Aviva Share Discussion Threads

[coxsmn] 22/10/2023 16:10

This is why insurance companies have risk management and modelling to allow for weather events, inflation etc. The peaks and troughs level out over time. I hold/add here for income so a low share price is actually advantageous. No intention of selling any of my holdings.

[jubberjim] 22/10/2023 16:03

As was I back in the day

Namely March 2019 when the dividend was declared by Maurice (pilloch) Tulloch when much of the self same board of directors were in situ.

If this goes +I+s up it will be interesting to see how it pans out

Yes I am still very disgruntled and an avid Un(AB)believer

Underwater on lgen but still my CV choice

Stop pumping start dumping

Bit harsh but very fearful of world events at moment

[coxsmn] 22/10/2023 15:50

Many here including myself are invested here for the dividend income in which case daily weekly monthly movements in the share price are of little importance.

[xongkudu] 20/10/2023 11:13

Richie

Interesting. Maybe the plan is for Aviva to assimilate/absorb AIG Life UK as a first step to set a synergy template and then for AIG to take-over Aviva and assimilate some or all of its other UK businesses into the greater entity.

It will be interesting to see if AIG now starts to dispose of some of its other UK business where synergies with Aviva don’t exist.

[whatsup32] 20/10/2023 11:06

The Times. "Sabre insurance gives big rivals slice of the action"
Stock markets largest motor insurance moved up a gear after profits upgrade.
Growth expectations now 20-25% from15%
Direct line up 5.4% and Sabre 1.3% yesterday

[richie1218] 20/10/2023 09:17

Makinbuks yes I think I read somewhere that we could be expecting AV to dispose of their China and Indian JV's which could raise another £1b.

On the takeover rumours that were circling the other week I've been trying to come up with a possible US company that could be interested in taking on AV, the only one that I've come up with after a bit of research was AIG which was rumoured to be interested in taking them over I think last year, It seems funny that when the rumours circulated the other week is not long after AV announced that they were taking over AIG Life UK, maybe there were some informal discussion about a possible takeover that did not lead to a formal offer but then ended with AV taking AIG Life UK. maybe ...

[jubberjim] 20/10/2023 06:46

Huge difference between setting a target and achieving said target

This juror is still out

Without the bid speculation this would still be in a 360/380 trading range and that is where I will start taking more affirmative action.

Good hunting to you all

[makinbuks] 19/10/2023 16:10

I love this from AB. Now that the disposal programme is largely done she is setting aggressive growth targets for each of the focus business areas. This is just one of them

[cfro] 19/10/2023 13:42

Anybody not watched the wealth presentation i thoroughly recommend that you do so:




They say they are the best placed to capture the significant growth in workplace pensions/wealth markets projected to rise from the current £1.3trn to £4.3trn over the next ten years.

They have 22% of the market already compared to L&G at only 16% and Standard Life at 10% for instance...

I genuinely don't think they are boasting when they say this. They probably are better positioned than L&G but i am not a sector expert to judge for sure.

[shauney2] 19/10/2023 08:56

From last week's Shares mag.Free to read.htTps://www.sharesmagazine.co.uk/article/big-dividends-the-high-yields-you-can-trust

[jubberjim] 18/10/2023 17:21

Whatsup32

Bit of a discrepancy dates wise but close enough Think back to 2020

"Beware the ides of March"

Not much has changed really


Long cash and lgen must dash

[whatsup32] 18/10/2023 14:11

Turbulent times like this Aviva is a safe haven.

[yump] 17/10/2023 09:15

Lets all find reasons why we won’t give anything up that we like to do.

I don’t like tap water, it offends my taste buds. That’s my excuse for filling the world with plastic bottles.

Then there’s always the “what’s the point of me doing x when China are doing y ?”

Some people go around getting free royalty stuff that they should pay for, so why shouldn’t I ?

[mondex] 16/10/2023 18:41

From Citywire:


"Shares worth £242,000 have been bought by one of the insurer’s directors in the week that shares rallied to near their highest level since May.

Mohit Joshi, who joined the board in December 2020 and is one of Aviva’s independent non-executive directors, made his purchase on Thursday at a price of 409p.

The shares were as high as 467p in the spring only to fall to 366p last month amid the rise in global economic uncertainty. The fall came despite August’s 8% improvement in half-year operating profits as Aviva said it remained on track to exceed medium-term targets.

Earlier this month Aviva paid shareholders a dividend of 11.1p, an increase of 8% on a year earlier under a pledge to distribute £915 million or 33.4p a share across 2023. This offers income-seekers a projected yield of around 8.6%.

Aviva continues to have a strong following in the City, with Deutsche Bank responding to the results with a 475p target price and UBS reiterating 480p.

The Swiss bank said last week: “Aviva remains our top UK life insurance pick given its diversified business model and attractive capital returns.”

Its note also examined recent speculation that Aviva is in the sights of an overseas suitor.

Modelling by the bank based on peer trading and previous transaction multiples suggested a takeover valuation range of 525p-680p a share.

Aviva has also been linked to RSA’s UK personal lines and consumer business, a move that would strengthen its leading position in the UK non-life insurance market. Shares closed last week at 410.2p."

[petersinthemarket] 16/10/2023 15:25

UK Gov set to ban new installations of oil burning stoves also in about 3yrs time. I live in SW Wales and half of Wales uses oil, gas, or wood burners. £3m+ people in Wales. Oil burners cost about £3k fitted. Ground heat gadgets about £14k minus a subsidy. Manufactures could never make and supply the quantity of the new options in the time, no chance. I guess all existing burners, like all existing ICE vehicles, will be in use for at least a decade after proposed target ban dates. I echo Xongkudo's opinion.

[xongkudu] 16/10/2023 13:28

Yep. They can F off!

[spud] 16/10/2023 13:04

Good luck regulating that in the stix after dark. They can't even collect the bins in an orderly fashion. I'll keep using my two. spud

[mountpleasant] 16/10/2023 12:51

Having a last burn are you?
Councils are going to ban burning fossil fuels. Stoves will be redundant.

[xongkudu] 16/10/2023 11:46

There’s definitely a nip in the air. I’m planning to crank up the wood-burner later. Hooray!!