Prudential Share Discussion Threads

[f56] 20/6/2022 20:38

The only thing that matters is a transfer of power from the west to the east. Short term gov. vs long term gov.

[1jat] 30/5/2022 19:00

Their operations are now in Asia and Africa (small). The london head office is a shadow of itself and Pru will continue to move to the far east. Pru needs to retain a london base for its equity and debt financing….this will change over time. The HK and Sng listings are still low volume. Lon 9.5m ave vol HK 172k Sng negligible (54) A local bidder could extract various central costs and more of london….will it happen? Quite difficult regulatory environment to overcome, and need to pay non Asian shareholders to give up a diverse asset. It has not happened at standard chartered bank. Unlikely in my view…more likely Pru continues to dismember itself

[kanwar] 26/5/2022 10:24

If PRU move their entire operations to the East, could that lead to a possible takeover?

[1jat] 25/5/2022 16:45

New CEO starts in 9m time presumably after the 2022 results are announced? Although historically they have been early March. Nic Nicandrou is leaving as an Asia CEO is not needed when the group is mostly Asia and the group CEO is local. The share price performance is nothing to write home about…reflecting China lockdowns and HKs descent into a China annex killing off the one country two systems regime that was so successful for 20 years. Hopefully there will be a bounce when China adapts its covid policies to allow more open business, however I do fear they quite like being able to lockdown the population and control the streets when they want to.

[1jat] 15/5/2022 20:13

Long term holders will benefit…..more shares bought back….dividend secure… Did not deserve to lose 30% in five days…. Expect a retrace back to 40USD

[riskonricky] 12/5/2022 08:37

Fell well short of Q1 earnings estimates. Many novice UK holders looking to sell and don't care what price is. Its easier to sell £1 for 10p than to buy £1 for 10p

[kamz] 12/5/2022 08:17

Why has JXN price dropped so much ?

[riskonricky] 11/5/2022 18:10

Stupid reaction by sellers of JXN stateside. Maybe that will clear the final UK holders who consider the shares "free".

[1jat] 08/5/2022 21:26

Some people believe in lines on graphs.others believe in god...all double Dutch to me.

[riskonricky] 08/5/2022 16:25

?? What does that even mean

[buywell3] 08/5/2022 07:38

The chart tells the story of the PRU SP It tells no lies

[riskonricky] 06/5/2022 07:57

How do your squiggles account for the MNG and JXN splits etc etc. And changes in earnings over this timeframe?

[buywell2] 06/5/2022 00:30

My turn free stock charts from uk.advfn.com Recession comes and stays through 2023 free stock charts from uk.advfn.com somewhat grim eh dyor

[porsche1945] 09/3/2022 11:01

This and Hsbc and Standard Chartered a huge risk. HK is being absorbed into china at high speed, all these leaders are moving while they have useless senile Biden in after his Afghan fiasco and the US sure to make a mess in Ukraine, China will pick up the pieces on the cheap as per usual while basket case U.K. virtue signals. If China goes into Taiwan, which they will, these and the banks will halve or worse, whats the point? US market looking better value and with USD denominated shares you have protection, especially as sterling in perma decline, juiced by the brexit fiasco. Dump it.

[1jat] 09/3/2022 08:53

Pru results look pretty good today. Ready for a big post war bounce as long as China does not get sucked into further US sanctions.

[1jat] 02/3/2022 21:47

JXN has knocked 2021 out of the ball park. Earnings of 33USD per share….enough said, still v cheap and trading at 40% of book assets.

[1jat] 19/2/2022 16:17

China appears to be squeezing the life out of HK at the moment. An Asian focused business that has little Asian ownership /roots and may still be seen as a colonial legacy is at risk of being made a scape goat and punished by regulators and politicians alike…..I hope that will not be Pru’s fate. This should be a pivotal year no MNG or JXN for Pru to hide behind….a new CEO….a potential deal with CITIC to gain more control over the China ventures. My holding is 50% of what it was in # of shares 5 years ago….that is more of a choice to diversify than a negative view of Pru in its Asian form. If it can maintain earlier growth rates then it is a valuable business that is currently going through a transitional period of ownership which may make it unfashionable to own for a while. As Churchill says, the comparator of AIA is clear….I am looking forward to the results presentation this year in expectation that the business is resilient and recovering.

[churchill2] 17/2/2022 20:58

Hi NPP Re your comment PRU looks relatively good value at the moment. PRU in the UK is 10% down since January 1st. PRU in HK is down 3% down since January 1st. A1A in HK is up 13% since January 1st. This is our main competitor in Asia. Exchange rates have been more or less the same since the start of the year. As I have pointed out before the PRU is approximately 60% the size of A1A which is valued at 100 billion sterling whereas the PRU is valued is just over 32 billion as of today. That leaves me with a problem I reduced my holding in the PRU substantially when China started to put huge pressure on HK and although the PRU looks a bargain and I am not sure it’s worth the risk. I will have a clearer view when both companies have announced their results shortly.

[1jat] 16/2/2022 21:26

Npp There is no jackson Board, and the jackson holders are still likely to derive from Pru shareholdings, hence ok to post about JXN within Pru. We don’t do that for MNG as it has its own discussion group. Re PRU: It will be interesting to see how resilient the asian businesses have been….and how they progress in a digital world post pandemic. There are challenges ahead such as what to do with the China JV not higher % ownership is allowed. If the Board pick an outsider as CEO they will expect change, if they promote Nic Nicandrou from Asia CEO to group CEO it will be a continuity choice.

[porsche1945] 16/2/2022 17:46

Hadn’t looked at these for a while, pretty much all US investments these days but used to be in and out of these, good range bound trade in the past but the wheels seem to have really come off with it. The whole index only six hundred points above where it was 21 years ago thanks to brexit fiasco, but these are shxt even by ftse 100 dog index of the world standard.

[npp62] 11/2/2022 16:57

Why all the JXN chat on here?.. PRU looks relatively good value at the moment...

[1jat] 07/2/2022 19:54

JXN doing ok… Results due on 2 March……f they make $20 profit as forecast they are on a PE of 2. Still somewhat undervalued even for a value stock.

[wmb194] 11/1/2022 10:08

Re Jackson, hitting another closing high yesterday of $46.60, this appeared yesterday on Seeking Alpha. hTTps://seekingalpha.com/article/4478866-jxn-greenblatt-insiders-are-buying?messageid=2800&utm_campaign=4478866&utm_medium=email&;utm_source=seeking_alpha&utm_term=RTA+Article+Smart Not a particularly good article but seems some people are waking up to it. It's still relevant to Prudential as it continues to own 19.7% of Jackson and I presume any revaluation of its stake will pass through the P&L.