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The buy-backs are expected to be completed on 28th June 2024, details of which were announced on 07 March 2024.
I will add on any weakness after the UK election
Bank the dividends......gla
10/6, 21:28, de nada!
… added, but only smallish. l/t view.
"Once the share buyback ends in two weeks time is this going to fall without the support from that buying?"
No, ceteris paribus.
"My guess is it will either go up,or down or possibly stay around the same level."
Thats the type of post that makes me glad I visited here.Its posts such as that allow us to make those life changing investment decisions.
Other possibilities? Bankruptcy?
Started: blackfriars1, 12 Jun 2024 07:54
Last post: blackfriars1, 12 Jun 2024 07:54
Edmond Jackson’s Stockwatch article positive on Aviva, link below……..
https://www.ii.co.uk/analysis-commentary/stockwatch-aviva-shares-remain-priority-income-investors-ii531941
Started: buffa, 4 Jun 2024 12:15
Last post: DramChart, 6 Jun 2024 08:02
It may be of interest that both my car and house contents insurance renewals with Saga were DOWN this year! By contrast, the quote from Churchill for house buildings was up by more than 25%, so I transferred that to Saga as well. In my experience, AV's products have never been competitive on price - but I am happy to take the dividends :)
I thought the FCA banned Insurance companies charging a loyalty penalty on renewal
https://www.fca.org.uk/news/press-releases/fca-confirms-measures-protect-customers-loyalty-penalty-home-motor-insurance-markets
In answer to question who have I just transferred to from Aviva the policy is now with Allianz. As an aside I accept comments re 'loyalty' to customers etc. Years ago I used to lecture that 'your best prospect is your existing customer '. That has now been rejected in favour of what? I have a no claims record going back further than I care to remember yet I am penalised on renewal. Economically that makes no sense to me whatsoever.
It's interesting from a marketing perspective. If one insurer put their marketing budget behind "no loyalty penalty", current customers getting best rate, etc etc, it could be a great strategy and a big winner. A bit like: "we're not on any comparison sites" strategy, that must've been successful given how long it was run by Direct Line.
Come on Aviva Marketing Dept. Also good rates for shareholders would be nice too!
Buffs - I think it’s a loyalty penalty.
My renewal from Hastings was over £100 more than the new quote I got from Aviva.
Til they start rewarding customer loyalty I think we’ll all be switching every year.
Just about to change my broadband to Gigaclear and mobile to Tesco despite being a vodaphone shareholder.
Move frequently or get ripped off!
Started: sotonspike, 6 Jun 2024 07:27
Last post: sotonspike, 6 Jun 2024 07:40
Sorry didn't take in a account the share consolidation so reckon my figures are way off...
Hi all have a question.....How many shares have been brought back since August 2021....I've worked it out to be in the region of 1.15 Billion....Is that about right?
Started: tomr123, 23 May 2024 07:31
Last post: Sean1986, 26 May 2024 21:18
Is it not the case that all adaptations to legislation have stopped?
Labour will set their agenda, all bets are off and the Goves Ray is retiring regardless.
The recent drop in insurers is maybe due to the fact that the government lease and rent legislation is still going on the statute books.
The current rise maybe attributed. To the fact that lease and rent controls have been substantially watered down with no caps in place.
A lot of insurers are investing profits into leasehold and rental companies.The markets can give excellent inflation linked earnings.
If leases were strangled with caps or in some cases scrapped this would have adverse affects for insurers.
Gove has caved to big business.
Good luck to all holders.
I hold lgen,Aviva and dlg in insurance sector.
All good news for us.Bad news for renters and leaseholders.
Excellent recovery in share price by end of day . Look forward to the next dividend and perhaps at least one interest rate cut before it . Aiming for 4% by end of 2025, and say £5.50 share price . That’s 61p gain from today and 3 more dividends (say 12p, 24p,13p): Total gain say 110p per share over 18mths
I took my dividend as cash and will not be buying more at these prices.
