You're welcome! I remember you do hold MONY right?
On the positive side, I think it's only a matter of time before the Energy Comparison side of the business gets back to full health... Starting already... and the energy price cap can't be here forever.
My IRR has been c10% for the last 4 years of holding, so not a shabby return, but under the 15% that I hope for.
Accordingly it's been high on my sell list if I ever needed the funds, but that time hasn't come yet.
I'm still a big believer that it's position in the price comparison market means that it will have acquisitive admirers and whilst I continue to think that it's undervalued (relative to multiples paid for competitors just a few years ago), I'll keep holding and hope for that elusive re-rating.
#MONY
That is excellent detective work there Boon.
Thank you
You're welcome! I remember you do hold MONY right?
On the positive side, I think it's only a matter of time before the Energy Comparison side of the business gets back to full health... Starting already... and the energy price cap can't be here forever.
#MONY
Hi Boon
Yes, I still hold.
My IRR has been c10% for the last 4 years of holding, so not a shabby return, but under the 15% that I hope for.
Accordingly it's been high on my sell list if I ever needed the funds, but that time hasn't come yet.
I'm still a big believer that it's position in the price comparison market means that it will have acquisitive admirers and whilst I continue to think that it's undervalued (relative to multiples paid for competitors just a few years ago), I'll keep holding and hope for that elusive re-rating.