Mony Share Discussion Threads

[pinemartin9] 20/5/2021 19:40

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.

[w1lbur01] 20/4/2021 11:06

Brought a few today

[hardupfedup] 08/4/2021 07:09

ok thanks -- missed that

[t-trader] 08/4/2021 07:07

hardupfedup

It’s gone Ex-Div today

[hardupfedup] 08/4/2021 07:06

what a drop -- are they short this morning

[shareval] 16/3/2021 18:05

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.

[prokartace] 15/3/2021 13:38

Its the tech sell off in the US that is causing ripples

[djstevens8614] 11/3/2021 08:03

I generally had a poor day Weds. Everything went down but Money Supermarket is certainly the most disappointing.

[tomgreen_97] 10/3/2021 14:01

Any idea why this is tanking ?

[allonblack] 23/2/2021 12:32

3pc income for two months seems pretty attractive to me. Especially as the stock is heading to 350p.

[energeticbacker] 22/2/2021 09:42

Investor's Champion comments:

We're impressed by what we've heard so far from Mr Duffy. Although Moneysupermarket's dividend doesn't look quite as safe as in the past, we expect a solid post-Covid recovery and are reassured by the group's strong financial position.

Moneysupermarket maintains its position in the Investor's Champion Income Boosters portfolio.

[chrisb1103] 18/2/2021 16:48

Pity it didn't hold onto the high but a nice move up today! :-)

[allonblack] 18/2/2021 09:08

Just watched the preso. The new ceo is much more articulate and seems to have done exactly the right first moves. Moving the much slicker but lower margin b2b tech into the higher margin b2c space could mean 350p can easily become 400p if he gets it right imo.

[our haven] 18/2/2021 08:25

Great results and you could be right

[allonblack] 18/2/2021 07:27

Can still do 15p this year and will be 350p before end of the year imo

[suetballs] 17/2/2021 19:02

Final results tomorrow - hopefully not too bad!
Suet

[allonblack] 25/1/2021 09:16

Next stop 300p. Motor insurance rates starting to recover, high ltv mortgages being reintroduced and a divi yield of 4pc.

[craggle01] 01/1/2021 11:09

Hi @appollocreed1, how are you calculating the FCF Yield as i'm looking at the metrics on stockopedia and they say the P/FCF = 15.4 (based on 16.4p PS of FCF) which I make as a 6.6% FCF yield (note all these figures are for the Trailing 12 months)

[apollocreed1] 29/12/2020 23:07

I had the same idea myself when I heard the news about confused.com
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.

[suetballs] 29/12/2020 11:48

goco and Admiral gone - are we next?
Suet

[suetballs] 14/12/2020 14:26

Maybe £2.50 is around the bottom. Hope so.
Suet

[apollocreed1] 08/12/2020 01:35

@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.

[allonblack] 07/12/2020 14:17

Bought in here this morning. Cant believe how cheap it has become. Mortgage products coming back on to the market, car insurance premiums going up and i see b gas are offering free insurance worth 150 quid on top of cheaper energy prices. 350p easy.

[suetballs] 25/11/2020 09:13

Looks like we could do with a buyer too!
Suet