Prudential Share Discussion Threads

[goldrush] 11/6/2020 10:57

Did you get this resolved robbo ? They have been incredibly strong and I hope you held onto them as $1.50 looks likely this year and any further gold price increase from here will push them up further. They have just done a deal to take over Exore which ensures 500k oz production profile in 2023 onwards.

[churchill2] 05/6/2020 21:02

That was some week. Over 20% increase. Prudential and MNG are nearly back to the demerger share prices of 1286p and 220p. As of tonight PRU closed at 1264p and MNG 165p plus 36p of dividends paid out. With the headwinds of riots in Hong Kong prior to Coronavirus and further national security legislation from the Chinese Communist Party that shows a fair bit of resilience. The question is how dangerous is the latest interference from Beijing especially with the USA/China relationship deteriorating rapidly. On the other hand the Pru is in partnership with a Chinese bank and does seem to have a good relationship with the Chinese authorities but HK is so vital. Plenty to think about this weekend.

[cordwainer] 05/6/2020 17:35

.. or it may only take a relatively painless redistribution of personal wealth to reboot economies, been closing in on tipping point for several years imho dyor.

[buywell3] 30/5/2020 08:47

Having previously predicted falls on here of PRU and a bear coming 700p is now IMO a chart possibility in another USA downleg Hong Kongers are now scrambling to get out and live elsewhere ============ Why buywell has had a downer on Financials for years ============ The amount of monies pumped into holding up economies since the credit crunch have rung alarms. Most banks have not got enough cash to cope with the Covid world depression which many seasoned veterans think will be akin to the last Great Depression , which lasted years and dropped markets circa 90 per cent. Most countries won't have enough cash resources and even most major financial institutions such as the EMF for example. We have just seen the US Treasury give the FED over $425 Billion . It did so in the knowledge that the FED would leverage this money by 10 to $ 4 Trillion to keep the USA lights on. Talk of a stimulus does not cut it with buywell This money is a sticking plaster. hTtps://www.nytimes.com/2020/03/26/business/economy/fed-coronavirus-stimulus.html -------------------------------------------------------------------------------- But ALL countries in the world will be wanting money , and the only Institution which is funded to cope is the IMF with a $ 1 Trillion pot. But even that has only so much and then the well runs dry A $ Trillion goes nowhere these days , so what happens then ? Well last chance saloon will be SDR's issued by the IMF AND they are currently being discussed with the intention of using them in quantity. They have been used before buywell googled SDR's will they save the world ? Having looked into them and their creation and value , buywell thinks not Just not enough to go around in an over populated world to save everybody. And their value like paper printed money is an illusion based upon a promise. hTtps://mises.org/power-market/can-special-drawing-rights-save-world also read hTtps://www.brookings.edu/blog/future-development/2020/03/26/imf-special-drawing-rights-a-key-tool-for-attacking-a-covid-19-financial-fallout-in-developing-countries/ IMO dyor

[rimau1] 29/5/2020 15:24

Anything below £10 would be a great long term buy, just waiting for the Donald to poke the hornets nest and a limit buy of £9.80 is set but i doubt it will get there. I think the US business is in for free at this valuation and a safe secure 3%+ yield thrown in. Way too much regulatory capital being held so looking good.

[essentialinvestor] 28/5/2020 11:19

May an interesting further buying opportunity within the next month or so?. US China tensions ratcheting up over HK, PRU's most profitable market.

[buywell3] 22/5/2020 09:22

IMO Choosing the right sector is key to investing FTSE 350 Banks -3.93% FTSE 350 Life Assurance -4.63%

[mr euro] 07/5/2020 09:17

Can somebody paste the IC article from yesterday please.

[rik shaw] 29/4/2020 15:41

Listed in the 'financials' tab at the top of this page. htTps://uk.advfn.com/p.php?pid=financials&symbol=LSE%3APRU

[badtime] 29/4/2020 12:45

Cheers...when's that payable and how much? TIA

[suetballs] 29/4/2020 12:44

Dividend confirmed. Suet

[churchill2] 17/4/2020 12:28

I see that the the Pru are being very active to combat the detrimental effect of the virus on business. Wnen he announced the results on the 11th March Mike Wells said the Pru had issued a small premium cancer policy in China early February which had been very well received. On the 14th the Company raised a Billion US Dollars on the New York Exchange at 3.125% per annum payable 2030. On the 15th the Company through Mike Wells informed us that efforts to pivot business more towards a digital outcome was proving highly beneficial. I believe when we get back to a new normal after this shock to the system people wlll pay more regard to more important aspects of life. Pensions,Health Care,Insurance rather than the latest Nike shoes, televisions, foreign holidays etc. It amazes me the number of people who whenever an emergency arrives have not got two halfpennies to rub together. On the 15th he

[churchill2] 09/4/2020 16:19

Hi chasbas Did you realise that the Prufund content has gone from the Pru to M&G.

[jammytass] 08/4/2020 18:55

whats the point in having a pension savings when u could lose the lot 30 percent drop 2 mths any drop in fees? any drop in payments to the board?many will cash up and go

[jammytass] 08/4/2020 18:11

INHERITED ESTATE? fund how many billions could they give away to policy and shareholders >>>they can if they tried

[stevenrevell] 01/4/2020 08:07

I think a lot off divis will go now

[suetballs] 01/4/2020 08:02

But will our dividend be suspended? Suet

[badtime] 26/3/2020 21:52

You mean you are relieved :)

[essentialinvestor] 26/3/2020 13:15

This has turned out lovely ).

[stevenrevell] 26/3/2020 13:05

It's holding up well being x divi

[dendria] 26/3/2020 13:02

It's gone ex-div today (~$26c).

[stevenrevell] 26/3/2020 12:57

Is this x divi today

[stevenrevell] 25/3/2020 09:39

Is this x divi tomorrow