Aviva Share Discussion Threads

[skinny] 16/5/2022 09:09

Well done CWA1 - there was a turn to be had at the lows earlier.

[cwa1] 16/5/2022 09:05

Managed to get some just under 390p edmundshaw, could've got them cheaper if they'd been easily obtainable through either of the brokers I had cash with, so a bit frustrating overall. Hopefully will look a solid price to have bought at though. Fingers crossed...

[chucko1] 16/5/2022 09:00

Price closed at 404p. Take off 101.69p as that is capital paid out on the OLD shares. So we get to 302p or so.

Now consolidate by 25/19 and we get to 25 x 304 / 19 = 397p. We are at 396.5p right now, so basically unchanged.

Entries posted by HL (broker) are not easy to follow, but it is early and they have not yet allocated any return of capital, it seems.

As for the rest, who knows?

[bobo18] 16/5/2022 08:55

Can't buy with Barclays....so frustrating, theses should settle back at 4.10...

[edmundshaw] 16/5/2022 08:50

Looks a bit of a bargain this morning. Added a few at 390p. The share consolidation should not affect the price materially, after all. Even if there are people trying to sell today for tax reasons, the price movement seems a bit over the top...

[typo56] 16/5/2022 08:44

Yes, for reference it looks the SEDOL codes are:-

0216238 pre consolidated shares (last week)
BPQY8M8 consolidated shares (now)

[tornado12] 16/5/2022 08:44

Price is tempting once the divi payment arrives on 19th for long term dividend at north of 7% !

[cwa1] 16/5/2022 08:32

Thanks Typo56, the new SEDOL code got me back up and running again with AV.

[careful] 16/5/2022 08:28

waste of time trying to work out ex consolidation price.
it will all wash out.

[godin] 16/5/2022 08:26

cwa1 its halifax

[montyhedge] 16/5/2022 08:24

Cut to neutral by Goldmans.

[typo56] 16/5/2022 08:21

I believe the SEDOL code has changed, which would probably be more than enough to confuse some brokers!

[cwa1] 16/5/2022 08:21

If you don't mind me asking, which broker are you using godin?

[godin] 16/5/2022 08:20

I just bought using same ticker.

[cwa1] 16/5/2022 08:17

Is there a new ticker to buy AV. stock? Just tried to get a price-but both brokers I tried with are saying they don't recognise AV.

[coxsmn] 16/5/2022 08:11

It's a share consolidation i.e. get fewer shares at same price.

[careful] 16/5/2022 07:45

I assume the value of our shares will fall today.
Cash to be paid to us by 31 May.

This is a huge distribution, obviously they do not need the cash.
Outside of an ISA I suppose it is a messy CGT calculation.
Divi this week as well.

[micky tapp] 16/5/2022 07:41

Apologies if this has been answered, but it seems to me at a share price of £4 and a consolidation & payment of 76 & £101 respectively, the resulting net value after this exercise is exactly the same. Am I reading this correctly that I will end up with no increase in overall value, just less shares at the same share price and a matching payment?

[pvi1] 16/5/2022 07:17

https://www.investegate.co.uk/aviva-plc--av.-/rns/aviva-plc-return-of-capital-update/202205160700055044L/

[klotzak] 16/5/2022 07:12

I was expecting all to be squared with my broker.... Still got same number of shares, so a bit anti climatic.Futures are down though, so hopefully this share is heading south today.

[jubberjim] 16/5/2022 05:57

Cassini

Having read last post am little bit wiser unfortunately a lot poorer

I have had the knack of picking tops and bottoms in any particular stock alas often in the wrong sequence

I know a great deal about very little and very little about a great deal .

Caveat empor .

Have a good week everyone

[cassini] 15/5/2022 16:25

If things follow the accepted stock sector rotation then at the top (we appear to be past that now?) one should be in commodities and energy.

As the market falls, conventional wisdom says rotate to consumer staples, healthcare and utilities.

Or, if one thinks a big crash is coming, go to cash, because if stocks fall faster than the rate of inflation, stocks will be getting cheaper even with high inflation.

Timing is all in that last case of course.

[paultightwad] 15/5/2022 14:29

strathroyal- where would you invest next? It's a plan I had not considered, but rather than build here, if the price makes buying hard to justify when I compare other stocks, then why not accept I've made a decent profit and move on whilst the price settles down.

[mountpleasant] 15/5/2022 13:25

Was that a typo?
I think you mean 405.