Moneysupermarket.com Share Discussion Threads

[disc0dave45] 23/5/2022 09:53

Energy - their Q1 Rev grew 8% with zero income from energy. EBITDA to be in line with 2020 with zero from energy - IMO They don't need energy in order to grow.UK Wholesale gas prices have fallen dramatically, back to where they were before it spiralled out of control - normality will return quicker than you think IMO.

[alotto] 23/5/2022 09:38

CWA1: Interesting. I think comparing bank accounts/credit cards can bring some more revenue now that interest rates are rising however energy comparison is set to be depressed for some time. I would say no less than 2 years

[cwa1] 23/5/2022 08:02

Tipped in The Sunday Times as a "BUY"

[disc0dave45] 19/5/2022 18:32

Held up pretty well today

[disc0dave45] 18/5/2022 11:53

Energy in FY2019 was 75% of Home Services revenue. If / when this market returns, which it will and at significant growth IMO as households will now be focussing more on such costs going forwards (as they will with all their outgoings!), that could be an additional £13m pa to their bottom line, or put another way circa +15% pa growth to eps.All IMO so DYOR.

[spud] 11/5/2022 13:56

Happy for an underbite valuation as I continue to accumulate.

spud

[isis] 11/5/2022 12:03

Not sure what the Energy Switching part is worth to them but that part looks to be off limits for some time to come. Also Energy Companies will not be able to offer the Carrot to new Customers so I read.
The Travel part my make up for some of this lost revenue though.

[alotto] 11/5/2022 11:58

I think this will go own for quite a distance. In this kind of business the competition is fierce and revenue streams will be hit quite hard. Rising cost of energy with no many options to switch for cheaper suppliers. Rising living cost mean less travelling. Rising interest rates means less people starting mortgages. I would wait another quarter before considering MONY. We will see a PE of 10 or less

[disc0dave45] 11/5/2022 11:08

Can't be far off bottom now IMO.With a forward PE of 13x it's already decent value and with cost of living pressures on household budgets they should have a very decent year.For the record I don't hold but it's in my ever increasing watchlist.

[saint or sinner?] 11/5/2022 10:53

How much lower can this one go?

[hybrasil] 12/4/2022 10:28

Crazy valuation for a company that clearly has gone ex growth

[spud] 12/4/2022 08:59

STRONG Q1 RECOVERY IN MONEY AND TRAVEL AT MONEYSUPERMARKET




12 Apr 2022 Wales Business
Moneysupermarket.com Group has said its first quarter has been characterised by a strong recovery in its money and travel operations, offset by energy market disruption.


In an update for the quarter to 31 March 2022, the price comparison business said travel insurance continued to recover with revenue close to 2019 levels.


Money grew strongly, led by a recovery in borrowing, while banking was said to have performed well driven by good availability of promotional offers.


Travel recorded its best quarter in two years given strengthening demand as Covid restrictions were lifted. Cashback trading benefited from the recovery in travel, but was offset by lower volume in other channels.


Home services traded in line with the fourth quarter of 2021, with no energy revenue as expected.


Revenue in the first quarter rose by 8 per cent to £92.3m, with insurance level at £41.1m and money up 37 per cent to £24.8m.


Home services revenues, however, fell by 65 per cent to £9.1m.


The Moneysupermarket board said it continues to expect full-year EBITDA to increase to about 2020 levels, with profit weighted to the second half.


Chief executive Peter Duffy said: "We are pleased with the strong recovery in money and travel, and continue to execute well against our strategy.


"With cost-of-living increases adding pressure to consumer budgets, our distinctive brands remain well positioned to help households save money in a broad range of areas."


spud

[spud] 12/4/2022 07:53

Great trading statement:Moneysupermarket Q1 revenue GBP92.3m vs GBP85.5m YoYspud

[one_frankel] 11/4/2022 16:30

Very interesting at these valuations and if you've used comparison websites for comparison between each, then you'll realise that MoneySupermarket is incredibly competitive in relation to those others and that will make alot of difference to its underlying business performance in future!

[alotto] 11/4/2022 08:59

Brucie, what's concerning me is the loss of the energy market which is not going to return soon. I am weary of the strong competition, there are plenty of comparison websites these days...

[spud] 08/4/2022 11:51

Bought more on the recent dip today - Can't see any obvious reason for the further fall other than the European shenanigans.

Yield rising nicely and becoming more of a takeover prospect with every dip.

spud

[brucie5] 05/4/2022 12:57

I've been watching this one, since it's fallen 50% from 2019 peak and now yielding a useful >6% dividend . I was thinking it might have found a new double bottom just beneath 2.00. Seems like it may have broken that support, but there again, that may just be intraday wobbles, in which case the triple bottom will be in. To my mind, a fall of over 50% from peak is generally indicative of likely further falls, quite commonly up to a further 50% to take it to a quarter of the original peak. So on further decline, I think more likely a repeat of the 2013 support, which looks to have been c. 1.40. That would make a hefty c. 8% dividend, not inconceivable in current markets.
I should say I know little specifically about the businesss, though I did take a look round its site the other day, and have scrolled back through the thread. It doesn't pass any metrics on Stocko, though it does achieve a decent 83 for quality. So nothing there to standout.
In conclusion, after three years of decline and now, the loss of the energy markets, I think it's probably approaching time to buy, but maybe not quite yet.

[prokartace] 05/4/2022 10:13

Barclays cuts Moneysupermarket to 'equal weight' (overweight) - price target 220 (260) p

[netcurtains] 05/4/2022 09:13

FCA - lol....

[prokartace] 05/4/2022 09:13

Couldn't possibly say, but think the FCA would be on their cases if that were true

[netcurtains] 05/4/2022 08:30

dont broker downgrades happen (generally speaking) because brokers' clients want to buy the shares?

[prokartace] 05/4/2022 08:27

Broker downgrades is a headline I have just seen but no specifics

[spud] 05/4/2022 08:21

Not sure. Managed some more at 181p with another order in at 175p.spud

[netcurtains] 05/4/2022 08:14

why the massive fall this morning?