Aj Bell Share Discussion Threads

[bc4] 28/5/2019 21:35

1.5p divi nice try

[peterbill] 28/5/2019 11:59

Divi is not 150 pence!

[umitw] 28/5/2019 11:17

If 150 pence divi is paid to the shareholders we are effectively looking at a share price of 270 p after x divi. Is it worth holding for it?

[bc4] 27/5/2019 22:07

YAWN not again ok by

[discodave4] 27/5/2019 19:26

Thanks PB,Any view on H1 eps 3.5p?.This is a quality business so appreciate a high rating but still seems a tad too high for me.All the best.

[peterbill] 27/5/2019 15:01

Hi DiscoDave, just thought I'd add my thoughts on AJB ... The figures from Stocopedia ... current PE ratio is high at 50 to 60, ROCE is around 40% and earning growth around 20%, so a lot of growth factored into the current share price.

Soon, one of the lock in periods ends so that may put some pressure on the current share price.

[discodave4] 24/5/2019 17:55

You are right. Just thought someone you knows more about AJB may address my concerns that's all.Tried to get hold of previous Interims from Company's House website but no joy.

[bc4] 24/5/2019 16:55

If you have any concerns simple do not invest!

[discodave4] 24/5/2019 10:20

Would agree, fantastic numbers, my only unknown (or concern) would be their earnings, eps 3.5p, don't know weighting's but annualised that would come in below forecasts (7.2p), any views on H2 eps (conscious of "go away in May"!).Thanks

[porsche911sse] 24/5/2019 08:43

Nice to see a mention in the press

[milly17] 23/5/2019 10:31

In the FT (FASTFT section) this morning they got a nice mention for the results titled “AJ Bell shrugs off Brexit Angst with 27% leap in profits”. It mentions slowing growth as with its larger rivals but notes over the six-month period the company succeeded in boosting its profit margins and customer numbers. It was a positive report.

[someuwin] 23/5/2019 09:56

Added long term chart to the header.

[orchid5] 23/5/2019 09:43

FTSE350 sea of reds again this morning so there are very few other shares to take profits from.

[umitw] 23/5/2019 09:23

Divi is payable on 28th June, x divi date is 7th June.

[davr0s] 23/5/2019 09:19

Not really considering the rise - perfectly normal price action in my book. Needed some of the froth to work it's way out

[umitw] 23/5/2019 09:19

Low volume, it could be that PI selling or taking profits IMO.

[saltaire111] 23/5/2019 09:10

Bizarre market reaction.

Salty

[0rient] 23/5/2019 09:09

The old adage 'Its best to travel than to arrive'!! An awful lot of good news factored into the share price .its been a wonderful trade/investment for many.
Hopefully will get a good re-entry price & AJ Bell continue their growth 👍🏻

[umitw] 23/5/2019 08:05

When is the interim divi payment?

[lomax99] 23/5/2019 07:20

Well the FY forecast was for EPS of 7.2p, which at £4.31 is a PE of 60, suspect the 7.2p might be light, at 7.7p that PE at £4.31 drops to 56.

[saltaire111] 23/5/2019 07:09

Well, they said the results were going to be “slightly better than current market expectations”. They’re miles better!

Fantastic maiden results as a listed business:


-- Revenue up 17% to GBP50.1 million (HY18: GBP42.9 million)
-- Profit before tax (PBT) up 27% to GBP17.7 million (HY18: GBP13.9 million)
-- PBT margin up 2.9 ppts to 35.3% (HY18: 32.4%)
-- Balance sheet strengthened, with net assets up 15% in the period to GBP73.8 million
-- Interim dividend of 1.50 pence per share in accordance with the Board's stated dividend policy


-- Customers increased by 16,941 in the period, up 9% to 214,853
-- Assets under administration (AUA) up 3% during the period to GBP47.7 billion
-- Total net inflows of GBP1.8 billion, driven by platform net inflows of GBP2.1 billion
-- Customer retention rate of 95.3%, up from 95.1% in the previous financial year

Revenues up 17%!!!

Salty

[eaaxs06] 21/5/2019 13:59

So what was going on with all those trades that got recorded today between 10.15 - 10.30.

Looks to be about 50 small trades at 288 - 310?