Schroders Share Discussion Threads

[stu31] 03/9/2020 17:24

Eric Sprott Announces Holdings, Including Historical Acquisition, of Securities of Stroud Resources Ltd. Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Eric Sprott announces his holdings of securities of Stroud Resources Ltd., all of which are held through 2176423 Ontario Ltd., a corporation which is beneficially owned by him. Mr. Sprott beneficially owns and controls 20,833,333 common shares of Stroud Resources (Shares) and 8,194,444 Share purchase warrants (Warrants), representing approximately 47% of the issued and outstanding Shares on a non-diluted basis and approximately 55.3% on a partially diluted basis assuming exercise of such Warrants. On October 30, 2019, 2176423 Ontario Ltd. acquired 9,423,394 units of Stroud Resources, at $0.15 per unit for total consideration of $1,413,509.10. Each unit consisted of one Share and 1/3 Warrant. Each such Warrant is exercisable to purchase one Share at a price of $0.15 per Share until August 30, 2020, as a result of which 2176423 Ontario Ltd. then held 13,333,333 Shares and 4,444,444 Warrants (representing approximately 36.2% of the then outstanding Shares on a non-diluted basis and 43.1% on a partially diluted basis assuming the exercise of such Warrants). Prior thereto, 2176423 Ontario Ltd. held 3,909,939 Shares and 1,303,313 Warrants (representing approximately 16.6% of the then outstanding Shares on a non-diluted basis and 21.0% on a .partially diluted basis assuming the exercise of such Warrants). As disclosed in the press release of Stroud Resources dated October 30, 2019, Stroud Resources held an annual and special meeting of shareholders on October 23, 2019 and received shareholder approval of the creation of a new control person (Mr. Sprott) in connection with this private placement, as a result of which the 9,423,394 units were issued and holdings increased by approximately 22.1% on a partially diluted basis from what was reported in the most recent early warning report. As a result of inadvertence, a news release and early warning report for this transaction was not filed. On July 30, 2020, 2176423 Ontario Ltd. acquired 7,500,000 units of Stroud Resources at a price of $0.40 per unit for total consideration of $3,000,000 on a private placement basis. Each unit consists of one Share and one-half of a Warrant. Each such Warrant entitles the holder thereof to acquire one Share at a price of $0.60 per Share until July 30, 2021. This acquisition, together with the above October 30, 2019 acquisition resulted in Mr. Sprott's beneficial ownership to increase by approximately 34.3% of the outstanding Shares on a partially diluted basis from what was reported in the most recent early warning report, as a result of which Mr. Sprott now beneficially owns and controls the securities mentioned in the second paragraph herein. Mr. Sprott acquired the securities through 2176423 Ontario Ltd. for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of Stroud Resources including on the open market or through private acquisitions or sell securities of Stroud Resources including on the open market or through private dispositions, in the future depending on market conditions, reformulation of plans and/or other relevant factors. Stroud Resources is located at 1090 Don Mills Rd., Suite 404, Toronto, Ontario, M3C 3R6. A copy of 2176423 Ontario Ltd.'s early warning report will appear on Stroud Resources' profile on SEDAR at www.sedar.com and may also be obtained by calling Mr. Sprott's office at [phone] (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario, M5J 2J1).

[stu31] 03/9/2020 17:20

44m shares in issue. Market Cap C$29m (£17m) at 66c Sprott 47% (40c) Cash C$3m+ website: hTTp://www.stroudsilver.com Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada The Company entered a difficult period following the steady decline in base metal prices during 2013 and the sudden and unexpected passing of George Coburn, its Founder and CEO, in December of 2013. Over the next three years, the Board of Directors stabilized the Company and reaffirmed the vision to move its Santo Domingo Project towards production. Today, the Company is excited to unearth the potential of this epithermal silver-gold property located in Jalisco, Mexico. Two mineral rich belts occur on the east and west sides of the Sierra Madre Mountains in Mexico. Stroud’s Santo Domingo project is in the Western Silver-Gold Belt. Mineralization at Santo Domingo is similar in geological settings to that of two major mining areas of Fresnillo and Zacatecas, each with historic silver production in excess of 400 million ounces. Previous workings, sampling and drilling done on the property give preliminary indications that Santo Domingo is a very large silver target. A new NI 43-101 Technical Report has confirmed a significant deposit on the property. The potential for high grade silver to be found at depth seems highly likely considering the property has never been explored beyond 150 metre depths using modern technology. The Santo Domingo Property in Mexico is 100% owned by Stroud, and Net Smelter Royalties are less than US $3,500,000. A new drilling program has been planned to advance the property towards future production. STROUD RESOURCES ANNOUNCES 71% INCREASE IN MEASURED AND INDICATED RESOURCES AT SANTO DOMINGO, MEXICO Measured and Indicated resources increased to 25.74M silver equivalent ounces from 15.05M. Inferred Resources increased to 13.39M silver equivalent ounces from 10.68M. La Raya vein indicates a mineralized zone, 35 metres wide by 300 metres deep and over 700 metres along strike. Guadalupe vein is typically 15 to 30 metres wide. Five additional veins have been identified for future exploration, deeper into the hillside.

