Aviva Share Discussion Threads

[chambersiain] 03/5/2020 20:17

YF23 they've been asked by regulator to stop buybacks, but not buying another company. But you are right buybacks now would also be a good idea to limit share volume and increase SOTP leverage, buying at circa £2.5 when company valued at £6 makes a lot of sense too

[yf23_1] 03/5/2020 20:01

They could just buy back their own shares at 40p to the pound.

[ianood] 03/5/2020 19:58

Sorry, typo in the above 2602 - current mc £9bln and sotp £25
bln.

SOTP should read £25bln

[chambersiain] 03/5/2020 19:42

STEVED I get that Divis are the lifeblood for an investor, but given the regulators have asked that shareholder payments and buybacks are postponed BUT nothing about large scale investments, this could be an ideal opportunity for Aviva to get bargains and increase the SOTP from 2.5 to 3

[spud] 03/5/2020 19:00

Yes undervalued as we well know. I've 2 limit buy orders in the Market totalling 10k shares to add to my 45k shares. spud

[ianood] 03/5/2020 18:50

Culmer would be my first choice, he did a brilliant job at Lloyds and Horta Osario has been struggling sine his departure. Bring it on!

Also figures quoted in ST were current mc £9bln and sotp £27bln. Adds credibility to Chambersian's suggestion.

[steved] 03/5/2020 18:35

and the rather poor decision and lack of courage to pay the divi. Divi's are critical for the health of shareholders reliant on income and the economy which benefits from the re circulating of this into the wider economy.

[salver2] 03/5/2020 17:25

It also shows the chronic undervaluation of the company

[whatsup32] 03/5/2020 15:39

Just read the Article in Sunday Times. Rather ridiculed Tulley rightly so. Said he was the second choice after they did not manage to secure first choice from RBS. Pat on the back for me as I said he was second or third choice from the beginning.

Looks like they’re on the hunt for a new CEO , good news I think
Also good to know break up value is £25Billion that’s £5.50 per share approximately

[spcecks] 03/5/2020 15:27

I'd be quite happy happy with long term growth.

[chambersiain] 03/5/2020 14:32

I for one would be happy to forgo Divi for some low cost investments made under value, who else would? Short term Divi or long term growth? Post your views

[dbadvn] 03/5/2020 14:02

That won’t be Aviva management then....

[chambersiain] 03/5/2020 13:05

Here's a contrary idea if SOTP are x2.5 of MC, why don't Aviva use dividend cash to swoop on some cheap add in business to increase that multiple and then sell off in 2022? That would take some balls

[chambersiain] 03/5/2020 12:44

Smurfy old news and will get stopped in their tracks by FCA getting court decision that English Law takes president over 3td party carpet baggers giving false hope to poor people who didnt take extended policies that give them cover. I do feel for these businesses but government has taken massive measures to support them given it was their decision to stop people leaving their houses. There is a big difference of a pub having an out break of a known decease on their site rather than a global pandemic whereby government has stopped people going out. Some businesses have adapted to do take outs some have just assumed insurance policy will cover them when it simply doesn't. I'm not a holder of Hiscox but having seen a biased article in the Daily Mail about a 7 page response to a client being turned down the points they raise comply with English Law and are factually correct. Unless centuries of case history and English Law is ignored Im pretty sure these carpet baggers will be trying to sue brokers next for policy mis-selling, and again they are probably barking up the wrong tree as contract wording is black and white. What we need is a clear plan to get UK business back to work based on age and health. I think Sweden took the right approach, let the young healthy folks carry on as normal and those are risk shield.

[smurfy2001] 03/5/2020 12:27

Worth keeping an eye on what's going on elsewhere.

Hundreds of UK firms join forces to sue Hiscox over lockdown insurance

[salver2] 03/5/2020 12:22

It’s in the business section - Oliver shah talks about shell and avivs

[dr biotech] 03/5/2020 12:12

Can’t see it online..

[eeza] 03/5/2020 11:41

Anyone post the article?

[salver2] 03/5/2020 11:21

Article in Sunday times arguing amongst other things that the break up value is about 2.5 times market cap!

[whatsup32] 03/5/2020 10:45

Our own company is not very forthcoming with guidance at least this will give some clarity to us shareholders.

I can’t understand why our board does not say what their exposure is. Others have

[alphorn] 02/5/2020 20:49

Read that today - will just bring in some fees for lawyers. I am not suggesting btw that any claims will be successful.

[chambersiain] 02/5/2020 20:41

Here's the link

[alphorn] 02/5/2020 20:28

chambersiain - thank you for that link. May be just as you say in that there will be guys out there selling their services. The one bit that caught my eye was 'denial of access'.