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 Shares Traded Last Trade
  -42.00 -2.82% 1,445.00 6,909,739 16:35:15
Bid Price Offer Price High Price Low Price Open Price
1,444.00 1,445.00 1,487.00 1,440.50 1,476.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 40,939.73 1,571.09 59.68 24.5 37,796
Last Trade Time Trade Type Trade Size Trade Price Currency
18:28:29 O 951 1,451.249 GBX

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 Fund  Percentage of Fund  Last Updated 

Prudential (PRU) Discussions and Chat

Prudential Forums and Chat

Date Time Title Posts
18/6/202115:54Could PRU be the next AIG??1,638
01/10/202019:30Perseus mining2
25/3/201914:26No chat, no prices.-
07/8/201815:38Trade it AND Treble your Money in 2 Years.427
12/4/201518:18Prudential still heading for 1500?2

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Prudential (PRU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 17:28:421,451.2595113,801.38O
2021-06-18 17:10:241,444.002804,043.20O
2021-06-18 16:54:551,445.15261,8413,783,982.12O
2021-06-18 16:42:261,446.4824,336352,014.16O
2021-06-18 16:38:181,451.3738,706561,766.50O
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Prudential (PRU) Top Chat Posts

Prudential Daily Update: Prudential Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker PRU. The last closing price for Prudential was 1,487p.
Prudential Plc has a 4 week average price of 1,440.50p and a 12 week average price of 1,431.50p.
The 1 year high share price is 1,598.50p while the 1 year low share price is currently 926.20p.
There are currently 2,615,608,687 shares in issue and the average daily traded volume is 4,017,670 shares. The market capitalisation of Prudential Plc is £37,795,545,527.15.
churchill2: Hi RobinCap You may not be wrong only time will tell. I can only point out the Prudential case as I see it. Business performance in Asia in the first quarter was comparable with the main competitor namely A1A who were equally affected by the closure of the border restricting visitors from mainland China. Indonesia was badly affected by Covid. Malaysia had a very strong first quarter. Jackson management were sacked on the spot so obviously something seriously amiss there. Prudential see their future in Asia and the sale of Jackson in my opinion for whatever they can get follows on from M&G. Also comparing the value of PRU/A1A makes an attractive proposition for raising funds in Hong Kong. Without going into great detail I hope this helps.
robincap: I am sceptical about Pru and would rather short it - why? a) Business performance in Asia: Indonesia not growing on a B/S base; HK collapse of new business from CN also material B/S risk regarding interest rates in the current environment; Malaysia not doing great on health. b) Jackson - it is unclear why the abrupt outing of senior management. Also the valuation of the Athena deal is strange - 80% RBC gain as a consequence of the reinsurance plus 500M for 1/9 ot the company. This means Pru was paid in total about 1.4 M (considering 100% RBC is about 1,1bn.) The inforce yields 100M p.a. which means 1bn as a PV. Hence the total Jackson remaining franchise is valued at about 3.6bn and now a capital raise is needed - despite of the fact that I own the same post demerger. Hope somebody can help me why I am wrong
churchill2: Hi Whatja According to the CFO the proposed raise of 2-3 billion dollars was to reduce some expensive borrowing. Presumably to strengthen the Balance Sheet. Not much recognition for the value of Jackson. In a few months time we could have the PRU at £15 and Jackson/M&G at a combined value of £5. A more exciting story would be an old fashioned scrip issue at fifteen for one. Not popular but I believe Tesla,Apple and even Warren Buffet have tried it.
churchill2: Ploughed through the Investor Day Presentation last night. No shortage of facts and figures to keep shareholders well informed. Not keen on the Q&A presentations. It was to easy to avoid any awkward questions asked as there was no follow up format. To sum up I would say the overall message imparted was the PRU is doing well in difficult circumstances and future prospects look brighter. They need to be because comparing the share performance of M&G and the PRU since the Demerger is I am sure not what was expected. Including reinvested dividends M&G is up 35% in comparison to 18% for the PRU. I would imagine if this under performance carries on our Asian competitors will be licking their lips.
churchill2: Figures out from A1A this morning disappointed the HK Stock Market and the share price went down 5.33%. Also they did not compare favourably with the PRU especially over the second half of 2020. What has this to do with the PRU. In Asian markets the PRU is approximately 60% the size of A1A. For example one of the most important metrics is embedded value and at the end of 2020 the EV for the PRU was $44.2B as compared to A1A of $67.2B which is near enough 66%. What is really interesting A1A is valued at £107 while the PRU on the closing price tonight £40B minus the value of Jackson when it is demerged. I have pointed out previously that I believe the PRU is undervalued and that is stil the case. The other point of note A1A for the first two months of this year compared with last year state business is up 15%.
churchill2: I am not so sure about share price weakness. Weak when compared to the performance of large tech US companies. However since its low point at the end of October and the positive news of vaccines the share price has risen 44%. This is the ninth day on the trot the share price has risen. Also take in to account the near current £2 a share from M&G plus generous dividends paid with cash bestowed by the PRU on the split. Reasons to be cautiously optimistic. 1. The strength of the Dow Jones will auger well for the proposed IPO of Jackson notwithstanding exchange rate volatility. 2. Pru in Asia is approximately 60% of the size of A1A. A!A is currently valued at £107 billion compared with £35 billion for the PRU (including Jackson) 3.The PRU seems to be confident that PULSE in Asia has reached out to the younger generations and hopefully will add future customers. 4. This pandemic should encourage people to be more active in safeguarding their futures.
churchill2: Hi rimau1 I agree with your observation that the Pru looks cheap and well done with your timely purchase. I have been comparing Pru with one of our main Asian competitors namely A1A ( who sponsor the Spurs football shirt). As of today A1A are capitalised at just over 100 billion pounds in comparison to just under 33 billion for the Pru. Comparisons are not easy but there financial reports are date wise the same and both US dollar related. The first thing that hits you. In the first half of 2020 A1A adjusted operating profit of $2933m 58 per cent came from China/HK. For the same period the Pru adjusted operating is $2541m. Stripping out USA the Asian portion is $1733 of which China/HK is 29 per cent which indicates why the Pru is so lowly rated. The other statistic that highlights the differential is the EV which for the Pru is $37.3 billion Asia $48.9 if you include USA as against $61.4 billion for A1A. The vaccine will have increased the value of Jackson whichever way its separated. The Pru has laid out a huge coverage in China so as Dan Loeb has intimated its time to take the opportunity on offer. It seems obvious to me that the Pru is way undervalued compared with A1A. The other point together they would make almost a perfect fit plus there is Ping AN hovering in the background.
luderitz: 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: I would guess that the PRU share price will continue not be highly volatile with rapid whipsaw moves in either direction. Not necessarily a bad situation for those wanting to trade it, however I'm getting a bit old for that.
essentialinvestor: Prudential will be regulated from Hong Kong post demerger, they also have a partnership with a Chinese owned company. New restrictions may possibly impact pension licences etc. However, as previously mentioned increasing China tensions are like kryptonite to the PRU share price.
Prudential share price data is direct from the London Stock Exchange
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