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Moneysupermarket.Com Group PLC (MONY)

London
Symbol
Exchange
Currency
MONYLondonGBP
MONYlBATS EuropeGBP
MONYFrankfurtEUR
Currency in GBP
Disclaimer
214.00
+6.00(+2.89%)
Closed

MONY Price Commentary

They have beenhit by the collapse in small gas suppliers, the downturn in travel insurance, and the reduction in foreign exchange transactions. While they are still profitable, revenue is down c25%. The PER is c15, so it is still not cheap. They are due to give an update next week. I hold, but will wait for news to add.
Third quarter update shows some improvement, but the commentary more or less concludes that energy switching is dead. That will knock a fifth off revenues. Travel related matters are slow to recover, and insurance "markets softened". There is little here to suggest a turnaround within the next year.
the stock market always looks forward.If you don't invest you'll lose 5%-10% for inflation.If you buy an overpriced stock you won't make any decent return.This stock will go back to over 300 and make 50% return minimum by next year.Do you think energy market will never recover? also travel, no one will ever go to holidays again?Which stock you suggest to invest in then?
I actually agree with you! I quite like MNZS. They provide services to the air industry. They have recently expanded their operations, and even with Covid they managed a small profit. It wobbles around under 300, but I would like to see it nearer 425. We may be headed for a peripod of market flux, so TCAP and CMCX could profit from this, along with REC. I hld all these, except REC where I sold at 99, but may take a few again.
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