Hargreaves Lansdown Share Discussion Threads

[radioactive_man] 30/1/2019 22:43

Being a HL user I am familiar with this issue and have ignored it up till now as I don't use it for research purposes. The information is simply not updated enough or in depth enough to be useful. If they improved this service or simply bought stockopedia and used their research tools then HL could be a world beater.Unfortunately I am questioning my holding as I'm looking at other companies in which I have higher conviction. Hopefully AJ Bell will make HL be a bit more proactive in improving its service.

[ochs] 30/1/2019 18:12

Going back to the HL website RNS issue; first thing this morning I provided HL with similar details to my earlier post, and by 1pm this afternoon every stock was back to showing RNS correctly, whether I'm logged in or not. However I've just checked again and it's now not working... so rather unreliable and intermittent it seems! Not what a serious share trader needs. Salty - do you have an account with AJB and HL? - ie. does that allow you to compare directly? Thanks

[saltaire111] 30/1/2019 17:24

Come over to AJ Bell. You’ll all be welcomed with open arms... Better customer service, more competitive pricing and people who actually care about their customers. Salty

[porsche1945] 30/1/2019 09:46

i wonder how much credibility HL has lost plugging Woodford endlessly for fees while ignoring much better stuff they cant earn out of. Cxxp customer service and back office drones at HL, staff total morons, starting to look like they are getting “ found out “. Much better brokers out there.

[balancedbob] 30/1/2019 09:38

I use watchlists to follow my portfolios (It means I do not need to log in every time I want to see where I am and I can add stocks I own on other platforms to see all together) Whether I am logged in or out I can never see this years RNS's via the watchlist overview or when drilling down on the detail. However if I am logged in and access my HL stocks via my account and go in via the blue graph icon then I can see them...

[ochs] 29/1/2019 17:45

Hello again. I think I may have pinpointed the issue now. If I log into my account and view a stock I own (eg HL plc) I can view their recent RNS under "Company Announcements" (including today's half yearly statement), so long as I access the factsheet page by clicking on the blue graph to the right of the stock when listed in my account. However if I try and view a stock I don't own (whilst still logged in) I am unable to view any RNS since 3 December (I used Next plc as an example as I know there was a trading statement in early January). If I then log out I am back to where I was before and the most recent HL RNS displayed is back to 15 November, plus I can't view any recent RNS for other stocks. Be great if a couple of you could experiment with this too. Thanks in advance.

[saltaire111] 29/1/2019 16:44

Ouch. Salty

[ochs] 29/1/2019 14:54

Good work, I got a very similar fairly standard response... I think it's a pretty serious thing for a broker with 31.9% of the execution only market to not be reliably displaying RNS's. I'm not sure how seriously they are taking it at present... I know they get their data from a 3rd party, so it may be down to them, but either way it should be sorted out as a priority.

[balancedbob] 29/1/2019 13:54

Dear xxxxxxx Thank you for your email. I'm sorry to hear the information you're viewing on the 'Company news' and 'Company announcements' tabs of our website is out of date. We're aware of an issue whereby even though the information is up-to-date on the website, some of our clients aren't able to view the latest entries. This has been raised with our IT team to investigate. Whilst I can't provide an exact timeframe, we are now working to resolve this as soon as possible. Please accept our apologies for any inconvenience this matter has caused and thank you for your patience while we work to resolve this issue.

[balancedbob] 29/1/2019 11:02

I agree Ochs. I can not see any news or announcements for any company on HL for this year. How ironic we can not see on HL share service, what is causing the HL 5% drop today.

[ochs] 29/1/2019 10:26

Yep, noticed that, thanks. Would you mind checking if you can access the results statement on the HL site via the "Company Announcements" tab when viewing the HL share price? I can't (on Chrome or Explorer) but I gather some people can, so I'm not sure what the problem is.

[lomax99] 29/1/2019 09:51

The Interim results, analyst presentation and data pack were here: Https://www.hl.co.uk/investor-relations before market open this morning.

[ochs] 29/1/2019 09:23

So as per my comment above in order to read the HL half year results statement you must use ADVFN rather than their own website ;)

[ochs] 28/1/2019 21:08

Anyone else noticed that no RNS's are showing on the HL website for any stocks since early December as far as I can tell. Seems a little carless to say the least!

[lomax99] 16/1/2019 09:07

Another decent portfolio transfer for HL, it’s 7th such transfer. Up to £420m being transferred from Witan: Https://portfolio-adviser.com/hargreaves-could-land-420m-from-witan-trust/

[saltaire111] 11/12/2018 11:48

EH9 - I’m hanging onto AJ Bell, in fact considering buying more. I think they are a threat to HL given their excellent service levels, keen pricing and reliability. Their marketing’s better too. HL’s marketing is lousy these days. They used to be great but not any more. Salty

[lomax99] 07/12/2018 13:23

HL. are the class act in the sector. I can't see them losing any sleep over having AJB as a competitor, in any event HL.'s long term growth will come from targeting the right segments of the general wealth/savings market, not what is already on D2C platforms.

[eh9] 07/12/2018 13:17

It looks like every customer was capped at £50k. Question is whether to sell

[saltaire111] 07/12/2018 10:46

Well nobody likes a smarty-pants but the 33% increase in the AJ Bell share price this morning is bang in line with my prediction from last week! As expected my application was scaled back and I ended up getting just £50k worth of shares - I applied for £250k. I’m hanging onto the shares and will watch with interest as AJ Bell starts to gobble up market share from HL. Salty

[saltaire111] 05/12/2018 11:25

I’m going for it with the AJ Bell float. The numbers look good to me and the discount against HL is compelling. I think AJ Bell’s prospects are better than HL in the longer term, I think their platform is better and HL’s marketing is poor in my view in comparison. I received HL’s latest pensions marketing message the other day and the covering letter sent to me was blank - Dear Mr ..... and that was it!! I’m suspect my application will be scaled back but let’s see... Salty.

[tyranosaurus] 30/11/2018 10:21

I went on HL website and viewed my recently viewed shares. I had not logged in !! This is rather disconcerting. The new issues news on HL is poop as last entries are June and July. They could really do a lot better.

[saltaire111] 28/11/2018 20:42

I got the 12.3 by dividing the current HL share price with the mean forecast float price for AJBell. Because I’ve looked at the total number of shares in issue for both companies and the respective earnings per share, I think this works ok as a like for like indicator. And it suggests that AJ Bell is undervalued at £1.60 a share.

[mozy123] 28/11/2018 12:52

Not sure on your 12.3 figure, you seem to be comparing the price of two shares and not looking at the market value of the company. In a market statement released this morning, AJ Bell said the price range for its IPO on 12 December will be between 154p and 166p per share. Based on 2019 analyst forecasts, that will place the shares on a price-earnings (PE) ratio of between 22 times and 24 times. FTSE 100-listed Hargreaves Lansdown (HRGV) trades on a PE ratio of 33 times.

[saltaire111] 27/11/2018 20:56

Dear HL shareholders, I’m trying to evaluate the investment case presented by the AJ Bell float. Looking at the prospectus that’s just been published, AJ Bell made profit before tax of £28,359k. HL made £292,600k. HL’s EPS is £0.496. AJ Bell will have 406,516,420 shares in issue post float. That means the AJ Bell EPS will be about £0.0698 per share. The range for AJ Bell shares is an average of £1.60 per share so AJ Bell’s indicative pricing per share is a factor of 12.3 against HL. So you get 12.3 AJB for each HL equivalent. This puts AJ Bell EPS on a like for like basis at £0.846 per share - much better value than HL. Am I missing something obvious? Thanks for your help. Salty