Market's view on Schroders
Published on April 2024
- Concerns are raised about Schroders losing market share to trackers, with stagnant dividend and timing issues in their Greencote acquisition due to struggles in wind farms with high taxes, low wind, interest rates, and infrastructure costs. Predictions suggest a possible future bid for Schroders, but not in the near term.
- A stock watcher expresses disappointment with recent performance but remains optimistic about the company’s track record and management, considering buying more shares.
- Stroud Resources Ltd announced the conversion of a debenture into 6,000,000 units upon maturity, with Eric Sprott, through 2176423 Ontario Ltd., acquiring significant additional shares and warrants, potentially increasing his ownership stake significantly upon exercising these warrants.
- Stroud Resources Ltd also closed the first tranche of a non-brokered private placement with similar terms as the convertible debenture, with Eric Sprott participating, indicating a long-term investment perspective and potential future changes in his holdings depending on market conditions.
- A stock watcher acknowledges a significant re-rating of a company, with the share price halving recently, seeking insights on the cause beyond economic sentiment shifts.
- Frustration is voiced over perceived poor performance and management issues, with concerns about the company’s future viability.