Aj Bell Share Discussion Threads

[sigod] 13/6/2019 17:21

I think you're right discodave. I still think it could potentially be a decent long term hold but at the current rate of decline I'm thinking it might be better looking elsewhere

[discodave4] 13/6/2019 17:04

Got way ahead of itself IMO.

[sigod] 13/6/2019 16:56

I've been a big fan of A J Bell since the IPO but over 100p down now in a 4 week period. I think it might be decision time for me fairly soon. Prepared to see what tomorrow brings.

[umitw] 13/6/2019 09:15

Many sells are going through?

[orchid5] 12/6/2019 11:01

"Exercise of options under the Company Share Option Plan" rather than their existing holdings.

Annual scheme for all employees?

[steve73] 12/6/2019 06:41

That was the lock-in ended for SOME of the float holders. Other's were locked in for 12 months, yet others for 24.

[lomax99] 12/6/2019 06:19

Lock-in ended, or was the CFO just slow to offload after recent highs.

[bc4] 12/6/2019 05:30

DIRECTOR DEALINGS: AJ Bell Finance Chief Roger Stott Sells Shares
Tuesday Finance Director Roger Stott sold shares worth GBP202,168 in

AJ Bell PLC
11 June 2019

AJ Bell plc (Company)
Director/PDMR Transaction - Initial Notification

The Company announces that it was notified on 10 June 2019 that Roger John Stott, a person discharging managerial responsibility (PDMR) in the Company, has sold 49,918 ordinary shares of GBP0.000125 each in the Company (Ordinary Shares) at a price of GBP4.05 each. The sale took place on 10 June 2019.

[someuwin] 10/6/2019 09:02

Site Outage

AJ Bell Sorry, that request failed to load

Our engineers have been made aware of the problem.

Please try again.

[montyhedge] 08/6/2019 15:44

The Share Centre even better.

[chinese investor] 08/6/2019 08:52

That's how to do a Placing !

[saltaire111] 08/6/2019 08:08

I’d expect AJBell to be a beneficiary of the scandal that’s gripping Hargreaves. Those HL customers that followed HL’s “advice” into woodford’s dog funds will be fairly cheesed-off and looking for a safe home. Come over to Bell, the water’s lovely.

Salty

[saltaire111] 07/6/2019 15:42

Looks like whoever bought Invesco’s stock just got themselves a bargain.

Moving nicely away from Investors Comical’s target...

Salty.

[saltaire111] 07/6/2019 15:13

Units - yep, deal done at £3.80.

Bizarre move.

Salty

[its the oxman] 07/6/2019 11:20

Added looks like this could recover pretty quickly.

[lomax99] 07/6/2019 10:38

Moving nicely towards IC's target....

[umitw] 07/6/2019 09:58

I think the price agreed already 380p!

[saltaire111] 07/6/2019 09:55

It will undoubtedly be institution to institution - that’s in the prospectus. Private investors will not get a look in. Will be interesting to see the price that’s agreed. The share price is already about 25% down from its peak, shorters may see this as a chance to take advantage of a brief opportunity to make a few quid but it is a risky short given the still very limited supply in the open market.

Salty

[umitw] 07/6/2019 09:20

May be there is a buyer. Could this be insti to insti..?

[edwardt] 07/6/2019 08:41

amazed they did not sell the lot. but orchid you are probably right!

[orchid5] 06/6/2019 17:41

Invesco probably have little else to sell that is showing a profit.

[saltaire111] 06/6/2019 17:16

F-ing Invesco B-stards!

Salty

[saltaire111] 31/5/2019 12:29

IC are literally hopeless.

Salty.

[lomax99] 31/5/2019 08:32

IC today:

AJ Bell client growth outstrips rise in assets

Investment platform provider AJ Bell (AJB) rang a note of confidence in its first set of financial results since its December market debut, as chief executive Andy Bell suggested a public quote would help to boost long-term brand awareness. In the event, Mr Bell told us “the real public relations benefit came in the run-up to the IPO”, which partly explained a decision to slow the pace of the listing process

Of course, AJ Bell’s reputation was rising long before 2018. So too were profits, a trend that continued in the six months to March despite choppy equity markets. A 9 per cent rise in customer numbers pushed revenues as a percentage of assets under management from 20.7 to 22 basis points in the period. That, together with a 4 per cent increase in assets under management, fed through to a 32 per cent jump in operating profits.

However, the mood was dampened by the revelation that political uncertainty has impacted client behaviour. Echoing a recent update from trading group IG Group (IGG), dealing activity fell 14 per cent year on year. Until this picks up, Mr Bell reckons low dealing costs and annual charges should put his platforms out in front of any investors looking to switch.

Numis expects earnings per share of 7.3p in the 12 months to September, rising to 9.4p in FY2020.

IC View

On a 12-month view, AJ Bell's broker has also placed a “reduce” rating and 346p target price on the stock. It’s hard to argue with that logic; forecast EPS growth may average 24 per cent over the next three years, but the current valuation looks a stretch given the less-than-benign market backdrop for asset prices. We’d recommend staying out until a cheaper entry point emerges. Sell.