Prudential Share Discussion Threads

[bob f2] 08/5/2010 07:06

Is the AIA takeover on or off??????????

[lyntwyn] 05/5/2010 08:17

FSA blocks Pru's $35bn buyout plan of AIA 'Shambolic' delay to rights issue publication puts British insurer's huge Asian expansion deal at risk http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7116409.ece

[hadrock] 05/5/2010 07:41

The organisation of this transaction is all over the place - how come the FSA had to make a last minute intervention? Shambles

[jonno1] 05/5/2010 07:29

I heard on the radio that the deal was being blocked, no?

[royalt] 05/5/2010 07:21

How is this bullish? They have just come out and said they are 100% committed to the deal. Thus denying rumours of PRU pulling out of the deal. They will complete as according to the timescales they initially set out.. This will get hammered today...

[jonno1] 05/5/2010 07:13

shouldn't this be bullish news, not that I'm complaining as I am short?

[grahamite2] 05/5/2010 06:43

Where's the announcement then?

[jusmasel99] 04/5/2010 12:51

Did anyone learn a lesson from RBS when they bought ABN AMRO or has Fred Goodwin joined the Pru board? If its such a great deal then why are AIG selling? AIG want to bolster their balance sheet by getting rid of a brick. In times of uncertainty stick to what you know best rather than pander to the whims of an attention seeking CEO who wants to live in Hong Kong.

[jon827] 02/5/2010 16:20

so its heading to 230 then!

[topvest] 02/5/2010 15:32

This is a disastrous move by the PRU in my opinion. What's wrong with their existing business...hasn't it served them well for a few hundred years?

[zho] 02/5/2010 09:12

From The Sunday Times May 2, 2010 http://tinyurl.com/2bq62nq Pru in shock exit from UK and US Prudential is working on radical plans to sell off its British and American businesses in a move that would raise more than Pounds 10billion.

[garry14] 30/4/2010 18:02

http://www.advfn.com/p.php?pid=nmona&cb=1272618580&article=42568947&symbol=L^PRU

[l.parker] 30/4/2010 08:38

Times: Analysts predicts Pru will report better than expected sales for Ist Qtr . Today is another good day.

[witheld] 29/4/2010 15:51

Today was a good day :)

[sandbank] 28/4/2010 11:47

WHOOMPH!! I nearly jumped out of my skin. Had the normally adroit - albeit three-legged - cat knocked something over? Had the gas boiler exploded and taken half the house with it? Had the North Koreans decided to get in their nuclear retaliation in first? ...er no. The cause of the crash was a mighty package shoved through the letterbox and thumping to the floor. ..Inside was the mighty Prudential Annual Report - all 356 pages of it. It weighed in at an incredible two and three quarter pounds (that's 200 kilograms or - I guess - about five tonnes). No wonder the postmen want a pay rise . The report told me it was printed on 50% "post-consumer waste" - whatever that means.....Well - it's now on the way back where it came from - to the recycling plant - and I'm going underweight in PRU - pronto.

[witheld] 28/4/2010 08:44

Seems like this one wants to go up... Reckon on a good day this would have been up nicely.

[jonno1] 27/4/2010 08:38

closed my SW74 see what happens

[witheld] 27/4/2010 08:10

Prudential investor could scupper AIA deal-report: http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7108969.ece

[alanrex] 26/4/2010 20:18

extremely interesting article from peston from the bbc website on Pru...Definitely reading for anyone either long or short on this stock... I suspect you will not be disappointed..

[robertfaulkner] 25/4/2010 20:03

The way I see it, if Daily Mail is correct the Nil paid price when they start trading should be around 72p (TERP 184p minus the cost of buying each new "rights" share 112p). Will they be a bargain at that price?????? Only time will tell.

[taffee] 25/4/2010 06:15

the reason to do it this way is to effectively force existing shareholders to take part

[topvest] 24/4/2010 16:10

£1, £4, £5 whatever, point remains that they are giving PRU paper away at this price and severely damaging shareholders' wealth by issuing shares at an undervalue to buy something relatively much more expensive. If PRU were bid for they would get £7-8 minimum. How long will it take to get the price back to that x-rights. Buffet, if he had a view, would be highly critical on this I suspect, as he was on Kraft/Cadbury which was not nearly so value destructive. I don't hold, but watch with interest.

[royalt] 23/4/2010 15:50

Lansdowne Partners have doubled their short position as of yesterday...Think they might have done yesterdays damage. And the day before was a tag team between Lansdowne and Mason Partners.. Shorts interest is starting to build up nicely now...and with buyers scarce on the ground I wouldnt be surprised to see it freefall next week..

[jon827] 23/4/2010 15:05

420 would be nice :-)