Prudential Share Discussion Threads

[buywell2] 06/5/2022 00:30

My turn



free stock charts from uk.advfn.com



Recession comes and stays through 2023


free stock charts from uk.advfn.com



somewhat grim eh

dyor

[porsche1945] 09/3/2022 11:01

This and Hsbc and Standard Chartered a huge risk. HK is being absorbed into china at high speed, all these leaders are moving while they have useless senile Biden in after his Afghan fiasco and the US sure to make a mess in Ukraine, China will pick up the pieces on the cheap as per usual while basket case U.K. virtue signals. If China goes into Taiwan, which they will, these and the banks will halve or worse, whats the point? US market looking better value and with USD denominated shares you have protection, especially as sterling in perma decline, juiced by the brexit fiasco. Dump it.

[1jat] 09/3/2022 08:53

Pru results look pretty good today.
Ready for a big post war bounce as long as China does not get sucked into further US sanctions.

[1jat] 02/3/2022 21:47

JXN has knocked 2021 out of the ball park.
Earnings of 33USD per share….enough said, still v cheap and trading at 40% of book assets.

[1jat] 19/2/2022 16:17

China appears to be squeezing the life out of HK at the moment. An Asian focused business that has little Asian ownership /roots and may still be seen as a colonial legacy is at risk of being made a scape goat and punished by regulators and politicians alike…..I hope that will not be Pru’s fate.
This should be a pivotal year no MNG or JXN for Pru to hide behind….a new CEO….a potential deal with CITIC to gain more control over the China ventures.

My holding is 50% of what it was in # of shares 5 years ago….that is more of a choice to diversify than a negative view of Pru in its Asian form. If it can maintain earlier growth rates then it is a valuable business that is currently going through a transitional period of ownership which may make it unfashionable to own for a while.

As Churchill says, the comparator of AIA is clear….I am looking forward to the results presentation this year in expectation that the business is resilient and recovering.

[churchill2] 17/2/2022 20:58

Hi NPP
Re your comment PRU looks relatively good value at the moment.
PRU in the UK is 10% down since January 1st.
PRU in HK is down 3% down since January 1st.
A1A in HK is up 13% since January 1st. This is our main competitor in Asia.
Exchange rates have been more or less the same since the start of the year.
As I have pointed out before the PRU is approximately 60% the size of A1A which is valued at 100 billion sterling whereas the PRU is valued is just over 32 billion as of today.
That leaves me with a problem I reduced my holding in the PRU substantially when China started to put huge pressure on HK and although the PRU looks a bargain and I am not sure it’s worth the risk. I will have a clearer view when both companies have announced their results shortly.

[1jat] 16/2/2022 21:26

Npp
There is no jackson Board, and the jackson holders are still likely to derive from Pru shareholdings, hence ok to post about JXN within Pru. We don’t do that for MNG as it has its own discussion group.

Re PRU:
It will be interesting to see how resilient the asian businesses have been….and how they progress in a digital world post pandemic.
There are challenges ahead such as what to do with the China JV not higher % ownership is allowed.
If the Board pick an outsider as CEO they will expect change, if they promote Nic Nicandrou from Asia CEO to group CEO it will be a continuity choice.

[porsche1945] 16/2/2022 17:46

Hadn’t looked at these for a while, pretty much all US investments these days but used to be in and out of these, good range bound trade in the past but the wheels seem to have really come off with it. The whole index only six hundred points above where it was 21 years ago thanks to brexit fiasco, but these are shxt even by ftse 100 dog index of the world standard.

[npp62] 11/2/2022 16:57

Why all the JXN chat on here?.. PRU looks relatively good value at the moment...

[1jat] 07/2/2022 19:54

JXN doing ok…
Results due on 2 March……f they make $20 profit as forecast they are on a PE of 2.
Still somewhat undervalued even for a value stock.

[wmb194] 11/1/2022 10:08

Re Jackson, hitting another closing high yesterday of $46.60, this appeared yesterday on Seeking Alpha.



