Schroders Share Discussion Threads

[giltedge1] 29/7/2022 09:38

Glad I haven't sold after jump in April, gone up more!. Result excellent, only Asset Manager to announce increase in AUM June Quarter. All divisions going well, Joint ventures in India & China undervalued by market. This Company undervalued over many years maybe due to share structure, which will be streamlined or founding family large holding & low profile, probably a good attribute. Still worth buying even after recent good run.

[spectoacc] 09/5/2022 09:14

Bonus issue doesn't add value tho surely - the Voters are losing value (relatively) to the non-voting shares, even with the extra 3 as per the ratio.

SDR one I've got my eye on in this slump, much as I dislike them as a company. Seems to be value emerging, & in others like LIO. Unclear if the retail-y ones are already value - eg AJB, HL. Interest rate rises a major positive for them, totally free earnings on the vast cash they're holding on behalf of clients. Market seems to be overlooking it, pure bottom line.

As ever in slumps, timing and opportunity cost. As well as what looks good now, not looking good if business conditions have also changed.

[topvest] 04/5/2022 14:33

I've finally taken the plunge and bought some SDR. With the bonus issue to come this looks fairly good value to me. A high quality business.

[capitol2] 06/12/2021 12:42

Gdr and size of buys moving in today after wording of past weeks rns on news expected in days on high speed covid test.

[stu31] 18/2/2021 15:23

Stroud Resources Announces Commencement of Drill Program
18/02/2021 12:00pm

Stroud Resources Ltd. (TSXV-SDR) (“Stroud”; or the “Company”;) is pleased to announce that its drilling permit application has been approved by the Mexican Mining Authority for its Santo Domingo Silver Property (“Santo Domingo” or the “Property̶1;), located in Hostotipaquillo Region of Jalisco, Mexico.
The Company expects to start drilling the week of March 1, 2021.

The Drilling Permit covers 13 drill pad locations encompassing 50 planned drill holes across the Property. The first phase of the drilling program will see 12 drill holes completed on three of the drill sites. These are expected to confirm our geological and mineral resource modelling of the Property. Geological modelling of Santo Domingo had identified additional mineralized zones running parallel to the previously announced Mineral Resource Estimate. (see Company news release dated November 20, 2017).

The current planned drilling program will also reach deeper into the hillside to sample the vein mineralization beyond where historical Spanish miners were active. It is our expectation that the grades of silver and gold in these zones should be higher as they have never been accessed. A second phase of drilling is also planned which will use the remaining drill sites to expand the mineral resources by drilling an additional 38 holes. The Company expects to prepare a new National Instrument 43-101 (“NI 43-101”) Technical Report and a Preliminary Economic Assessment (“PEA”) following the drill programs.

Should the initial Phase 1drill holes confirm the expected mineralization on the Property, the Company anticipates starting the second drill program in Q2 2021.

The Company had issued an NI 43-101 Mineral Resource Estimate and Technical Report on the Santo Domingo Property on November 20, 2017. This report is available online at SEDAR and on the Company’s website.

Highlights from the technical report include:

Measured and Indicated Mineral Resources increased to 25.74M silver equivalent ounces from 15.05M.
Inferred Mineral Resources increased to 13.39M silver equivalent ounces from 10.68M.
La Rayas vein indicates a mineralized zone that is 35 metres wide by 300 metres down dip and over 700 metres along strike.
Guadalupe vein is typically 15 to 30 metres wide.
Five additional veins have been identified which are part of the new drilling program, deeper into the hillside.
The Report confirms Measured and Indicated, and Inferred Mineral Resources as set out in the table below:

A table accompanying this announcement is available at hxxps://www.globenewswire.com/NewsRoom/AttachmentNg/ee2b7f30-8181-40b4-a326-c1e2c9572af7

Cut-off grade was 45 grams per tonne silver equivalent over a three metre true width and a gold-silver ratio of 72:1 Continuity of mineralization was established by drilling on 50 metre centres, and using a specific gravity of 2.65

The Santo Domingo Property is located in the Hostotipaquillo region of Jalisco, which is steeped in a rich mining history. The Property falls directly along structure at the Santo Domingo Vein system and is representative of a host of old mining operations that are spread throughout the region.

