Aviva Share Discussion Threads

[dope007] 03/10/2024 14:20

All stocks are down. It's funds dumping trackers and etfs that then sell the underlying assets

[salver2] 03/10/2024 14:19

I don’t think it’s that in particular just general weakness across financials

[richie1218] 03/10/2024 13:15

I'm of the opinion that it's the Canadian business that is dragging the AV share price down, Have you seen the insurance losses due to weather related claims so far this year, they are off the scale apparently, not good imo gla

[petersinthemarket] 03/10/2024 09:39

Instability can be very unsettling, to us and to the market, but it's good for long term investors. Take advantage of depressed prices. Every crisis passes in time.

[tornado12] 02/10/2024 15:00

Market is all about confidence and this in eroding with the pending Dr Doom budget and the chaos now evolving in Isreal. If they indeed target Iran oil systems then that means Oil back over 90$ and inflation/interest rates in reverse. Its producing 5% of global needs (7th biggest producer) and could give the Russians a big income boost. October will be quite critical and volatile ... Difficult to invest in such situation GLA

[pete160] 02/10/2024 12:13

I think people need to lay off the 24/7 doom and gloom news a bit, particularly the bbc in respect of Israel, and the Daily Telegraph in terms of uk politics.
Otherwise it's too easy to get caught up in the hysteria and hyperbole.
Be aware, but be objective

[rongetsrich] 01/10/2024 17:24

May need to rethink my free regular investment trades tomorrow, the market is likely to take a real dent tomorrow.

[pete160] 01/10/2024 06:50

Lol. Thanks. Not that certain when then!

[nerja] 01/10/2024 06:26

Pete160
For instance we can be relatively certain that the BofE will cut interest rates this month

Next Boe meeting Nov 7th

[pete160] 30/9/2024 21:35

I think most things that we small shareholders know about are already reflected in the current price, whether AV or another share. For instance we can be relatively certain that the BofE will cut interest rates this month. What I think will be interesting will be if Labour change their track in reflection of the increasing troubles both inside and outside the party. My current view is that the budget won't actually be as bad as many observers are warning, and if Labour do backtrack on rhetoric between now and then, then it might not be that much different to a Tory budget!That said, for stock held outside of a tax free wrapper, I will be looking to lock in gains at current rates of CGT before the budget, and I will bring forward topping up my pension with a lump sum, just in case.

[bbd2] 30/9/2024 18:57

No problem. Apology accepted.

[grahamburn] 30/9/2024 18:37

Made a quick assumption from bbd2's phrase "I have bottled it" (eg instant/short term reaction) which may have been a mistake. If so, I apologise, given his subsequent post.

However, over many years on these boards one sees many people make instant decisions rather than having strategic investment plans.

[engelbert1969] 30/9/2024 14:39

I'm happy if I'm going to be reinvesting dividend at less than 490

[bbd2] 30/9/2024 13:48

Well with the imminent Israeli ground force invasion and strikes in Yemen, the upcoming budget and US election; I have bottled it, and taken profits in most of my dividend stocks today. Could be the worst investing mistake I have made but happy to be sitting in cash and wait on the sidelines for a while.

[rongetsrich] 30/9/2024 10:24

I do not. Analysts pump out every day of every week because they are paid to.This share is out of favour now, til March. Do you think this will rise above 500 of find a trading band lower than where it is now?Think of this period as a buying opportunity.

[adelwire2] 30/9/2024 08:41

When all these supposed experts are saying share should be well above £5, don't you think it's a valid comment.

[rongetsrich] 28/9/2024 19:31

I know you keep pumping 500- c'mon 500!! But are you watching current affairs at all?

[adelwire2] 27/9/2024 08:39

Everything blue apart from Aviva! Why is Aviva seeming to drift?

[whatsup32] 27/9/2024 07:26

Nothing happening at Av
Wonder how floods Effected them . It doesn't look catastrophic.

[stevetmade1] 21/9/2024 12:22

https://uk.finance.yahoo.com/news/13-2024-aviva-share-price-165035807.html

[xtrmntr] 20/9/2024 17:57

Three is no doubt that insurance companies are nowadays one of the most important dividend shares for income.They are attractive not because of the volume of dividends – they rarely feature in the top 10 payers on that metric, and the 50 per cent cut flagged by Vodafone earlier this year is, on its own, bigger than the entire closely watched payout for Legal & General (LGEN).Interest instead stems from the relative cheapness of their shares. The attraction of inflation-beating yields is hard to match – of the top six highest yielders in the FTSE 100, four are insurance companies, according to FactSet data.The question is whether those high yields are truly reflective of the level of risk that shareholders take when buying the shares. As ever, some are safer than others. Aviva (AV.) is an interesting example of a popular high yielding insurance share that reflects one basic truth: it is the largest insurance company in the UK to have comprehensively gotten its house in order.What was once a sprawling group built up by a seemingly arbitrary series of bolt-on acquisitions has been slimmed down to focus on the UK, Ireland and Canada, with clear delineation between the life, motor and personal insurance lines.The company's current health is also driven by the fact that costs have been tightly controlled at the same time as demand for annuities has picked up significantly. Aviva will write £7bn-£8bn of bulk annuities business this year, as defined benefit pension schemes' funding levels improve, allowing companies to offload future liabilities to insurers and simplify their own operations.But the most important reason for Aviva's popularity with retail investors is that the current management, led by chief executive Amanda Blanc, has also kept its word to shareholders when it comes to payouts. After raising £7.5bn from business sales, the company paid out £4bn of capital to shareholders by the middle of 2022.Fulfilling this commitment is no guarantee that dividends will continue to grow over the next couple of years, but current forecasts are for dividend growth in "mid-single digits" this year, or 5 per cent in old money, with a 7 per cent growth rate forecast for the following period, according to predictions by broker Berenberg. That translates into a current dividend yield of around 7 per cent, rising to 8 per cent at a price-to-book value of just 1.3 times. One reason to be cautious is that Aviva's operating profit target of £2bn by 2026 could be quite punchy if premium rates start to moderate, in which case the annuities business would have to take up more of the slack. Currently, general insurance premiums are forecast to rise at around 9 per cent for next year. What might be needed to ensure the future health of the dividend is for Aviva to smooth out its free cash flow. This has been exceptionally lumpy in the recent past, partly because of asset sales, but it is notable that the company is forecast to book cumulative cash flow growth of 12 per cent over the next two years. This seems to underline the fact that simplifying the business and focusing on what the company does best will prove profitable for income investors.Dividend policy: Cash cost of the dividend to grow by mid-single digitsYield: 7.2 per centPayment: Semi-annually, in sterlingLast cut: 2020AlternativeLegal & General surprised the market earlier this summer – not via a 5 per cent increase in the dividend this year, topped up by share buybacks, but with forecasts that the two years through to 2027 would see a reduced 2 per cent annual increase, buybacks again substituted to try to make up the shortfall. It was the first substantive act from new chief executive António Simões and showed management's determination to improve LGEN's core operating profits. Income investors may not quibble too much about this change of direction given the forward dividend yield remains well above 9 per cent.