tag:blogger.com,1999:blog-7294165939647321702.post8240582710935272529..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: NAHL GroupSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7294165939647321702.post-85415512550061697722017-10-19T10:26:15.526-04:002017-10-19T10:26:15.526-04:00Hi Saj,
I was a little bit shocked when I read th...Hi Saj,<br /><br />I was a little bit shocked when I read that you invested in NAHL.<br /><br />As a UK resident, I can tell you that this is one of the most hated industry. Their users are going through pain as they suffered either accident or other injuries and going through a bad time when they contact NAHL. Most users don't want to contact this kind of companies of they can settle with the opposite party directly.<br /><br />Regulators know that some of these companies, not sure NAHL in particular, are taking advantage of consumers and sometimes get 70-80% commissions from any claim they can win. And hence, regulators have put so many restrictions in the last few months to reduce their commissions.<br /><br />Insurers, physio companies, doctors, etc all dislike working with accident claim companies and now going to end-users directly where possible.<br /><br />In short, this isn't a win-win company which provides a good service which consumers like them. Also, this isn't providing any value-enhancing service to the society either. Being a very small cap company with 100s of other similar companies trying to get market share in the UK, I would be surprised to see NAHL making much profit in the coming years.<br /><br />But, as always, I might have missed valuing NAHL for short term or long term. Hence, good luck with the investment.<br /><br />Thanks<br />Veeral<br />V Shahhttp://vvshah.blogspot.co.uknoreply@blogger.com