I will top up lgen and aviva if they fall 5-10% in the coming weeks
My biggest losing share today by a country mile, can't understand why, this has been so strong lately let's hope we recover a bit of it back tomorrow
Started: Melab, 24 May 2024 15:27
Last post: Sean1986, 25 May 2024 06:47
That is very poor. It is probably time to transfer to IiI or AJ Bell. Its your money.
Just had my divi reinvested with Lloyds share dealing service, they paid £4.96 and the share price is currently £4.88 , I also bought some of my own this morning that worked out at £4.86 with tax and fees , seems there is no saving to be made reinvesting your divi through your share dealer
LH23 you will receive it today at some point I’ve got a Halifax share dealing account and I normally get mine later on in the afternoon
Just checked my IG account and it has been paid today.
When will we receive our dividend?
Started: Sparz, 23 May 2024 07:18
Last post: Sparz, 23 May 2024 07:18
Good read. Sold position.
Onwards to maintaining £5+
Started: 1.ARMANI, 19 May 2024 14:38
Last post: Dentonxxx, 22 May 2024 10:37
Just google "Investor Relations" on any company website, all dates are generally there
Sorry chaps, wrong date from LSE
I should've known better for key dates!
Tomorrow it is.....gla
Never go LSE it’s only a guide I’ve found
https://www.aviva.com/investors/#key-dates
Nah. Due tomorrow.
Any idea what time the trading update is due? Was expecting 7:00 sharp, but no sign yet.
Started: buffa, 13 May 2024 14:49
Last post: jakeandelwood, 19 May 2024 08:40
Hi clued.
I was thinking more of the market in general as opposed to the parasites we know as shorters. Look as the steady rise prior to the announcement, coincidence? The market is one thing, the parasitic shorters something else. For me Thursday was the exception rather than the rule,welcome as it was.
Anyways, I am over the moon they got a bloody nose, I've always had confidence in BT bouncing back and hopefully making me even more money.
Feeling quite chuffed with myself for encouraging my son's to invest in a few over the last 12 months, although they now have a slightly better average than me :)) Hope you and others have made a bit as well. Have a great weekend in the sunshine everyone.
Jakeandelwood, "often find it hard to understand why some investors believe the markets act with or after any event. The markets are and always been proactive rather than reactive and ahead of the curve."
Interesting conversation you guys were having, but your above comment doesn't always ring true. BT's results on Thurs triggered a rise in share price of over 10% which hardly shows proactivity, this despite being well undervalued re Broker/Analyst fair values !! And BT isn't the only one... !!
TheT.
I'm afraid War distorts and abuses everything in its path, including normally honest citizens, so in turn distorts any statistics for normal comparison purposes.
I suppose if one was to take an overall cynical ( but proven time and time again) stance on the subject it would always come out as an "us and them" scenario with "us" footing the bill.
T'was ever thus I guess-some of the most illustrious names in the Kingdom are there only because of shady dealings in the past rewarded by others of an equally shady pedigree!!
Warthog, Are you suggesting that politicians and/or their chums didn't take every opportunity to profiteer from WWI and/or WWII? I suspect that the inflation-adjusted figures would certainly dwarf Covid.
WWII was actually the making of IBM; it had no problem providing tabulators to the Nazi concentration camps during WWII via its Swiss subsidiary and, apparently, Watson (its CEO) was on the first commercial flight into Switzerland after the war to collect the proceeds in person! I appreciate that IBM was a US company but profiteering was universal. German companies were at it too and, when the Reichsmark was exchanged for the Deutsche Mark in 1948, German companies were allowed to exchange on 1:1 basis, unlike everybody else who had to exchnage on a 10:1 basis!
Finley, Berkshire Hathaway is a completely different company from what it used to be and $189bn is lot of money to try and invest "covertly". I appreciate that BH holds a large stake in Apple and that at the end of December its investment amounted to c5.8% of Apple's issued shares and c50% of BH's listed holdings and that, despite reducing its holding since December, its investment still amounts for c4.6% of Apple's outstanding shares and c40% of BH's listed holdings. BH's holding in Apple is currently valued at c$135bn (this is in addition to the $189bn in cash).
