Hargreaves Lansdown Share Discussion Threads

[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.

[eigthwonder] 21/3/2024 11:56

HL’s challenge is that just about revenue variable is working against them and costs control is failing to match the revenue challenge; profitability expectations have to be permanently reset, and management doesn’t do a good impression of accepting or understanding that. That noted, a big overseas financial player could easily see this as a readymade market leader available at a good price.

[stoopid] 21/3/2024 11:44

I think the takeover thing is wishful thinking although there is a lot of HL. bashing atm. I have been watching HLs fall from 20 quid a share. It was obvious even then to a novice like me that the lofty price wasn't justified by the underlying figures and PE of 20/30. Also, the Woodford scandal has done them no favours.But the yield is currently approx 7% at this level with a PE of 9/10 and fees, whilst still higher than some others have been trimmed. The savings platform which i use for short term cash offers instant access accounts paying monthly interest at nearly 5% there are also loads of cash ISAs paying top rates. There are a lot of HL haters on this board but I have held and traded on spikes so my average is only about 700. The large short position does worry me though, 7.6% short is a lot and makes me wonder what they see that I don't.

[ochs] 19/3/2024 16:34

I'd suggest ii if you want an easy to use site, low share dealing fees and an ok app.

Btw I bought a small HL top up this afo at 689.5p as we are approaching the Oct low, and I smell some sort of takeover approach the further away from £7 we get.

[cottlet] 19/3/2024 16:29

Sunshine today
I agree with you 100%
HL treat their clients abominably. It seems their company maxim/motto is 'Shaft the clients they are numpties'

I will be moving my investments .......question is...who to????

[barnes4] 19/3/2024 09:24

He he down again!!

[lomax99] 18/3/2024 15:15

Now on a prospective yield of c. 6.2%

[growthpotential] 18/3/2024 15:01

barnes4 is a mugg lol

[ochs] 18/3/2024 12:45

Ok, well the recent high was only 843/844p, so you must have been short for a long time. I think I'd have been tempted to close under £7 in October and re-open my short over 840p when it started to recover...

[barnes4] 18/3/2024 12:30

Unfortunately only 8:50 but still plenty of meat on this and so many others to choose from

[ochs] 18/3/2024 12:16

What price did you open your short at @barnes4?

[barnes4] 18/3/2024 08:30

Yeee
Best short ever this little beauty

[bend1pa] 17/3/2024 15:19

Sunshine Today ---> "58% of clients rate HL BAD or POOR".

Really? And your source for this 'factual' revelation is....?

[sunshine today] 16/3/2024 14:42

Sunshine Today - 22 Feb 2022 - 08:42:30 - 1637 of 2694 HL. - HL.

I for one are extremely happy I have been proved correct

This was my experience 3 years ago.



Having read the posts on this site over the last few months here are my views on HL. Most highlight just how bad they have treated clients.

I put it to you: Warning bells should be ringing loud and clear, if a FTSE 100 company is constantly getting these exceptional poor ratings on an open review forum. 58% of clients rate HL BAD or POOR

First please read my original post in 2018.

They have since forced me to close my account . !

HL don’t care one tad about their customers, in my view.

They have over one million clients picked up over the years, through slick marketing and the fact the competition from the banks has always been so dire.

HL make massive profits off the back of clients most of which, ( but not all ) have little understanding of investment.

I see even an article written just today, by themselves, encouraging investors to buy on the dips. ( They don’t want redemptions, at all costs, as lower FUM equals lower profits.

These profits are 65P for each pound of fee income, unheard of margins within the sector.

I believe their greed and very poor customer service will be their downfall, as those that got sucked in over the last ten year bull market suddenly see, their investments can go down the pan, in a market downturn.

////////////////////////////////.


Investors were warned here in July 2018 when the stock traded at £20.00 plus.

[m_kerr] 16/3/2024 12:08

I can see PE taking this over, given the recurring cashflows, cost cutting opportunity and long term sector stability and indeed growth.

The free interest is masking a more serious issue, but the market isn't stupid here and sees that hence the fall in valuation / share price.

[barnes4] 15/3/2024 15:43

Come on baby

Who says shares don’t go down in a straight line

These do

[barnes4] 15/3/2024 14:06

Shares don’t drop like this for no reason
Especially as the FTSE is up
I smell blood

[barnes4] 15/3/2024 13:40

Well am keeping my short open as I smell carnage

[bend1pa] 15/3/2024 13:31

Cerebrally challenged, perhaps. I don't think a person's height has anything to do with their daft opinions.

I don't see HL's profits collapsing, or the company being hammered. I'm not even sure we'll see those very low levels of interest rates again, as much of that was down to QE being applied after the banking crash and isn't necessary any longer. The level of interest rates we see now were fairly normal for many decades prior to the banking crisis, and if anything are a little on the low side by comparison.

[barnes4] 15/3/2024 13:23

£6’s coming today

[barnes4] 15/3/2024 13:23

£6’s coming today

[lomax99] 15/3/2024 12:52

The vertically challenged are out in force!