Prudential Share Discussion Threads

[careful] 17/4/2024 09:55

Well timed.

All of this bluster about Hong Kong, Taiwan and trade war will blow over.
We shall muddle through, everyone is scared of the consequences.

We still fear, and should fear, any country with a nuclear capability.
Anyone who could flatten London or New York in an afternoon is to be be respected.
They also know that their major cities would be flattened at the same time.

All of this talk of WW3 is all bullish*t and bluster by people with vested interests.

They are like the cowardly lion in The Wizard of Oz...put'em up, put'em up etc.
They will also make some compromise on trade.

I have topped up with Pru recently because I think Asia will be a good place to do business.

[fiscal cliff] 16/4/2024 12:32

Just doubled up on my modest holding. May not have been the best time to do it, but I've never lost money holding the PRU.
There's always a first time.........

[scorpione] 15/4/2024 17:47

The 20 dirt-cheap UK stocks that could make YOU a packet



8) PRUDENTIAL (FTSE100)
Jonathan Unwin, UK head of portfolio management at Mirabaud Wealth Management, says Prudential represents a 'compelling opportunity' for investors.

The shares have declined in value by 37 per cent over the past year – a result of being listed on the out-of-favour UK market and economic clouds in its target markets: Asia (China especially) and Africa.

Yet Unwin is convinced that Prudential's strong franchise in Hong Kong (spilling into wider China) will improve. He says: 'Its double-digit growth in revenues is not priced into its shares. Its share price is cheaper than the wider European insurance sector.'

Investor Interactive's Richard Hunter says the opportunity for the company to write additional insurance premiums with consumers in these two continents is 'significant.' The shares are priced at £7.16, and the dividend yield is modest at 2.3 per cent.

[its the oxman] 15/4/2024 16:24

Still just about clinging on above 700p.

[careful] 12/4/2024 16:33

Just bought a few.
PRU shares have halved, are things that bad?

China seem to be the bogy men in the USA at the moment.
Our village idiot Ian Duncan Smith never stops slagging them off now his Brexit work is finished.

One US Government official on CNBC warned the China were trying to become the Worlds strongest economy and thus are a threat to the USA.
Of course, it is called ambition... they really are crazy in the States, they can't stand the competition as China move up the value and technology chain.
They will ban Tic Tok, it is too popular.

We have to hope that if Starmer wins we can stop taking instructions from America.
We should trade with China and India, I bought PRU today thinking that relations should improve.

[bookbroker] 12/4/2024 16:05

Sad to say but the it has the China Syndrome, best thing is to try and find a merger partner or full sale. London listing hopeless with the polarisation between the US and China. Management need to start about considering dropping London as primary listing.

[fiscal cliff] 12/4/2024 10:53

FFS! PRU struggling around seven quid.

[bookbroker] 05/4/2024 13:46

No, there is no point, likely misunderstood and under-appreciated on the basis of its Chinese onus, but even more of a reason to potentially delist in London, or better still receive a bid from neck of the woods.

[essentialinvestor] 05/4/2024 11:01

Look at what % of their profitability is derived from HK and China - that's your answer.

No point railing against the business, their closest listed competitors have also taken large share price hits.

Aviva is a UK focused business, now very little in common with PRU.

AIA may be the closest listed competitor and arguably in a stronger position than PRU - their share price down the best part of 40% over 5 years.

[bookbroker] 05/4/2024 09:53

Awful stock currently, management failing miserably to create value. Not sure who they are, Asian naturally, but seem oblivious to the decline in return for holders. Takeover must be on the cards by Far Eastern Life company, things cannot go on like this, even if Chinese economy underperforming, but this company is on many countries so not totally dependent on any specific one.

[action] 04/4/2024 08:56

Even 700p is good value

[action] 04/4/2024 08:56

Good value below.

[luderitz] 04/4/2024 08:21

Disaster share, simple as that.

[jubberjim] 04/4/2024 07:11

Am increasingly tempted

But have left my bid from a few days ago in place

Good luck everyone.

[essentialinvestor] 03/4/2024 22:36

Sentiment towards China needs to improve before any chance of a re-rating - barring a bid for the company.

[bookbroker] 03/4/2024 22:30

Would certainly be better off being acquired by Far Eastern Life Assurance company, little relevance now being UK listed.

[its the oxman] 03/4/2024 22:08

Hard to believe sub 7 pound beckons. But with no change in China re it's leadership looking likely anytime soon I guess the downward pressure is set to stay.

[action] 03/4/2024 20:28

37 million turnover. Just for you down ticker.

[bookbroker] 03/4/2024 20:02

Easy pickings!

[suetballs] 03/4/2024 18:35

What about takeover interest at this level?
Suet

[bookbroker] 03/4/2024 18:18

Someone wants out!

[action] 03/4/2024 16:01

18 million turnover

[suetballs] 03/4/2024 09:45

It’s time for the shorters to get roasted.
Suet

[bookbroker] 03/4/2024 09:39

See they have a secondary listing in Singapore already, need therefore to maybe try and find more partners. But this definately being shorted!