Prudential Share Discussion Threads

[chasbas] 31/1/2020 17:48

I would be astonished if PRU had a big potential corolavirus exposure to losses from life insurance because most/all companies buy life reinsurance, just like general insurance. Sell Munich Re or Swiss Re if you want to. I agree with churchill that a boost in demand for PRU's life/health should be a very positive business outcome.
Jackson is a good business with an excellent long term record....remember that they have a strong position in the US market which is probably the biggest in the world for their annuity products and asset management. PRU is extremely well positioned for growth if you can see through short term issues

[essentialinvestor] 31/1/2020 15:55

What about the claims book, are PRU the main underwriter on their life covers?,
Or is the risk, or some of the risk elsewhere..

[churchill2] 31/1/2020 15:49

I take a contrarian view in that the coronavirus outbreak will give a huge boost to Health and Protection products sold by the Pru throughout Asia.

I would hope that the Pru are actively trying to sell Jackson in America.
There appears to be a number of companies over there with inflated share prices. Or alternatively a demerger on the lines of M&G.

[essentialinvestor] 31/1/2020 09:22

Would guess she has strong connections in the regions PRU is looking to grow.
Might be an astute move.

Surprised PRU has held up this well given the backdrop.

[meijiman] 31/1/2020 09:18

The only thing she believes in is accumulating power and riches for herself....therefore very much the sort of person Mandelson would like.

[essentialinvestor] 31/1/2020 08:58

Her personal politics are irrelevant, been a board member since 2010
and worked for UBS prior to entering politics.

[essentialinvestor] 27/1/2020 10:07

Near £13 would think, at least.

[luderitz] 26/1/2020 22:06

The more I hear about China over the years the more I really don’t want to visit.

The negative Pru share price performance should be temporary so not to concerned.

[essentialinvestor] 26/1/2020 12:40

Available around 1380 tomorrow?. Or lower.

[essentialinvestor] 20/1/2020 08:28

Reports of the virus in China need to be kept an eye on.

PRU benefits from Chinese visitors to Hong Kong.

No talked Any travel restrictions at this point,
however if this story develops it could possibly deter travelling?.

[essentialinvestor] 17/1/2020 11:35

Unloved atm, due a move up?.

[its the oxman] 16/1/2020 10:19

Can someone tell me why we are back to 1400p. Come on Pru.

[essentialinvestor] 16/1/2020 09:03

Added a small amount, however if we get any equity market volatility,
particularly given a very weak HK economy, I would expect lower levels, just imv.

Equity markets are becalmed atm, will that last?, Not so sure.

[bookbroker] 16/1/2020 09:00

Kyle Bass been forecasting the implosion of the Chinese financial system for years, US likely to go first the rate they are running up the national debt!

[shieldbug] 16/1/2020 08:52

Kyle Bass said in an interview with Bloomberg yesterday that he is predicting a fully fledged banking crisis in Hong Kong. He specifically mentioned HSBC and Standard Chartered in the interview, neither of which moved significantly yesterday. Could be a man in search of a financial crisis?

hxxps://www.youtube.com/watch?v=_9LFCF2-t7c

[marksp2011] 16/1/2020 05:16

Lower interest rates are bad for banks and pension providers and insurers

[luderitz] 15/1/2020 18:21

L&G down 2% as well so sector specific I expect.

[essentialinvestor] 15/1/2020 17:08

Just had a look on the IR site and just the FY results early March
from what I can see - unless there is an unscheduled update!!.

[essentialinvestor] 15/1/2020 17:04

May be an update due?, Haven't checked for a while.

[its the oxman] 15/1/2020 16:57

Why today's fall?

[cravencottage] 07/1/2020 20:44

PPE of just 10 and yielding 2.8%

One to tuck away IMV.

[martindjzz] 06/1/2020 22:56

Essential, you were right about today. I have been adding since 2015 and it now has an above average weighting in my portfolio. We live in hope.

[essentialinvestor] 06/1/2020 19:43

Bought a couple of small lots today.
Agree that PRU looks a great longer term hold- if you can live with the volatility.

[essentialinvestor] 06/1/2020 08:28

mart, PRU rarely bucks emerging markets falls. And Monday was a weak season
for many EM's.