Aviva Share Discussion Threads

[spud] 22/5/2024 08:31

Ridiculous overreaction to this good news on inflation - It’s a classic case of straw clutching in order to lower the Index.

I fully expect the main Market to be in the blue at close.

spud

[dope007] 22/5/2024 08:29

Along with the dividend :)

[carpingtris] 22/5/2024 08:00

Is there supposed to be a trading statement today? sure I read that somewhere..

[muscletrade] 22/5/2024 07:10

inflation figures slightly hotter than expected although as PJ84 points out the direction of travel still in place. Futures now negative and sterling strengthened.

[pj84] 21/5/2024 22:00

Irrespective of whether the first cut is June or August the direction of travel is clear and hopefully the long overlooked high dividend paying quality stocks will see a sustained rise over the next few years.

[pj84] 21/5/2024 21:56

Roger Bootle in the above article mentions the BoE forecast is that inflation will fall from 3.2% to 2.1% and he thinks it could drop as low as 2% which could lead to a June cut but even if it falls sharply to 2.5% that would probably delay any cut.

[whatsup32] 21/5/2024 21:04

Bank of Englands Bailey expects quite a drop in April inflation data FT.

[pj84] 20/5/2024 21:29

I posted the following as part of my post 18259 on 15 Dec 23

"The other major factor has been UK pension funds etc. moving form being major holders of UK shares to a now almost non-existent holding. But history tells us that things look darkest before the dawn and when the last seller has sold that is when the market turns, and UK pension funds no longer have any more shares to sell. So I am hopeful that the turnaround for most good quality high dividend paying companies has now started."

Nice to see the following from HSBC's investment bank in today's Telegraph belatedly agreeing.

"British stocks represent a golden buying opportunity, HSBC has said.

The investment bank has told clients to buy UK-listed stocks, arguing that downward pressure on share prices from pension funds selling almost £2 trillion of assets has ended.

“The long-term structural overhang of UK pension fund selling is at an end; they simply have no more UK equities left to sell,” the bank’s research team said."

[smurfy2001] 20/5/2024 09:23

500p+ new norm after results?

[1robbob] 20/5/2024 08:33

Share Buy-back update
As at 17th May

Total Shares purchased: 39.8m
Total cost of shares purchased: £189.6m
Average cost of shares purchased: 476.36p
% of Buy-back completed: 63.2%

Saved cost of Final Dividend: £5.1m

Assuming a total dividend cost of £960m for 2024
the total dividend per share will be 35.56p (+6.45% on 2023)

[adelwire2] 20/5/2024 08:17

C'mon 5 pounds

[whatsup32] 20/5/2024 07:51

Not wanting to speak too soon but our stars may be aligning. Proactive , Berenberg and Deutche all expecting good things , inflation expected to hit target 2% Wed and trading update Thursday.
If inflation does drop to 2% then expectations of interest rate cut will also increase.
We may be in for a good week.

[marksp2011] 19/5/2024 15:21

And therein lies the problem.A forecasting method of a variable based only on past values of that variable always fails. Always.In two years time you will be able to reinterpret all the data. There is no accepted empirical data to support wave theory

[rongetsrich] 19/5/2024 14:51

https://www.proactiveinvestors.co.uk/companies/news/1047832/aviva-to-fire-on-all-cylinders-in-next-weeks-update-1047832.html?rel=scroll

[cyberian] 18/5/2024 14:41

Proactive has apparently commented that Aviva is going to show that it is firing on all cylinders in next weeks update,and that is endorsed by Berenberg. The latter has added that profitability should have improved in Canada with a booming bulk purchase annuity (PBA) market. Deutsche Bank are also very bullish on the company.

[jasp3] 17/5/2024 08:49

What's the P/E ratio of UK insurance market? And is Aviva reaching the top end of this level? Do we feel there's much more to go on the share price?

[yf23_1] 16/5/2024 17:37

start of wave 5 or an extended wave 3.
If its a wave 5 then it could be the biggest as that would make wave 1 and 3 roughly equal in length.
I'm glad you're all paying attention.
:)

[p0pper] 16/5/2024 15:33

1robrob, totally agree, nothing wrong with AV. but after the last couple of years corporate actions and now a smaller entity are we now at fair value?

LGEN I hope so, needs a breath of fresh air injected in to it, just hope for the best

[1robbob] 16/5/2024 14:26

pOpper
Absolutely nothing wrong with AV.
My concerns are; how long will AB be in post? and an inevitable downturn in the GI underwriting cycle?
....perhaps the new CEO of LGEN is about to embark on a similar 'programme' as AB did so successfully at AV...we will find out when he outlines his strategy on 12th June

[skinny] 16/5/2024 13:43

Multi year high in view @499.40p

[tuftymatt] 16/5/2024 13:36

As long as the markets in general stay positive then this will too is how I view it.

A break and hold of 500 seems highly likely to me this summer, especially if we get a rate cut, as high yielders will become even more in demand.

That's not even taking into account the company performance.

Good luck all 👍🏻

[p0pper] 16/5/2024 13:20

Those of us who have been here for an age know the history of this company, taking that in to account does anyone else think this is getting a bit frothy, or, more to go?

[whatsup32] 16/5/2024 08:02

FT. "Berkshire Hathaway reveals secret minority stake in insurer Chubb"

Conglomerate has quitly amassed $6.7b stake in new York listed insurance group

Last week he wasn't keen on insurers due to EV

Regulators allowed Berkshire to build a stake secretly .
Rough holding is around 6.7% of chubb

I hadn't heard of companies been allowed to build secret stakes. Seems unfair to me