Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -18.00 -1.31% 1,356.50 1,355.00 1,356.00 1,375.00 1,351.50 1,359.50 2,765,378 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 40,939.7 1,571.1 59.7 23.1 35,481

Prudential Share Discussion Threads

Showing 2051 to 2074 of 2125 messages
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
Added earlier, I was hoping for lower, perhaps next week.
Got it, thanks Essential. Its certainly a handy yield now at these levels. Excellent entry point IMO.
Dipped a toe back in today, or half a toe at this stage. Hi Rim, firstly on posts I'm often just thinking out loud and sometimes attempting to clarify my own thoughts on a subject. PRU has always been hammered on corrective equity markets, at least as far as I can remember back. Re the yield comments, many investors previously referenced the compounding PRU dividend, it was a handy income hold for some. Yes agree with you about higher growth v lower dividend- effectively they are investing more in growth and paying less to investors (at least for now). The M&G split of course played a part in that. Hope that at least half answers your question. Think these may be available under £9, or very close. Good fortune with your holding BTW.
Can you explain your point essential? Pru investment case was never based on yield IMO its a growth story but now represents a 3%+ yield which is safe given the surplus regulatory capital it now has using HK regulatory ratios. I am biased because under £10 i am now heavily invested here but its in my Sipp for a long time to come.
Very little yield support so at the mercy of falling msrkets more than ever.
I don’t disagree Porsche although there are a bunch of Chinese companies wanting to list in London to access wider investment and ironically given china US relations a UK listing is still attractive. I would love to see Pru take a primary listing in HK. Surely it will rename as PruAsia, but maybe a dual listing is more realistic. In anycase i will continue to add at these levels, growth prospects are huge and a well covered 3.5% growing yield is not to be sniffed at. Not sure why everyone gravitates towards AV, LGEN with zero growth prospects.
@rimau I dont disagree its cheap, but that doesnt stop it continually tanking, the drops are eye watering and it is asia focussed, so would be bizarre except for the fact its listed in the U.K., Which is the issue, I read if they moved the listing to asia it would give an uplift to the shares of 30pc overnight, nobody wants to touch the UK indexes, the whole country is seen as a self harming asylum. One hope I guess is some sort of brexit deal, its a damage limitation exercise I know but it may at least remove some uncertainty.
Porsche, this has no UK material exposure since it sold off M&G. The US business will be divested in 2021 leaving Pru Asia so its really a bet on Asia and Africa combined with the assumption that the break-up value is worth more than today. I bought in this afternoon just above £10 i reckon its worth 40% more. Prospect of negative interest rates and general market unrest the oroblem here. Also if you think Trump will go this will get a kicker from better US china relations
What an utter dog of a share this is, I keep telling myself only to buy the S&P, because brexit covid basket case U.K. is a disaster that had destroyed the ftse 350, then I see something that just looks cheap on most metrics, like pru, but guess what, it still keeps tanking, I need to learn my lesson, no more U.K. stocks, ever.
It's probably a bit late for comment on the above posts now, but I have had simiular issues with Perseus shares. Some were with Barclays and I don't know what exactly happened but they seem to have disappeared. They should have been transferred to an issuer sponsored holding with Computershare Australia. Others were originally with Selftrade (now Equiniti) and were transferred in an ISA to Hargreaves Lansdown and after delisting from London ended up as DI's on the Toronto register where they are still held satisfactorily by HL. If your certificate is for a DI on the Toronto exchange, HL might possibly help you. If it is Australian, TD Direct would do it but others may be cheaper. Try reading this link - HTTPS:// Interestingly, although it is not "listed", there is spasmodic trading in London under the code 0TXW (you can look at historic trades on the ADVFN 'trades' page although the 'quote' page is not updated. Last trades were yesterday (30th Sept). I suspect this may be connected with stock transfers between ASX and TSX.
I was premature in my optimism when I posted a couple of months ago. However the Pru is back to a new 2020 high and hopefully we can move on from here. Reading the transcript of the presentation numbers yesterday I was impressed with the way they did not pull any punches. Hong Kong is a problem and the disposal of Jackson in the current outlook will not be easy. On the other hand the change in working practices in Asia to accommodate the Pandemic has seen Management striving for solutions with some success. All in all very encouraging.
Did you get this resolved robbo ? They have been incredibly strong and I hope you held onto them as $1.50 looks likely this year and any further gold price increase from here will push them up further. They have just done a deal to take over Exore which ensures 500k oz production profile in 2023 onwards.
That was some week. Over 20% increase. Prudential and MNG are nearly back to the demerger share prices of 1286p and 220p. As of tonight PRU closed at 1264p and MNG 165p plus 36p of dividends paid out. With the headwinds of riots in Hong Kong prior to Coronavirus and further national security legislation from the Chinese Communist Party that shows a fair bit of resilience. The question is how dangerous is the latest interference from Beijing especially with the USA/China relationship deteriorating rapidly. On the other hand the Pru is in partnership with a Chinese bank and does seem to have a good relationship with the Chinese authorities but HK is so vital. Plenty to think about this weekend.
.. or it may only take a relatively painless redistribution of personal wealth to reboot economies, been closing in on tipping point for several years imho dyor.
Having previously predicted falls on here of PRU and a bear coming 700p is now IMO a chart possibility in another USA downleg Hong Kongers are now scrambling to get out and live elsewhere ============ Why buywell has had a downer on Financials for years ============ The amount of monies pumped into holding up economies since the credit crunch have rung alarms. Most banks have not got enough cash to cope with the Covid world depression which many seasoned veterans think will be akin to the last Great Depression , which lasted years and dropped markets circa 90 per cent. Most countries won't have enough cash resources and even most major financial institutions such as the EMF for example. We have just seen the US Treasury give the FED over $425 Billion . It did so in the knowledge that the FED would leverage this money by 10 to $ 4 Trillion to keep the USA lights on. Talk of a stimulus does not cut it with buywell This money is a sticking plaster. hTtps:// -------------------------------------------------------------------------------- But ALL countries in the world will be wanting money , and the only Institution which is funded to cope is the IMF with a $ 1 Trillion pot. But even that has only so much and then the well runs dry A $ Trillion goes nowhere these days , so what happens then ? Well last chance saloon will be SDR's issued by the IMF AND they are currently being discussed with the intention of using them in quantity. They have been used before buywell googled SDR's will they save the world ? Having looked into them and their creation and value , buywell thinks not Just not enough to go around in an over populated world to save everybody. And their value like paper printed money is an illusion based upon a promise. hTtps:// also read hTtps:// IMO dyor
Anything below £10 would be a great long term buy, just waiting for the Donald to poke the hornets nest and a limit buy of £9.80 is set but i doubt it will get there. I think the US business is in for free at this valuation and a safe secure 3%+ yield thrown in. Way too much regulatory capital being held so looking good.
May an interesting further buying opportunity within the next month or so?. US China tensions ratcheting up over HK, PRU's most profitable market.
IMO Choosing the right sector is key to investing FTSE 350 Banks -3.93% FTSE 350 Life Assurance -4.63%
Can somebody paste the IC article from yesterday please.
mr euro
Listed in the 'financials' tab at the top of this page. htTps://
rik shaw
Cheers...when's that payable and how much? TIA
Dividend confirmed. Suet
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
Hi chasbas Did you realise that the Prufund content has gone from the Pru to M&G.
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210731 00:31:54