Prudential Share Discussion Threads

[red5] 10/8/2019 12:52

so are we expecting good results or not from this one?

[marksp2011] 08/8/2019 08:47

This is now my largest direct equity holding
:)

[essentialinvestor] 07/8/2019 14:46

Bought a very small amount at 15.035.

Think this may be available lower down fwiw, let's see.

[shieldbug] 07/8/2019 08:35

I seem to remember an analyst asking why the dividend was not up more than 5% at the annual results presentation. The answer was the company is being conservative in advance of the demerger. In any case Prudential is a dividend growth story rather than an income story like Aviva.

[churchill2] 06/8/2019 10:06

Hi Alfred

Prudential decided some time ago that expansion into Asia especially China and Hong Kong,India and Africa where future prospects for better growth were to be found rather than Europe and the USA.

Aviva and L&G are more domestically orientated but pay larger dividends in exchange for lower growth.

However operating in China and India is far from easy as we have seen in Hong Kong where the Chinese are trying to impose their system. That and the current exchange problems plus trade disputes is reflected in the worldwide drop in share prices.

Very simplistic explanation but half time results due on the 14th so you can judge for yourself. Perhaps an increase in the dividend although I would not classify the current dividend as miserly.

[alfred] 06/8/2019 08:32

Miserly dividend, so why don't the profits retained for reinvestment show a better return?

[its the oxman] 05/8/2019 16:22

And me 1505p

[its the oxman] 02/8/2019 14:43

Time to buy then

[churchill2] 04/7/2019 14:08

I have just waded through the M&G Prudential Investor Conference Presentation all 124 Pages held yesterday.

Presumably in readiness for the upcoming separation from the international part of the
Pru.

What did I learn. One that the savings investment business is very competitive and secondly a lot depends on continuing upward trends in Stock Markets.

Hopefully Markets will still be accommodating when the split is finalised whenever that is in the not too distant future.Certainly on a good run currently.

[parvo] 07/6/2019 15:17

sorry wrong board

[carlsagan1] 19/5/2019 16:02

ii have decided to up there fees again from june 10th its £9.99 per month up from £22.50 a quarter

Any recommendations?

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

I invest longterm, dont want to pay for tradeless months

[essentialinvestor] 13/5/2019 13:36

Parvo, in a word, Yes.

PRU is often a risk off/risk on play on wider equity markets,
particularly Asia/China sentiment.

It usually outperforms on positive market sentiment,
and the reverse also applies.

[westofengland] 13/5/2019 13:32

Parvo, I suspect you are right.

Nonetheless, its a remarkable business and we will see more evidence of this as the year progresses.

[parvo] 09/5/2019 16:45

Is this just about China - USA Trade Tariffs?

[nigelbarker] 17/4/2019 15:35

might something happen over easter

[rimau1] 16/4/2019 22:30

Hi Churchill, absolutely agree. Ping An were rumoured to have approached Prudential last summer informally with a view to bidding for Prudential Asia, a deal makes perfect sense. Interesting times ahead, it would have to be a very attractive price to be successful. Progress on trade deal talks also helping the share price I imagine. I recently added G4S and hold Smiths which both have similar attractive drivers to Pru in terms of demerging quality businesses and possible takeouts.

[churchill2] 16/4/2019 19:27

Hi rimau1

Another couple of storming days. The share price has risen so strongly one wonders if there is something going on in the background.

I am not convinced it is the demerger process which has still a fair way to go.

The news that the Chinese government is opening up the pension market has huge potential but that again is some way off.

Is it possible that one of the huge Chinese financials is interested in buying the Prudential Asian business. I notice that Ping an was up 4% overnight near its all time high so has plenty of fire power. There are several other candidates.

I may be clutching at straws but the rise in the last couple of weeks even allowing for comparisons with Aviva/Legal& General which also have done well are quite dramatic.

[rimau1] 08/4/2019 07:17

Tipped in the Sunday Telegraph Questor column over the weekend. It actually mirrors what i said here last week re the demerger and replicating the success of WTB, also highlights Smiths Group as one to watch for adding value via demerger.

[rimau1] 04/4/2019 16:39

Most insurers have rerated recently as the risks of a hard brexit reduce. Pru also benefits from the positive china trade talks. I had my last top up at under £14, very confident that the sum of parts here is north of £26 and value will crystalize post demerger. At the current price the UK business is pretty much in for free. With a 2 year view demerger stories are almost always one way bets, WTB last year and Smiths and Pru next year, just continue to add on the dips and be patient.

[churchill2] 03/4/2019 20:35

Continuing the Roller Coaster ride. I make it nearly 7% increase in the last three days. Presumably based on better news from China.

If I am right some of the increase could be the Pru buying back shares in lieu of dividend payments to shareholders.

I was looking at the Ping An share price this morning where their recovery from the low point is even more substantial than the Pru.

Interesting times.