Australian (ASX) Stock Market Forum

BFG - Bell Financial Group

(21st-April-2016) AGM announcements out today, interesting that the MD commented on the continuing SP weakness in spite of excellent results, point out that all 4 divisions are operating profitably and have growing revenues, On target for close to 5c in total dividends this year maybe more, over due for a major re-rating IMO.

Wait long enough and you see everything...so they say.

The long awaited re-rating has come over the last 2 days with the SP popping more than 22% on substantial volume, all the sellers taken out, still yielding 7% FF on today's close 75c.

Massive day for me, portfolio up over 3% probably my biggest one day rise..3 stocks moving double figures and another 3 more than 5% :).
 
Wait long enough and you see everything...so they say.

The long awaited re-rating has come over the last 2 days with the SP popping more than 22% on substantial volume, all the sellers taken out, still yielding 7% FF on today's close 75c.

Massive day for me, portfolio up over 3% probably my biggest one day rise..3 stocks moving double figures and another 3 more than 5% :).

Congrats :)
 
BFG now selling a SMSF product, not the cheapest out there but still a flexible, feature packed low cost alternative.
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I switched to bell direct a couple of months ago, September was a busy month for me, got this email today, i have never had live data before...

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Congratulations! You've been upgraded to receive complimentary live data

Dear So_Cynical

As part of bellactive, our active trader package, we want to thank you for trading more than 5 times last month by providing you with a complimentary upgrade to our Gold service for October 2016.

Complimentary live data with Gold service

Our Gold service normally costs $10 a month, however because you traded more than 5 times last month, we're happy to offer this service to you for free.

Normally you would have viewed 20 minute delayed data, but with Bell Direct's complimentary Gold service you can now access:

> Live ASX quotes and course of trades
> Live market depth and detail and
> Live charting.
 
I switched to bell direct a couple of months ago, September was a busy month for me, got this email today, i have never had live data before...

------------------------

Congratulations! You've been upgraded to receive complimentary live data

Dear So_Cynical

As part of bellactive, our active trader package, we want to thank you for trading more than 5 times last month by providing you with a complimentary upgrade to our Gold service for October 2016.

Complimentary live data with Gold service

Our Gold service normally costs $10 a month, however because you traded more than 5 times last month, we're happy to offer this service to you for free.

Normally you would have viewed 20 minute delayed data, but with Bell Direct's complimentary Gold service you can now access:

> Live ASX quotes and course of trades
> Live market depth and detail and
> Live charting.

Congrats So Cynical
Does $1370 takes care of submission of all paperwork to tax office ?
Commsec does offer live data.
with trade - do you pay $39 per instruction like Bell Potter charges or $15 what Bell Trade offers ?
Did you compare AIA insurance premiums with outside and this one ?
Many thanks
 
Congrats So Cynical
Does $1370 takes care of submission of all paperwork to tax office ?
Commsec does offer live data.
with trade - do you pay $39 per instruction like Bell Potter charges or $15 what Bell Trade offers ?
Did you compare AIA insurance premiums with outside and this one ?
Many thanks

Five 15 dollar trades and i get live data, just thought that was pretty good, i doubt ill do 5 in Oct, as for the SMSF stuff i have no idea, send them an email and ask, i dont have a SMSF.

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And congrats on the Monthly tipping comp win..thought i had you there for a while. :)
 
Funny - strange how the 5 year dividend chart can look so linear and perfect and yet thats not really reflected at all in the 5 year share price chart.
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They're dividend has been awesomely consistent despite the price panics!
This has been a great bottom draw hold.
Went ex today so I guess a few think to get out after 10 years maybe it's time to get some volatility and go again at a lower level.
The only concern I have is that if this ETF fad continues and the buy sell hold artificial intelligence starts really cutting in, the not so old and old brokerage firms might be in a bit of strife.
But I don't think that is an issue just yet.
Let's hope they are working on the Apps to keep pace, just the same!
 
Results out today, more consistently wonderful numbers and a 0.055 cps FF final dividend, on target for total dividend this CY of maybe 10 cps, its taken a few years but my dividend yield on purchase price is now into double figures as my average price is 55c.
~
BFGwow.JPG
 
Trading CD the share price is enjoying some buoyancy in the second half of this month, from 73c on Feb 20 to 86/7c over the last 3 days, share price hitting a 6 and a half year high.
 
https://www.belldirect.com.au/smarter/smsf-service-setup said:
Don't miss our special offer
Join Bell Direct SMSF before 30th June and save $1455 in your first financial year:

The admin fee is FREE in your first financial year (usually $1080)

The set-up fee is now only $99 (instead of $399)

Your first 5 online trades for your SMSF will be FREE (usually $75) when placed before COB 31 August 2018.

The brokerage will be refunded at the end of the month in which the trades are placed.

Another successful revenue stream.
 
Traded above 80c today for the third time this year, could be in line for an ASX300 inclusion at the next re-balance as they have a MC above 200 million and the volume is reasonable, RFG out ~ BFG in?
 
Raising announcement today, 1 share at 68c for each 5 to at for platform.
I like the fact the price rose as people want this entitlement.
 
Raising announcement today, 1 share at 68c for each 5 to at for platform.
I like the fact the price rose as people want this entitlement.

17% discount, renounceable rights issue so you can sell them if you want, no placement so only shareholder get a go, thats the way to raise money, i shall be fully participating.
 
95c today a 7+ year high, rights issue just 2 months ago at 68c - easy money.
 
It's a cracker and the only person buying it during the financial crises was Collin Bell and people were laughing at him.
Guess who's laughing now!!!
 
Price is accelerating, traders coming on board. I don't think we shall see the price near 68c again.
It was amazing how cheap this company was.
 
It's a cracker and the only person buying it during the financial crises was Collin Bell and people were laughing at him.
Guess who's laughing now!!!

People who bought MQG or even the index? :p

It will be interesting to see the interim result. The swing factor will be ECM. The rest of the business is pretty ho-hum, although FUA jumped last year by 21% to $47.2b so some fee growth should come from that.

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ECM is 49mil for nine months according to the latest update.
McLovin, do you have any concerns with the groups reliance on this?
 
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