Aviva Share Discussion Threads

[karv1] 16/11/2020 12:04

Moderna says preliminary trial data show its coronavirus vaccine is more than 94% effective

[spcecks] 16/11/2020 12:03

eurofox I think it's something to do with the American vaccine.

[eurofox] 16/11/2020 11:58

has a move come on brexit?

[mo123] 16/11/2020 10:11

Well I suppose there's a Moe, Larry and Curly on every board!

[whatsup32] 16/11/2020 09:32

The Times today
Aviva considers fines for shares fiasco.

Aviva considering docking pay of non execs for 2018 preference shares row.
Several non execs have left , three remaining on pay of £188k , £198k, and £121k for their part time roles

[dbadvn] 14/11/2020 11:44

At the time if the Beaufort scandal the government was pressured to enact a European law to the effect that all assets held in custody by Financial institutions were completely and legally separate from the assets of the company and untouchable. The government refused saying that it was still in process etc etc . Not sure if this was part of the general Brexit/anti Europe rhetoric or if that rule has now been enacted. My broker at the time contacted me with a load of BS about how solvent they were etc etc to which I replied that this was an industry problem and rather than tell me how good they are the needed to get together with their peers and pressure the government to sort it out . Not sure where we are today but I always check the results of my broker to check they are in good shape and use it as a bargaining stick when necessary ...

[cassini] 13/11/2020 22:21

The Insolvency Service not only charges whatever they like, they then slap 20% VAT on top of their charges as well. A total racket, indeed...

[jubberjim] 13/11/2020 19:23

So yet another victim falls to Boris Johnsons sword
What has taken so long
How much longer has Boris got before the weeble wobbles and does fall down

[uppompeii] 13/11/2020 19:15

When you say client assets, do you mean cash holdings as opposed to me holding a unit trust and the value being under, say Standard Life stewardship?And surely shares held in a nominee account are like wise firewalled?Cash, I have no idea about, but 'ownership' of that cash does not sit with the SIPP company does it?

[dr biotech] 13/11/2020 18:36

OK thanks. Either way we are due an update, AB pretty much has to show her hand.

[cjac39] 13/11/2020 17:29

just idle gossip from someone based in fr dr b.

i did that maths a while ago and i think fr is something like 15-18% eps for >30% mkt cap. and europe as a whole would be more than 50% mkt cap for 30% loss of op profit,

[eurofox] 13/11/2020 17:28

Dominic Cummings gone from No 10 with immediate effect - is a Brexit Deal (not to his liking) imminent?

[1robbob] 13/11/2020 17:18

cjac39
£1.5bn special = 37.5pps if my maths is correct.
Any idea as to the net eps loss

[dr biotech] 13/11/2020 17:10

Where did you hear that about France?

[cjac39] 13/11/2020 16:57

theres an interesting wrinkle with sipps and the like. in the ordinary course client assets in sipps will be held in a separate custody entity which is bankruptcy remote from the operator. however where an insolvency occurs and there arent sufficient assets to pay the costs of the insolvency practitioner then they can reach into sipps.

look up beaufort secs.

am hearing fr progressing but quite a bit of execution risk with unions. 3-4 still target. i would guess they pay down something like 2 of debt, bag 0.5 for group and special the rest. not sure on timing pre 26/11

[cassini] 13/11/2020 16:36

uppompeii,

Cheers for that. I read in the ii terms that they held cash with other entities, various banks, but wasn't sure about equities.

[leedslad001] 13/11/2020 16:29

Ftse only market down say no more

[uppompeii] 13/11/2020 16:26

Cassini, the money isn't help by the SIPP provider, so creditors wouldn't be able to get their hands on it.

[cyberian] 13/11/2020 15:49

LGEN share price storming ahead today after recent results with a current P/E of 7.8 leaving Aviva relatively unsung on a P/E ratio 3 points lower at 4.8...what can one make of that!!The former is up 4.4% and dear old Aviva just 1.24...better add some more like Eurofox....the share price must get a deserved re-rating soon? Good job that I also kept faith with LGEN.

[dope007] 13/11/2020 15:31

GOne pretty much all cash again now. Just have a few Aviva and BAE plus 2 small pharmas

[cassini] 13/11/2020 15:25

Off topic but for those of you that hold SIPPs, does anyone know what the position of a SIPP holder is, if the SIPP is held with one provider and they go bust?

Let's assume the SIPP value is above the £85,000 FSCF compensation limit.

In fact I don't limit the question to just SIPPs, it could be that people hold more than one type of account with the same broker.

Do people take the risk, or split their investments between different providers up to the FCSF limit, or am I missing some important piece of information? The impression I get from the bulletin boards on ADVFN is that £85k is regarded as small potatoes by many of the investors here.

[dr biotech] 13/11/2020 12:09

You’re right. Just saw a bit in sky news about it and assumed when they said “due to start” it was today.

[mark1000] 13/11/2020 12:05

Dr Biotech I believe Court case starts on Monday should last 4 days.