Aviva Share Discussion Threads

[uppompeii] 08/4/2020 08:13

So what's the point of having all that solvency then?

[tygarreg] 08/4/2020 08:11

Come out at 2.38. Not bad but that's the drop we would have expected on exdiv day! So definitely some capital growth to come

[wllmherk] 08/4/2020 08:11

I'm out, will see if LGEN falls a bit today and will top up there. The dividend from them will compensate for my loss here. DLG has also pulled dividend, they were due to go xd tomorrow.

wllm

[chinese investor] 08/4/2020 08:08

Not Bad !

At least they won't be paying out much car insurance - nobody's driving !

[spud] 08/4/2020 08:05

This has never been bought for capital growth. Expect PFMs to sell out here & rotate into L&G.spud

[inaminute] 08/4/2020 08:03

I don't think it necessarily means it's less robust, more a prudent measure given these uncertain times. The key is the next review

[32campomar] 08/4/2020 08:01

Think problem is some investors only bought for the divi, leaves it very exposed in the short term

[tygarreg] 08/4/2020 08:00

Sure to drop but that's also illogical as money retained in company value! Will take a while for market to recognise that fact

[32campomar] 08/4/2020 08:00

I'm the same, sold into the bear market surge. That said I'm very surprised at the decision to pull it, does this mean things are not as robust as we first thought? I think 200p must be on the cards in next couple of weeks

[solarno lopez] 08/4/2020 07:50

You are correct alex1621

[wllmherk] 08/4/2020 07:49

Im not so sure Alex, they might think it an opportunity to rebase dividend due to economic impact of the virus.

wllm

[wllmherk] 08/4/2020 07:46

This will open well down this morning, very disappointing. Will survey the damage and might sell out at a loss today depending on the depth of the fall.

wllm

[alex1621] 08/4/2020 07:46

It's not like PPI, where the money is sent out the door. The cash is still in the business, and if covid-19 fades by the end of the year or before there will be a bumper dividend to look forward to.

[solarno lopez] 08/4/2020 07:41

Thanks Spud a phrase I should know

I like your phrase better Donut !

[spud] 08/4/2020 07:37

Poorly played AV. imo.spud

[death by donut] 08/4/2020 07:33

Oh i thought it was Dividend cutting barstewards. :-)

[eurofox] 08/4/2020 07:30

Dead Cat Bounce

[eurofox] 08/4/2020 07:25

... I can't believe my luck. I was suspicious of the sudden surge yesterday and off loaded full holding of over 100,000 of these at an average of 272 at a small loss. There will many more DCBs to come.

[p0pper] 08/4/2020 07:24

ffs some of us rely on such divi's to bolster our pensions, well under water here already so can't logically sell either.

[wskill] 08/4/2020 07:21

Underwater here already this will not help what is Aviva worth without a dividend £1.50 at most.

[mountpleasant] 08/4/2020 07:18

Its a punch in the gut alright.
Also indicates the following dividend wont be paid.

[superbarnet] 08/4/2020 07:17

This will bomb today and holders will move to L & G

[linton5] 08/4/2020 07:15

Dlg and aviva obviously releasing divi statement togethe. Cannae believe it shocked