Updates

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.

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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Town Centre Securities

Stobart

Mortgage Advice Bureau (December 2021)

Mortgage Advice Bureau (June 2021)

Mortgage Advice Bureau (July 2020)

Mortgage Advice Bureau (September 2019)

Mortgage Advice Bureau (May 2019)

Mortgage Advice Bureau (April 2019)

Mortgage Advice Bureau - Eps forecast to increase by 36% over 2 years (September 2018)

Mortgage Advice Bureau (May 2018)

Mortgage Advice Bureau - Registers new high of 638p (March 2018)

Mortgage Advice Bureau - Shares reach £5 for first time (November 2017)

Mortgage Advice Bureau (June 2017)

Mortgage Advice Bureau (March 2017)

Mortgage Advice Bureau - Advisor numbers soar 27% (December 2016)

Mortgage Advice Bureau - 27% jump in fee advisors (October 2016)

Mortgage Advice Bureau - Blow out 2015 results (May 2016)

Mortgage Advice Bureau - Trading ahead of expectations (March 2016)

Mortgage Advice Bureau - Advisor numbers ahead of forecasts (November 2015)

Mortgage Advice Bureau - Mortgage broker network growing at a scorching pace (October 2015)

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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