Aviva Share Discussion Threads

[eurofox] 14/8/2020 11:36

The problem with selling and buying back is that it only takes a favourable announcement to be on the wrong side of the trade. So I'm holding tight to what I buy at the moment.

[cyberian] 14/8/2020 11:33

Compelling at these levels again as there has to be some creative news from CEO over coming weeks/months. The sector has done well and only expect a modest adjustment after recent rally...I could be wrong but the alternatives look too risky.

[eurofox] 14/8/2020 10:07

added 282.951

[eurofox] 14/8/2020 09:10

Right now if the divi were only 6p/year, that is above 2% yeild and better than money in the bank. Since I'm still 80% cash it makes a compelling argument to top up with price falls.

[linton5] 14/8/2020 09:06

Selling at306 was the move to be honest no doubt about it. Market always wins 🙈

[uppompeii] 14/8/2020 09:02

I'd rather get some at 367.3 than have it fall back to 267.3.If that happened the liklihood would be further gains, however if it fell to a cheaper price it would surely reestablish Aviva's downward trend.I've never quite got why buyers want a fall in price if they already own shares.

[milliethedog] 14/8/2020 08:20

Just as a(hopefull) guide i got in on July 30 @ 267.3
Maybe it will get that low again....
M

[eurofox] 14/8/2020 08:15

added 287.4

[lord gnome] 14/8/2020 08:14

Good trade Millie. Wish I'd been sharp enough to do the same. 300p was always looking like a short term top.

[milliethedog] 14/8/2020 08:12

Pleased i didn't buy back in yesterday having sold Wednesday @ 304.2
Same with Lgen....
M

[cyberian] 13/8/2020 16:45

Just missed...never mind maybe add a few more tomorrow as the story is about to begin, hopefully.

[eurofox] 13/8/2020 16:28

added 293.6

[1pencil] 13/8/2020 16:00

Industries which have traditionally powered markets higher are falling out of favour, oil, gas provides cheap fuel to power the US economies, coal is another for China.

many industries are simply unsustainable without exploiting the earths finite resources, plastic single use packaging is a good example.

All of these practices will change over the next 2/3 years opening up opportunities for other less damaging businesses, just need to spot them early..

[milliethedog] 13/8/2020 15:07

Gary, yes my 'watch list' is BT, IMB, AV, LGEN, RDSB, HSBC, LLOY
....
General market dropped on 30thJuly. I bought LLOY, AV & LGEN as they had taken quite a hit. Thought AV & LGEN might recover on the run up to XD. LLOY just seemed cheap.
Sold all yesterday for 13%, 12% & 12% respectivly over about 7 trading days.

In & out like that seems to be working for me.
M

[milliethedog] 13/8/2020 15:01

You sound very much like me p0p; watching & waiting. Keeping plenty of powder dry.
Yes, agree, QE is supporting all indices. World Governments have 'invested' a hell of a lot of money to support markets. But, once the selling trickle takes hold the market may collapse as crowd mentality takes hold...

I hope not
M

[gary1966] 13/8/2020 14:54

The reality is that a lot of us on here are in life and non-life insurers as well as tobacco and other more traditional defensives so by default we are all to some extent agreeing with Buffet and Soros. These companies will not go out of business, will continue to produce good cash flow and profits but of course in the short term their share prices will be affected by general market sentiment. Dividends are starting to creep back which is probably the other reason why most of us are invested in these type of stocks.

Appreciate the popular view won't be to include banks in this category but they are very cheap in comparison to book value and are starting to attract interest from the investment community.

[p0pper] 13/8/2020 14:45

Millie, this is obviously only my opinion but I genuinely believe that the US is overpriced, but, it just keeps going up because of the FED, also where else do you put your money at the moment? people keep saying we are headed for a reccession and may be we are but at the end of the day, who knows but I am being ultra cautious as to what I buy at the moment and have a war chest in case the markets do tank. I think the FTSE100 stinks as well as we still have the Brexit deal to go through or not, all I know is that according to "experts" is that the UK is the worst performing economy at the moment and short term I can't see it getting any better.

[milliethedog] 13/8/2020 14:35

Nice comments folks, and thankyou for them.
The premise of my question was just to guage if anyone shared my worries that the US indices were overpriced & were due a correction.

Anyone else want to add their view?
M

[spud] 13/8/2020 14:18

I believe it's called Hedging! :-)

If you believed the so called 'experts', you'd have missed out on the last Bull run. I believe most were saying that the Market was overpriced in 2015!

You pays yer money and takes yer chance. I wouldn't however take advice from a BB no matter how good that Board was....

spud

[1robbob] 13/8/2020 14:12

For what it is worth
My experience after 40 + years of investing

It is never ever the problem(s) you can see that do you financial damage, it's
those that you can't see that do.
A bit like an iceberg: its not the top that you can see that does damage its the bottom beneath the sea that does

Whenever I am asked what the market is going to do?
I tell half the questioners +20% and the other half -20%, that way 50% believe I am brilliant!!!!!

[milliethedog] 13/8/2020 13:15

Well i chose to post that question on Av bb as i thought i'd get some balanced views.(even tho off topic) Thanks to those who have replied so far.

Have spend last couple of hours doing a little research on stock market crashes.

My take is that a correction of some sort will come from the US indices, and spread here. Something will trigger it; could even be a 2nd wave of Covid once the cold weather starts. Could be some awful GDP figures.

In 2002 the Nasdaq was at 1,314. (assume you mean year 2000 E)
If it drops to that level it would decimate the entire FTSE....

DYOR
M

[1pencil] 13/8/2020 13:01

The existing financial paradigm as we know it could change beyond recognition.

Trumps a big advocate of negative interest rates, something the Fed has resisted as pressure mounts.

Perhaps the market is already pricing this in.

[eurofox] 13/8/2020 12:27

Well done Cyberian

[eurofox] 13/8/2020 12:26

As a view on NASDAQ it doesn't worry me as an AV. investor - would love a "2000" reset of technology stocks and a rotation into solid cash generators - the money has to go somewhere and bonds are way over-priced