They are seriously thinking of floating on the main market at the end of the year or early next year as people on here probably know unusually giving private investors first crack, obviously we will have to wait for the prospectus before deciding on anything.

I don’t usually bother with IPOs nowadays but as I am a customer I might be interested this time.

Anyone got any thoughts on the the subject?

I have decided I am very unlikely to take part in the IPO for AJ Bell.

There is huge growth potential in AJ Bell's market (volume) but I'm also of the opinion that margins are going to come under pressure. The prices charged for holding funds seem unacceptable to me (albeit they are far lower than some of the competition) .

They are also articles in the press about unreasonable exit charges from one provider to another. (How can it cost £25 per line of stock to transfer? How ridiculous). If the government get their teeth into this I think AJ Bell will be a loser.

It is my guess AJ Bell are bringing this to market at the top of the margin cycle and they know it.

Have to disagree with these comments. I've been a AJ Bell customer for a few years now and have found them excellent for trade execution with the lower volume stocks & in decent amounts too. You put a limit price in with them and the majority of time my trade has been filled by the end of day.
I've been around years investing & day trading and have had accounts with most of the big brokers and i do like how efficient & clear AJ Bell are.
I've put my money where my mouth is and have applied for as much as i can in the IPO..be interesting to see what % i get!
Have a look back at some of the old Hargreaves Lansdown threads on various discussion platforms when they first came onto the market..they were getting the same questions/responses asked of them back then with not much belief & just look at them now! What an investment that would have been!!
Not saying AJ Bell will show the same 2000% gain like Hargreaves Lansdown has done but with us all living longer & younger investors taking control of their own finances I reckon AJ Bell SIPP's will be on a strong growth line for a long time to come 👍🏻👍🏻

Yes - see my post 2 :-(

The IPO is out is it 0rient?well they didn't tell me and i'm sure I asked to be notified when it was available!

Closed yesterday Stan Wed, 05/12/2018 - 17:00

I'm not having that D/C I'm sure I registered to be notified, will deal with it later.

I'm only the messenger. lol You sort them out Stan :-))

Leave it to me D/C -):

Offer price

Massively oversubscribed..i only got 1/10th of what i applied for! That's very disappointing for me but shows how much demand there's going to be for them. Will see if i can pick some up on the open market at a decent price 👍🏻

Although the wife has told us she has been given given 40 % of what she applied for!! Not sure why the difference preferences between account holders, unless there was a cap on the maximum amount given?

Great trade

Given 0rient's rather strange allocations and me not even being contacted + the sharp jump at the off I wonder if there was something fishy going on..we shall see!

Share purchase https://www.moneyam.com/action/news/showArticle?id=6243612

CEO transfers shares https://www.moneyam.com/action/news/showArticle?id=6253275