Mony Share Discussion Threads

[lbo] 24/4/2009 19:17

THE credit crunch has chipped away at the fortunes of Wales' rich elite, according to The Sunday Times Rich List 2009.



The fortune of Simon Nixon, founder of North Wales-based price comparison website moneysupermarket.com, took the biggest tumble with £103m – 59% of its total value – wiped out.

[fugwit] 23/3/2009 08:45

Reg date for the divi is this week so hopefully we will see a push higher. Yield at around 5% just on the final div. Missed it at 35 but have a few tucked away in the isa for the future. I would recommend anyone looking at Mony to take the time to listen to last analyst presentation which you can find on their site. Encouraging stuff.

[fugwit] 17/3/2009 08:35

Good cashflow, zero debt, and plenty of cash on the balance sheet, a decent div which the chairman has made plain will not be cut. Not to mention a vastly improved senior management team of late. Interesting looking share.

[evox] 25/2/2009 08:45

The Directors regard an adjusted EBITDA figure as being the most meaningful
profit measure for this period.Revenue grew by 10% to GBP178.8m (2007: GBP162.9m) and adjusted EBITDA fell by 9% to GBP48.4m (2007: GBP52.9m). The internet business generated GBP172.5m of revenue representing an increase of 13% on 2007. Revenue growth was impacted by the credit crunch which reduced the supply of credit to the market in general and reduced revenue year on year in the Money vertical. Revenue in all of the other internet verticals grew compared with last year. The intermediary business generated GBP6.3m of revenue representing a decrease of 41% on 2007. The intermediary business also suffered as a result of lower lending volumes in the UK mortgage market. The Group is currently considering a number of options in respect of the intermediary business.
The Board is proposing a final dividend of 2.2p per ordinary share. If approved
by shareholders at the forthcoming Annual General Meeting, the final dividend
will be paid on 1 May 2009 to ordinary shareholders on the register on 27 March
2009.

[willz] 11/1/2009 14:57

see middle of page

Moneysupermarket.com

51½p

Questor says HOLD

Price comparison website Moneysupermarket.com said this week that trading weakness seen in the third quarter had continued into the current quarter. This is no surprise.

The money channel of the website, which compares process of mortgages credit cards and loans, has obviously been hit by the credit crunch. Earnings from this channel in the second half of 2008 are expected to fall 20pc-25pc.

Insurance is the most profitable strand, with the company also saying its travel operations will hold up well next year.

There were some management changes too e_SEnD which all look pretty sensible. Founder, chief executive and majority shareholder Simon Nixon is moving to executive chairman as the business needs operational not entrepreneurial management.

There is no doubt that the shares are cheap. They are trading on a December 2008 multiple of just 6.8 times and yielding 7pc. The company's balance sheet is also fairly strong, with the group having no debt and cash balances of more than £70m.

Questor is a little sceptical about the performance of the travel operations in 2009, a year when Britons will be tightening their belts.

On Thursday, the Office of National Statistics said that more than one million Britons had stayed at home this summer. With the pound weakening, Questor expects this trend to continue next year.

These shares are perfectly geared to a sustained upturn in financial markets, but that seems like a long time off. The shares will probably still be cheap next year e_SEnD and there will be a better time to buy than now. Questor says hold.

[evox] 08/1/2009 21:30

Looks positive to me

[bvlgari] 27/12/2008 18:37

Isis

me ole chap, this dog will never go back to 100p. Overvalued over crowded, copycats springing every month.

[isis] 15/12/2008 09:35

Mony have easily kept their number one position and have lost very little traffic over the past few months but some competitors have.
You can count mortgages out but other areas have done a lot better so it may even out.

There's no doubt these sites are here to stay but perhaps we will lose a few as it is getting overcrowded. There are quite large overheads running these Companies so they can't all be making money.

[isis] 14/12/2008 12:40

19 million Britons use price comparison websites to get best deals
Savvy consumers are turning to price comparison sits in their millions to check the best deals on the web, a new report shows.


By Sarah Knapton
Last Updated: 3:34PM GMT 12 Dec 2008

A total of 19 million Britons have logged on on to sites like moneysupermarket.com, confused.com and gocompare.com as they try to track down ways to save money.

The report from market research analysts Mintel reveals that two in five people, 39 per cent, have used a price comparison site to search for, compare or buy a finance product.

Some 41 per cent of men and 36 per cent of women have logged on to check prices with people most likely to compare car, home and travel insurance.

Toby Clark, of Mintel, said: "Although price comparison sites have not actually been around for that long, they have now become an essential part of the buying process for many people looking to renew their insurance.

"Extensive advertising campaigns have undoubtedly played a huge part in growing public interest in these sites. And in the coming months they are only likely to see their popularity grow as people tighten their belts and become ever more price-conscious."

But report authors found that consumers were not just picking the cheapest deal, but comparing the fine print to find the best value for money.

Mr Clark said: "There is clearly a growing belief with these sites that you get what you pay for as far as financial products are concerned. The problem is that people are still often unsure about exactly what is included in their insurance cover, and so any tools that will highlight the differences between the various products available will help ease the problem of consumer confusion."

[kim ii_sung] 15/9/2008 19:57

PE should be 2. really this is dog.

Level 4 says 10p by Jan



Dealy

when did they release you from Broadmoor?


Isis

You are still on this dog? Kmag was right , wasn't he with 60p target at 180p, while you pushing this share.


No offence Isis, since when you believe directors of small caps?



isis - 4 Sep'08 - 14:36 - 436 of 438

If profit for the year is around £55-£60m than P/E before tax is around 6.
They have promised to give 50% of future profits in dividends.

[dealy] 05/9/2008 10:36

A single digit PE is not normal for an internet company that operates in an economy where ever more people are on-line and ever more services are purchased on-line.

It is also cash rich.

[isis] 04/9/2008 14:36

If profit for the year is around £55-£60m than P/E before tax is around 6.
They have promised to give 50% of future profits in dividends.

[masurenguy] 04/9/2008 13:56

A PER of 9 in this climate is no longer cheap !

[dealy] 04/9/2008 13:51

The company should buy back its own stock. PE is now 9. This is stupid.

[dealy] 31/8/2008 13:54

Microsoft buying ciao.com (European price comparison web site) on Friday and stating that it's looking for more acquisitions in Europe could give this stock a boost. We are not far off the all time low here. Even 100p would be a 30% gain from here.

[powwow] 27/8/2008 13:46

can someone tell me what this shopping channel is all about please.

[evox] 05/8/2008 16:36

Hooray. Broke the ton!

[masurenguy] 01/8/2008 09:27

Looks like it's on Viagra today !