Aviva Share Discussion Threads

[whatsup32] 15/9/2020 09:13

The Times , today Tempus half page on Aviva . BUY
'New chiefs turnaround should buoy SP'

[whatsup32] 15/9/2020 09:03

I read somewhere there would be an updated announcement on France by end of this month .I wasn't expecting completion just more info on the three bidders and chosen winner with sell price

[dr biotech] 15/9/2020 08:53

If they sell France (assuming thats the intention) before the end of the year then I think that would be reasonably quick.

[essentialinvestor] 15/9/2020 08:46

As the CEO has just bought an update on France next week would be surprising.

[whatsup32] 15/9/2020 08:39

cjac39.
Thank you for that. Please keep us informed .

Agree it shouldn't affect Av. practicaly, but should judgment be for consumer then sentiment may be against insurers regardless of fact Aviva has little exposure.
Either way it will be good to get closure.
Hopefully update on France next week and div. Payment received

[cjac39] 15/9/2020 08:20

I think high court ruling is due out this morning. Shouldn’t really affect av too much but will be interesting

[cjac39] 14/9/2020 21:06

Cjac39 2robbob

[1robbob] 14/9/2020 20:45

Cjac38
I dont disagree at all
I am guessing at the most likely scenario

[cjac39] 14/9/2020 20:30

Hmm I’m not sure I’d be trusting them with proceeds. Resize the debt to a co 10-20% smaller post selling off non core but I’d like to have the rest as a special that I can reallocate to far better compounders than AV

[1robbob] 14/9/2020 20:05

I think AB has a better strategy that we are giving her credit for

The Far East disposal and also France by mid September should take the share price to 310p/320p

Then later in Q4 the dividend announcement for 2019 and also 2020 onwards
If she pays balance of 2019 Final and 8p 2020 interim, the income return for the next 6 months would be 7.6%...nobody has focused on that!!
Ongoing div of 24p pa we would yield 8%
Provided the market doesn't fall apart; we are 340p bound (7% yield)

Then we might trust her to re-invest some of the disposal proceeds!!!!!
That I think is ABs strategy, she is undoubtedly a realist

QED

[eurofox] 14/9/2020 18:56

The finishing volume weighted average price was higher than on Friday - a good outcome

[whatsup32] 14/9/2020 18:32

Wow what a day . A penny move , even that was in the wrong direction.

[leedslad001] 14/9/2020 14:00

Might have to wait with news due to purchase for 30 days

[whatsup32] 14/9/2020 13:13

Well she bought £1M and price went down , buy another £1m and it’ll go down a bit more.:)

I expect more news on disposal front within 2 weeks a la France

[edmundshaw] 14/9/2020 11:59

Come on Amanda, buy another £1m, you know it makes sense! :))

[leedslad001] 14/9/2020 11:07

Roller coaster week

[eurofox] 14/9/2020 11:01

triple witching on Friday - wonder how options expiry is going to go

[leedslad001] 14/9/2020 10:25

I wish lol 298 should be

[leedslad001] 14/9/2020 10:25

Added a few more @ 288

[cjac39] 14/9/2020 10:17

Np wba. It is concentrated and much higher risk but the ceo is very good as is chief actuary and they are doing good job sorting out issues

[leedslad001] 14/9/2020 10:06

Think this is been walked lower to get rid of some pi,s to fill order for big boys on the cheap.

[wba1] 14/9/2020 09:02

cjac; thanks for the Just info. I am no expert on that area so had concerns given the focused nature of the business and issues. I will add them to my list for a close look.

[salver2] 14/9/2020 08:40

Surprised slightly by the price action - thought it would rise especially with the rest of the market fairly strong - I suppose a bit like the housebuilders they seem to go down on good news

[eurofox] 14/9/2020 08:17

Anyone selling now must want their head tested

[inaminute] 14/9/2020 08:14

I doubt she was working on a 10 minute payback