Mony Share Discussion Threads

[spud] 17/2/2022 09:02

Well, the Market like it! I guess the unchanged dividend is responsible.spud

[netcurtains] 17/2/2022 08:37

Figures appear to be better than expected by the early market (probably the forward statement looks good and the dividend)

Dividend 6%
PE 18

And its a tech stock

[t-trader] 17/2/2022 08:00

Figures as expected, think a lot of this is already priced in….but who knows with this fickle market

With interest rate rises, income from savings should improve over the year plus travel should improve considerably

[isis] 17/2/2022 07:49

Probably about 5-10p down I reckon - I'm already in about 202p 25k see how it rolls Dividend hold and better days ahead.
No panic ;)

[spud] 17/2/2022 07:44

Dividend maintained.Figures about as good as could be expected under the circumstances.How the Market interprets them is another matter.spud

[anhar] 07/2/2022 08:35

We may get more detail on this when the results are published in ten days but what appears likely is that they will have net debt at 31 December as a result of the acquisition instead of the previous net cash, making the shares much more risky. As an income investor I'm also concerned about the effect on the divi because of the cash situation, at least at first, but again we'll know with the results.

[ashby arts] 06/2/2022 15:04

anhar having read your posts concerning the purchase of quidco and the amount paid for it which you indicate that you think it was too expensive.
i think you are missing the fact that mony has far more customers to cross sell this service too and create more revenue than quidco had managed in the past,i don't think it is fair to measure quidco value on past performance alone it is more about what mony and quidco can do together jmho steve.

[spud] 01/2/2022 08:09

Maybe, but taking the full picture into consideration including the likelihood of a takeover, I think this has considerable long term potential. We just need confirmation of the dividend in order to instigate a re-rating.spud

[coxsmn] 31/1/2022 12:43

Dlg likely a safer bet with higher dividend.

[spud] 28/1/2022 15:41

Price staying nice and low as I accumulate for the ISA. I suspect there's some nervousness over the dividend and the shrinking number of energy suppliers for comparison purposes.

17th Feb should reveal all.

spud

[anhar] 25/1/2022 11:07

Indeed but it's not the results that are late, it's the announcement of the date. The release date is actually around the same as last year. What concerned me is that all the other shares I hold with 31 Dec year ends announced their release dates well in advance of MONY so it wasn't looking too good on this point.

Anyway at least we have a date now and encouraging that the date itself is not delayed, though I'm still nervous about this share due mainly to Quidco.

[netcurtains] 25/1/2022 10:10

anhar: Thanks for the info. I sold. I've never held a share where late results ended up being a good thing (although I often buy back in AFTER the late results at a better price).

[anhar] 25/1/2022 09:39

Finally and very late, they have announced that the 2021 results will released on 17 Feb.

As I suggested earlier I am a little concerned about this share, especially after the large and initially cash destroying Quidco acquisition, and the very late announcement of the results date has exacerbated my concerns. Hope I'm wrong but if necessary, and as purely an income investor, I may be willing to dump it at a hefty loss if the divi is hit or other negative facts are revealed.

[netcurtains] 14/1/2022 16:42

I'm still in I cant see anything particularly wrong.
But early days.

[spud] 14/1/2022 16:29

Not joining the party....spud

[spud] 22/12/2021 09:39

Only just started my accumulation here so hoping that the price doesn't rise too much before I get my fill.spud

[anhar] 22/12/2021 09:25

Perhaps but I'd guess that the rise is far more likely to be just market noise rather than any beneficial corporate action. The great majority of share price movements are random, have no reason.

[netcurtains] 22/12/2021 09:06

Thanks for the info anhar. I guess that succinctly explains the fall. So the reason for the recent rise probably must be something else. I'm hoping for some sort of corporate action.

[anhar] 22/12/2021 08:33

Although I still hold for income, I'm quite wary now of MONY. The relatively very large acquisition of Quidco is making me nervous, driving the company into debt from its former net cash position, making it riskier in general and specifically important to me, putting the divi at risk. Major acquisitions too often don't work out very well and end up damaging the business rather than enhancing it. Hope I'm wrong and for the time being am giving them the benefit of the doubt.

I don't know if it's an ominous sign or not, but I see that they haven't yet announced the release date of the 21 results on their website. This contrasts with all the other big companies I hold with 31 December year ends which have done so.

I consider it one of the lesser quality shares in my income port, which I'll prob sell if its yield drops to the FTSE100.

[netcurtains] 21/12/2021 11:50

This is having a good run over the past few days.
I guess rising interest rates are good for comparing DEBIT and CREDIT cards rates.

[spud] 20/12/2021 17:26

Either way, decent volume. spud

[imranawan] 20/12/2021 16:38

I don't know. Maybe it was tipped somewhere.