Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SCHRODERS PLC. We currently have 5 research reports from 1 professional analysts.
|02Dec16 01:21||RNS||Form 8.3 - [M. P. Evans Group plc]|
|01Dec16 03:06||RNS||Form 8.3 - [M.P. Evans Group plc]|
|01Dec16 03:05||RNS||Form 8.3 - [Deutsche Boerse AG]|
|30Nov16 02:41||RNS||Form 8.3 - [Deutsche Boerse AG]|
|29Nov16 12:47||RNS||Form 8.3 - [Deutsche Boerse AG]|
|28Nov16 12:38||RNS||Form 8.3 - [Deutsche Boerse AG]|
|25Nov16 02:52||RNS||Form 8.3 - [Deutsche Boerse AG]|
Frequency of research reports
Research reports on
Panmure Morning Note 28-07-2016
28 Jul 16
Flows positive over the first half of the year, but all business units reported outflows in the second quarter. Institutional demand was the most resilient, but with a larger proportion of assets in institutional mandates the net operating revenue margin in asset management has fallen to 47bps.
Strong flows, but ignoring fund manager corporate governance “best practice”
03 Mar 16
The company is experiencing outflows in intermediary and inflows in institutional, which is the same as both Jupiter and Man are experiencing resulting in revenue margin pressure in the industry. The strong flows however, justify a modest premium to the sector valuation. Hold.
Panmure Morning Note 30-07-15
30 Jul 15
Interim PBT of £305.7m was marginally ahead of expectations. Group total AUM fell to £309.9bn hit by FX and markets. Net inflows in the half was in line at £8.8bn. While the growth outlook appears favourable overall the group's sheer size now makes it increasingly difficult to move the needle. The shares have had a very good run based on a re-rating which can be justified by its quality and diversified business. But at 16x current year earnings we see them as fully and retain our hold and 2900p target.
Positive returns from all asset classes in Q316
28 Nov 16
Tetragon Financial Group (TFG) reported fair value earnings of US$49.7m for the third quarter of 2016, with positive contributions made by all asset classes. NAV total return was 1.3% for the quarter and 7.8% for the nine months to 30 September 2016. Having completed a US$100m tender offer in June 2016, TFG commenced a US$50m tender offer on 9 November 2016, which should be meaningfully accretive to NAV per share given the current wide share price discount to NAV. Consistent with previous years, the third interim dividend was held in line with the second interim, confirming TFG’s 5.9% yield.
N+1 Singer - Morning Song 30-11-2016
30 Nov 16
Sanderson has delivered full year results in line with expectations and the 19 October trading update after a strong finish to the year compensated for a slower start. A healthy level of pre-contracted recurring revenue (50%), incremental sales to existing customers and new customer wins at higher average order values helped deliver solid revenue growth in both the Digital Retail (+9%) and Enterprise (+12%) divisions. A decent order book and good sales momentum suggest that the company is on track to deliver on unchanged profit expectations for the current year. We continue to view the valuation (FY17 EV/EBITDA 8.6x) as undemanding given an attractive combination of accelerating growth potential, strong cash generation and growing dividends.
Small Cap Breakfast
28 Nov 16
Warpaint London—Schedule one update. Raising £2.5m at 97p. Expected mkt cap £62.6m vs revenues of £22.3m Walls & Futures REIT — Has raised £1m at £1 to acquire, refurbish or develop residential properties in the UK . Due to arrive on ISDX on 29 November Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
Long-term investment in Asian small caps
10 Nov 16
Scottish Oriental Smaller Companies Trust (SST) aims to generate long-term capital growth by investing in a portfolio of small-cap Asia ex-Japan equities. Vinay Agarwal is the interim lead fund manager while Wee-Li Hee is on maternity leave; he is assisted by Martin Lau, Scott McNab and the broader First State Stewart Asia team. Stocks are selected on a bottom-up basis, with a view to preserving capital on the downside as well as achieving capital growth. SST has significantly outperformed the peers and the MSCI AC Asia ex-Japan and MSCI AC Asia ex-Japan Small Cap indices over both five and 10 years.
Interims reveal value creation
28 Nov 16
In June Draper Esprit was listed on the LSE. Today its maiden interim results reveal substantial progress since IPO. In addition to strengthening the executive team with the appointment of Ben Wilkinson as CFO, Draper Esprit has created shareholder value through new investment and realisations.