That's a lot of money to tie up in just one investment (especially when you don't have any management control) and is not the size of stake that you can generally offload quickly at a push. I also appreciate that BH does a lot of due diligence before it invests but, even so, you can never be 100% certain of what's going to happen in the future (especially with Cook's habit of being economical with the truth at times).
I would suggest that BH's invetsment in Apple is a departure from Buffet's (and the recently departed Munger's) historical investment approach and is, in part, driven by the mound of cash that BH has accumulated. I would also suggest that BH is likely to continue to sell down its Apple holding because it doesn't fit with Buffet's long-term investment ethos.
Historically, Buffet would never have considered tying up such a large amount of money in one company without at least having seats on the BoD, if not outright control. BH now finds itself no-man's land; heavily invested in one company (Apple accounts for c15% of BH's current market value), with no say in its management or control and having every buy/sell open to public scrutiny. I'm not suggesting that BH will necessarily dispose of its entire stake in Apple but I would be surprised if it didn't (want to) significantly reduce it, which only increases it's current cash "problem".
Started: CasualInvestor, 16 May 2024 13:32
Last post: CasualInvestor, 16 May 2024 13:32
I have watched the buy back volumes and they appear to be getting fewer and fewer, indicating they are not neccessarily the driving force behind the current SP. With this in mind, does anyone else think the dividend payment next week (which will involve a lot of automatic dividend reinvestment transactions) will put a significant spike on the SP? Based on the last few months, I think we could see a 5% jump from current SP easily, and considering the rosey future of AV I feel this is going grow in popularity over the coming months.
Started: DrPatience, 13 May 2024 09:53
Last post: DrPatience, 13 May 2024 09:53
"Berenberg raises Aviva price target to 572 (550) pence - 'buy' "
Business doing well, interest rates due to fall...so yes, why not?
Started: salver2, 10 May 2024 22:48
Last post: Sean1986, 12 May 2024 07:54
I don’t think we are looking at a market correction. Economy growing, a market that has written in a change of government, an independent bank about to reduce rates and value pickers in the US starting to buy.
The market is cyclical and as long as you are divested you are mitigated.
I think that OBNW has a very valid comment.
I'm no chartist, by any stretch of the imagination, but if you look at the 6 month view of the FTSE 100 graph and join the low points of the index on 17th Jan, 13th Feb, 20th March and 16th April, you can see the extent to which the index has spiked up in the past 10 sessions, and make a reasonable argument as to where any retrace might be. In the short term, I can see this coming back to 8,000 in June, (That's a 5% correction), and if not, 8,450 is where you might expect the index to be next January.....so it is growing more likely that there will be some cooling to occur over the summer. Question is, when might it retrace, and by how much, and which stocks might it affect the most. .
I have less years investing than OBNW, but I have been through a couple of crashes, and many market corrections over the years. A correction is deemed to be a market that falls, but only to a point that is still 90%+ of its recent peak. (That's 7600 at present levels - Feels unlikely, but falling back to 8,000 is very possible).
You could make the argument that "nothing goes up in a straight line", and to go and enjoy the sunshine, but, if you can time it so as to take 5-10% off the top in cash, it is like making a double dividend..... and what every your the size of you portfolio, and level of investing, it is these events that pay for life's treats!
This time around, I do think that the recent build of value will be protected to some point by the much heralded drops in interest rates, when it / they happen. There are now very few Fixed term savings accounts paying interest >5%, whereas there is quite a line-up of banks, insurers and other FTSE 100 Stocks that are paying "Progressive" dividends in the 7 - 10% range. Arguably, for the 7 - 10% payers to "fall" to only paying what is still a bank beating 5 - 8%, then that would result from a 25% - 40% rise in the underlying share price. - maybe it is precisely this that we are currently witnessing. (The market has risen only 15% in the past 6 months, and so a further 10 points, up past 9250 is infact possible).
In my view, It is definitely no bad thing to take a profit, and to sell into a rising market. And I agree about the point about not being too greedy, but if you want to extract a lump sum that is more than a "trading turn", you don't want to sell at a point that turns out to be the mid point of any retrace and subsequent recovery.
