Prudential Share Discussion Threads

[dmf] 02/3/2010 15:38

Shareholders still have to give the ok for the deal to proceed !

[taffee] 02/3/2010 15:35

pru board must resign or be stopped this is a potential disaster..and to fix the price for april can only mean someone's gonna make a packet...what planet are these people on?

[jumpin_jackflasher] 02/3/2010 15:34

bin. get back to hawk, the kind doctors know you there and you'll be looked after. now say sorry to these people and come with me.

[binladin] 02/3/2010 15:31

No i make a 100 million.

[dmf] 02/3/2010 15:31

There was comment that the offer could only be made following the appreciation in the share price of the PRU - it must call into question this deal if share price continues to decline.

A further negative is exchange rates £/$ this will hit the PRU hard if £ is expected to reach parity with $

[debbiegee] 02/3/2010 15:29

Personally I think were doomed
Times article just gave a quick false hope
Like how the takeover offers came rushing in for lloy hbos tw. etc as they had rights issues ?

[taffee] 02/3/2010 15:27

pru board totally discredited imo....no lessons learnt..no shareholder value in a £15 BILLION rights issue...totally pointless aquisition

another rbs/hbos more like

[binladin] 02/3/2010 15:22

dilute something 6 times over.
from 600p to 100p............
every single hedge fund in the world would be shorting this at the moment.......

[binladin] 02/3/2010 15:19

100p i my target.................

[grahamite2] 02/3/2010 14:59

Most interesting comment to date, Alanrex! Yes, that would explain why it hasn't gone down further.

Anyone having a crack at this needs to make sure to have plenty of margin for the unforeseen.

[alanrex] 02/3/2010 14:54

Interesting comment on FT markets live that if the share falls a lot, there is a possibility of a takeover approach for PRU ala Natwest/Legal & General and then Bank of Scotland. Also the opportunity for an asian giant to overtake talks with AIA...

Would all be interesting...

[dmf] 02/3/2010 14:39

Can't help but feel that there will be massive dilution in share price, if the deal does proceed !

[binladin] 02/3/2010 14:33

100p is where this is going.............

[alanrex] 02/3/2010 14:30

ouch. i closed my short earlier. not a pretty site if you are a holder. im surprised by the length of time this is going to take to get the rights issue off the ground.

[ludlow3] 02/3/2010 13:17

i am glad i sold these last week at 605p is fred goodwin now incharge

[diku] 02/3/2010 12:54

Wonder if Mr Buffet could get into PRU via the back door on this price weakness!..

[dmf] 02/3/2010 12:43

Looking to get in at sub 300p !

[aspers] 02/3/2010 12:23

OK I will dip my toe in at 380P think that may be the support level :-)

[diku] 02/3/2010 12:15

PRU board are playing a very smart game here...doing an acquisition and raising money whilst the share price has outperformed...just like the western boom and bust cycles when the Far East bubble do burst likes of HSBC, STAN and now PRU will suffer big time...

[binladin] 02/3/2010 12:07

market cap 12billion deal size 36billion
dilution will be 6 times all things being equal------------
that is 100p per share i can wait..........

[mercury123] 02/3/2010 12:00

Exactly what I am doing!