Share Name Share Symbol Market Type Share ISIN Share Description
Hargreaves Lansdown Plc LSE:HL. London Ordinary Share GB00B1VZ0M25 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  35.00 1.9% 1,875.50 1,874.50 1,876.00 1,879.00 1,830.50 1,858.50 233,641 14:23:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 480.5 305.8 52.1 36.0 8,896

Hargreaves Lansdown Share Discussion Threads

Showing 1051 to 1069 of 1300 messages
Chat Pages: 52  51  50  49  48  47  46  45  44  43  42  41  Older
DateSubjectAuthorDiscuss
08/6/2019
20:04
The problem for HL. is simple: they were given preferential pricing by Woodford and it seems the quid pro quo was that they ramped his funds. The general test for professional negligence is whether others professionals shared your opinion. For the last 12 months the answer is no. So right away there is a big potential claim. Given the size of the funds the FSA must surely look at how platforms provide advertorial comment. I think the practice of fund managers giving HL discounts which allow them to charge extortionate fees for vanilla custody must end.
mad foetus
08/6/2019
19:51
In contrast to HL ..... Https://www.youinvest.co.uk/articles/investmentarticles/174631/woodford-fund-suspension-what-you-need-know?utm_source=Weekly+news+070619&;utm_medium=email&utm_campaign=Weekly+news+070619&utm_term=Woodford+fund+suspension%3a+what+you+need+to+know&;utm_content=86624&gator_td=vMEwkbEJpS4EALPkumYE8FUScjsiFvRx%2fcHvr7rbL9BZrGrqFDPa18MoGpmC6%2bp%2fjisKw%2fYfu8MdLuSSe3AZeY%2bULRd35P76v8Ipk4pOkIEu6lunQfBHCH%2b%2bjUjbBQDlnZIZ8gp8ok4xS4ysljD0YZ2pT%2bsHasWYsBKIvemlHSNGzqPnaKztSfoF5NUyRGif I’ve heard other platforms have some big exposure to Woodford’s funds, do AJ Bell Youinvest? As part of our mission to help people invest, we provide our customers with investment ideas, which include our Favourite funds list, Ready-made portfolios and range of AJ Bell funds. None of these include the Woodford Equity Income Fund, or any other Woodford-managed funds: Favourite funds list The Woodford Equity Income Fund was removed from our Favourite funds list in September 2018. It was our opinion that the manager had strayed from the process that had brought previous success, and better funds were available to invest in. At the time, we contacted any holders of the fund to inform them of this change in our selection. Ready-made portfolios Our Ready-made portfolios are made up only from holdings chosen for our Favourite funds list. As we launched the Ready-made portfolios in December 2018, the Woodford Equity Income Fund or any other Woodford-managed fund have not been included. AJ Bell funds Our AJ Bell funds are managed by our team of experts using passive-based funds known as Exchange Traded Funds (ETFs). As ETFs trade on stock exchanges and work in a similar way to investment trusts, they’re not required to return money to investors when redemptions are made. This removes the risk of experiencing a ‘Woodford-type’ situation within our funds.
effortless cool
08/6/2019
13:46
HL was on a 'racier' rating before Mr Lansdown offloaded c. £170m at c £22.80.From there HL has lost c. £1.6bn, 15% of it's market cap down to the current share price of £19.36.HL's clients money in all Woodford funds at the end of March was c £2.2bn, just 2.2% of the c £99bn HL holds on behalf of all clients on it's platform. HL is waving it's fee whilst that particular Woodford fund is suspended, foregoing a fee of c £16m PA (pro-rata).IMO the fall is overdone, the dip has provided an opportunity to top-up, I added at c. £19.00, and will add further if it drops much lower.
lomax99
08/6/2019
11:02
Indeed, that last para was strange based on the rest of the article! I suspect the story is true though and has been leaked so as to provide a fall guy. HL may RNS it on Monday morning, although as he's not a PLC director they may not need to. I did think when he sold all those shares recently that he was likely to be planning a retirement soonish. Additionally succession planning has been going on for a few months - this lady was appointed from Morning Star as "Head of Investment Analysis" in April 2019 hTTps://uk.linkedin.com/in/emma-wall-126466b
ochs
08/6/2019
09:43
I am not aware that HL have made a formal announcement? It looks like headline grabbing by the FT. Right at the end of their piece they even state that he says he has no immediate plans to retire.
