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
- 04 Mar 2014 08:04
- 73 of 106
StockMarketWire.com
Moneysupermarket.com's FY pretax profit hit £43.1m, from £31.5m a year ago. Revenue was £225.6m, from £204.8m.
Its final dividend was 5.12p a share, from 3.94p. Its ordinary dividend for the year was 7.28p a share, from 5.74p. There was a special dividend of 12.92p a share.
The company said trading in the first two months of the year has been satisfactory. Revenues were mid single digit ahead of the same period last year.
"Trading within the Group has been largely consistent with the trends seen in the fourth quarter of 2013 with strong growth in TravelSupermarket.com and MoneySavingExpert.com, offset by Home Services, where growth rates have slowed," the company said.
Further investment in the company's core sites and marketing, and a positive outlook on natural search with Google, gave the board confidence in the outlook for the full year. CEO Peter Plumb said investment in the business last year paid off nicely with higher revenues, profits up 26%, and a dividend that was tripled as we returned over £100m to shareholders.
"We'll build on our innovation in 2013 by doubling our capital investment for 2014, and bringing market leading services in Travel and Insurance to customers' mobiles and desktops," Plumb said.
HARRYCAT
- 23 Apr 2014 08:10
- 74 of 106
StockMarketWire.com
Moneysupermarket.com said group revenues in the first few weeks of the second quarter are flat with last year and trading trends largely in line with the first quarter of 2014.
"Revenues in Home Services and Travel continue to trade ahead whilst Insurance remains in line with last year. Revenues in Money are fractionally behind the same period last year driven by lower cash ISA volumes," the company said in a statement.
"The Board remains confident in the outlook and overall the Board's expectations for the year remain unchanged."
Moneysupermarket.com's Q1 financial performance was in line with the board's expectations.
Group revenues and EBITDA for Q1 were, respectively, 8% and 5% ahead of the same period last year.
Group administrative costs were in line with the same period last year whilst offline marketing costs were in the region of 20% ahead of the same period last year supporting new MoneySuperMarket and TravelSuperMarket advertising campaigns.
HARRYCAT
- 11 Jul 2014 07:57
- 75 of 106
StockMarketWire.com
Moneysupermarket.com Group said half-year revenues are expected to be in the region of £122m, about 9% ahead of the same period last year, adjusted EBITDA is also 9% ahead, and in line with the Board's expectations.
Trading growth in the second quarter was a little stronger than the first quarter. As at 30 June 2014 the Group had net debt of £21.0m.
HARRYCAT
- 12 Nov 2014 09:29
- 76 of 106
StockMarketWire.com
Moneysupermarket said its 9-month revenues rose 12% to £189.2m, while three-month revenues were up 18% to £66.8m. The Board remains confident of the company meeting its full year expectations.
Looking ahead, Moneysupermarket said through October group trading continued the positive momentum and solid margins seen in Q3.
"However, the group does not expect to repeat the exceptional 2013 fourth quarter demand for energy switching which added £7M of revenue growth."
CEO Peter Plumb commented:
"This has been another good quarter with trading growth of +18%. In parallel with saving more people more money - we've helped 3.7 million customers so far this year - the technology team has launched our pioneering new motor insurance site to a number of customers.
"We think this is easily the best way for customers to find the policy that best suits them - you can compare features, benefits and exclusions of policies as well as price. We'll be rolling out the new technology to more customers across our business channels in the months ahead."
HARRYCAT
- 12 Nov 2014 13:22
- 77 of 106
StockMarketWire.com
Canaccord Genuity retains buy on Moneysupermarket.com, target raised from 215p to 236p.
HARRYCAT
- 09 Dec 2014 13:44
- 78 of 106
StockMarketWire.com
Westhouse Securities has moderated its recommendation on price comparison site Moneysupermarket.com Group (LON:MONY) and moved to a 'neutral' investment rating (from 'add'), stating that the shares look likely to pause for breath following the recent strong run.
The broker pointed out that the shares have outpaced the market by 18 per cent over the past three months and by around 13 percent since last month's interim management statement.
Nevertheless, analyst Roddy Davidson added: "We remain positive on MONY's long-term fundamentals.
