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Mortgage Advice Bureau – things “very positive”. Really?...

By Steve Moore | Thursday 25 July 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 “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…

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