[typo56] 18/3/2020 15:42

Why are the non-voting shares SDRC so out of kilter with SDR at the moment?

[cwa1] 23/10/2019 11:57

As usual, a non clickable link from IC... hTTps://www.investorschampion.com/channel/portfolio/schroders-is-this-family-firm-a-classic-income-buy

[peterbill] 17/4/2019 08:32

hTTps://citywire.co.uk/investment-trust-insider/news/nick-train-ramps-up-schroders-stake-as-he-pushes-us-invasion/a1221186?ref=investment-trust-insider-latest-news-list&_ga=2.62753452.1846250492.1555395759-2074827080.1555395759 Citywire AA-rated fund manager Nick Train has ramped up his stake in Schroders (SDR), taking his holding to 10% of the fund group's shares.

[shiv1986] 26/2/2019 09:33

See the latest ADVFN twitter poll about Funds: https://twitter.com/advfn/status/1100297573917736961

[tomke22] 23/1/2019 10:15

I had a brief look at these following an article on the Motely Fool. The comment made by 'Porshe1945' deterred me from risking an investment. The chart suggests the share is oversold but the market in which the company is operating is changing to Index rather than manged funds. Tom

[porsche1945] 20/12/2018 09:33

30....or not....wealth managers getting destroyed by low cost passive funds, these heading back to teens. reasonable divvy tho

[city chappy] 24/9/2017 10:06

Yes quite healthy again and a nice return this year.

[arja] 15/8/2016 15:16

nice chart and mini breakout ! heading for £30 it seems .

[hubshank] 20/5/2016 13:39

https://uk.finance.yahoo.com/news/three-under-radar-dividend-champions-101035402.html Slow and steady Despite volatile global equity markets, asset manager Schroder's (LSE: SDR) has continued to hum along nicely. The fund manager's Q1 pre-tax profits may have dropped from £141m to £137m year-on-year, but in such volatile market conditions investors should applaud the company's ability to continue attracting net inflows of £2.7bn. Slow and steady growth from this family-controlled company is why dividends have grown year after year and are expected to yield 3.6% in 2016. Analysts are expecting this year's dividend to be covered 1.9 times by earnings, showing its safety and growth potential. And, while earnings are expected to shrink this year alongside the general industry pullback, Schroders still has significant growth potential in the years ahead. The company's popularity with institutional investors has protected it from much of the downside of recent market turbulence, and it should benefit nicely in the coming quarters as January's tumult is behind us. These three companies have impressive recent histories with dividend hikes, but they can't compare to the 380% rise over the past four years at the Motley Fool's Top Income Share. This truly under the radar income star's dividends are still covered more than 3.5 times by earnings too, which is why analysts are expecting even more growth to come.

[thomasthetank1] 28/4/2016 13:22

Read Panmure Gordon & Co's note on SCHRODERS, out this morning, by visiting hxxps://www.research-tree.com/company/GB0002405495 "Small net inflows driven by institutional demand, in a very difficult Q1 for the industry, underlines the quality of this stalwart of the sector ..."

[bugle4] 05/7/2015 20:34

Why Now Is The Perfect Time To Buy These 4 Stocks: Standard Chartered PLC, Boohoo.Com PLC, Schroders plc And Meggitt plc Of course, not all stocks that appear to be worth buying need to have posted a fall in their share price in recent months. Fund management group, Schroders (LSE: SDR), has seen its share price rise by 27% in the last year and at least part of this is due to a FTSE 100 that remains relatively high even with the uncertainty surrounding Greece. And, with Schroders having a beta of 1.3, it looks set to beat a rising FTSE 100 over the medium to long term. http://www.fool.co.uk/investing/2015/07/01/why-now-is-the-perfect-time-to-buy-these-4-stocks-standard-chartered-plc-boohoo-com-plc-schroders-plc-and-meggitt-plc/?

[philo124] 18/2/2015 12:35

Morgan Stanley 3385p.

[philo124] 23/1/2015 17:19

The move up from £22 has surprised me! Still hold thankfully.

[philo124] 05/11/2014 15:33

News tomorrow.

[philo124] 11/8/2014 20:32

Russia related sanctions I guess.

[deadly] 11/8/2014 16:37

Top of FTSE 100 today after being at the bottom on Friday. How fickle the markets are, and who said they are efficient, if that can happen to a large cap? Still, I'm not complaining when you can make money so easily.

[tiptv1] 11/8/2014 14:03

Zak Mir offers his Major Market Round-up and Market Discussion of the FTSE 100 and says Schroders (SDR): Bearish. See more at: http://www.tiptv.co.uk/#sthash.8h3o3Ix1.dpuf

[philo124] 08/8/2014 18:55

Yep; bad timing on my part.