Aj Bell Share Discussion Threads

[orchid5] 26/2/2019 21:24

hxxps://www.ftserussell.com/files/press-releases/ftse-uk-index-series-indicative-quarterly-review-changes-march-2019

Indicative FTSE 250 Additions (in alphabetical order)

AJ Bell
GVC Holdings
Kier Group
Pets At Home Group
Wood Group (John)

[sigod] 19/2/2019 19:15

Yes a very nice rise today. Onwards and upwards to 300p

[saltaire111] 19/2/2019 14:52

Share price progressing nicely. Keeping up the momentum in a choppy market is nice to see.

Salty

[0rient] 07/2/2019 20:34

Haha pjballsorts61..i do pretty well :-) patience is a virtue!

[sigod] 07/2/2019 20:27

Thanks Orient. I have also done very well out of the IPO. I wish you well if you can get any more stock under 250 but for the short term at least it's looking like the share price is firmly on the way up again.

[0rient] 07/2/2019 20:16

Wouldn't worry about it Sigod...pjballsorts61 has a massive chip on his shoulder over something..his continuous droning on just Zzzzzz now!

AJ Bell have been nothing but great to me & even better now they have made me a load of £££;£'s with their IPO. Hoping to purchase under 250 but showing some decent strength last couple of trading days 👍🏻

[sigod] 07/2/2019 19:59

PJB I am not trying to be confrontational. I simply asked if you have had a poor experience with A J Bell. No I don't work for them. I am just a satisfied customer.

[sigod] 07/2/2019 17:57

PJB, you seem to have an issue with A J Bell. Is this because of your own negative experiences with them or are you basing your thoughts purely on what you read on Trust pilot? I am always happy to form my own opinion rather than judge an outfit based on a review site. From my own personal experience A J Bell are an excellent company. I have nothing but praise for the user friendly website and highly professional staff. The recent IPO was a huge success, even more impressive given the fact that the launch was in the middle of so much market volatility created by Brexit. After a recent dip the share price is now recovering nicely and I would say that this share will be a great long term investment.

[saltaire111] 04/2/2019 09:08

Pj, let’s not beef about it.

Salty;)

[peterbill] 27/1/2019 14:42

Investment platform AJ Bell reported a respectable start to trading as a listed company, with 4% growth in customer numbers and positive net flows.

Six weeks after completing its initial public offer on London's main market, the company revealed that headline assets under administration shrank 4% to £44.2bn in the three months to 31 December, the first quarter of its financial year. The decline in AUM was due to negative market movements of £2.7bn.

However, platform customer numbers increased 7,285 to 190,498 and underlying net flows were £0.8bn, consistent with last year though underlying net flows on the platform fell to £1.1bn due to lower defined benefit pension transfer volumes. This downward trend in DB pensions is expected to continue during the current year.

"Trading in the first quarter of our financial year continued in line with the growth story we outlined ahead of our IPO and remains on track," said chief executive Andy Bell, adding that increasing new customers and inflows "demonstrates the strength and resilience of our business model as we approach our busiest period of the year".

Despite the ongoing decline of DB transfers since their peak two years ago, and the current market volatility, he said the outlook for the platform market remains strong: "The FCA is due to deliver the final report of its Investment Platforms Market Study and based on its interim report this is expected to focus on value for money and easier transfers between platforms. Our competitive pricing model and service proposition means we are well positioned to benefit from anticipated developments in these areas."

Shares in AJ Bell, already up strongly since floating at 160p in mid December, were little moved on Wednesday.

Broker Peel Hunt saw a key positive being the continued growth in customer numbers, "which will ultimately drive future flows".

"No consensus forecasts available, although note that the market cap is now higher than IntegraFin despite lower levels of profitability."

[orchid5] 26/1/2019 01:14

Friday 25th Jan large sells:-
10:59 - 25/01 Sell 700000 277.00p £1,939,000.00
10:58 - 25/01 Sell 530000 277.00p £1,468,100.00
10:59 - 25/01 Sell 50000 277.00p £138,500.00

Fund managers?

[saltaire111] 23/1/2019 12:20

Pj, Quite right.

[saltaire111] 23/1/2019 09:31

Yes, but in line with prospectus and expectations.

So steady away. Longer term prospects a very strong.

Salty

[lomax99] 23/1/2019 08:03

Muted update, market has not helped.