Aviva Share Discussion Threads

[1pencil] 15/8/2020 15:31

Round-up of some dividend payers, L & G highlighted along with BP proposed transformation.

[imagining] 15/8/2020 13:01

she claims she's "Not a business as usual person" and promised to change things at "pace". The jury is still out!!

[p0pper] 15/8/2020 11:03

Hopefully this relatively unknown will shine.

[wskill] 15/8/2020 10:39

wba1 we would all dearly love Aviva find a model which works unfortunately the best we have is a statement from the new CEO that it is imperative the company unlocks shareholder value no timelines when this could ever happen,and I am sure the next CEO after her will be saying something similar .Poor management is all we seem to attract at Aviva .

[wba1] 14/8/2020 20:07

Just caught up after few days off.

I am amused by the comments about Admiral v Aviva. Admiral are not an insurer in any real sense, they are more like a broker. They write retail business and then reinsure the vast majority of the risk to Munich Re and have a large profit share agreement which returns money to them if that business turns out to be profitable. Their margin comes from sales of add-ons. In essence they have a business model which greatly limits their downside whilst providing them with substantial opportunity based on non-insurance elements of the business.

This is not a criticism of Admiral. Aviva could emulate the model (for retail insurance at least) if they could find a suitable partner. But do not mistake it for insurance and I cannot see a company with aspirations (however misplaced) to be a major player in the wider market going in this direction. The issue for Aviva is finding a model which works for their strategy. Admiral is not that model.

[cyberian] 14/8/2020 17:09

Having added today at around the 285p mark I feel a little relieved as to market sentiment running against the tide of some positive news ahead....a good late recovery today. Always difficult to read the market in certain sectors, but will now hold whatever prevails over next few weeks. I will keep an eye out for the unexpected as always, but happy to keep some cash back for any other candidates looking undervalued like AV. Best wishes as always.

[spud] 14/8/2020 13:00

Remind me how many deaths New Zealand has had from this flu...?spud

[1pencil] 14/8/2020 12:16

As the pandemic persists, New Zealand considers negative interest rates

[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.