jeffmack
- 08 Jul 2008 16:08
Had these on my watch list when they were tipped in a newspaper a couple of months ago at about 1.20.
Todays fall looks a bit overdone so I have bought a few at 57p
HARRYCAT
- 31 Jul 2013 12:04
- 48 of 106
Canaccord comment:
"While Moneysupermarket has delivered stellar H1 growth, this has been more to do with the MSE acquisition than underlying performance. The good news is that the H2 comparables in Money are much easier, while in Insurance, its website is being reconfigured so that it should move up the natural search rankings. However, challenges remain, not least a sharp YoY decline in motor and home insurance premiums in H1 (which may reduce the savings from switching). And H2 has not started well, with July revenues “flat” year on year. This has been impacted by the later launch of a new TV campaign in August 2013 (vs July in 2012), but we think this puts some pressure on forecasts. We are downgrading our FY13 EBITDA from £83.5m to £79.8m (Bloomberg consensus £81.0m). This drives PBT (norm) down from £75.9m/11.0p to £72.2m/10.4p (subject to tweaking post analysts meeting).
Adjusted for the special dividend, Moneysupermarket shares are up 45% this year, driven by January upgrades and the 12.92p special dividend. The downgrades are clearly disappointing, and on revised numbers, the shares are on a FY13 PER of 20.3x and 14.6x EV/EBITDA. We maintain our 113p TP (13.5x FY14 EV/EBITDA and 3.4% dividend yield) and move from Buy to HOLD."
HARRYCAT
- 31 Jul 2013 12:44
- 50 of 106
Good luck with that! They are off my radar for the moment until they get their Google/algorithms sorted out. I note Canaccord have a TP of 113p but only say HOLD. I'm not sure if that is a broker note typo error , but maybe they think the divi is worth having even though the sp would drop 35%.
skinny
- 31 Jul 2013 12:47
- 51 of 106
Yes it looks like it :-
Numis Sell 179.80 150.00 150.00 Reiterates
Canaccord Genuity Hold 179.80 213.00 213.00 Downgrades
Investec Buy 179.80 225.00 - Retains
N+1 Singer Buy 179.80 - 212.00 Retains
HARRYCAT
- 31 Jul 2013 12:50
- 52 of 106
Ah, thanks. In that case it's now back on my radar! Hmmmm........decisions, decisions.......
skinny
- 31 Jul 2013 12:56
- 53 of 106
I've had a small dabble @179.745
skinny
- 02 Aug 2013 13:00
- 54 of 106
Westhouse Securities Neutral 182.35 183.00 210.00 195.00 Retains.
JRM
- 13 Aug 2013 19:06
- 55 of 106
Help.........What is their problem with Google? Could you please explain?
HARRYCAT
- 13 Aug 2013 20:23
- 56 of 106
Glad I stayed out. More by luck than judgement though as was distracted by other stocks!
JRM - As I understand it and to keep it very simple, in the past if you were to enter 'Insurance comparison sites' into the Google search engine, Moneysupermarket would have automatically appeared within the first few entries. This is crucial because most people generally use the first one or two options available on page one. Due to a change in the way Google searches and displays the options, Moneysupermarket slipped down the page and therefore received many fewer hits on it's website. Once MONY realised the problem they then had to modify their website, but this all took time and lost them visitors and revenue.
HARRYCAT
- 19 Aug 2013 09:29
- 57 of 106
StockMarketWire.com
Analysts at Westhouse Securities have upgraded their recommendation on price comparison site operator Moneysupermarket.com to "buy" from "neutral" despite the ongoing challenges around optimising Google's natural search algorithms and the headwinds faced in Money vertical. The broker believes the recent interims highlight the company's strong market position and its clear ability to deliver on the cash front and views the recent sharp share price decline as presenting an attractive entry point. The shares have fallen by 21 per cent in the past month and are down by 26 per cent in the last three months. The City broker has cut its price target to 195 pence per share (from 210 pence) after lowering its 2013 earnings per share forecasts by 3.7 per cent to reflect the challenges in Insurance and Money.
JP Morgan Cazenove downgraded its recommendation on Moneysupermarket to "neutral" from "overweight", on 12 August, citing the recent decline in revenue growth and lack of clarity over the near-term outlook as the main reasons for its change of stance.
Shortie
- 13 Sep 2013 10:21
- 58 of 106
Showing over a 10% yield currently, 25% fall from 12 month high these now have my attention.
david lucas
- 21 Oct 2013 22:23
- 59 of 106
Got in these last week at 147 as it was clear that there was good support with a double bottom and a rising RSI. And they throw off lots of cash!!
Finished today at 159.70
Resistance at 180 which is my target
Stan
- 22 Oct 2013 06:49
- 60 of 106
Can I assume that these are an Aim stock please?
HARRYCAT
- 22 Oct 2013 07:48
- 61 of 106
FTSE 250.
skinny
- 22 Oct 2013 07:51
- 62 of 106
FTSE 250.
HARRYCAT
- 22 Oct 2013 08:02
- 63 of 106
Good yield from this company, but sp seems to have hit the buffers atm.
Stan
- 22 Oct 2013 08:05
- 64 of 106
Thanks both.
david lucas
- 22 Oct 2013 08:32
- 65 of 106
Morning Stan
They are a FTSE250 company with:
Year high: 222.00p Market cap: £862.34 million
Year low: 134.00p Shares in issue: 542.01 million
Dividend yield: 3.61%
HARRYCAT
- 06 Nov 2013 08:00
- 66 of 106
StockMarketWire.com
Moneysupermarket.com said Q3 trading was in line with its board's expectations, with group revenues and ebitda up 5% and 26% respectively.
It had made a "very strong start" to Q4 with revenues more than 25% ahead, year on year, driven by energy switching since mid-October.
The company said full-year ebitda was now expected to be mid single-digit percentage ahead of current analyst consensus. On Nov. 5, Bloomberg reported consensus analyst forecast for adjusted ebitda was £78.4m for the year to Dec. 31.
Separately, Moneysupermarket.com said Matthew Price was succeeding Paul Doughty as chief financial officer. He would be appointed an executive director in the first quarter of 2014.
skinny
- 06 Nov 2013 10:50
- 67 of 106
Canaccord Genuity Buy 181.30 155.00 213.00 205.00 Upgrades
Investec Buy 181.55 155.00 210.00 210.00 Retains