BFG 0.77% $1.31 bell financial group limited

Has no one read the presentation? My buy order of 1.74 almost...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,380 Posts.
    lightbulb Created with Sketch. 648
    Has no one read the presentation? My buy order of 1.74 almost got hit but just missed :-(
    love the growth in revenue, profit and FUM.
    the market has caught up on this stock but it still remains undervalued. Most of my shares were bought at 60-70c 3-4 years ago but i have been adding a few more and almost more today. The long held shares pay around 20-25% yield including franking credits.
    I still think the dig should be at least 12-13c for this year, so with franking 30% that 16-17c so it’s still likely to pay almost 10% yield at current prices.
    market volatility and rising rates could actually benefit bfg as more people trading = increased broking profits, more margins on some capital holdings as interest rates rise, and more companies will look to raise equity as bond rates rise, thus all 3 could increase profits even if the equity markets take a hit in the next couple of years during the reflationary trade.
    so this stock remains a buy for its value, yield and likely continued profit growth over the next 3-5 years.
 
watchlist Created with Sketch. Add BFG (ASX) to my watchlist
(20min delay)
Last
$1.31
Change
0.010(0.77%)
Mkt cap ! $418.5M
Open High Low Value Volume
$1.29 $1.32 $1.29 $81.16K 62.40K

Buyers (Bids)

No. Vol. Price($)
1 2403 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.31 31695 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
BFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.