Hargreaves Lansdown Share Discussion Threads

[ochs] 08/7/2022 17:07

Did you buy near the support at 760p @jubberjim?

It's hard to know if you've made the right decision to sell... there's been so many false dawns with this stock in recent months - every time I think it's going up, it drops down again and often makes new lows.

Then again overall trading may be better than many are expecting and prospects for better returns on cash going forward could be bullish when they report on 5 Aug.

As you say that 828p resistance will be important - we need to close above there to see some real progress.

[jubberjim] 08/7/2022 15:06

Just sold out was hoping to see if 828 resistance would be tested but would have sold there anyway

Finding markets very patchy and to be honest not attaching any great credibility to the prices shown on screen on HL website
Happy with a six % return after costs

Good luck holders like Arnie says I will be back other fish to fry meantime

Dividend season is coming

[giltedge1] 08/7/2022 14:42

Another up day on a difficult day, with broker downgrade as well!. ROC 40%, can't think of any other company with such high returns, so cash reinvested will add to bottom line. Upside is great here. Downside limited.

[ochs] 06/7/2022 15:06

Nice rise for HL today - it's bounced from 759/60p a few times now - not sure why that should be a support level - at least I can't see anything on the charts, but it seems to work! Be good if we can hold over £8 tonight.

There's been no trading update since the end of June, so that is a good sign as it means they will have met expectations for the full year ended 30 June. Looking forward to results on 5 August and hopefully more news on better returns on cash going forward.

[giltedge1] 06/7/2022 14:13

Get buying Jim you are not going to get rich sitting on the fence. A few months ago were £ 12.

[porsche1945] 05/7/2022 07:34

Pretty much what one would expect at the moment, all asset managers suffering. Need the cycle to change, will take till end of year for the fed to stop tightening. Interesting to see commodities especially copper weakening, market pricing in major slowdown even with China heavy buying. All the brokers were plugging commodities and they have been hammered, even gold.

[jubberjim] 01/7/2022 23:06

Support FOMO seems to be to me 760 level

Unfortunately I remain unconvinced so will not try and call a bottom

Chartists ? Undoubtfully will have a law of probability view ? But I still see very limited trading as moment exaggerated movements on very illiquid dealings

Investors like me are extremely nervous
Will try and stay off unless I have something positive to say but is very difficult as I see no positivity in the market at moment only fear
There will be bargains out there but very few and far between

Be lucky all and as always be careful

[ochs] 27/6/2022 16:09

Weak finish, was nowhere near holding 828p, shame.

[ochs] 27/6/2022 11:31

Another good day - just what the Dr ordered! (first time I remember 2 up days in a row for ages!)
828p looks to be the near term resistance, if we can finish the day above there then things will look more positive on the charts. Fingers crossed for a strong open on Wall Street at 2:30.

[jubberjim] 24/6/2022 10:47

I ll do my best

To be fair I ve always been very negative on this stock

But you pay your monies you make your choice

Nothing yet to make me change my stance

Good luck

[lomax99] 24/6/2022 10:05

Keep talking it down jubberer, filtered.

[ochs] 24/6/2022 07:51

I can't see why the market would be concerned about election results? Also the 2 results were widely expected, so shouldn't be a surprise.

The main reason that the FTSE has fallen a lot recently is recession fears and the big falls in commodity prices of things like Oil and Copper.

[jubberjim] 24/6/2022 07:01

Expect further sell off this am

The markets will be concerned by election results from overnight

Even less reason to buy shares at this time expect slow drift down with pauses on the way as investors try to bottom fish.Myself I can see this drifting down to 650 where I will have an interest but until then staying well clear.I hope I m wrong ?

Adm bucking against the trend at moment hope it lasts only bright spot in my shareholdings

Good luck everyone

[jubberjim] 22/6/2022 16:35

I had and have been investing since 1989

I signed up with Hargreaves Lansdown back in late 2017
The service was exampalary the information provided was first class

Since then it has been a slow decline as information that was readily available declined was taken off and despite repeated promises that it would be replaced in the near future is still in abeyance

I believe this is behind the general dissatisfaction on my part and doubtless countless others that is behind the fall off in regular trading

Unless swift action is taken I feel the share will continue to wallow and labour in the near future.
Promises broken and at the moment so is HL. It will take time to fix

Radical shake up of management required the front facing operatives I cannot fault

My opinion

[spectoacc] 22/6/2022 15:46

Isn't the last 3 years you should worry about - it's the next 3 :)

[giltedge1] 22/6/2022 13:51

Looking to add to average down, but graph shocking a straight line fall from £ 22 to £ 7.60 over three years no pauses on the way. But over this time frame company if anything more profitable, Client Assets up significantly & customer accounts up significantly, cash on balance sheet, high ROC etc, so either a case of market mis-pricing, or some other forces at work. Hopefully the brave will be rewarded.

[jubberjim] 22/6/2022 00:00

Thank you

Much appreciated

[ochs] 21/6/2022 21:17

5 Aug will be full year results to 30 June. I'm expecting ok numbers and a small dividend increase. Hopefully news about improvement on cash margins and progress with AUM in Active Savings (the HL cash platform).

[jubberjim] 21/6/2022 15:05

Still at a loss nothing is making any sense to me

Did not understand the move up yesterday nor the move up this morning

nonplussed by the dow move up so far

the french elections suggested a sell off not an upward move

Am pleased i have follwed my convictions and stayed on the sidelines

This one will continue to suffer as volume is non existent and very few investors are willing to buy

In my humble opinion investors are looking for the market to make a move up so that they can sell but they are not willing to buy in at any level

Does not auger well for future

When will Hargreaves update the market please I am not expecting good numbers personally

[sunshine today] 21/6/2022 13:51

Rubbish management as seen by the share price chart.

[ochs] 21/6/2022 13:35

Remember bear markets are usually much shorter than bull markets. Although they can be a lot more extreme in their speed, and hence big rapid falls.

People keeping worrying about AUM, but remember the DOW and the S&P 500 are still above their pre-pandemic Feb 2020 peaks even after the recent falls. In Feb 2020 HL's share price was more like £16 - so compute that @sunshine Today?

[porsche1945] 21/6/2022 09:23

Seems just wedged stuck around the 8 quid mark, I cant see anything happening till next year now, until this rate hiking cycle is over. Guessing Peter Hargreaves wishing he had not been such a vocal advocate for brexit, still sucking the life out the country, the market and its currency some years later and also resulted in wheezing useless fat boris being pm ( how does he not resign, bizarre ).

[giltedge1] 20/6/2022 11:40

Bought some back in May & offloaded half at a profit, but unfortunately other half has dropped. Intention to "park" some of my saving in volatile market, as debt free No. 1 Broker & fantastic ROC. Turned out to be the most expensive car park in history.
Anyway fundamentals are fine, so will hold on as Buffet said "forever" so will show a profit eventually & looking for a good upgrade after next announcement.

[ochs] 20/6/2022 08:07

Yes, it's a great start, but for a company with £100bn+ in investment assets, 3.9bn in 5 years isn't all that big. Now that the service has had a successful soft launch, and with interest rates rising they need to allocate a much bigger percentage of their marketing budget towards it - they need to attract new clients who only hold cash (and never invest) with the ease of use, ability to switch and access accounts with lots of different banks and the best rates.

Good news about Bank of America, I think they're right.