Aviva Share Discussion Threads

[dr biotech] 24/3/2015 13:23

Norwich Standard Time? That would be stuck in the 1900s

[lord gnome] 24/3/2015 12:30

Norwich Standard Time?

[alphorn] 24/3/2015 12:18

Time axis above showing start of trading at 04.00 for some reason ;-)

[bracke] 20/3/2015 19:07

Indeed it was uppompeii.

I don't want you to become too excited but.........

It closed right on the Median Line and daily volume was 12.6 million.

It would be disappointing if it fails to continue the rise next week up to 580 and then 600.

[uppompeii] 20/3/2015 16:29

I say bracke, nice finish to the week.

[bracke] 20/3/2015 13:04

The average daily volume during the last three months was 8.5 million. Yesterday it was 10.8 million which helped to move the share price up.

It is still at the Median Line (ML) and needs another shot of higher buying volume to move over the ML and onto 580.

Unfortunately unlike Mr George we have to trade real time, the thought of an actionable hindsight trade is the stuff of fantasy.

[skinny] 20/3/2015 07:38

Here is the link :-

[steeplejack] 20/3/2015 07:34

Today's Daily Telegraph has written up this extraordinary case being heard in French courts relating to one Mr George.He inherited,from the 1980s,the ability to trade on the equivalent of yesterday's investment price movements through a company subsequently acquired by Aviva.I presume Aviva's due diligence missed this exposure when acquiring the French insurer. This story is likely to run and run because it is bizarre.I only hope it doesn't start to cloud sentiment towards Aviva because it could become very expensive.It relates to a slower world unable to access information at the tap of a tablet.Note Mr George must submit his dealing instructions on paper!You can imagine a protective cordon being thrown round Aviva buildings as Mr George runs the gauntlet with his switching instructions.

This story has been around for awhile but it's gaining traction.Worth a read.

[uppompeii] 19/3/2015 15:49

He truly is a Wonder.

[bracke] 19/3/2015 12:26

Is that another gap I see? I do believe it is.

The gap took the share price over the upper trendline I mentioned yesterday and up to 567.
Yesterday I posted 568 but then I am an Elite Guru.

Just needs the buying volume of the last two days to be maintained to take it over the Median Line and up to 580. Failing that there is the gap to fill!

[bracke] 18/3/2015 15:42

Some of us are able to multi task.

The SP

I will not hide my disappointment at the failure to fill the gap; it would have been so much neater. Today's rise takes it to an upper trendline, a break above which should see 568 and a possible attempt at 580.

The FED pronounce later today after the European markets close. It is likely to have its affect.

[uppompeii] 18/3/2015 15:02

Nice little rise. (some of us have to watch the share price you know while others chit chat)

[bracke] 18/3/2015 14:37

Heaven forfend!!

[steeplejack] 18/3/2015 14:29

Only if I don't have a prang!

[bracke] 18/3/2015 13:15

steeplejack

Your car insurance will probably save you from uppompeii's ire......this time!

[steeplejack] 18/3/2015 08:13

The endowment policy was a 30 year term ending in 2016.So,it's still "live".I'll keep my head down!The heady days of the 90s past,I sold the policy as annual bonuses failed to cover annual premiums.Well,I hope my revelations don't put me in bad odour with the company!I have two cars insured with Aviva,perhaps I'll be forgiven.

[bracke] 17/3/2015 17:07

You best hope he doesn't track you down and ask you to make up the difference!

I remember when Endowment Policies were the preferred investment. I took one out when I was 18 (yes it was a few years ago). I was fortunate it did well for me and went a good way to the cost of my first house.

[uppompeii] 17/3/2015 16:51

The 25 years was up about 3 years ago bracke so he will have taken his ill gotten gains...and probably not as much as he initially expected.

[broadwood] 17/3/2015 16:43

Credit Suisse Aviva PLC 17/03/2015
Retains
Outperform Outperform
0
610.00 610.00 548.50
0

1

[bracke] 17/3/2015 16:30

Good day uppompeii

Does that mean the purchaser of your endowment is awaiting your demise or the passing of time?

[uppompeii] 17/3/2015 16:17

Oh contraire bracke, I also sold my GA endowment via auction for around the same margin. Of course the policy remains in force, the benefits assigned to the purchaser who also maintains the premium...so steeplejacks committed no crime.

[bracke] 17/3/2015 16:03

steeplejack

You realise that when uppompeii reports you to AV. as an undesirable shareholder (he is very protective of the company) you will not be allowed to purchase additional shares in the company.

[steeplejack] 17/3/2015 15:54

Many moons ago,I had a mortgage endowment policy with Norwich Union which I decided to sell.I got a surrender value from Norwich Union but then put the policy(online)out to auction through a broker.Bids had to be in within a month.I received some five bids and unsurprisingly accepted the highest which was some 30% higher than Norwich Union's quote.When I went back to Norwich Union,I confess I wound them up by saying that I had indeed decided to surrender my policy which received an enthusiastic response.After a pause,I then added I wouldn't be doing it through them which was greeted with some irritation! Presumably because they had missed out on a 30% turn.The whole exercise went very smoothly.Yet,that was because I was fairly comfortable with the exercise and was prepared to shop around.I fear many will be vulnerable if such procedures are extended to annuities.Anyway as a shareholder here,I hold no grudge with Norwich Union!