Aviva Share Discussion Threads

[smurfy2001] 06/10/2023 09:36

So Betaville, The Times, Bloomberg and now the Guardian.

18m ago
09.16 BST

In the City, shares in insurance group Aviva have jumped almost 8% this morning, lifted by takeover speculation.

The talk is that the likes of Allianz of Germany, Intact Financial Corporation of Canada and the Scandinavian group Tryg are considering their options, with at least one mulling a £6 a share proposal...

[babbler] 06/10/2023 09:33

The "rumour" isn't from this BB it's from the times and other websites.

[babbler] 06/10/2023 09:32

The director wouldn't have known at the time of buying shares.

[cestnous] 06/10/2023 09:31

So elephants can gallop sometimes

[spud] 06/10/2023 09:31

Exactly mark.spud

[bbd2] 06/10/2023 09:31

Surely the recent director transactions would rule out any formal bid discussions so unless a potential interested party shows their hand ( why would they) I guess we are in for a “ we know no known reason ….” RNS

[marksp2011] 06/10/2023 09:29

Depends if there are >2 bidders
maybe a bid flushes out others

Silly when all we have is a rumour on a BB that isn't exactly famous for accuracy

[kirkie001] 06/10/2023 09:23

Spud, if you genuinely think that 800p is possible in any way, shape or form, then I'll have a pint of whatever you're drinking....

[garycook] 06/10/2023 09:20

AV were 735p.I sold them. 06/11/2007 Sold S092458301 735.08p

[pvi1] 06/10/2023 09:17

I'm not selling just saying what I'm sure many others are thinking

[smurfy2001] 06/10/2023 09:16

Are they really going to leave us hanging over the weekend? 🤔

[spud] 06/10/2023 09:13

600p is about the minimum required to get it over the line imo (great for recent investors and general penny punters) but for those longtermers with a six figure plus investment here, not quite so.


You have to bear in mind that this Company is about as gilt edged as it gets in this Market atm, offering a great yield and growth prospects to boot. Sure you could find plenty of other companies to invest the proceeds of a successful t/o in, but none with the pedigree and peace of mind that this undervalued outfit engenders.


I’m hopeful that any bid will flush out further suitors who just can’t pass on the inherent value. If that is so, 800p is eminently feasible, a price that would properly and fairly compensate holders for the loss of a worry-free, well run, high yielding company with terrific growth prospects (that also allows sound sleep at night).


We shall see.


spud

[oggyrocks] 06/10/2023 09:08

Pvi1 - this is what we have been waiting for and why we invest. If you sell and miss out you will have fomo for rest of your investing experience.

[plunger2] 06/10/2023 09:07

Count me in for £6 minimum if it happens.
I can't see Amanda recommending less.
LSE is trounced. Foreign bids will be the menu du jour for a year or two.

DYOR

[marksp2011] 06/10/2023 09:07

Yep
I am in the same boat
BBerg are saying "it is all very vague" and they have contacted Aviva for comment.

If AV say...nah! this will be 380 in minutes.
If they say something else it is off to the races

[pvi1] 06/10/2023 09:05

Do I sell now because its all a rumour and buy back at 380 in a couple of weeks. Do I wait for 650 buy out and retire in the sun.Whichever I choose will be the wrong decision.

[smurfy2001] 06/10/2023 09:04

On Bloomberg live.



Bloomberg have reached out to Aviva for comment.
Also mentioned the times as well.

[cyberian] 06/10/2023 09:02

I guess that the CEO would not have to make any comment on this rise unless talks are in progress. The shares have been undervalued for some time having been up to close to 450p at one time in the last year. Fingers crossed and well done eurofox (hope you are feeling better) and CWA1.

[marksp2011] 06/10/2023 09:00

let me sell you divi reinvestment shares at 418 before the share price drops back to 380

Come here little sheep :)

[smurfy2001] 06/10/2023 08:57

I’ve just bought high-yield Aviva shares! Here are 4 reasons why

[smurfy2001] 06/10/2023 08:56

betaville has a part 2 uncooked alert.

[peart] 06/10/2023 08:51

It's so cheap at around £4. £6 is an absolute bargain for an acquirer, in my opinion. I hope Amanda Blanc doesn't sell out for that. The UK is so cheap generally. Just some rumours like this might get the ftse 100 share prices moving....

[boystown] 06/10/2023 08:49

It's all a smokescreen while they prepare a £2.10 bid for DLG! :-)

[tuftymatt] 06/10/2023 08:49

No smurfy it's not but based on my average / current market conditions I would take it and put the money to work in other high yielding shares I consider undervalued at present.

To be talking about 500 when a few weeks ago 350 was more likely is / would be ok with me but if it goes through even higher then that's just great. Of course it's just speculation right now so anything can happen as I have seen with MNG for example in recent times.