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Started: cutandpolished61, 29 Jan 2024 10:38
Last post: schwee, 25 Apr 2024 08:36
Coz it!s a basket caseand private shareholders have exited stage right. 1st quarter AUM disclosure today was pretty atrocious.
...why all the contributions have stopped here?
Uninspiring numbers. The traditional fund manager business has been losing to trackers and more nimble firms for a while, and they are trying to tag on more niche areas such as ESG- driven business which isn't performing either. All in all I can't see the downward slope of the share price arresting any time soon.
Typical financial services company: flat revenues, costs up. Will not keep staff costs down, because they are all part of the bloodsucking City gravy train.
Started: Money_Hoarder_95, 9 Sep 2022 10:41
Last post: kn0wles, 20 Sep 2022 10:12
Share split.
Share consolidation
Omg ,what's happening here... minus 82 percent
Goldman Sachs cuts Schroders price target to 2,620 (2,680) pence - 'sell'
----------
Goldman Sachs cuts Abrdn price target to 180 (190) pence - 'neutral'
How can they put a neutral call on Abrdn, an asset manager that's struggling with huge outflows and put a sell call on Schroders, a well run asset manager that's grew AUM from H1'21 £734.1bn to H1'22 £773.4bn (I think part of the growth in AUM was Schroders' 75% stake acquisition of Greencoat Capital.)
I understand in this current market environment, why Schroders isn't a buy as inevitably AUM will be down when they report results next year but why do Goldman Sachs favour Abrdn over Schroders?
Started: dadean, 21 Jul 2022 18:33
Last post: dadean, 8 Sep 2022 13:55
It was announced day after I wrote post, comes into effect 19th September,
Looks like we have to wait and see. Gosh it's a real quiet board for such a large Co
I'd like to know too. Am a recent buyer and bought a multiple of 17 so as not to miss out on the maximum amount of additional shares! I hadn't considered whether the record date could be set retrospectively. Doesn't really make sense to me in terms of SP management, but what do I know.
Hi, not been on the board for a while, -- like others -- a quiet board.
I have been a holder of sdrc, thinking to buy a few sdr, in my sipp. does anyone know when the record date will be for sdr holders, who will be issued with additional sdr shares -- to compensate for dilution of their rights?
might add here however if the record date going to be in the past, buying now would not get the new shares
thanks
Last post: dadean, 26 Apr 2022 13:51
Thank you Krustysmegma, I did follow through on it so quite happy, def a top trade in my life! However bit disappointed as yesterday did further research and came to the conclusion sdrc was best investment I could make and was preparing to sell others to buy more. Sadly that opportunity missed but still my investment was big enough to make a difference, quite happy and very highly rate the company.... May still buy more
Wow, great call dadean! Hope you backed it up by buying SDRC. Up 30% this morning following news of enfranchisement.
Why has the company tanked as much as it has? i viewed this as a buy and hold, for teh long term,
personally topped up here as my limited knowledge of this company suggests value here....
Also see the widened gap between the voting and the non voting shares? never really been as wide in recent times, teh sdrc especially could be a worthy buy, the gap between the two could well narrow
Started: Money_Hoarder_95, 29 Mar 2022 16:21
Last post: Money_Hoarder_95, 29 Mar 2022 16:21
Ex-dividend 24th March price: £32.53 (£0.85 dividends per share)
Price now: £32.92
Started: schwee, 21 Dec 2021 07:33
Last post: schwee, 21 Dec 2021 07:33
The SDR share price has gone nowhere in years. So let's try an overpriced acquisition instead of tackling the nuts and bolts of the existing sprawl.
Wonder what the culture at SDR is that needs to be protected that major value creating deals can be discarded?
shame Schroders on board with JLG buyout but opposing First Group sell off. JLG buyout by KKR& friend breaks up JLG and obv. offsets KKR buyout cost.
Yet another year of exceptional items which are no more exceptional than you or me getting out of bed every morning. Share is going nowhere until there is a real grip on operating costs.
I don't see this doing anything soon, so I've sold.
GL to anyone holding.
Started: anon3, 2 Jun 2020 21:49
Last post: anon3, 2 Jun 2020 21:49
I hope that's for a good reason.
Started: Scottiemalottie, 19 Apr 2020 12:59
Last post: anon3, 7 May 2020 18:46
Received the divi today. That was welcome :-)
Has the share gone ex div or would I still get next dividend? Thank you
Started: anon3, 6 Mar 2020 21:32
Last post: anon3, 5 Apr 2020 17:44
I'm glad I didn't add.
Are we anywhere near the bottom yet?
Somehow I seriously doubt it.
at 3375 or so.
