Moneysupermarket.com Share Discussion Threads

[its the oxman] 15/11/2020 13:34

Any holders got a view on this, no great bounce back yet at 260p

[energeticbacker] 23/10/2020 15:52

The latest round of quarterly updates from Investor’s Champion’s income stocks suggests that they've hunkered down and are well positioned to benefit when the economy starts to recover. #igg #mndi #mony #pson

[adamb1978] 17/8/2020 15:11

Sold my MONY position this morning after reflecting on my portfolio over the weekend.

Main reason was simply that with this year being a weaker year than last year, and the price implying a PE of say 22x, before dropping to a more normal level for MONY of say 16x-17x next year, I felt that there is more short-term downside and possibly limited upside over the next 6-12 months.

I (luckily, rather than skillfully) managed to get in almost right at the March bottom so happy to tuck my c.30% gain away and move on. Will keep on the radar for a re-entry point if it gets hit in any market fluctuations.

Adam

[glenowen] 31/7/2020 11:26

Investors Chronicle recommends “Buy” in today’s issue. While referring to short term pressures related to lockdown, it concludes “long-term growth is supported by launch of new services”.

[deadly] 28/7/2020 11:58

Decent results today, market likes it. Dividend held, cash flowing.

[salpara111] 17/7/2020 13:03

made a bit of money on this back in 2017, currently struggling to find decent places to put my money but MONY has appeared on my radar again.
Just noticed that the share price today is pretty much identical to what I paid back in 2017!

[growthpotential] 16/7/2020 20:00

Surely this is way undervalued

[suetballs] 07/4/2020 09:07

Chairman buys 30000 shares. Nice.
Suet

[contrarian joe] 03/4/2020 12:20

Moneysupermarket.com Group PLC Trading Statement
02/04/2020 7:00am
UK Regulatory (RNS & others)

Moneysupermarket.com (LSE:MONY)
Intraday Stock Chart
Today : Friday 3 April 2020

TIDMMONY
RNS Number : 4898I
Moneysupermarket.com Group PLC
02 April 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
2 April 2020
Q1 2020 & COVID-19 Update
Moneysupermarket.com Group PLC reports trading results for the quarter ended 31 March 2020

Q1 2020 Q1 2019 Growth
GBPm GBPm %
Insurance 51.9 48.3 8
Money 24.5 25.3 (3)
Home Services 19.5 19.6 (1)
Other revenue 11.4 11.7 (2)
-------- -------- -------------
Total 107.3 104.9 2
-------- -------- -------------

Diversified business delivered 2% revenue growth in Q1
-- Trading within Insurance was driven by travel and life. Our natural search rankings have improved since Q4 2019 although we continue to see some volatility.
-- In Money, during the first part of the quarter credit and banking returned to growth, however during March trading dynamics deteriorated.
-- Attractive offers from energy providers and large customer savings meant that Home Services trading was broadly in line with last year's exceptional performance.
-- Within Other, TravelSupermarket traded well at the start of the quarter but from mid-February trading weakened significantly from COVID-19. This was partially offset by Decision Tech's growth.
Operations
The welfare of our colleagues remains paramount as we navigate the uncertainty caused by the pandemic. Our technology platform and secure infrastructure can support employees, including our contact centre team, to work efficiently and safely from home. We plan to remain a flexible and efficient way for our providers to reach customers throughout the crisis.
Our comparison services are important to customers in these uncertain times. MoneySavingExpert has seen readership of its news section, which includes the Coronavirus financial guides, increase over 200%.
Mark Lewis, CEO of Moneysupermarket Group, said:
"Having fully moved to remote working to support the health and safety of the team, we remain as committed as ever to help our customers through this crisis.
"As household incomes come under pressure, we continue to offer a broad range of deals for people looking to save. The MoneySavingExpert team continues to publish the most authoritative guides to help people navigate the impact of Coronavirus on their finances.
"This situation is continuing to develop but we in turn will continue to do all we can to help our customers at this difficult time."
Outlook
It is still too early to determine the full impact of the rapidly changing situation. Given the evolving nature of the pandemic and the associated uncertainty and lack of visibility, we are suspending all financial guidance for the financial year 2020.
As a marketplace business, we are impacted by changes in consumer demand or provider supply. In Q1 we initially saw strong demand for travel insurance due to consumer concerns over COVID-19 but both TravelSupermarket and travel insurance have materially weakened since the travel ban. Over recent weeks we have seen a slowdown in consumer demand and lower product availability in our Money business. Notably the outlook for loans and mortgages and some of our promotional Money channels has reduced. To date, Insurance and Home Services trading remain relatively resilient. Over the longer-term, the attractive fundamentals of our business and markets are unchanged.
Balance sheet and dividend
We benefit from being a financially resilient business with diversified revenue streams and strong cash conversion. We have access to a GBP100m committed revolving credit facility, which matures in September 2021, with the ability to apply for a one or two year extension to this facility. As at 31 March 2020, we had net cash of c.GBP30m.
Given this strong balance sheet and robust liquidity position, the Board has determined that, despite the challenging macro conditions, the proposed 2019 final dividend amount of 8.61p per share will not jeopardise our ability to continue to invest into the business and support ongoing operations, including our customers and colleagues.
The Board therefore proposes to pay the final dividend of 8.61p per share declared with the Group's preliminary results and will keep dividend policy for the rest of the year under review.
Notes:
Revenues for TravelSupermarket and travel insurance for the 3 months to 30 June 2019 were c.GBP12m
GBP100m committed revolving credit facility has the following covenants: EBITDA:net finance charges no less than 4.0x and net debt: adjusted EBITDA no greater than 3.0x
Adjusted EBITDA is operating profit adjusted for depreciation, amortisation and other non-underlying costs including strategy related costs
For further information, contact:
Scilla Grimble Chief Financial Officer [e-mail] / 0207 379 5151
Jo Britten Investor Relations Director [e-mail] / 07896 469 380
William Clutterbuck Maitland AMO [e-mail] / 0207 379 5151
This statement may include statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Group undertakes no obligation to update, revise or change any forward-looking statements to reflect events or developments occurring after the date such statements are published. The information in this release is based on management information.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.
END
TSTZZGGDVMFGGZM
(END) Dow Jones Newswires
April 02, 2020 02:00 ET (06:00 GMT)

[suetballs] 02/4/2020 09:16

Hurray - gonna get a dividend.
Suet

[suetballs] 23/3/2020 11:09

Barclay's raises mony to overweight.
Suet

[suetballs] 22/3/2020 15:31

I agree - this should do better than many other shares.
Peeps still need to buy energy and insurance and now will have plenty of time to do it!
Suet

[closetinvestor] 05/3/2020 12:02

Mentioned in this weeks Shares magazine, as a stock to buy now. Basis being its taken a hit from the Corona virus scare unfairly, as its business has no connection with it other than the whole market being dragged down. Points out that MONY reported a well received update before earlier in year before market volatility, so has potential to recover with time.

[dround87] 21/2/2020 11:23

Always happy to buy a reverse cat

[suetballs] 20/2/2020 19:37

oops sold these.

[suetballs] 20/2/2020 19:18

And to think I almost these after reading the Questor article!
Suet

[hsduk101] 20/2/2020 16:55

Up 18% today, positive review by peel hunt also

[contrarian joe] 20/2/2020 08:06

Results better than expected,added on the bell.

[deadly] 19/2/2020 18:43

Can't understand why this has had such a poor performance recently against the ebullient market elsewhere. The last results were good. Must be an even better bargain now.