Hargreaves Lansdown Share Discussion Threads

[giltedge1] 23/4/2024 09:34

HL making good margin on interest rates & has much lower costs than Banks, not recognised by market. When interest rates falls clients will move to funds win win. Looks cheap on DY, 1.5m clients & cash on balance sheet.

[alotto] 19/4/2024 11:49

Sorry but I think Hargreaves has been overvalued for a long time. It used to pay a lousy 2% dividend. Now it seems fairly priced with a dividend in line with current BoE rates.
There is limited space for an upside.

[porsche1945] 19/4/2024 09:47

Heavy duty market correction through summer as reality dawns rates are much higher for much longer ( love it I’m in U.S. T bills, 5.40 pc on 3 month money ) I think if you want to be in HL you will have the chance to get in sub 6 quid, all the U.K. asset managers are getting wrecked and it’s been going on for a long time now, SJP was the last one holding up and that has now been destroyed ( expect a capital raise there ) Schroders are seeing heavy outflows, abrdn not worth taking about, a j bell soso and HL perma tarred with Woodbridge fiasco, known for high fees and awful fund performance.

[ochs] 18/4/2024 14:23

Due to AJ Bell results and Q2 inflows being taken well by the market :)

[stoopid] 18/4/2024 13:35

Good god, will wonders never cease, up nearly 3% on an otherwise dull day...

[lomax99] 14/4/2024 08:53

W rumbles on, with the FCA turning their attention to W:





Last Thursday the FCA accused Woodford and his firm Woodford Investment Management (WIM) of a string of failings that led to the collapse of his £10 billion investment empire. The regulator sent a warning notice in February to Woodford and WIM, which said they had failed to maintain an appropriate liquidity profile for the flagship fund and made “unreasonable and inappropriate investment decisions”.


However they are not looking at anyone else:

The FCA also confirmed that it was not investigating any other parties in relation to the fund’s failing, which suggests it will not pursue the investment platform Hargreaves Lansdown over its role in promoting the fund to retail investors like the Duffields.


Time for the AC to put up or shut up……

[giltedge1] 12/4/2024 07:52

Managed to hold support at 7.40, looks good for a rise 2024. Cheap compared to Charles Schwab USA & big beneficiary of AI on database 1.5m clients to cross sell. No debts net cash model, low fixed costs hope special dividends back soon.

[jubberjim] 11/4/2024 14:38

Had bought way back Ochs not as well as you 695 I think but sold out for a tiny profit as with the markets so unsure and nervous and with the news of inflation last night squared up.

I perceive very little dealing going on
Tracker funds rule at mom

Better ages will need to be applied to generate new business

So happy to have made a small profit but staying out for now

Good luck though

[ochs] 11/4/2024 09:14

I'm happy still, I bought a few more at 689p a few weeks ago.

[barnes4] 10/4/2024 14:24

You were saying 😂😂

[barnes4] 10/4/2024 14:00

😂😂😂😂8514;👍Ԁ77;

[barnes4] 10/4/2024 14:00

😂😂😂👍

[barnes4] 10/4/2024 13:58

😂😂😂

[barnes4] 10/4/2024 11:27

Not taken it yet

Just topped up a few modest short positions this morning

[ochs] 10/4/2024 11:06

Morning @barnes4, how's the short going? ;) Hope you took your profit down below £7!

[dickbush] 07/4/2024 19:59

Bloomberg:

The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market.

Mexico slashes shipments against a backdrop of geopolitical tensions.

Oil’s Under-the-Hood Signals Tell Tale of Bullish Market.

Oil Prices to Stay Elevated as Geopolitical Risks Ratchet Up.

------------------------------------------------------------------

Higher rates for longer. As a supply issue, rates should not be driven higher. Not good news for party in government in UK and US.

[stu31] 29/3/2024 17:46

10 Uranium, 10 Silver, 10 Gold & 10 Copper Stocks - Rick Rule

17 mins

[hunter154] 27/3/2024 08:45

A long term recovery play with great dividends. The company is not going to go bust.
The new CEO was in the tech division of RELX, a data business where he was instrumental in building out the tech. He has started to take a broom to the key staff at HL and brought in a RELX alumni recently.
I think this will do very well with a 2-year horizon.

[dickbush] 27/3/2024 08:28

Interest-rate outlook set to benefit banks
The higher-for-longer interest-rate scenario is helping banks, taking pressure off deposit repricing and asset values but boosting interest earnings. A return to ultralow rates is also less likely, meaning lending and securities earning potential is less squeezed.
Full Story: The Wall Street Journal (3/25)

Period of ultra low rates was the exception. Economies back to normal with appropriate rate range.

I've been with HL for many years and have almost no complaints.

£3.99 v £11.95 only relevant for very small trades.

Negative: 2nd qtr was down and I doubt the 3rd will be any better. However, with all markets hitting new highs I HOPE the UK will see more enthusiasm.

[giltedge1] 21/3/2024 14:25

More to HL than dealing fees on shares Pensions Funds advice etc. Would not hold 1M Sipp at a Robin Hood app etc,
wouldn't t sleep at night. Like saying BMW will loose sales to Hyundai. When I ring HL always a positive experience, consumers always willing to pay a bit more for good service. Will find out next 6 months if share price rises!

[ochs] 21/3/2024 14:07

I suspect we'll get an announcement on dealing fees soon. ii are now £3-99, so £11-95 looks totally out of date.

[cc2014] 21/3/2024 13:59

I can't see anything but margin difficulties ahead.

From April the cost per trade is going to be double that of AJ Bell and II.
It's fund fee is also nearly double.
As interest rates start falling the money it makes from that will fall as well.

They appear to be doing nothing about any of it. Client acquisition and retention is going to be a problem


(and don't even mention the impact of 212)!

[jubberjim] 21/3/2024 13:25

I agree is good value here but no one is playing and if people are not dealing that is another revenue stream cut.

Will continue watching as the new Isa s coming into play might give it a little fillip but will be short lived .



Hope to see some improvement personally looking to buy lloyds and Close brothers but this car finance probe is holding both these shares back and stymying any inclination to deal in any volume in any share.

The sooner the FCA gets their house in order and announce the result of their investigation we might see an upswing but until then markets will continue to stagnate and face to face brokers will suffer too.

[giltedge1] 21/3/2024 12:13

Way undervalued at £7 on all usual financial metrics cashflow, dividend yield earnings, market leader etc, no pension deficit Low cap ex model. Company should be buying back has plenty of cash. Have my SIPP here works well £200 per year, no charges on drawdown win win. Plenty of other old timers like me at HL over 1M.