Prudential Share Discussion Threads

[churchill2] 06/1/2019 15:29

Well we have certainly experienced a roller coaster ride recently and no doubt it will continue for some time yet. However I feel certain that 1340p will prove to be near the bottom as positive news on a Brexit solution will eventually emerge while Trump and Xi have a dual interest in sorting out their differences on Tariffs. 2018 full year results are due out on the 13th March hopefully with some spring sunshine to change the mood. Nothing in the third quarter numbers to suggest any kind of meltdown but obviously plenty to worry about. Finally Tempus in the Times has made Prudential one of his four shares for 2019.

[essentialinvestor] 02/1/2019 15:10

Yield around 3.6% on the current share price However it may be worth looking at the annual % increase over the last 5 years. PRU looks far from ex growth. The share price may underperform in falling equity markets, that would be my strong expectation!. And the reverse may also apply.

[dogwalker] 02/1/2019 12:18

Not if it's due to get to 12, it isn't !

[porsche1945] 02/1/2019 10:20

this is getting cheaper and cheaper, the floor probably around 12, brexit dragging everything down, its a pity the yield is so poor, becos its no longer a growth stock, ftse almost uninvestable these days. Got to be worth a punt around these levels tho.

[deb81e] 01/1/2019 12:36

What's the div yeild at present sp?

[essentialinvestor] 23/12/2018 11:39

Yes, however financials often hit disproportionately.

[eeza] 22/12/2018 21:04

Along with almost everything else. Armageddon deja vu. again. Happy Xmas. Give peace a chance.

[essentialinvestor] 22/12/2018 13:02

Might be worth keeping in mind with Pru, if we are entering a bear market here this may be hit very hard indeed.

[action] 21/12/2018 19:23

Thank you all.

[essentialinvestor] 21/12/2018 19:00

Yup, I had a few. Not sure this is the time to bet the farm, full stop.

[shalder] 21/12/2018 17:29

Tempted for a few this pm @ 1364. As suggested above, the split next year will hopefully unlock value. Worth a punt but not the farm...

[action] 21/12/2018 16:10

Anyone buying here ?

[rimau1] 06/12/2018 19:27

I broke my rule of not buying anything else until after mondays brexit implosion, but i couldn’t resist at 1390, insane. H1 next year this will be split into 2 unlocking serious value. Just got to keep the emotions away and continue to add, sum-of-the -parts without a bid premium somewhere between £21-£29 unless of course the world implodes...

[essentialinvestor] 06/12/2018 11:46

Thanks, appreciated. I'm adding in very small lots at intervals, I'm not even up to 1,000 shares yet.

[action] 06/12/2018 11:24

ES Support at 1495p. But If memory serves me right the uptrend started around 1250p+.

[shieldbug] 06/12/2018 09:45

Thanks Essential. Seems like a buying opportunity for the long term.

[essentialinvestor] 06/12/2018 09:28

Financials in a falling market tend to underperform.

[shieldbug] 06/12/2018 09:21

Anyone got any idea about the cause of today's price drop? Is this sentiment driven or is something happening with the company?

[essentialinvestor] 06/12/2018 09:15

That would be most appreciated ) Depending on Asian markets and the UKX.

[action] 06/12/2018 09:14

could be looking at 1325p

[rimau1] 14/11/2018 08:09

These look really good numbers, key for me is further growth in Asia Life and APE since half year reporting with Asia strong overall momentum continues. Also good to see US APE returning to growth, M&G suffered net outflows but appears to be mainly due to a single low margin redemption. Expecting a rerate here and looking forward to a post demerger sum of parts significantly higher than today.

[chillpill] 14/11/2018 07:25

Probably one of the best FTSE 100 stocks to buy and hold for the next 5-10 years. Not expensive for the growth rate.

[churchill2] 24/10/2018 10:01

Well we do not have long to wait for an indication of how Asia is performing. There is a forum in Singapore on the 14/15th November which in past years has been an update on 3rd Quarter Trading. I notice that the Brokers enthusiasm for the shares are undiminished.

[essentialinvestor] 24/10/2018 07:07

Rapid bounce back from yesterday's lows, would like an opportunity to add lower. Short term a lot depends on where markets go from here. Longer term there is a lot to like, all be it PRU may get hit hard when the bull market finally rolls over.

[hydrogen economy] 24/10/2018 06:09

The slide in PRU has been pretty dramatic along with LGEN, SLA and Av all of which are under pressure, some due to self inflicted issues. I think PRU remain the pick of the bunch with their strong position in Asia, the Trump trade war currently working against them, but is long term the source of growth. Current share price puts PRU on a forward PE of 10.5 (Adj) and 11.6 (Statutory) which implies minimal long term growth (2-4%). Well maybe, but EPS forecasts for 2019/20 are to grow 11-16% in next couple of years. Current gloom may cause some downgrade, but the population growth is Asia and demographics in China suggest current PE is more than pricing in bad news as markets often do. Sterling could bounce if the Brexit agreement turns out not to be a suicide pact after all and that would hit earnings translation and share price (if sterling is your thing). This is one of my bigger holdings but when the falling knife gets stuck in something I will be tempted to add. GLA H2.