Member Info for Finley1

Outflows of money from the FTSE. Passive investing , and managed funds. PE’s on the S and P 500 unsustainable. Goldman forward guidance on the S and P 3% a year going forward.

The world is full of sheep and the herd. Once the yanks get bored with their high PE’s and inflated values, and start talking ‘their’ market down as being expensive, they will look to diversify, close their short positions on the London market and go long.

Allianz were out today with good results, Prudential makes money, the issue is novice investors, wetting themselves with holding shares in a bear market.

If you want to play in this market, then you need to buy in tranches, apply patience and you will be rewarded. There is also the added bonus of Prudential being under the radar of other insurance companies in the region. Unfortunately, the modern generation seem to live in a constant social media, fear society, where everything is negative, the older more experienced investors have seen it all before, and are the ones who make the money.

Something to think about.

Challenging times on the LSE as I’ve said previously. My view is the same as James long term investors will be rewarded, patience is the key.

Good luck

Nothing wrong with selling CPI. Challenging times on the LSE at present, it’s best to be constantly reviewing positions, and swapping out positions for better opportunities.

Is Prudential a better opportunity, well judging by the last trading report I would say yes.

The share price today is not a true reflection of the companies value. Maybe at these lowly levels it will attract a bid !

Something to think about.

Hello Cos, the article posted offers a balanced view and is understood. Maybe the U.K. needs a Musk style businessman to cut through public service bureaucracy so we can get back to between 3 and 5% growth. Those figures would make the U.K. and Legal and General very investable.

I’ll also read recently that the next growth sector is biotech,implementing AI to solve the worlds challenges. If you don’t know we have businesses set up in Cambridge and even Oxford. What would be good is if we can actually keep these businesses in the U.K. rather than getting snapped up by the Americans.

Good luck.

Browning West we’re averaging down in Countryside a few years ago before the takeover. I remember at the time they were throwing a lot of money at the depreciating share price in the hope of getting their investment back.

I would say a lot of these issues are Countryside historically based, which are now Vistry s concern.

I of course wish investors well. Challenging times for house builders.

Hello,

Yes, I take your point on Nat West it’s done well. The large banks stateside have also achieved great gains. I see Lgen has closed down again, I dare say like most investors I’ll be topping up around the £2.12 mark perhaps lower if it gets there.

What’s spooked me is Reeves 5year growth figures in the budget, which I dare say has spooked a lot of people. Fingers crossed, at least we can do that.

Good luck.

Hello Eccles,

My point is as you know the U.K. has too much debt and hardly any growth. I do like your posts regarding rates of return, and it is of course known that this time of year the share price is historically low.

I’m not talking about Lgen debt, I’m saying that we have serious issues in the U.K. with getting anything done, business wise. There was a chap talking about HS2 and the amount of permits required to say do a task. So, if you magnify that view why would you invest in the U.K., the system has failed, it needs overhaul.

There is a case here for Lgen being compared to a bond, but will the share price track down because the U.K. has become too expensive to make money, my view is we are in for stagnation, we need substantial grow, even Bailey mentioned it yesterday., and we don’t have the know how to get there.

So, Lgen will follow the FTSE and I see us going lower unless investors can point out otherwise.

I’m as disappointed as the next gender neutral man. That last bit was a joke !

Good luck.

Caution needs to be applied. The past is the past, the issue with the shareprice depreciation is the market doesn’t like the U.K. debt level. We have been on a downward trend since Labour came into power, that direction shows no sign of turning. There is no growth in the U.K.,and we could be at the start of a sustained period of negativity.

The present government although I dare say have the best interests at heart, need to tackle the issue of why it costs so much to get anything done, it’s obvious bureaucracy.

So, until the great elites in charge start to act like business men and actually get to grips with

escalating costs, I fear for investors, and don’t be complacent and assume the past share price performance will be repeated.

Something to think about.

