Another subprime school that sounds like another school?
National American University Holdings shares have been below $1 since August 16th. NASDAQ will send a warning to NAUH if they cannot get the share price to $1. More information is here:... — read more
You can find out more at https://www.thelayoff.com/nau http://collegemeltdown.blogspot.com/2018/09/national-american-university-and.html
NAUH has been losing money since 2015, with only severe cost cutting in sight. A former NAUH executive has filed a False Claims lawsuit alleging that the school defrauded the US government. NAUH has mortgaged their real estate assets to stay afloat... — read more
It sounds like NAUH is positioning to close more of its campuses. "As previously announced on March 22, 2018, NAU has consolidated several underutilized physical locations into existing operations. NAU recently liquidated two previously closed... — read more
It's not good when a company cannot submit its reports on time. I've seen this play out before with other subprime schools that crashed. https://www.sec.gov/Archives/edgar/data/1399855/000165495418009702/nauh_nt10k.htm
At what point will T. Rowe Price decide to cut their losses? Everyone else has bailed. https://fintel.io/so/us/nauh
Revenue of $19.14M (-13.6% Y/Y) https://seekingalpha.com/news/3383260-national-american-university-reports-q4-results
4th Quarter conference call on Thursday, August 16, 2018, at 11:00 a.m. ET. https://seekingalpha.com/pr/17227721-national-american-university-holdings-inc-schedules-fiscal-2018-fourth-quarter-year-end
President of Strategic Initiatives and External Relations resigning effective July 31. https://www.sec.gov/Archives/edgar/data/1399855/000165495418007802/nauh_8k.htm
Do I have this right? Did NAUH take out an $8M loan from Black Hills Community Bank ? If so, what does this mean? https://fintel.io/doc/www.sec.gov/Archives/edgar/data/1399855/000165495418005711/nuah_8k.htm
Here's the list of institutional shareholders and the insider roster. https://fintel.io/so/us/nauh https://fintel.io/n/us/nauh
Is the end near for NAUH? How much money do they have left? https://seekingalpha.com/news/3363942-investors-bid-national-american-university?v=1529811462
NAUH is at about $1.25 a share. Below $1 for three months and NAUH gets delisted.
NAUH stock is down this month. Any word on the ground about layoffs?
"National American University Holdings Inc. (NAUH) on Wednesday reported a fiscal fourth-quarter loss of $968,000, after reporting a profit in the same period a year earlier."... — read more
"During January 2016, the Company announced the planned closure of two campuses: Weldon Spring, Missouri and Tigard, Oregon, effective March 1, 2016. The related physical locations will not be driving future revenue; instead, these students will be... — read more
Anyone has more information?