So, I think that the coming two weeks are key. I have already moved c10% of my portfolio to cash, and if there is +5% more in the FTSE, taking to 8800+, I will probably extend this to move a further 40% to cash.
Aviva has a trading update at the end of the month, and the inflation figures also come out in the next couple of weeks, and hence an opportunity to sell this at £5.20, and then buy back later for £4.75 before the arrival of dividends come back into play is starting to look very plausible.
I've been investing since 1963, so seen it all at least three times over. Impossible to time it so all I am warning is don't be too greedy. If we are lucky enough to see our quality performers up say an average of 40-50%, don't wait for 75% overall. Some of my 'speccies' will go bust and one or two might rocket. I am not including those. I am directing my comment only at the quality stuff in most portfolios. If like me you take a few gambles, we are obviously playing our luck with all those.
Oldbutnowisa is living up to his name thinking he can second guess what’s coming
Oldbut, what's make you think a market crash is imminent soon
We are all going to have to get very wiley in the next weeks and months in order for our portfolios to benefit from the gains and reduction of interest rates, but make safe before this market ends. The way to do this is to sell at least most of our profitable holdings deliberately leaving the 'thickest cream' . I am, if I get lucky, not going to be upset if I sell 'too early' because I know from many decades in the stock market that it can and will turn viciously down again without notice.
What to do with the cash we make by selling? At least part we should spend on lifestyle choices we could not otherwise afford. The rest should go safe and boring until the crash is over and then, if you are young enough, (I am not) you could rinse and repeat. Good luck to all.
Good share this one, i'm very pleased with the way it's going
GLA
L@@k 10 million buy
I have a holding of DLG and AV.
Unwittingly I have managed to insure my house car and motorbike all through aviva as the best rates using subsidiaries of Aviva, Devitt, quotemehappy ,general accident.
I think This insurer with its buy backs can only go up where as DLG have priced themselves off the market although I wish they hadnt of course
Sold my holding here, having become concerned about future sells. Over the last 2yrs I have known many who have given up trying to purchase their Car insurance online because of the automated system in place for quotes where simple questions seem to go unanswered.
Started: shatter, 22 Apr 2024 10:10
Last post: joo1, 8 May 2024 21:45
Good for 550 very soon
Well done to those who held. It was my intention to hold after the dividend but the share price was falling and then the markets looked shaky when Israel and Iran attacked each other so I sold out at 460p. Disappointed I sold out now but you just never know what’s going to happen to the markets and share price. I can’t believe how high the FTSE100 is trading at, how much more can it go?
Do remember though to maximise your profits with Aviva you do need to sell at highs and buy in at lows. Holding without ever selling is just missed opportunities.
£0.223 per ordinary share.
What's the divi payment £?
Dare I say it…and the Divi still to come🤐
Last post: AbjectPerformer, 3 May 2024 01:37
Spikey if you don’t vote for Michael you’ve had it.
Isn’t michael mire the silent weirdo in the hockey mask who’s got it in for jamie curtis? - not sure i would vote for him either..
Some people have it in for Michael Mire - he only got 90% votes in favour of his re-election - poor show!
Aviva AGM Thursday 2nd May.
gla
Started: Clued, 21 Apr 2024 16:52
Last post: chubbybrown, 22 Apr 2024 22:35
Thankfully finished in Scotland with its Feu superior system
Agreed Dr Patience. If we want more people to do business in the UK you need to believe in the rule of law, and have confidence that the government will not take steps to force amendments to contracts retrospectively. The precedent this would establish would be damaging in the extreme - but the whispers are that is the direction of travel. I have sympathy for the tenants, but ultimately they knew what they were signing up for - or should have done if they read what they’d signed up for. An attempt to win votes from some, that will lose votes from a smaller number - but which would establish a damaging precedent overall.
Clued, as far as I can work out, it's mainly individual investors' money.
Lots of Tories are big landlords, so I'm wondering how this will go down?
I'm not even sure how commercial contracts can be negated retrospectively like this; it's daylight robbery for those who paid for freeholds, expecting a return over time.
