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Aviva has been a strange stock over the years…
I thought/Hoped I would see it @£500, when first purchased during covid but it’s been hovering around the £4 for sometime and more recently £365 ish… Sentiment has changed ,I can see it making £511 over the next few days taking into account the upcoming dividend plus the 5-to-6 million pounds worth +/- of shares they are buying back per day, increasing the current stock value daily .
After XD will depend how long and how much they throw per day at the market. Currently spending an average of 6mil a day would give around 10 weeks of buying but that would be less if they decided to increase the buying after XD, therefore supporting the fall in price after the XD day.
My personal view: this is £4:50 share trading above its price, after the support has gone how quickly will it fall back…?
DYOR. Good luck with you OWN decisions 😇
My share price can't seem to cope with that buyback we did a while ago, that added a £1 into our coffers, so I'm sitting on nearly a £2 rise. Share was picked as a good dividend buy, but when you're sitting on a decent gain, its hard not to think about cashing in a good few years dividends today.
The market makes will ensure it falls by the size of the divi on Ex-divi day, so approx 4.5% using the current share price.
After that, it's anyone's guess, but if the buyback continues to hoover up a lot of the shares from any sellers and inflation continues it's downward trajectory then we shouldn't go much lower (barring a pandemic/war/financial crisis etc)
Warthog4, well in theory it should drop the same amount as the dividend plus or minus any market changes on the day, but where this will go in the weeks months after xdiv is anyone's guess, i wish i knew the answer to that one, as we don't know what effect any interest rate drops will have
..... for about 6 years but refusing to breach the 500 point. Perhaps cooling down ahead of the long weekend however but with 8 trading days before ex-div maybe we might just crack it!!
Any thoughts on how much the SP may fall on ED Day??
GLA
Spikeyj, Yes that is another option, my gut feeling is to just hold and take the dividend and should it drop back a lot add more, It's a good feeling though when a share goes above your expectations, it doesn't happen very often these days
Cheers
Robleo, if you are too conflicted over those two options, why not do one with 50% but also the other with the other 50% of your stake?
Hi all, I have an average here of £3.90 so over 25%profit, if i sell and it drops back to 3.90 in the next few months i will be very pleased with myself for taking the profit, if i hold and it drops back to 3.90 i will have the dividend but will have lost that profit, the other scenario is if i hold take the dividend and it may not drop much
good position to be in, but i guess which ever decision i make it will be the wrong one, if only i had a crystal ball
India is No.93 from 180 in the Corruption Perceptions Index. UK is No.20:Denmark is No.1(being the squeakiest)
“Irony or what? One of the most corrupt countries investigating a UK company for tax evasion?”
To be fair our government’s efforts to level down with India have been one of their rare achievements.
Not sure the Competition watchdog would allow that. Aviva and Direct Line (including Churchill) combined would have over 20% of the UK motor insurance market and be bigger than the next 2 biggest added together.
Irony or what? One of the most corrupt countries investigating a UK company for tax evasion?
That was a number of months ago, and involved a number of insurance companies, not Aviva specific.
Nothing has been heard about it since - not concerned
Thanks LTI.
I remember now that they were initially the minority shareholder in the Indian business but had subsequently bought out their partner. However, thelast I had read was that the Indian tax authorities were investigating Aviva India for tax evasion. Have you heard any more on this?
The Singapore asset was initially expected to sell for £800 million , but in the end sold
for £937 million .
Minority?
The Chinese asset (Aviva-COFCO Life Insurance Co., Ltd.) is a joint 50/50 venture with conglomerate Cofco
Aviva own 74% of Aviva Life Insurance Company India Limited.
Not being publicly quoted makes the value of these stakes harder to ascertain.
I believe Aviva completed the sale its 25.9 % stake in Singapore assets for over £900 million
last week
Now Ageas has walked from DLG, it would be nice if Aviva picked them cheaply when the price tanks tomorrow.
In my dreams but still a thought. K
Can we get another 1% a day before Good Friday
It will be very interesting to see if this can rise anymore before 11th April, bring on next week
I love it when a plan works well
Gla
Anyone have any idea of the value attributed to the Aviva minority stakes in India and China?
Given the recent divestments across the globe both stakes must be up for sale too.
OU
''attention seeking… Quick Finger''
even more embarrassment for you - I made one simple post -
YOU then wanted some attention by making a pathetic and incorrect stupid post.
The more stupid posts you make in response the more your embarrassment will get.
OU
how embarrassing for you
OU
''NO ONE IS INTERESTED IN WHAT STOCK YOU HAVE SOLD TODAY'
A gluten for punishment.
OU
''They must have some very good software or quick fingers to catch “over 495” , it was only there for seconds.''
Longtimeinvestor, better than losing money on those rubbish Vodafone shares eh, Jam today is better than maybe a bit of jam in 20 years time
Again , attention seeking… Quick Finger.!
This will shock you and your Facebook so called friends ,
NO ONE IS INTERESTED IN WHAT STOCK YOU HAVE SOLD TODAY ! Or the time at which you sold them..!
Or the fact you feel the need to tell everyone what a boring person you really are…
We get it …