Original workings of the Spanish dot the landscape throughout the Hostotipaquillo region, with numerous old workings, tunnels and adits found on the Santo Domingo Silver Property. These reach to a depth of 80 - 100 metres as the 16th century Spanish miners were limited by their technology. Investigation of these mine workings confirms how the adits were simply followed to only take the central high-grade ore. Historical reporting from around the region details the nature of the vein exposures. The early reporting suggests that mine cut off grades were in the order of 1 kilogram per tonne silver.

Stroud’s exploration of the two main mineralized zones has drilled through many of the workings. These zones; La Rayas and Guadalupe, are a series of banded to breccia style epithermal quartz carbonate vein systems represented with miargyrite, galena, sphalerite, argentite and native silver and gold. La Rayas is 30 to 35 metres wide and Guadalupe is 15 to 30 metres wide. Both are parallel structures with greater than a 700-metre strike length and about 300 metre depth.

Stroud has drilled 44 holes on these two mineralized zones, with every hole encountering mineralization, which make up the existing 39M silver equivalent ounce mineral resource. The La Rayas and Guadalupe zones are within 150 meters of surface, and every indication suggests open pit capability for mining the ore.

The Property has not been explored very much beyond 100 metres from surface. Investigation of the old Spanish workings on the Property have pointed toward the presence of five additional mineralized zones running parallel to La Rayas and Guadalupe, deeper into the hillside. The Qualifying Technical report summarizes the drilling over the La Rayas and the Guadalupe zones, which are close to surface and were heavily mined by the Spanish miners.

Stroud management is excited by the new drilling program designed to explore beyond what the Spanish miners were able to reach. The program is designed to confirm the presence of the additional veins and verify the higher grades we anticipate are there.

Dr. Derek McBride, P. Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About Stroud Resources Ltd.
Stroud Resources is a TSXV listed company focused on the exploration and development of its Santo Domingo epithermal silver-gold project in central Mexico.

[stu31] 13/11/2020 03:50

Stroud Resources Ltd. Outlines Drilling Program for its Santo Domingo Silver Property, Mexico
12/11/2020 11:53pm

Stroud Resources Ltd. (TSXV-SDR) (“Stroud”; or the “Company”;) is pleased to announce that its drilling permit application is in the final approval stage with the Mexican mining authority for its Santo Domingo Silver Property (the “Property̶1;), located in Hostotipaquillo region of Jalisco, Mexico.
Stroud submitted its drilling permit application in respect of its Santo Domingo Property in mid July when the Mexican government office in Guadalajara re-opened from a COVID-19 shutdown. We have been tracking the progress of the application and are pleased to note it has reached the final post-review stage. We anticipate receiving the drilling permit by the end of this year.

The drilling permit covers 13 drill sites encompassing 50 drill holes across the Property, which incorporates both drilling programs that the Company has planned for early 2021. The first drilling program will use at least three of the sites and is designed to confirm the geological and mineral resource modelling of the Property which Stroud has developed. Our modelling of the Santo Domingo Property had identified additional mineralized zones running parallel to the previously announced mineral resource estimate.

The current planned drilling program will also reach deeper into the ground to sample the silver-rich vein mineralization beyond where Spanish miners were active. It is our expectation that the grades of silver and gold in these zones would be higher as they have never been accessed. The second phase of the drilling program will use the remaining 10 drill sites to expand and in-fill drill the resources in order to produce a new National Instrument 43-101 (“NI 43-101”) Technical Report and a Preliminary Economic Assessment (“PEA”).

The Company has been readying the camp at Santo Domingo in anticipation of the granting of the drilling permit for the drilling program. We expect to be mobilized within 10 days of receiving the permits.

On November 20, 2017, the Company issued an updated NI 43-101 Mineral Resource Estimate and Technical Report on the Santo Domingo Property. This report is available online at SEDAR and on the Company’s website.