I hate the whole system, a nasty spillover from feudalism and unique to us in England, but really needs an orderly transition.
Will Gove's 'reform' of Ground Rent law affect Aviva as the press says Pension and Insurance companies bracing for a £30b hit, or will it just affect the investments being managed by Aviva on behalf of pensioners and investors ?
Last post: Easy_Livin, 21 Apr 2024 03:21
"Pull back Monday"
So grateful for the razor sharp & in-depth analysis of our co. future direction.
Pull back Monday
Started: Nomadme, 19 Apr 2024 16:01
Last post: oldbutnowisa, 20 Apr 2024 10:28
Of course policies will only be offered to teetotallers!
19/04/2024 | 10:40 AM
Insurance company Aviva has confirmed its investment in a new start-up which plans to offer private health insurance in Ireland.
Subject to the new business receiving regulatory approval, it is planned that it will begin selling private health insurance policies in the second half of 2024.
Aviva, which will hold a 50 per cent share in the company, said the new venture has been established by "a group of senior executives with significant experience in both setting up and running health insurance businesses in Ireland".
Aviva Insurance Ireland's chief executive Declan O'Rourke said the announcement is "great news for Irish consumers as it will provide greater choice and value".
"This investment expands Aviva’s offering in Ireland to General, Life and Health Insurance and further demonstrates Aviva’s commitment to continue to grow in Ireland as a leading financial services provider," he added.
Started: shatter, 18 Apr 2024 11:24
Last post: shatter, 18 Apr 2024 11:24
Every share has its peaks and troughs but reinvesting the divi every year makes a huge difference over the long term. It doesn’t take much to spook the markets at the moment but as AASea says you will either be purchasing a bargain in May or hopefully the markets will have settled and the sp recovered somewhat. You are compounding earnings. One of the most significant advantages of dividend reinvestment is that it allows you to buy more shares and build wealth over time. I am fortunate in that my entire holding is in an Isa and no worries about paying tax on the substantial Divi but everyone is different and some have been lucky if they sold before the Divi and repurchased now. All about the timing.. gl all
Started: AllAtSea, 18 Apr 2024 08:25
Last post: AllAtSea, 18 Apr 2024 08:25
If like me you held on for the dividend, it will be paid in May. Then, if the stock continues to be a bargain, as it is now, you can reinvest your divi and get more shares than you would if it hadn't dipped. Or maybe the price will have recovered...
As usual it is impossible to forecast.
Started: Conger2, 11 Apr 2024 10:22
Last post: robleo, 17 Apr 2024 09:00
Tinker, that's a very good point, unfortunately theirs a lot of bad things going on in World right now that we have very little control of, so let's hope it gets better soon
Robleo, Yeah, it’s always a dilemma. Sometimes I’ve sold shares before xd and done well and sometimes it hasn’t paid off. This time, the people who sold in the 490s and are now buying back at 450 have obviously done the right thing. My main point to Caddy, though, was that if you are content to hold and bring in 8% a year then you’re not doing too badly.
GLA,
T
TinkerT, not sure if the ones that sold for around £5 needed the cash, they probably didn't want to lose their capital gain
with hindsight if i sold my aviva/mng and Lloyds shares before exdiv it would have been more rewarding than taking the dividends, when you think about it your not going to get anymore income from those shares until the next exdiv, maybe selling up and holding the profits in cash until they all drop back would be more profitable, unlike my funds that keep growing dividend shares just go up and down
Caddy,
I think the question you have to ask yourself is “Was I going to sell at £5 ish?” If the answer is “Yes” and you are still going to sell (because you need the cash) then you have reason to feel disappointed. But, if (like me) you are here for the 8% divi and are going to hold long term then you haven’t lost anything.
T
Was looking forward to my May dividend but the fact that it has now gone down over double what I will get back has taken the shine off it.
Last post: longtimeinvestor, 16 Apr 2024 13:29
How can anyone know the reason for something that is untrue
AV. have been and are a great share, but anyone know how the NAV has dropped from £5 plus to £2 plus?