Hargreaves Lansdown Share Discussion Threads

[growthpotential] 07/2/2020 20:02

Couldn't resist, added a few at 1620 to average down

[porsche1945] 07/2/2020 16:41

Some huge sells at close, massive, wonder whether Lindsell T is bailing.

[porsche1945] 07/2/2020 16:07

Well he would say that wouldnt he, he is starting to sell down, the amount of shares to hit the market with him and Lansdown, wow, alot, could be back to 8 quid, pretty much ex growth now and more Woodford fiasco sxxt still to come, oh dear. Ftse 350 univestable these days, uk a basket case since brexit.

[mozy123] 07/2/2020 12:17

If you read the RNS you note he will continue to be a substantial sahreholder. Stop with the fake news.

[porsche1945] 07/2/2020 12:03

Hargreaves maybe looking at selling out completely, turning blue whale into another platform, these going through every support like a bullet, 1400 coming up

[lomax99] 07/2/2020 11:54

Added here.

[intelinvestor] 07/2/2020 11:21

EEZA - that part doesn't read very well. sounds like hes bricking it.

we need some directors buying shares to sustain the share price short term. Its almost a 2 year low? back to March 2018. PE @ 29.6 TTM eps 55.2

[eeza] 07/2/2020 09:37

Hargreaves explained " didn't want all his eggs in on basket".


Any more.

[ochs] 07/2/2020 09:37

@Porsche1945, ok, well they were certainly lapped up - but at £16 a share, all gone and more by 7am!

Be interesting to find out who the institutions are - new or existing holders.

[porsche1945] 07/2/2020 09:27

@ Lomax (and loving it)

[porsche1945] 07/2/2020 09:26

@ ochs, actually deal went through at 550m at 16 quid a share, they were not lapped up at 17 im afraid. Thats the discount you get when you buy half a billion quids worth. Maybe Hargreaves aware major problems coming down line from FCA (imbeciles) amid Woodentop fallout.

[porsche1945] 07/2/2020 08:50

Apart from woodford fiasco the other problem is the money being pulled from funds and going into cheap trackers, alot less revenue for HL, could be a terminal problem for the and sjp

[porsche1945] 07/2/2020 08:45

Lets hope he doesn't sell anymore or they will be back to 12 quid

[ochs] 06/2/2020 19:49

In reply to eeza... Peter H is selling to institutions (not mug punters) who are likely to lap those £500m up at around £17 a share.

[ochs] 06/2/2020 19:48

In reply to GrowthPotential the sale of HL shares made by Dampier in May was all correct and above board - he didn't sell in a closed period and at that point both Woodford funds were still in the W50. I doubt Dampier was expecting Woodford to explode a few months later - more than likely he just saw how high the HL share price was and decided to cash in some of his chips (as most over 60s would if they were lucky enough to hold as many HL shares as he does!)

[eeza] 06/2/2020 18:14

Lol !!!

Hargreaves (Peter) wants you (the mug punters) to help him with his retirement plans.

Roll-up. Roll-up.

Bend over.

[lomax99] 06/2/2020 17:48

Today's RNS, after close, explains the weakness, looking to shift £500m/ c 6.2% of current MC.

[growthpotential] 06/2/2020 16:23

Still holding HL as this will be forgotten in the long run but I'm furious with dampier, absolutely fuming with him for selling before Woodford closes his funds...if there's any investigation it should be on him

[beercapafn] 06/2/2020 16:03

More than a bit harsh..

[lomax99] 04/2/2020 13:41

Liberum trims Hargreaves target price

Near-term issues are overshadowing the long-term potential at Hargreaves Lansdown (HL), says Liberum.

Analyst Rahim Karim reiterated his ‘buy’ recommendation but reduced the target price from £21.25 to £20.75 on the shares, which rose 1.6% to £17.52 yesterday.

Despite new business being lower than expected in a half-year trading update last week as the impact of the collapse of the Woodford Equity Income fund was felt, Friday’s drop in the shares ‘appears overdone’, said Karim.

‘With signs to suggest that the long-term damage from the Woodford suspension will be limited, we believe the shares fail to reflect the long-term value that the group’s position as the clear market leader in the direct-to-consumer platform market will create,’ he said.

[intelinvestor] 02/2/2020 13:37

“Back in 2003, China accounted for just 4% of global GDP. Fast forward to 2020, and its share has increased to 17%. That means the global spillover if China’s growth slumps will be larger.”