Hargreaves Lansdown Share Discussion Threads

[thomstar] 30/6/2023 09:43

I see hardon pantsdown are doing well today

[stoopid] 28/6/2023 12:07

Active savings will be making them a lot. Bet the inflows are large....

[action] 27/6/2023 17:49

Looking interesting. Still waiting for July23.

[lomax99] 27/6/2023 16:30

Yes, it's been a disaster, first multiple, easy access platform, and they only been able to attract have nearly £7Bn under management :)

[dickbush] 27/6/2023 15:26

New product coming, Global Corporate Bond, which can go into ISA's and SIPP's as well as taxable funds. A nice little earner for HL.

[ochs] 27/6/2023 11:22

Yes, do you know if that's something they plan to offer? Assume you can't use it in an ISA either?

[techno20] 26/6/2023 20:44

Trouble is you can’t use Active Savings in a SIPP.

[ochs] 26/6/2023 18:39

HL are offering better rates - have you ever had a look at Active Savings? It's a great way of encouraging clients who decide to come out of the markets to stay with HL and get a decent return on their cash - much like the Vantage service for funds/shares clients can change between different savings providers (ie. banks/building societies) within the HL Active Savings service. HL get paid a fee by the banks, so don't charge the client.

[jubberjim] 26/6/2023 16:35

My view is that caution will prevail more and more investors will be staying on sidelines and conserving cash

Hargreaves will have to offer ever more better rates to entice those investors to stay because to be quite frank the service they offer has disintegrated in the last 4 years.

More competition for those funds but applies across all front facing broking services hence down on Abdn and Ajb

Will continue to avoid and treat with caution

[ochs] 25/6/2023 19:46

@jubberjim if anything events in Russia could have led to a market rally if Putin had been overthrown, due to hope of a ceasefire in Ukraine. As it now seems like he'll continue I can't see it making much difference on Monday.

[jubberjim] 24/6/2023 18:11

Fear?

And past form in my experience.

No one will be in any hurry to deal and will be very surprised and happy if proven wrong but past experience colours my thinking.

Not too long until results but not holding my breath or Hargreaves Landsdown shares for that matter will look again at eow all being well

Keep the faith but keep liquidity too

[stoopid] 24/6/2023 17:53

What news? What are you waffling on about? Russia?

[jubberjim] 24/6/2023 17:29

News coming out over the weekend leads me to believe that Hargreaves might just be going missing along with other well respected(?) Brokers first thing Monday morning

Think previous support will be taken out.

But think lots of shares particularly financials will be suffering the same fate so stay a look ert and liquid.

Really hope events of this weekend will lead to swift resolution of conflict but we can but hope

Staying in cash for foreseeable future but invested elsewhere as find HL lamentable at moment .

[ochs] 21/6/2023 13:12

@giltedge1 how do you know "most HL clients hold US stocks" - have they provided figures to confirm this? Agree with you about the cash side of things, and base rate likely to go up at least another 0.25% tomorrow.

HL year end is 30 June, so if no RNS around this time we can assume full year results will be in line with expectations.

[lomax99] 21/6/2023 12:13

We are also nearly half way through the IT transformation timeline, special dividends should re-appear in FY 24/25.

[giltedge1] 21/6/2023 11:41

Most HL clients hold US stocks, so gains either way, also take a cut on FX. Also a lot of clients have SIPPS so want comfort of security. HL has a load of cash on balance sheet should get 4% return on this. Active savings doing well, so I am hopeful!, get 5% while I wait.

[ochs] 21/6/2023 10:44

@Porsche1945 I take your points about the UK domestic economy. Do you have a view on Whitbread? It's still holding up remarkably well, mainly due to outperforming the hotel sector in general. I'm currently short, and tempted to get in deeper as surely the share price will suffer at some point?

[porsche1945] 21/6/2023 10:14

Builders, financials….anything related to domestic uk economy is getting pasted….I think there is going to be a full on hardcore recession/credit event…..it writes itself…..I just can’t see how this isn’t far far worse than 08/2012 period, credit junkie population getting vaporised by parabolic rates and inflation, something has to give, and the uk started this in bad shape anyway with brexit imbeciles in charge, the route of least resistance will be house prices so expect -30 pc there. We will see if I’m right, Iv pretty much called it bang on for 18 months plus and done well on my builders shorts. It looks like a blow off top in my US tech, prices are crazy, have been unloading those. Rest of market underneath hasn’t moved tbh. HL won’t recover, it’s had its day.

[ochs] 21/6/2023 09:23

HL shares have had a shocker in the past week after staging a very encouraging recovering out of the tight March to May trading range.

Looking at the charts I was expecting support around 796p as that was the 62% Fibonacci of the 874p June high to 748p March low, but we whizzed past there 1st thing this morning. The next support is 778.5p which is the significant low from 25 May. We appear to have bounced from just above there - for now at least!

[jubberjim] 14/6/2023 16:03

They were first class

No sadly second rate

Am amazed at rise in share price but similarly to Abdn rise

Share buy backs account for Abdn but here I haven t a clue

They are not a patch on what was a good broker

Standards have dropped

Was a time I would have bought and held sadly no more

Markets clueless !

I feel right at home n

[montyhedge] 13/6/2023 16:55

Interactive Investor pays 2.25% on cash in your account.Cheaper commission and dividends paid on time.Best broker I have used.

[ochs] 13/6/2023 16:24

I use ii, but hold shares in HL!

[wolansm] 13/6/2023 13:43

Can any one recommend a better broker than this mob

[the bug] 09/6/2023 09:09

I do like it that they have made an effort lowering fees. Junior ISAs are now free, reduced fees on LISAs plus reinvesting dividends is now free in all ISAs and SIPPs.