Highlights from the technical report include:

Measured and indicated mineral resources increased to 25.74M silver equivalent ounces from 15.05M.
Inferred mineral resources increased to 13.39M silver equivalent ounces from 10.68M.
La Rayas vein indicates a mineralized zone that is 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.
The Report confirms Measured and Indicated, and Inferred Mineral Resources as set out in the table below:

A table accompanying this announcement is available at hxxps://www.globenewswire.com/NewsRoom/AttachmentNg/cc723e18-7442-4be2-a4ac-4ec556d24374

Cut-off grade was 45 grams per tonne silver equivalent over a three metre true width and a gold-silver ratio of 72:1 Continuity of mineralization was established by drilling on 50 metre centres, and using a specific gravity of 2.65

The Santo Domingo Property is located in the Hostotipaquillo region of Jalisco, which is steeped in a rich mining history. The Property falls directly along structure at the Santo Domingo Vein system and is representative of a host of old mining operations that are spread throughout the region.

Original workings of the Spanish miners dot the landscape throughout the Hostotipaquillo region, with numerous old workings, tunnels and adits found on the Santo Domingo property. These reach to a depth of 80 - 100 metres as the 16th century Spanish miners were limited by their technology. Investigation of these mine workings confirms how the adits were simply followed to only take the central high-grade ore. Historical reporting from around the region details the nature of the vein exposures. The early reporting suggests that mine cut off grades were in the order of 750 g/t silver and lower grades were simply left behind as the chase for the core materials continued.

Stroud’s exploration of the two main mineralized zones has drilled through many of the workings. These zones; La Rayas and Guadalupe, are a series of banded to breccia style epithermal quartz carbonate vein systems represented with miargyrite, galena, sphalerite, argentite and native silver and gold. La Rayas is 30-35 metres wide and Guadalupe is 15-30 metres wide. Both are parallel structures with greater than a 700-metre strike length and about 300 metre depth.

Stroud has drilled 44 holes on these two mineralized zones, with every hole encountering mineralization. The NI 43-101 Mineral Resource Estimate and Technical Report issued for the Property presented a resource of almost 26 million ounces of silver equivalent in the measured and indicated categories, and over 13 million silver ounces equivalent in the Inferred category. This is a significant silver-gold deposit. The La Rayas and Guadalupe zones are within 150 meters of surface, and every indication suggests open pit capability for mining the ore.

The Property has not been explored very much below 100 metres from surface. A hole of 200 metres drilled by Stroud passed through the La Rayas and Guadalupe zones to encounter a third parallel zone. Further investigation of the old Spanish workings on the property have pointed toward the presence of five additional mineralized zones running parallel to La Rayas and Guadalupe, deeper into the hillside. The Qualifying Technical report summarizes the drilling over the La Rayas and the Guadalupe zones, which are close to surface and were heavily mined by the Spanish miners. The potential of this resource beyond those workings is considerable well beyond the 39 million silver equivalent ounces reported to date.

Stroud management is excited by the new drilling program designed to explore beyond what the Spanish miners were able to reach. The program is designed to confirm the presence of the additional veins and verify the higher grades we anticipate are there.

Dr. Derek McBride, P. Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Stroud Resources Ltd.
Stroud Resources is a TSXV listed company focused on the exploration and development of its Santo Domingo epithermal silver-gold project in central Mexico.

[stu31] 03/9/2020 18:24

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 18:20

56m shares in issue (9/23). Market Cap C$3m (£2m) at 6c
Sprott 54%
Cash C$0.6m+ (9/23) P C$0.6m 10c (9/23)

website:

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.

50 Drill holes from 1 March 2021

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 12:57

As usual, a non clickable link from IC...

[peterbill] 17/4/2019 09:32

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:

[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 11:06

Yes quite healthy again and a nice return this year.

[arja] 15/8/2016 16:16

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

[hubshank] 20/5/2016 14:39

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 14:22

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 21:34

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.