That's an interesting speculation...HSBC already has a large life business and not sure if the regulator would approve the takeover or merger due to anticompetitive rules |
Anybody think HSBC could make a move on PRU?...part cash and part HSBC rich paper... |
Maybe in black out period?... |
Only 25. 5 million shares bought back sense December out of a potential 175 million. They need to be buying more shares per day if they intend to complete it by June |
Sold out ..GLA |
right now lots of my holdings with inherent value have been going up. i don't quite know what to do with myself. pru is hopefully making some form of attempt to climb from decade lows. its numbers look good.
i'm moving from chateau lidl to chateau lafite if it gets to 1270. broker note is very nice to hear just now.
right now i want it north of the 200mda around 680-700p range.
going all in above 720p, it might be my personal trade of the decade. |
I will be happy with 855p... |
UBS raises Prudential price target to 1,270 (1,200) pence - 'buy'
So quite a way to go then... |
China etf are up a lot in last week. This must cross 685p and 710p soòòn... |
All good points-thank you |
as to specifics i have no idea salver.
however china is a big market for pru and their wealth management
so can only assume if the china economy is hit, pru is also indirectly
the nightmare situation is if they get to the point of treating any contact with china as they currently do with iran. but if it got to that point, i'd have bigger things to worry about than the pru sp
my guess is that any china deal is a plus for pru, and atm even no news is good news |
Can anyone explain how a Trump tariff would affect Prudential |
latest trump ramblings say now only 10% tariffs on china. i do wonder how much that fear also has to do with the weakness of share price over last 6-8 months. he is a businessman. he likes to negotiate and get good deals. he knows there is too much to lose from an all out trade war. i doubt one is coming. expect handshakes and smiles all round in beijing within 12 months. trump 2 likley to be peak US. he will of course bankrupt the place, but since when has he worried about debts?
pru is not just about china mind.
and if it does fall back to 600p i have a shed load more to invest. drip feeding other divvies into this in the meantime |
Back to 600p if no stimulus from China again ? |
In big here @6.25 when is this spike going to crumble? |
£600m in trade deals sounds like pennies for China. and not a lot for us.
Interesting to hear Chair of PRU was there though. only thing to negate it was that someone from abrdn was there too.
PRU has a p/e of 8-9, yield of 2-% but consistently covered 4-5* (someone please explain why different websites have so varied financial calcs). last year's peg was 1 and eps growth 12%, but with endless buybacks the latter 2 will look even better soon.
it does indeed look like where the banks were 18-24 months ago. and i made a shed-load from them!
PRU based in a growth region which has rapidly-expanding wealth. chatter re a potential partial sale of eastspring.
it is possible that the Trump inauguration is peak china-related share despair, and all his BS will turn out to be just that.
my direct line shares are getting sold to average down my PRU again |
Rachel Reeves, you are joking |
We certainly come across as a bit desperate.
Having said that, if China wants to improve its relationship with the USA then using the UK could bring benefits. Surely Rachel Reeves is credible enough to do a good deal. I hope so. |
This nation is broken ..now turning into beggars |
Let’s hope Pru can promote their expertise to the Chinese market. |
See in the FT, delegation visiting China included our very own Shriti
Bank of England governor Andrew Bailey is also on the trip, along with Baroness Shriti Vadera, chair of insurer Prudential, Sir Douglas Flint, chair of fund manager Abrdn, and Richard Oldfield, head of asset manager Schroders. |
If I am a trader rather than investor..if I am short on a share through cfd, spread bet and option....i hate to share price to go up by 1p and develop any positive sentiment..hence me and my people post of forums detrimental informations to support my short positions |
I completely agree, treble bottom. When trump visits china and few tariff changes come through I suspect we’ll jump back up to £7 again.
I haven’t seen any news on Eastspring, another catalyst for the share price |
The disparity between the share price over time between the actual and broker targets is like Barclays was in 2023 before it shot up from Feb 2024 to double that price last week. It’s just a matter of time before the price is catapulted in the right direction. |
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