Hargreaves Lansdown Share Discussion Threads

[lomax99] 20/6/2022 07:53

And to their credit they were the first with Active Savings, taking funds held from nothing to c. £3.9bn.Bank of America noted them as a buy recently, citing returns on cash deposits. They reckon, including Active Savings, HL hold c £10bn in cash, when you include cash held in pensions, etc.

[ochs] 20/6/2022 07:36

Yes, they are also trying to promote Active Savings more - about time too! - they should be pushing it really hard now at a time when interest rates will rise further over the rest of 2022. This is the opportunity they hoped for when Active Savings was first launched 5 years ago in very difficult market conditions (for cash savings).

[lomax99] 20/6/2022 06:58

It will be interesting to see how their income from cash deposits accelerates over time as the base rate moves up.

[action] 20/6/2022 06:32

Come back in August IMHOP.

[jubberjim] 20/6/2022 06:30

Further downside today I m afraid

Not much will be going on but will continue to watch not convinced as to time to invest
Have spent a little elsewhere but unconvinced that volumes will pick up anytime soon
Much easier on the nerves if not on the wallet to observe from sidelines with cash to invest at right time
Still anticipate further falls

Stay safe be lucky

[tim 3] 17/6/2022 19:12

Good points Specto.You see it all the time people see big falls in a share price and think because its fallen a lot it's cheap, now if it's a quality share that is getting pulled down with the rest of the market then they may be right but when a share is dropping much more than the overall market then caution is advised as there are often underlying issues with the company.

[ochs] 17/6/2022 16:39

DOW needs to close above important support at 29,781 tonight otherwise we could be in for another tricky week next week. Ideally it'll finish over 30k, but having another tough session. Also US has a holiday on Monday, so less liquidity in UK markets.

[spectoacc] 17/6/2022 12:01

People keep posting that HL's cheap, but is it really? Fwd p/e about 15 I reckon, tho not sure what their tax rate is. Market falls are going to be hitting AUM.

Certainly "cheap" compared to previous lofty rating.

[amateurinvester] 16/6/2022 19:09

I just think it’s market conditions affecting this but I’m no expert. Hopefully, it will pick up eventually…patience is a virtue! I will not sell at this low price

[jubberjim] 16/6/2022 12:37

If and when the Dow hits the 30000 target

Hang on to your wallets and everything else for the oncoming maelstrom

Be lucky we will need it

[spectoacc] 16/6/2022 11:33

% charge, and less money getting added to buy more - ie volumes, for both.

Meanwhile, they're "investing" £175m.

HL aren't going to go bust, but if this is the start of the bear market, profits and margins are going to contract, & the shares are a value trap..

[ochs] 16/6/2022 11:19

People forget that most of HL's revenue and profit isn't based on 'volumes' - they still make huge amounts of money from unit trust & OEIC funds that investors simply leave sitting in their accounts - it's the annual charge, which HL levy monthly - so clearly it will fluctuate with market falls & rises, however it is still pretty reliable.

BoE base rate rise today (0.25%) is good for HL and all the cash they hold - if it had been a 0.5% rise the shares might have had more of a boost.

[spectoacc] 16/6/2022 10:49

And you still wouldn't.

Wonder what the bear market is going to do to investment volumes.

[privileged] 16/6/2022 09:11

Relentless falling!!

[jubberjim] 14/6/2022 17:51

Will hang on now until Thursday the markets will follow the fed decision but prefer now to hang on until after the BOE publish their decision re rates on Thursday

If i miss the move up won t be too dismayed but i do not want to be caught on the way down with no wherewithal

Things are hotting up in more ways than one

Good luck

Was looking again at SMT but again will see how the far east reacts overnight before jumping in again if at all

Cash is my friend at the moment

Good luck all

[ochs] 14/6/2022 13:23

Personally I'm finding the markets very exciting and fascinating at the moment - the volatility provides the excitement. US PPI for May just came in at 10.8% (10.9% expected) so has given the market a small boost ahead of US open at 2:30.

[jubberjim] 14/6/2022 12:00

Waiting waiting waiting

Oh the pain I am feeling at this moment and the boredom

I have levels I am willing to buy at but for that to happen the markets need to move and they are moribund at the moment

I am getting together a care package hair conditioner and restorer and some knitting needles and wool to keep my head warm cos I m ripping my hair out at moment due to prolonged boredom

Hopefully some excitement later in week in aftermath of fed but not holding my breath

Going to cut the grass now purely medicinal


Good luck keep sane

[privileged] 14/6/2022 09:48

Ochs you've got to think the upside is >> downside at these levels. As you say is 777p or a bit lower possible.. Of course it is. But so is a takeout or recovery in the mid teens

[ochs] 14/6/2022 09:46

I've jumped in for a few more at 783p this morning.

Clearly the way things are with the markets they could still go lower.

828p (low from Oct 2014) may now act as a short term resistance.

[growthpotential] 13/6/2022 17:55

People must be muggs to sell assets this low. We get it, there's a recession but after that it'll be back...I have found that markets only ever look forward 6-9 months which is poor really ...

[spectoacc] 13/6/2022 14:07

They've lost their way a bit tho. Lack of investment in service, loss of reputation with endless Woodford ramping. Belated £175m investment plans that cost shareholders their special divi, and much of that to improve the wealth management service. Unconvinced that's where HL's advantages lie.

Higher interest rates should help them, & agree they're not going away, but feels like HL's best days (and best margins) are behind it.

Agree they're not expensive, but no end of bargains out there atm.