You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:
Business Description: Bell Financial Group Limited (BFG) is an Australian based provider of stockbroking, investment and financial advisory services to private, institutional and corporate investors. BFG has four operating structures: Bell Potter Securities; Bell Potter Capital; Southern Cross Equities; and Bell Direct.
Strategy Analysis: BGF acquired Southern Cross, a large independent stockbroking firm as a complementary business to strengthen the company within the institutional market, as well as in research and corporate advisory areas. The strong resources and energy sector capabilities will add to the immediate synergies which will exist upon the completion of the acquisition. In addition to this, the company has a cornerstone investment in Bell Direct, an online broking business which should help position BFG for more expansion and a sustained growth strategy.
Bell Financial Group reported NPAT down 24.2% to $6.34m for the half-year ended 30 June 2011. Revenues from ordinary activities were $87.02m, down 2.5% from the same period last year. Diluted EPS was 2.4 cents compared to 3.3 cents last year. The net operating cash outflow was $16.34m compared to an inflow of $20.48m in the pcp. The interim dividend declared was 2 cents compared with 2.5 cents last year.
The Age 7/02/2012 | ISRAEL'S Foreign Minister was headed for Washington overnight amid signs that the US and its Middle East ally hold diverging views on how best to resolve the standoff over Iran's disputed nuclear program.
Sydney Morning Herald 7/02/2012 | There will be fewer love hearts and boxes of chocolates this Valentine's Day for the short-lived chief executive of Perpetual Limited, Chris Ryan.
Sydney Morning Herald 7/02/2012 | HOTEL owners and operators are preparing for a busy year of openings and renovations as demand increases from domestic travellers.
The Age 6/02/2012 | AUSTRALIA has a reputation for embracing technological developments quickly. We had a record take-up of VHS, DVD and widescreen television, and it is widely claimed that the Land of Oz has more home theatres per head of population than anywhere else in the world.
Sun Herald 5/02/2012 | INVESTORS cheered during the week, perhaps convinced that the latest rearrangement of deckchairs on the good ship euro will do the trick and right the heavily listing vessel.
Already a member? 
$ 0.625
