Prudential Share Discussion Threads

[churchill2] 19/5/2017 18:57

Positive statement.

Company firing on all cylinders.

Profit numbers for Asia and the States very encouraging.

Surprised at the muted response in the share price but Prudential has had a good run of late so a pause at this stage is to be expected.

[vacendak] 17/5/2017 14:42

If all fails, the divi is actually paid on Friday.
So we shall have banked something before the weekend. :)

[churchill2] 17/5/2017 14:12

Tomorrow is the Annual General Meeting.

Hopefully shareholders will be updated on current trading year to date.

A lot wlll depend on whether the rapid rate of growth in Asia has been maintained. Other factors include improvement in the situation experienced by Jackson in the States last year. Also in the UK some progress may have been made regarding the large provision made to cover the cost of the review and redress of annuity sales practices.

There is a fair amount of optimism built into the current share price so we need a positive statement. Fingers crossed.

[vacendak] 14/3/2017 09:33

Now that's a jump!

Could PRU be on its way at last for that fabled £20 a share predicted years ago?
I have yet to look at the report freshly posted today, but I guess it reads well.

[l.parker] 14/3/2017 09:19

I've had to buy another wallet.

[churchill2] 09/3/2017 19:38

Based on the Aviva results I am expecting good results. We shall see early next week.

Perhaps Mr Parker will get his wallet out again tomorrow.

[vacendak] 06/3/2017 08:50

The M&G funds performance had been pretty dismal over the past few years, so they could only improve... and they have. :)

They have escaped the "dog award" from the FT this year:

‘Spot the Dog’ report names worst-performing funds

"However, M&G has escaped this edition of Tilney’s report with three of its large funds — M&G Recovery, M&G Global Basics and M&G Global Dividend — improving their performance considerably since July."

PRU remains a good investment though, and yes, there could be a special dividend. The sale of PCA Life Insurance Co. Ltd had already been responsible for a nice jump back in November and there could be some money left to distribute indeed.

[churchill2] 04/3/2017 09:33

Figures due Tuesday week the 14th. I should imagine they will make good reading.

Funds under management with both Eastsping and MG reflecting the strength in Stock Markets around the world.

Also security backing for our liabilities and solvency should be signficantly improved and the possibility of a further special dividend.

No doubt there will be a fly in the ointment possibly Jackson in the States but the share price seems to be anticipating further progress.

[l.parker] 03/3/2017 15:36

How I love Pru, 2nd Friday I've gambled & filled my wallet, mind you, I track all
day, though, as an 88year old lay about, nothing to do. I used the winnings of
ARM & bless them. Have a nice day.

[l.parker] 31/1/2017 15:39

LETS HOPE JULIAN ADAMS TOLD PARLIMENT LAST WEEK THE UK "SHOULD NOT TO BE AFRAID TO
TAKE ACTION" RE TO HAVE A REGIME "APPROPRIATE FOR THE UK" AS BREXITE LOOMS.
SAM WOODS IS DUE TO GIVE EVIDENCE TO PARLIMENT TODAY ON THE THE ISSUE.

[its the oxman] 18/11/2016 12:14

I also hold. Prospects for growth look decent. Yield is ok. Certainly worse places to be. Emerging market exposure still not really in favour but its time will come again.

[stpalm] 14/11/2016 15:17

I've just sold into the rally, who knows where they gonna go. Divi isn't good enough for me to hang on, holding l&g where divi is better, also aviva where I think the share price more likely to rise. Pru I think is being held back by uncertainty in China. G.L though vacendak, cld see you were lonely on here so thought I'd add my 50p worth inflation! Used to b 5p!!

[vacendak] 10/11/2016 09:50

Sale of business in Korea:



This must have been a good deal. PRU is jumping by more than 6% at the moment.

[vacendak] 25/8/2016 07:57

Ex-date today: 12.93 per share, up 0.6p from the same interim last year.
As usual, steady as she goes.

Now if that share price could go back up a bit for good instead of hovering at £13-£14, that would be slightly more exciting.

[vacendak] 17/8/2016 09:52

dk37

Hello there, feeling lonely around here. Nobody seems to talk about PRU, which is odd as it seems to be traded every few seconds at times.

About the GS guidelines, I am with you there; not much trust in them but it costs nothing to hope.

The bad news are mostly from M&G, their funds are performing poorly.
"M&G and Aberdeen howlers top the ‘Spot the Dog’ funds" said the FT in a July 29th article.
I guess this is what is holding down PRU. That and the bane of low interest rates for life insurance and pension management.

[dk37] 17/8/2016 07:49

Not sure Goldman's have a great record with their recommendations but nice to see.

Prudential PLC PRU Goldman Sachs Conviction Buy 1,418.75 1,415.50 - 1,750.00 Retains

[vacendak] 10/8/2016 09:40

Some good results announced today in this RNS

[vacendak] 14/7/2016 09:36

Getting battered like most financials at the moment.
Still holding, hoping still to sell at the £20 a share that was expected not so long ago.

Holding PRU is meant to be safe and boring after all.

[robsy2] 27/6/2016 15:22

and sold them as well , some time ago thankfuly. I just came on here to see what is happening . ....

[thomasthetank1] 15/4/2016 10:30

Read Panmure's note on Prudential (PRU), out this morning, by visiting hxxps://www.research-tree.com/companies/uk/life_insurance/prudential_plc …
“Following the 2015 year end results we are cutting our operating earnings forecasts for 2016/17 by 8% and 10% respectively. Although our new EPS forecasts are lower than 2015, it is worth highlighting the latter benefitted from c£400m of one-off UK ‘management actions’. Excluding this positive impact we are forecasting further continued progress in 2016 over 2015. The 10p/share special dividend announced in February was in line with our view that Pru is overcapitalised and has excess capital to return to shareholders. Although the share price has been under pressure this year reflecting lower investment markets and others have cut their target prices we maintain…̶1;

[davr0s] 28/3/2016 10:36

Hey I am fine Churchill - just minor confusion based on incorrect advfn site - already sorted

[churchill2] 28/3/2016 09:47

Get a grip fellows. Go into the Prudential website and you will find a payment of

36.47 which includes a special payment of 10p payable 20th May 2016.

[davr0s] 27/3/2016 17:02

My apologies - looks like the advfn data wrong