lomax99
08/6/2019
09:21
Dampier sold a lot of shares a few weeks ago, so retirement was always likely fairly soon, seeing as he's 62 (and already very well off!) Having said that they've probably brought the announcement forward due to the Woodford thing and allowed him to take the fall rather than Gardhouse (who probably should have done). HL's year end is 30 June, so I'm sure Mr D will still want to pick up his healthy bonus before moving on! hTTps://www.google.com/search?q=dampier+to+retire%3F&rlz=1C1CHBD_en-GBGB736GB736&oq=dampier+to+retire%3F&aqs=chrome..69i57.14087j0j4&sourceid=chrome&ie=UTF-8
ochs
07/6/2019
22:24
Any thoughts on Dampier?
growthpotential
07/6/2019
14:53
soulsauce The Share Centre in my personally experience takes some beating and cheaper, lol.
montyhedge
07/6/2019
12:28
Agreed gettingrich.
soulsauce
07/6/2019
12:05
soulsauce, yes and the other thing they are really good at is targeting people to switch to them with various incentives to do so. They are pretty relentless at this and have some very persuasive and slick messaging which hasn't changed at all in the last 7 years or so because it works!
gettingrichslow
07/6/2019
09:03
gettingrichslow - IG are very good in terms of support as they are brokers, their universe is broader and their costs lower, especially foreign exchange. They need to transition their HTML5 cfd platform to their brokerage products and provide a corporate action engine and they would be better than HL, given that they also provide DMA. I think they could then go aggressively after HL on an ETF vs managed fund basis. The main existential threat to HL is that open ended managed funds are the worst way to invest. Expecting this bounce to continue or at least sustain, simply normal market behaviour. Price needs to get back to the trend line.
hpcg
07/6/2019
09:02
Can't understand why HL took so long to remove Woodford from their Wealth recommendations. This will badly affect their reputation and will take years to recover. Never took any notice anyway as I always had the feeling that there was something in it for them to make these Wealth recommendations.
norland1
07/6/2019
09:00
Nice little bounce this morning. For those not familiar with how HL makes the bulk of their money... it's down to a monthly fee (based on a base yearly rate of 0.45%) and so if markets rise generally HL profits will rise (as head count won't increase). Therefore despite Woodford issue this week with world markets rising (espec US) that is positive for the bottom line in the short term. HL are trying to be less reliant on markets by pushing their newly launched Cash service (called Active Savings) - basically it's like a fund supermarket but for cash accounts with easy online switching between partner banks - if it takes off it could potentially be very big and attract money from savers who don't want to take the risk of stock market investment. I'm not aware of any other service which allows easy switching between banks offering different interest rates?
ochs
07/6/2019
08:35
Having used pretty much all of the key players over the years, my view is that HL are comfortably the best platform out there. Yes, they are more expensive than most but I've lost count how many times people I know have switched away and then switched straight back when they've had problems elsewhere. I see no compelling reason why HL won't continue to dominate in the long run and continue to hoover up disgruntled customers from elsewhere where systems are down, nobody answers the phone, rights issues are garbled etc etc. IG don't even provide divi reinvestment!
gettingrichslow
06/6/2019
22:09
Not a very intellectual poster that can't understand that something that has already gone lower can go lower still.
expletive deleted
06/6/2019
22:07
Which fantastic margins? The ones in danger of being competed lower?
chucko1
06/6/2019
21:39
Not a very intellectual forum when someone predicts it's going lower, when it has already gone lower. Anything sub 20 is a fantastic buy. People will forget Woodford in a few months and then we can focus on those fantastic margins
growthpotential
06/6/2019
19:55
Thanks Effortless. Must say I agree with you wholeheartedly. £10bn - crazy! Don’t short stocks myself but good luck with yours!
archy147
06/6/2019
14:36
Archy147, In my view it was ludicrously over-valued - £10bn! - and has now come unstuck due to its support for Neil Woodford. I still see a lot of downside potential and, unlike several on here apparently, have no intention of closing my short.
effortless cool
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