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AJB Aj Bell Plc

351.00
6.50 (1.89%)
08 May 2024 - Closed
Delayed by 15 minutes
Aj Bell Investors - AJB

Aj Bell Investors - AJB

Share Name Share Symbol Market Stock Type
Aj Bell Plc AJB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
6.50 1.89% 351.00 16:35:02
Open Price Low Price High Price Close Price Previous Close
346.50 342.00 349.50 351.00 344.50
more quote information »
Industry Sector
GENERAL FINANCIAL

Top Investor Posts

Top Posts
Posted at 14/6/2021 16:57 by robbie1424
Yes, I've stopped buying them and hold in cash until I see a better price.A lot of Investors being fiddled I feel so not good practice from AJB.It has always been at the higher end and shares always climb early in the month before they are purchased.
Posted at 12/6/2021 07:10 by ianguerin
I can understand why investors might want to buy shares each month (pound cost averaging, convenience, etc) but can't comprehend why leave the contract price to the whim of the brokers.
The £1.50 looks cheap at first glance, but not when viewed in the light of those recent posters' experience of actual share prices paid
Posted at 28/4/2021 07:44 by peterbill
The latest quarterly update from AJ Bell (AJB) disappointed investors but broker Berenberg is expecting more robust first half results.

Analyst Jonathan Richards retained his ‘hold’ recommendation and increased the target price from 400p to 420p on the stock, which closed down 1.3%, or 5.6p, at 435p on Monday.

The shares have fallen nearly 7% since a quarterly update was released last week. Richards said while the overall assets under administration number of £65.2bn was in line with his own expectations, ‘the market was expecting stronger inflows and sequential growth’.

‘The company’s first half results, which will be released on 27 May, should be robust,’ he said.

‘We have increased earnings per share estimates overall by c.8% due to continued elevated commission levels, indices increasing c.10%, and additional guidance from the company.

‘We continue to view AJ Bell’s future prospects positively. However, given its current valuation of c.40x 12-month forward earnings per share, we continue to believe our “hold” rating is appropriate.’
Posted at 15/4/2021 19:49 by orchid5
But AJB has a PE.

Is there a PE for cryptocurrency exchange Coinbase, just launched onto the Nasdaq with an initial valuation of $99.6bn (£72.5bn)?

Investors’ appetite for the modern version of tulip mania seems unabated - that's what I see as risk.

hxxps://amsterdamtulipmuseumonline.com/pages/part-4-tulip-mania
Posted at 22/1/2021 17:01 by supremetwo
Plenty of fund managers and other investors willing to purchase whenever a director sale takes place - the same when it was 350, 400 etc.

I'm happy to hold with the price on an upward slope.
Posted at 17/12/2020 22:15 by saltaire111
If I were a trader, rather than an investor, there are two shares that could trade beautifully. One is AJB. Buy at just over four quid, and sell at four pounds fifty! And repeat.

The other share is Direct Line. Buy DL two weeks after the share goes ex-d and then sell just before the share goes ex-d again.

Salty.
Posted at 04/12/2020 10:02 by steve73
IIRC, that was the end of the lock-in periods for the early investors... so there shouldn't be any incentive to offload in big chunks... but of course they can sell out steadily now if they chose.
Posted at 03/12/2020 11:00 by sphere25
"On 9 November 2020, two significant announcements occurred on the same day, with ground-breaking news of a potential vaccine for COVID-19 and clarity on the outcome of the US election, which created a sharp spike in customer activity over a few hours. This caused issues across the market which unfortunately impacted our platform for a short period of time. While the total number of real-time trades placed on our D2C platform on 9 November was one of the highest on record, some of our customers, regrettably, experienced intermittent service issues during the afternoon. A full service was restored by the end of the day as our real-time monitoring and alerting capabilities triggered corrective actions over the course of the afternoon. We have carried out a detailed root-cause analysis and taken additional steps since the incident to further strengthen the resilience of our platform during times of unexpected market activity and volatility."

Clearly it's not just AJB but it's striking how brokerages always put out comments like this, and then come the next period of heightened volatility, the systems fall apart having negative implications for all of us.

Clearly it's a lovely market at the moment where you have shares consolidating gains after massive leaps higher or gradual trends higher as sellers get cleared at each pull back before the next legs higher. Platforms will be fine in this unstressed environment.

However, the markets do look overbought on the technicals on a short term basis so at some point you'd expect them to correct. There is alot of high fives and almost euphoria out there (guilty of quoting plenty of "fireworks" at this end recently) at times and when you see the hype around cypto with ramping across so many non-financial sites, you do wonder whether it is a good time now to begin reviewing the portfolio, risk and particularly any leverage to find a more neutral/comfortable stance as oppose to piling in on overbought conditions.

In the past when you have these overly bullish feelings, near term tops aren't a million miles away. One of the previous years when we had a big bullish run into year end, it was almost straight away in January that markets corrected.

Applying that to AJB, in those corrections, platforms still can experience outages particularly if there is too much leverage. Although, the real test will be looking further out when there are much more extreme level moves as algos pull orders, liquidity dries up and price moves are grossly exacerbated causing emotions to stir.

That will be the ultimate test of how much meaning there is to the quoted words above and how that influences investors confidence and trust in these platform providers.

Talk is cheap, performance is everything.
Posted at 29/11/2020 11:16 by saltaire111
I am convinced AJB is undervalued even at £4.50. It is surely a takeover prospect - I’ve said for a while that it would be a complimentary fit with HL. Or one of the big American firms that wants a ready-made UK platform and higher average investor account values. Vanguard?
Posted at 27/11/2020 10:08 by steve73
I'm guessing the slump is due to another batch of early investors soon being released from their flotation lock-in period.

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