Member Info for Dinoken

I have a soft spot for Ed Moribund. Really !! Face down in Hackney marsh ...

So no link between downward sp and delisting speculation ?

Moneyweek seems to think 'Prudential's London listing is surely doomed'. Mentions growth of the Asian business, no longer a significant business in UK, joint primary listings in London and Hong Kong, and CEO based in latter. Anyone any idea what would happen to UK shares if this was to happen ?

Hated latin at school but David Latin is certainly talking the right language.

Nobody has bought into yesterday's positive update. Bit of a surprise or not ?

Barclays has ramped all insurers, not just PRU.

To bring yield in line with UK insurers, well just work it out yourself using LGEN or AV as guide. Comes out as far less than 600 but buybacks are stemming the tide ...

From the mouths of Fools - 'I also did not appreciate the company’s lack of self-awareness in its reporting. Its description of its “resilient performance in the first half” makes me wonder whether management is fully engaged with the reality of a business that saw revenues decline and profits crash. That is not my definition of resilience!' For once, I agree.

Quite agree. Budget 30th October, windfall tax from new tax year, HMT holding to be sold off by then. Said the man down the pub ...

Keep engineering and dump agriculture ?

Let's face it, this is a value trap which won't go up unless China returns to growth, which nobody thinks will happen anytime soon. In meantime, compare yield with UK based insurers and it is no surprise the sp is levelling out - downwards.

Let's face it, this is a value trap which won't go up unless China returns to growth, which nobody thinks will happen anytime soon. In meantime, compare yield with UK based insurers and it is no surprise the sp is levelling out - downwards.

Been mentioned based on £44.2bn pretax profits made by big 4 banks last year on the back of interest rate hikes from the BOE.

Reminded of comforting words pre-election stating there was no plans to raise the surcharge on bank profits or introduce a financial transaction tax.

Post election - "there are banks who’ve been making good profits out of higher interest rates – they’ve got broad shoulders and no one likes banks”.

Amazed sp still has a 3 in front ...

SQZ have signed MOU with SeaTwirl (floating wind turbines) to investigate the decarbonization of Serica’s offshore assets and other associated electrification opportunities using renewable power and subsea energy storage. Sounds great but would this initiative qualify for investment allowances and would implementation lower the tax rate ?

Alongside public borrowing figures, ONS stated that NWG is no longer a public company. Fair enough, as HMG has sold down its stake to below 25% in June.

It is for statistical purposes only and will have no impact on its headline public sector finances, as this excludes banks.

However, it will reduce the total measure of public sector net debt by around £372 billion, based on today’s publication for July 2024 ??? Short of asking the ONS, can anyone explain the £372 bill ? Reminded of old quote about liars, damned liars and statisticians ...

10/10 for this clear portrayal of the current UK situation and its inevitable consequences. Reversal of history underway, instead of vikings raiding UK its SQZ invading Norway !

28th could be rerating day. PRU have already flagged 7 - 9% divi increase, the buyback is bigger than anyone anticipated and a special divi would be icing on the cake.

The sp is going down with the pox ! You could not make it up ...

Until yield equals that of other insurers eg LGEN, etc.

Paid in full on 24th.

Under the circumstances, whats the chance of the 14p Final Divi (xd 27/6) being scrapped at the AGM (27/6) ?