Aviva Share Discussion Threads

[geckotheglorious] 06/9/2022 09:08

Lewy1970
Post 14494
"Indeed Gecko, if I read the daily Mail I too would believe that, fortunately I don’t"


Neither do I. Puerile ad hom.


"but let’s keep the thread focused on Aviva - My point was Aviva’s performance wouldn’t be affected by a Labour government"

Deluded. It clearly will be as will all companies.




"I’ll stop now as religion and politics discussions never end well"

Agreed. Lefties can never accept their wrong. Just like Remoaners I find!

:)

[oggyrocks] 06/9/2022 09:02

RBC Capital Markets lifted its price target on Aviva to 510p from 420p on Tuesday.

"Given its strong capital generation, we expect that Aviva can balance enhanced shareholder returns and reinvestment into growth - an area that has historically been a key concern for investors," the bank said.
"Our analysis of Aviva's balance sheet indicates that not only can Aviva undertake buybacks of up to £450m per annum, it can generate growth to support a long-term dividend per share compound annual growth rate of 4% per annum."
RBC, which reiterated its ‘outperform217; rating on the shares, said this results in Aviva offering a sector-leading cumulative total capital return yield of 33% over 2022E-24E.
"Despite this, Aviva's dividend yield is 14% higher than its historical average," it added.
At 0940 BST, the shares were up 2.6% at 436.40p

[eurofox] 06/9/2022 07:28

I wondered what would happen - as soon as Truss was put back in (given the deregulation bias) I purchased back a chunk of AV. and LGEN yesterday early afternoon.

[lewy1970] 06/9/2022 07:16

Indeed Gecko, if I read the daily Mail I too would believe that, fortunately I don’t but let’s keep the thread focused on Aviva - My point was Aviva’s performance wouldn’t be affected by a Labour government.

I’ll stop now as religion and politics discussions never end well.

[cassini] 05/9/2022 22:53

Not promoting Labour as anything better, far from it, charlatans like the rest of them but the Conservatives seem to be spending money from our future.

What's govt debt to GDP now? 100%?

Plenty of money to spend on the war in Ukraine apparently.

What is Liz going to do about energy poverty? Spend even more money she doesn't have no doubt.

Something must be done but better not to have arrived in this position in the first place (govt green energy bill, 2008, Financial Crisis 2008 etc).

Where can one hide one's hard-earned? Maybe (some) stocks, maybe gold. Bonds look as dodgy as stocks.

Interesting times.

[coxsmn] 05/9/2022 18:45

Labours policies are fully funded using other peoples money. The problem with socialism is you run out of other peoples money as the great experiment of the 1970s demonstrated.

[geckotheglorious] 05/9/2022 10:42

Lewy197
Post 14490
"Labour are light blue these days so not too much to be fearful there"

Deluded.
They're anything but Blue labour - it's the Conservatives that have been blue Labour.

Don't be conned.

Labour are as far left as they were under Corbyn.

[lewy1970] 05/9/2022 08:56

Labour are light blue these days so not too much to be fearful there.
Hopefully some of the macro global events will calm down and We’ll be able to see Aviva in its true light and value.

[jubberjim] 05/9/2022 07:00

I am holding my postition for time being but I am quite fearful

I voted to leave but Boris ha been a disaster in his approach leaving companies defenceless against short sellers

But I think if Truss wins as seems likely she will be even worse

I am not particularly knowledgeable but her saying things like why should the rich pay more bynway of taxation will come back and haunt her

The Labour party will walk it at the next election

Keeping clear and hoping is all I can do
Good luck thankful yanks are not open today but as I said very fearful for future

Good puck

[cassini] 03/9/2022 22:14

The DOW was up 300 whilst London was open, but finished 300 points down on Friday. See how it goes next week.

USA closed for Labour day on Monday.

[mountpleasant] 01/9/2022 13:43

I am holding fire for now, until there is serious selling.

I often wonder what would need to happen for people to stop insuring things wholesale.
Looking at another UK stock, in the retail sector... I see comments such as "Discretionary spending is facing a cataclysmic decline"

[cfro] 01/9/2022 10:58

Already at extreme oversold readings on the RSI chart.

[eurofox] 01/9/2022 07:49

409 here soon. Then sub-390?

[tuftymatt] 01/9/2022 05:52

Yeah I agree.
I would love to see a survey of all broker recommendations in terms of how close a share actually traded to it's broker target. My guess is hardly any get within 10% of the suggested price!!

[tried and tested] 31/8/2022 22:23

my starting point is that all brokers talk their own book, not to be trusted an inch.

[geckotheglorious] 31/8/2022 16:42

Income stock Aviva was today favoured over Legal & General Group
after a City bank’s review of the European insurance sector focused on its significant pipeline of capital returns.

UBS boosted its target on Aviva shares by 10% to 489.5p, which compares with today’s 417.6p and the peak of 467.7p seen after better-than-expected results earlier this month.

Aviva trades with a 8.5% forward 2023 dividend yield, with shareholders due to receive their latest award of 10.3p a share worth £289 million on 28 September.

Management has already indicated a potential share buyback announcement alongside annual results in March, which based on City expectations for a figure of around £250 million will take Aviva's total capital return yield to a chunky 10.6%.

UBS predicted the return of about 30% of Aviva’s current market capitalisation up to 2024, with the potential for an increase in the annual buyback to £350 million from 2025 if interest rates remain high and the return on investments into the business materialise.

UBS adds that Aviva’s diverse earnings sources in life and non-life insurance are a competitive advantage, such as the positive benefit of higher interest rates for bulk annuity new business.

The bank adds: “We see Aviva's diversification as a key differentiator in the current uncertain market environment, allowing Aviva to grow in profitable business lines while reducing exposure to less profitable lines.”

In contrast, UBS has a “sell” recommendation and price target of 240p on Legal & General, which compares with 253p seen today.

It points to the company’s greater sensitivity to credit and recessionary risk, arguing that a 2023 dividend yield of 8% is insufficient to offset these balance sheet worries.

However, the normalisation of market conditions and delivery on capital generation in excess of dividend expectations present potential catalysts for the shares. High interest rates are also a tailwind for UK annuity writers, with L&G the greatest beneficiary.

[whatsup32] 30/8/2022 19:19

Not directly relevant to Av. But relevant to market .

Gas price tumbled 20% in the past few hours

[mister md] 30/8/2022 14:26

Well I've bought back the ones I sold at 472p for 418p now

31p full year dividend (increasing next year) = 7.4% yield

[halfpenny] 30/8/2022 13:38

AV falls below 380 or lower is a good time for me to get in. Too Risky at these levels with consumers being hit by high energy and inflation prices. Some say AV 350 a fair price.

[prokartace] 30/8/2022 13:18

Well I have held off buying back until now. The gap gets filled at 416.30p which is very close. This means that the whole results/dividend ally has been wiped out. I will definitely be buying below 416

[bothdavis] 29/8/2022 13:58

Could well go 'walkies', when you are not looking!

And the dividends are well worth it!!

[tradejunkie2] 29/8/2022 12:50

This stock is a real dog. Viagra wore off.