Hargreaves Lansdown Share Discussion Threads

[arai] 16/5/2020 08:07

Shorts increasing here revenues must be expected to reduce if an actual recession of any magnitude takes hold : hxxps://shorttracker.co.uk/company/GB00B1VZ0M25/

[growthpotential] 14/5/2020 13:08

Share price movement, how original

[imastu pidgitaswell] 14/5/2020 08:23

Was always going to be a relatively good statement - as per comments earlier, this is about as CV19-proof as it gets, with barriers to entry and the safety of being one of the largest players. "These impacts were more than offset by significantly higher stock broking revenues driven by record dealing activity. March and April both saw a series of new daily records and monthly dealing levels more than double the highs ever experienced before this period" Contributed a fair bit of that myself... Premium valuation but for good reason.

[mac15] 14/5/2020 08:19

Market like the statement. Dividend policy unchanged.

[lomax99] 14/5/2020 07:24

Given recent market turmoil, HL. have delivered a strong performance.

[mac15] 10/5/2020 15:47

Hl give a first 4 months trading update on Thursday so some indication to performance. I would like to see either a put up or shut up action by the lawyers as the drip feed bad publicity isn’t helping. It would look bad if an action was placed just after the founders sold large chunks so unlikely. More of Fridays’s performance would help!

[ochs] 10/5/2020 13:27

My guess is that IF anything is filed HL will do their best to settle out of court without accepting liability... and probably would be successful in doing so.

[lomax99] 10/5/2020 13:02

Yawn! Conclude what exactly? Worth considering when someone actually files something, which they have, supposedly, been on the verge of for the last 6 months.......

[mac15] 10/5/2020 07:16

They need to conclude this to make progress. httPS://www.thisismoney.co.uk/money/investing/article-8303391/Legal-fight-looms-Hargreaves-Lansdowns-role-Woodford-fund.html

[ochs] 05/5/2020 14:04

Apols if you already know this but HL are good at saying in advance when they'll announce things hTTps://www.hl.co.uk/investor-relations/financial-calendar So it looks like the end of tax year trading statement will be Thursday 14th May this year.

[imastu pidgitaswell] 30/4/2020 16:45

I said the business model is good due to: - the millions of people who will have to fund their own retirement from defined contribution schemes, now that defined benefit schemes in the private sector have gone - there will still be pension relief, even if the level is reduced; - the millions who want ISAs - the millions who want to simply invest in shares and/or funds. And they will want to do it online, with the safety of using the biggest and safest. It's as close as it gets to a business model that will not be impacted by pandemics, with large barriers to entry. It's competitive, for sure, but it helps to be the biggest player. The valuation, I tend to agree - it's not cheap, and that's why it is not (currently) for me. But it is valued on a forward earnings basis, and while possibly not growing this year, will grow in future. Because of the business model, I am more than happy to buy more if I buy too early. But no rush as far as I can see just yet. (I do my own investing, nothing in funds, so they only make £200 a year out of me - no percentage commissions!)

[privileged] 30/4/2020 16:35

Imastu. Why do you think business good? The valuation looked very toppy to me and still does. The next austerity phase is sure to cut pension relief I reckon plus when the markets fall back again their performance fees will be much lower as AUM will decline. Plus the holders sizeable sales plus newer challenger entrants to market. I say sell. Imo

[its the oxman] 30/4/2020 14:41

Today 1480p is more a buying likely precisely the time to buy with shares down 10% on a non trading issue. Tempting. Potential to recover very strongly now from this level if next update is ok. Though Aj bell is currently setting the pace.

[lomax99] 30/4/2020 13:32

There speaks a shorter....... (no vested interest there!)

[porsche1945] 30/4/2020 13:03

The overhang of the owners huge holdings now constantly being dumped into market is a real problem, pity those two webbed toes idiots hadn’t sold out a long time ago. Probably makes these uninvestable till they are out. I’ve taken my profits, will let them drift lower and more shares get dumped before I go back in. 30 pc profit in a month not too shabby tho, equates to 14k😁

[mac15] 30/4/2020 11:15

One of the founders cashing in. Https://www.sharecast.com/news/news-and-announcements/hargreaves-lansdown-slides-after-share-placing--7456092.html

[imastu pidgitaswell] 30/4/2020 10:20

Not a holder (am a customer) - had on watchlist for a while as it faced the Woodford fallout before CV19. Good example of a business that would do well in this altered environment, so was a case of waiting for the bottom. I missed it (busy elsewhere), and at 1600-odd not so keen (or less keen than 1200). But I can always change my mind. As you have bought, I would say just hold on - maybe add if it fall back, as the business model is resilient to almost all of the CV19 issues. But wdik? :-)

[beercapafn] 30/4/2020 10:01

Thanks. IMastu.

[imastu pidgitaswell] 30/4/2020 09:56

See the volume - big investor trade sale at a discount I guess.