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BFG - Bell Financial Group

So_Cynical

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$1.66 close - This thing just keeps going. They released a presentation last week with August numbers.


I'm thinking that perhaps this thing really can just keep on growing, the numbers certainly suggest that there is no ceiling regardless of the recent emergence of super discount brokers, there is more to Bell than simple discount broking.

Charts for Third Party Platform (online retail broking) below, group revenue is 15x higher.
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BFG.JPG
 

Knobby22

Mmmmmm 2nd breakfast
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Knobby22

Mmmmmm 2nd breakfast
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My pick for the month.
Thought about a tourism company/Kathmandu etc. but have bad feelings about where this is going - not sure if NSW people are serious enough about this threat.
So BFG.
Great yield, getting good deals on new companies, growth is good, pretty unaffected by Covid, often an update to earnings in late July.
Now one of my larger holdings.
 

Knobby22

Mmmmmm 2nd breakfast
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My pick for the month.
Thought about a tourism company/Kathmandu etc. but have bad feelings about where this is going - not sure if NSW people are serious enough about this threat.
So BFG.
Great yield, getting good deals on new companies, growth is good, pretty unaffected by Covid, often an update to earnings in late July.
Now one of my larger holdings.
Well that didn't work out.
Only a small increase in profit which the market didn't like but this is in the historically weaker half with a truly amazing profit increase on the previous 6 months so personally very happy and have put a bid in if the price drops more.
 
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Well that didn't work out.
Only a small increase in profit which the market didn't like but this is in the historically weaker half with a truly amazing profit increase on the previous 6 months so personally very happy and have put a bid in if the price drops more.
I guess the small profit increase didn't meet expectations.

BFG isn't priced as a high growth, low yield stock though. Even if it didn't increase its dividend, the 10.5c total dividend paid over the last 12 months equates to a yield over 6%. Still looks very sound to me.
 
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i was hoping BFG would go higher ( than $2 ) so i could take my investment cash off the table , but looks like i will have to wait a while longer to get my price

i have held BFG since 2011 , and they have been a nice investment without being flashy ( and obvious the the div. yield at my buy in price is pretty good ... way below $1 .. Commsec is doing maintenance so can't tell the av. share price straighrt away )

at the end of last month BFG was just outside my top ten holdings
 
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