Richmont reported drop in high end sales in China I saw on CNBC this morning. Next week it will be China stimulus that’s a problem. Also trade tariffs will raise it head. This is the negative market that the FTSE is. Personally, I think China is years ahead of the U.K. in investment, yes it has a few issues, but it has the ability to add growth.

Prudential is not valued correctly on the London market, so it will be up to the board if they decide to break the business up and sell the parts, relist it on another exchange, or sell the complete business. This to me is a serious option.

The daily share price fluctuations whilst frustratingly are not the true value of the business, that’s what investors have to keep telling themselves.

I have a mixture of investments mainly property and to be fair nothing is any good at the minute. I’m banking on lower interest rates coming to the rescue, I’ve had my business plan scheduled to kick in Q2 next year, where I see interest rates a lot lower than they are now, and I will be able to offload investments.

With that in mind I have no other choice than to sit this out and wait.

Good Luck.

Yes, agree James. As you have said previously review the share price in Spring ‘25. Let the market digest the news and traders close their short positions, buy more on any dips, and take a common sense approach.

Good luck.

Musks influence going forward is a great positive. As I’ve said previously I can’t see Trump destabilising China as that would effect Elon’s interests and be bad for business.

So, I’m still very confident on Prudentials future.Something to think about.

Garonne, there is no confidence in the LSE at present, there has been record outflows of money month on month. Positive data coming out of China and the share price is still not moving. This may happen for a while, yes, it’s frustrating, but make no mistake if the business is not valued correctly on the main market here, then it will probably attract a bid from a bigger player.

Sometimes in bear markets and particularly in the unloved London Stock Market, companies are being shaped up all the time.

So, if you are feeling a twinge of anxiety read the last statement again from the CEO in the half year report, he seemed confident of achieving his growth targets going forward. So, until he says otherwise this share looks like a good investment.

Something to think about, good luck.

It does appear that the indicators are pointing to a reversal in share price. It will be interesting to see if the share price moves up before the results, my guess it will. Famous last words !

Thanks for the research enclosed and as mentioned Prudential seems like one of the best undervalued stocks on the FTSE main market. Fingers crossed.

Good luck.

China returns to growth in the last month, not seen since April, according to CNBC. One would assume that’s another piece to encourage the share price momentum forward when the traders decide to switch direction and go long !

Something to think about.

Yes, spiked after the budget, but hardly significant. According to CNBC lots of money short the ftse, and the insurance sector, and has been for a while.

Will they close, that’s the issue, will confidence return.

Well Armageddon didn’t happen, but what is clear is that any rise in share price was sold into. That’s still saying traders are controlling the action in my opinion. Large shorts across the ftse need to close, the question is will they. The growth figures were terrible, but the fiscal plan going forward reducing borrowing in a number of years, might turn the tide!

Something to think about.

There is as always something to worry about. The market clearly likes the HSBC news. As posted on here Prudential report next week, here’s hoping that the quarter is positive and puts a line under the share price.

How much of the shareprice depression is attributed to being on the FTSE, that’s probably an interesting discussion, I dare say expect a drop tomorrow, after Rachel Thieves pitches up. I do like her nickname !

If only Pru had a decent divi, the case for a long term hold, rather than a trade would be far more appealing.

Good luck.

HSBC good numbers this morning. Asia doing well. How dare they, that doesn’t fit the narrative of Asia and China going down the toilet !

Maybe the market has Prudential priced wrong. Something to think about.

I wouldn’t move any money until the early new year. If the market doesn’t like the budget, that’s what the downward pressure on the share price is saying, wait and see. The swap rates for banks will increase, the large American players will want more money on their returns, not good in the short term for Legal and General.

It’s a nailed on bet that this share price is going lower will probably break the previous £2.12 region.

Not a dare say what people want to hear, but that’s my view.

I don’t think now is the time to be buying, it’s fairly clear that the trend is established and it’s downwards. I often bore the wife that markets change on a daily basis, she says yer whatever, can I buy something ! Er No.

Your probably get 5% off the share price before the budget, never mind what will happen after that.