Aviva Share Discussion Threads

[leedslad001] 01/10/2020 14:19

Sounds like heaven and then we wake up ?

[1robbob] 01/10/2020 14:05

The Tories will leave Boris in post until after Brexit has been completed.
...Nobody in their right mind would want either responsibility
Then depending on the results of Brexit and Covid there could well be a
change!!!!

Meanwhile, Aviva will cruise forward with the steady hand of AB at the tiller.
Selling undersized businesses, energizing staff to achieve higher returns, improving the share price and...payng handsome dividends to long suffering shareholders

Well I can dream....

[jubberjim] 01/10/2020 13:50

No
But I do think Boris is a liability
The core supporters have seen their income slashed by the withdrawal of declared dividends
They have watched their pension investments shriveled to the inability of the government to take decisive action such as that taken by other countries at the start of their crisis
China took swift action and halted all trading for 1 week at the beginning of this pandemic volatility
Other countries in Europe embargoed the short selling of stocks that were coming under pressure from the hedge funds
Meanwhile Boris and his chief advisor come up with a set of measures to underpin and stop the spread of the virus
They then promptly disregard that advice and think there will be no consequences
This government has no credibility and as such we are all suffering
The poor performance of Aviva is primarily down to the vaccilation attitude of the former CEO Maurice Tulloch and the BOD
That is why we are suffering
It will not be forgotten come the next election
But the ineptitude and lack of resolve shown by Boris et Al is nothing short of disgraceful
I thought Ms Blanc has started of well but now needs to continue to restore confidence and start the share price moving in the right direction

[spud] 01/10/2020 13:50

Absolutely not! But a change in direction re the massive overreaction to this virus would do wonders for the economy and Markets!!The UK should be open for business not cowering under a rock ffs!spud

[watfordhornet] 01/10/2020 12:50

Do you think a change in prime minister or a move away from conservative will result in a bounce in the markets?

[jubberjim] 01/10/2020 12:31

Words fail me....

[jubberjim] 01/10/2020 12:29

Unfortunately while the lamentable buffoon remains in No 10 the market will continue to lack confidence
Boris is oblivious to the fact that the Tory Party bankrollers are quite happy to finance the conservative party coffers while selling the cream of British industry down the river
Shortselling should be suspended while we are in the grip of this pandemic but that will not happen while the befuddlement continues
The entire leadership of the ruling party are conspicuous by their continued absence and unwillingness to take the measures necessary to prevent this country and its inhabitants being sold down the river
At this moment in time their is no point investing in any share on the stockmarket while the flailing fool is in charge
Come brexit Boris will be gone
I cannot stand Kier Starmer but he does not have to do a thing at the moment
Boris is doing his job for him
Johnson take your head out of the sand and get a grip

[pol123] 30/9/2020 18:24

AV looks very good value at this price and AB is making the right moves. We will end up growing, less debt, super strong balance sheet

From this is expect a good divi and capital growth. My investment timeline here is c2ys +

I have put a significant amount of cash to work here and am confident AB can deliver

[cjac39] 30/9/2020 18:07

PE’s are less interesting with insurance companies generally

New business and IFRS have huge assumptions in them and highly manipulable (ask wba)

Balance sheet valuation first

Free cash flow or own capital generated and combined ratios

Dividend is reasonable proxy to free cashflow generally

[whatsup32] 30/9/2020 13:26

If only it wasn’t ‘fool.com

[spud] 30/9/2020 11:59

Here’s why I think the Aviva share price could be set to double
Alan Oscroft | Wednesday, 30th September, 2020



Insurance company shares tend to be more volatile than the FTSE 100. Both in times of exuberance and in times of gloom. Aviva (LSE: AV) is a good example. The Aviva share price has fallen 32% in 2020, compared to a 22% drop for the index. The shares are only around 286p now, after starting the year above 420p.

Prior to the arrival of the Covid-19 pandemic, Aviva was already struggling a little. Investors weren’t too happy with the lack of impetus from top management. They just seemed to be happy muddling along and paying dividends. But the rest of the industry was working towards greater efficiency following on from the financial crisis.

As an Aviva shareholder, I didn’t object too strenuously to taking the dividends. But the Aviva share price performance hasn’t impressed me much. It was lagging the Footsie even before the 2020 crash. Some of the cash being handed out as dividends could surely be put to better use, aiming for longer-term gains.

New chief executive

Amid the pandemic chaos of 2020, we’ve seen some very positive moves from Aviva. And you might have missed their importance while seeking to avoid the depressed sector altogether. The key move was the appointment of Amanda Blanc as new CEO in July.

As my Motley Fool colleague G A Chester has suggested, her rapid investment of £1m in Aviva shares was a big vote of confidence. At today’s Aviva share price, she’s down a little, but I think she’ll do well from those shares over the long term.

Under Blanc’s leadership, Aviva has already moved to sell off a majority stake in Aviva Singapore. The sale, to a consortium led by Singapore Life Ltd, is expected to conclude by January 2021. It will raise £1.6bn, which will do some good for the balance sheet.

More changes to come?

I’m expecting more in the way of restructuring under the new boss. And there might be a short-term need to redirect capital. To that end, I wouldn’t be surprised to see the Aviva dividend rebased when it’s fully reinstated. Analysts currently forecast something close to the pre-pandemic levels and, on the current Aviva share price, they suggest yields of 9-10%. So there’s room for something less than that while still providing a decent yield. And, under a new boss is often the best timing for such changes.

Even with a rebased dividend, I’d still see Aviva as one of the best buys on the FTSE 100 right now. We’re looking at forward P/E multiples way down in single digits. Forecasts suggest something between 5 and 5.5, which I think offers plenty of upside. The shares are trading at a hefty discount to net asset value too, which lends further support for a potential bullish resurgence.

Can the Aviva share price double?

Brexit is still weighing heavily on financial stocks, and I don’t expect them to get back to index-average P/E ratios of around 14 for a while. But something around 10 or 11 wouldn’t be stretching at all, in my view.

I could easily see Aviva shares doubling in price over the next 12-24 months, and still looking like decent long-term value.

spud

[ianood] 30/9/2020 10:52

pally12 - Have I missed something, what is the relevance of this article to Aviva?

[bothdavis] 29/9/2020 21:35

Errrrrrr....whole market was down today!!

[linton5] 29/9/2020 18:36

Getting that way dope a long long way to go and suffer

[dope007] 29/9/2020 18:06

Quoted on the UK mkts is the only excuse any stock needs to be valued at stuff all

[essentialinvestor] 29/9/2020 17:11

For you knowledgeable people, is there a reson the motor insurers were
down sharply today?.

[1robbob] 29/9/2020 10:09

Just on the savings point; some of us may be a tad older than others!!!

From memory in the early 1970s when inflation hit near 30% savings rates were circa 10%...a net loss in real terms of 20%

Currently inflation at say 1% (but probably approaching zero or deflation!) and interest rates at zero..net loss in real terms of 1%

In the intervening years, I would guess that on aveage real interest rates have been circa zero throughout

[1pencil] 29/9/2020 09:35

I expect to see more of these headlines over the coming months pushing markets higher, at least that's the theory.

Not sure on the 'active' management bit though, generally high ego based fees coupled with shabby performance.

Savings are dead – should you pay for an 'active manager' for your cash?

Top savings rates disappear within days – and it is only going to get worse

[carpingtris] 28/9/2020 20:57

Or buy some supplements for those of us too lazy, lol

[1pencil] 28/9/2020 20:22

Mushrooms..

..put some regular mushrooms out in the sun for 15 minutes or so, these little vegetables synthase vitamin D similar to human body.