image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Mortgage Advice Bureau

March 2017

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:
  • 364p
After hitting a post Brexit low of 210p shares in Mortgage Advice Bureau (MAB1) have recovered well to 364p, helped by a strong trading update. This noted revenues rose 23% to £92m, which was in line with expectations and driven by a 23% increase in the average number of fee earning advisors to 888, while the total number of advisors at the year-end reached 950, a 20% year on year increase.Pretax profit is expected to be slightly ahead of consensus forecasts in spite of supplementary FSCS levies of £0.4m and unchanged average revenue per advisor due to the post referendum lull in mortgage activity.As at 31st December it had over £18m cash including £10m of unrestricted cash balances, opening the possib ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe