Mony Share Discussion Threads

[isis] 01/8/2008 09:14

Big Auction going on at the moment - Both sites consistently busy Money and Travel.

[masurenguy] 29/7/2008 09:15

Todays RNS indicates that Teachers have put their marker down on MONY. This should go some way toward underpinning the share price since the lower it falls the more likely Teachers are to make a bid.

[isis] 29/7/2008 09:10

sharebuy - not sure how they can say they are a 'leading' price comparison site when they rank over 5m on Alexa and use Energylinx's platform - this is way too risky. imo

About Billscutter

Billscutter is a leading commercial and domestic energy price comparison service based in Blackburn.

Our domestic comparison platform is 100% impartial being provided by Energylinx, the UK's largest 100% impartial specialist domestic energy price comparison. Energylinx were one of the original companies accredited to the Energywatch Confidence Code and have recently, December 2006, been awarded accreditation to the latest Confidence Code.

[masurenguy] 29/7/2008 07:22

STATEMENT RE: MONEYSUPERMARKET.COM GROUP PLC

TORONTO, July 23, 2008: At the request of the UK Takeover Panel, Teachers' confirms that it made a preliminary approach, through Teachers' private investment arm Teachers' Private Capital, to Simon Nixon, Moneysupermarket.com's majority shareholder, in relation to a possible offer for Moneysupermarket.com. Teachers' has no current intention of making an offer for Moneysupermarket.com.

For the purposes of Rule 2.8 of The City Code on Takeovers and Mergers, Teachers' reserves the right to make or participate in an offer or possible offer for Moneysupermarket.com within 6 months following the date of this announcement in the event that: an agreement or recommendation from the Board of Moneysupermarket.com is forthcoming; there is an announcement of an offer or possible offer by a third party for Moneysupermarket.com; or there is a material change of circumstances.

With CDN$17 billion in invested and committed capital, Teachers' Private Capital is one of the world's largest private equity investors.

[isis] 29/7/2008 07:16

Billscutter.com has a traffic rank of over 5,000,000 compared to MONY's 8,000 - don't do it.

[isis] 29/7/2008 07:12

strongbuy - personally I think the market is becoming overcrowded and only the larger ones with deep pockets will surivive.
Some on here think they are easy to set up but MONY has 600 staff and spend millions on advertising, less than their peers who are nowhere near as high in the rankings.
Due to the costs involved not all will be around in a year or two - I'd be very wary of buying into the smaller ones no ones heard of.

[strongbuy] 29/7/2008 06:47

Just looked at several of these sites and saved enough for my TV licence ! on my energy bills and car insurance.

[strongbuy] 29/7/2008 06:44

just heard that there is another price comparison preparing to float, they are called www.billscutter.com i have got the company's house info and checked the website. It looks a very good opportunity and I await the prospectus

[evox] 25/7/2008 13:46

Seems to have established a new level >80.

[masurenguy] 24/7/2008 14:13

From The Times
July 24, 2008

Moneysupermarket.com shares leap after takeover approach
Christine Seib and Heath Aston

The value of moneysupermarket.com jumped almost £75 million yesterday after a takeover approach for the price comparison website. Simon Nixon, the founder of moneysupermarket.com, saw the value of his 54 per cent stake in the company increase by £40m despite rejecting the proposal, which he said did not include indicative terms. It was not clear last night who had made the proposal to Mr Nixon, although private equity bidders were thought to be most likely.

The approach was read as a further sign that interest in British financial services was returning, after buyers battened down during the credit crunch. On Tuesday, Paragon, the buy-to-let lender, said that it was in talks with a number of potential acquirers. Meanwhile, Santander, the Spanish bank, has made a £1.3 billion offer for Alliance & Leicester and HBOS shares soared yesterday by 16 per cent to 305p amid a rumour that BBVA, a Spanish bank, was considering an offer.

Moneysupermarket.com is paid a commission by providers of financial and other products that it lists on its website after customers click through from the site to make a purchase. Shares in the website soared by 45% to 101p each, before closing more than 22% higher at 84p. The value of the company hit £417m. This is still more than 50% below moneysupermarket.com's 170p-per-share float price when it came to market last July. The site's shares floated at the bottom of its expected price range amid difficult market conditions. The £170m raised was used to pay down debt that had been issued to buy out Duncan Cameron, moneysupermarket's co-founder. The decision by Barclay's First Plus brand, the personal loan provider fronted by Carol Vorderman, to stop accepting new business from August hit the website, knocking £7m from its 2008 revenue. Trading in the rest of the business, which covers holidays to mobile phone contracts, was in line with expectations, moneysupermarket.com said.

Mr Nixon set up the website after dropping out of his course at Nottingham University to sell financial products. He noticed that there was a lack of comparison tools for financial advisers, so set up a magazine called Brokers Update. When, after two years, subscriptions slowed, he convinced Mr Cameron to leave university and use his IT knowledge to build a program to compare the rates on financial products to cater to advisers' growing taste for online information. Five years later, the pair developed moneysupermarket.com aimed at consumers. It was launched in 1999 but Mr Nixon and Mr Cameron fell out and have not spoken since 2001. Mr Cameron remained a silent partner in the business until last year.

