSE:COIN) An investor, advisor and venture builder at the forefront...

Hybridan Small Cap Feast - 24 Jan 24

24th January 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...

Nahl Group: 2 directors bought

Two Directors at Nahl Group bought 35,091 shares at between 54p and 55p. The significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

Update: Positive update; FY14 and FY15 estimates raised

NAHL has released a positive trading update, which indicates that its FY14 results are expected to be marginally ahead of our estimates. This has been driven by robust enquiry growth as the group continues to gain market share in the higher value sectors of non-RTA (non-road traffic accident) and medical negligence. In addition the balance sheet has improved with net cash standing at £1.2m at FY14 year-end. Based on this trading update, we raise our estimates, including a 0.5p increase in norma...

Institutional Comment: Daily comment

Update: Maiden interims show strong profit growth

NAHL’s maiden interim results show underlying 26% continuing operating profit growth on a 6% growth in continuing operations revenue (driven by enquiry growth and online lead conversion performance). This results in a significant rise in solicitor income margins following the introduction of the group’s new pricing model on 1 April 2013. Management indicates that current trading is strong and the outlook remains positive. Supported by this and the FY14 interim data, we raise our FY14 and FY1...

Update: Positive trading in H114 - 7.4% prospective yield

NAHL’s trading update, covering the six months to 30 June 2014, says that its business has traded comfortably in line with the board’s expectations. The legislative changes implemented in the UK personal injury market in 2013 are now fully embedded and the group continues to see opportunities to deliver further growth in revenue and profit from its established business, as well as potential new service offerings. This trading update supports the positive view on NAHL outlined in our initiati...

Institutional Comment: Daily comment

Initiation: Growth potential with a prospective 6.9% yield

Following the IPO placing of 17.5m shares, NAHL has traded on AIM since 29 May 2014. The group has adapted well to the new legal environment in the fragmented UK personal injury (PI) sector following the April 2013 substantive changes in how the consumer litigation market may operate. Over the past 20 years, NAHL has created significant competitive barriers to entry via high media spend, marketing know-how and long-established law firm relationships. The group's highly recognised Underdog charac...