Aviva Share Discussion Threads

[villarich] 14/8/2017 14:04

BYW I am no chartist. I hardly ever short term trade but knowing this company very well, and having an understanding of candlestick patterns, this was too good an opportunity to miss.Of course I may be entirely wrong which is why I have a tight stop loss at around 509 just below the lowest price on Friday.Looking good so far though.

[villarich] 14/8/2017 13:49

UppompeiMM's use good and bad news to manipulate the price. They've used the Trump v NK situation to drop the price to refill their warehouses of stock. If you look at the volume for Wednesday and Thursday last week it is below average for the previous 100 trading days which means it didn't validate the price movement. This to me suggests it was a classic tree shake rather than a serious price move.The price action for the last 3 days is a classic morning star pattern suggesting a reversal of the short down trend could be on the cards. Established trading strategies would say to buy in after today's candle but I took a punt on Friday because everything else was pointing to this share price drop being over done, given the very good results, the previous support at around 518 and the easing of the nuclear tensions.

[uppompeii] 14/8/2017 11:55

Villa, I'm not being argumentative here, honest...but how can it be a classic reversal if it were caused by a market rattle due to external influence ie Trump?Surely that is just chance? Hmm would it have reversed anyway?Maybe an elite guru can comment.

[villarich] 14/8/2017 10:40

Classic reversal pattern over the last couple of days - if today's price action holds. Hopefully see it go back up towards 540 this week.Open a little trade on Friday at 516.

[lord gnome] 07/8/2017 16:53

IC online has today updated its 'buy' tip on IC. Still rated a buy. Will be in this week's printed edition.

[uppompeii] 04/8/2017 10:01

Disappointing. I thought it would hold the small gains.

[skinny] 04/8/2017 07:58

JP Morgan Cazenove Overweight 535.00 616.00 624.00 Reiterates

[ianood] 04/8/2017 07:55

LG - agree, prefer cash but not necessarily the most efficient from CGT and IT basis. suppose they could go the NG. route and go for a capital reduction but that is likely to be pricey?

[brain smiley] 04/8/2017 00:07

UBS and RBC said they were dissapointed there was no further comment on cash returns.

[lord gnome] 03/8/2017 13:23

Thanks edmundshaw. I had missed / forgotten that. I have never liked share buy backs. Cash is King.

[edmundshaw] 03/8/2017 13:07

Re: special dividend etc. The CEO was talking about other ways of returning $$ to shareholders. Well Aviva commenced a £300 million share buy-back programme in May which is 1/3rd done. I think that is it (not my favourite way, but, ho hum, it's something).

[kramch] 03/8/2017 11:23

Operating profit £1,465bn but NAV/share goes down 2p. Always a bit suspicious when profit doesn't make its way onto the balance sheet.
K.

[skinny] 03/8/2017 09:00

Post 22615 is a link to the Financial Calendar! :-)

[speedsgh] 03/8/2017 08:59

Enami - dates also found in Part 4 of 4 of the Interims...

2017 FINANCIAL YEAR CALENDAR

2017 interim dividend ex-dividend - 5 October 2017

2017 interim record date - 6 October 2017

Last day for Dividend Reinvestment Plan and currency election for 2017 interim dividend - 27 October 2017

Payment date - 17 November 2017

[enami] 03/8/2017 08:11

Subsequent to 30 June 2017, the directors declared an interim dividend for 2017 of 8.40 pence per ordinary share (HY16: 7.42 pence), amounting to GBP340 million (HY16: GBP301 million) in total based on shares in issue as at 2 August 2017. The dividend will be paid on 17 November 2017

Could not see the XD date, normally the first week in October so I guess 5 Oct maybe

[lord gnome] 03/8/2017 08:08

The answer to my question would appear to be 'No'.

[lord gnome] 03/8/2017 07:54

All looks good to my untrained eye. I was looking to sell some on good numbers but I think I will be holding them all for now. Not aware of any expectations of special division, Brain.
Will this be enough to fuel the price breakout that I was hoping for? We will find out in a few minutes time.

[ianood] 03/8/2017 07:47

All fine, and solvency ratio of 193% is excellent, expect buybacks to continue.

[brain smiley] 03/8/2017 07:38

No mention of special dividend/capital returns; the market was hoping for this.

[skinny] 03/8/2017 07:29

Profit

· Operating profit up 11% to £1,465 million (HY16: £1,325 million)
· Operating EPS up 15% to 25.8p (HY16: 22.4p)
· IFRS profit after tax £716 million (HY16: £201 million)
Capital

· Solvency II coverage ratio of 193%1 (FY16: 189%)
· Capital surplus £11.4 billion1 (FY16: £11.3 billion)
· Operating capital generation £1.1 billion (HY16: £1.2 billion)
· IFRS net asset value per share 412p (FY16: 414p)
Cash

· Interim dividend up 13% to 8.4p (HY16: 7.42p)
· Cash remittances up 56% to £1,170 million (HY16: £752 million)
· UK Life special remittance of £315 million, on track towards £1 billion target by end 2018 with £565 million total special to date
· Holding company liquidity £1.7 billion2 (February 2017: £1.8 billion)
Growth

· General insurance net written premiums up 11%3 to £4,688 million (HY16: £3,991 million)
· Value of new business up 27%3 to £596 million (HY16: £448 million)
· Aviva Investors fund management operating profit up 45% to £71 million (HY16: £49 million)
· UK Life platform funds up 27% to £16.5 billion (FY16: £13.0 billion)
· Total group assets under management £475 billion (FY16: £450 billion)
Combined ratio
· General insurance combined operating ratio 94.5%4 (HY16: 95.7%)

[doc robinson] 03/8/2017 07:13

Excellent set of results divi and profits well ahead. A very solid company at present .

[pooroldboy55] 02/8/2017 11:14

Here's hoping.

[lord gnome] 01/8/2017 17:15

Hopefully the interims will provide the impetus to break through the 540 level. We've been travelling sideways for quite a time, so any breakout should be powerful.