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Prudential is (still) not dull or boring

I reckon the average institutional investment board is in a bit of panic mode at the moment. Most were not silly enough to put their money into California’s specialist banks, but what they are not used to is a bit of normal volatility. The majority of institutional investors can handle geopolitical crises or an iffy corporate earnings season or even a standard recession, but when you get stuff happening in multiple different directions simultaneously too many react by doing nothing (other than moaning that this is really different from the 2010s). Spot the underlying reality – the aberration was the 2010s!

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The Man from the Pru Could Shine his Shares as he Aims to Conquer Africa and Asia

Hello Share Gatherers. Companies whose profits are rising are fairly rare in these dangerous days. But Prudential (PRU) saw an improvement of 8% in the first six months of the year. The adjusted operating profit came in at $1.7 billion. Most of that comes by way of a boom in life insurance and asset management.

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Prudential is never dull or boring

Back in August last year I observed that “when the FTSE 100 dumps next, have a look at Prudential (PRU)”.  So given that markets have been volatile year-to-date and the insurance giant has in the last week published its full year 2021 results, how am I thinking about the stock today?

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When the FTSE 100 dumps next, have a look at Prudential

Back in March here I wrote about Prudential (PRU) which might have been founded in London in May 1848, but today (post the spin-off of M&G (MNG)) is all about its US and Asian insurance and related business focus. And give it another few months its US business Jackson will be spun off following a shareholder vote this month, with investors getting one share in the company for every 40 Pru shares they hold today.

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More Prudential splits gets closer and closer

Just over a year ago today, I wrote here about how investment industry giant Prudential (PRU) was ‘doing everything right in these troubled times’.  So no surprise to see the shares doubling over the last year although the shares are not back to their 2018 highs. Is there still scope to be excited in a company with a growing focus on Asia, especially after their spinning off of M&G (MNG) in late 2019?

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The Man From the Pru is Well Placed to Weather the Crisis - and May Even Benefit Long Term

Hello, Share Pickers. You can tell that insurance companies expect to pick up business during the crisis by the proliferation of their ads on tv. During crises people and companies rush to insure themselves and I would not be averse to buying shares in any big insurer at the moment. But one which may perform better than the others, if only because of its good record over decades, is Prudential (PRU)...

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Man From the Pru Could Be Among the First to Ride Out the Virus Storm

Hello Share Rattlers. It seems to this old punter that insurance companies might be the cautious choice in these difficult times. When folks feel insecure they buy more policies and are prepared to pay more for them. And one of the best as far as profits go is Prudential (PRU)...

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Prudential...doing everything right in these troubled times

Naturally any comment written in August here  about a longer-term play such as the Prudential (PRU) has not aged well...especially in the last six or so weeks.  Amid all the market volatility, policymaker announcements and health crises out there, the Prudential quietly came out with its latest set of numbers. 

NEWSFLOW

Prudential (#PRU) – confirms received letter from Third Point LLC, reckons “looks forward to commencing a dialogue”

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Prudential: splits, shocks and structural scope

Back in March I mused about the Prudential (PRU) concluding that it was wise to snaffle 'a few (shares) now and at each new Pound below the current share price (£15 something a share, £14 something a share) is a suitable compromise between opportunity and the short-term perception vagaries towards the insurance space'.  Well in the five months or so since then the shares have undertaken a bit of a 'Grand Old Duke of York' moment and gone up the share price hill...and back down again.  Such is the insurance space...and the ups and downs of financial markets.