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Seems pretty solid. Me, still a big fan although it does seem a full price to me. Not a seller but not a buyer up here either. This one I just ride. 5,000 shares...... I suspect I'll wish I had more in a few years time but, for me, it's a very full price at the moment.
Regards.
You can't sell your shares? I've had no problem with most of mine; the platform is busy, yes but the trades are being executed. What specific shares are you talking about? If you are talking about small cap, fledgling and/or AIM stocks then yes; in a market like this there is likely to be zero liquidity. With the small stocks the Market Markers stop making markets and it reverts to matched trades only so if there is no buyer out there then you can't sell, any price shown is merely indicative. That's the nature of small cap shares, especially in a brutal market, you can be stuck with them...... but then you knew that was a significant risk when you bought them. To be honest I've had times in the past when I've tried to buy small cap/AIM shares and just couldn't as there was no seller. It's not AJBell, it's everyone. In such circumstances no broker will be able to sell/buy those shares for you.
On the mid/large cap shares it's been OK on AJBell - platform is busy so can be slow but stuff is getting done.
They have been getting loads of customers recently. HL is reeling from the Woodford chaos, loads of their customers very unhappy, blaming HL (investors should make their own choices despite any broker suggestions so 5% blame to HL and 95% blame to the investors themselves just they don't want to accept than and so many always want to blame someone else) so looking elsewhere and seeing AJBell offers a similar service at a fraction of the cost.
Many have argued a market correction is long overdue and this Corona Virus thing is all that was needed to trigger it. Plus side for AJBell is it is busy, loads of activity, loads of trading commission. Downside is where they charge a %age fee on the assets held - those assets are worth less so the fee is lower. Me, I have no OEICs, never will have so my fees are capped at £100 a year.
Not sure how much of a risk Vanguard will be. Yes, 15bp p.a. is seen as inexpensive by some but you will only be allowed Vanguard stuff, nothing else - the correct charge should be zero! OK zero for you Vanguard holdings, 15bp for other stuff but they are not going to support other stuff. AJ Bell would charge 0bp for holding Vanguard ETFs - yes the SIPP does have an admin charge but it's only(?) £25 per quarter maximum. ETFs and ITs are just shares. OEICs attract a platform fee but ETFs and ITs, it's zero. I don't see the new Vanguard proposal as any serious threat here - the 25bp p.a. fund (Units/OEIC) holding fee, that's an issue but pretty much everyone else charges more. It does have to go at some point, it's completely unjustifiable and competition will eliminate it in the end but....
I am a shareholder and I do have a sizeable SIPP with them FWLIW
How do you get 'sales reps on an jolly' etc. from these results? Do you work with then in the business because there's nothing (printed) in these interim results to suggest that, not that I can see anyway.
I accept the results don't make for a pretty read but they were never going to. Given the loss of their largest customer (SIG plastics) and the adjustments they made (very quickly), the numbers were always going to take a hit. Personally I'm quite pleased they have held up as well as they have.
The substantial rise in the price of oil was bound to hit raw material prices and it isn't always possible to pass on those cost increases as price increases to customers immediately. Personally, not being in the business, I have no idea whether there is excess supply in the business at this level; if there is it is a serious problem because you almost have to wait for you competitors to go to the wall before you can force through the price increases (or take a hit on turnover)
Me, I was expecting worse numbers. Given what's happened in the last 12 months these aren't as bad as they could have been. Looks like the market agrees with me. I never like a dividend cut (who does?) but can live with 25% drop as long as it's forward progress from here.
I'm going to sit tight. A little to risky for me to buy more here even though the numbers suggest they'll cope with the change of circumstance but I'm not a seller either...... not yet anyway. Assuming there's nothing catastrophic in the meantime, I'll wait until the finals next year and reassess then as long as it doesn't drop through me stop.
Regards
Recent IPO at 250 but didn’t get a lot of support. Me, I’ve always used AVG but always the free version, never paid for anti-virus and never really had any problems - one or two viruses over the years but always easy to clear up . I believe AVG and AVAST are almost (??) the same thing these days albeit with a different interface but as an investment… anyone any thoughts?
Me, new to bricks - well I had some Baggeridge 10+ years ago when it got taken out - but seriously interested at the moment. Looking at Ibstock but also Michelmersh. Ibstock seems the �big boy�, more solid of the two but MBH is the niche player, smaller and the more likely to be a takeover target (I know, not on the cards at the moment but always a treat when you�re on the right side of that one). I will be doing my own reading but curious about outside thoughts. Regards, ITDYA