[isis] 24/7/2008 10:47

Ontario Teachers' Pension Plan admits moneysupermarket.com bid talks
Dearbail Jordan

Ontario Teachers' Pension Plan, one of Canada's largest pension funds, admitted late last night that it had made an approach to buy moneysupermarket.com. Its proposal was rejected by the price comparison site.

The pension fund was forced to make a statement to the market after moneysupermarket.com revealed that Simon Nixon, founder, chief executive and 54 per cent shareholder in the website, had received an approach. The company subsequently rejected the proposal.

Ontario Teachers' Pension Plan, which manages C$108 billion (£53.5 billion) in assets, said it has no current intention of making an offer for the company but could return with a bid in the next six months.

Shares in moneysupermarket.com soared 45 per cent yesterday when the company admitted the approach, before closing 22 per cent higher at 84.25p.
Related Links



Today, however, its shares fell 5.34 per cent to 79.75p making moneysupermarket.com's stock worth 50.3 per cent less than its flotation price of 170p when it made its stock market debut a year ago.

[isis] 24/7/2008 09:05

Quickmind,

They have a $17billion Pension Fund ie.£8.5billion - don't knock it!

I hope you have a stop loss in place. ;-))

[masurenguy] 24/7/2008 09:02

Teachers might just have put Moneysupermarket into play !

[isis] 24/7/2008 08:26

No stops?

Nothing to keep other bidders away now they are in focus.

[quickmind] 24/7/2008 08:07

What a silly act by Ontario Teachers'! Nearly got me into trouble.

[isis] 24/7/2008 07:15

RNS Number : 7592Z
Ontario Teachers Pension Plan Board
24 July 2008







NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.


ONTARIO TEACHERS' PENSION PLAN BOARD (TEACHERS')



STATEMENT RE: MONEYSUPERMARKET.COM GROUP PLC

(MONEYSUPERMARKET.COM)



TORONTO, July 23, 2008: At the request of the UK Takeover Panel, Teachers' confirms that it made a preliminary approach, through Teachers' private investment arm Teachers' Private Capital, to Simon Nixon, Moneysupermarket.com's majority shareholder, in relation to a possible offer for Moneysupermarket.com.


Teachers' has no current intention of making an offer for Moneysupermarket.com.


For the purposes of Rule 2.8 of The City Code on Takeovers and Mergers, Teachers' reserves the right to make or participate in an offer or possible offer for Moneysupermarket.com within the six months following the date of this announcement in the event that: an agreement or recommendation from the Board of Moneysupermarket.com is forthcoming; there is an announcement of an offer or possible offer by a third party for Moneysupermarket.com; or there is a material change of circumstances.


With CDN$17 billion in invested and committed capital, Teachers' Private Capital is one of the world's largest private equity investors. Teachers' Private Capital is the private investment arm of the CDN$108.5-billion Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada. The Ontario Teachers' Pension Plan is an independent corporation responsible for investing the fund and administering the pensions of Ontario's 278,000 active and retired teachers.


- ## -


Contact:

Deborah Allan

Director, Communications and Media Relations

Ontario Teachers' Pension Plan

[phone]

[e-mail]

This information is provided by RNS
The company news service from the London Stock Exchange

[littlemadam] 23/7/2008 19:48

but will he sell at the right price??

[scburbs] 23/7/2008 19:36

Interesting news.

The closing of my short in the mid 80's, just before the trading statement was released, is not looking as unlucky as it did at the time!

[masurenguy] 23/7/2008 15:23

LOL - not according to jawpaw aka Kim Jong IL

[evox] 23/7/2008 15:14

So it is worth more than 30p then!

[isis] 23/7/2008 15:05

Well those who were short have just had their bolox shot off!
LOL

[isis] 23/7/2008 14:57

Looks like there was a bit of leak looking at the trades!

Response to share price movement (Moneysupermarket.Com)

RNS Number : 7293Z
Moneysupermarket.com Group PLC
23 July 2008


Moneysupermarket.com Group PLC ("Company")
23 July 2008

The Board of the Company notes the recent movement in its share price and confirms that an
initial approach regarding a possible offer
for the Company was today made to Simon Nixon, the Company's CEO, in his capacity as 54%
shareholder in the Company. The unsolicited
approach did not contain indicative terms for any offer and has been rejected by Mr Nixon.

Darren Drabble
Company Secretary


This information is provided by RNS
The company news service from the London Stock Exchange

END

RSPFKNKPNBKDBOB

[isis] 23/7/2008 14:34

Shorters unwinding?

[masurenguy] 23/7/2008 14:19

Willz - I concur with the isis comments above.
Strange how those two cybermorons taffee and jawpaw have suddenly disappeared !

[isis] 23/7/2008 12:37

Willz - these have been oversold because of the Barcalys withdrawal of First Plus which has'nt even taken place yet.
They are consistently rising in the Alexa Ratings now 109 from 150 a few months ago and Travelsupermarket up from 350 to 240 - check it yourself and see.
First Plus accounted for 4% of Revenue but shares have dropped more than 50%.