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NAHL - Shares rocket over £4

November 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • NAH
  • Price:
  • 410p
The shares shot over 400p after NAHL announced it is buying Bush & Co. for £25m net of £3.3m free cash. To fund the deal it has placed 4.11m shares at 355p to raise £14.2mBush & Co is a leading provider of specialist services in the catastrophic and serious injury market. Specifically, it provides expert witnesses, immediate needs assessment and case management services to injured people, solicitors and insurance companies. The assessments are undertaken following accidents and encompass disabilities including spinal cord injuries, acquired brain injuries, amputation, orthopaedic injuries and visual impairment. It’s a highly fragmented market place and Bush is the market leader with around a 10% share. Last year, Bush ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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