Prudential Share Discussion Threads

[essentialinvestor] 12/3/2020 10:29

Hi BT, a large holding for me now!. This year market has just pounced from nowhere.

[badtime] 11/3/2020 20:43

Can't get them all right

[essentialinvestor] 11/3/2020 15:48

Not my best timed entry )).

[essentialinvestor] 11/3/2020 13:06

Right, that was dry!.

From my notes fwiw ...$200 million annual interest savings on the debt passed to MNG, $170 million annual cost saving on operational costs post de-merger to come.

PRU stress they like counter cyclical investment, they've done this in the past,
re current headwinds.

PRU BOD clearly taking Third Point seriously, as the presentation appeared
to a answer the Third Point letter directly - all imv only, as always.. etc.

[essentialinvestor] 11/3/2020 11:44

Just watching the call, CEO looks tired. Perhaps the result of Daniel breathing down his neck.

[luderitz] 11/3/2020 10:12

Your probably right there EI.

[essentialinvestor] 11/3/2020 10:06

Lud, reckon we would be north of £14 without coronovirus, with ease.

[luderitz] 11/3/2020 09:48

On the face of it and all things considered they don't look to bad to me, just think what the share price would have been if Con 19 had not arrived on the world scene.

[essentialinvestor] 11/3/2020 08:38

Results look OKisk on a very quick scan, referencing slowing sales growth re the
virus in HK and China. Not sure how the market will react.

[essentialinvestor] 11/3/2020 07:09

Yup, but only to lower the holding price.

[badtime] 10/3/2020 19:05

I take it you are trading some and building a stake too?I bought Friday that was unwise! Just a few mind...happy to add but in no rush

[essentialinvestor] 10/3/2020 18:52

Added a few more today, that might look unwise in the morning.

[badtime] 10/3/2020 18:04

Sideways :)

[essentialinvestor] 10/3/2020 12:47

Third Point letter to Prudential BOD:

[essentialinvestor] 10/3/2020 11:14

Big day tomorrow with results an outsized move on the way?.

Up or down...answers on a postcard ).

[uppompeii] 09/3/2020 15:04

Haha, about 9 for me! Yay

[essentialinvestor] 09/3/2020 15:03

In a couple of months it will be 10 years since I worked in insurance,
I don't miss it!!.

[essentialinvestor] 09/3/2020 14:42

Did you manage to get any Shell in the end?.

Pru usually highly conservative on financials, at least that has been the
case up to now. They also appeared to unload a large chunk of debt to MNG
on the split?.

[waikenchan] 09/3/2020 14:34

Pru is going to fall a bit, Just think of all those high yielding investments / bond they will have made to get a return on their cash. Once the downgrades start coming on the companies they hold bonds in.....

[pineapple1] 09/3/2020 13:04

I bought this morning.....

[badtime] 09/3/2020 11:19

Anyone buying

[essentialinvestor] 06/3/2020 12:42

Thanks for the reminder, had a busy morning.