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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mortgage Advice Bureau

July 2020

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:
  • 604p
Shares in Mortgage Advice Bureau (MAB) have recovered impressively from 382p to 604p with investors increasingly confident it will make it through the Covid-19 crisis in good shape. Final results for the year ended 31st December showed revenues, pretax profit and eps rising 17%, 19% and 17%, respectively, to £143.7m, £18.7m and 30.1p. A pleasant 6.4p final dividend was declared, taking the total to 17.5p. The group is a leading compliance network for mortgage brokers and in return for providing a regulatory umbrella, IT and training it receives a fixed percentage on any commission the brokers generate from the sale of mortgage and insurance products. A good proxy for growth, therefore, is the average number of fee ...

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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.

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