If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
197?
For the record you should be looking at dividend cover. The dividend will always be reflected in the balance sheet???
187.8 You were saying Mark?
Yes we've forgotten about payout yield and so has the market ;)
yes i have taken that into consideration but i expect we will see a recovery of revenue and profits during the next 12 months which will more than cover the yield.
the market always looks ahead and i try to do the same and any divi's i receive along the way is payment for my patience.
i love buying recovery stocks dyor just mho.
@Steve305 and @MarkBellUK Have we forgotten about payout yield? No point getting excited about a 6% dividend if it is being paid from the balance sheet. Look at the EPS. 101 stuff.
good enough for me happy to hold for the recovery which should be nice and steady over next 12-24 months and collecting 6% divi while we wait .
my kind of stock.
Scott the exchanged has always clearly stated you can not rely on BUY/SELL
Decent results for me EBITDA only down 7% divi @ 6.25% @187
Share price forecast
The 13 analysts offering 12 month price targets for Moneysupermarket.Com Group PLC have a median target of 275.00, with a high estimate of 355.00 and a low estimate of 205.00. The median estimate represents a 47.06% increase from the last price of 187.00.
My £1999 buy listed as a sale, inaccurate reporting again!
The only problem............you can't switch
This should give consumers more incentive to switch, good for a price comparison site and MONY is the best of the bunch.
Price is moving back up nicely now the blind panic selling has dissipated. I was down 10% but almost back to evens now
Good morning,
I agree with all here who believe this stock is undervalued.
As previously mentioned the results later this month, if reasonable, will be the catalyst to a re valuation of this stock.
As you all appear aware,rising inflation has prompted many investors to re evaluate their portfolios and the UK appears to be benefiting due to a lack of Tech stocks.
Mony will at some point reap the benefit as it is a profit making company that also pays a very good dividend and we all agree this year should be a good year as the economy normalises.
GLA
Hi Leapgrog
Your first point I would agree with, Mony isn’t a technology stock it merely uses technology widely to deliver its service, the downside is when tech stocks are being sold off mony gets swept up in the chaos as has happened in the last few weeks. The market certainly isn’t always efficient as there has been blind panic selling. I believe the increased volume is buyers joshing to get back into tech stocks as sentiment has turned back in favour a little because of the Nasdaq in the last few days. The SP has not increased that much because investors are simply moving around their funds to try and get back into the best stocks for their bucks.
The results will deliver a sustained recovery imho.
I think you are right with the energy price cap increasing there is the possibility of more website traffic and people looking at other costs they can reduce having been drawn to the site with the big increase in advertising recently.
I don’t think there is much downside other than the market forces moving mony lower along with everything else.
Sorry to hear of your 25% loss, stick with it and add if you can. Today is looking positive.
GLA
Oh yes, final and important point. Yesterday Monday 31 Jan 22, there was a four-fold increase in volume. But cannot work out if selling or buying in the ascendancy.
Three points and your responses would be of great interest:
Imho, MONY is wrongly classified. It is not a tech stock, it is internet retail. It has zero debt.
Raising the price cap will re-introduce the usefulness of price comparison, though I have to say that if "price walking" is disallowed there will be less possibility of interesting opening offers for customers to switch to.
The analysts following this company expect EPS to up 50% in the short term and a ROE of 40% within three years. All valuations of this company, whatever indicators you may choose, all point to a massive undervaluation.
So I cannot figure out market sentiment - as Chamer observes, this would be a contrarian buy right now (good quality, good value but no momentum).
Considering my 25% loss, I'd be interested in up- and down-beat appraisals...
Hi Squiffy
Thanks for your considered reply. Quidco full year to July 2021 figures were revenue 59.2m gross profit 21.4m EBITDA 7.9m. Given they were acquired part way through Q4 there will only be a negligible amount towards the full year figures. Travel, Money and insurance should all improve a little over the prior year as people have got back to some normality during the course of the year.
The nine month figures were reasonably well received and the price got to around 225p afterwards before falling back. I am backing reasonable numbers and a price increase following the FY premlimary results on the 17th Feb. Agree the SP could drop quite a bit more before then however, so drip feeding might be the way to go.
Hi,
Firstly I am not invested here so this is a truly independent view of MONY.
I believe this company is undervalued but the issues for investors are the revenue for energy have collapsed as many firms have gone bust losing the company about 20% revenue and there doesn’t appear to be much improvement on the horizon this year.
Secondly buying Quidco and incorporating that company into MONY and the value it brings is still an unknown to the market.
On the plus side as the economy normalises and inflation increases people will spend more time switching to better deals so think the future looks brighter for MONY.
I suppose how bright is the million dollar question but I can’t see the price hitting£1.50 but who knows?
Personally, I’m not a buyer at the moment but definitely think there is money to be made under £2 a share!
I assume they will pay the Final divi in April. I’m waiting to buy in for it, but want to get as close to 1.50p as possible. Its this or CMCX, with an eye on HSV.
Agree. They are undervalued and a secure divi. I went in quite heavy around 200. I was always advised to top up when the whole market gets nervous as opposed to weakness in the specific company/product set - so I've added at 187. My target price is north of 290 so as with GSK I will sit on it for 12 months, take the 5%+ div and see where we are end of '22. Mony seems like safe ground to me - all UK tech is under valued IMO - the silly stuff that's happened to Boo, Asos, AO, etc. looks like overdone cyclical selling. The Nas might get a bit of a slap for a few weeks, but it grew solidly for 18 months while in the UK we've spent the last 6 months pushing companies with 10-15% revenue growth down to the same PE as slow moving industrials....and below their SP pre-pandemic. Feels wrong to me but as with all cycles they will come round again, so I keep the faith.
Anyone here? I thought these were cheap at 200p but they have lost even more ground this week getting caught up in the tech sell off. In my view the shares are being tarnished as overvalued.
Fair enough there is the risk of loss of revenue due to less switching off energy suppliers, but there are plenty of other reasons to visit the website and unearth switching deals. Loads of advertising at the moment, also possible consolidation in this industry and a good divi that is unlikely to be cut unless things have really taken a bad turn.
Stockopedia have now stock ranked these as Contrarian which indicates good quality and good value with no momentum.
I believe sentiment will turn soon. Opinions?
Nice rise over the last few days. I see this stock as undervalued and under-followed given the dividend yield and potential capital appreciation that seems to be on the table. Hopefully more broker upgrades to follow soon. I notice there is a lot of advertising on the radio stations too.
So why was there no RNS about the Citigroup assessment? Struggling to find it
it was more than that.
That’s why there was a 6% jump at one point today before falling back a little to a 4% close
From Hold to Buy