Share Name Share Symbol Market Type Share ISIN Share Description
Schroders LSE:SDR London Ordinary Share GB0002405495 VTG SHS £1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +0.03% 3,472.00p 3,468.00p 3,472.00p 3,478.00p 3,436.00p 3,478.00p 345,180 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 2,144.9 618.1 178.3 19.5 7,847.50

Schroders Share Discussion Threads

Showing 101 to 125 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
03/10/2006
06:46
Schroders is a global asset-management company based in London. In our view, it is a high-quality company with decent management. And we think it offers good value relative to other asset managers: it is on a PE ratio of around 13 times, compared with multiples of around 18 for managers such as Aberdeen. The firm's recent results have been fairly upbeat. In August, it reported a solid set of interims, which were broadly in line with expectations. Profits were up by 7% overall, and by a healthy 27% on an underlying basis. The majority of profits come from the core asset-management business. That performed solidly but is facing higher marketing costs and infrastructure investment. The outlook statement accompanying the results was positive, with management stating their intentions to continue developing the business going into 2007. Schroders has a truly global reach. Its 33 offices are grouped into four regional structures, covering the UK, continental Europe, Asia Pacific and the Americas. The company's operations are split into four divisions: the core investment-management division, largely aimed at institutions; a private-banking division, which provides investment-management and banking services to high-net-worth individuals and smaller institutions; a private-equity division; and a group net income/costs division, which manages income from the company's liquid and seed capital. Schroders has over £120 billion of assets under management. Schroders is estimated to be holding some £800 million of surplus capital. The management have yet to make clear what they intend to do with this, but the most likely options appear to be a return of capital to shareholders or an acquisition. We are confident that, in the case of any future acquisition, the management would create shareholder value. We do see some risks, however. As Schroders is an asset manager, its profitability is vulnerable to any significant declines in global stock markets, particularly the FTSE All-Share. There is also some risk of a further large net outflow of funds, as happened last year when two high-profile portfolio managers departed. However, that should not have any significant long-term impact. Schroders certainly looks good value at present. If we assess only the core business, we find a fair-value estimate of around 870p, a little below the current price. However, when we take into account the £800 million of surplus capital floating around, we get a true fair value of 1090p. That gives upside of over 20% on the current share price. So, at current price levels, we recommend taking advantage of the recent weak performance and adding this stock to your portfolio. Last updated: 02 October 2006 This is from Barclays "share of the week"
silent_angel
02/10/2006
15:59
what am I missing? ADFVN has net cash per share of 137p and gross cash per share of 736p
chairman2
02/10/2006
12:54
Barclays has this one as their "share of the week" this week due to having an excess of money that would make it worth 1090p !!
silent_angel
20/9/2006
10:49
Interesting chart, no bottom at this moment in time. Bid at about £7.00 level if Banks want to consolidate. Course SDR aint a bank now.
finess
17/9/2006
14:12
Actually if you have read up about the way share prices behave prior/post promotion or demotion from an index you would be aware that company's tend to out perform immediately after being demoted from an index by circa 3%. The reason is that all the fund managers who have to get rid of a stock they are holding in an index tracker fund will have anticipated the fall and dumped their stock in advance. Given that these boys have circa £500 M cash on the books there are a range of potential scenarios I can see happening here. 1. A larger predator comes calling 2. They yield to their larger investors and either hike the divi or start a share buyback 3. They go on an acquisition spree. I am planning on buying on Monday having watched these for some time and I know which option I would prefer! I'll have number 1 please! Number 2 will unlikely give a good return in the short term and number 3 may do more harm than good!
salpara111
04/9/2006
10:44
LATEST .... SDR TO COME OFF FTSE 100 .. MORE DROP IN PRICE TO COME?
h4rsh2
22/8/2006
13:50
Glad to hear the staff all positive cannot understand this Wealth Managers everywhere are reporting a record year the first half Hedge Funds crash and burn has sent the rich scurrying back for protection
chairman2
22/8/2006
12:49
No, dont agree, looking for a bottom here at some time in the near future, but cant see the end of the downtrend yet. Employees are all perky in Geneva.
