Aviva Share Discussion Threads

[eurofox] 14/2/2024 11:47

Options expiry Friday as well

[smurfy2001] 14/2/2024 11:32

GDP tomorrow, expectations are we go into a recession.

[muscletrade] 14/2/2024 07:35

Yes Skinny while the headline figure remains at 4% it is still below consensus expectations of 4.2% and pretty much all the other metrics are below consensus too.
So the direction of travel is down/positive.
It could have been worse that's for sure.

[skinny] 14/2/2024 07:28

GBP CPI y/y 4.0% 4.1% 4.0%

GBP Core CPI y/y 5.1% 5.2% 5.1%

[muscletrade] 14/2/2024 07:05

UK inflation figures half decent with core inflation month on month down 0.9% a smidge better than expected.

[yump] 13/2/2024 23:49

Somewhere around 410p ?

[muscletrade] 13/2/2024 18:26

@cjac39, if you find any funds under the sofa cushions you might be able top up again at a cheaper price depending upon UK inflation figures at 7am tomorrow.

[waterloo01] 13/2/2024 18:19

The interest from Maquire (I think) however seems to have died away after they suggested they wouldn't chase the price. (MNG that is)

[cjac39] 13/2/2024 18:17

aha eagle eyed 1rob. my speculation is mng is traded within 12 months but speculation that is. mgmt and pra wont like it but its there for the taking. aviva is btw as cheap on sotp but is bigger and i think out of reach unless someone like brk got interested

[1robbob] 13/2/2024 17:51

Forgive me cjac
...'the inevitable inorganic' ??

[cjac39] 13/2/2024 17:07

typical. i filled a decent amount of aviva shares today at 422/423 and the price settles lower! all good though - i think the results are going to be pretty strong this period and im expecting this to replace my top pick mng once the inevitable inorganic happens there. it is amazing how stable aviva is. on the one hand you can say boring retail and unexciting ins businesses, on the other hand you can say market leading #1 or 2 franchise and therefore some price stability. its ok investing in reinsurance and us compounders but there is something to be said for boring uk retail that compounds at 10% and trades at BV

[muscletrade] 13/2/2024 14:59

UK domestic Energy prices play a not insignificant role in UK inflation calculations and BG are the largest supplier. Where BG goes the other suppliers will follow and perhaps be more competitive.

[huncher] 13/2/2024 14:49

says it all if the UK economy depends on BG playing with its fixed rate tariff.

[muscletrade] 13/2/2024 14:48

The next OFGEM review is for April.

[muscletrade] 13/2/2024 14:45

Slightly more positive British Gas offering lower fixed 15 month tariffs today that will also go down again if the next energy review also goes down. Not before time considering that gas prices are down to 2012 levels. It would have helped UK inflation figures if they had reduced tariff rates some time ago.

[muscletrade] 13/2/2024 14:39

Yep. Proving very sticky. It will probably be same for UK tomorrow. Higher interest rates for longer it would seem.

[smurfy2001] 13/2/2024 14:26

Very disappointing US inflation data.

[muscletrade] 13/2/2024 13:33

All US inflation figures on the hot side....10 year up, futures down.
still have uk inflation figures tomorrow.

[muscletrade] 13/2/2024 12:25

Analysts at Goldman Sachs initiated coverage on investment manager M&G with a 'buy' rating and 240.0p target price on Tuesday, stating it had "attractive growth, capital returns, and valuation".

Not Aviva but there are enough of us on here that are also invested in MNG (who would rather not be involved in the thread over there).

Goldman Sachs noted that M&G operates three main segments - Asset Management, M&G Wealth, and Heritage. It said these were interconnected and, in its view, provide "attractive synergies".

"M&G is an asset manager with a large balance sheet which allows the firm to seed assets and helps to drive inflows, while also generating sufficient capital to cover its dividend and deleverage over time," said the analysts.

GS also highlighted that M&G trades on a 10.3% one-year average next twelve-month dividend yield, higher than the UK life peer average of 8.9%.

"This discount is unjustified in our view given M&G’s diversified business mix, the quality of PruFund, leverage reduction and capital-light growth potential," said Goldman.

[muscletrade] 13/2/2024 12:19

Interesting headline but hardly a surprise to anyone paying attention.

"The(US)Magnificent Seven are so big, they are worth as much as all the stocks in Japan, France and the U.K. put together"

The pop in Meta's share price just a few days ago was worth $200Bln (in one day).

Some good news(as it's essentially still a British business) albeit not necessarily much use to UK value investors is that ARM has doubled in price in the last week. That was hardly likely to have happened if it had listed in the UK regardless of impressive results.

[skinny] 12/2/2024 09:56

musscletrade, I've just noticed Bailey speaking - at least its after hours.

[dope007] 12/2/2024 07:30

Which are expected to be up again, so we shall see

[muscletrade] 12/2/2024 07:27

Big week on inflation this week and Bailey giving a speech later today too(we know that usually goes down well). The big one is inflation figures from US Tuesday.

[1robbob] 11/2/2024 14:30

Xon
You are so right