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
  4.60 1.84% 254.00 3,642,384 16:35:25
Bid Price Offer Price High Price Low Price Open Price
253.20 253.60 254.00 246.80 248.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 344.90 87.80 12.90 19.7 1,364
Last Trade Time Trade Type Trade Size Trade Price Currency
18:28:36 O 39,796 253.949 GBX (MONY) Latest News

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09:20 Daily Update: Group Plc is listed in the Media sector of the London Stock Exchange with ticker MONY. The last closing price for was 249.40p. Group Plc has a 4 week average price of 246.80p and a 12 week average price of 246.80p.
The 1 year high share price is 316.60p while the 1 year low share price is currently 233.80p.
There are currently 536,859,223 shares in issue and the average daily traded volume is 1,584,449 shares. The market capitalisation of Group Plc is £1,363,622,426.42.
rob the slob: 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.
pinemartin9: 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.
shareval: 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.
apollocreed1: I had the same idea myself when I heard the news about However, Moneysupermarket is much bigger than Confused so I think less likely to be a takeover target -but at the current price it's still good value.
apollocreed1: @allonblack- ROCE is one of the highest in the market-roughly 40% every year. Free cash flow yield is only about 2% so the shares aren't cheap on that measure, but I can see the vaccine effect increasing business for MONY in all areas.
suetballs: Just checked my entry price which was £3.25 - some time ago. Suet
energeticbacker: 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: 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
salpara111: 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!
contrarian joe: Group PLC Trading Statement 02/04/2020 7:00am UK Regulatory (RNS & others) (LSE:MONY) Intraday Stock Chart Today : Friday 3 April 2020 TIDMMONY RNS Number : 4898I 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 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 / 0207 379 5151 Jo Britten Investor Relations Director / 07896 469 380 William Clutterbuck Maitland AMO / 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 or visit END TSTZZGGDVMFGGZM (END) Dow Jones Newswires April 02, 2020 02:00 ET (06:00 GMT) share price data is direct from the London Stock Exchange
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