Aj Bell Share Discussion Threads

[ochs] 11/12/2024 11:09

Andy Bell selling again. It appears he's going to be a regular seller, so that could hold back the share price over the next few years. I guess it depends how low he wants to take his holding? Down from 18.7% to 17.7% as of 10 December.

[undervaluedassets] 10/12/2024 12:33

hmm.. charging .. another upgrade?

[davidosh] 09/12/2024 10:40

AJ Bell will be featured and analysed on the Mello Monday Show tonight



Programme
6pm Interview with Stephen English, Stellar Asset Management
6:30pm “Where are the markets going in 2025” Fund Manager panel featuring Judith MacKenzie, Downing, Rosemary Banyard, Downing, Gervais Williams, Premier Miton and Stephen English, Stellar Asset Management
7:15pm Educational Presentation
7:30pm Mello BASH (Buy, Avoid, Sell, Hold) panel featuring Mark Simpson (Brave Bison), Damian Cannon (Tatton Asset Management) and Kevin Taylor (AJ Bell)

[undervaluedassets] 09/12/2024 10:27

upgrade from Shore capital

[weemonkey] 09/12/2024 09:16

I am filling my boots

from results last week .. most metrics were triple those of 2019 (profits eps div etc)

Yet the share price is under the 2019 high of £4.84

there is a common sense gap here that will get filled.

To me £10 looks probable and £15 possible.

Whatever .. whichever way you slice it these are very cheap

[undervaluedassets] 06/12/2024 16:05

They're entitled to .. it's Christmas

[cari4] 06/12/2024 12:38

Furthermore a director sold a slice at 499p

[cari4] 06/12/2024 12:34

Agreed, though Deutsche have downgraded to hold from buy - PT retained at 500p

[weemonkey] 06/12/2024 11:07

Great results (best ever) shares go down .. you win twice.

I have bought this pull-back .. mad not to.

[999rp] 06/12/2024 10:46

The world of finance has gone mad?

[its the oxman] 06/12/2024 09:18

Added a few. Seems an undeserved pull back.

[undervaluedassets] 05/12/2024 15:28

The "it is better to travel than arrive brigade" selling a few..

Amazing results yet to be reflected here.

[julianlau] 05/12/2024 09:44

The company’s revenue surged by 23% to £269.4 million, while profit before tax (PBT) rose 29% to £113.3 million, underpinned by operational efficiencies and increased revenue margins. Customer growth remained robust, with 66,000 new users added, bringing the total to 542,000. AJ Bell also achieved record assets under administration (AUA) of £86.5 billion, a 22% year-on-year increase, and assets under management (AUM) soared 45% to £6.8 billion, driven by strong net inflows and the popularity of its low-cost investment solutions.

Shareholder returns were bolstered through a 16% increase in dividends and the announcement of a £30 million share buyback program, reflecting the company’s strong cash flow and healthy capital position. AJ Bell also introduced competitive pricing, including fee reductions and higher interest rates on cash balances, while launching innovative services like the Ready-made Pension to simplify investing.

Investments in digital enhancements, such as a refreshed website and app, coupled with targeted branding efforts, further strengthened AJ Bell’s market presence.  ;AJ Bell is poised for further growth, targeting a substantial £3 trillion addressable market in the UK.

hxxps://wealthoracle.co.uk/detailed-result-full/AJB/1054

[tudes100] 05/12/2024 07:47

Not according to consensus on their website - PBT 113.4m, diluted EPS 20.55p

[undervaluedassets] 05/12/2024 07:15

Numbers are a beat.

I did not see that buyback coming..

These will be £10 sometime within the next 2 years.

[joeywald] 04/12/2024 13:32

Onwards and upwards :)

[ochs] 27/11/2024 19:11

Interesting article about the current market, although I'm not sure many who currently invest with HL or AJB would want to invest their ISA/SIPP with a loss making start up like Revolut? One of the things investors look for is financial security of their assets. Companies like AJB do need to make sure they attract the younger generation who may not have so much capital to invest as the more traditional investor.

[davebowler] 27/11/2024 17:50

Here comes the competition....hTTps://news.uk.cityam.com/story/2286506/content.html

[mello2024] 07/11/2024 22:28

Just to let shareholders and prospective investors know that AJ Bell will be exhibiting at Mello's 10-year anniversary show on Tuesday 19th & Wednesday 20th November 2024 9am - 7pm.

The Budget is out, Mello is in! To celebrate our 10 Year Anniversary, we have created a two-day investor conference that will include top quality keynote speakers including but not limited to Peter Pereira Gray, Paul Hill, Ben Rogoff, Rosemary Banyard and Gervais Williams. Also featuring panel sessions such as our popular Mello BASH (Buy, Avoid, Sell, Hold) with professional investors and analysts such as Leon Boros, Mark Simpson and Paul Scott. There will be over 40 exhibiting companies and over 60 presentations from companies such as The Property Franchise Group, Time Finance, Brave Bison, Mortgage Advice Bureau, Aeorema and many more! Get 50% off your ticket with code MMTADVFN50. Tickets are still available:

[undervaluedassets] 17/10/2024 08:44

nice update. Becoming very sound long term hold for me.

[japatrick] 09/8/2024 18:59

Hargreaves virtually done - AJb next for PE and Middle East sov wealth

[undervaluedassets] 07/8/2024 13:13

No of course I noticed it.

principal activity is self invested pensions and the levy on user accounts. That just carries on. Or even increases.

[ochs] 06/8/2024 09:11

Did you fail to notice the general global market meltdown since last Weds? Bound to have affected assets under management in the short term, so no surprise to see AJB fall back.

[undervaluedassets] 06/8/2024 03:36

hmm

Well we are back in bargain territory thanks to the "it has gone up a lot so lets sell" mentality of the the unthinking.

14% decline in 4 days.

Business is the same and growing like topsy.

I do not see pensions going out of fashion any time soon.

Japan and Nvidia have created a nice price.

At today's close AJB is now cheaper that it was at this time in 2019 and yet it is nearly 4 times as profitable as it was in 2019

2019 interim profit £17 million
2024 interim profit £61 million

[weemonkey] 26/7/2024 09:26

Perky. And why not.. the shares have not kept pace with the underlying growth of the business over the last 5 years. A period of catch-up would seem to be underway