Aviva Share Discussion Threads

[dope007] 16/8/2024 10:30

It's the FTSE

[garycook] 16/8/2024 10:16

Anyone know why the FTSE 100 is down 0.45%, and the CAC and DAX are up 0.24%,and 0.66% ?

[dope007] 16/8/2024 10:00

FTSE -26, DAX +153. Lols

[whatsup32] 16/8/2024 09:03

1robbob,
Was it necessary to remind us of Tulloch:)

[1robbob] 16/8/2024 08:42

Could history be repeating itself at LGEN. I see than LGEN announced the appointment of Clare Bousfield as a Non Executive Director today. Could this be a similar appointment as when Amanda Blanc was initially appointed as a non-exec at AV prior to Tulloch's departure

[dope007] 16/8/2024 08:11

I love the PE of 11 is a premium to peers, missing the point that a PE of 11 for a growing business is damned cheap and their peers are ridiculously cheap. I hold several in this sector and firmly believe it is a very good place to be longer term on a current valuation basis.

[cwa1] 16/8/2024 06:56

Bank of America have raised their target price for Aviva from 570 pence to 590 pence with an overall recommendation of BUY

[xtrmntr] 15/8/2024 21:30

From the IC.Aviva (AV.) has spent much of the past half-decade shrinking, as the insurer offloaded a series of overseas operations of variable quality, albeit for decent sums. The resulting cash dowry will be paid out to shareholders over the next couple of years.However, the now slimmed-down business, focused on the UK and Canada, is generating exceptional returns on the back of higher rates and premium volumes. The combination of these meant underlying operating profits rose by 14 per cent to £875mn to bring an exceptionally strong half to an end.The performance of the UK and Ireland general insurance business is a case in point. Here, premiums grew by an above-average 18 per cent to £3.8bn. This was largely driven by UK personal line insurance, which recorded a 30 per cent increase during the half. Although there are suggestions that rates might start to soften this year, the company still expects non-life premiums to increase by 5-10 per cent.Meanwhile, the Canadian insurance business saw premiums rise by 10 per cent to £2.2bn, while the insurance, wealth & retirement division was another notable performer with net flows into wealth management of £5bn, or 6 per cent of asset under management. It was also clear that bulk annuities transfers are becoming an important part of Aviva's retirement business. The overall retirement segment saw a contraction in sales to £3.0bn, down from £3.2bn last time, due to a tighter equity release market and slightly lower bulk annuities sales of £2.3bn. Nevertheless, the company still anticipates writing £7bn-£8bn of bulk annuity transfers this year, and £15bn-£30bn over a three-year period.Management reaffirmed, rather than upgraded, its outlook. It still expects operating profits to hit £2bn by 2026. Interestingly, this also includes a £100mn annual contribution from health insurance – a trend that has been noted as the NHS struggles. The company's all-important dividend is still forecast to grow by mid single digits. Aviva paid out a total of £906mn for 2023.Broker Peel Hunt commented that the results showed that Aviva was successfully maintaining price discipline. Consensus currently places the company at a price-to-book value of 1.5, which translates to a price/earnings ratio of 11 for 2024. That is a premium to most of its competitors, but a dividend yield of close to 7 per cent, with cover of 1.9, still catches the eye. Buy.

[carpingtris] 15/8/2024 19:37

Not sure I'd call 2% a big rise myself.. hoping if US markets finish strong today for another good day tomorrow but being a Friday no doubt peeps will sell-off.. imo.

But not me I'll stick and sod the trying to time the market.. paying all that commission jeez.

[gilesy911] 15/8/2024 19:32

Why the big rise today

[hallucinogenix] 15/8/2024 19:28

Also as Aviva dividends are paid twice yearly, we miss out on 'accumulation' of a daily rate that a for instance a cash isa may pay - The percentages i won't pretend to understand, but i'm not stupid and will look into for personal reasons.

If you thinks my sums are wrong let me know why - Thanks

[hallucinogenix] 15/8/2024 19:06

The crazy thing about shares is the amount of people who quote charts and statistics and pretend to know what is in the future.

They don't... simple as that, yes some have better knowledge but most don't and those who shout the loudest and put fire on their websites are often quite embarrassing and tend to forget about their losses.

I like honesty and i've made some horrible mistakes like almost all investors.

But today after 5 or so years investing in Aviva i sold everything with a tidy profit due to dividends, but unfortunately i think the market has changed significantly and the stability of the world in general so i'd rather take a steady 5 or so percent guaranteed on a daily basis over a 7% not guaranteed paid twice yearly.

However, if the correction i am anticipating comes to fruition then i will buy back in - but i feel it's all manipulated by the big corporations and lost trust in dividend paying companies.

This is just my opinion, and we all want to make money, so please don't attack me :)

[carpingtris] 15/8/2024 16:21

Hoping now we can put some upside above 500p.. hopefully continuing tomorrow.

[skinny] 15/8/2024 15:42

1.8m uncrossing trade near the day's high @502p



free stock charts from uk.advfn.com

[scoble2] 15/8/2024 14:12

"If there will be a takeover offer, what could be the offer price per share?"

[smurfy2001] 15/8/2024 13:20

Assuming that's a break out of a narrowing wedge, then the upper trend line is around 562p. Therefore, I'm targeting 550p before l reduce my position.

[mountpleasant] 15/8/2024 13:05

It's an illusion

[mountpleasant] 15/8/2024 13:05

It's an illusion

[gilesy911] 15/8/2024 12:47

Five pounds again !!

[skinny] 15/8/2024 12:41

US numbers should do it!

[carpingtris] 15/8/2024 12:39

A knats whisker!

[1robbob] 15/8/2024 09:44

Do not forget that as a result of recent Share Buybacks, the reduction in the outstanding shares is increasing our annual dividend per share by an additional circa 5% per annum over and above the 'mid to single digit % increase each year' in the total dividend payout.

[smurfy2001] 15/8/2024 09:31

Buybacks are good long term if a share price is trading below NAV. It no longer makes sense for Aviva.