Aviva Share Discussion Threads

[cassini] 29/8/2022 12:12

Is that a tongue-in-cheek comment? ;0)

[mountpleasant] 29/8/2022 06:39

The best we can hope for today, is that AV. price stays flat.

[spud] 28/8/2022 17:54

Probably quite fortuitous for those Long that Monday happens to be a BH. spud

[spud] 27/8/2022 10:00

That's the problem with being retired fj - You lose all track of time! spud

[fatherjack3] 27/8/2022 09:49

Bank Holiday Monday so will have to wait for Tuesday. Happy to hold off until it dips below 4 which seems odds on.

[spud] 27/8/2022 09:22

Monday is going to be interesting to say the least. Those with spare loot are going to have plenty of opportunities out there for the foreseeable.

spud

Edit. Spot the deliberate mistake!

[heialex1] 27/8/2022 08:42

Like Legal & G, Weakness here offers great long term value. Will get capital growth and great long term dividends. Happy to accumulate if it drop much under 400

[halfpenny] 27/8/2022 07:35

Keeping my powder dry and waiting for July lows about 380 then will make my move at 350. Keep patient too Risky at present!!

[spawny100] 26/8/2022 20:12

The only place to hide imo careful is in commodities and raw materials. My portfolio is half cash ( to try to get in once we've crash landed) and half commodities.

[tuftymatt] 26/8/2022 19:55

Expectation pre meet was 50 / 50 on a .5% rise or a .75% rise.
Now it's more like 60 / 40 in favour of a .75% increase.

[mountpleasant] 26/8/2022 18:29

No pivot... Onwards and upwards.
This means high yield stocks are less attractive. Unless they still have a progressive dividend policy.

[eurofox] 26/8/2022 15:33

Some market players were betting on a pivot - so there are some disappointed bunnies.

[yf23_1] 26/8/2022 15:26

DO you mean the market was expecting a peak in interest rates soon, i.e a pivot point ?

[eurofox] 26/8/2022 14:38

Well, that's 420 reached is 409 the next stop? Sentiment will not have improved for the market as a whole by Tuesday morning after stewing about the "no pivot" from Powell over the bank holiday weekend.

[tornado12] 25/8/2022 16:11

Back at consolidation price but now with fwd yield of 7,3% covered x2 by earnings. Looking in future to load up more but hoping for sub 400p. I didn’t expect to get here so quickly, but maybe a nice opportunity is arriving in the next few months. Recession fears drop financial shares like a stone and only the stalwart mature companies , like tabacco have chance to maintain share price In this current play also energy , but this can be also very volatile in recession. Need patience and cash to take future opportunities into 2023 GLA

[cjac39] 24/8/2022 18:10

i think thats right dope. my own view is the bv has increased here into 4.6s. the business is clicking along as shown by the almost uniformly good results. mgmt team has rotated into decent hires as far as i can tell and the macro set up doesnt trouble me that much. im cautious on recession etc esp europe which looks really bad but having bailed out of those businesses and reflecting that insurers in general dont get hit by recessions as much as past as they dont hold as much outright eq and prop, i would hold here for divi and wait it out. i put my special into mng but am still 25% cash waiting for st drawdown. fundamentals are horrible everywhere inc us and us housing so im expecting a pullback but inflation is rolling over in us so i think short sharp for me.

[dope007] 24/8/2022 14:12

Results bounce almost wiped out so worth a nibble here

[tried and tested] 24/8/2022 12:12

Worth a read

[mo123] 24/8/2022 09:43

The US mkt expected the FED to adopt a more dovish tone because inflation fell. Equity mkts therefore, had a decent run until last week.
That is the opposite of what the FED intended.
QT may also be a -ve for risk assets.

[tuftymatt] 24/8/2022 08:00

Yeah but I don't get that myself as no one in their right mind would seriously expect a FED pivot in September. They have to remain hawkish as inflation only came off a bit in the US recently. Anything other than a decent increase in interest rates will see inflation rise again and that's the key battle both here and there right now.

[mo123] 24/8/2022 07:56

Lot of mkt apprehension ahead of JH on friday and the possibility of a hawkish FED.

[tuftymatt] 24/8/2022 07:44

Agree it's better to be in than out of those you listed which is why I got back into MNG yesterday at 201. To be honest I didn't see the drops to this level in this sector happening otherwise I too would have taken some profit.
Stay positive by thinking about the dividend yield and buy more once the next leg up starts to happen is what I keep telling myself.

[eurofox] 24/8/2022 07:43

Meanwhile the relentless increase on gilt and fixed income bonds continues apace - buckets of money evaporating (when you remember the bond/gilts market is far bigger than the equities market) for those that bought them during the last few years.

[eurofox] 24/8/2022 07:39

There are so many tracker funds following FTSE that as the whole market gets pushed down with withdrawals to help hard pressed families and small businesses, the impact is across all stocks regardless of how good they are on their own merits. This relentless pressure over the next 6 months will impact AV. among others and that is why I reduced all my holdings by 50% first thing Monday. It provides a good war-chest for recovery when and if that corner is turned next year. Why keep 50%, well, any of these companies (AV., LGEN, PHNX and MNG) could be take-over targets and anyway, I still have very large holdings.