finess
20/8/2006
11:28
This looks a classic short now at 948p with a -5% target below 900p. Anyone agree
chairman2
18/8/2006
08:31
Well I am out at 964 - are you staying long for a while Chris? good luck everyone :-)
jezboy1
14/8/2006
15:56
This broker tip likely helped - (from Sharecast web-site) Bridgewell Securities today advised investors to switch out of Henderson and into fund manager Schroders. The broker upgraded Schroders to �overweight� from �neutralʏ33; while Henderson went the other way, dropped to �neutralʏ33; from �overweight� ahead of its results next week. Bridgewell argued that the market�s reaction to Schroders� interims released on Friday was well overdone given the group�s good defensive qualities. about 965-970 is my target with a stop of 900 (the sort of no lose 'punt' I like), lets see what the week holds, suspect the market rally may have a bit more steam in it....
jezboy1
14/8/2006
15:38
Bounce back has transformed the chart - solid resistance level protecting downside. A punt depends on your view of the market
chairman2
14/8/2006
11:20
Good call chris - bought in 883 this morning
jezboy1
11/8/2006
15:40
Hey chris - well a price of 870 would put u on a p/e of 12.5 on the basis of present predicted EPS of the 69.72p (digital look) I think that seems like a fair price, but this level of drop suggests some serious shorting going on.... so may sit on my hands and watch monday am for a direction change. I agree, the drop simply on the basis of the comments of the RNS seems overdone. But I would be interested to hear what more experienced SDR holders may have to say. good luck.
jezboy1
11/8/2006
14:37
I've bought a few earlier at just under £8.70, i can't believe the figures justify a 10% fall even though they have had a slight outflow of funds.
chris79
11/8/2006
14:13
WOW - brutal drop today, looks like 830-840 is a real possibility.... anyone long here?
jezboy1
08/8/2006
10:29
I dont follow Schroders but if anyone is keeping an eye here can they share any background on the following: Barclays results showed good performance from Wealth Management division - what is the comparison of that business with Schroders? I would expect Schroders to track market indices with a lead - since levels of interest rates and stockmarkets are key determinants of fund flows into savings products. Any idea of whether the correletion works at 6 months lead time or 12 months or what? And if so what is the best lead indicator index?
chairman2
18/7/2006
23:14
go to be worth 906 if you are not already full of them - 5500 will occur if iran and syria join the war!
mryesyes
13/6/2006
23:57
5500 is too low IMHO
mryesyes
24/5/2006
10:47
Nicholas You must be loosing a bomb now. open your eyes your judgementis clouded we are going down , dont fight the trend.
kickstart
19/5/2006
12:34
NOW IS THE TIME TO BUY SHARES OR INDICIES -------------------------------------------------------------------- World markets may have fallen, but looking at the FTSE, it was cheap even at 6,100 with shares trading at 12x earnings. Surely there is a serious bull looming behind all this. Shares will be back at 15-17 times earnings. It may take a while but historically it will happen. The FTSE will easily go past the 8,000 mark in the next few years. I took out FTSE futures yesterday at 5659. I am going to make a lot of money. A small rise in U.S. inflation causes a 8% fall. The fundamentals do not support this fall. The bears are mental. The bulls will be cleaning up.
nicholas_collier
20/3/2006
18:00
I am short again......
tp100
06/3/2006
12:26
Cripes - up 5% now. Wonder if someone's bidding?
broadwood
06/3/2006
10:52
Header on this thread could not be more wrong. Another uplift this morning - presumably again on rising share values. Results were excellent - a little bit of institutional migration being the only downside, still reckon these could be snapped up.
broadwood
20/2/2006
19:52
Has continued to storm ahead on rising share values. Results tomorrow - looks as though they are going to have to be really impressive to keep this momentum going. Would have made a nice little tasty morsel fot the bigger boys but has risen too far now methinks.
broadwood
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20171217 17:49:43