And now it's 2657.
PE just over 14.5 and a 4%+ divi
I should probably add really.
11 Nov was the pullback to 3147.
Now it's heading upward clearing 3227 pivot high made in April this year. IMHO it's bullish.
Broken neckline from a 6 month head and shoulders pattern = Bullish
https://uk.tradingview.com/chart/SDR/h1VMA7cJ-Schroders-breaks-neckline-Bullish/
Started: JR710, 5 May 2016 12:36
Last post: JR710, 5 May 2016 12:36
Apologies for board hopping but- The petition is going quite well; ~4400 signatures so far. Although it really needs a turbo boost. https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA don't even reply on the matter, now is your chance to have your say. If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. We are currently getting approx. 100 new signatures a week, but need 3x that amount to reach the target with only 15 weeks to go. At 5000 I will send this to the PM & the chancellor as well as my MP again. So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. If each person who has signed can get just one other person to sign then we will double the total immediately. I have posted to all aim listed gas n oilies, currently doing the footsy 100. But I can only do so much to push this. Really need you guys & gals to help. Thanks to all who have signed so far. We really need a social / media savvy individual to help generate more interest in this.
Started: shrewdrelation, 4 Mar 2016 19:48
Last post: shrewdrelation, 4 Mar 2016 19:48
As a novice I don't know what the rns means. Why did the share price drop. Anyone?
Started: taudelta, 6 Nov 2014 09:00
Last post: taudelta, 6 Nov 2014 09:00
3Q IMS... very positive new business flow, a class act... GLA ...
Started: pablo2, 7 Oct 2014 11:20
Last post: pablo2, 7 Oct 2014 11:20
See flashing news item where BofA Merrill Lynch have downgraded on a technicality. Not nice for me.
Hi ... don't visit this board that much, hence late response! Basically SDR is a very sound business with global client base and good balance between institutional clients and retail clients (they don't sell direct to retail, but distribute through financial intermediaries). If global markets rise, the asset base rises and hence fees rise... so EPS is geared to market levels... therefore the SP rises faster than the market... it is a "high beta" share. If you believe stock markets will rise over the long term, you should own this..... but be prepared for SDR to drop more than the market if there is a market correction...... cheers....
Positive Points: Total assets under management advanced 2% to a record £268 billion. Schroders new inflows of £3.8 billion comprised of £1 billion in Institutional and £2.8 billion in Intermediary business. The fund manager's Wealth Management business saw revenues surge 90% to £50.3 million and assets under management rise 1% to £30.2 billion. The fund manager could be well positioned to benefit from the government's plans to shake up the pensions and savings industry. The company completed two acquisitions in 2013. In April, it bought US fixed income manager STW Fixed Income Management, and in July it acquired wealth manager Cazenove Capital Holdings Ltd. Headquartered in London with 27 offices worldwide, Schroders can trace its history back to 1804.
Negative Points: In cautious comments made by the Chief Executive, he said given uncertainties facing the market, retail investor demand "may reduce in the short term". Schroders, like its peers is exposed to market risk arising from market movements which could cause a fall in investments and a decline in the value of assets under management. The group's overseas operations are subject to foreign exchange rate risk. At the heart of any asset manager is the investment team. As with any fund management business, there is a risk that if a "star" manager leaves, investors and assets under management may follow.
Financial Highlights: The company reported a pre-tax profit of £130.7 million, compared with £115 million a year earlier. Revenue increased 11.1% at £358.8 million. Total assets under management amounted to a record £268 billion, up from £262.9 billion on 31 December 2013. New business inflows of £3.8 billion were reported, spread across multi-asset, equities and fixed income.
First quarter interim management statement: The asset manager registered a strong quarter, bolstered by net new business inflows of 3.8 billion pounds that helped lift assets under management to a record 268 billion pounds. Following the July 2013 acquisition of Cazenove Capital, Schroders Wealth Management segment saw revenues soar 90% to £50.3 million and assets under management rise 1% to £30.2 billion. Michael Dobson, Chief Executive, commented: "We had a strong quarter in Intermediary with high levels of net inflows in Europe and the UK although, with markets facing a number of uncertainties, retail investor demand may reduce in the short term". Schroders said there was a wide range of opportunities on the institutional side and it had a good pipeline of business, including a £12.2 billion mandate from insurer Friends Life. Based on the combined estimates of analysts that cover the company,
Started: QueenElvis, 9 Aug 2013 16:00
Last post: QueenElvis, 9 Aug 2013 16:00
Ex divi date soon. Cripes never thought I'd find myself cheering on schroders lol
??????? - crazy day