Aviva Share Discussion Threads

[cassini] 09/11/2020 22:36

imagining
9 Nov '20 - 20:48 - 5149 of 5154

I did sell out on Rolls-Royce. It was a short squeeze, the price went ballistic for half an hour - it hit +97% for a few minutes!

[dope007] 09/11/2020 21:35

Thanks imagining. Core holding is for the divis. Trades are for a bit of interest and any profits allow core holdings to increase. My golden rule is to never use leverage. seen too many go bust with it

[1pencil] 09/11/2020 21:28

It could be argued that the markets are stimulus driven at the moment rather than relying on their own steam.

I would prefer to see companies issuing news which underpins a recovery to some degree, others would say the market looks ahead.

Another popular term amongst media is capitulation being something that exists prior to a sustained recovery, these terms often get wheeled out when the occasion fits.

In the small cap sector which I paddle most companies appear fairly valued at present although still trawling the net.

[ftime] 09/11/2020 20:57

A question for those investors on here who are still heavily in cash, what needs to happen for you to put some more, or all of that cash into shares? Does todays announcement provide any certainty that you are looking for?

[cjac39] 09/11/2020 20:56

£6 feels ambitious.

as the clouds clear the uk value story will emerge and definitely av should be amongst that. returning to more economic norms will help on the life and inv side insomuch as investments are better behaved and spreads remain under control. hpi is also still an important input along with commercial prop levels all of which positive recently. investment flows should also increase. int rates normalising a bit is a double edged sword (some weird ifrs effects) but mostly positive and especially in the non life book as wba will poss agree.

my personal target is £5 for av at which point i would prob end this journey. beyond that they would have to demonstrate some much more sensible capital compounding.

[imagining] 09/11/2020 20:51

But Dope007, I wish you all the very best with your core holding.

[imagining] 09/11/2020 20:48

I would have top sliced if it was rolls royce, who had a 43% gain today,considering their massive debts and dilution following recent rights issue etc etc. With Aviva's fundamentals and prospects, I'm happy to bide my time. I'd be astonished if this fails to hit 360p by xmas! (2020).

[dope007] 09/11/2020 20:29

Top sliced because an outsized move like that on what is a first stage will generally see some profit taking and a pullback of some sorts.

I did the same with BT, Barc and LLOY. But not direct Line due to trading update tomorrow.

[imagining] 09/11/2020 20:02

Now that we're finally advancing from the doldrums,the last thing I intend to do now is to top slice (or any slice for that matter). This looks on course to be valued at £6 minimum in due course with some juicy dividends along the way.

[salver2] 09/11/2020 17:14

That’s the boy!

[dope007] 09/11/2020 16:43

Not out Salver. Just top sliced my higher priced trades that's all. If they drop a little I buy back, if not the rest go for the ride

[eurofox] 09/11/2020 16:36

good outcome from closing auction

[salver2] 09/11/2020 16:25

I wouldn’t be out of Aviva at 3.00 still ludicrously undervalued

[dope007] 09/11/2020 16:14

The mkt prices in the future but as we know it is also going to come down to how much ore easy money is coming down the pipe. A vaccine should reduce that money flow, and if rates tick up then we have a new and quite large problem

[gary1966] 09/11/2020 16:11

Dope007,

Sold most of my daughters holdings but can't bring myself to sell any of mine. Will probably regret as my more cautious approach with my teenage daughters money has yielded much better results than with my own.

Dow has given back 650pts from its' highs today but thankfully the FTSE hasn't given back an equivalent amount.

wba1, Many thanks for your thoughts.

[wba1] 09/11/2020 16:07

Gary1966; certainly market sentiment will have improved which may help a bit with bidders more resilient, but the fundamentals are a different matter. I would expect an improving market to help the long term and investment units so that may push their price up. Cjac can comment better on this. On the general insurance units the anticipated return to normality works the other way as loss ratios will move up toward normal. And the bidders will also have to do some guesswork on the basis of reserving this year.

Probably positive overall but not in the case of every unit.

[dope007] 09/11/2020 16:03

Top sliced several holdings as I can't see the USA staying up here, which will knock us back a little. Only top sliced as it is a risk being out, but will buy back if there is a retrace

[cyberian] 09/11/2020 16:01

wadders5...Agree 100%....one cannot afford to be out of the market at these times...the UK market is very under-valued, recently by at least 20% compared to the US and some other markets over recent months. Many have been looking for perceived pure growth stocks and hence the huge rally in tech stocks. However, some key sectors have been overlooked, but provide genuine/assured value and stronger recovery from their recent low base. Aviva is one of the better examples....over 400p before the Covid-19 recognition in March.

[dr biotech] 09/11/2020 16:01

I don't want to blow my own trumpet, but..


Dr Biotech - 05 Nov 2020 - 17:51:46 - 5017 of 5137 AVIVA PLC - AV.
According to a close friend who is high up in an NHS trust the initial vaccine will apparently be ready by Dec 6th, assuming results are OK. Rollout will take some time of course.




Whilst I'm on a roll, I also predict Watford will win the championship and England the Euro's

[luzley] 09/11/2020 15:47

Especially if Boris kicks the current lockdown into touch as it was based on erroneous data...........

[wadders5] 09/11/2020 15:47

Agreed. Not selling anything. Long game and dividend (hopefully) for me. Went in big when it hit the deck, sit back now. That said, don't like the dips. When it went sub £2.60 from £3.05, most people would have been thinking an opportunity has passed by to bank profit and get back in 15% cheaper! Only thing stopping most is fear of been out on days like today.

[cyberian] 09/11/2020 15:44

The vaccine news today is only likely to reflect a more positive view/attitude to a much needed change in sentiment and balanced optimism...in the UK Imperial have been at the forefront of this creative vaccine approach similar to Pfizer. Other credible Pharmas will also be announcing their own results soon and the indications are that quite a few will be revealing good results. It is a huge undertaking to get the vaccines into the market globally but with other treatments being currently used the expectation is that the vaccines becoming available will have an accelerated drive by key Governments and responsible sharing of related data. Hopefully the doom and gloom tendency by some will be forgotten in short order.

[eurofox] 09/11/2020 15:40

think I'm going to start treating it that way

[leedslad001] 09/11/2020 15:38

Would be nice

[eurofox] 09/11/2020 15:36

got a feeling that 300 is becoming support rather than resistance