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.
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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. |
---|---|---|
$1.31 | 31695 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2403 | 1.290 |
2 | 17674 | 1.285 |
1 | 15000 | 1.275 |
1 | 19346 | 1.270 |
1 | 2158 | 1.260 |
Price($) | Vol. | No. |
---|---|---|
1.305 | 31695 | 2 |
1.345 | 15000 | 1 |
1.350 | 7054 | 2 |
1.370 | 1500 | 1 |
1.385 | 5000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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BFG (ASX) Chart |