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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mortgage Advice Bureau

April 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MAB1
  • Price:
  • 576p
Although the shares remain well below their high of 720p (in spite of a rally), Mortgage Advice Bureau has again demonstrated resilient growth. Revenue for the year increased 13% to £123m driven by a 12% rise in the average number of advisers to 1,130. The total number of advisers had increased to 1,213 at the year-end, an increase of 13% year-on-year. Meanwhile, average revenue per adviser rose 1%.As a result, profit before tax was “broadly in line” with expectations, while cash balances were £25m or over £13m excluding restricted cash.In spite of a flattish mortgage market, that healthy growth in fee earning advisers should ensure double digit eps growth also continues, while the expected annua ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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