We also view it as a stand out asset for anyone looking to enter / consolidate the price comparison space (a possibility that may be more likely following the reduction in its founder's stake to 16.5%) and we would expect its substantially superior scale, profitability, dominant market share and the expected benefits of its current investment programme to deliver a substantial valuation premium to the historic EV/EBITDA multiple of 7.5x paid by Esure for 50% of Gocompare (deal announced yesterday)"
HARRYCAT
- 16 Jan 2015 07:55
- 79 of 106
StockMarketWire.com
Moneysupermarket.com Group expects FY revenues to grow by about 10% to £248m, and adjusted EBITDA to grow by 13% to roughly £95m. Its financial position remains strong and at Dec. 31, 2014, the group had net cash of £10.5 million.
The results for the year will be announced on 3 March 2015.
"Q4 revenues from insurance continued to grow as did revenues in Money from credit cards and loans. Motor insurance rates are flattening and this is increasing demand from motorists looking to compare prices and features," the company said.
"Banks and loan providers are competing hard to attract customers for credit cards," it said.
"As expected Home Services and MoneySavingExpert.com revenues were down compared to the fourth quarter of 2013 when very high demand for energy switching gave an uplift of £7 million following energy price rises."
CEO Peter Plumb said:
"This has been a good final quarter to another strong year. More people are seeing how easy it is to compare products and prices online, for free, and save money.
"I'm particularly pleased to see our core Insurance and Money channels in healthy growth as a result of the savings we offer and the help we give customers to choose the best products for them. MoneySavingExpert and TravelSuperMarket are thriving."
HARRYCAT
- 03 Mar 2015 08:06
- 80 of 106
StockMarketWire.com
Moneysupermarket.com has booked a FY pretax profit up 52% to £52.8m, from £34.7m. Revenue was £248.1m, from £225.6m. Its total dividend was 8p a share, from 7.28p, including a final dividend of 5.69p.
CEO Peter Plumb said:
"Our three well-trusted brands helped more than 40 million users make the most of their money in 2014. We invested over £16 million in our websites and systems and will do the same in 2015 to ensure we lead the market as the easiest and best way for families to save money on their household bills.
"Following 10% revenue growth in 2014, the group has started the year well and is on track to save more families more money than ever before."
Looking ahead, Plumb said the group has "traded strongly in the first two months of 2015, however the comparatives will become tougher from the second quarter. The Board anticipates delivering its expectations for the year."
Highlights:
· Insurance and Money revenues up 8% and 13% respectively
· TravelSupermarket.com revenues up 28% benefiting from ongoing investment in technology
· MoneySavingExpert.com revenues up 17% including further success of the Cheap Energy Club
· Capital investment of £16.1m in technology, part of a three-year investment programme
robinhood
- 03 Mar 2015 14:31
- 81 of 106
do not understand what is happening today-stockmarket wire looked fine to me unless I am missing something
HARRYCAT
- 03 Mar 2015 15:05
- 82 of 106
There was a report out today suggesting that comparison websites should pay compensation to customers when they don't get the best deal, due to certain sites only offering deals when they receive commission. Probably also some profit taking as sp now at all time high.
HARRYCAT
- 30 Apr 2015 09:49
- 83 of 106
StockMarketWire.com
Moneysupermarket said Q1 saw strong growth across all three brands, with over 1.5 million families saving money on their household bills through the Moneysupermarket Group.
"As expected, second quarter growth is slowing from the 25% performance of the first quarter," said CEO Peter Plumb.
"Our technology investment programme is on track to make it easier for people to save money on whichever device they choose to access our site."
Total group revenues during the quarter rose 25% to £76.6m. Key drivers in the first quarter were as follows:
- Insurance benefitted from the improvements we have made to the customer journey.
- Money saw growth driven primarily by personal loans and credit cards. Current accounts also performed well due to attractive interest rates on offer by some providers.
- Home Services benefitted from the success of the collective switch offer and sustained consumer focus on energy prices. We expect growth to moderate materially over the balance of the year.
