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Hargreaves Lansdown Share Discussion Threads
Showing 801 to 820 of 825 messages
|I would not invest in HL.
They have made a complete mess of the Tritax Big Box share offer.
More than one day after the new shares started trading, lots of investors cannot trade these and have not been communicated with at all.
Not the way to keep customers.|
|Hargreaves Lansdown slipped slightly lower this morning, despite the group announcing a record pre-tax profit of £218.9m for the year to 30 June. Hargreaves said that customer numbers rose by 100,000 to 836,000, lifting assets under administration by £6bn to a new record of £61.7bn.
Its legendary profit margins appear to remain intact. The group’s operating margin rose to 56%, up from 50% in the previous year. Although critics have sometimes suggested that such high margins may be vulnerable to increased competition, Hargreaves’ dominant market share appears to have prevented this so far.
The group’s overheads are largely restricted to staff and IT costs. Capital expenditure was just £6.6m last year, and 91% of this year’s profits will be returned to shareholders as dividends.
One slight concern is that chief executive Ian Gorham has decided to step down after seven years in the job. Mr Gorham will leave by 30 September 2017, with finance director Chris Hill expected to take over the position. There’s clearly nothing untoward here, but chief executives often time their departures to coincide with a company’s peak performance.
Hargreaves stock trades on 35 times trailing earnings with a dividend yield of 2.6%. The group’s past growth and profitability help to justify this valuation. However, earnings and dividend growth are expected to be slower in the future.
While I believe the shares remain a strong hold, I’d want a higher dividend yield before buying more|
"We are delighted to present a set of results demonstrating a healthy profit growth and continued substantial new assets and clients. Hargreaves Lansdown is well positioned to take advantage of the structural opportunity for growth in the savings and investments market, including the launch of the Lifetime ISA in April next year|
|Financial services firm Hargreaves Landsdown (HL) said assets under administration rose 9% to £60.3bn in the four months to April 30, despite a quarter of investors saying uncertainty over Britain's EU membership was "reducing their propensity to invest".
Net inflows were down to £2.30bn from £2.75 billion in the same period last year, with cumulative total net inflows of £5.07bn in the ten months to April 30 compared with £5.00bn year on year.
Despite the "Brexit" uncertainty, total active clients rose 15% year on year to 822,000.
Chief executive Ian Gorham said the company had seen "strong new business and client growth for the period notwithstanding a challenging ISA season for the industry in the context of volatile market conditions, low investor confidence and 25% of investors quoting current uncertainty over EU membership as reducing their propensity to invest".|
|a predictable start from the City players- drop it and buy in , good scheme to make more money . Thank goodness HL is not BP|
|Excellent results in a very tricky period.|
|requests for info is one thing actually choosing to buy is another . The market players already have taken and continue to take their slice of Cake. the mistakes are written in by Government a continuing PPI, giving any of this to any institution to sell And some 14 billion scooped off as the GO revenue share and a large slice to the ambulance chasers who are still advertising . Hence the today share price on Llloyds see what the results bring both for LLoyds and HL this month. But I guess another slice of market speak " below market expectations.|
|Is Lloyds sale now postponed going to affect HL due to over 1/4 million requests for info?|
|Hl is leveraged to the performance of its clients investments.
Ie same fixed costs but lower revenues (AUM) - squeeze margins.
plus a P/E ratio of 40 times seems overvalued since growth has slowed in recent years.|
|Share price down 16% in 2 weeks. Anyone any idea why ? I know the market has declined generally but not that much.|
|Hargreaves Lansdown has been the best-performing company in the FTSE 100 so far this year, data from the London Stock Exchange has shown.
The Bristol-based company grew by 44.86 per cent between 1 January and 8 December 2015.
Danny Cox, head of communications at Hargreaves Lansdown, suggested the company may have benefitted from the introduction of pension freedoms legislation, which came into effect on 6 April.
Mr Cox said: “Pension providers are still divided into those, such as HL, who want to give their clients the choice to exercise the freedoms, and those who were more worried about asset retention.”
According to Mr Cox, the firm has also shown financial strength because it is “diverse with great value products, has a good management team, a commitment to clients and innovation, excellent compliance controls and a strong brand”.
During 2015, HL launched three multi-manager funds to add to its existing five. The company has more launches planned.
In 2016, it plans to launch its peer-to-peer marketplace and a cash-broking service to allow people access to different types of cash accounts with different banks and building societies through one|
|HL. have been gradually refining their operation over many years and they now appeal to a wide range of investors from the new (and not financially savvy) to the experienced (who just want a low cost, reliable, nominee service)and given that people are now being allowed to do what they want with their pensions it seems to me their client list will grow. There will of course always be competition and already I see firms 'getting on the bandwagon' but in my view HL. are ahead of the game.|
|Broadwood. Can you remember what prices the upgrades were. ?
|Two broker upgrades this am.|
|Seems to be doing very well.|
|beercapafn - better check if Google and HL are live prices, I vaguely recall that HL prices are delayed. You may be right about the ADVFN business model but I do like to have their live graph up when dealing, I don't pay for the level 2 data but I think that is their main market now.|
|I asked why we still get alerts when post id from filtered poster are filtered.
Someone said it is because the sales department of ADVFN quote the number of clicks to justify ad charges.
Just cancelled subs with ADVFN, Google and Hargreaves being such a quality providers of info.
I think ADVFN days business model are numbered.
Bye all. Beer.|
|beercapafn - "that would be great"
Agree, think they are a good business with scale and prospects.|
|Looks like it it is going to make back the div drop today - that would be great.|