Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.00 1.23% 1,319.00 1,316.00 1,316.50 1,325.50 1,306.50 1,309.50 5,443,361 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 24,931.0 3,635.0 116.9 11.3 34,266

Prudential Share Discussion Threads

Showing 1726 to 1750 of 2150 messages
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DateSubjectAuthorDiscuss
25/5/2010
20:09
A great deal for shareholders then!...I'm not a holder, but if I was I wouldn't be happy at all.
topvest
25/5/2010
11:40
this will go to the offer price of 100p....soon only a matter of time...........
binladin
24/5/2010
07:09
A wright up by midas in the sunday mail yesterday anyone have the link. TIA
shrule
21/5/2010
08:17
Ta kunama, I was too focussed on the numbers of shares to look at the balancing of cash
betman
20/5/2010
17:59
Hi Betman You are forgetting to add in the price of the rights issue. If you add 11 x 104p * 50 (100/2) then your figures will work out fine.
kunama
20/5/2010
16:14
They are not yet ex-rights.
deanforester
20/5/2010
10:56
Normally I am very happy calculating theoretical ex rights prices ( my calcs on todays National Grid work fine )but it seems to be going wrong for me on PRU when rights were announced price was say 542p for every 100 shares held (value £542) , will get another 550 ( 100 *11/2 )so total 650 542 / 650 = 83.3p ( value £542) quoted figure was about 171.3 where have i messed up ?
betman
18/5/2010
20:41
I decided to bail out today. Haven't got enough cash in my ISA to fund the rights, and I'm not too sure about them going forward. Not many take-overs benefit the company taking over. Switched into BRE instead. It's not a life-co, but the yield is good, better than PRU, and it keeps me in the overall insurance sector.
deanforester
18/5/2010
20:40
Interesting article at http://www.financeasia.com/News/175004,prudential-prices-21-billion-rights-issue-at-39-discount.aspx Very long but an interesting snippet that my alter the arbitrage tactics in the rights period. Emperors new clothes???? According to a banker, the rights are expected to be actively traded, which should help ensure a large take-up of the issue. As announced earlier, the listing in Hong Kong, which is a dual primary listing, will be through introduction only, meaning Prudential will not issue any new shares. However, the three underwriters of the rights issue will act as liquidity providers to ensure that the demand from Hong Kong investors is met even if not that many existing shareholders chose to transfer their London-listed share to Hong Kong from the start. This will mainly be done by them short-selling the shares to Hong Kong investors during Hong Kong trading hours and then buying them back in London later in the day. Any potential profits or losses made from these transactions will be kept by the liquidity provider. The fact that this contingency is put in place suggests that the stock exchange is worried that the immediate demand will outweigh the supply to an extent that it might otherwise have pushed the price sharply higher. That happened when Asian Citrus listed through introduction late last year, and prompted the Hong Kong Exchanges and Clearing to call for a system that would ensure orderly trading.
kunama
18/5/2010
10:24
In fact if you bought these shares today and bought the rights issue, the breakeven share price would be £1.66 aprox.x rights.
jelenko
18/5/2010
10:15
would not touch this with bad money massive risk
stewart83
18/5/2010
10:09
Careful. It does make a difference to those unfortunates that cannot afford to take up the rights. I calculate that this will trade around £1.50 x rights. Also there is no such thing as an "expert" especially on Bloomberg. They get paid to say whatever the USA desires.
jelenko
18/5/2010
09:45
the pricing of the rights is not a dilution. it makes no difference at all as you can sell your rights. it makes no difference to the yield if you sell or buy provided that when you sell your rights you invest the proceeds well. so much drivel talked about dilution. even if they issued 24 bn shares at 50p it would make no difference. the only issue is, are they spending the 12 bn well? this is not an opportunity to buy cheap shares as an 'expert' said on bloomberg. do the sums. it makes no difference at all. even 48bn shares at 25p....just the same outcome.
careful
18/5/2010
08:31
You're over here, too, MontyHedge! The penniless buffoon strikes again!
beardmore
18/5/2010
08:27
Diku cheers.
aussiedonnie
18/5/2010
07:29
Shareholders dilution, massive discount crazy.
montyhedge
18/5/2010
07:28
Certainly paying way over the odds for this company.
montyhedge
17/5/2010
21:26
aussiedonnie...timetable below.. Dealings in Rights Issue Shares, nil | 8.00 a.m. on 8 June | | paid, commence on the London stock | 2010 | | Exchange | | +---------------------------------------+----------------------+ | Existing Shares marked "ex-rights" by | 8.00 a.m. on 8 June | | the London Stock Exchange | 2010 |
diku
17/5/2010
20:46
so why is the share price holding up so well ?
uppompeii
17/5/2010
20:41
104p...you have to laugh. Seriously, how can a FTSE 100 issue shares at a 1/5th of the market price and keep a straight face!! There is no distress. They didn't need to do this deal. What if they had received a takeover offer at twice this price? PRU would have laughed, but they are happy to issue shares at this ridiculous price. It's a shocking revelation on how not to run a listed business.
topvest
17/5/2010
12:51
Probably..long awaited timetable for RI due very shortly...
diku
17/5/2010
10:22
When do you think it will go ex rights (mid june)?
aussiedonnie
17/5/2010
09:55
Trading opportunity will come after ex rights for medium term holders...
diku
17/5/2010
09:31
shouldn't this of tanked this am
jussyman
13/5/2010
09:03
Some people with knowledge of the situation were hopeful that the approval would not take more than 24 hours, meaning there was a chance that the rights issue could be launched on Friday. http://www.ft.com/cms/s/0/d00f565c-5e01-11df-8153-00144feab49a.html?ftcamp=rss
jon827
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