Member Info for JamesOxford

@Aimless. No need to worry about me olde chum. I'll sell and you can buy...happy days all round.

@SavageKeyboard. Don't put words in my mouth. I have always said I will wait until the next set of Capita results to see confirmation that the Capita ship has started to turn-around before I add further shares to my Capita portfolio. Obviously, the next 2-3 set of results after that will show that the recovery has continued and the skeletons are out of the closet. In any case, as of early AM today I have started to sell out of Capita and started to increase my stake in Prudential Plc, and this will continue over the next couple of days until my Capita shareholding is £0. Now run off and stick your pathetic jibes elsewhere...preferably where the sun doesn't shine.

I made my feelings clear as to why I will pull out of Capita. I'll invest where, when and for whatever reasons I choose. I agree with Broomtree. End of story.

It's kind of funny as there have been a few Capita shareholders here who have sold...and then buy back. This stock will be full of ups and downs and mini rises and falls. The market is not confident in Capita, and it will take at least 2-3 set of results to prove the Capita shop has turned around.

@Aimless. I was the first to call the drop to 19p and we are more or less in agreement on the Capita share price with it's rollercoaster ride in share price over recent months. Of course, feel free to pick up my Capita stockholding over the next few days. Seen as you short Capita, you will be very happy to see any sells...

As for any other Capita shareholders, good luck. It's a long road, which I'm sure you'll find out soon enough when the next set of results are known - likely to be reduced sales (vs last year), low profits which are based on low margins. On the positive, low debt. Good management. On balance there are other better stocks out there with far less risk. I'm sure the Capita fan club will say otherwise, but for me - that remains the reality.

Adios!

@DarkBlue Thanks for the post.

@Broomtree 'Well I'm sorry to see this but that's me out, I have a simple policy that I do not invest in companies that divide performance awards etc on the basis of ethnicity, gender or sexuality....... one day such will learn but normally when it's too late!'

I completely agree with Broomtree.

I grew up in NZ in Ngaruawahia New Zealand the 1980s - this is where the Maori Queen lived at the time, and most of my friends were Maoris. None of us were bothered about race, and the Maori culture was celebrated but not to the exclusion or expense of other nationalities and their cultures. All our school awards were open to all. Maybe it was a different (far better) time, but we always felt we were 'in it together' regardless of background, race, colour or sex.

I believe in fairness to all employees equally. I cannot stand companies and organistations who show favouritism and provide awards based on race, sex, gender etc. For Capita to use Black History Month as a reason to bestow employment awards to black people - to the exclusion of all non-blacks - is insensitive and prejudice towards all other non-blacks in the workplace, and is condescending towards blacks.

Like Broomtree, I will now reduce my Capita shareholdings to £0 over the next few days.

I leave Capita Plc with one final thought:

“I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.” Martin Luther King, Jr.

I personally do not think the US election will have that much of an affect on the Prudential share price. All stocks everywhere will have some impact by the election. However, I prefer to look at the fundamentals of the business and the markets in which the business operates, as well as other factors.

The fact remains that China - with or without US support - is the world's second largest economy by a considerable margin. Many economic commentators are of the view that China will at some point overtake the US in terms of GDP...not if...when.

GDP by Country and population by country (As of Q1 2024):

1. US GDP $28.78 trillion, annual growth 2.7%, 341.5 million population.

2. China GDP $18.5 trillion, annual growth 4.6%, 1.4 billion population.

3. Germany GDP $4.59 trillion, annual growth 0.2%, 84 million population.

4. Japan GDP $4.11 trillion, annual growth 0.9%, 124 million population.

5. India GDP $3.94 trillion, annual growth 6.8%, 1.4 billion population.

Prudential has access to 5 billion people in Asia and Africa. In Asia, Prudential operates in Cambodia, Chinese Mainland, Hong Kong, India, Indonesia, Japan, Korea, Laos, Macau, Malaysia, Myanmar, Philippines, Singapore, Taiwan, Thailand and Vietnam. When these Tiger economies move - and early signs are that China is now on the move very shortly after the Chian stimulus package - they really move.

For me, Prudential ticks a lot of boxes, and is in the right place at the right time. Prudential is currently a buy by almost all brokers and analysts. I am happy to invest in Prudential espcially (at the currentt low share price) and hold for the next 5 years. The future bodes well here.

@Dinoken. 'Results ? US election result on same day will decide direction of this share.'

Do you think Prudential's results are irrelevant? How will the US election result decide the direction of Prudential's share price? Will it affect Prudential's share price short term or long term? Please explain your viewpoint.

Further to my 2 posts below: With the Prudential results and updates due next week on 6 November, combined with one of Prudential's main competitor sales growth in Q3 (AIA report 30 October) and China's stimulus plan working it's way quickly through the economy and ahead of analysts expectations (Bloomberg report 31 October), I have been happy to significantly add to my Prudential share holding today, especially at the current low Prudential share price.

I see far more potential with Prudential at this low share price than most main market UK based companies at this stage especially after the Labour budget which is clearly anti-business, anti-growth and anti-investment.

The China stimulus package is underway and already it is obvious that businesses and the economy are benefiting, as the package gathers pace and penetrates further into the second largest economy in the world.

Large institutional investors, analysts and serious private investors are now looking strongly and favourably at Prudential Plc. I predict that the Prudential share price will move steadily upwards from late afternoon Friday or Monday, and continue until at least February 2025. Enjoy the ride.

Report from Bloomberg on 31 October:

China’s first major economic indicators after stimulus shows Chinese economy has started to shown green shoots of recovery in manufacturing and housing sectors. Manufacturing exceeded analyst expectations in October, and house sales increased for the first time in 2024. The data were the first to capture a full month’s activity since stimulus package.

