Prudential Share Discussion Threads

[sigmund freud] 29/1/2025 14:27:12

right now lots of my holdings with inherent value have been going up. i don't quite know what to do with myself. pru is hopefully making some form of attempt to climb from decade lows. its numbers look good.
i'm moving from chateau lidl to chateau lafite if it gets to 1270. broker note is very nice to hear just now.
right now i want it north of the 200mda around 680-700p range.
going all in above 720p, it might be my personal trade of the decade.

[action] 29/1/2025 13:22:25

I will be happy with 855p...

[davius] 29/1/2025 13:09:04

UBS raises Prudential price target to 1,270 (1,200) pence - 'buy'

So quite a way to go then...

[action] 29/1/2025 12:46:36

China etf are up a lot in last week. This must cross 685p and 710p soòòn...

[salver2] 27/1/2025 19:00:32

All good points-thank you

[sigmund freud] 27/1/2025 18:00:00

as to specifics i have no idea salver.
however china is a big market for pru and their wealth management
so can only assume if the china economy is hit, pru is also indirectly
the nightmare situation is if they get to the point of treating any contact with china as they currently do with iran. but if it got to that point, i'd have bigger things to worry about than the pru sp
my guess is that any china deal is a plus for pru, and atm even no news is good news

[salver2] 27/1/2025 17:45:38

Can anyone explain how a Trump tariff would affect Prudential

[sigmund freud] 24/1/2025 12:35:33

latest trump ramblings say now only 10% tariffs on china. i do wonder how much that fear also has to do with the weakness of share price over last 6-8 months. he is a businessman. he likes to negotiate and get good deals. he knows there is too much to lose from an all out trade war. i doubt one is coming. expect handshakes and smiles all round in beijing within 12 months. trump 2 likley to be peak US. he will of course bankrupt the place, but since when has he worried about debts?
pru is not just about china mind.
and if it does fall back to 600p i have a shed load more to invest. drip feeding other divvies into this in the meantime

[action] 23/1/2025 11:30:49

Back to 600p if no stimulus from China again ?

[thaisi] 17/1/2025 15:31:41

In big here @6.25 when is this spike going to crumble?

[sigmund freud] 14/1/2025 15:56:31

£600m in trade deals sounds like pennies for China. and not a lot for us.
Interesting to hear Chair of PRU was there though. only thing to negate it was that someone from abrdn was there too.

PRU has a p/e of 8-9, yield of 2-% but consistently covered 4-5* (someone please explain why different websites have so varied financial calcs). last year's peg was 1 and eps growth 12%, but with endless buybacks the latter 2 will look even better soon.

it does indeed look like where the banks were 18-24 months ago. and i made a shed-load from them!

PRU based in a growth region which has rapidly-expanding wealth. chatter re a potential partial sale of eastspring.

it is possible that the Trump inauguration is peak china-related share despair, and all his BS will turn out to be just that.

my direct line shares are getting sold to average down my PRU again

[mr hangman] 13/1/2025 21:01:49

Rachel Reeves, you are joking

[warrenbuffet73] 13/1/2025 20:59:42

We certainly come across as a bit desperate.

Having said that, if China wants to improve its relationship with the USA then using the UK could bring benefits. Surely Rachel Reeves is credible enough to do a good deal. I hope so.

[covid 19 deal] 13/1/2025 12:57:26

This nation is broken ..now turning into beggars

[warrenbuffet73] 13/1/2025 12:48:18

Let’s hope Pru can promote their expertise to the Chinese market.

[warrenbuffet73] 13/1/2025 12:47:44

See in the FT, delegation visiting China included our very own Shriti

Bank of England governor Andrew Bailey is also on the trip, along with Baroness Shriti Vadera, chair of insurer Prudential, Sir Douglas Flint, chair of fund manager Abrdn, and Richard Oldfield, head of asset manager Schroders.

[covid 19 deal] 13/1/2025 07:28:26

If I am a trader rather than investor..if I am short on a share through cfd, spread bet and option....i hate to share price to go up by 1p and develop any positive sentiment..hence me and my people post of forums detrimental informations to support my short positions

[warrenbuffet73] 13/1/2025 06:59:26

I completely agree, treble bottom. When trump visits china and few tariff changes come through I suspect we’ll jump back up to £7 again.

I haven’t seen any news on Eastspring, another catalyst for the share price

[warrenbuffet73] 13/1/2025 06:52:58

The disparity between the share price over time between the actual and broker targets is like Barclays was in 2023 before it shot up from Feb 2024 to double that price last week. It’s just a matter of time before the price is catapulted in the right direction.

[sigmund freud] 10/1/2025 12:49:05

sadly £6 was not my initial price, suet. averaging down is the euphemism. If only once this would average up! Perhaps Trump will say he is annexing Guangdong next, is that the only thing that could push it further down?

[suetballs] 09/1/2025 18:23:28

I decided to accumulate at £10!!! And still hold with an average of £9.48.
Sigmund I think you’ll do more than ok at £6.
GL everyone.
Suet

[sigmund freud] 09/1/2025 17:15:08

Some of these posts sound so angry, I can only assume there has been a bereavement of some kind going on. So I thought I would add a Coppock Curve indicator to the PRU chart. I gather the indicator comes from a religious view of how long it takes to get over a bereavement. I think it might be turning up.
Fundamentals seem good. Trading statement seems good. A lot of the negativism seems to be about China, and perhaps what the incoming Trump has views on. However he is currently spouting so much BS (Greenland invasion???) it makes it obvious that it is all BS, that perhaps it is time to back South East Asian economies and ignore the BS. And the companies that earn profits there.
I am calling a potential treble bottom. I thought this had happened last summer, only to be kicked by another fall.
Am accumulating.

free stock charts from uk.advfn.com

[cos1959] 08/1/2025 13:56:44

whats going on here total disaster.

[covid 19 deal] 07/1/2025 11:21:34

Its a fvukingbroke country .who buy this countries share...all it to be shorted...Market is in US .dollars trades..10 to 20 percent up a day...this fvuking country even struggling to move up 1p