Hargreaves Lansdown Share Discussion Threads

[mintpenguin] 17/5/2007 10:44

short = Burnt pants!

[petwood] 17/5/2007 08:48

petralva.

Considering the offer was for only 118,579,725 shares, the others still being held by PH and SL, in a company holding £8.3 billion of clients assets, with a turnover of £73.5 million and profit of £24.3m to last June 30th, I wouldn't say it was overvalued.

[petralva] 17/5/2007 05:35

shares in issue 474,318,625 mkt cap approaching 1bn!
overvalued i'm on £10 a point with city index!
will close at £1.95..........

[t1lal] 16/5/2007 23:55

BF2

Shares mate, Shares.

AJMACE

Luckily I did apply for 20k, but I have to admitt that I was nervous as to the reaction for the IPO and the opening price looking at the figures.

I bet PH and SL were a 'little' peeved with the price the company floated at as judging by the demand for shares they could have floated it at around 1.80+.

[ianbrewster] 16/5/2007 19:46

Blueflex - if you asked for £5000 worth of shares, then you actually got 1400 shares @ 160p

[garycook] 16/5/2007 18:13

ajmace,Up from here i hope.

[blueflex2] 16/5/2007 17:50

wat does 1400 mean?

[ajmace] 16/5/2007 17:16

Yes that's right t1lal, wish I'd gone for 20k instead of 5k !

[t1lal] 16/5/2007 16:30

BF2 permitted to apply for shares from a min application of £5000 upto a max of £25000, in 5k intervals.

Scaled back so the following allocations were made:

5k - 1400
10k - 2800
15k - 4000
20k - 5000
25k - 6000.

[blueflex2] 16/5/2007 16:20

ajmace, Any minimum quantity of shares you have to buy at IPO?

[ollie6] 16/5/2007 15:51

GOOD SECOND DAY TRADING,NOW 2.1425GBP

[t1lal] 16/5/2007 14:42

Resistance at £2.14?

[ajmace] 16/5/2007 12:51

That's strange I too am losing on EZJ bought in at 631p. Where is this one going from here?

[garycook] 16/5/2007 10:27

ajmace,Totally agree,IPO so laughing and more than happy,but makes up for my losses on EZJ buy at 605.

[ccnp] 16/5/2007 10:02

wait 2 weeks and lets see what the price is. there is an air of euphoria to dispense with and a shake out of small investors. the fundamental truth is; who wants 25% of a company?

[ajmace] 16/5/2007 09:45

You may be right, Garycook, but all traders have to be clear about what they are happy to get out of any deal. For me the increase of 31% represented a very acceptable increase. Did you buy yesterday or did you get shares in the IPO?

[garycook] 15/5/2007 18:52

ajmace.Think you may live to regret it.

[ajmace] 15/5/2007 17:26

Seems a little like Aer Lingus where Ryanair suddenly announced a takeover bid within the first week of trading. Of course, it didn't work out as easy as Ryanair expected but the share price went to a very healthy premium for all those of us brave enough to get in when others claimed that the price was too high. Excatly the same today with Hargreaves-Lansdown - there was much speculation that 160p was too high a price. I sold today at 31% profit - better the bird in your hand......

[garycook] 15/5/2007 15:53

This is going to be a great little stock to hold long term.IMHO

[mintpenguin] 15/5/2007 15:34

Re take over....guess this cannot happen for a while. Steve Lansdown was on Bloomberg this morning saying that they cannot issue more shares until after the first years full results.....think he said Aug-Sept 08.

[dickbush] 15/5/2007 12:42

Gary

New issues are generally priced to leave something for the new shareholders. I'm sure H&L will have been aware of this.

Its a great business and I agree its a takeover candidate at some point. Meanwhile, it will be seen as a play on the market as a whole, with income tied to market levels and the volume of trading.

[technet] 15/5/2007 12:41

Had opp. for both me and the mrs to apply but was nervous so only applied for the minimum on my account and none on hers. Great start to trading. All the doomsters were wrong on this one!

[ollie6] 15/5/2007 11:05

GREAT START,SO MANY PEOPLE THOUGHT IT WAS OVERPRICED.I APPLIED FOR GBP20,000 AND I GOT AN ALLOTMENT OF 5,000 SHARES.I AM NOT STAGGING.THE CO IS SOMEWHAT LIKE MERCURY ASSET MANAGEMENT AND JUPITER BOTH OF WHICH WERE TAKEN OVER BY FORIEGN BANKS ABOUT 10 YEARS AGO,SO I AGREE WITH YOU GARYCOOK

[garycook] 15/5/2007 10:58

Poseidon.So you got 6000 and purchased some more to average out at about 1.80 is that correct?

[garycook] 15/5/2007 10:21

What does WI stand for after Hargreaves WI (HL.).Can see why it was scaled back for institutions,because quite a few are selling they are making a killing.I bet Peter Hargreaves and Stephen Lansdown are thinking that Citi and Numis had them over. 30% premium upside thats appox.£23M a piece.The Company was worth £2 all day long.Still not complaining at the moment sitting on £3000 paper profit.Just have a feeling that someone is going to take HL. out in the near future.