Tom Winnifrith Bearcast: accusations of lying & deception fly - Peter Hargreaves of HL, Neil Woodford & Chris Frazer of Sirius
Mortgage Advice Bureau (MAB1) has updated including “revenue for the six months ended 30 June 2019 increased by 5% (8% on an underlying basis) to £61m… in the second quarter of the year we have seen some improvement in banked conversion and continue to see these trends in July… encouragingly the majority of our Appointed Representatives continue to hold strong growth plans for 2019 and 2020”. Down from 700p+ reached last year, the shares though currently remain at circa 600p…
Mortgage Advice Bureau (MAB1) has updated including “adviser numbers have continued to grow… the majority of our Appointed Representatives continue to hold strong growth plans for 2019 and 2020… we believe MAB is ideally positioned to continue increasing its market share, and to focus on wider group success and profitability through new opportunities and broadening our addressable market”. The shares have currently responded, er, towards 580p – more than 5% lower…
On the face of it in a near zero interest rates environment one might have thought that there may not be too much demand for mortgage advice. With a name like Mortgage Advice Bureau (MAB1) you'd be surprised if there was much interest for the company's shares, but as I show below there are some interesting share price targets.
Search ShareProphets |
Recent Comments |