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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mortgage Advice Bureau

November 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:
  • 570p
You might think the threat of a quasi Marxist Labour government plus Brexit turmoil would cause prospective house buyers to sit on their hands but the wheels keep on turning for Mortgage Advice Bureau. Interim results for the six months ended June showed revenues up 5% to £60.9m, while pretax profit grew 6% to £7.4m. Eps rose 5%to 12.3p.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 earning advisers and in H1 they increased 13% to 1,242 while at the period ...

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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