Aviva Share Discussion Threads

[tradejunkie2] 31/12/2023 22:02

Indeed, see you all at the new year party.

[whatsup32] 31/12/2023 21:27

Happy new year to you and all here. It’s going to be a great year

[rongetsrich] 31/12/2023 20:40

No need to apologise, all good here.HNY to all, let's see if the market is kind to us this year.

[smurfy2001] 31/12/2023 17:33

Central banks poised for rate cuts in 2024, investors and economists predict
Falling headline inflation rates and slowing G7 economies put pressure on monetary policymakers

[1robbob] 31/12/2023 13:31

yump

>>...'Presumably it gives some tangible benefits like being able to graze your sheep on the banks of the Thames'.

Only if they have Public Liability Insurance from...Aviva

Happy, Healthy and Wealthy New Year to ALL

[yump] 31/12/2023 11:12

The gravytrain of honours is a farce, when it includeds services to capitalism and greed. Presumably it gives some tangible benefits like being able to graze your sheep on the banks of the Thames.

[kasamavic] 30/12/2023 21:37

My mistake, I meant we started at 4.60 and are currently 4.32.I would have thought it was obvious what I was referring to, but there you go.

[1robbob] 30/12/2023 19:40

My post 14th December '18216'

...My over riding thought is that AB would like ideally like to leave AV after a 5 year tenure; with a job well done, substantial capital gains by all, a Damehood , in huge demand as a Non Exec...and hopefully for me, .....Chairperson of the Welsh Rugby Union'

Well that's the Damehood done!!!..only 18 months to do the rest

PS: I thought we started 2023 at 420p

[spud] 30/12/2023 19:30

Yes, I’m struggling with that. I wasn’t the smartest at math but even my feeble understanding of it has me scratching my head at that post.

Edit: I think he’s meaning 460 not 360. #Sloppy

spud

[rongetsrich] 30/12/2023 19:01

How did we end lower?

[smurfy2001] 30/12/2023 12:42

Aviva boss Amanda Blanc and retail guru Mary Portas among business figures in new year honours list

[smurfy2001] 30/12/2023 11:44

Yes i'm a very pleased RR. holder. Wish l was as pleased here.

[whatsup32] 30/12/2023 11:27

1Rob yes lovely write up in The Times
"Aviva chief is honoured for raising SP"

In which case Tufan Erginbilgic of Rolls Royce should be knighted , he raised share price by near 300% in 4 months.

[ayl30] 30/12/2023 09:40

Agreed! Let's hope she does not do a Dame Alison Rose!!!

[1robbob] 30/12/2023 08:52

Congratulations to Dame Amanda

[pj84] 28/12/2023 11:05

Aviva to earn another £80m from sale of Singlife stake

"Aviva will receive an estimated £80million extra from the deal to offload its stake in Singapore Life Holdings (Singlife).

The insurance giant initially agreed in September to sell its 25.9 per cent holding in Singlife, in addition to two debt instruments, to Japanese company Sumitomo Life for £800million.

It now expects to receive £930million in total proceeds related to the sale after Sumitomo reached a separate arrangement to buy the Singlife stake belonging to asset manager TPG Capital.

Aviva expects to use the additional cash for either reinvestment, investor returns, or mergers and acquisition deals when the deal is finalised, which it expects to happen in the first quarter of next year."

....

[1robbob] 27/12/2023 13:28

bbd2
Highly likely that a further £300m/£400m Share Buyback Programme (circa 3% of outstanding ord shares) will be announced with the Annual Results on 7th March

Should this be the case and the Programme successful the dividend per share increase for 2024 vs 2023 should be around 7% ie 35.7p (33.4p est)

[bbd2] 27/12/2023 11:51

True but I wonder how long it will be before the last option is utilised again.

[1robbob] 27/12/2023 11:31

bbd2
Nothing new there, all been said before

[bbd2] 27/12/2023 11:29

Hmmm……

“Under this framework, any surplus capital is available for reinvestment in the business, bolt-on M&A, and/or additional returns to shareholders”

[cwa1] 27/12/2023 10:19

Christmas bonus :-)

27 December 2023



Additional proceeds of c.£80m expected from Aviva's exit of Singlife joint venture



Aviva plc ("Aviva") today announces that it expects to receive approximately £80m1 (SGD 0.1 billion) of additional proceeds relating to the sale of Aviva's stake in Singapore Life Holdings Pte Ltd ("Singlife"), together with two debt instruments, to Sumitomo Life Insurance Company ("Sumitomo Life"). The additional proceeds are the result of a separate transaction whereby Sumitomo Life has agreed to purchase TPG's2 equity stake in Singlife. Receipt of the additional proceeds is conditional upon the completion of the separate transaction between Sumitomo Life and TPG.



The revised total proceeds that Aviva expects to receive are approximately £930m1 (SGD 1.6 billion). The disposal proceeds will be considered alongside Aviva's existing capital management framework. Under this framework, any surplus capital is available for reinvestment in the business, bolt-on M&A, and/or additional returns to shareholders.



The disposal of Aviva's stake in Singlife, including the sale of two debt instruments, was announced on 13 September 2023 and remains subject to customary closing conditions, including regulatory approvals, and is expected to complete in Q1 2024.

[cjac39] 21/12/2023 09:49

1rob sorry but this is precisely what happens for eg with abrdn / std life / phnx and back in the day henderson / pearl. 10 yrs over all the aum. but with some guard rails over performance which is more than they have today with AGI or MNG. so in some sense its less of a conflict than today.

[cyberian] 20/12/2023 23:47

eurofox, hopefully you are not away yet on a tropical Island for Christmas as I wanted to ask your views about the Wall Street decline late today. Just a brief profit taking after a very strong run recently, a modest correction or more up your street down to some Zero-day options and technicals being the culprit around 3.00 pm.ET?? I know what the same day options are but for the less informed they give their owners the right but not the obligation to buy or sell the underlying asset at a set price. Not that I have ever tried this type of options. I had instantly thought of you as the ever warning/knowing expert person on our UK other Friday closing options on the past.

I had read that nearly a million option contracts were expiring on Wednesday on the S&P500 with a strike price of $475...once some party said at the "Closing Bell" it seemed like the selling begot selling. At the lowest point of the day the S&P dropped 1.23% while the Dow Jones average shed 373 points ,or 0.99%.

Answers on a post card please! but seriously, any views are welcome, and hopefully the Dow fall tonight will not disturb our forward momentum correction to improving year-end levels in the FTSE.

Some really excellent views/analysis on our Aviva BB today, and many thanks indeed.