Aviva Share Discussion Threads

[windrushg] 15/3/2019 19:41

This CEO doesn't need a year to put his stamp on it imo. He's a veteran in the company and knows the business inside out.I'm sure he'LL hit the ground running .This would not be the case if an outsider was appointed as CEO from an unrelated business.Good to see the share price strengthening again.

[dr biotech] 15/3/2019 14:58

Thing is all CEOs say the same thing - unlock potential, eliminate waste, streamline process the only thing he didn't mention was "pivitol year". Obviously have to give him a chance - at least a year to put his stamp on it.

[tradejunkie2] 15/3/2019 14:52

You kittycats are lucky Brexit hasn't brought doom here

[imagining] 15/3/2019 12:52

BUY recommendation in today's Investors Chronicle. Growth potential as MT states they were only scratching at the surface before.

[bothdavis] 15/3/2019 08:18

Up again Monday, maybe Tuesday then?.... its a share price .....it goes up and down!

[tradejunkie2] 14/3/2019 17:35

Down again Friday kitty cats?

Meeeeooooooowwww

[waveneygnome] 12/3/2019 14:14

Think we know now.......not good enough.

[smurfy2001] 12/3/2019 10:16

What will Geoffrey Cox say l wonders?

[this_time_its_different] 12/3/2019 09:40

The preferred stock gives 6.5% fixed, a corporate bond could be issued at 5% easily. Below 4% and people may be happier holding something more secure than Aviva, like a defensive blue chip.

[dr biotech] 12/3/2019 07:00

I’m surprised they can’t issue bonds at say 4% and use the money to redeem the higher coupon debt. Obviously they’d have it handle it better than last years fiasco. Surely an AV bond that you could put in an ISA would have some appeal. Think mine pays 1%

[tradejunkie2] 11/3/2019 22:45

Kitty cats kitty cats.

[yf23_1] 11/3/2019 22:43

DR Biotech
With reference to the debt reduction, the Aviva prefs yield about 6%+ at market rates, so by inference they could be lining up a tender offer to redeem. I'm surprised no-one noticed.
They would want to do this as I read somewhere they would not be classed as Tier1(?) capital in the near future.

[mountpleasant] 11/3/2019 20:58

Can we get back to talking about AVIVA
I dont give an F about Brexit.

[edmundshaw] 11/3/2019 19:53

CB7 you say a lot of good things. But a couple of points that I would make - UK Govt could return ALL WTO tariffs MINUS the cost of collecting them (this is what we do now for foreign excise - we give it all to the EU minus 25% for the cost of collection). Just to be balanced...

I would also say that in the first decades of EU membership we did OK (especially when we got the "rebate" (i.e. Thatcher reversed the extortionate contributions we had been making). But more recently that benefit has reversed, and yes the balance of trade with the EU is now masssively negative, and, what I think is worse still, in future after the Lisbon Treaty (thanks to Mr Blair with his eye on the EU presidency no doubt) and QMV, the EU is unstoppably moving to a place where, politically and fiscally, I think most British people do not want to be. The eurozone will dominate and control, always assuming it does not collapse under its own structural defects (the PIGS unable to compete with Germany, Finland and the Netherlands). There is already a trillion euro debt magicked away on the target2 clearing system (conveniently not requiring oversight by the EU parliament), and this is only going to get bigger and bigger.

But of course, what do we know. We are just ignorant xenophobic peasants from up north somewhere (well, northern Berkshire in my case).

