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£4.42 is a couple of pence above what it was when there was a rumour , Guess something cooking , most likely building a stake pre-dividend , and then let interest rate cuts lift the share price in second half .
Your right sorry
Bingobongo, results are in March not February.
Spikeyj the rumours around the bars and restaurants of paternoster square to be honest have never gone away some traders believe its only a matter time
Me too Oiled.
This share has threatened to break above the 450 barrier a few times over the past 2-3 years but keeps dropping back, and my finger has been hovering over the sell button expecting another retrace into the 420s or low 430s.
I have decided to hold for now pending hopefully good news in the next res, but if good news does not materialise, that is probably my trigger to exit.
Or even phoenix
Me too Pheonix results on Thursday could give them both a boost
Fighting with previous experience with this stock against the few days left before the results and the general consensus regarding the uplift in sentiment about Aviva…
Must keep away from sell button.
God, I love the Stock markets…!
Consistent rumours of some kind of takeover....a lot of them are groundless but its not totally out of the question imo...650p would suit me just fine lol....the BofA upgrade as mentioned on here is helping sp impetus....gla.
Never mind the rumours. Let's have the real thing. £6.50p minimum offer to whet the appetite!
… just need a couple of those takeover rumours back again, lol…
Bof America AV. upgrade to buy ( from neutral)
Broke it for a minute spikeyj somebody confident of good results some huge buys this morning pushing the price up
Need another £300m buyback , I hope they have enough left in the cash pot , after all the spending on smaller stuff .
Results soon.
comfortably (hollow lol, tempting fate!) long.
"....in a market that's resembling a casino these days."
In reality it has been a gambling den ever since "big bang" when the City was deregulated back in 1986, and niceties like
"dictum meum pactum" were thrown out of the window for ever.
My apologies Trotsky. I must have completely misread the share price chart; your 285p a share on 6 July 2020 is correct my 368p incorrect. The 285p was the result of the Covid panic so rather fortuitous for Amanda, pre-covid 400p was normal.
AceOfClubs
Logic tells you that Motley Fool lives up to his name. The market sometimes gets it wrong,but get real, buy Aviva now and pocket loads of cash. Were investing so easy !
The Motley Fool, the tipster who might be just that for all I know, says yesterday that on any (his) logical calculation AV. should be around £8 a pop. Well, having 20k of them I'd, we'd all, be thrilled with that but certainly on the figures he quoted they're oversold and I'll be hanging on for my 7% till they get north of my 448p, they seem, at least, fundamentally sound in a market that's resembling a casino these days.
Good post.
AoC, the 285p figure I quoted is not my figure; it's LSE's. Check the historical chart.
I've checked some AV purchases I made in Aug/Sep 2020 and they agree with the prices quoted on the historical chart, so I think it's safe to assume that LSE has not adjusted the older share prices to take account of the capital reduction in April 2022 when we each received 76 new shares for every 100 old shares held. So, I would asssume that your (sarcastic) "think about it?" comment would be in reference to multiplying LSE's figure of c285p by 100/76 (which would give your figure of c368p, allowing for some rounding differences).
Hmm, so far so good, but what about the c102p per old share (or c134p per new share) we received as part of the capital reduction? For a proper like-for-like comparison, you'd need to either add the c134p to today's price i.e. 368p vs c551p or deduct it from the adjusted July 2020 share price i.e. 234p vs 417p. You can't simply ignore the capital return or discount it as if it was a normal dividend return (it wasn't paid out of AV's current year profits and is non-recurring) simply because it's convenient for your argument.
For example, if (say) you'd originally bought 1,000 old shares at 284.5pps (LSE's quoted closing price) on 6 July 2020 they'd have cost you £2,845. Today, you'd own 760 new shares which, at 417pps, would be worth c£3,169. However, you'd have also received c£1,018 as part of the capital reduction. QED if you'd bought 1,000 old shares for £2,845 on 6 July 2020 and sold your 760 new shares today at c417p you'd have generated a total capital return of c£4,187 plus annual dividends of c£793 i.e. a capital return of c47% and/or an overall return of c75%. Not that bad when you consider Covid, war in Ukraine, Truss-enomics, rampant inflation, near zero growth etc. LGEN (run by a man) doesn't even bear comparison (unfortunately).
I rest my case. Go back to beating the wife ;-)
"Are you being selective with the truth AoC or just simply being a misogynist?"
Hello Trotsky, Ah, the "have you stopped beating your wife" trap. I am in no way a misogynist, so must plead guilty to being selective: but no more so than you, or any other poster here. It was another poster who quoted the sexist words of Christine Legarde: I merely exposed her tainted credentials. She is not alone in having a criminal past: but I never maintained that she was; I judge her on her record not her sex.
You do seem to have got your knickers in a bit of a twist on the return of capital: mine worked out at 424p a share: completely in line with the then share value. I received not a penny in extra value, merely cash instead of shares. Your calculation of 285p a share in July 2020 is a complete misplaced fiction - think about it?
Have a good weekend - AceOfClubs
Rydian, the TFIF bond fund is set to return c11.5p or c10.9% for the current financial year.
"Would a man so convicted still be in post?"
Benjamin Netanyahu for one. I think you'll also find that Jacques Chirac was found guilty of misusing public funds when he was mayor of Paris but was granted presidential immunity. Mitterand was also quite profligate with public funds when he was president but nobody thought to prosecute him until after his death.
Nobody is saying that women in business are any better or worse than men but it would seem that men are selective when accusing women of misconduct.
As regards the share price, Amanda has had to deal with the after effects of Covid, war in Ukraine, Truss-enomics, rampant inflation and near zero growth. That's a lot to contend with in less than four years. The AV. share price performance may not have been stellar but none of its peer group have faired much better over the same period (the LGEN share price is more or less the same over the comparable period - c233p today vs c223p on 06 July 2020). Also, do your figures take into account the retrun of capital? The LSE historical chart suggests that the AV price on 06 July 2020 was c285p when adjusted for the return of capital and share consolidation.
Are you being selective with the truth AoC or just simply being a misogynist?
Rylidan , I presume you are relatively young.Chicks and eggs come to mind.I ceased counting when the COVID con hit.
I am in with Aviva ,Lgen,Rolls Royce ,Dlg and Land Securities ( just added today) with fingers crossed.
All the Georgey.