Aviva Share Discussion Threads

[scrwal] 16/1/2019 12:49

Corbyn won't win his vote and if he did he seems unaware of the problems it has to cause since any attempt to get a General Election shifts us much closer to the Dec 2020 deadline and imagine if Labour got into power and tried to renegotiate Brexit expecting their plan to be finalised by the end of 2020.

[dr biotech] 16/1/2019 09:29

May was given a poor hand, but still played it badly. As abive I can’t think of anyone better. We need a mild pragmatic brexiteer PM. Raab? Someone who wasn’t a leading figure in the brexit campaign as all the others are too toxic.

Decent recovery here let’s hope it lasts. Saga have atrading statement this morning saying the market is still difficult. Most insurers have been saying that for years though.

[engelbert1969] 16/1/2019 09:03

Buy, sell, hold... I'm still buying in monthly. Given the underlying value and the yield I'm happy rise or fall due to Brexit.

[danielbird193] 16/1/2019 08:47

Fascinating that the FTSE has hardly shifted this morning (8 points lower at the time of writing). Indeed, Aviva is holding strong above 400p for the first time in weeks. It suggests to me that some of the 'worst case' scenarios are already priced in and there could be quite a bounce if all of this is resolved satisfactorily.

That said, if Corbyn wins his confidence vote tonight then all bets are off...

[joe say] 16/1/2019 08:31

no-one has given the impression to me that they would do a better job

And that says it all - this must be the worst generation of politicians we have ever had - and is perhaps the reason why (globally) people are fed up to the teeth of them

[edmundshaw] 16/1/2019 08:25

I expect May to survive. They should get DUP support, and no-one on the Tory benches should want to see Corbyn in power, whatever their Brexit position. And while many people criticize May, no-one has given the impression to me that they would do a better job or command greater party cohesion.

Of course that does not necessarily move us forward...

[dr biotech] 16/1/2019 08:17

I’d like to see a cross party consensus deal. But as far as I’ve seen Corbyn is just an “opposition politician” doesn’t actually have a clue about what he wants, just knows what he doesn’t. I think labour voters are generally more pro EU than the tories but they are also split. I can also imagine the frustration from the EU side, we just don’t know what we want.

Think we will end up with some sort brexit, then when things don’t turn out particularly well both sides will say we are doing badly because they didn’t get their way.

[uppompeii] 16/1/2019 08:11

p0pper...I've learnt to hold and buy on falls , but my ambition is now increasing income not really capital growth so I can ride out anything like this hopefully. I'll trade a few for 10 or 20p gains but nothing I'll lose sleep over if they become holds. Really, as always, depends on your goals, risk attitude and need to preserve what you put in.

[spob] 16/1/2019 08:00

Couldn't care less about brexit

A no deal brexit would affect the EU just as much as the UK. It would trigger another global financial crisis. A repeat of 2008.

Eventually a deal will be sorted.

[tfergi] 16/1/2019 07:57

Popper. It's anyone's guess, I didn't think we would see a rise up to the vote, but we did. I'm guessing financials will be hit today as the Greeks ect... will drag them down. I give up with Brexit I really do.

[dr biotech] 15/1/2019 11:04

Plus you have huge external factors, brexit and orange buffoon etc. Charting can be an indication of sentiment, but it goes both ways. Anyone who solely uses charts to predict down only moves clearly doesn’t understand what they are doing.

[villarich] 15/1/2019 10:55

Sorry tongue firmly in cheek with the last post. I understand TA and chart patterns, but they aren't useful beyond a certain point. Is it in an up or down trend? What's the volume like? What are the 50 and 200 day MA's? That's all you need in my humble opinion. You then need to add in the fundamentals to get a true picture of value.

[villarich] 15/1/2019 10:52

3 wave beer mug candle pattern forming within a triple bottom formation looks bullish on the chart turned 34 degrees clockwise. Gives a target price somewhere between 300p and 550p by next Julember. Funny turn predicted on the 17th, with capitulation on the 19th.

[edmundshaw] 15/1/2019 10:36

So, out of interest, what is a reasonable yield for Aviva in your opinion, buywell?

[dr biotech] 15/1/2019 09:31

Always find it funny when some simpleton “chartist̶1; always posts that the chart says the shares will drop, without ever predicting that the shares will rise. Bit like being a pundit that says Man City will lose every week and then when it happens you smugly say “told you so not many predicted that” yes, but....

[mr woodentop] 15/1/2019 09:18

Yep, I'll definitely be buying some more. Buy low Sell high!

[uppompeii] 14/1/2019 21:59

Excellent, that'll be almost 10% yield for us income seekers.

[buywell3] 14/1/2019 21:07

AV. now sits on its cusp

IMO recent buyers will soon become eager sellers and the next leg down will be the same as the last 2 legs down

Hence my call now is 320p by end june 2019

dyor

[craigends] 14/1/2019 19:22

common theme - we survived them all. Despite our political inadequacies.
I have cause to remember the high interest rates well as moving house my mortgage rate was crippling.
This time no one is driving the bus anywhere! Westminster is like Groundhog day every day.

[essentialinvestor] 14/1/2019 16:16

From memory they did hit15%, very briefly that afternoon.

[alphorn] 14/1/2019 16:15

Azure - I would agree with most of your post; particularly about the leaders at those times. I would not agree with Brexit outside of the top ten though. Just the disruption and putting projects on hold will cost in the long run.

[zho] 14/1/2019 16:12

>>During that day he raised interest rates from 8% to 14% in a day>>

From memory rates were raised from 10% to 12%, and then from 12% to 15% before Major and Lamont were forced to concede.

[samwn1] 14/1/2019 16:12

I think the Chancellor was Norman Lamont, he certainly announced the departure. Nigel Lawson was sacked by Margaret Thatcher a few days after she gave him a glowing 'reference'.