Hargreaves Lansdown Share Discussion Threads

[ochs] 31/3/2020 10:08

That is true, but HL do make most of their money from the 0.45% annual charge (levied on 28th of each month) and it is bound to have taken a hit in March. Most of this charge comes from portfolios held in unit trusts and OEICs.

However as a long term buy the shares are looking cheap at the moment. Woodford will soon be forgotten - who would want to transfer their account during a crisis? I'd sooner stay with the largest and financially strongest broker which has no debt and cash in the bank.

[amt] 31/3/2020 08:49

Must be a lot of stockbroker commissions going through

[cottlet] 28/3/2020 21:07

Apology notice when one sinns in..they are busy busy busy. Share price must react at some stage...all those dealing fees must surely make a good bottom line?

[mozy123] 23/3/2020 20:23

Long term bull - will be adding to this as and when cash allows. Wonderful company.

[simba_] 23/3/2020 18:21

Wow!. I'm starting to look into this. Anyone will a bull case?

[ochs] 23/3/2020 17:57

First thoughts are a poor tax year end is now likely and lower revenue/profit due to recent falls in interest rates.

[growthpotential] 23/3/2020 17:33

Why is this being torn a new one yet again?

[mac15] 20/3/2020 09:04

All the underperform, underweight, 1200p forecasts are doing wonders for the sp! Bring it on.

[growthpotential] 19/3/2020 12:57

Who needs casinos when there's markets like this? Trying to find some humour even though the fund is down 6 figures :/ :) Believe me though, life is good when we all get through this!

[ochs] 18/3/2020 17:05

Agree, but in current markets they might get it on the cheap :(

[growthpotential] 18/3/2020 16:55

Have to aim for more like 2300 at least

[ochs] 18/3/2020 16:18

I can't find anything online - only a broker LOWERING their price target... "JP Morgan Cazenove today reaffirms its underweight investment rating on Hargreaves Lansdown PLC and cut its price target to 1315p (from 1620p)."

My only other thought is their could be some takeover speculation in the market? Now that Peter has offloaded shares at £16 some big US companies may see current market weakness as a time to strike - £18 to £20 per share I'd guess (whereas in the good times they'd probably have needed to pay at least £30).

[ochs] 18/3/2020 15:55

Yes, great performance from HL in past few days - not sure why as their fees (and hence profits) are very much linked to market performance.

I believe monthly fees (basic 0.45%) are calculated based on a clients valuations on the 28th of the month. Hence 28th Feb wouldn't have been too bad - HL shareholders therefore need a big recovery in world markets by 28th March so that earnings don't fall heavily this month...

[mac15] 18/3/2020 15:52

Not used to these good days for HL which used to manage to drop 100p on an up day.
Is there some good news for Hl like Neil Woodford winning fund manager of year?

[growthpotential] 18/3/2020 14:29

I have been torn the biggest new one out there. Despite being almost solely in single names, I've matched the performance of the world equity index, was worried I'd done far worse! HL a bit of light on another awful day

[intelinvestor] 13/3/2020 00:37

AJB - i quote 'the negative impact on revenue and profit before tax of the reduction in base rate will be partly mitigated by the maturity profile and type of existing fixed term deposits and notice accounts utilised'

[ochs] 12/3/2020 20:27

I averaged down for a small amount at 1195p today, very good value for medium term at these levels.

What did people make of AJ Bell's statement last night, especially the talk of the lower base rate hurting revenue/profits?

[growthpotential] 12/3/2020 13:18

Seriously though, why would people sell every stock at these levels they must be mad

[porsche1945] 12/3/2020 10:04

Suns out here in Spain, weather warming up across europe, this will soon be over, whole thing completely over hyped, insane, problem with social media “ juicing “ it. 17k die of normal flu each year in uk, this has killed 4k in three months across the world, get real.

[1 nhs] 12/3/2020 09:46

Yes it has, unfortunately 99.9999% of the worlds population can’t yet see it yet.

Eventually they will.

Mankind is facing a pandemic of unimaginable magnitude and suffering, combined with a world drowning in debt, that has zero chance of being repaid.

It is absolutely vital that you put family first , particular children

We are not far off, forced sellers of ALL ASSETS, (bar Gold , for immediate delivery)

Paper gold, might as well be flushed down the toilet.

I have no predictions on the outcome of this terrible virus.

I do have some predictions on the likely financial outcomes

1/ Most shares are not far off worthless as profits will be extinguished for years, even then, investors might pay a pe of 3 for the the best growth stocks.

2/ Most bonds ( company and government ) worthless as everyone defaults.

3/ House Tiny values after banks go bust and stop lending. No one has a job.

4/ Land for food production has some value but needs to be protected.

Trust in business goes down the pan in a straight line, world trade dries up as everyone wants to be paid up front.

The only medium of exchange for goods and services that CAN BE TRUSTED BY ALL is, GOLD.

No one wants printed sheets of toilet paper. ( money

It’s about to turn on a sixpence.

Governments will furnish the world with yet more, free cash, but they can’t control the mindset of the people, or the virus.

From now on, it’s about staying alive and doing your bit for others

[growthpotential] 11/3/2020 23:03

I'm pretty sure we've been through this all before back in 2009 with swine flu...

[porsche1945] 11/3/2020 17:11

Have picked up a few, now at the exact price I said on here they would get to, I thought it would be the Woodford fiasco but its that the virus and that other idiot brexit virus Peter Hargreaves unloading, if he continues with that alot more shares to hit the market and dilution. Hopefully he can stay out of the press for a while now.