The Caixin manufacturing purchasing managers index unexpectedly rose to 50.3 last month (vs 49.3 in September). The reading from Caixin and S&P Global on Friday followed official surveys showing factory activity ended five months of contraction in October. The pace of growth exceeded most economists’ estimates.

China’s residential property sales jumped 73% in October from the prior month. The value of new-home sales from the 100 biggest real estate companies rose 7.1% from a year earlier, the first year-on-year increase in 2024, according to preliminary data from China Real Estate Information Corp.

https://www.bnnbloomberg.ca/business/international/2024/11/01/china-factory-activity-unexpectedly-expands-on-stimulus-boost/

With Prudential's results and updates due next week, I have had a quick look at AIA Group. Summary below, and bodes well for Prudential's update next week...

On 30 October, AIA Group announced record third-quarter new business revenue (up 16% vs previous year) due to strong growth in China and Hong Kong. AIA's China business (major profit driver) up 9%, and AIA's Hong Kong business up 24%. Outlook positive for insurance products given high levels of private savings, expanding yet ageing populations, low insurance penetration and limited welfare coverage across the region.

https://www.aia.com/en/investor-relations/overview

Based on Pokerchips' last comment, he may have decided to take his bat and ball and walk (more likley storm) off the playground...to pester another LSE discussion board with anti-Trump tripe. Three cheers, hip hip hooray...! It is more than likley that Trump will win...can you imagine Pokerchips' face then?! A red-hot face and a red-hot keyboard!

@jamesoxford 'expexting to test 19p and lower by close.today imho'

@Aimless - Your Capita share price prediction today was made when the Capita share price was .1976p. It closed today at .1890p. Was it a guess, was it luck, or are you an inside trader?! I may have to start to call you 'AimMaster' (rather than 'Aimless') after all. I did say 'may' have to...!

@Aimless - Your Capita share price predictions have been very accurate recently. Never easy to do, so well done sincerely.

Labour's budget includes increases in National Insurance contributions. On the positive, as Prudential Plc is mainly based overseas - about 200 employees in London at last count - the increase in NI contributions will have minimal impact.

@PJT12 @Simpiles Hmmm, inspirational quotes, what about "Life is like a box of chocolates, you never know what you're going to get" - Forest Gump.

A bit like this Capita discussion board with the 'dark chocolate' Aimless all dark on Capita, then buys in to make a buck or two, then quick as a flash sells up. Then, there's the 'super-dark chocolate' SavageKeyboard - who rumour has it - types about Capita in the most forboading dark way possible...whilst wearing black leather gloves (similar to those sometimes worn by World Karate Champ Chuck Norris) on a jet-black shiny keyboard, in a room lined with black wallpaper and black block-out curtains! Both of which are balanced out by the white choclate 'Milky Bar Kid' Simpiles who with his sherrif's badge and twin colt 45s provides insights into the technology advancements of Capita.

Good to see Capita is on the bounce-back from below 19p (circa .188p per share) to circa .198p per share. Mainly due to Labour's point in the budget about the importance of AI. Capita is clearly ramping up in this space. Not sure how long this bounce-back will continue for Capita, as news of the budget needs to be digested fully.

Overall, I thought the Labour budget was clearly anti-business, anti-growth and anti-investment. Of concern to private investors is the Capital Gains tax increases in shares and stocks i.e. basic rate from 10% to 18%, and higher rate from 20% to 24% effective immediately i.e. as of 30 October 2024. Quite the hike. This is exactly why I mentioned in my earlier posts that I would wait on the sidelines until the Labour budget was known.

@Pokerchips. I don't filter anyone. As you would be aware Pokerchips, you have been filtered by many on the Prudential discussion board (and many other discussion boards). I was one of only a few investors on the Prudential discussion board who would bother to glance (albiet briefly...very briefly) and reply to your anti-Trump snooze posts.

@Pokerchips. I think you do care...otherwise you wouldn't have replied. Lol

@Pokerchips. All your anti-Trump chitter chatter posts makes me fall aslee zzzzzz... I have to say you are quite the bore. I bet when you pop down to your local pub to hammer your anti-Trump political points home to anyone who will listen, everyone at the same table looks at their watch and says: "Oh is that the time, have to run...bye!"

@Pokerchips 'I am not here to excite you or bore you.... I dont need you as an audience ...'

And yet Pokerchips still refuses to 'read the room', and continues to post anti-Trump nonsense on the Prudential discussion board. Of course Pokerchips says he does not need us as an audience. Of course Pokerchips, we believe you...not!

@Pokerchips I thiink you have an obsessive-compulsive disorder about Trump. I think you secretly fancy him.

@Dinoken I am sure 'someone' here thinks Harris will win...hmmmm, I wonder who it could be...?! Lol

Personally, I'm not so bothered with the US election...much ado about nothing. Besides Pokerchips (with a name like that he is obviously a gambler of stocks) has made me turn-off to the Trump-Harris election debate. Pokerchips' posts on Trump are enough to send me to slee...zzzzzzzzzzzz.

As for the current Prudential dip. I am currently bullish at these low levels and have been adding this week, and will continue to do so right up to the Prudential results and update on Wednesday 6 November.

As predicated, nice rise in the YouGov share price based on strong increase in revenues and profits ahead of management expectations. As predicted, the rise has continued. Now, should I reinvest the profits in YouGov or add to Prudential (also at serious lows and now undervalued). Hmmm, the mind boggles!