Member Info for fatprofits

Why no M&A action.. I'm not sure gow well you know

this business and if you are aware that decedent's of the founding family hold about 40% of the equity..

It makes an approach less likely, though not impossible.

... Some might view this with caution

HK and China combined represent approx 40% of pre tax (that's from memory).

As China (and HK) investor sentiment soured the SP headed south.

AIA is perhaps their closest listed competitor and AIA look to be

outperforming PRU atm - their SP has also been hit hard.

PRU used to trade with a 'China premium'.

Those days seem so far behind.

United Health ...now that SP long term progression is a thing of beauty.

Thanks, volume may be elevated atm, but a huge £ amount regardless.

£456.5 Million on FY pre tax is now current consensus following the update - that's obvs subject to further changes.

Mentioning de-ramping in the context of the current market cap is risible, there are £10's of millions of trade value a day.

Any post here makes about as much impact as a fart in a hurricane.

I mentioned it as a possibility, Not as a fact. And I stressed it was a best guess only on a likely recovery.

I would not bet on the current CEO surviving, particularly with Peltz involved (I assume his fund still holds).

* £3.222 bn at the recent H1.

As mentioned yesterday, another £1 bn could come off the market cap - this is a very small speculative 2-3. year recovery punt for me. My best guess is this will recover, but not quickly unless taken out. Dividend may be cut in the meantime.

Your post makes little sense.

Posts here are generally restrained (particularly so given the SP performance over the last decade) rather than just reactive.

PRU increased the amount of shares in issue by 5% in 2021.

The HK price is down over 60% since the equity raise -

the new shares were issued on the HK market

So at the very least those are being bought back significantly more cheaply!.

And as has already been mentioned the rating remains demanding.

Very difficult short term call, possibly another £bn could

come off the market cap.

I've know RTO for over 30 years and strongly disagreed with the Terminix acquisition.

It 'should' recover, however a new CEO/CFO would not surprise me. 2-3 year recovery - best guess.

And recently increased their short position.

That's how it appears to me.

AIA sells on a yield of 3%.

I would guess (no crystal balls obvs) PRU may be heading towards that level.

or a bit above 3%..

Arguably woeful over the last 2 years..

I would not Buy having read - just a highly subjective view, obviously.

The dip

Really? Of course you did.

You never appear to ever lose on Any trade.

Did someone say ..fantasist

But tomorrow is always a day away