Mony Share Discussion Threads

[prokartace] 05/4/2022 07:27

Broker downgrades is a headline I have just seen but no specifics

[spud] 05/4/2022 07:21

Not sure. Managed some more at 181p with another order in at 175p.spud

[netcurtains] 05/4/2022 07:14

why the massive fall this morning?

[prokartace] 05/4/2022 07:12

so whats the action here?

[spud] 04/4/2022 07:47

More potential freebie stock for the boys. Anyone know the trigger for these free shares?I'm not expecting a response btw as it's normally hidden in the extremely small print but I'm sure eps leverage features.spud

[spud] 02/4/2022 15:12

Have another order in at 185p seeing as I may have pulled the trigger a little prematurely on my last bundle. spud

[stag6] 02/4/2022 11:51

MONY now trading at 6 month low, the dip from 199p down 13p is ex div, a little overdone. See what they are next week, look good put some into 2022/3 ISA.

[spud] 31/3/2022 07:33

Bought some more on the ex dividend dip. Seems to be holding up remarkably well atm.spud

[netcurtains] 24/3/2022 15:35

Is it possible that price comparison sites might do well during a recession as more people will need to start comparing to find cheaper prices?
Or does it not work like that?
Anyone know?

[netcurtains] 08/3/2022 16:24

MONY now trading at its 2014 price.
It now has a 6% dividend and a big cash pile.
Probably a good entry point.

[netcurtains] 22/2/2022 13:40

But if it gets back to £3.60 that would also be kind of neat.

[netcurtains] 22/2/2022 13:39

I'll be more happy-ish if it gets substantially over £3.00

[netcurtains] 22/2/2022 13:38

I'll be happy-ish if it gets substantially over £2.50

[netcurtains] 21/2/2022 16:02

I guess it will be good if we can hold +200

[netcurtains] 21/2/2022 12:34

Double bottom?

[isis] 18/2/2022 20:08

Chairman bought £100k worth today

[netcurtains] 18/2/2022 12:39

anhar: I believe in the theory of sector switching (sectors rise then "suddenly" institutions switch to different sectors leaving small investors high and dry).

I think MONY's turn is about now and Commodities might have had their go. Just a theory.

Anyway, divi is good, and tourism is set to grow (alongside second-hand car insurance premiums).

[anhar] 18/2/2022 12:27

I don't see that at all. Of their five divisions, Travel, which was down 32% on 20, represented only 1.3% of revenue for 21 so even a good recovery there to the 20 level won't make much difference to total revenue. I think your relying on a tourist boom to drive up the price is misplaced cos even if you are right, it's too small a part of their income to have the sort of dramatic effect you seek.

That doesn't mean the price won't rise well in the future as you hope but if it does it is very unlikely to be due to increased tourism, far more likely to improvements in their four other much larger divisions. Anyway good luck with MONY, although it's very early days I'm happy with my switch to RIO for increased income.

[netcurtains] 18/2/2022 12:03

I think the dividend and potential Tourist Boom is going to drive this up (eventually) to £2.50, £3.00 ? Perhaps higher.

[netcurtains] 17/2/2022 17:48

It has a 6% dividend yield. Not many companies have that in FTSE250 FTSE100.
Tourism is rising again (quite fast apparently).

I think this is a great little tourist boom trade, that gives a big dividend.

[alotto] 17/2/2022 15:44

I feel it's a miracle money didn't slump today. I expect only a way down south in the coming weeks.

[anhar] 17/2/2022 15:32

Well it's happened far sooner than I anticipated. As a result of a rise in the price of MONY and a chunky fall in the price of RIO today, I was persuaded to sell all the former and buy the latter, adding to the existing holding of RIO in my port. I made a large loss on MONY but feel better for dumping it as I was not pleased with the results.

As RIO has a higher yield than MONY, the trade increases port total income which is what I try and achieve when I make a (rare) sell. I only hold shares at all for the divis.

[anhar] 17/2/2022 10:30

These results are not encouraging imo. It's not disastrous as they maintained the divi which is my reason for investing, but it's down on most key indicators. I now see it as a jam tomorrow stock and I'm not a particular fan of JT stocks as too often, tomorrow never comes.

I'll prob hold for the time being for a current yield of 6.1% at 192p though I'm showing about a 30% loss on cost, the yield being much lower on my purchase price. It looked good when I bought but those major acqs like Quidco were what started worrying me about MONY as I've said before. These accounts have more or less confrmed my concerns.

It's now on the dumpable list of my widely diversified income port, should a good opportunity arise such as a big price increase dropping the yield, or an alternative share that I prefer.

[alotto] 17/2/2022 09:43

Will we ever see a recover from energy?
I am concerned by the highly competitive nature of the insurance sector. How strong will be the moat of Moneysupermarket against the competitors?

[boonkoh] 17/2/2022 09:26

OK set of results. Energy zero revenue going to be a big drag this year (as 2021 still saw like 50-70% of normal energy revenues).But other sectors recovering like travel.Think its OK value for now, given the deflation of tech valuations ongoing.