Schroders Share Discussion Threads

[cardinal3] 08/4/2024 19:47

hi Saltaire

I think Schroders as an active fund manager is losing market share to trackers. The dividend is flat.

They bought Greencote a year or two back but that's unfortunate timing so far with the wind farms struggling with higher taxes, lack of wind, high interest rates combined with lower electricity pricing and infrastructure costs. Laudable but not yet making a difference.

I think the eventual outcome will be a bid but that could be some years off. Meanwhile in my opinion they are likely to stagnate and simply be a play on the broader market unless they make a step change acquisition themselves.

[saltaire111] 08/4/2024 19:14

Very disappointing performance since I bought back in.

Still like the company, it’s track record and management.

Maybe time to top up?

Salty

[stu31] 05/2/2024 22:13

Stroud Resources Ltd. Announces Conversion of Debenture
14/09/2023 3:14pm

Stroud Resources Ltd. (TSXV: SDR) (“Stroud”; or “Company”;) announces the maturity of its convertible debenture issued on May 29, 2023. On maturity the issuer was satisfied through the issuance of 6,000,000 units.
The Company has converted a debenture in the amount of $600,000 with the issuance of 6,000,000 units. Each unit comprises one common share and one common share purchase warrant, with each warrant exercisable into one common share at a price of $0.10 for a period of three (3) years from closing.

Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired the units following conversion of this debenture. Prior to the conversion, Mr. Sprott beneficially owned 25,277,777 common shares representing approximately 49.0% of the outstanding common shares on a non-diluted basis. As a result of the conversion of the debenture and consistent with 2176423 Ontario’s early warning report dated May 30, 2023, Mr. Sprott beneficially owns 31,277,777 common shares and 6,000,000 warrants of the Company representing approximately 54.3% of the outstanding common shares on an undiluted basis and 58.6% assuming exercise of such warrants.

The participation by 2176423 Ontario Ltd. constitutes a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Section 5.5(b) and Section 5.7(1)(b) of MI 61-101, respectively, on the basis that the Company is not listed on the specified markets and the fair market value of the securities does not exceed $2,500,000.

All securities will be subject to a four-month hold period from the original closing date of May 29, 2023.

Proceeds raised through the issue of Units will be used for general working capital purposes.

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

[stu31] 05/2/2024 22:11

Stroud Resources Ltd. Announces First Tranche Closing of Private Placement
29/05/2023 11:04pm

Stroud Resources Ltd. (TSXV: SDR) (“Stroud”; or “Company”;) has closed the first tranche of its previously announced non-brokered private placement.
The Company issued a Convertible Debenture in the amount of $600,000. The Convertible Debentures bear interest of 14% and mature 90 days from issue. On Maturity, the Convertible Debentures convert to units (the “Units”) at $0.10 per Unit. Each Unit will comprise one common share and one common share purchase warrant, with each warrant exercisable into one common share at a price of $0.10 for a period of three (3) years from closing.

Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired the Convertible Debenture to the Private Placement. Prior to the Private Placement, Mr. Sprott beneficially owns and controls 25,277,777 Common Shares of the Company representing approximately 49% of the issued and outstanding Common Shares of Stroud. The Convertible Debenture was acquired by Mr. Sprott, through 2176423 Ontario Ltd. for investment purposes.

Mr. Sprott has a long-term view of the investment and may acquire additional securities of the Company, including on the open market or through private acquisitions, or sell securities of the Company, including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. A copy of 2176423 Ontario Ltd.’s early warning report will appear on the Company's profile on SEDAR and may also be obtained by calling [phone] (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1).

The participation by 2176423 Ontario Ltd. constitutes a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in Section 5.5(b) and Section 5.7(1)(b) of MI 61-101, respectively, on the basis that the Company is not listed on the specified markets and the fair market value of the securities does not exceed $2,500,000.

All securities will be subject to a four-month hold period from the closing date. The private placement is subject to the approval of the TSXV.

Proceeds raised through the issue of Units will be used for general working capital purposes.

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

[jonnybig] 29/1/2024 11:34

I don't know

[cutandpolished61] 29/1/2024 10:35

Why have all the post stopped here and other boards?

[peterbill] 07/10/2023 20:18

Dividend yield 5.21%Market capitalisation £6.41 bnP/E ratio 15.06Major shareholdersName Amount Holding (%)Vincitas Ltd 389,724,154 24.17Schroder Inv Man Ltd 1,442,708 19.93Flavida Ltd 271,181,976 16.82Fervida Ltd 253,499,137 15.72Veritas Ltd 250,298,880 15.53BlackRock Inc 80,936,706 5.02Harris Associates LP 0 5.02Schroder PLC 5,116,191 5.01Lindsell Train Ltd 80,483,500 4.99HSBC Holdings PLC 0 3.45Michael David Kadoorie 0 3.44Schroder BSC Sc Imp Tr PLC 19,529,311 1.21



Just checking the major shorholders ... figures from morningstar - not sure why incorrect? Thought that Schroders had had a larger shareholding ...

[saltaire111] 02/3/2023 21:03

Bit of a damp squib today!

[saltaire111] 21/11/2022 16:32

I’ve bought back into SDR today at £4.55. Quality company and decent yield.

Salty

[stoopid] 10/11/2022 16:38

I got in at 400 and well pleased today....

[hazl] 06/10/2022 08:42

Sorry to blow hot and cold but I feel I've got back into these too soon.
Am out for now.

[hazl] 05/10/2022 08:50

A good company in my opinion.

[saltaire111] 23/9/2022 21:57

Significant re-rating over the last few weeks. Share price has practically halved.

Anyone able to share any observations about the reasons for this?

Surely it’s not all down to changing economic sentiment?

Salty

[gaygay3] 20/9/2022 15:14

Thanks for that

[greatwhitefunkmaster] 20/9/2022 14:31

ADVFN will sort itself out tomorrow with the charts

[greatwhitefunkmaster] 20/9/2022 14:30

For every 1 share you held you now hold 5.Your value hasn't gone down

[gaygay3] 20/9/2022 10:31

What does this mean to my shares seen where it’s says 5shares to 1 that would nearly wipe out my investment surly this cannot be right anybody no what’s going on

[toob] 20/9/2022 08:10

Restructuring non voting shares

[halfpenny] 20/9/2022 07:49

Probably one of the worst performers and have many management issues. Too Risky.

[halfpenny] 20/9/2022 07:46

SDR huge drop are they going under!!

[yakin] 29/7/2022 09:02

XD next week on 4 August. 37p.