Moneysupermarket.com Share Discussion Threads

[jsg123] 18/4/2024 14:22

Anyone know what risk the market seems to be pricing in here?
I really don't understand after good results in Febtuary and again this week, what is the markets problem here.

[jsg123] 17/4/2024 14:39

What about today, seemed to just suddenly fall thus morning, ludicrous, 226 to 211 in few days on a decent update really

[spud] 16/4/2024 09:38

I suspect it fell in sympathy with the Market in general. I've no stock in the blue this morning.spud

[wba1] 16/4/2024 09:07

An odd market reaction. Looking at the cause it seems that the revenue is short of Q1 analyst forecasts. However an 8% increase in Q1 implies very small growth in Qs2-4 in order to meet the mean full year revenue forecast of £449m. I will be surprised if revenue growth in that period is limited to 2-3%. I suspect that, as usual, analyst forecasts are more reliable at annual level than at granular quarterly level where there is limited understanding of, especially, the pattern of insurance renewals and trends through the year. I have added a few more this morning and am now at my preferred maximum holding. However any fall to 200 and I will break my limit as silly prices should never be refused.

[spud] 16/4/2024 08:53

Q1 2024 update

Moneysupermarket.com Group PLC trading update for the quarter ended 31 March 2024

Continued strong growth in insurance; full year guidance in line.

Revenue in the quarter up 8%, with growth sustained in Insurance.

spud

[wba1] 14/4/2024 19:42

I added more at 218. Does anyone know if the Q1 trading update is still on Tuesday? The company site still has it for that day but none of the week ahead lists from the likes of IC and PI seem to have it.

[aishah] 11/4/2024 13:54

Maiden purchase for me too. Go Compare going gangbusters, surely mony is too. Plus moneysaving expert and other streams. A couple of IIs have been reducing but eventually mkt will respond imo.

[melody9999] 08/4/2024 22:51

I've taken an initial position too pro.

[prokartace] 05/4/2024 11:59

no idea if this is the right time but yield of 5.6% and a fall from earlier in the year of nearly 25%, I getting my foot in the door

[se81] 04/4/2024 08:47

FUTR trading update this morning notes a strong performance from go compare- looks a little out of kilter with the recent share price decline here

[fwatson] 27/3/2024 16:54

Thinking of adding more tomorrow, will see how it falls..

[m w] 27/3/2024 14:54

Going ex dividend today for 8.9 p

[fwatson] 27/3/2024 10:05

Just started a position at 2.25. Here's hoping!

[faz] 08/3/2024 13:31

I'm out of th9iis for now. Any ideas on the reason for the freefall?

[wba1] 20/2/2024 14:52

The results were very much as expected and, as usual, the market dislikes a steady performance. But the real question is the outlook. I cannot see anything very challenging in the analyst consensus. Despite the cautionary note on insurance comparatives I expect them to hold up well as home insurance premiums have just started to rocket and whilst motor premiums may be levelling it is at such a high level that people will keep looking for better deals. And I expect travel and energy to perform better than expected. Travel may be competitive but the overall market is still recovering whilst recent energy deals suggest some return to a market, if not in 2024 then next year.
The interesting question for me is what they intend to do about using the very good financial position (minimal debt and good cashflow) to drive growth. The firepower available offers opportunities for both acquisition and expansion into new markets. European markets are still wide open for comparison sites, as is the USA (although this is more complex due to insurance regulation at state rather than federal level). It would be good to hear some thoughts from the board at the AGM.

[aeonflux] 20/2/2024 13:26

UBS cuts Moneysupermarket.com price target to 273 (285) pence - 'neutral'

Barclays cuts Moneysupermarket.com price target to 295 (305) pence - 'overweight'

[spud] 20/2/2024 09:33

Moneysupermarket.com annual revenue boosted by insurance surgeSource: Alliance NewsMoneysupermarket.com Group PLC on Monday said "exceptional trading" in Insurance helped to drive double-digit topline growth in 2023.spud

[spud] 19/2/2024 09:06

The normal UK tepid response to good results! Similar to the weather atm.spud

[spud] 19/2/2024 08:02

Financial highlights• Record revenue at £432m, despite no material revenue from energy switching• 11% revenue growth led by exceptional trading in Insurance, supported by efficient acquisition andretain and grow strategy• EBITDA up 14%, ahead of revenue growth, to £132m with margins expanded to 31% demonstrating continued robust cost management• Adjusted basic EPS up 12%• Operating cashflow before tax increased 7%, following the increase in tax rates operating cashflow after taxes are down 2%• Full-year dividend up 3% to 12.1p, £65 million distribution to shareholdersspud

[18bt] 19/2/2024 07:17

Decent results - slightly above market forecasts. Market forecasts for 2024 c£122m PBT = growth of c10%. Happy with that and to hold = div yield of 4.8% plus growth business. What’s not to like.

[wba1] 12/2/2024 11:00

Interesting to see British Gas and Octopus both come in with tariffs substantially below the price cap. It does suggest some reopening of the energy market may happen.

[farnesbarnes] 31/1/2024 12:46

Some chunky trades going through at these levels over the past week or two. Strange considering that two brokers came out with downgrades on the same day recently. A cynic might say it was co-ordinated - but why would institutions do that? Why?

[18bt] 26/1/2024 07:44

WBA agree with that, especially with the inflation in insurance premiums going on.

[wba1] 25/1/2024 12:42

The reactions when Amazon entered the market and now when they leave are equally ludicrous (as I said when they entered). If they were ever a threat it was only long term and if they spent a fortune. I recall, when I was an underwriting director, both Tesco and M&S trying to leverage their brands in insurance and failing miserably. The only cases I have seen which succeed are banks and building societies which piggyback insurance on related products. Perhaps now the junior analysts can stop panicking and get back to a realistic valuation (which starts with a 3).