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That's nothing yet. Wait 'till the buffoon causes a No Deal Brexit!

"....it's gone from £5.50 to £3.80-makes zero sense!". Makes perfect sense to me! The country's being led into a 'No Deal Brexit' by a philandering cretin IMO.Obviously that will be disastrous on many fronts but particularly for financial stocks and the economy etc etc. I too am overweight in Aviva shares and am hopeful the plonker, and his coterie of sycophantic careerists,will fail to drag us into the abyss. Then perhaps things can slowly return to normality and London will retain it's status as the financial capital of the world. P.S. I do agree though that Aviva ought to be valued at closer to £8 per share and probably will, if only common sense will prevail.

Lol.That seems like a very sophisticated investment philosophy.lol

Nicely poised for a retrace to 450p imv. And with a positive November update/review of corporate directions/plans, and if the Brexit dust settles with a sensible outcome, there's a good chance Aviva can burst through 600p in the medium term with a bit of luck!

This government will screw the nation up

I get a sense that as a long-term holder, you're frustrated at the average performance of Aviva Jakeandelwood (which would be understandable).I agree that the plans to split into separate divisions seem contradictory to the previous policy of amalgamating General and Life insurance when-as you pointed out- both reasons were claimed to be for efficiency and cost reductions etc. I suspect therefore that the CEO is creating a smokescreen for what I think is his ulterior motive, namely, to be in a position to dispose of General insurance in order to focus onLife Insurance. That would demonstrate what he terms as commercial thinking, seeing as that is the area of sexy growth. To my mind,that seems palpably obvious.I also am a LTH of Aviva and feel the frustration too of others, but i would be kicking myself if in 2 or 3 years they were £7 or £8 and i'd missed out through impatience. In the meantime, i'm happy to reap the dividends.

Maybe this time it's different. He (Tulloch) did say the measures announced today were just the start of his new philosophy of 'Pace, Energy and Commercial thinking'. I believe today's measures alone could translate into a near-term SP of £6. On top of that there's a commitment of a progressive dividend policy.

Good riddance. He obviously didn't cut the mustard. Good to see the right action being taken for the right reasons. But he's sticking around to qualify for the Golden Goodbye! Let's hope the runaway costs can now be brought under control!
'Pace, Energy and commercial thinking'.

As many commentators on here have pointed out, things haven't improved much under the old strategy in recent years. If it takes someone who can think outside of the box to drive the company forwards on a strong growth trajectory by changing strategy and shaking things up, then bring it on I say. This company has massive potential. Basically, it's been a sleeping giant for too long.

But the knife is still falling ! It might look cheap but if it hits 20p you've squandered half your investment ( or should I say stake). Good luck anyway. I might be tempted to have a flutter myself if it declines to 10p or so , but only a few grand stake.

Great Shatter. All those years of good divi's on your original dividends.Compound dividends (if such a phrase exists).

Well over a million shares were dumped by someone just after the bell according to Hargreaves Lansdown's website it appears. That looks ominous for the opening SP in the morning. It could sink into the 30's.

Pearls has graphically illustrated the plight of Saga by mentioning the ..er..... Graph!!! LOL

They should have suspended the Dividend but bottled it even though that would have been the prudent thing to have done. They are currently receiving a lot of flack (and rightly so imo) from suffering shareholders so wanted to appease them. This is on my watch list I admit, but only if drastic restructuring is achieved by which time,it could become a potential recovery share in the fulness of time. In the meantime, I suspect this ultimately may become a Penny Share, in much the same way as Thomas Cook did a while back before it became a ten-bagger. Of course , you would have to have sold it before the latest slump back to Penny Share status! GLA whatever position you take!

With that (and expanding) debt pile, not cheap enough imv. It's unsustainable. Rights issue urgently needed to re-balance the Balance sheet. That will knock the SP for six as well due to the obvious dilution .

The SP is is moving in fairly narrow channels lately imv. I don't see it fluctuating too widely and it seems to have followed a very similar pattern to L&G today hardup.Probably linked to movements in the exchange rate of Sterling/US Dollar or some such thing. Nothing intrinsically to do with Aviva itself. Some positive vibes from the AGM on Thursday though would be most welcome for a boost to the SP up to the next level .

True omerta, that l&g is up by 17% since December. Aviva is only up by 13% since December. Bung in the 20p divi though and it's up more like 18%. I remain positive along with most other commentators and brokers and will be patient.

Clearly these are oversold on fear of Brexit uncertainties and politics and trade wars etc. On fundamentals and prospects, the Brokers recommendations are realistic but many nervous investors sell out on some arbitrarily set stop-loss being breached.This causes further holders to sell out irrationally too when their stop-loss is also reached. Rather like a domino effect, the SP suffers, and most of those sales are triggered automatically,without rhyme or reason. I'm staying long and riding out this unsettled period.

Some people can be so fickle !

The move to a progressive dividend policy is good news also and is secure with cover at 1.9 times. Debt is considered a little on the high side by some but manageable in my view. In any case it's about 55% of market cap. When the SP retuns to above 500p the debt%/market cap. will naturally decrease significantly. In addition the board have also intimated their intention to reduce borrowings in favour of or in addition to share buybacks. The sound footing of this company and it's exposure to potentially lucrative growth areas must make it a tantalising acquisition target for a forward thinking US/EU Insurance giant imo.