Schroders Share Discussion Threads

[pkvidean] 04/12/2002 10:38

Lets see if the analysts take a dim view of SDR this time around. Currently sitting @ 565p (up 28p) but I'm wagering (just gone short) it'll be about sixth time unlucky and goodbye FTSE100 at close of play next Tuesday (10/12). Something else has to go to make way for Provident Financial (same sector) and my personal SIPP choice of Whitbread could also slip back in if there is further weakness elsewhere.

[harleymaxwell] 26/11/2002 17:23

any views onthis??

[harleymaxwell] 19/11/2002 19:09

whats happening here??
trades at various prices including a sell at the end well off finishing price.
any clues as to direction etc

[pkvidean] 28/10/2002 19:26

I'd be looking to short at about 658.25p as 59% from 414p for the initial rally seems about right for SDR. When Dow & FTSE finish their initial flourish the retracement should results in good profits and it is still well possible that it and/or the markets could keep on going down with SDR maybe this time around (09/12 I think) catching the FTSE100 crab !

[harleymaxwell] 28/10/2002 18:58

anyone have any views on this - a meteoric rise last few days

[wholden] 24/9/2002 05:40

i'd like to be in this one, but watching the charts like a hawk, it appears to me that £4.00 is critical. it has twice hit and rebounded of this level in the last couple of months, so in my limited knowledge of such things, i think that if it hits 400p and re-bounds it could be a good sign.... a tripple bottom and all that, however, if it breaks 400p, i dread to think where the resistance for this stock is??
any body else have views?
wh

[moregas] 16/9/2002 13:03

Being bought up today from about 10.30 this morn, a reason for which I know not.

[harleymaxwell] 05/9/2002 10:04

seems like a dramatic recovery last couple of days?

[arja] 14/7/2002 14:45

1993 support level is about 440 and looks likely to head lower in these bear market conditions. A bit oversold though and likely to bounce first PROVIDED the dow does not plummet further. Should open weaker with the dow down 117 on Friday but, like all stocks, needs watching like a hawk. However, I think the dow will hold at 9600 and then rally to about 8900 this week before hading down to about 8000 and possibly below. Hence, wait for bounce in sdr before selling. DYOR of course and I have not got a clue on the fundamentals of this business- am strictly a chartist!

[edbassett] 10/7/2002 10:55

anyone any views on this breaking the 2001 bottom

Down it goes? next support?

[pkvidean] 11/6/2002 20:32

Could be yet another case of gross manipulation today to save SDR from exiting FTSE100. Not sure how this new thing XSTRATA rates but that new one excluded SDR was sufficiently elevated at the end of the day to just get inside WTB to occupy position 110 @ £1924m.

[m.t.glass] 18/4/2002 16:10

And then came the midday Trading Statement.. and down it goes.

[pkvidean] 18/4/2002 10:25

Touched 949p so far today - which seems surprising considering the performance of other Asset Managers! IMHO.

[pkvidean] 17/4/2002 20:35

Not a good time to be invested in Asset Managers! The last 2 years have been bad for equities as evidenced by SDR's pitiful recent results and with the likelihood of the mini "Koala" bear market starting in 1-2 months (following, the historically correct, current weak bull market) things are going to get a whole lot worse.

SDR looks heavy odds on to relinquish its FTSE100 berth either in June or September. The only hope for the Longs is a takeover and the new guy and pride will scupper that!

Looking for Tranche 1 @ 959pish. SDR could register 3 consecutive quarters of undeserved upside if it exceeds 950p tomorrow (18/04/2002). Could be a good day to go short!

IMHO. DYOR.

[m.t.glass] 08/4/2002 14:26

Last Friday's I.C. view (p56) alongside 'buy,sell,buy' from 3 brokers was:

"With the arrival of Michael Dobson, Schroders is at last taking some action to address its bloated cost base. But his plans to cut £13m this year and £46m in 2003 don't look impressive against total admin expenses of £447m in 2001. Earnings will pick up strongly if equity markets rally but, in the absence of a sustained stock market recovery, the shares look prohibitively expensive."

(I'm short, as you might gather)

[m.t.glass] 08/4/2002 14:09

If this closes under £9 it's a long way down..

Any guesses?

[aquila] 23/11/2001 15:05

Don't all rush zzzzzzzzzz

[aquila] 20/11/2001 11:05

goodfella, any thoughts ...... LONDON (AFX) - Shares in Schroders PLC were trading lower as analysts said
they expect shareholders to protest at CEO-designate Michael Dobson's astounding
salary, dealers said. Dobson will receive a pay package worth some 10.5 mln stg
over his first three years with Schroders.
Although Schroders is family-controlled and outside shareholders are
therefore not seen as having a major say in the group's affairs, one banking
analyst said he expects a "lively EGM, when Schroders puts the appointment of
Dobson, his salary and the acquisition of Dobson's company (Beaumont Capital
Management Ltd) to its (Schroders') shareholders."
The EGM is due to be held on Nov 29.
According to the EGM document sent to shareholders, Dobson will receive a
basic salary of 200,000 stg per year.
In addition, he will be given an annual discretionary cash bonus of at least
1.8 mln stg and a minimum award of non-voting shares to a value of 1.5 mln stg
per year in each of the three years ending Dec 31, 2004.
In the event of Dobson's contract being terminated, he will receive at least
3.5 mln stg in compensation.
Dobson replaces David Salisbury, who resigned at the end of August as the
group unveiled a dismal set of first-half results. At the time, some analysts
suggested he was likely made a scapegoat in a period of turbulence and that the
group was hastily trying to demonstrate that it has a strategy to restore
earnings growth.
At 10:24 am, shares in Schroders were 12 pence lower at 808 pence.
acb/kl

[aquila] 13/11/2001 09:52

vallely - Renda2, whaddaya think...

[aquila] 12/11/2001 10:00

I'm looking for an ill one of these

[goodfella] 31/8/2001 10:32

Figures this morning were absolutely abysmal and that is an understatement.

The shares have gained some relief due to the resignation of the CEO as "sacrificial lamb" but I doubt any ne management coud turn this around to even justify the present rating let alone show them as good value.

Any higher and they are just asking to be shorted.

[keeps] 31/8/2001 10:14

I also hold some SDR shares.
I believe the price has found a base between £8-£9 and long term is a safe stock to own - last year they traded as high as £16.
Good rise so far today (5%) on interim results even though Meryll Lynch have reiterated neutral stance.