Aviva Share Discussion Threads

[uppompeii] 12/10/2018 17:35

Buy backs sure helping the share price ..rather have had a special divi...

[w1ndjammer] 12/10/2018 11:14

any chance of £4 i am 30% in cash

WJ.

[dr biotech] 12/10/2018 10:08

Well I've bought more here. Assuming full year total div is going to be about 30p - 6.8%

Not sure that the markets in general don't have further to fall, but either way I haven't bought at the top which gives some assurance.

[whatsup32] 11/10/2018 12:32

Dr Biotech

Good to hear about the exposure to USA . Never the less share price has dropped near 8% in a week . And to think I wanted to invest in a safer share,

Nice to have cash at times like this

[dr biotech] 11/10/2018 07:08

AV sold it’s US business some time ago, so doubt it’s exposure is anything significant.

I have 15% of my ISA and 50% of my Sipp in cash, so whilst this dip is painful long term it may help. Unfortunately I just bought some standard life smaller cos whose long term record is excelllent but it’s walloped down by the AIM bloodbath.

[essentialinvestor] 10/10/2018 23:01

90 pence above the post referendum low, however the UKX very briefly dipped
under 5800.

[whatsup32] 10/10/2018 19:46

Insurers State side are getting hit due to possible Hurricane Michael. I would have thought it would have been priced in by now given the Hurricane has been known about for 2 weeks both its path and strenth.

Wonder what Aviva’s Exposure is in the pan handle of FL

[scrwal] 10/10/2018 17:24

AIM is reeling from the Patisserie Valerie (CAKE) problem notified today which will hit investor confidence in financial data provided by any AIM company now especially with high PE of 25+.

[skinny] 10/10/2018 16:24

Yes I agree.

With fundamentals being largely ignored, its knowing which of these 'sound' companies AV, CNA etc to back post Brexit.

High PE companies on AIM are being pulverised this week - AIM is approaching a key level.

[essentialinvestor] 10/10/2018 16:03

Skinny, AV. Must be heavily tied to wider UKX moves surely?.

[essentialinvestor] 10/10/2018 16:02

I think it's only vague bid spec that drove RSA to previous levels,
which may happen, too speculative a reason to purchase a stock for me.

[skinny] 10/10/2018 15:59

Hmmmm - heading for sub450p.


RSA warned on 27th.

[whatsup32] 10/10/2018 15:58

Thanks esential.

I bought in last week and it’s been dropping since.

[essentialinvestor] 10/10/2018 15:54

RSA warning has shaken the sector, not making any direct comparison,
just mentioned for context.

[skinny] 10/10/2018 15:12

My first purchase was @294 - so I don't to rush :-)

In all seriousness, what isn't to like here at these levels.

DOW & FTSE in free fall again since US open.

[edmundshaw] 10/10/2018 15:01

ok, Skinny don't buy at 454.50p.

On a trailing yield of 6.22% and cash coming out of its ears, and a PE in single digits, and all the expensive disposals out of the way, where would be the fun in that?

Anyway you can get them for under 454p now. So that would be silly.

[cwa1] 10/10/2018 14:58

LOL, not me. I just had a nibble at a whisker under that.....

[skinny] 10/10/2018 14:54

Someone convince me not to buy here @454.50p

[topvest] 09/10/2018 17:07

Really would have been a lot better if the Board could be honest as to why he is leaving, but maybe that’s too much to ask? Just leaves you to reach your own conclusions that it’s due to the preference share fiasco. Lets face it, why else would he leave so abruptly that a retired knight takes on the executive role of a major FTSE-100 company. Poorly managed.

[danielbird193] 09/10/2018 15:45

Disappointing news about Wilson who has been a good CEO with a focus on cash generation and using that cash to return capital to shareholders. I can't help but agree that the pref share débacle has something to do with his leaving. It was badly handled.

I do think this share deserves to be higher but it is very unloved at the moment. Surely looks like a takeover target for one of the US or European mega insurers at current prices??

[porsche1945] 09/10/2018 09:13

A company that never fails to dissapoint. So much for idiot analyst target prices of almost 7 quid a share not long ago. Been in and out of this over the years and it always struggles to hold above 5 quid....its an income play only like everything else on the rubbish ftse, zero growth. I remember those sxxt Aviva Paul Whitehouse TV adverts....pathetic, probably did more harm than good, like rest of it on the ftse, need a US activist investor to shake it up or break it up.

[skinny] 09/10/2018 08:49

Shore Capital Under Review 474.40 - - Under Review

[cwa1] 09/10/2018 08:25

Did cross my mind topvest and wondered if was too much to hope that that was the underlying reason for it.

[ianood] 09/10/2018 07:59

topvest - agreed, that was a total mishandled balls up

[topvest] 09/10/2018 07:57

Looks like the CEO has been pushed as a result of the preference share fiasco to me!