[davebowler] 11/3/2019 18:12

'Good time to buy Financials'-

[cb7] 11/3/2019 17:51

If we charged WTO tariffs on imports from the EU, it would at a stroke solve the Governments dire finances! In fact, as I have pointed out, because we import at least £85 billion more than we export, the UK Govt could return ALL WTO tariffs to our EU exporters and still have £9 billion left over for good causes, (but dont mention the NHS). Some MPs have suggested not charging tariffs and I think this is wrong. Tariffs and delays at the border will act like a deterrence, plus make imports more expensive. Thats just what we need in order to encourage consumers to buy less from the EU. Yes we may loose 10% of our exports but we stand to gain at least 10% of imports and as these are much higher, our economy will benefit overall. Home made products will become more competetive, so we will produce more goods ourselves. Our balance of payments will improve and so will our debt situation.
People should remember that our car exporters and others are a small minority - they are the exception and not the norm. Only 4% of GDP is exported to the EU. In fact we actually export 25% more to the rest of the world, which is mostly subject to WTO tariffs and is thousands of miles further away. So WTO tariffs is nothing to be feared. In fact the very closeness of the EU and lack of borders and tariffs has made matters worse. Why should we import yoghurts (for example) just to save 1p per pot - causing job losses here, more environmental damage and greater debt for our nation?

[cb7] 11/3/2019 17:25

You have been repeatedly lied to. You expect it from MPs, but not from the so called independent BoE and IMF. Some on this thread have talked of growth being less now than pre Brexit. This is rubbish. Remember living standards have fallen (fact), yet we had growth of 2 or 2.5% during the Cameron era? The reality is that the headline GDP can often give false impressions of reality. The only reason we had high GDP figures was because of population increase, caused by mass migration. Strip this out of the figures and GDP growth from 2008-2016 was a pathetic 0.2% pa! Worse still GDP growth per capita for all the 8 years 2008-16 was just 0.9% in total. Now you know why living standards actually fell. The rotten BoE and not so independent IMF have covered this up and still make out that growth now is less than before, and use Brexit as an excuse, because they have an agenda. The reality is that 1% growth now or next year could still be miles better than pre Brexit. In fact, the 1 year after the Brexit vote, when doom and gloom was predicted, GDP growth per capita was a full 1%, more growth than all the 8 previous years added together. The Brexit vote has already started to deliver.

[cb7] 11/3/2019 17:00

Our manufacturing and production has been in steady decline for years, long before the Brexit vote in 2016. In fact our exports to the EU have been in monthly decline for years, but imports are continuously rising. Our trade deficit with the EU is absolutely pathetic - a staggering £85 billion pa and rising. Now this has to be financed by debt! Quite simply we are not paying our way in the world and our whole economy is built on personal and Govt debt! Manufacturing and production has been steadily leaving these shores for cheaper locations, yes in China but also in cheaper parts of the EU. Look at a map - would you set up in the UK if you wished to ship to alL the EU?
We had no problems with the EU until they allowed all those former Soviet bloc countries to join, only 15 years after they left Communism behind. They were allowed to join for political reasons, as their economies were not similar to existing members. This created huge imbalances withing the EU, leading to mass migration westwards and in the opposite direction went manufacturing, production and wealth. Juncker & co, who say that Brexit was entirely of the UKs making are idiots, as it was the actions of the EU that created the right conditions.

[cb7] 11/3/2019 16:47

Remainers are the most intelligent group (fact), but surprisingly they are the group most easily led. When Anna Soubrey says we need the EU for prosperity, or Ken Clarke says we need it for manufacturing and exports, why do you believe them?
Anyone who says the EU has been good for us is a liar, devoid of facts. If you put all the figures - employment, wages, prices, inflation etc - into the mixer, then the end product is peoples living standards. During the past 10 years, since the financial crisis, UK living standards have fallen. FACT! You and Gary Linneker, Bono, Tony Blair etc etc may have done ok, but the majority have seen their living standards fall. It is extremely sad that the better off, the priveledged, the elite, the establishment, MPs, cannot appreciate this.
Now just to put this fall in living standards into context. It is the first time this has happened over a moving ten year period, for 80 long years, including WW2. That is how bad it has been! The EU has been dire for the UK.

[whatsup32] 11/3/2019 16:45

SP wants to come back

[11_percent] 11/3/2019 13:00

would like to see the gap closed.

[davebowler] 11/3/2019 08:51

Platform assets at £22bn-



AJ Bell is capitalised at £1.1bn with £42bn of assets, so using that yardstick Aviva's platform alone is worth £550m alone.