Hargreaves Lansdown Share Discussion Threads

[lomax99] 24/6/2022 11:05

Keep talking it down jubberer, filtered.

[ochs] 24/6/2022 08:51

I can't see why the market would be concerned about election results? Also the 2 results were widely expected, so shouldn't be a surprise.

The main reason that the FTSE has fallen a lot recently is recession fears and the big falls in commodity prices of things like Oil and Copper.

[jubberjim] 24/6/2022 08:01

Expect further sell off this am

The markets will be concerned by election results from overnight

Even less reason to buy shares at this time expect slow drift down with pauses on the way as investors try to bottom fish.Myself I can see this drifting down to 650 where I will have an interest but until then staying well clear.I hope I m wrong ?

Adm bucking against the trend at moment hope it lasts only bright spot in my shareholdings

Good luck everyone

[jubberjim] 22/6/2022 17:35

I had and have been investing since 1989

I signed up with Hargreaves Lansdown back in late 2017
The service was exampalary the information provided was first class

Since then it has been a slow decline as information that was readily available declined was taken off and despite repeated promises that it would be replaced in the near future is still in abeyance

I believe this is behind the general dissatisfaction on my part and doubtless countless others that is behind the fall off in regular trading

Unless swift action is taken I feel the share will continue to wallow and labour in the near future.
Promises broken and at the moment so is HL. It will take time to fix

Radical shake up of management required the front facing operatives I cannot fault

My opinion

[spectoacc] 22/6/2022 16:46

Isn't the last 3 years you should worry about - it's the next 3 :)

[giltedge1] 22/6/2022 14:51

Looking to add to average down, but graph shocking a straight line fall from £ 22 to £ 7.60 over three years no pauses on the way. But over this time frame company if anything more profitable, Client Assets up significantly & customer accounts up significantly, cash on balance sheet, high ROC etc, so either a case of market mis-pricing, or some other forces at work. Hopefully the brave will be rewarded.

[jubberjim] 22/6/2022 01:00

Thank you

Much appreciated

[ochs] 21/6/2022 22:17

5 Aug will be full year results to 30 June. I'm expecting ok numbers and a small dividend increase. Hopefully news about improvement on cash margins and progress with AUM in Active Savings (the HL cash platform).

[jubberjim] 21/6/2022 16:05

Still at a loss nothing is making any sense to me

Did not understand the move up yesterday nor the move up this morning

nonplussed by the dow move up so far

the french elections suggested a sell off not an upward move

Am pleased i have follwed my convictions and stayed on the sidelines

This one will continue to suffer as volume is non existent and very few investors are willing to buy

In my humble opinion investors are looking for the market to make a move up so that they can sell but they are not willing to buy in at any level

Does not auger well for future

When will Hargreaves update the market please I am not expecting good numbers personally

[sunshine today] 21/6/2022 14:51

Rubbish management as seen by the share price chart.

[ochs] 21/6/2022 14:35

Remember bear markets are usually much shorter than bull markets. Although they can be a lot more extreme in their speed, and hence big rapid falls.

People keeping worrying about AUM, but remember the DOW and the S&P 500 are still above their pre-pandemic Feb 2020 peaks even after the recent falls. In Feb 2020 HL's share price was more like £16 - so compute that @sunshine Today?

[porsche1945] 21/6/2022 10:23

Seems just wedged stuck around the 8 quid mark, I cant see anything happening till next year now, until this rate hiking cycle is over. Guessing Peter Hargreaves wishing he had not been such a vocal advocate for brexit, still sucking the life out the country, the market and its currency some years later and also resulted in wheezing useless fat boris being pm ( how does he not resign, bizarre ).

[giltedge1] 20/6/2022 12:40

Bought some back in May & offloaded half at a profit, but unfortunately other half has dropped. Intention to "park" some of my saving in volatile market, as debt free No. 1 Broker & fantastic ROC. Turned out to be the most expensive car park in history.
Anyway fundamentals are fine, so will hold on as Buffet said "forever" so will show a profit eventually & looking for a good upgrade after next announcement.

[ochs] 20/6/2022 09:07

Yes, it's a great start, but for a company with £100bn+ in investment assets, 3.9bn in 5 years isn't all that big. Now that the service has had a successful soft launch, and with interest rates rising they need to allocate a much bigger percentage of their marketing budget towards it - they need to attract new clients who only hold cash (and never invest) with the ease of use, ability to switch and access accounts with lots of different banks and the best rates.

Good news about Bank of America, I think they're right.

[lomax99] 20/6/2022 08:53

And to their credit they were the first with Active Savings, taking funds held from nothing to c. £3.9bn.Bank of America noted them as a buy recently, citing returns on cash deposits. They reckon, including Active Savings, HL hold c £10bn in cash, when you include cash held in pensions, etc.

[ochs] 20/6/2022 08:36

Yes, they are also trying to promote Active Savings more - about time too! - they should be pushing it really hard now at a time when interest rates will rise further over the rest of 2022. This is the opportunity they hoped for when Active Savings was first launched 5 years ago in very difficult market conditions (for cash savings).

[lomax99] 20/6/2022 07:58

It will be interesting to see how their income from cash deposits accelerates over time as the base rate moves up.

[action] 20/6/2022 07:32

Come back in August IMHOP.

[jubberjim] 20/6/2022 07:30

Further downside today I m afraid

Not much will be going on but will continue to watch not convinced as to time to invest
Have spent a little elsewhere but unconvinced that volumes will pick up anytime soon
Much easier on the nerves if not on the wallet to observe from sidelines with cash to invest at right time
Still anticipate further falls

Stay safe be lucky

[tim 3] 17/6/2022 20:12

Good points Specto.You see it all the time people see big falls in a share price and think because its fallen a lot it's cheap, now if it's a quality share that is getting pulled down with the rest of the market then they may be right but when a share is dropping much more than the overall market then caution is advised as there are often underlying issues with the company.

[ochs] 17/6/2022 17:39

DOW needs to close above important support at 29,781 tonight otherwise we could be in for another tricky week next week. Ideally it'll finish over 30k, but having another tough session. Also US has a holiday on Monday, so less liquidity in UK markets.