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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mortgage Advice Bureau (holdings) Plc | LSE:MAB1 | London | Ordinary Share | GB00BQSBH502 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 2.00 | 0.36% | 564.00 | 14,775 | 10:59:53 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 564.00 | 570.00 | 564.00 | 560.00 | 560.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Loan Brokers | 239.53M | 13.47M | 0.2356 | 23.94 | 321.19M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:16:34 | O | 435 | 569.337 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/11/2024 | 09:41 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Director/PDMR Shareholding |
| 14/11/2024 | 11:09 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Director/PDMR Shareholding |
| 13/11/2024 | 13:53 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Holding(s) in Company |
| 13/11/2024 | 07:00 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Notice of Capital Markets Day |
| 12/11/2024 | 09:14 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Holding(s) in Company |
| 12/11/2024 | 07:00 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Appointment of Nominated Adviser and.. |
| 04/11/2024 | 09:09 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Directors' Shareholdings and PDMR.. |
| 28/10/2024 | 09:43 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Notification of Major Holdings |
| 15/10/2024 | 13:47 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Directors' Shareholdings and PDMR.. |
| 04/10/2024 | 11:16 | UK RNS | Mortgage Advice Bureau (Hldgs) PLC Directors' Shareholdings and PDMR.. |
Mortgage Advice Bureau (... (MAB1) Share Charts1 Year Mortgage Advice Bureau (... Chart |
|
1 Month Mortgage Advice Bureau (... Chart |
Intraday Mortgage Advice Bureau (... Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/11/2024 | 11:33 | Mortgage Advice Bureau | 296 |
| 26/2/2021 | 16:15 | MORTGAGE ADVICE BUREAU | - |
| 27/6/2018 | 10:57 | SBIZ the new MAB1 | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:16:35 | 569.34 | 435 | 2,476.62 | O |
| 11:08:25 | 565.50 | 1,255 | 7,097.06 | O |
| 11:05:06 | 565.51 | 95 | 537.23 | O |
| 10:47:32 | 569.12 | 641 | 3,648.06 | O |
| 10:03:06 | 567.32 | 2 | 11.35 | O |
| Top Posts |
|---|
Posted at 28/9/2024 16:41 by wilmdav "Pure Protection - Market StudyIn August 2024 the FCA announced a market study into the Distribution of Pure Protection Products to Retail Customers. Good customer outcomes have always been, and continue to be, central to MAB's strategy and culture, and we see this as a positive initiative for the market and that clearer governance is complementary and supportive of our objectives as a Group. As with Consumer Duty, we agree with the raising of standards across our sector, and that through raising the bar, in the medium to longer term this only accelerates the need for, and the pace of, market consolidation. We will ensure that MAB continues to be optimally positioned firstly to continue doing the right thing by customers, but also to maximise this market consolidation opportunity." MAB1 H1 24 Interim Report The date on which the study was published suggests that it was responsible for the decline in share price. In which case, the focus would seem to be solely on whether the amount of commission they (and others) have been loading on insurance products has been unfair to clients. The 13% post-results bounce is not yet enough to indicate that analysts were convinced at the meeting on results day (24/09/24) that the price drop was unwarranted. Perhaps the picture will become clearer by the end of next week? |
Posted at 21/9/2024 08:46 by loglorry1 In the FCA document they are investigating this route. We need to be very careful here because if there is legal redress against MAB1 for not making costs crystal clear it could be very significant.Why hasn't the company commented? |
Posted at 20/9/2024 12:13 by chapchip the loaded commissions are not charged by franchisees, MAB get a price for cover from the insurer, L&G, Aviva, Guardian, RL etc and load the premium by around 20%i don t think this FCA themed review is the reason for the fall |
Posted at 20/9/2024 10:07 by 74tom Posting the below comment from Stockopedia as it's relevant for all holders;"The FCA's proposed terms of reference (relevant to Mortgage Advice Bureau (Holdings) (LON:MAB1) and others) is at fca.org.uk/publicati The MAB1 AR23 says on p. 7 that 39% of revenue was from insurance commissions, some of which is presumably MAB1's share of the loaded commissions charged by franchisees." I thought the fall was sentiment / technicals driven, however it looks like something potentially more concerning which in all honesty should have been addressed by the company, instead of letting the share price fall from £8 to £5.70 in the last 3 weeks. |
Posted at 12/9/2024 14:13 by mammyoko Yes, I think you're probably right on all counts.The constant drip of small amounts at any price looks more like a shorter than an institution dumping. GLG are short at around 530p so maybe they are taking the opportunity of a backdrop of weakness and no buyers to try and drive the price back to that level? |
Posted at 12/9/2024 14:04 by hnicholls3 Quite unusual price action. Must be the worst performing stock of the last month that hasn't released any earnings. I would buy lots more if it wasn't for the order book which looks quite ominous and suggests a couple of decent sellers.Surely can't be reaction to the last update as that should have been priced in by now...my guess is it's general nervousness around UK plc due to upcoming budget. Couple of other names seem to be trading in a similar fashion. Again I'm hesitant to buy more as many have results soon and also I fear the market dynamic has changed since the August drop. |
Posted at 12/9/2024 13:29 by mammyoko They do also have a traditional H2 weighting to sales - albeit it was not so pronounced in 2023 which reflected the very weak Q4/23 advances market.There's a backlog of people on expensive floaters that are looking to remortgage as rates come down. Rates are slowly starting to come down and the anticipation of how far they will do so in the next 12-18 months has probably changed to be less and slower which would encourage fixing. Plus they are continuing to win market share and each gain in market share adds to the network effect. There's definitely some unusual price activity going on here as down 34% in a month on an inline statement, albeit against a backdrop of Labour budget scare-mongering further destroying confidence and liquidity in UK small caps |
Posted at 12/9/2024 09:22 by mammyoko Somebody definitely trying to push the price down here. Let's see if they can do it. Quality compounding business with potential for cyclical upswing as interest rates decline. Can't see the attraction of being short here. |
Posted at 11/9/2024 08:34 by mammyoko Automated trades here trying to push the price down. GLG trying to get back onside with the 0.55% short taken out in July 2023?Feel this has fallen too far here, so was a buyer at the 620p level, looking for a bounce back up to 750p. The property market is reportedly very active at the moment and with interest rates likely to be on a downward trend, the prospects for MAB1 in H2 and into 2025 look pretty good. |
Posted at 23/2/2023 11:24 by 74tom Not so happy now though as that gap has just filled.Probably due to articles like this encouraging shorters to return; And also poor data like this "Residential property transactions came to 77,390 in January on a non-seasonally adjusted basis, says HMRC. This means transactions were 7% lower on an annual basis and, compared to December 2022, marks a 27% drop off. On a seasonally adjusted basis, HMRC calculates there were 96,650 residential transactions in the first month of 2023 – an 11% annual drop and a monthly fall of 3%." A frozen market would be a disaster for MAB1 as revenues would go into reverse and advisor numbers being significantly reduced. Will it happen? |
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