Prudential Share Discussion Threads

[wynmck] 31/1/2023 11:52

Barclays cuts tgt price to 1518 (1585) Overweight

[wynmck] 18/1/2023 10:53

JPMorgan raises tgt price to 1750 from 1500-Overweight

[wynmck] 16/1/2023 10:27

Jeffries Buy and raises price tgt to £19.00 from £16.25

[1jat] 13/1/2023 11:49

This rally looks like it could still have some way to go……the rise shows no sign of levelling off although it must do eventually (will CNY cause a pause?)

It is still cheap by historical standards…..which we may hope for a return to.
If you are anchored against a Pru share price of £15, that needs to be upped by the decline of £ against the $ making it more like £17.50/£18

[wynmck] 10/1/2023 10:29

D.Bank BUY and raises tgt to 1450 from 1400

[wynmck] 09/1/2023 13:37

Exane cut to underperform from neutral thursday
Morgan Stanley raise tgt price today 1511p from1380

[1jat] 04/1/2023 09:32

This years results announcement will be interesting more for what they suggest about forward direction rather than the last year of full covid restrictions in China.

The bounce back to £12 has been rapid indeed…..will it go all the back to £15 we will need to see, but in $ terms still looking v cheap.

[wad collector] 03/1/2023 22:59

That's a 9 month high.
Pretty low profile for a £32 Billion company , guess that's part of being on the AIM.

[1jat] 13/11/2022 19:29

It seems to me there is lots of upside when China changes its approach to Covid…

[wynmck] 11/11/2022 08:43

slight easing of covid restristions announced in China

[suetballs] 11/11/2022 08:06

Moving back towards £10.
Nice.
Suet

[wynmck] 04/11/2022 13:46

Press conference China tomorrow re covid restrictions-another good bounce on that news

[wynmck] 01/11/2022 08:14

Hong Kong rally on social media reports of reopening in March....
Chinese Foreign Ministry says "not aware of situation"
nice pop up anyway (for now?)

[mo123] 28/10/2022 09:07

Does make you wonder where they are heading una, just as capital outflow gathers pace in Asia.

[unastubbs] 27/10/2022 01:31

hTTps://archive.md/ThVHI

Prudential pivots to Asia just as regional storm clouds gather

[suetballs] 24/10/2022 08:08

Yes that's just today - the overall downward trend is even more depressing.
Suet

[mo123] 24/10/2022 08:00

It's just reflecting the chunky fall in the Hang Seng.

[suetballs] 24/10/2022 07:37

All looking pretty grim here.
From great company to ......
Suet

[porsche1945] 03/10/2022 12:51

Shocking whats happened to these, being listed on dog index basket case U.K. and in a terminal currency nobody wants assets in not helping either. Look terminal, they were not doing any good even before meltdown.

[1jat] 16/9/2022 15:49

Pru gets added to HKSE indices in 10 days time….it is a small step towards increasing HK ownership….with Connect status to be added after that. Valuation is driven by London at present and that needs to move to HK. This is inevitable although the elapsed time could be long. My view is that the valuation gap to AIA will close but the extent will also depend on similar operating performance. Of course AIA could fall towards Pru rather than Pru rise to AIA.

[churchill2] 13/9/2022 10:04

Interestingly the Pru share price in HK this morning is 89.85 HK dollars. At the current exchange rate 1088 dollar to the pound eguates to 977p.
Seeing as the HK Stock Exchange was closed Monday and fairly neutral today suggests the lead comes from London reinforced by the fact A1A was down today.

[churchill2] 09/9/2022 14:36

Hi 1jat
Guess the weakness of the pound against the HK dollar has not helped.Since my last post 1702 on the subject around 15 per cent.Looking at the half year numbers in US dollars the Pru is still greatly under valued versus A1A. For example A1A is valued in sterling terms around a 100 billion. The Pru is about 60 per cent the size of A1A so you can draw your own conclusion.

[1jat] 02/9/2022 16:07

Today the FT penned an article including a chart showing 30% underperformance of Pru v AIA.
The local shareholders need to buy more Pru, it is cheap (maybe there is a reason for this but 30% change in 2022 seems a bit overdone)

[wynmck] 02/9/2022 15:04

well we got sub £9 yesterday 878 low
nice bounce today-will it last?