Prudential Share Discussion Threads

[srichardson8] 19/8/2019 18:51

I think being adversely affected by HK demos and China-US standoff

[essentialinvestor] 19/8/2019 17:35

Not sure there is anything 'wrong', the demerger causing uncertainty
and weak emerging markets sentiment always dents the Prudential share price -
well as long as I can remember that is. If you look at a 5 years price chart
it's given to pronounced % moves in either direction.

Just my rudimentary take.

[its the oxman] 19/8/2019 17:15

Something wrong here.

[its the oxman] 19/8/2019 17:14

Nasty close.

[essentialinvestor] 19/8/2019 10:07

Happy to be proven wrong but don't think we have seen a low here yet.

[buywell3] 17/8/2019 15:12

1350p likely next week imo if markets weaken further but one never knows


unless one is a chart ace

[essentialinvestor] 16/8/2019 16:42

Lower would suit me, whether it happens is another matter.

[its the oxman] 16/8/2019 16:11

Unhelpful I guess. Stuck around 1420p. Doesn't seem to want to rally.

[essentialinvestor] 16/8/2019 14:24

High Court blocks Prudential's £12 billion pension transfer to Rothesay.
That's unexpected news.

[its the oxman] 15/8/2019 14:45

Added a few more 1425p.

[essentialinvestor] 15/8/2019 14:11

Had two small lots today and yesterday.

[westofengland] 14/8/2019 17:40

Thanks, Luderitz.

My curiosity is satisfied!

All the best

Adam Cooke

[luderitz] 14/8/2019 15:26

No real reason woe, we went to Namibia nearly 20 years ago and as you may know Luderitz is a slightly mysterious town on the SW coast of the Country so I just settled for it as my nickname.

[westofengland] 14/8/2019 13:35

Decide to have a few more at 1463p.

This is a good quality business as long as the politics don't overwhelm it.

Not a relevant question yet Luderitz -how do you come to have a name of a Port in Namibia? Would appreciate knowing if this is appropriate?

[dendria] 14/8/2019 09:32

Results out. 'Demerger expected to be completed in fourth quarter of 2019'.

[luderitz] 14/8/2019 08:07

Oh are they, thank you both.

[shieldbug] 14/8/2019 08:07

9:30AM last year

[wynmck] 14/8/2019 07:57

usually 9 or 10 a.m

[luderitz] 14/8/2019 07:31

Nothing out yet are their Interims always late?

[mo123] 13/8/2019 17:18

This is on proactive today for anyone who hasn't seen it.

UBS expect Prudential to post operating profit of £2.62bn for the first half, up 9% on last year.

“This is driven by Asia £1.1bn (up 20% year-on-year , +4% vs cons), US £1.28bn (up 28% due to DAC benefit, +10% vs cons), UK £0.35bn (up 65% due to management actions, +11% vs cons), M&G £0.25bn (-8% y-o-y, in-line vs cons) and Eastspring £0.1bn (up 6% y-o-y, -4% vs cons),” they said.

The analysts predict the value of new business rose 6% to £1.89bn. The interim dividend is expected to be raised by 5% to 16.45p, representing a third of the 2018 dividend.

[shieldbug] 13/8/2019 16:38

Tomorrow we will find out if Mike Wells is correct in his repeated assertion that Prudential does well in risk-off environments (the company not the share price).

[its the oxman] 13/8/2019 15:25

Should have piled in at 1450p now 1500p again. So difficult to know.

[its the oxman] 13/8/2019 12:23

Bargain price, but is it the low?

[shieldbug] 13/8/2019 10:05

If we do dip under £13.5 lets hope it is today, ahead of the results and not tomorrow after them.

[essentialinvestor] 12/8/2019 16:20

If we dip under 13.50, that's usually an interesting area.
May not happen.