Member Info for 1.ARMANI

LONDON, Nov 16 (Reuters) - British insurer Aviva (AV.L) on Thursday posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders.

Insurers have dealt with issues such as rising inflation and the higher cost of claims by increasing premiums.

The life and general insurer, whose main markets are Britain, Canada and Ireland, reported premiums of 8 billion pounds ($9.91 billion), up from 7.2 billion a year earlier.

Excellent...well done AV

"Aviva's prospects are very positive. We expect to beat our medium-term financial targets and, in line with previous guidance, grow operating profit by 5-7% this year, despite higher weather-related claims.

"I am extremely confident that Aviva will continue to deliver more for shareholders, and we reiterate our guidance for a total dividend of c.33.4p for 2023, and further regular and sustainable returns of surplus capital."

DGE

CEO & BOD are covering up a black hole!

The world's top spirits maker said last week that sales were set to fall by more than 20% in Latin America and the Caribbean, which makes up around 11% of the company's sales.

Diageo said it had limited visibility into inventory levels among retailers and wholesalers in the region.

Total BS

Diageo buy GFK data which gives every single unit sale from supermarkets to small retail chain outlets.

The data not only gives DGE sales per unit sold but also gives every competitor sale per unit sold.

The data is purchased daily or weekly depending on a companies contract.

Whole Sale distributors including Cash & Carry's give a weekly print out's of inventory to reps.

The rep's have the detailed info, every Friday 8;00pm in their inbox.

DGE are waffling fudge crap............they didn't flag any problems in September update!

gla

Chinese Industrial Production YoY 4.6% previous 4.5%

Chinese Retail YoY 7.6% Previous 5.5%

CPI ...... to follow!

At last some traction....way under valued!

Sharecast News) - Insurer Phoenix Group said on Monday that it was lifting its full-year cash generation targets after completing the funds merger of its Standard Life and Phoenix Life businesses into a single entity.

The merger leads to a "material" one-off upgrade to its 2023 cash generation targets to around £1.8bn, from around £1.3bn to £1.4bn. As a result, the company's three-year cash generation target increased from £4.1bn to £4.5bn across 2023-2025.

Chief executive Andy Briggs said: "The completion of the funds merger of the Standard Life and Phoenix Life businesses into Phoenix Life Limited, bringing together 8 million policies, is one of the largest UK insurance Part VII transfers ever completed.

"This reaffirms Phoenix Group's position as the UK's leader at delivering cost and capital synergies and generating value for customers and shareholders. This funds merger enables us to materially upgrade our cash generation targets and creates further balance sheet optionality for the group."

gla

Diageo ADR across the pond trading in pre-market 135.66 USD -15.19%

RSI @ 30% 139.57 USD ...fair value

gla

Morning Gate,

Lloyd's share price on the subway walls.

Fakey 35p wait & see!

Cheap as chips..Love & Hype 80p

StanC50

"I will be pleased when we get back to 60p then i will sell up to many down days sitting at 41p"

If Lloyds shares ever get back to 50p ...many posters will be gone!! 😊 over & out

Group operating profit to be the top end of guidance.

Taylor Wimpey has delivered a resilient performance in what continues to be a challenging market backdrop, reporting a robust sales rate and strong financial position, and reiterating our full year 2023 UK volume guidance in the range of 10,000 to 10,500 homes. Due to our focus on optimising price and sharp cost discipline, we now expect Group operating profit* to be at the top end of our guidance range of £440 million to £470 million.

Good morning GS,

I'm heavily involved with LGEN & AV.

Sadly in the red with LGEN until the next divi.

AV Q3 16th Nov.

I'm hoping for a pullback to 388p ish to add for the very long term,

12 years divs the shares are FREE @ today's price.

Anyway........I'm heavy with TW split divi 4.8p twice a year. YIELD 8.5%

Update 9th Nov.

Holding BWY ex-div 95p end Nov.... 40% upside.

BDEV 50% upside + good divi

Onwards & Upwards

Theaky,

I wholeheartedly agree BP is in dire need of an O&G CEO as per my post yesterday.

Bin Burn backs and pay an increased dividend.

I'm long on BP and will add after ex-div.

gla

Shocking peak 250B. USD to 102.7B

https://companiesmarketcap.com/bp/marketcap/

Nov 7 (Reuters) - British homebuilder Persimmon (PSN.L) said on Tuesday it would build more homes this year than its earlier expectation, while pointing to "highly uncertain" market conditions in 2024 as high mortgage costs and a cost-of-living squeeze keep buyers away.

The target hike comes after peers Barratt (BDEV.L) and Vistry (VTYV.L) last month flagged that challenges in the British housing market would continue over the coming months.

High mortgage rates have dented sales for much of this year, forcing builders to warn on profits and cut home-build targets at a time when the UK economy is battling marked challenges, including sticky inflation and slowdown.

Persimmon said overall pricing remained "broadly stable", but it had experienced a slight reduction in private average selling price in its order book and an increase in the use of incentives in certain regions.

The York-based company, which offers a range of homes from studio apartments to five-bedroom houses, said the private sales rate improved over the past five weeks to 0.59 units, compared with 0.45 homes in the corresponding period last year.

The FTSE 250 (.FTMC) firm now expects to build 9,500 homes in 2023, above its August forecast of 9,000 units, helped by improved sales since the start of October.

Actual -3.2% Previous -4.5%

Green improvement

Halifax House Price Index 7th Nov

YoY and MoM (Oct)

Could be an interesting open

The G20 had their environmental meeting last year on my back door (Bali) in 2022.

The archipelago has roughly 330 million population and there is zero movement from petrol engines to EV.

EV vehicles were imported/staged for the meeting... world media photo pics!

SE Asia's largest economy has a population of 330M and no signs of change from petrol....right or wrong these are facts.

BP needs an O&G....... CEO

gla

Lowest close price for Lloyds shares 2023

October 27th.........0.3976p

Means JS if one has no skin in the game!

https://finance.yahoo.com/quote/LLOY.L/history?p=LLOY.L

Started to add back my main holding!

Markets are negative with the business model after Oct update!

I think there's 50% + upside over the next couple years.

DYOR

gla

"My preference would be for the Lloyds share price to remain lower for longer"

LTI ...My preference would be for the Lloyds share price to be above 60p and to remain higher for longer!!

Santa needs to change his reindeer & deliver a new broom for Christmas.

*residential funding , not property PF