Aviva Share Discussion Threads

[cool hand kev] 17/3/2020 10:24

I'm new to ISA held Dividend paying stocks.

So are the dividends payments paid into the ISA account letting the account holder
do what they like with the funds?

[creme de menthe] 17/3/2020 08:50

I have just bought LLPE at par. Thats a guaranteed 6.5% with the only risk being redeemed at 100p or Lloyds going bust.
Surely a safer investment than AV with likely cut in divi, even if temporary.

[burbelly] 17/3/2020 08:46

Cars? And soon no one will be driving?

[uppompeii] 17/3/2020 08:30

Hmm. Not buying yet..

[cool hand kev] 17/3/2020 08:09

our centre cash position at the end of February was £2.4 billion.

Is that enough?

[cjac39] 17/3/2020 08:07

Insurers will be fine - it’s not gambling buying something with net tangible positive value and downside protection at the wrong price

[dplewis1] 17/3/2020 07:56

Imagining I'm interested to understand why people think closing a stock exchange for a period of weeks is a good idea because I am of the opposite opinion. They didn't close them when there was a 'melt up' and irrational exuberance with tosspots like Eric Trump telling everyone to go all in, so why close them when people got greedy and are losing a few quid? All shares come with a financial health warning!

[linton5] 17/3/2020 07:49

Totally spot on mrrubens that’s it in a nutshell, no skill in this just pure luck

[nick rubens] 16/3/2020 22:35

Markets don't know what the outcome of the whole virus effect will be. Sellers may be giving their shares away for cheap or they may be saving themselves from potential ruin. No one really knows how this will go, hence all the cheap shares or what appear like bargains.

No one is going to officially announce any turnaround point for share prices either. We'll know what was a giveaway when it's soared in value over a period of months and wish we had filled the boots.

[sr2day] 16/3/2020 20:59

and greed.exuberance too.

[imagining] 16/3/2020 20:58

How does this compare to the Wall Street Crash? Can't believe there's been no co-ordinated global suspension of stock exchanges. The markets don't function logically in such situations,being driven by pure fear and panic!

[eurofox] 16/3/2020 20:26

DOW closed almost 3000 points down

[ozzmosiz] 16/3/2020 10:21

Lazy...thanks chaps

[andyview] 16/3/2020 10:20

Ex date is 23/04 - seller entitled on ex

[smurfy2001] 16/3/2020 10:19

Why not just goto the Aviva website ?? The ex-dividend date is on there.

[uppompeii] 16/3/2020 10:19

23rd of April, just google Aviva ex dividend date.

[wba1] 16/3/2020 10:19

I suspect that the fall in UK and European insurers is, to some extent, US driven. There are obvious risks associated with US insurers in the current situation (less capital adequacy, much higher exposure to business and private debt, fragmented and often weak regulatory oversight) which is much less of an issue for major European insurers. And in this situation the herd does not distinguish between different regimes and companies. Of course the Europeans have exposures (especially to reduced earnings on bonds - although 'mark to market' rules smooth some impacts of this sort), but they are much less exposed than (some) US insurers.

It will be interesting to see how European insurers take advantage of the current situation. I recall Allianz making several billion from taking a lead in bailing out Hartford in 2009.

[ozzmosiz] 16/3/2020 10:17

I see AV will issue close to 10% Divi come June. Anyone know when you need to own shares to take advantage of the Divi?

[wba1] 16/3/2020 09:46

Depends on the claim. One unrelated to the pandemic (eg an inability to travel due to an unrelated event or illness) will remain valid. But if it is pandemic related you are stuffed. Except that I fully expect the Ombudsman to issue ludicrous rulings to circumvent unambiguous contract clauses.

[gaffer73] 16/3/2020 09:18

Yeah states it in the small print

[cjac39] 16/3/2020 09:13

I’ve just submitted a travel insurance claim and been told the insurers are about to walk away from all travel insurance as a global pandemic is a valid exclusion.