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Why can't you trade?
Good luck to you pvi the trading pattern is very predicatable on aviva only rises so much before it falls back again even a 10 year old boy could have made money on this old dog had he been permitted to trade
It's been easy money trading this and LGEN for the last couple of months. I'm up 30k in that time. Hope this volatile market continues all year
DC is an odd one: Continually slates Av, highlighting how the competitors are better. Claims Av is heading south, won’t recover to £3 yet does nothing about it other than consistently de-ramp. If you believe your investment is going to decline, won’t recover and there are better options out there, surely re-invest elsewhere?
I have sympathy for DC and anyone underwater on any share, but I don’t understand how DC thinks persistently bleating about it helps. The fact his outlook is so negative yet he’s not prepared to do anything about it suggests to me either:
(i) he’s just a de-ramping troll.
(ii) he full of $hit - believes the company will recover and doesn’t really believe the cr@p he’s pedalling on here.
(iii) genuine investor not prepared to resolve the situation and would rather be a miserable old scrote.
Pirate flag it is okay for you as with your hundred shares you are not losing much
Dear Mr Divvy, sp has been steadily climbing since £1.98 march 2009 around the banking crisis years 2008 lehmans brothers turmoil, any company related to the banking sector was affected, but the market has been bullish from that point Aviva seeing highs of £5.00 ish only a couple of years ago,In March 2018, unti Aviva controversially, announced that it "had the ability" to cancel its irredeemable preference shares at par. This caused a wider sell off in the preference share market in the United Kingdom. Also in March 2018 the company announced to spend around £600 million on so called "bolt on" acquisitions, that are in "Poland, Turkey, anywhere they have existing markets" so are still recovering from that debacle, whilst may I add still paying a dividend. so we can be sure that there will be an upside like most other companys of this stature once lockdown has been relaxed...
DC
I also have an average far higher than the current share price but I don't feel the need to keep banging on about it every 5 mins. Do us all a favour and change the bloomin record or sell and reinvest elsewhere if you truly believe Aviva is a no hoper.
Hindsight is a wonderful thing here's hopin but the problem for me with Aviva is it offers little hope of even getting to 3pounds it gets to about 250p then goes down to about 230p then back up again the problem now is the highs are getting lower 247p last week before going back down to 230p it has now just become a traders share no good for someone like me with an average double the current share price
Shares go up and down Aviva has been going down for 5years FACT
That is not a resistance figure 2.06 ,it was about 2.11p lasted for a millisecond !!! the whole market dipped 23rd march at that time , shares go up and down but the norm resistance is around 2.29p Approx..but does not stay that low for long, If you bought on the peaks then a different story but over all sp is on an incline from the march low, none of these companys are going to be the same for a long time ...FACT
Unfortunately the decline started well before coronavirus set in due to a complete lack of confidence in the bod and the reluctance of anyone of quality from outside wanting the ceo post so we ended up with a make do appointment.
The low of this dog was 206p in march this year in case you did not notice but maybe you may have been in a coma then
The downtrend of this so called dog as you call it are due to the current circumstances or have you been in a coma for since march, history will show that by far this could be the worst scenario to ever happen to an economy in our current lifetime, Aviva also has a focus on the markets in Europe and in Asia and, in particular, on the growth markets of China and South East Asia. Aviva is also the second largest general insurer in Canada so will be affected more than most ,but there seems though to be a resistance at around £2.30 , more often than not rarely goes below this, when investors start to get confident in the markets as lockdown starts to ease, attention will turn to the value bargain stocks that I believe Aviva is one such stock, If you hold your nerve for the longer term Aviva is one you will wish you had stayed in....
It will be interesting to see what the chancer tulloch has got to say at the AGM but I am not expecting much to inspire the share price in any other industry tulloch would have been sacked by now but of course the old boys network means he will be patted on the back for losing 6 billion mcap by the institutional investors
You are absolutely right blue baron we will be lucky to get a special dividend in q4 when Aviva start paying dividends again it will be rebased as the profits for 2020 will be greatly reduced people expecting a dividend based on 2019 results of about 31p per share are deluded how else can you explain the low share price and the downtrend of this dog
Karv, I really do hope they reinstate the full Divi as it should be but they (and this goes for most of the other companies who stopped divis) will see it as a chance to decrease the payments for years to come. I wouldn't expect to see the Divi back to pre covid terms for another 5+ years if lucky.
Also adding to my holding at these prices for the long term and hoping dividends will be reinstated.
I am all in I am going to stop my trading and just going to leave it now if I can resist.
I don,t know how much of the solvency fund which is at 182% as of March 31 is in shares but on a side note
DOW is roughly up 10% since March 31, SP500 is up 20% and NASDAQ is also 20% up FTSE 100 5% FTSE 250 up 7.5% if you were to average this around the world.
I would imagine this could only have a positive effect on the solvency funds.
I am rolling the dice in the long term.
If the 13% dividend is returned at current SP it will be time to pop the champagne.
If the SP hit 300+ it will be time to pop the champagne.
Just need good vaccine news that works.
Patience is going to be needed
Aviva is always undervalued, has been for years.
What is not to like here? This is so undervalued I simply can not believe it! Continuing to add to my position.