Schroders Share Discussion Threads

[broadwood] 04/3/2010 09:30

Here's the first.


JPMorgan says in a note that Schroder's adjusted group pretax profit for 2009 of 200.2 million pounds was ahead of its estimate, and ahead of the company compiled consensus of 190.8 million pounds, although well down on 2008's figure of 290.5 million pounds.

The broker notes that flows were much stronger than anticipated in the fourth-quarter of 2009 and the company highlighted a strong start to the current year.

As a result, JPMorgan has materially increased its net flows estimates for 2010 to 11.7 billions pounds, up from 6.2 billion which, together with the better than expected 2009 results and stronger equity markets in the last few weeks, leads it to materially raise its 2011 EPS forecast.

[broadwood] 04/3/2010 08:49

This should keep us moving in the right direction.



"However, 2010 has started well with high levels of net inflows in Institutional and Intermediary and we see further significant organic growth opportunities longer term, based on strong investment performance for clients, a broad product range, a proven distribution capability and a geographically diversified business."

[broadwood] 04/3/2010 08:29

Some upgrades a comin'

[broadwood] 04/3/2010 08:11

Record inflows reported today which will translate into higher fee income.

Fund managers like this are an excellent way to play a bull market.

[binladin] 29/4/2009 09:09

HAWK.L might be a good punt another oil and gas co. have sold 20% today check it out.
Why invest in an elephant when a mouse can run much quicker.

[finess] 10/10/2008 17:56

I worry for Bruno and family

[tell sid] 21/9/2008 12:36

Barclays CEO on the Lehamns purchase this week:

[chairman2] 24/7/2008 15:56

Ash - bang on the button

well done

[ashraf1] 03/7/2008 15:16

well over sold .
great time to buy will......be £9.30 in no time........
relative strengh index is only 20

[chairman2] 22/5/2008 22:02

Not really

[ashraf1] 18/4/2008 15:40

good time to short.

[capntubs] 16/4/2008 13:21

Hi Finess - message for you on sailing thread. :)

[finess] 21/1/2008 19:34

Dan 10

You must have made a few quid by now if short, :-0

[chairman2] 12/12/2007 17:49

Heading back up to resistance at 14 quid

is that just a recovery before it rreally falls
when it will have completed a majore head and shoulders reversal?

still too scared to short

[dan10] 08/11/2007 12:02

Don't believe market has fully corrected yet.

Also short on Artilium & UK Coal

[dan10] 08/11/2007 12:00

Am now short. Should follow rest of market down which hasn't yet, at least to 1280, and maybe 1200 or under 1000

[swan5] 30/10/2007 15:59

There is a trend for banks and financial institutions to merge and be bought out, so how about Shroders!

[finess] 15/10/2007 09:53

Takeover, if they sell the investment arm whats left.

A good short if it dont go, you would need B---s.

[mr roper] 11/10/2007 11:07

Schroders provided the session's speculative focus. In above-average trading volumes, shares in the fund management group jumped 5.7 per cent to a seven-year high of £15.
There were several explanations, according to traders. One was that Schroders might sell its investment arm to focus on private banking, another that Schroders might look to sell several of its lower-margin businesses such as fixed income.
However, market professionals believed the rise owed more to buying from US institutions. Harris Associates, the activist US fund, is one of Schroders' biggest shareholders with a 9 per cent stake.
They also pointed out that plans for a flat rate of capital gains tax (18 per cent) could tempt the Schroders family to sell some of its holding.

[chairman2] 10/10/2007 09:13

Why do I always think its Insiders
- gobsmacked

[matthewa] 10/10/2007 08:53

still moving any news?