Hargreaves Lansdown Share Discussion Threads

[enami] 05/2/2013 08:10

Good start today on zero news.

Undisclosed broker rec?

Critical Point 710.7

[leeson31] 24/1/2013 13:13

---------------
check for stock being shorted >>
































END
-----------------------------------------------------------------------------------------------

[vauch] 10/1/2013 11:32

I'm not impressed

[vauch] 10/1/2013 11:31

Not sure what is up with HL today I have phoned 4 times to do a trade but no one is in to take the call.

HL BAD FORM.

[zangdook] 19/12/2012 11:07

They've finally got it together after a few hours in which their clients were unable to trade in the new company. They always do this, whenever some corporate action takes place it takes them hours or even days to update their system. Some brokers get everything ready in advance and flip the switch at 8am sharp. I had thought HL might be a little more organised with such a prominent company as Alent, but no.

No wonder they have to bribe their clients to recommend them to more suckers.

[miata] 06/12/2012 12:32

ML downgrade.

Downgrading to Equal-weight given strong price performance.
We now see relatively limited upside for HL – however, we continue to
believe that the business will be able to successfully transition to a new
charging model post RDR.

[dimotane] 06/12/2012 12:27

Seems to be on the drift at the moment.

[broadwood] 19/10/2012 15:27

I'm out - for the moment.

[mozy123] 12/10/2012 16:18

Great Business, and great IMs this morning. Im not invested because I dont like the multiple that they trade at. Just wish i was offered shares in the float as i was a client but didnt have enough with them at the time. :(

Mozy

[broadwood] 12/10/2012 14:31

Jumped in at the start this morning. Excellent statement on all fronts in the traditionally quiet quarter.


Banks and insurers have been buoyed by Deutsche Bank upgrading the sectors to "overweight". However, it was financial services provider Hargreaves Lansdown which topped the leader board in the morning session, after it said it had got off to a "pleasing" start to its new financial year.

Hargreaves Lansdown's revenue, assets under administration (AuA) and client numbers all hit record levels in the July-September quarter, traditionally the firm's quietest period

[northernlass] 09/9/2012 02:58

Prospers In Tough Times

HARGREAVES LANSDOWN PROSPERS IN TOUGH TIMES

UK retail broker takes advantage of technology

It was founded in the tough economic times of the early 1980s. More than 30 years later, Hargreaves Lansdown is still showing it can grow and flourish against a difficult financial backdrop.

The UK retail investment broker, which was launched in a small bedroom in Bristol in July 1981, reported record earnings and assets under management in the year to June and increased its dividend by a fifth as it defied the troubles of the economy.

Offering retail investors shares through its web-based platform, it has shown an ability to change with the times, taking advantage of technology and an increasing appetite among consumers to do their own research when buying stocks.

The company, which is listed on the FTSE 100 and still based in Bristol, has also succeeded where rivals are struggling.

Ken McAtamney, senior portfolio manager at William Blair, a top-40 shareholder, says: "This is a long-term organic growth story with a very strong management team. They have got the right strategy and the right people in an industry that is facing headwinds."

David Lis, head of equities at Aviva Investors, adds: "This company has been a success story since it floated a few years ago. I think its success is because it is an independent platform, which retail investors are increasingly using."

Another reason why Hargreaves Lansdown has been standing out from the crowd in a dismal year for investment brokers is that it is perceived as a haven with zero debt and cash reserves of £145m on its balance sheet.

Its rapid client growth – to 425,000 at the end of June – is also seen as a result of the group's broad product offering, which ranges from equities over external funds to cash management facilities.

Canaccord Genuity reiterates its BUY Recommendation for Hargreaves Lansdown with a target price of 694p.

Barclays Capital reiterates its Overweight rating for Hargreaves Lansdown and has a target price of 715p.

P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:

[northernlass] 09/9/2012 02:57

Lucky Number 7

LUCKY 7 FOR HARGREAVES LANSDOWN

Despite a 7% fall in the FTSE All Share index in the year to June, UK-listed financial adviser Hargreaves Lansdown has lifted its assets under administration by 7% to £26.3bn, following the latest in a series of recession-denying performances.

The surge is thanks to Hargreaves' success in attracting affluent clients to its internet-driven investment platform. An increasing number of individuals are using it for their personal pensions, now that the scale of final salary provision is falling.

Clients like the way in which the firm offers the opportunity to invest in a broad range of funds and executes orders smoothly. Its client retention rate last year was 94.4%, with participants on its investment platform rising 45,000 to 425,000. According to chief executive Ian Gorham: "Our mission is to retain our position as the best place in the UK to buy investments."

Hargreaves has negotiated tough terms with managers desperate to appear on its platform. Over the year, its pre-tax profits rose 21% to £152.8m. Just five years ago, Hargreaves' profits were £24.4m. In each year of the credit crisis they continued to rise, as it took market share away from other fund distributors including banks and independent financial advisers.

Last year Hargreaves' operating margin rose by 3.3 percentage points to 63.1%. Hargreaves continues to meet regulatory reserve requirements with ease. As a result it was able to lift total dividends last year by 20% to 22.6p.

Source:

[robinnicolson] 06/9/2012 16:51

A truly great business, richly rewarding long term shareholders. HL generates huge amounts of cash: six special dividends have now been paid since the stock flotation in 2007 and the share price just made an ATH.

[liquidkid] 09/2/2012 08:51

The Customer numbers or Client recruitment growth is now not a headline as the growth has slowed to 4.2% (Customer numbers grew 14% for 2011)

[danny murphy] 09/2/2012 07:11

Good results today; should put 20p on the price!!

[danny murphy] 09/2/2012 07:09

Good results today, should put 20p on the price!!

[liquidkid] 01/2/2012 16:07

All the noise on excesssive and hidden fees are directed at HL mainly because they are the elephant in the room. Competition from new entrants is the long term view say RBS who downgraded from 'hold' to 'sell'.

Charles Stanley has appointed product aggregator All My Plans (AMP) to assist in the launch of a direct-to-consumer (D2C) platform later this year.
The service, called Charles Stanley Direct, is set to launch in July and will target clients with "weak" ties to a financial adviser, as well as those who cannot afford one.
As spokesman said AMP will aggregate the group's fund dealing platforms and SIPP and ISA offerings into the service, which will also include insurance policies and bank accounts.
Whilst the service is expected to be "competitive" on costs, Charles Stanley said it was more interested in competing on client service than getting into a "price war" with rival organisations such as Hargreaves Lansdown or Bestinvest.

[jbm] 04/10/2011 12:50

Hi,

There is a new ADVFN Wiki page for this company. It is pretty basic and needs expanding on. Anyone can edit it.



Apologies if this has been posted before.

Cheers,

Jon

[edwardt] 01/9/2011 09:12

great results but still think the growth story is in the rear view mirror here. short covering will dominate near term share price movmement

[bubble pricker] 31/8/2011 18:23

I am short from 510, so not concerned.