Aviva Share Discussion Threads

[imagining] 12/4/2021 11:28

Once they have completed high coupon debt repayments and share buybacks,eps on remaining shares in issue should be fine and growing imo. Especially as they will refocus and grow the remaining core. There is clearly an underlying game plan imo and the CEO has put her money where her mouth is.

[rcturner2] 12/4/2021 10:59

You have to be careful with the historic PE figure now that they have sold off significant parts of the business. We are still to find out how the rump will fare in terms of eps and dps going forward once they have completed debt repayments and share buybacks.

[imagining] 12/4/2021 10:50

When the £5 TP Is reached that would still only be a p/e of about 10. RSA meanwhile are on a p/e of 22 following a takeover offer for a mere General Insurer. Now that Aviva has been made ripe for a takeover as well, there could be huge upside. I would not be surprised if an offer comes in within the range of £8-£10 in due course. Fingers crossed!

[wynmck] 12/4/2021 09:51

yes D.B now £5 from 425p.Buy

[father jack1] 12/4/2021 09:47

Looks like Deutsche Bank agree with you Spud, just raised their price target to 500p.

[edmundshaw] 11/4/2021 22:48

For CGT calcs, I can recommend hxxp://www.cgtcalculator.com/algorithm.htm - I have been using it for many years and it is very reliable. Never yet found an error. You must, of course, read instructions carefully and enter all the data.

[whatsup32] 11/4/2021 20:55

Let’s hope you’re right

[spud] 11/4/2021 20:09

Seeing as my hunch that we'd hit 4 quid during Q1 has crystallised, I'm going to predict £5+ before end of Q3. Let's see...spud

[pdosullivan] 11/4/2021 19:50

Is there any sense on the timing of when the capital returns might start please - H2 of this year or 2022's business? Thank you.

[whatsup32] 11/4/2021 19:47

Where America goes we follow.
‘Economy growing much more faster hiring much more quicker’ Jay Powell fed Chair.

This article is worth reading FT ‘Jay Powell says US economy is at an inflection point.

[woodhawk] 11/4/2021 18:59

Don't forget you have your capital gains allowance of £12.5K (no tax on that part) and £2K allowance on your divis.

About 80% of my portfolio is already ISA'd and SIPP'd, so the amount of paperwork I have to do annually for the taxman is declining, thank God.

[klotzak] 11/4/2021 17:22

Thanks Woodhawk. I have used my ISA for last year, and did some SIPP stuff as well.
Im not sure how you got on, but as soon as the vaccine was announced in January I was day trading, up to trading a stock over a max of a month. Until I sat down and looked at what I'd made. Nov-March were mental, as apart from TUI I did ok (I'm happy with a £100).
Once I noticed my profit there was nothing to do about it, as I couldn't leave cash for up to 5 days before withdrawing it for my wife's account.
I will pay tax, but at least I made a profit, I was sat on AV. and Barc from the sharp drop with no cash to get stuck in!
I will research the 30 day rule, which somehow I don't think I'm going to enjoy learning!
My pants won't be down next year, all to ISA and SIPP from now on!
Thanks for the time, though, it's the dirty side of shares when you give it back!

[ayl30] 11/4/2021 17:00

Consolidate the 38 spreadsheets into one?Not that higher an amount of trades some people have hundreds!

[woodhawk] 11/4/2021 15:53

Yes, you need to be aware of the 30-days rule and buying/selling same day, etc. The resources I listed above will help you do the calculations incorporating the current rules.

[mark1000] 11/4/2021 15:50

Klotzak are you going to shift any funds into an ISA? your allowance is 20K a year and in relation to these funds you do not have to worry about CGT. The funds invested in an ISA remain just as available to you if you need to withdraw the whole lot. CGT can be simple you buy a share you sell that share remember to add on stamp duty and transaction costs to the purchase cost and deduct transaçtion costs on the sale price difference is the Capital gain. Much more complex when you are rapidly buying and selling the same shares in under 30 days between the buys and sells and at the same building or reducing holdings. You have time to become an expert before your next return and read up about CGT on shares if it makes sense do it yourself if you struggle then get an accountant but its not that difficult and you need that knowledge to understand how to trade effectively.
Good luck

[woodhawk] 11/4/2021 15:50

I use both those sites to get the results I need for my annual accounts. Best of luck. You will need to send details of your calculations with your tax return.

[klotzak] 11/4/2021 15:49

Woodhaw, thank you so much.

[woodhawk] 11/4/2021 15:47

klotzak,

You could use an accountant, or you could do it yourself. There are resources on the web to work out your liability based on the correct accounting procedures. There links might help as a starter:

hxxp://www.stonebanks.co.uk/cgtnotes.html
hxxp://www.cgtcalculator.com/algorithm.aspx

I have used resources like these to do my own calculations in support of my Tax returns for the past few years with no problems.

If, however, your gains are within your SIPP (or Shares ISA) you need do nothing nor report anything.

[mark1000] 11/4/2021 15:04

Remember 123 Trev AB can increase profits and the cash the business throws off by looking not only to pay off expensive debt but also cut business costs.The much shrunk empire should come with a hugely shrunk HQ cost in fact this is a damn good reason for a proper look at costs right accross the remaining countries stream lining. In a way selling the Countries and shrinking costs is the low hanging fruit but its hugely sensible that these are her first targets. If UK Eire and Canada can continue to grow revenues and the Uk stock market continues to slowly climb towards the 8000 mark I believe we shareholders are in a very good place.

[klotzak] 11/4/2021 14:56

A plea for help!

From November onwards I got heavily into buying and selling shares. Over 38 trades in my AJ Bell dealing account, whilst the going was good and it taking 2 days for the contract date plus up to 5 to withdraw funds... I just stayed in AJ Bell.
I have just had a look at my tax return (I'm not rich, I just pay into a SIPP to offset child allowance) and they only allow 20 spreadsheets. A spreadsheet covers a single share, when I have 38 trades to provide details of, as I bust the £12300 CGT allowance.
How do I do this return, or am I now into accountant territory?

[whatsup32] 11/4/2021 13:58

Looking forward to next week . Expect US to continue motoring north , specially Nazdaq with reporting season for headliners APPL,MSFT...

AB has tasked herself with selling everything that’s sellable and getting share price up. She stands to benefit financially and making her mark.

[ianood] 11/4/2021 12:01

Mark1000 - yes, that's my reading of "at Pace" too, especially when closure on France is not expected until the year end .

[123trev] 11/4/2021 11:45

Oh yes very experienced but on top of that with something to prove here remember it’s the only job she would come back for she has history here and something to prove and you shouldn’t forget how long she was with AXA!

[bis5] 11/4/2021 11:05

Can’t see this being years from what I’ve seen and read AB is a lady that gets things done sooner than later

[123trev] 11/4/2021 10:44

I think caution will be the focus regarding special dividends the worlds a different place now they will monitor how they grow the core business if they can and release profits according to results so over a number of years I think it’s the more prudent thing to do. Although AB has moved fast there is a game plan here and that’s putting this up for sale or running a steady focused income share done right this could be a real winner.