HARRYCAT
- 30 Apr 2015 11:29
- 84 of 106
Canaccord note today:
"Moneysupermarket has reported a spectacular start to the year, and while comparables will get progressively more challenging, it is driving 2% upgrades to FY15 Earnings forecasts. Total group revenues were up by an impressive 25%. Money remained a core driver, with revenues up by 28% in Q1, against the 22% delivered in H2 FY14. A more competitive lending market and rising conversion rates from its upgraded platform helped support growth. Insurance was up by 12% (H2 FY14 +13%), as insurance premiums stabilised. Travel continued to benefit from the stronger consumer spending backdrop and were up by 13%. And Home Services was up by 141%, albeit off a low base, responding significantly to energy price volatility.
Management had flagged "strong" but unquantified growth at the time of its prelims, and while FY15 has started particularly well, the quarterly growth rates accelerated heavily from Q1 FY14 (+8%) to Q3 (+18%) and we expect to see growth rates moderate as the year progresses. Nonetheless, the group's heavy investment in the website is clearly paying off in rising customer conversion rates. Management states that it "remains confident of meeting its full year expectations". The Q1 outperformance will certainly push up FY15 revenue expectations. We are upgrading our FY15F revenue forecasts from £267.1m to £276.0m, driving an Ebitda upgrade from £106.0m to £108.0m (EBITA of £95.6m) and a 2% EPS upgrade from 13.2p to 13.6p. FY16F EPS is also upgraded 2%.
The shares have had a good run, and trade on a 20.2x FY15 PER and 13.7x EV/Ebitda.
Competition could potentially intensify, with the announcement this morning that Zoopla is paying up to £190m to acquire energy focused price comparison business uSwitch, on a max valuation of 11.7x FY14 Ebitda. And the recent failed share sale by major shareholder Simon Nixon is likely to continue to provide an over-hang on share price performance. However, Moneysupermarket is in a strong position, dominating the Money vertical where we see ongoing structural growth opportunities. We raise our TP from 278p to 290p to reflect the upgrades, putting the shares on a 12.5x FY16 EV/Ebitda and 18.5x cash adjusted PER. We retain our HOLD recommendation.
Competitive activity (particularly Google), momentum in the Insurance vertical, cash returns to shareholders, Interim results on July 30th."
HARRYCAT
- 04 Jun 2015 11:43
- 85 of 106
Canaccord note today:
"Moneysupermarket announced yesterday that it has been obliged to provide information for Ofgem in relation to an investigation on potential competition abuses by several companies “providing a supporting service for the energy industry”. No more detail has been given as to the nature of the potential market abuse or the other parties involved. Ofgem has previously criticised price comparison sites for a lack of transparency, and failure to display the cheapest tariffs. The Information/document gathering process will likely last for several months, before Ofgem decides whether to take the investigation further.
Moneysupermarket generates 11% of projected FY15F revenues from Home Services (primarily Energy Switching), so this would impact only a relatively small part of its business. And there will be no short-term impact on revenues; indeed Moneysupermarket is still listed as one of 12 accredited price comparison sites on the Ofgem website. But the Home Services business could clearly be materially impacted if the situation escalates. The Competition Authorities also have the ability to impose a fine of up to 10% of group revenues – i.e. £25m. The greater risk is reputational damage to Moneysupermarket, driving negative ramifications across its broader price comparison activities.
Moneysupermarket shares have performed particularly strongly, up by 34% in 2015 and up 78% in the past year. And it is now trading on a significant premium FY15 PER rating of 22.5x and 15.3x EV/Ebitda. This leaves it particularly vulnerable to perceived regulatory risk, and this investigation could drag on for several months. We leave our 290p TP and HOLD recommendation unchanged, but clearly a negative outcome from the Ofgem investigation would represent downside risk to both forecasts and valuation assumptions."
HARRYCAT
- 15 Jul 2015 09:03
- 86 of 106
Moneysupermarket.com Group PLC Trading Statement
We delivered continued growth across all of our businesses with revenue increasing by 18% in the first half year. As expected, growth in the second quarter moderated. The Group will announce its interim results on 30th July 2015.
The key drivers in the second quarter were as follows:
- Insurance continued to grow and we are noting a marginal increase in car insurance premiums.
- Money delivered ongoing growth from a highly competitive credit card market, and some competition in the current account market with providers offering attractive switching incentives.
- Energy benefited from the growing adoption of energy collective switches.
- Moneysavingexpert.com continued to deliver a strong performance helped by a more mobile and responsive website.
