Moneysupermarket.com Share Discussion Threads

[plat hunter] 25/9/2021 21:39

Less choice always means higher prices. Higher prices, equals higher commissions.

[eezymunny] 25/9/2021 14:37

Less insurance comparisons coming too, with new rules about charging same to new and old customers?

[plat hunter] 24/9/2021 16:11

On the flip side, there's 1.5 million new energy quotes up for grabs

[plat hunter] 24/9/2021 16:11

It's a growth market Suet, no new cars, no growth.

[suetballs] 24/9/2021 11:45

But peeps still have their old cars which they have to insure! Suet

[plat hunter] 24/9/2021 11:31

Fewer car sales, fewer quotes

[prokartace] 24/9/2021 11:13

Plat can you tell my why chips affect MONY?

[plat hunter] 24/9/2021 10:06

Car insurance is undoubtedly the biggest earner. MONY is a victim of the chip shortage it seems

[pinemartin9] 23/9/2021 23:10

If it dips below 200p I may buy back in. I offloaded at about 250 last week. Need to scrutine the accounts as it's a 1B plus valued company...

[deadly] 23/9/2021 22:43

Travel is improving too, surely an important part of revenue.

[boonkoh] 23/9/2021 21:32

Thought insurance was the biggest revenue segment, not energy?

[suetballs] 20/9/2021 15:53

The big drop is not surprising then - nothing to compare. Suet

[karadas09] 20/9/2021 15:35

Suppliers all pulling deals from pcws as prices settle at the price cap.

[suetballs] 20/9/2021 10:28

Small gas suppliers going bust having an impact here? Suet

[deadly] 22/7/2021 11:51

the market likes the results and so do I. Hardly any recovery from last year's lows so about time.

[suetballs] 28/5/2021 12:25

Good counter arguments. Suet

[rob the slob] 28/5/2021 12:08

I don't see it that way. IMHO I think what it will mean is that insurance companies can no longer profit from luring new customers in and then hiking the price in return for loyalty. The ins companies will adjust their marketing as they will still be just as keen to attract new customers if not more so (as the chances of retention may increase). This means they will cyclically take it in turns to be the "market leader" (to new and old customers) for a year or two followed by many more years of being more expensive than others. This is what the gas and elec companies do. It might mean with all the publicity that the companies will put out that some customers are falsely reassured that they don't need to shop around but most are not stupid. Shopping around is here to stay and with autoswitching products on the price comparison sites will continue to increase.

[robertball] 28/5/2021 08:06

Isn't the FCA announcement re: auto renewals this morning a nail in the coffin?

[pinemartin9] 20/5/2021 20:40

Nice dividend payment banked and share price holding firm. I could see this being 20% higher by the time it goes ex dividend for the next final payment. 25% in 12 months would be good.

[w1lbur01] 20/4/2021 12:06

Brought a few today

[hardupfedup] 08/4/2021 08:09

ok thanks -- missed that

[t-trader] 08/4/2021 08:07

hardupfedup It’s gone Ex-Div today

[hardupfedup] 08/4/2021 08:06

what a drop -- are they short this morning

[shareval] 16/3/2021 18:05

Probably. They have been reported to the FCA for knowingly selling fraudulent products. The head of compliance admitted (on tape) that no serious company would continue to sell them to which she replied "yes" and also said "you quite clearly have the evidence". Her problem was that in the sector she was told about, out of the 30 policies I was offered only one(1) was not the same underwriter. So in effect MSM offerings would have been zero and in some searches would have actually been zero. In other words, their business would look ridiculous with blank pages. Apparently, the report also highlighted other frauds too at MSM. The FCA described these products as "rotten apples" and "we are clearly missing something financially behind the scenes" which is obviously the case. So MSM agree it is likely fraudulent and then eight months later are given 100 pages of material - some from inside the FCA i.e. responses from the CEO (both of them) and tapes and she ignores it again. The fine is going to be £50 million plus I suspect given Carphone warehouse were fined circa £30 million for selling products that were not fraudulent but not needed. That's a far cry from what MSM are accused of - in some detail. The FCA today engaged NatWest for criminal prosecution - the first since 2007 and ever under the Act. The new CEO of the FCA I think could remove MSM from various sectors rather than fine them which only encourages bad behaviour. You build market share, pay the fine and start from an elevated position. It is flawed and the FCA have been made aware of this. That means a share price of 150 or lower. They have been labelled the biggest propagator of fraud in the UK by volume. I personally believe it to be true and it is no coincidence that Provident Financial is being investigated by the FCA and 30% off the stock yesterday and they sell a lot of products through - you guessed it MSM. How exactly do they have a 50% plus ROE which is 5x Goldman Sachs and 2x Amazon? Has anybody asked this question on here? From a company that has no material advantage given everybody uses all the sites? That being said someone down the list here said they were a buy because they at the best ROE but you have to ask how and why.

[prokartace] 15/3/2021 13:38

Its the tech sell off in the US that is causing ripples