Nahl Group Share Price (NAH)

I figured it must have been tipped somewhere

A goodly number of trades gone through, so far today, in tune with the near-12% up-tick.

Further to go, I reckon ... on a buy to hold basis.

Sp, of 61, has to overcome preceding peaks at the same level, in October 2020, and September 2021. The next potential resistance from an old low is 77. Both Bollinger bands are separating, upper band going up and lower band heading down. This simply means the price will move fast, until such time as the lower band starts to turn up, when a retracement , may begin.

Interesting and reassuring interim results this morning.

They are progressing well with their strategy of building up a book of WIP (work in progress) within their law firm and are balancing investment in cases with cash flow sensibly. Once the book reaches maturity (FY24), it should generate £2-3m per year in profits, which when added to the c. £3-4m+ profits from their other main division (provides Critical Care assessment and expert witness services), the group should be earning in excess of £5m per year. That's against a market cap of c.15m (EV of £29m). I hold.

Hefty purchase today. Can’t grumble at a quarter mill bought.
The spread says it’s a “buy” .....let’s flippin hope so...

RNS due soon me hopes