- Joined
- 30 May 2017
- Posts
- 2,513
- Reactions
- 4,140
ECM is one of the branches of revenue for the Bell Financial group, see below:
BFG offers an impressive yield at current prices, see my update in Speculative Stock Portfolio
BFG - Bell Financial Group
- Thread starter So_Cynical
- Start date
-
- Tags
- bell financial group bfg
BFG offers an impressive yield at current prices, see my update in Speculative Stock Portfolio
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Another one for the pool room!!
- Joined
- 21 December 2013
- Posts
- 232
- Reactions
- 83
down 7% today on no news?
- Joined
- 2 May 2007
- Posts
- 4,688
- Reactions
- 2,901
No news. The world melted down today. Big players went down by 2 to 4 %. Financials were in red. BFG dived down reasonably giving bargain hunters opportunity.
DNH
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
It's just a liquidity issue.
Things like BFG will move around a lot in uncertain and volatile times.
With these ones you just have to consider that the price action to be some clown porning his Rolex out of desperation, ie loosening up his ability to get out of a margin call or something on some cfd postion or what ever.
The price action has little to do with anything unless you have to sell, just ignore it or buy!
Things like BFG will move around a lot in uncertain and volatile times.
With these ones you just have to consider that the price action to be some clown porning his Rolex out of desperation, ie loosening up his ability to get out of a margin call or something on some cfd postion or what ever.
The price action has little to do with anything unless you have to sell, just ignore it or buy!
- Joined
- 30 May 2017
- Posts
- 2,513
- Reactions
- 4,140
Bell Financial Group Ltd (BFG) could bounce higher from here. It got dragged down along with the rest of the financial sector, but it's not a bank like the big4.
- Joined
- 14 February 2005
- Posts
- 15,096
- Reactions
- 16,870
Down 8% thus far today and was down 10% shortly after open.
Anyone know why?
Anyone know why?
- Joined
- 24 October 2005
- Posts
- 1,302
- Reactions
- 834
Ex-div today Smurf. 4.25c fully franked.
- Joined
- 9 November 2018
- Posts
- 31
- Reactions
- 27
its ex dividend today is my guess.
- Joined
- 24 October 2005
- Posts
- 1,302
- Reactions
- 834
Just to add a bit more for anyone else who trades a dividend momentum system.
Over the last few years this has been a great stock for taking a quick profit riding the momentum into the ex-div date. Historically it tends to rise into the ex date and then drop more than the div on the ex date so not worth holding to pick up the dividend (for short term traders).
Over the last few years this has been a great stock for taking a quick profit riding the momentum into the ex-div date. Historically it tends to rise into the ex date and then drop more than the div on the ex date so not worth holding to pick up the dividend (for short term traders).
bigdog
Retired many years ago
- Joined
- 19 July 2006
- Posts
- 8,123
- Reactions
- 5,469
Street Talk
Ahmed Fahour sells $16.5m stake in Bell Financial Group
Former Australia Post CEO and now Latitude Financial Group boss Ahmed Fahour is selling his stake in ASX-listed stockbroker Bell Financial Group.
Bell's stockbroking arm, Bell Potter, was seeking buyers for Fahour's 21.8 million shares in a block trade after market on Monday.
The shares were being offered at 75.5¢ each, according to terms sent to potential buyers. The vendor was named as "Equitas Nominees Pty Limited /Ahmed Fahour".
The trade was at a discount to Bell Financial Group's last close of 86.5¢ and represented about a 7 per cent stake in the company.
Bell Potter was seeking bids by 9am Tuesday.
Fahour bought the bulk of his stake for 63¢ a share in December 2017, when investment bank UBS sold its 15.8 per cent shareholding.
Ahmed Fahour sells $16.5m stake in Bell Financial Group
Former Australia Post CEO and now Latitude Financial Group boss Ahmed Fahour is selling his stake in ASX-listed stockbroker Bell Financial Group.
Bell's stockbroking arm, Bell Potter, was seeking buyers for Fahour's 21.8 million shares in a block trade after market on Monday.
The shares were being offered at 75.5¢ each, according to terms sent to potential buyers. The vendor was named as "Equitas Nominees Pty Limited /Ahmed Fahour".
The trade was at a discount to Bell Financial Group's last close of 86.5¢ and represented about a 7 per cent stake in the company.
Bell Potter was seeking bids by 9am Tuesday.
Fahour bought the bulk of his stake for 63¢ a share in December 2017, when investment bank UBS sold its 15.8 per cent shareholding.
- Joined
- 30 May 2017
- Posts
- 2,513
- Reactions
- 4,140
I wonder if he knows something that we don't know or just fear that there may be further falls in the banking and financial related stocks.
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,608
- Reactions
- 6,398
Or getting cash together for another project. That's my prediction.
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,608
- Reactions
- 6,398
Guidance of 59% increase in profit this half.
(Bad sell decision Ahmed Fahour.)
(Bad sell decision Ahmed Fahour.)
- Joined
- 30 May 2017
- Posts
- 2,513
- Reactions
- 4,140
Yes, gapped up today on the good news.
So_Cynical
The Contrarian Averager
- Joined
- 31 August 2007
- Posts
- 7,464
- Reactions
- 1,463
One would think that a full year dividend of at least 10c is on the cards, last time i looked i think BFG was one of the 30 or 40 highest yielding All Ord's stocks.
- Joined
- 30 May 2017
- Posts
- 2,513
- Reactions
- 4,140
Impressive growth in dividends since hitting a low yield in 2013. With the increased profits announcement today, I think we can guess whether this trend is likely to continue...
- Joined
- 2 May 2007
- Posts
- 4,688
- Reactions
- 2,901
Ahmed has been a waste for Australia Post. He got used to get fat cheque and hence making wrong decisions. It was no wonder that his decisions for own investment did not favour him either. So my call is see Ahmed (I am not a fan of Paulin Hanson however), just look for the opportunity to buy into when he quits.Guidance of 59% increase in profit this half.
(Bad sell decision Ahmed Fahour.)
. Happy holder of BFG
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,608
- Reactions
- 6,398
This company is cheap, cheap, cheap and pays a very good dividend.
I notice that there is now some gentle buying, slowly pushing up the price.
This month it will finally get noticed by the yield hungry retirees and take off, hopefully timed beautifully for my monthly comp pick.
(I own obviously)
I notice that there is now some gentle buying, slowly pushing up the price.
This month it will finally get noticed by the yield hungry retirees and take off, hopefully timed beautifully for my monthly comp pick.
(I own obviously)
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,608
- Reactions
- 6,398
Obviously has been noticed now.
Doubled my money.
Just goes to show, if you can find something cheap, not looked at by the big boys and punting sheets you can do well.
Doubled my money.
Just goes to show, if you can find something cheap, not looked at by the big boys and punting sheets you can do well.