Aviva Share Discussion Threads

[sentimentrules] 03/9/2019 19:07

Wow bad stuff

[buywell3] 03/9/2019 19:04

Boeing now in even deeper trouble




If the 737 Max gets binned 0.3% goes from the US GDP number I have read

[essentialinvestor] 03/9/2019 19:02

Alp, I've been waiting since June! (.

I was hoping for around 6700, or lower, on the UKX, weaker GBP helping the index obvs.

[sentimentrules] 03/9/2019 15:05

Should carry a few years of global meltdown and insurances an enforced last priority for the many

[alphorn] 03/9/2019 14:58

You assume that everyone, including the pension plans are all in cash to do that!

[loganair] 03/9/2019 14:54

There will most probably be an initial panic is there is a no deal Brexit, with the Uk stock market falling out of bed giving giving the average private retail investor a great opportunity to invest in companies such as Aviva.

[alphorn] 03/9/2019 14:01

loganair - just how is that going to benefit the UK and Aviva specifically?

The answer is that it will not.

[essentialinvestor] 03/9/2019 13:57

Multiple economies are slowing, mentioned that elsewhere.
This is wider than a Brexit related slowdown. Unfortunately we may face a double hit.

The key question is will aggressive CB action avoid 2020 recessions in multiple
countries or not - the answer also holds the key to wider stock market performance
over the next 12 months.

[loganair] 03/9/2019 13:42

Germany is already in recession and they'll do deeply in to recession if there is a no deal Brexit and will the Republic of Ireland.

[essentialinvestor] 03/9/2019 13:39

Well I guess we soon find out. A UK recession looks odds on to me.

[loganair] 03/9/2019 13:29

I understand if the UK leaves the EU with out a deal the UK already have trade deals done with 44 out of the 72 countries that the EU already has trade deals with.

Very quick and simple the UK and these 44 countries have already signed up to exactly the same deal, same terms and conditions as already have with the EU.

[essentialinvestor] 03/9/2019 13:14

If we crash out without a deal it's only just begun.

Yes we will have left the EU, but what then...?

I can take a good guess, it will be a case of scrambling to get a deal
with the EU post Brexit from a then far weaker position.

[spud] 03/9/2019 12:45

Yeah it's going to be a GE AFTER 31st Oct. Parliament will close well before the 31st and we will leave without a deal.

We need to do something and a HE is now the only option. As has been amply illustrated on numerous occasions, MPs simply can't agree.

spud

[klotzak] 03/9/2019 12:15

Brexit revoked? No chance, it's a GE followed by a hard Brexit, but I am confident that when the dust settles there's a huge upside to this share.

[tradejunkie2] 03/9/2019 11:19

Way too cheap given the yield but good old Brexit woes.

[imagining] 03/9/2019 11:10

Barclays capital re-iterates BUY, Target price 561p. That's a 60% potential upside and Fat Dividends whilst waiting. Have loaded up in anticipation. If Brexit is revoked,as it surely will be, this is gonna soar in value.

[spud] 03/9/2019 10:55

How HSBC’s bid for Aviva Asia could get even bigger - opinion
by Bloomberg


Since getting burned in the financial crisis, HSBC Holdings Plc has been in sell rather than buy mode. But now that it’s out shopping, the bank is looking to splurge.

HSBC is eyeing the Asian assets of struggling British insurer Aviva Plc, which could be worth between $3 billion and $4 billion, Bloomberg reporters Dinesh Nair, Manuel Baigorri and Stefania Spezzati wrote Thursday. That would make it one of the bank’s largest purchases since it bought subprime lender Household International for $15.5 billion in 2003.

The London-based lender should be prepared to pay even more: Aviva is sure to have many suitors. While the company had a difficult run in Asia, a buyer with more regional presence could better navigate the regulatory hurdles of a fractured market. The bulk of Aviva’s Asian assets are in Singapore, where a large pool of affluent residents has helped gross written premiums rise 13% per year industry-wide, according to Bain & Co. Aviva has 885,000 customers in the Southeast Asian country and was the sixth-largest insurer in Singapore last year – ahead of HSBC. The company accounted for 4.2% of the city-state’s insurance assets in 2018, says Bloomberg Intelligence analyst Steven Lam.

A rare, large asset like Aviva is bound to pique the interest of FWD Group Ltd., which Hong Kong billionaire Richard Li built from the ashes of Dutch insurer ING Groep NV’s Asian businesses. FWD, widely believed to be preparing for an initial public offering, has been busy buying assets: Late last year, it snapped up an 80% stake in Commonwealth Bank of Australia’s Indonesian life insurance arm for A$426 million ($302 million).

The Japanese, meanwhile, have been avid acquirers of Southeast Asian insurance assets for years, as low growth and negative bond yields at home crimp the savings of its aging population. Just this week, Japan's Taiyo Life Insurance Co. said it will buy 35% of Myanmar's Capital Life Insurance Ltd. Tokio Marine Holdings Inc. bought the Thai and Indonesian businesses of Sydney-based Insurance Australia Group Ltd. for about A$525 million ($355 million) last year, and has been open about its Southeast Asian ambitions.

It makes sense that HSBC is eager to jump in: Its chairman, Mark Tucker, is an insurance supremo, having run AIA Group Ltd. and Prudential Plc previously. The recent protests in Hong Kong are pressuring the bank, which gets more than half of its pretax profit from the former British colony, to diversify, as other firms with big bases in the city have done. On Thursday, HSBC broke its silence and called for a peaceful resolution to the tensions in a newspaper ad.

With the midpoint of the $3 billion to $4 billion price range amounting to 22 times Aviva's 2018 adjusted operating profit, these jewels aren’t coming cheap. That’s the same level at which AIA, Asia’s biggest insurer, trades. Bidders should prepare for a price war.



Copyright Bloomberg News

spud

[sentimentrules] 03/9/2019 10:45

Every company with a falling share price is getting these tips now.

Makes you think - Last BS before market collapse?

[davebowler] 03/9/2019 10:42

Tipped as possible takeover target -

[uppompeii] 03/9/2019 08:36

Now the trolls have gone, I have to admit this is the biggest drag on my portfolio.

[alphorn] 02/9/2019 13:55

14p on a March 340p put would provide immediate income and an assignment net cost of 326p. Watching.