Aviva Share Discussion Threads

[mj19] 03/8/2016 13:51

Anyone holding for results tomorrow

[dr biotech] 03/8/2016 11:09

Yes - BB was essentially fraudulent as they ignore the less favourable clinical results. I went to a talk by Chris Evans (the entrepreneur not the DJ!) whilst at uni and he inspired me to follow the sector. FWIW he was an excellent speaker and charismatic person after the event. I didn't have BB - I did have Chiroscience which did very well, but then I picked a whole series of duds - Regen/Ark/Ardana/Phytopharm/Oxford Biomedica/Scotia/Xenova and others. Not sure what my total losses were but fortunately it was in the days before I was relatively well off. I still hold some of them that I could write off against tax should I ever have to pay CGT - but this is unlikely as almost all my holdings are in ISAs or Sipps.

I wouldn't touch a bio now - all run by CEOs with EGOs the size of planets and most end in failure. Some exceptions of course, GWP/SKP seem to have done well recently, but I don't have them.

[diku] 03/8/2016 10:46

Yes do you remember British Biotech many years ago?...that was a disaster for me!!...

[dr biotech] 03/8/2016 10:36

I think it takes the emotion out of it. I am a biochemist of sorts, and I used to invest in biotechs which was very interesting and but was a financial disaster. With the funds I seem them as a buy and hold infinitum sort of investment. Perhaps that is equally bad. Now my buys are only from the dividends I have received. I am also partial to the odd SB - but that is strictly limited to a few hundred quid at most. That is the total risk, not the amount per point.

[diku] 03/8/2016 09:53

Do you really wanna give your money to those fundies?

[dr biotech] 03/8/2016 09:35

I have done that too. Roughly 75% of my meagre wealth is in trackers/cash/funds, only 25% is in directly held shares, of which this makes up about 15. Feels significant but isn't really. I came to the decision that there are people who are better than me at investing, and it's les hassle. Having said that some of the funds haven't exactly shone either.

[uppompeii] 03/8/2016 08:55

Don't remind me Dr. I did well purely down to buying in the 180's after the crash and having a few lucky guesses on spread bets. Got caught out on that divi cut though like many and the 20% fall in the aftermath. I still hold a few too many in my sipp and isa but not the huge percentages of yore...happy to let others do the work in funds these days and I just hold a few individual shares like this one now, mostly from profit share/saye schemes.I sleep better and don't check everyday. Bracke can do that for me....

[dr biotech] 03/8/2016 08:27

Fwiw opened a small sb at 382, hoping for positive things....

[dr biotech] 03/8/2016 08:00

Yes, when this BB was thriving and we were all trying to guess whether Moss was going to raise the dividend to some unbelievable level to cover up his huge pay rise and the general underperformance. Or to find out who he was shagging in the boardroom. But as my needs have changed I prefer the steadier leadership that Wilson has bought.

[uppompeii] 03/8/2016 07:44

Oh but what days they were Dr!

[dr biotech] 02/8/2016 20:33

Generally under Wilson AV have underpromised and over delivered. I have learned to look forward to results day rather than to fear it when we had the previous CEO

[bigdazzler] 02/8/2016 19:42

Yes hopefully an underperformance and a downturn in the markets to pull them down.

However I do have a sneaky suspicion they maybe quite good.

[chesty1] 02/8/2016 16:53

All eyes on Aviva for half year results this Thursday.

[dr biotech] 29/7/2016 08:38

I disagree. Job cuts perhaps were unfairly blamed on brexit when it's more about people going online and not using branches. However the so dropped as the ceo said the outlook was uncertain, at least in part to the vote.

[essentialinvestor] 29/7/2016 07:35

For LLOY yesterday read political expediency- they cannot make a further
3,000 job cuts and then talk up prospects.

BREXIT was used as a very handy excuse to drive further efficiency gains.

[dr biotech] 29/7/2016 07:15

Lloyds is an interesting one, shares have dropped a lot after the vote presumable due to the uncertain outlook, then they produce good number but drop more as they say the outlook is uncertain. Hit twice by the same stick. Chance of that here too. Barclays have given a more optomistic statement this morning, it will be interesting to see what happens there.

[pjw956] 28/7/2016 21:13

risen too far too fast - - financial returns in a lower interest scenario will be less - see lloyds today making cuts today -

[mj19] 28/7/2016 13:24

Why the big drop today

[alphorn] 28/7/2016 12:12

I wonder if Aviva will get the Lloyds treatment with the results? Good numbers and poor outlook with the shares tumbling???

[edmundshaw] 27/7/2016 20:11

Good news for housebuilding today from both VP. and Taylor Wimpey. Neither reported signs of a slowdown except briefly after the Brexit vote.

Good news for housebuilding and therefore for the Aviva property funds.

[bigdazzler] 27/7/2016 16:55

Always have stop losses on my trades.

From memory it's around 4.09. It was set on an multiple of an ATR from a 21Ema.

[dr biotech] 27/7/2016 14:07

Any stoploss on that short BD? I always seem to set mine at the wrong level. Real test of course will be next week.

[bigdazzler] 26/7/2016 18:12

I trust the little red ticker is a little hot under the collar with their postion.

[bigdazzler] 25/7/2016 22:48

Personally I would prefer down for the next couple of months.

[mj19] 25/7/2016 21:58

Can we go up a couple days in a row