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SDR Schroders Plc

382.10
-8.10 (-2.08%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Schroders Plc LSE:SDR London Ordinary Share GB00BP9LHF23 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.10 -2.08% 382.10 383.50 383.80 390.10 381.80 390.00 2,476,592 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 2.41B 402.6M 0.2497 15.37 6.19B
Schroders Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker SDR. The last closing price for Schroders was 390.20p. Over the last year, Schroders shares have traded in a share price range of 357.20p to 488.60p.

Schroders currently has 1,612,100,000 shares in issue. The market capitalisation of Schroders is £6.19 billion. Schroders has a price to earnings ratio (PE ratio) of 15.37.

Schroders Share Discussion Threads

Showing 126 to 148 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
06/12/2006
21:51
like the look of...
honiton
06/12/2006
21:38
Closed to day at £10.08, best of luck.
finess
27/11/2006
12:57
That X trade of over a Million Shares knocked a good start on the head,
Oh Dear B......s.

finess
14/11/2006
19:08
Trading looks fine so i presume traders dropped the price today. these look a decent long term buy to me at these levels.
chef
01/11/2006
19:27
agree Finess - the magic words in banking these days seems to be

"Wealth Management" SDR great fit with the transaction and admin sides

of any retail bank and wholesale banks often lack credibility for
their corporate clients personal account management

chairman2
01/11/2006
19:19
Chaiman

Such small volume moves the SP, I could give it a kick and so could others.

Now that they are out of banking a fit with a pure banker (if there is such a thing) would be sensible.

To much Caz and Eaton

finess
01/11/2006
18:31
support becomes resistance becomes support.

retail financial services read across should be very positive
- lots of sales of pension products like SIPPS, underlying cash
gets invested somewhere.

then all Assets Mans. should be benefiting from higher markets
which should translate into better fee income (now charged monthly
so smoothed over year.)

as I said months ago reading the direction here depends entirely
on your view of markets.

chairman2
01/11/2006
18:16
The market has missed this one, there is not a down side at these levels.
finess
07/10/2006
10:29
MNGS looks like a good move for SDR, do they own the shares or will it be client money. The RNS said 9% plus if my memory serves me correctly.
finess
06/10/2006
08:02
Just to warn you i am out now as the "week" is coming to an end.
silent_angel
05/10/2006
13:32
There's some truth in that - contracts are often sorted out in advance though.
broadwood
05/10/2006
11:36
family shareholders in Schroders - are they still in control?

Taking over asset managers is a mugs game - it triggers all the options for the star managers and they head for the tax havens to collect and you are left with a shell

chairman2
05/10/2006
10:58
Apart from the fact that Schroders will benefit from rising markets by way of higher fee income, the statement by Barclays that it is definitely not averse to acquiring wealth management companies will have livened up the price today.

Would be a nice fit for Varley methinks.

broadwood
03/10/2006
11:25
Silent_Angel

thanks for the post of the Barclays share of the week note
- which otherwise I would not have seen

chairman2
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
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older

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