Prudential Share Discussion Threads

[buywell3] 22/5/2020 08:22

IMO Choosing the right sector is key to investing

FTSE 350 Banks
-3.93%

FTSE 350 Life Assurance
-4.63%

[mr euro] 07/5/2020 08:17

Can somebody paste the IC article from yesterday please.

[rik shaw] 29/4/2020 14:41

Listed in the 'financials' tab at the top of this page.

[badtime] 29/4/2020 11:45

Cheers...when's that payable and how much? TIA

[suetballs] 29/4/2020 11:44

Dividend confirmed.
Suet

[churchill2] 17/4/2020 11:28

I see that the the Pru are being very active to combat the detrimental effect of the virus on business.

Wnen he announced the results on the 11th March Mike Wells said the Pru had issued a small premium cancer policy in China early February which had been very well received.

On the 14th the Company raised a Billion US Dollars on the New York Exchange at 3.125% per annum payable 2030.

On the 15th the Company through Mike Wells informed us that efforts to pivot business more towards a digital outcome was proving highly beneficial.

I believe when we get back to a new normal after this shock to the system people wlll pay more regard to more important aspects of life. Pensions,Health Care,Insurance rather than the latest Nike shoes, televisions, foreign holidays etc.

It amazes me the number of people who whenever an emergency arrives have not got two halfpennies to rub together.




On the 15th he

[churchill2] 09/4/2020 15:19

Hi chasbas

Did you realise that the Prufund content has gone from the Pru to M&G.

[jammytass] 08/4/2020 17:55

whats the point in having a pension savings when u could lose the lot
30 percent drop 2 mths any drop in fees? any drop in payments to the board?many will cash up and go

[jammytass] 08/4/2020 17:11

INHERITED ESTATE? fund how many billions could they give away to policy and shareholders >>>they can if they tried

[stevenrevell] 01/4/2020 07:07

I think a lot off divis will go now

[suetballs] 01/4/2020 07:02

But will our dividend be suspended?
Suet

[badtime] 26/3/2020 21:52

You mean you are relieved :)

[essentialinvestor] 26/3/2020 13:15

This has turned out lovely ).

[stevenrevell] 26/3/2020 13:05

It's holding up well being x divi

[dendria] 26/3/2020 13:02

It's gone ex-div today (~$26c).

[stevenrevell] 26/3/2020 12:57

Is this x divi today

[stevenrevell] 25/3/2020 09:39

Is this x divi tomorrow

[churchill2] 22/3/2020 18:46

Hi Stig

Yes there is a serious risk to the business but compared with other companies across a broad spectrum Prudential is in a better place than most.

If you read the transcript of the full years results presentation on the 11th of March Mike Wells gave an update on the Corunavirus in which he pointed out the virus had not impacted financially on us yet. No glut of claims.

Whether this suggests they can protect their asset base(not forced sellers)remains to be seen. So difficult to judge where we go from here but we all know depending on the news flow the share price swings will be astonishing. However there is a bright future out there eventually.

[the stigologist] 21/3/2020 16:51

Isn't there a serious risk to the business given the scale of this crisis

There will be a glut of claims on one hand whilst their asset base shrinks

[essentialinvestor] 21/3/2020 12:35

I sold just under 20% of my holding yesterday morning, hoping for an opportunity
to buy back lower next week. Not something I wanted to do as it's an added risk factor, but thought it may be one way of hopefully reducing my average holding price.

[hydrogen economy] 16/3/2020 18:15

Dipped below 700p today before recovering a bit, over 50% down in the month. Not the only sound business deeply in the red and no guarantee that the bottom has been reached.

The interest rate cuts and general market impacts will no doubt hurt PRU earnings and growth short term but on longer term view this is one I will look to add to along with LGEN a bit at a time as no idea where the bottom will be.

[cordwainer] 16/3/2020 15:41

supermarket = panic buying
stockmarket = panic selling

mass hysteria ?

[clinton baptiste] 16/3/2020 12:33

Just sold mine, in too soon last week = -25%