Hargreaves Lansdown Share Discussion Threads

[bend1pa] 07/5/2024 13:13

Looks like some shorters are starting to be shaken out, as this has risen impressively over the past few weeks. But I'm sure the shorters will be back for another bite of the cherry before too long.

900p is easily attainable this year, provided the FTSE remains buoyant....but for how long? Any weakness in the FTSE and HL will drop like a stone again.

[giltedge1] 03/5/2024 14:50

i have researched shorts 5.33%, free float is actually about 67%, if you include LT who are not sellers. £200m needs to be bought back over 1 months trading. I suppose like a buy back as stock has to be returned. If any corrections let me know, as not an expert how it works.

[ochs] 02/5/2024 12:31

Pretty sure they'd already dropped exit fees for transfers out a few years ago?

[stuarti10] 02/5/2024 12:10

Do you know does this include the exit charge? Or is it just the dealing charge they will refund?

[ochs] 02/5/2024 10:56

@CC2014 - agree, if they just dropped it to £5-95 across the board I'm sure revenue would be similar or close to where it is now, as many clients would trade more often (myself included), plus it would be easier to attract new dealing clients.

[giltedge1] 02/5/2024 08:29

Impressive YOY AUA increase almost 10% to 31/03, much higher than I was expecting. Looks a good growing business with tail winds of aging population & employees forced to provide for their own pensions. A good debt free balance sheet & with IT spend reduced soon specials back hopefully. The 5% shorts, will be interesting to see how this pans out as free float about 50% when deduct founders & Lindsell Train holdings. Can,t be much spare stock to buy.

[cc2014] 01/5/2024 22:52

First £100 of trades between now and 21st June refunded.
Per client not per account.
New and existing clients
www.hl.co.uk

(They seem desperate to hold on to the price per trade. I don't know why they don't just cut the price)

[ochs] 01/5/2024 17:02

Oh what have they proposed? Is this an email you've received?

[cc2014] 01/5/2024 15:25

What would you do with £100 of free trades?

HL have finally responded to other brokers fee structure.

That will save me around £250 across my 3 client accounts.

[eigthwonder] 30/4/2024 09:27

Depends on your start point - I am nicely in profit

[thomstar] 30/4/2024 09:26

Haulmepantsdown

[thomstar] 30/4/2024 09:05

Still 44% down lol

[lomax99] 30/4/2024 08:53

They are still cheap.

[adamb1978] 30/4/2024 08:44

Fair challenge. Very positive statement though. Hopefully we can get a few closes above that mid Feb spike

[eigthwonder] 30/4/2024 08:27

I'm long these and not upset but.....that statement is all about activity and nothing about costs or profitability - which have been the problems recently

[dickbush] 30/4/2024 08:06

Someone's shorts are messy this morning.

[yf23_1] 29/4/2024 17:05

Well, last time I looked shorters were down to circa 5% from 6%.
5% of 473m shares is 23m.
Gonna be hard to close that if they have to.

[dickbush] 29/4/2024 16:48

One short certainly closed at 16.35.

[growthpotential] 29/4/2024 16:40

Shorters getting owned

[ochs] 29/4/2024 16:39

Very strong rise into the close - 4% up today, plus decent rises at the end of last week. I wonder what the market is expecting tomorrow? - Personally I wasn't expecting much, and am worried growth in net new business will be slower than AJB's recent figures - will be very interesting to see. Perhaps there'll be an announcement about dealing fees?

[stoopid] 29/4/2024 12:47

Wonder if the recent uptick into the current update tomorrow are shorts closing in case of a good set of results.Reached 840 last time before collapsing back to low 700s...Thought things might be better for HL now Woodford has effectively been resolved and they got away with minimal/no sanctions.

[yf23_1] 27/4/2024 23:20

Trading Update on Tuesday.

[dickbush] 27/4/2024 19:01

Charles Schwab

74.99


P/E 29.33

52wk High 75.55

52wk Low 45.65

Mkt Cap 133.19 B