Hargreaves Lansdown Share Discussion Threads

[dickbush] 14/2/2024 14:01

I would be happy with double-digit growth in eps and a positive statement about the growth of Revenue from new or relatively new products. Announcing a buy-back of their shares would be timely.

[ochs] 14/2/2024 10:24

What are we expecting from half-year results on 22 Feb?

[giltedge1] 14/2/2024 08:24

Good as price has increased will be sweating 6.8% short I found on IC website, so over 1 months trading to buy back, will be interesting.

[lomax99] 13/2/2024 13:49

Not sure the shorts are notably unwinding, unless not yet reported - the last movement was an increase on 9th Feb.

[dickbush] 13/2/2024 13:39

US CPI data today discouraging for those anticipating a cut in rates soon. Headline CPI 3.1% y/y and latest 6 months annualised 3.4%. Core 3.9% y/y and latest 6 months annualised also 3.4%.

Higher rates for longer not a bad thing for HL's 2nd half through June 30th. I note that US petrol prices are up in Feb v Jan.

[stoopid] 13/2/2024 10:10

Also because the Woodford saga appears to be over apart from the odd one or two things and HL appear not to have incurred any liabilities from it.Also, back in the FTSE 100 soon, which may mean funds buying in again....

[giltedge1] 13/2/2024 08:15

Nice recovery undervalued for a long time, now shorts unwinding helping rise. Hopefully consolidate at this level then push higher, all fundamentals point to £10, PE, Dividend Yield, Cash on Balance Sheet No. 1 Broker.

[evianone] 09/2/2024 14:09

I’m very happy with the service compared to others in the industry as a family we have multi accounts with other companies, if you want to compare service look at the people who supply electric gas phone etc very poor service, you hardly ever get a anybody to answer the phone or emails ☹️
I’m long so I havean interest 😂

[dickbush] 09/2/2024 13:54

Not much of a case against HL on the rates it pays when the comparators are the banks.

[dickbush] 09/2/2024 07:37

I've been with HL for many years and, generally, the admin has been fine. I always get a reasonably quick response using Secure Messages within the account.

[bend1pa] 09/2/2024 01:55

I'm in the process of transferring my ISA to HL.

I must say as far as external emails go, their communication isn't that great. They failed to respond to a couple of queries I had before opening my account with them. However their charges seem very reasonable when you consider the interest they're currently paying on cash held in an ISA.

I'll have to see how responsive they are to email queries when logged in.

[rigsby68] 07/2/2024 22:07

good progress

[ochs] 06/2/2024 17:09

787p close today, so next target on the charts is 810p (50% level) & then 835.5p (Sept high).

[ochs] 05/2/2024 11:50

HL website actually shows Friday's close as 778.6p and the site I use for charting (CMC) shows 775.4p - so I don't think it's quite been broken - but it could well close above there today - and then 778.5p would indeed become a support level.

[evianone] 05/2/2024 11:36

Thanks Ochs,

Will bare all the above in mind, it closed on Friday at 7.85p so that's the first resistance level (38% Fib gone I presume?)

Looking strong again this morning hopefully 7.785p will become support on the down side

[ochs] 05/2/2024 10:44

Hello @evianone, I would still be a little bit cautious at this stage - I've been bitten by the HL share price too many times already over the past few years! On the charts 778.5p is a crucial resistance level (38% Fib) and an end of day close above 778.5p would be positive.

There is a risk that new business could have been weaker than expected in the 1st half - 1 July to 31 Dec, but most important will be forward guidance for the tax year end period.

HL currently make a good margin on cash, but that is coming under pressure from FCA and next move in UK rates could be down. Additionally they may reduce dealing fees at some point which could affect margins (at least in short term).

Final thing to be aware of is that US and Germany markets are currently at all time highs meaning should these begin to fall back the HL share price could suffer. Unlike the markets the HL share price is far from all time highs - but that won't stop it falling if there's a market correction.

[evianone] 05/2/2024 08:23

Wouldn't like to be short on this stock with interim results due on 22/2/24, still 7 funds are at 6.1% if they start to close their positions this hopefully will move strongly upwards, it looks like a bowl and cup forming o the charts,

Do we have any experts on shorting or charts for views?

I'm long so I may have blinkers on, have dipped my toes into this share as people are looking for better interest rates going forward by the form of dividend and the interest rates HL pay on savings account, they obviously will be obtaining a % of the rates from these companies, to me it looks like a recovery stock going forward.

[evianone] 02/2/2024 12:41

Chart is looking superb, if this breaks out it could pop, all moving averages moving nicely update in 20 days :-)

[eigthwonder] 01/2/2024 16:55

and comparing AJ Bell vs HL, for example, HL dealing price is usually an improvement on AJ Bell dealing price - of course other providers may beat HL - but the improvement can often mitigate any dealing cost disadvantages .

[mozy123] 01/2/2024 14:39

The best thing with HL is the low platform fees for ITs and Shares (£45pa) and free monthly dealing. Avoid the OEICs

It can be very competitive cost wise.

[ochs] 01/2/2024 13:29

Yes, but you seemed to be only focussing on new clients - a lot of new business comes from existing clients - that new business could be lost due to higher dealing fees.

[adamb1978] 01/2/2024 10:05

Ochs - that's exactly what I said. Its a problem with new business