Prussel22 Jan 2020 15:05
Many thanks for your lengthy and considered response/thoughts,views and opinions.
Last year I made about 20% profit on my portfolio largely thanks to trading Persimmon after a tip/nudge from a poster that Ive known for a long time on here called Levis.
The tip came 12 months ago when psn was trading at around 1900p and fundemental research was duly performed.
Now at just over 30 pounds a share I think the building sector has reached full value,same as lgen at just over three pounds a share recently.
I think the positivity for Aviva will come after full year results confirm an eps of 60p(opinion at this stage)compared to the current eps of 38p.
This is when the 430p ceiling will dissolve imo and better to be in now before the run up to final ex whereby Aviva typically rises.
Six years ago I was on this board holding Aviva(my first share after instigating a sipp),v similar to now the price was stuck in a rut at 280p having fluctuated between 280-380p.
The difference now being come April (opinion),the figures will be double what they were back then including yield,eps etc.
In my opinion Aviva is a safe solid company,historically with growth potential and is currently undervalued before results by about 50%.