Aviva Share Discussion Threads

[buzz24] 17/2/2023 17:15

Horses for courses. The share price was way over 5 pounds a couple of years ago and the Dividend was around 30p. Now its around a pound per share less and you have 24% less shares and about the same dividend. I suppose as usual it depends on what price youu paid for the shares but nobody that paid over 5 pounds would agree its a good share. Remember you can get over 4% in a bank account now and no depreciation of capital other than inflation which is another problem of course. IMO this is a poor share and being in LLOYDS since the price crash was a far better bet and in a sense being in shares is gambling, not investing...another hare running! ;)

[engelbert1969] 17/2/2023 14:52

Robbob I totally agree and couldn't have put it better myself. Like I say ... I'm very happy. (Not sure why your comment is directed at me, but all good)

[makinbuks] 17/2/2023 12:13

Agree with Rob. In Calendar 2022, I received dividends of 6.7% and adjusting for the cash returned to me the capital value of my holding increased 7.4%. In a difficult year for investment when most DGF's lost money I'd say that was a pretty good return

[1robbob] 17/2/2023 11:13

>>....'Most people on here, thought it was a bad deal'
No they don't

[buzz24] 17/2/2023 10:06

The problem was this share was well over 5 pounds and dividends were around 30p BEFORE they said they were going to return 5bn pounds to shareholdere AND them doing a share buy back for a billion and then REDUCING your share holding by 24%. Yes it was voted on as usual by the large shareholders. The share price has not gone up, its gone down. And they MAY just keep the same 30p dividend but on your 24% LESS shares you had before. Most people on here, thought it was a bad deaL. It was. I don't own any of these shares.

[marksp2011] 17/2/2023 09:44

It is fair to note that the long term performance with this is dire
If you are a "buy and hold" you could still be a long way under water

Not sure the problem is that Buzz has. The price paid was the price at the time. You could always buy more is you wanted

i will continue with the Aviva plan, sell just before the interim XD and then buy back monthly until the following Feb

[1robbob] 17/2/2023 08:30

Englebert1969
All matters relating to the share consolidation were approved by shareholders at the Annual General Meeting of shareholders

No 'Assets' or 'Shares' were confiscated.
The entire share capital was reduced by the same amount.
Dividends per share were increased pro rata as were earnings per share and assets per share

[keyhole] 16/2/2023 20:18

Englebert1969: re 15315

Smart move. I should have done the same myself, but the share price didn't stay at 390 for long and I missed it. I'm still wondering what other line of business can confiscate your asset at a price chosen by themselves and without the owner's permission.
Or maybe we don't really own our shares?

[smurfy2001] 16/2/2023 14:40

Half way up a narrowing wedge pattern.

[rongetsrich] 15/2/2023 20:41

I think so too.

[smurfy2001] 15/2/2023 20:29

Be interesting to see if the range bound position we're in will breakout post results.

Hunch is it will.

[rongetsrich] 15/2/2023 20:12

Buzz, let it go. If you have broken even why not sell and find a share that appreciates you? Don't whine about history, it won't change a thing.The UBS upgrade may well have started the real market interest in the upcoming results, this share has legs I think.

[engelbert1969] 15/2/2023 14:32

I got something for nothing... 25% of my holding given back to me as cash at 420p+ per share. Used that to buy back in at 390. Watching carefully and waiting but happy for now

[tornado12] 15/2/2023 13:59

I think all the insurance & pension players are treading water waiting for the FY results. In the next 3-4 weeks all will be revealed and I hope it plays out as minimum expected for last year and 2023 outlook. I will be re-investing at some point if confirmed for the +7% dividend in tax free ISA.. GLA

[eurofox] 15/2/2023 11:37

the only thing that is wrong with this share is the quality of the large army of amateur margin traders who want something for nothing

[buzz24] 15/2/2023 11:18

I think it was a poor deal myself. This company was paying higher dividends than it is now and they have taken 24% of the shares away and there is no guarantee the dividends will be paid or go higher. All shares went down 50 odd per cent during covid and most have recovered.

The shares have done nothing for a year..even with all the expectation and remember the ftse 100 is the highest its ever been and these shares are still struggling to make headway!

[edmundshaw] 14/2/2023 15:39

I think AB has rewarded us rather well with an efficient, slimmed-down, healthier looking company. Yes we lost some dividends in 2020, arguably up to about a year's worth, but the share price is up around 50% since she took over; yes that was during the COVID dip, but the price is still over the beginning of 2019, and looks a lot healthier to me for the future. Yield is going to be good at over 32p in the future too.

[warranty] 14/2/2023 11:07

Are we expecting any specials along with the normal dividend? We still haven’t been rewarded for the cuts (unnecessary) during Covid yet and I’m still not convinced we benefitted from the recent changes in the company by AB. Time for rewards I think.

[masurenguy] 11/2/2023 07:58

Aviva 'top pick' in a cheap insurance sector, says analyst
Sector is cheap but that is not enough on its own Deutsche Bank says

Aviva PLC (LSE:AV.) remains Deutsche Bank’s top UK life insurance pick due to the combination of value, a fundamental earnings story, and a continued repositioning towards a more focused and disciplined company. Overall, the sector remains cheap, analysts at the bank said, but on its own, that is not enough, with a lack of catalysts seeing prices drift recently. “At current levels, most shares offer good value - with an average 2023e dividend yield of 8.2% in 2023e (ex Just), however, this 'cheapness' alone is unlikely to attract investors. “Instead, we think bottom-up themes will provide relevant entry and exit points over the year,” hence Aviva’s appeal, added the analysts.

[cyberian] 10/2/2023 22:54

Love a sense of humour nerja...but don't despair, your day and ours will come.

[nerja] 10/2/2023 20:23

Err because I have got most of them!

[cjac39] 10/2/2023 18:18

Anyone know why all insurers down today?

[smurfy2001] 10/2/2023 12:33

Trade filled @ 437.40.

[muscletrade] 10/2/2023 10:54

Solvency II rules could be fast tracked - reports

The Government is understood to be in talks to speed up the introduction of insurance reforms that would release £100bn for investment after months of clashes over the slow pace of the changes.

The Treasury is in active discussions with the Prudential Regulation Authority and insurers to find ways to quicken the process, sources told the Financial Times.

Officials could look to implement the reforms to the EU's Solvency II rules in two stages, it said.

It would see insurers soon allowed to swap the need to hold bonds for assets such as green technology or housing, with other changes such as reporting requirements implemented more slowly.

Shares in life insuers Aviva PLC (LSE:AV.) and Legal & General PLC were lower in early exchanges reflecting the weaker market mood while the FTSE 100 is now at 7,894.78, down 16.37 points, or 0.21%.

[1robbob] 10/2/2023 09:10

cjac
Put another way
L&G has little scope to improve its relative performance in the immediate
future...wheras AV has plenty!!