Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Significant insider buying going on. Fill yer boots.
https://www.defenseworld.net/2024/05/04/prudential-plc-lonpru-insider-anil-wadhwani-purchases-65016-shares.html
This is JD's fourth major move into the US so they are not without experience in this region which is the largest sportswear market in the World. The current price is probably just a cyclical movement and may well present a buying opportunity.
I think the news does not warrant the drop today. Still, fundamentals are still good.
https://www.prudentialplc.com/en/news-and-insights/all-news/news-releases/2024/30-04-2024
I held this for years but now think it is overplayed. It pays a good dividend but, more often than not, the share price will drop by more than the dividend after the ex date so you lose your capital. Still, everyone has their own strategy.
Thanks longtimeinvestor. In contrast, this article suggest sentiment is moving back to China. Let us hope they get the timing correct for this fund.
https://www.scmp.com/business/banking-finance/article/3260348/global-fund-managers-build-significant-exposure-chinese-stocks-sentiment-shift-hsbc-says
More expansion here:
https://www.proactiveinvestors.co.uk/companies/news/1046038/jd-sports-us-investment-bank-positive-on-retailer-s-1-1bn-deal-1046038.html
Earnings report on 30th April, 2024. Hopefully will give the price a well needed boost.
Remember it was around 678 just over 1 year ago. Who knows???
A consumer cyclical at its 52 week low. Must be worth a punt.
Loooooser, fair comment, but maybe it is part of their strategy not to pay a high dividend? Money paid in dividends is not money reinvested in the company. I own Legal & General and every time they pay a dividend, the share price drops by way more than the dividend so I always sell the day before the ex-dividend date.
More than likely, this will go back up when the hedge fund managers want it to.
BritishBulls says we may be at a market bottom but don't bet the farm on it.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=PRU.L
For what it's worth, Motley Fool has a positive view. Now it is down to finding the bottom.
https://uk.finance.yahoo.com/news/down-40-ftse-100-stock-060400928.html
No multicurrency account with HL. You have to pay conversion fees for every overseas buy and sell. As more people trade overseas markets, especially US, how long will this last? This is where they make a large amount of their money. Outfits such as Swissquote (now in UK) offer this feature.