MONY Group Plc

-1.00 (-0.4%)
Share Name Share Symbol Market Type Share ISIN Share Description Group Plc LSE:MONY London Ordinary Share GB00B1ZBKY84 ORD 0.02P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.00 -0.4% 251.60 48,450 08:59:51
Bid Price Offer Price High Price Low Price Open Price
251.40 252.00 253.40 251.60 253.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Information Retrieval Svcs 387.60 68.30 12.70 19.26 1,350.74
Last Trade Time Trade Type Trade Size Trade Price Currency
08:55:50 AT 960 251.60 GBX (MONY) Latest News (MONY) Discussions and Chat (MONY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:55:50252.202460.53AT (MONY) Top Chat Posts

Top Posts
Posted at 25/5/2023 08:10 by 18bt
OFGEM announcement will hopefully be good for MONY:

Ofgem hopes 'competitive fixed price' energy deals will return

The situation in the energy market is improving and cheaper deals could soon return, Ofgem chief executive Jonathan Brearley said.

He told BBC Radio 4's Today programme:

What we are seeing though is going back sort of five, six, seven, eight months ago, where we saw the international prices were 10, 15 times their normal price, we are seeing things normalise, we are seeing things stabilise.

And we are very hopeful that we will start to see the competitive fixed price deals re-enter the market. And if we see that, then customers will get a better deal than the price cap.

So we have faced the biggest energy shock in our history, but things are improving.

Posted at 19/4/2023 15:00 by wba1
18BT; I had missed the Covea numbers. Truly awful although they have always been a bit dodgy, with a tendency to appoint salesmen to senior roles. There is no doubt that the motor market numbers for 2022 will be awful. E&Y guessed at 115% COR last I saw. And I agree with premium inflation helping increase shopping around. I mistook your point as being related to percentage commission. It seems to me that the big difference between retail insurers in 2022 and 2023 results is two things; have they stuffed the reserves in 2020/21 to enable some releases for profit smoothing (DLG and Sabre forgot to, Aviva had done so) and secondly, do they have a wider business base to balance the retail exposure (Aviva have only a small % exposed to retail, DLG have some commercial and other to help but Sabre are monoline). The really interesting thing with insurers is who may follow RSA in exiting the market. The real driver of insurance performance is always capital and the more who exit or reduce exposure the quicker premiums will recover to a sensible level. But all good news for MONY.
Posted at 18/4/2023 14:33 by wba1
I agree that MONY will surpass current full year forecast, however the motor insurance revenue is more driven by increased switching due to the ban on dual pricing and falling real wages than because of premium inflation. All aggregators have deals which deliver flat rate commission, although this is neither universal across insurers or within accounts, but where these deals are in place premium inflation becomes irrelevant. It would be interesting to see the detail of the MONY contracts with insurers - but they are not about to publish it.

I am surprised that the response this morning has not been stronger but I guess the board are deliberately managing expectations in order to make for a positive message at half year and full year.

Posted at 26/3/2023 16:49 by wba1
Monday could be interesting. Ovo has introduced a fixed price energy tariff below the cap, suggesting that the home energy market may reopen earlier than the company had expected (ie this year rather than next). That can only be a positive for the shares.
Posted at 16/2/2023 14:31 by kalai1 Group Plc posted Prelims for the year ended 31st December 2022 this morning. Group revenue was up 22% to £387.6m, adjusted EBITDA was up 15% to £115.5m and adjusted EPS was up 21% to 14.4p. Statutory EPS was up 30% to 12.7p. Performance has been very solid despite the BoE’s rate tightening cycle. The balance sheet is strong and strengthening, net debt-to-adjusted EBITDA fell to 0.3x (0.6x in 2021), but the dividend was left unchanged at 11.71p. Valuation is average with forward PE ratio at 15.9x, but dividend yield over 5% is generous. Some near-term positive share price momentum is building in the 2023 equity rally so far, macro risks are the obvious cloud to business and markets alike in 2023. MONY is an interesting Tech name for the long run, but it is still a share to monitor for the time being...

...from WealthOracle


Posted at 20/10/2022 15:11 by markbelluk
Liberum raises Moneysupermarket to 'buy' (hold) - price target 215 pence
Posted at 19/10/2022 19:11 by wba1
dd45; I am ashamed (at present) to admit the handle is from my team. But supporting West Brom seems to be more common than expected in insurance with the like of Martyn Capewell and Andy Homer (that's not me) ticket holders.

Today looks very overdone to me. I do not see this development having any effect on forecasts until 2025 at the earliest and that would put the p/e at 10 or even lower in 2024. I do agree that buying MONY would probably make most sense if they want to expand quickly.

The line up of companies is interesting. Coop will be desperate for any added volume. LV are really Allianz (who bought them and used the brand for retail). Colm Holmes took over from Jon Dye this year, having been elbowed to one side at Aviva, and will be trying to impress Munich. Ageas is more of a surprise as they are usually more focused on distribution they control more closely. What is relevant is that not one of the best underwriters of household business (Aviva, Direct Line, Zurich) have signed up. But household is a small market relative to motor and not very material to MONY bottom line even if Amazon do well - so the real test is what they do in motor.

Posted at 19/10/2022 08:46 by markbelluk
But dont miss the point here. If MONY becomes a competitor to Amazon they will simply buy it, especially give the weak £..i'm buying more
Posted at 19/10/2022 06:22 by tole has momentum, says AJ BellComparison site Moneysupermarket (MONY) is benefiting from the cost-of-living crisis as consumers shop around for the best deals, but there are still negatives, says AJ Bell.The group reported revenues were up a third in the three months to the end of September, a greater rate of growth than the 24% revenue gain recorded in the first nine months of its financial year.'The cost-of-living crisis is putting pressure on households to ensure their finances are shipshape and that means shopping around for better deals,' said analyst Russ Mould.'That's music to the ears of Moneysupermarket, which is clearly benefiting from the difficult backdrop as individuals seek better rates on credit cards and other financial products.'However, Mould said it is 'not all perfect' as the energy-switching market has 'effectively shut up shop on a temporary basis' and weaker consumer sentiment has also knocked demand for insurance.Mould said that despite the energy headwinds, he expects sales momentum to 'remain strong... well into 2023'.
Posted at 30/11/2021 13:17 by alotto
Question is what the share price looks like against forecast earnings.
I predict a medium term of suppressed earnings, I can't quabtify to make a judgment of the current share price.
Sure thing is, if dividends will be cut, the share price will suffer further, although it may be just in the short term. share price data is direct from the London Stock Exchange
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