Member Info for Tom78

W8-BEN form completion reduces the rate to 15% from 30%.

Many UK investors hold shell and bp for dividend income, moving to the US will incur 15% minimum witholding tax on divs unless in a SIPP where it can be fully reclaimed.

I suppose we have to wait untill the board approve the 30p dividend to get the full offer price for our shares? Currently trading at £11 so 40p below offer price. Disappointing end to this overall, only dividends i have accrued since owning will get my overall investment back to break even roughly after a lot of years of misery holding this!

Sorry, I guess you are fairly new to Prudential shares. In recent years Pru divested those two companies - both mature businesses in the US and UK in favour of a high growth purely Asia and African business that Pru is now. What I am saying is as yet it has not borne fruit for shareholders due to the many headwinds such as China and Hong Kong tensions, Covid, Chinese economy etc. The numbers have not been all bad, quite good in fact but the market is not currently convinced. As others have said it looks like a long recovery share into 2025 and see where we are then.

Whoever decided to offload M&G and JXN did me a huge favour but for PRU holders that did not load up on the spin offs it has been a disaster. JXN gone from $25 to $82 today and great quarter results yesterday, huge buyback and good divi. Loaded up on those up to $38 and happy to hold. M&G has given me fabulous dividends since spin off but not a lot of capital growth but div returns have made up for that.

Results tomorrow after close. Lets’s hope they steady the ship after a brutal sell off in the markets. Currently bouncing a bit $ 73-74.

This pru has already gone down the loo and is now in the main sewer. Next stop is the sewage works! At least you have not lost your sense of humour, that's the last thing to go. I'm sat a whopping loss here now and maybe time to throw in the towel and admit I made a disastrous share purchase.

No they are still not telling us after all this time.

Overall I thought it all looked pretty poor, and crowing about increased interest, wow.

Very surprised by the market reaction today. Bright spot i suppose is Tasty growing revenues but we still don’t know it’s profitability.

Not really, it's just like trying to bail out the Titanic with an egg cup.

Pru has become a complete dog turd of a share with few redeeming qualities it seems.

I wonder why it is trading so far below the offer price in recent days, maybe doubts about this deal going ahead?

Only if PRU was a penny stock would it make a difference. Director buys or sells on large cap shares mean little. Whilst it may be a very large sum to the likes of us mugs to the market it is chump change I'm afraid.

FTSE250 are you being serious? The Market cap of LGEN is just shy of 14 billion nowhere near small enough.

Regarding the buyback it is triflingly small 200M is 87M shares at 230p and 87M shares is 1.45% of issued shares so will make no difference at all. Only hope is if inflation stays at 2-3% then at least the div will keep pace with that, but overall not surprising the shares have tanked.

Barclays pay 1.66% on a savings account yet HL pay 3% on uninvested cash up to £,9999.99 and tiered upwards after that. Why are the FCA not probing Barclays? HL made good money for over a decade when rates were 0.5 as people were investing in shares a funds to get a return. If zero risk returns dry up on cash then it will be just like then.

985p offer is far too low, they will have to comeback with something much better to get Peter Hargreaves interested in selling.

About time it started they have been twiddling thier thumbs for about 3 months since it was announced.

Those still with big short positions must be getting a bit twitchy, some may have closed in the last two days hence the sudden rises.

HFEL is a very different beast to this as it holds equities mainly far east which have rallied strongly with world markets, so its bound to have risen in line. Infrastructure is still in the doldrums and gilt yields remain high historically (5 year timeframe) so until interest rates fall and gilt yields fall this will remain depressed.

I have heard Barclays are notoriously slow at paying dividends on most shares.

Looking at Yahoo it is showing $80 aftermarket, we will see once there is some liquidity at market open tomorrow. Dividend held at $0.70. Looking very positive.