Moneysupermarket.com Share Discussion Threads

[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).

[hericsaba] 25/1/2024 10:52

Money Supermarket shares up after Amazon closes UK insurance site

[aeonflux] 18/1/2024 11:18

Morgan Stanley starts Moneysupermarket.com with 'overweight' - price target 325 pence

[wba1] 16/1/2024 12:16

A very odd reaction today. A very positive Q3 update in a market where insurance prices are rising steeply, encouraging shopping around, travel continues to grow back to pre-pandemic levels and there is still the energy switching market to return. My guess is this will go back to the 270/280 level with the full year results and outlook in February. I have topped up and hold for 300 sometime in the next 12 months.

[farnesbarnes] 16/1/2024 11:49

Indeed spud. Institutions controlling the price to load up.

[spud] 16/1/2024 11:24

Broker Notes = (Legal)Insider Trading at its finest.

spud

[deadly] 16/1/2024 11:02

Buying opportunity given the last TU and the IC recommendation?

[aeonflux] 16/1/2024 10:41

Moneysupermarket: A double downgrade from Investec and Jefferies has sent the price comparison company to the bottom of the FTSE 250 this morning, with a 5% drop

[18bt] 03/11/2023 07:18

Tipped in the IC as a Buy this morning - probably won't help...

[farnesbarnes] 19/10/2023 15:07

Thats true, there could be serious q's regarding the construction method of the car park. I've just seen a modular steel 3 level carpark erected by us in about 2 weeks. Scary thought!

[18bt] 18/10/2023 22:13

Plus rebuild of car park etc Will make underwriters thing about unusual events for which they should price.RI will pick up most, but that won’t help 1/1 RI pricing. Premium inflation likely to continue IMHO.

[farnesbarnes] 17/10/2023 14:09

Assuming 30k average cost per vehicle, 42m is small fry. And I'm sure the vehicle insurers are likely to go after the PL and reinsurers. It will all be fudged/smoothed over accordingly.

[18bt] 17/10/2023 13:18

Motor premiums going a lot higher -writing off 1400 cars due to the fire in Luton is a big hit

[faz] 17/10/2023 10:00

Decent market response; its still undervalued. By building up its other revenue earners, when the energy market does open up again, the current share price will look to be very cheap.

[spud] 17/10/2023 08:06

Q3 Trading Update.Revenue in the quarter up 14%, driven by strong growth in Insurance and Travel.spud

[spud] 07/9/2023 08:54

IN THE KNOW: Shore bemused by Moneysupermarket share price weaknessSource: Alliance NewsMoneysupermarket.com's share price struggle since reporting half-year results in July has been "surprising", says Shore Capital Markets analyst.That comment could be applied to the whole UK Market! spud

[18bt] 29/8/2023 15:04

From Insurance Times
More consumers actively looking for cheaper motor premiums as prices rise

By Chantal Kapani29 August 2023
’This year has seen the price of motor insurance increase alongside inflation,’ says chief executive

More consumers across the UK are actively searching for the lowest motor insurance quotes as prices continue to rise, according to new figures.


In a statement released today (29 August 2023), insurtech Zego revealed that motorists searching for ‘cheaper car insurance’ surged by 125% in the last 12 amid inflation pushing up the cost of premiums.

It came after the ABI revealed earlier this year (11 August 2023) that the average premium paid for private comprehensive motor insurance surged 21% year-on-year to £511, the highest level since records started 2012.

The association said the higher premiums reflected continued rising costs for insurers, which came as a result of increased inflation.

Zego chief executive Sten Saar said: “This year has seen the price of motor insurance increase alongside inflation.

”It doesn’t come as a massive surprise that the people of the UK are making such a big effort to get the best possible deal they can for their insurance.”
Cities

Zego obtained the figures from Google trends data, with the firm analysing searches from each city.

[spud] 03/8/2023 18:17

Ex dividend day hence the drop. spud

[farnesbarnes] 26/7/2023 15:04

Did UBS get their fill at 260p?

[disc0dave45] 25/7/2023 18:11

Agree with their target price.

[aeonflux] 25/7/2023 16:16

Moneysupermarket.com (LSE:MONY) Group PLC’s shares have been rattled by a double downgrade by UBS sending shares 4.4% lower at 264.40p.

The Swiss bank cited four main reasons for the move to sell from buy:

1) with shares up around 45% year-to-date, the group is now trading at a premium to other online marketplace peers, after adjusting for medium term growth expectations;

2) it does not expect energy switching volumes to recover to their prior peak;

3) it sees downside risks to consensus 8% revenue growth in 2024 given tough comparatives in insurance and soft trends in money;

4) it believes long term profit growth (exenergy) is likely to be limited.

The broker also cut its price target to 260p from 275p.

[disc0dave45] 24/7/2023 18:51

Any forecasts?, I've got 17p eps, with a decent rating of 15x and a target price of 255 to 260. So seems to be ahead of itself IMO.

[farnesbarnes] 24/7/2023 11:58

I reasonably looking at a 310 short term target based on that chart pattern over the last 3 months.