benrgood
- 12 Jul 2007 17:50
(If topic already covered, sorry but could not find thread)
IMO, this is a potential disaster for anyone who believes the hype. Except those who want to make Simon Nixon the founder, even richer.
Apparently, last year the firm made revenues of 104.5m, an increase of 54% on 2005, with underlying earnings up 42% at 33m. OK. But the problem is, it's a copied format, with some evidence emerging that the price comparison model is flawed. Special deals between Moneysupermarket and service providers affect the results the user gets. Making this misleading at best and fraudulent at worst.
But the most mysterious thing is that Google seem to have 'pulled the plug' on their listings. Suddenly key searches point to different sites, not MS, wiping out traffic. MS claim this is a temp technical fault. However, Google have not said that. I'm willing to bet that, in 6 months Google launch their own version of this format.
rizon
- 09 Oct 2007 13:56
- 10 of 10
Hmmm .. what are the naysayers saying right now? MONY hit 190p, at which my sell order hit, returning a decent 10% over 10 weeks. I still hold 50% of what I received at IPO and expect this to hit 200p in 6 months.