Aviva Share Discussion Threads

[skinny] 07/3/2024 13:26

Admiration eh! :-)

[whatsup32] 07/3/2024 13:24

Admiration signals end to car insurance price surge.


Lloyds of London delivers best underwriting performance since 2007

[muscletrade] 07/3/2024 12:49

@makinbucks....I don't think Jefferies will be too disappointed that the share buy back never quite reached their upwardly revised target of 350m(which I also had pencilled in ), as Aviva exceeded their guidance issued 9 months ago while Jefferies considered it might be at the low end(1.42B)due to the bad weather. Also Jefferies hoped that Aviva might increase their cash generation guidance to 1.6Bln by 2026, while Av have actually increased it to 2.0billion.
So no, I don't think the Jefferies folk will be cutting their wrists today.

[skinny] 07/3/2024 12:32

Yes £50k & £80k.

[muscletrade] 07/3/2024 12:30

Nice to see the Blanc family buying a nice chunk of shares.

[uppompeii] 07/3/2024 12:29

Odds on for negative close? Wouldn't surprise me.

[justiceforthemany] 07/3/2024 12:25

Those speculating about a takeover price, adding the usual price comes to 600p+. 550p would not get the job done as only a 20% premium.
600p might.

[zimbtrader] 07/3/2024 12:00

Topped up a small amount at 467. Loose change from recent dividends received and quite happy with the resultant 7% yield. Am underweight with AV. Wish I had more but happy to have these through the next 5 years or so.

[makinbuks] 07/3/2024 11:56

I agree, big mergers = big ego's , big complex IT projects and lies over synergies. But strategic bolt-ons are a different matter

[dr biotech] 07/3/2024 11:30

Hopefully not like the £5.6bn paid for Friends life..

I struggle to think of many financial mergers that have been a success. Plenty of disasters NatWest & ABN, just about all the building societies, Aberdeen & Standard life etc. Perhaps some smaller bolt-ons may have worked out.

Give me an increased dividend.

[unastubbs] 07/3/2024 11:25

looks like gravity is winning in re. the share price now.

[unastubbs] 07/3/2024 11:24

1robbob - those are very close to the numbers i'm getting. using an average repurchase price of 4.7, a present cash pool of 915m increased by 5% to 960m. fwiw i had the 24-25 dividend rising to 35.87p an increase of 7.4% on 23-24

[1robbob] 07/3/2024 11:21

Can anyone see in the Results if they have increased the size of the total cost of the 2024 Dividends, from the £950m announced at Q3

[skinny] 07/3/2024 11:19

I would favour accretive acquisitions over BBs.

Tin hat on......

[1robbob] 07/3/2024 11:14

edmundshaw
Don't want to blunt your enthusiasm, but Buyback more likely to be 2.25% of equity giving a divi rise of 7.25%

[makinbuks] 07/3/2024 11:14

Looking back at the Jeffries analysis which you posted yesterday muscletrade, they must be disappointed with the £300m BB when they increased their thinking from £330m to £350m and a £50m per year increase from there. Presumably they will revise their predictions accordingly. It may signal that more acquisitions are on the way (£800m in the last 12 months) which if done right will yield more for shareholders than BB's. I was curious that Jeffries called the investment in a Lloyds Agency "capital light". I think its anything but and certainly not the same "capital light" which AB refers to in relation to the wealth and investment management arms. I also noted in the Lloyds acquisition announcement the stated intention to invest further capital, clearly that was the rationale to sell for the owners

[tradejunkie2] 07/3/2024 11:14

Most of the gains wiped away. Once that Ex-divi happens then ouch.

[muscletrade] 07/3/2024 10:32

I watched the CEO video. It was pretty much word perfect. No off the cuff remarks or improvisation that could be misinterpreted, and the CEO was also mindful to praise all her colleagues.

[edmundshaw] 07/3/2024 10:03

£300m buyback could reduce the share cap by around 4%. Add a 5% cash increase in the total dividend cost gets you around a 9% projected increase in the dividend for next year. I hope the share price can keep pace with that!

[unastubbs] 07/3/2024 10:01

share price fell 2.5% from 9am to the end of the presentation so it obviously didn't go very well...

[dr biotech] 07/3/2024 09:53

Results day under Ms Blanc is completely different to the Moss/Wilson/Tulloch ghosts of the past. I can view them sitting on the sofa rather than behind it.

Brief summary here

[whatsup32] 07/3/2024 09:53

There may be some profit taking but I see no reason for it not to go above fiver in the near future.
Papers have been very positive with AB so I expect good media tomorrow and weekend

[igoe104] 07/3/2024 09:52

Alot of traders on here. I'm happy to continue to hold pick up the lovely dividends and hopefully the share price will be over £6 plus in afew years time.

[skinny] 07/3/2024 09:46

FWIW - I've held the bulk since 2010 and will continue to hold as they are part of my income area.

2 down ticks - really!