Not a particularly good article but seems some people are waking up to it. It's still relevant to Prudential as it continues to own 19.7% of Jackson and I presume any revaluation of its stake will pass through the P&L.

[1jat] 09/1/2022 19:44

I would just continue to post about JXN here…..the long term Pru sh will most likely have held JXN.
Or you could start a new PRU JXN thread.

[wad collector] 04/1/2022 21:36

Anyone found a BB on advfn for JXN? I can't find any BBs even for the bigger US companies , there doesn't seem an option to start one either. I assumed that there was a parallel US ADVFN system that I could open an account with , I must be wrong.

[1jat] 07/12/2021 11:40

On another board, Goldman initiated coverage with a USD40 target.

[1jat] 07/12/2021 11:39

On another board, Goldman initiated coverage with a USD40 target.

[riskonricky] 06/12/2021 17:58

Earnings we share is why. Crazy cheap.

[wmb194] 06/12/2021 17:28

Yea, I'm just looking for a reason but there's no obvious news. Could be a broker upgrade or a share tip from somewhere.

[capitol2] 02/12/2021 12:11

Buys moving into gdr investors who have read wording of Monday's rns expecting a rns on high speed covid test.

[luderitz] 28/11/2021 21:56

Not on here as well, suppose you’ve posted this on all the other insurance/assurance threads as well have you?

[buywell3] 28/11/2021 20:42

General market comment ref :


-------------- Omicron & What could now happen -------------

The action taken by Israel to close its country to foreigners should tell us something about how serious this Omicron threat is

Israel was way out in front as a country in protecting its people by vaccinations

It also is a country that is highly advanced in medicine/technology and what buywell would say as being 'ahead of the covid curve '

--------------------

In South Africa Omicron cases have recently quadrupled in the last two weeks with at 2 days ago — South Africa having achieved 27% vaccination rate

" Dozens of top scientists in South Africa are closely tracking a new coronavirus variant, which harbours a large number of mutations, with cases reportedly almost quadrupling over a two week period."

The Delta strain only doubled every two weeks

This is why buywell agrees with those scientists that say Omicron is twice as transmissible as original Delta strain which was flown in over a period of two weeks from India remember --- when boris delayed banning flights too long and the WHO dillied and dallied in declaring Delta a VOC.


The maths:

Delta hit circa 50,000 cases a day roughly 16 weeks after initial case numbers were being quoted as circa 200 cases a day

Omicron has the capability due to its vaccine escape properties to hit 50,000 cases in 8 weeks once the critical initial 200 cases a day number has been hit

That is why it is so important to impose bans like Israel has done so as to buy time for the new vaccines to be made and distributed


==========================================================================
NOTHING SHORT OF A TOTAL FLIGHT BAN WILL STOP MILLIONS OF CASES IN THE UK
==========================================================================


If we go the same way as with Delta --- and current vaccines offer less than 50% efficacy against Omicron

16 weeks after 200 cases have been hit ---- without total lockdowns ---- the majority of the entire population will have Omicron

50K cases will become 200k cases after week 10
200K cases will become 800k cases after week 12
800k cases will become 3.2M cases after week 14
3.2M cases will become 12.8M cases after week 16

By week 17 going into week 18 after that critical 200 cases has been hit the majority of the UK could be infected unless severe mitigation measures are taken now

However this is not he worst thing that might happen unfortunately imo --- buywell is looking into another possibility that could spring via Omicron

It has rung bells due to the way these mutations have evolved by the swapping of various bits of the DNA of different types/strains

For now Masks do not cut it and you don't even need to wear them in pubs or restaurants

boris please speak to the Israelis and do so today


We need to buy 6 months minimum to get prepared to fight Omicron with the right vaccines

[whatja] 17/11/2021 19:59

JXN continues to come good for the lazy and the brave who held and did not sell immediately.
$36.64 at the time of posting and a series of all time high alerts since the results a week ago.
The buyback is limited to 25% of daily volume so has a way to go yet.

[riskonricky] 11/11/2021 18:11

JXN crazy crazy cheap! Why is anyone buying anything else?