Member Info for karv1

The problem you get is most board-level managers just bounce from 1 company to another nm how good or bad they are. The other type is grown through the company and they are even worst, normally either yes men/women or terrible at their jobs but think they're great and everyone below them is terrible. sadly many companies are run like this.

Does anyone have any ideas or thoughts as if or when the dividend will be restored and will it be the 5p still?

They have had an amazing rally way more than the rest of the market, and it may continue.
To answer the 200p question in my view.
1 It would be the track record of losses over 4 years even tho a few times now they have said things have improved.
2 It would be the cash position, which looks great on the front page and you would hope they would pay great dividends but when you look deeper on the balance sheet they can not.

Depending on any new information.
I think 21p seems cheap.

When this starts trading again are people expecting a rise or fall?
I would imagine a huge rise but you never know.

Redceo That's a fair comment, I do post a lot when I get a view that I believe is right or wrong or to debate it or to understand it. I will stay off the AV boards for a while, let everyone have a break from me, GL with your investments.

They really need to add an edit button to this board for people like me with shocking grammar.

Porsche. has been right though this has tho just been pure luck or a flip of a coin, no one knew what was in the update for the 3rd quarter.
Since Oct 30 his first post-LGEN up 40% AV up 30%.
Nothing worst than someone getting it right with no information to back it up. and just makes a guess and claims great knowledge. you should of listen extra extra .
On the golden ticket
On the positive side, AV seems not to be bothered about it at all and I think someone said CFO brush it off saying it covered It has been reported they are trying to sell AV France for billions.
On the negative side, this story seems to appear in what I class as proper papers in The times, ft , independent, and sites like Forbes and not joker papers or sites over the last 1 to 7 years with information being very limited from other sources.
So people will have to make their own minds up.

I would be happy a with 5% rise in a day or a week or even a month and when you make it, the hardest thing is not to lose it again on the next day. I am always giving myself 12 monthly targets but I never keep to them.
Something normally happens or I find a new target that I think could have a better outcome. and sometimes the grass is not greener somewhere else. You win some and you lose some.

I think the DOW will determine what happens this afternoon and it is looking like a down day it may drag AV down,
AV does seem to be holding up fairly well so far.

nicknaim post makes think about being positive instead of negative I asked a few questions on the other chat and did not really get an answer over the weekend. not that it their job to answer my questions.
I got more nervous over the weekend and the gut feeling that it does not feel right mainly because i do not understand the logic of AV actions and then to top it was the GOLDEN TICKET story pushed me over the edge with more news on it today.

On the other chat board, there are a few people that have very good knowledge of the business and they seem to think this is all good news, it is just possible that all this is good news and i just do not have the understanding as I look at very basic lines
Net profit loss debt dividends assets liabilities current and non-current.
insurances companies are extremely complicated to understand.
GL all

I do feel for the long-term shareholders of AV. The company should not be where it is, It should have been a safe bet while giving at the time decent returns. They could have paid a 10 to 14% dividend on current profits and not touched the surplus or sell anything snd just grown the business.
Aviva is a good company being run badly and now is going to be cannibalized, but I think there are going to be good peaks on the share price while the asset sales go on so there is a good chance of getting your money back.
Sometime between now and when most of the large assets are sold the AV share price will peak before it starts to drop after the debt and buybacks and specials drain a lot of the excess funds and the share price drops to reflect the Aviva light with far lower profits.
The problem will be why will long-term investors join due to a tipping point after asset sales once the money is used and the share price has peaked.
The share price hit 550 a year or 2 ago and it hit 20 billion value at a guess making 2.5 billion after-tax,
How is it ever going to get anywhere near that when it only makes 1.4 billion after-tax on Aviva's core business.
People have spoken about the 5 to 7 billion in asset sales but I can not get past the thinking that I wanted long term with great returns from this current share price.
Very basically 2019 profits shareholder funds after-tax 2.6 billion x 10 years = 26 billion-plus surplus
New AV going by AV numbers 1 BILLION to shareholders after tax but i I am guessing nearer 1.4 billion x 10 years = 14 billion-plus surplus
Not counting growth that i am guessing would be between 3% and 10% on those numbers.
Even if my number is some way off and I stuck my whole pension into av for 25 years I can not see how new av would have beaten old AV.

I have sold gl all I have tried to understand the sense behind the future direction of AV but I can not get my head around it. I will probably trade it but in long term, I struggle to see a Brightside to a shrinking company.

I guess that why the old dividend rate was so important to the older shareholders it was the only light in a dark tunnel.
I do not get the new battle plan it makes no sense to me but AMANDA has thrown 1 million of her own money into it so she must believe in it and I hope she is a super smart lady that is really on the ball and pulls it of. and makes us loads of money.

All the profits from all the assets sales may cause institutions to buy in sending the share price up waiting for those special payments or buybacks. and the dividends beat the average for the FTSE. At least the new dividend rate will be safe with so much money from the asset sales and surplus.
I see this share price only going in one direction. I think we just need to be patient for the real value to be shown.
The past is the past let us look to the future. and hope THE NEW CEO AB is on the ball..

We could get some great special payouts over the next 12 to 24 months and share buybacks could send the price to 4-pounds plus.
It is possible we could still get over 10% + returns with special payouts.

Today was a chance for AB/board and it was blown badly. Instead of getting 31p 31p 31p 31p 31p over the next 5 years costing AV per year 1.2 billion out of the 1.8 billion profit after tax. Instead, we are going to get 21p 22p 23p 24p 25p and some extra returns if we are lucky with a leap of faith. I know people say this was unrealistic but no one has said why. It is covered 1.5 times by profit after tax. Why was the change needed?
For every 100 million of profits that could grow in the future we will lose on asset sales to pay down the debt,
we will save like 50 million on interest payment while at the same time we have some of the best interest rates we are ever going to see in our lifetime for debts to the point where they say we to rebase the dividend due to lower-income.on our core 3 locations. due to selling of all the global assets cheaply during a pandemic. tho Singapore I think was a great deal at 18.4 x
Italy at 8.4x was not.
Total madness in my view.

That is what is happening it is why the share price is not up 5%

Nothing had to change.
The dividend was cover and some at 31p
Why should i feel happy that 1/3 of my possible income has just be slashed?