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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mortgage Advice Bureau - Blow out 2015 results

May 2016

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:
  • 381p
A strong run from the shares, which hit a new high of 400p, celebrating a blowout 2015 which saw turnover and pretax profit rising by 33% and 31% to £75.5m and £10.4m, respectively. Eps soared 35% to 17.2p. Unrestricted net cash increased from £5.3m to £8.2m while the post year-end £2.9m sale of an investment will be handed back to shareholders through a c. 4.25p special dividend and total dividends will be c. 18.7p.To recap, Mortgage Advice Bureau (MAB) is a leading compliance network for mortgage brokers, providing access to its mortgage and insurance lending panels, a regulatory compliance framework, IT & training and national branding. In return the brokers pay MAB a fixed percentage of any com ...

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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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