HARRYCAT
- 30 Jul 2015 08:26
- 87 of 106
StockMarketWire.com
Moneysupermarket.com has lifted its H1 pretax profit to £37.8m, from £26.4m. Revenue was £143.87m, from £122.38m. It would pay an interim dividend of 2.55p a share, form 2.31p.
CEO Peter Plumb said:
"Revenues grew 18% while we put more into tech investment to make MoneySuperMarket and TravelSupermarket the easiest way for families to make their money go further."
Outlook:
"The first three weeks of July traded in line with the second quarter," the company said in a statement.
"Taking into account the good first half trading, the tougher comparative sales in the second half, and the phasing of some marketing costs into the second half, the board sees prospects for the full year to be modestly ahead of its previous expectations."
HARRYCAT
- 31 Jul 2015 08:00
- 88 of 106
Placing of shares in the Company
Moneysupermarket.com Group PLC ("Moneysupermarket.com" or "the Company") notes the sale by Martin Lewis of 9,000,000 shares, representing approximately 1.6% of the issued share capital of the Company, and the sale by the Charities Aid Foundation of 4,270,923 shares, out of the holding that it received as a donation from Martin Lewis, representing approximately 0.8% of the issued share capital of the Company.
As stated in the half year results announcement issued on 30 July 2015, Martin Lewis has agreed to a further lock-up of 180 days from the date hereof in respect of his remaining shares in the Company (subject to certain exceptions).
HARRYCAT
- 30 Oct 2015 07:51
- 89 of 106
StockMarketWire.com
Moneysupermarket.com said its group revenues surged to GBP220.0m in the nine months to Sept. 30, from GBP16m a year earlier. On a three-month basis, its revenues rose to GBP76.2m, from GBP14m.
It described the performances as strong. The board is confident of meeting its expectations for the full year despite an anticipated slowdown in revenues in Q4.
"People are now seeing they can switch online and save money on far more than just car insurance. Our multi-channel offering across three brands has helped nearly five million families save over £200 on average on their bills in 2015, from energy to credit cards and broadband," said CEO Peter Plumb.
"I am pleased Martin Lewis is stepping up to be Executive Chairman of MoneySavingExpert to continue campaigning for consumers. We continue to grow our investment in the new technology platform to accelerate its roll out across both mobile and desktop."
Highlights
- The group is benefiting from its multi brand, multi-channel strategy, delivering good growth from both Money and Energy.
- As reported at the Interims, the third quarter faced strong comparatives. This and stronger competitor activity meant that insurance was flat in the quarter.
- Money saw further growth driven primarily by current accounts and credit cards. Providers have continued to offer attractive interest rates on their current accounts.
- Home Services benefitted from the success of the latest MoneySavingExpert collective switch which attracted record numbers of customers. Last year the switch took place in Q4.
HARRYCAT
- 09 Dec 2015 09:24
- 90 of 106
Jefferies International today upgrades its investment rating on Moneysupermarket.com Group PLC (LON:MONY) to buy (from hold) and raised its price target to 440p (from 263p).
HARRYCAT
- 01 Mar 2016 08:41
- 91 of 106
StockMarketWire.com
Moneysupermarket.com has improved its FY after-tax profit to GBP63.4m, from GBP52.8m. Revenue was GBP281.7m, from GBP248.1m. Ordinary dividend for the year was 9.15p a share, from 8p.
CEO Peter Plumb said:
"This was another good year for the Group, achieving 14% growth by saving customers over £1.6bn on their household bills.
"People are clearly getting more comfortable switching products beyond motor insurance, with the Group helping over 500,000 households switch their energy and 1,600,000 people get a better deal on their finances.
"As we roll out our new technology platform and create more expert help, tools and guides, we all look forward to helping more households save more money on more things in 2016."
OUTLOOK
"The Group traded solidly to the end of February, delivering 12% growth, although insurance revenue is down -4% and travel is deteriorating. We will continue with our growth investment programme. The Board remains confident of delivering its expectations for the year."
HARRYCAT
- 02 Mar 2016 09:55
- 92 of 106
Barclays Capital today reaffirms its overweight investment rating on Moneysupermarket.com Group PLC (LON:MONY) and raised its price target to 390p (from 360p)