Prudential Share Discussion Threads

[shaker44] 05/1/2020 13:13

I think the down turn in the Chinese economy has hit them hard. Unjustifiably in my view. Chinese govt is smart and 2019 was just a road bump in their middle class growth in my view. I have several Chinese friends who share views on business etc, and I use both Alibaba and Huawei. Both 1st rate in my experience. Pru is a great lockaway for me.

[xtrmntr] 05/1/2020 11:51

PrudentialNext up, financial services group Prudential (LSE: PRU). What appeals to me about PRU is that, after its recent demerger with M&G, the company is largely focused on the savings and insurance needs of those in Asia.Why is this such a big deal? Simply because incomes across Asia are growing at a rapid rate. Indeed, by 2030, Asia will represent 66% of the global middle-class population, according to projections from the Organisation for Economic Co-operation and Development (OECD), up from around 54% today. This rise in wealth across Asia is likely to create a strong demand for financial services products such as savings accounts and life insurance.Source: Prudential Prudential shares have been a little out of favour recently due to the trade war situation and the protests in Hong Kong. I think this has created an attractive buying opportunity for long-term investors. Currently, the stock's forward-looking P/E ratio is just 10, and the prospective yield is about 2.8%.

[joshuam] 18/12/2019 21:47

Higher highs and higher lows here we go

[joshuam] 28/11/2019 00:26

Algo attack or what

[cordwainer] 27/11/2019 16:01

Including the M&G shares, I'm up about 14% since August. Starting to regret not adding below £13 recently.

[its the oxman] 18/11/2019 18:47

Certainly a lot of bad news in the price. Got to be a buy.

[essentialinvestor] 18/11/2019 16:15

Added a small amount under 12.95, expected around 1260/70 today, a bit out on that one.

[essentialinvestor] 18/11/2019 14:07

There is another way of looking at this - given the backdrop PRU
has been remarkably resilient.

Add on M&G and the share price is well north of 15, the pre demerger price got down to just
over 13 a few weeks back.

[eeza] 17/11/2019 22:44

"There are large fires at entrances to the Polytechnic University (PolyU), where protesters have been hurling petrol bombs and shooting arrows at police from behind barricades.

Officers earlier warned they could use live ammunition if protesters did not stop attacking them using such weapons."

[essentialinvestor] 17/11/2019 22:34

Lower tomorrow would think.

[luderitz] 13/11/2019 14:45

The only logical conclusion , I’m surprised it’s taken them so long.

[parvo] 13/11/2019 14:16

I think Chinese troops will soon be on the streets; they are already in HK.

[essentialinvestor] 13/11/2019 08:50

Hong Kong looking increasingly grim.

[its the oxman] 21/10/2019 22:41

We have had a very modest uplift, just hope there is more to come.

[westofengland] 21/10/2019 12:29

The important news, as Bambo conveys, is that the aggregate value of PRU and MNG is over 1600p. We are on our way to a better valuation for both businesses. Hooray!

[cordwainer] 21/10/2019 11:43

Nothing on Fidelity yet :-(

[rik shaw] 21/10/2019 11:42

Now showing in Selftrade account

[shaker44] 21/10/2019 11:07

Iweb now showing shares but no value!they say it will be updated overnight.

[dk37] 21/10/2019 10:00

M&G showing on HL

[bambo1] 21/10/2019 09:53

Looks like we are making around 5% gain from this demerger, I think.

[bambo1] 21/10/2019 09:41

Thanks Skinny.

[bantam175] 21/10/2019 09:06

AJ Bell not showing yet. Rang them and all is well. Should show later today.

[skinny] 21/10/2019 09:02

From the RNS :-

bambo1 - yes.

CREST accounts will be credited with M&G shares shortly after 8.00am today. It is expected that M&G shareholders with holdings in certificated form will be sent share certificates in respect of their holdings of M&G shares by 31 October 2019.

[martindjzz] 21/10/2019 08:59

No MNG shares yet credited to my Hargreaves account as of 8.57am.