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Mortgage Advice Bureau – AGM update argues ‘believes is ideally positioned’. Really?...

By Steve Moore | Tuesday 21 May 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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…

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