Member Info for PTBrown1963

Thank you for your insight JATW. Looks Like the results were expected and performance is already priced in. Maybe we’ll get some rerating and increased price targets to push things along. I am extremely bullish about Pru in the longer term but it would have been nice to get a nice bump back up this morning…..

I know it has been spoken enough before on this board about how the share price is inextricably linked to the Chinese economy

While Trump is pushing his MAGA agenda, China is quietly building bridges with those disenfranchised ‘friends’ of the USA. China is quietly pushing global expansion through its ‘belt and road’ policy through which it invests in infrastructure development across the globe, particularly in Africa.

There is no doubt China has ambitions to pass the USA as the dominant global force. How good or bad will will that be?

As far as I can see, Pru strategy is aligned with China’s ambitions. On the upside, I don’t think there’s a limit to where the share price can go but it is not without risk

I do get your drift.

China may or may not be weaponising their US debt, bond sell off may or may not be a warning. US treasuries also currently seen as a less safe investment because of Trumps chaotic policy-making on the hoof. Rising rates are his own doing; tariff debacle may stimulate further inflation and unemployment (stagflation) so rate cuts are highly unlikely; attempts to oust Chair Powell for his own yes man (who will cut rates per instructions) will be cause untold market turmoil. I think Trump will back off

Thank you Crossley.

China is a less palatable option; I think most of us would love to see the Trump bully get a major reality check but not at a cost to us all.

I’m reasonably confident the current crisis will be resolved in the coming months using diplomacy that should have prevailed from the outset. Trump is not a stupid man; my I hope is that he will realise that the world can’t be bullied because of interconnected and nuanced nature of global trade.

I’m not an expert on the bond market but I would love to hear from the more knowledgable out there.

Should we be concerned about the us treasury bond market, China has influence here as second largest creditor. They could in theory, tank the US bond market by selling their debt. Discuss!!

They have already flexed muscle over the last couple of weeks. Treasury Sec Bessent dismissed such concerns but you can’t belief a word this administration says….

Commentators saying that now is not a good time to buy unless you want to pick up ‘quality’ on the cheap.

For once I’m on the right side of the curve selling the lot around £8 mark last week at a nice profit . Hadn’t patience to wait for Rolls Royce, BP in recent past but learnt with Pru.

Picking these up again on the slide, happy to hold for 18 months

Not all rosy though, taking a kicking on Melrose but looking at further adds there after CEO comments recently.

Gut feels that this whole mess may start to stabilise in coming months, Jaimie Dimon comments sense, America can be great again

https://www.jpmorganchase.com/ir/annual-report/2024/ar-ceo-letters

There appears to be no joined up thinking and this administration is about to find out that the rest of the world also have ‘really smart people’ who have a better grasp of the facts and who will make better informed decisions in due course.

Mid terms aren’t that far away, penalty kick for the Dems, let’s hope they don’t miss

In the meantime I would have concerns that he doubles down; what could that look like, he hates to lose!

Bloomberg reporting

‘Pru new business profit dips on China market slowdown’

Is that just lazy headline or will we be getting a thrashing….

The share price will progress in line with the greater China economic outlook. Once confidence is restored in the pros key market, then you will see study progression in the share price and In turn Broker Forecast will rise. After all, they are a fickle bunch

From what I understand corporate China is fairing much better and consumer demand is in recession. This is possibly why Prudential share price is suffering as it is considered consumer facing. Were probably seeing an up tick on the back of strong HSBC reporting

The point has been made previously regarding parallels with Rolls Royce recovery

I have bought in to the CPI recovery and can afford the punt if I'm wrong , buying if drops, hold if it rises

Not sure if cpi use any fujitsu software but I suspect that now the gov have raised the issue re Post Office system, there is a bit of a backlash.

Dont see any reason to panic, ducks are all in a row for the new guy starting. Saw this with Rolls Royce from a not dis-similar macro position albeit in different sector.

Agree Trisor about massive over reaction, I have bought big yesterday and today and at this price I'm happy to sit it out.

The positives are out there already, debt reduction and free cash flow. Market strop because there is no divi ffs?? I will add further if it hits 20p.

Thanks Stupmy. I agree with your 'sharp practice' comments and I do see the potential for the personalities involved to repeat their 'learned behaviour'. From my perspective, I have no doubts about their offering and the current SP level has tempted me even though I have doubts about their ability to maximise revenues. I was reassured at how quickly they responded to Quintessential's allegations. I keenly await an update on ET review. My world wont end if it tanks

I want to hear your counter views Stupmy, why dont you just tell us in your own words why you're downbeat
I personally thought the trading update was positive. I suspect it wasnt good enough or the market/share price would have reacted better.

These are good results. I think commercial property values and rents face an uncertain future and this is highlighted in results but cost reductions are projected. We’ll get a divi in 2023.

Lazarus, did you rise from the dead to share your negativity? Back in your coffin

Really, guys?
No doubt his arguments are well reasoned, I read and listen to these top guys daily giving opinions on all sorts of investments. They are professionals, high achieving and articulate and will argue that horses balls are fillet steak. They are worth listening to but let the share price and news flow guide your decisions

Given increased short position over recent days I suspect they smell blood and will profit from this update.
Guidance hasn’t changed which is a relief

This share will turn out to be a great case study - a financial Game of Thrones if you like.
Keep up the theories guys, some great discussions going on and some intelligent forecasts/conspiracies.
I've been trading in and out through the rise and fall but I'm now invested sub 50p average at a level that I can afford to lose so this is a punt for me. This sh it show will come to a head soon

I haven't changed my view on RR
I am disappointed that all the positive news did not feed in to the results but that time will come, just not this quarter. I took punt over and above my investment and I lost a couple of quid - no big deal!

The results are positive enough on balance and I remain committed to a 3-5 year horizon.

I don't think the Board or management are running the company badly but time will tell