Hargreaves Lansdown Share Discussion Threads

[ochs] 10/5/2024 18:05

Not if you shorted it at £12!

[yf23_1] 10/5/2024 17:31

Burn baby burn.

[growthpotential] 10/5/2024 17:06

Shorters are toast

[giltedge1] 10/5/2024 16:22

band1pa personally I think they have miscalculated HL shares not very liquid, will have to bid up price to buy in the market. Today up 2.7%. Even at £8.50 HL not expensive, on DY Cashflow etc.

[bend1pa] 10/5/2024 13:10

I don't think the shorters are crazy. They certainly seemed to know what they were doing over the past year and 2022. But thankfully they appear to be getting cold feet since mid March. There may be a lot more unwinding to come if HL continues to rise at this rate. But if we reach the 900s, they could also get very busy again, if the last 2 years are anything to go by.

This share is as much about playing the shorters as the normal market.

[giltedge1] 10/5/2024 07:49

Traders must be crazy to short largest broker in a rising market. Anyway helps holders. Another 7% up & back in ftse100.

[stoopid] 09/5/2024 15:15

What price for a FTSE 100 re entry???

[giltedge1] 09/5/2024 12:30

Nice rise again today strong Beta, ftse pulling out of lost decade, will help HL due to home bias

[stoopid] 09/5/2024 09:30

Worried it will get smashed back down if FTSE takes a dump....

[giltedge1] 08/5/2024 15:57

AUA at 31/03 record high £149B. Pleasing to see HL funds almost £10B up 20% YOY, smashing other Asset Managers. Good rise in FTSE since 31/3 bodes well for further gains in AUA & closing shorts will give further boost. Can t see why doubters out there as profits derived from record AUA. Great cashflow & no debts can see special divs in 2025.

[lomax99] 08/5/2024 14:01

He did, several years ago.

[eigthwonder] 08/5/2024 13:57

Is Damps still involved? thought he departed ages ago, post Woodford

[growthpotential] 08/5/2024 12:59

They need to get rid of Dampier for being a mugg

[eigthwonder] 07/5/2024 17:54

Agree 100% Leadixon. And you didn’t even mention that as a national market leader this has to be on a foreign acquirer’s shortlist

[leadixon] 07/5/2024 17:38

Agree - i have a fairly significantly position here and i have no plan to sell even if it went near £12/£13. Happy with the Dividend which will grow at a decent % over the coming years, very good company, new management, strong long-term trajectory and a great offering. I have my ISA and Active savings with HL and even though i have accounts with II and AJ Bell, i have no desire to move even with the slightly higher prices.....the offering is best on the market overall to me. We just need a little more innovation from them and i'll be very happy.

[bend1pa] 07/5/2024 13:13

Looks like some shorters are starting to be shaken out, as this has risen impressively over the past few weeks. But I'm sure the shorters will be back for another bite of the cherry before too long.

900p is easily attainable this year, provided the FTSE remains buoyant....but for how long? Any weakness in the FTSE and HL will drop like a stone again.

[giltedge1] 03/5/2024 14:50

i have researched shorts 5.33%, free float is actually about 67%, if you include LT who are not sellers. £200m needs to be bought back over 1 months trading. I suppose like a buy back as stock has to be returned. If any corrections let me know, as not an expert how it works.

[ochs] 02/5/2024 12:31

Pretty sure they'd already dropped exit fees for transfers out a few years ago?

[stuarti10] 02/5/2024 12:10

Do you know does this include the exit charge? Or is it just the dealing charge they will refund?

[ochs] 02/5/2024 10:56

@CC2014 - agree, if they just dropped it to £5-95 across the board I'm sure revenue would be similar or close to where it is now, as many clients would trade more often (myself included), plus it would be easier to attract new dealing clients.

[giltedge1] 02/5/2024 08:29

Impressive YOY AUA increase almost 10% to 31/03, much higher than I was expecting. Looks a good growing business with tail winds of aging population & employees forced to provide for their own pensions. A good debt free balance sheet & with IT spend reduced soon specials back hopefully. The 5% shorts, will be interesting to see how this pans out as free float about 50% when deduct founders & Lindsell Train holdings. Can,t be much spare stock to buy.

[cc2014] 01/5/2024 22:52

First £100 of trades between now and 21st June refunded.
Per client not per account.
New and existing clients
www.hl.co.uk

(They seem desperate to hold on to the price per trade. I don't know why they don't just cut the price)

[ochs] 01/5/2024 17:02

Oh what have they proposed? Is this an email you've received?

[cc2014] 01/5/2024 15:25

What would you do with £100 of free trades?

HL have finally responded to other brokers fee structure.

That will save me around £250 across my 3 client accounts.