Member Info for karv1

DC you just need to be patience I'm down near 4% from 237, I know this is nothing compared to your position but I have no concerns with AV future.
Original plan+back up plan to sit on my hands and wait for the dividend to be reinstated next year.
I am hoping it will be at the old rate but even if it was cut by 50% would still be near 6 to 7% at current prices with huge hikes in dividends in future years.
Life insurances they probably selling more than ever.
General insurance people will still need it.
Pensions funds not going anywhere.
This year they might be more generous on delayed payments and extra payouts but next year will be more like normal.

The good news on a horrid day like this is everyone is down so everyone average is down.
So the FTSE on average has more to gain on another day.
The USA markets have ballooned since march 23 gaining much of there losses for the year excluding the last few days with some people starting to say that they had become too high for the situation we are in.
One could argue that if we're all to go down together that the EU markets could rebound better than the USA markets due to better news here
One could argue that the USA markets could be dropping back to where they meant to be and taking us to new lows at the same time.
One could argue that this is just a blip and the USA markets will ballon again and more USA big investors will start looking further afield for investment for better returns.

Every day that goes pass the odds increase that someone will announce a new vaccine is working and they are going into production while larger tests are being carried out.
When that happens, I would not be surprised if we don,t go up anywhere between 5% and 10% for the FTSE and possibly higher with some companies.
After this the tide will turn and very very slowly the trend upwards will start.

A fairly bad day could have been better.

I have been very very lucky on the flips of the coin probably going to jinx myself now.
Once this is all over and the SP goes up I want to be holding.

I sold yesterday at 248.50 i started to waiver when i saw dow falling it was looking more negative than positive.
Brought back in this morning at 237 so i am hoping for the 240+
But if it was to go down to 230 it will only be a matter of time before it goes up.

A fun day lets hope it don,t go down anymore and has an amazing afternoon.

I just saw the futures down 1.6%, if this was to play out, it could be a messy morning.
There is a long time between now and the morning and much could change.

If the dow turns red and stays red with the S&P AND NAS with in the next hour it will sink av share price.
I think AV future today will depend on the dow

At this rate there a chance we hit 240

Who would risk it or would have the spare cash to attempt it at this time.it would probably be a share deal if at all.
Even if someone was out there they might only offer 30% above the closing price the BOD would probably not recommend it and how many long term investors would say no to say a 320 in share value offer with there averages in the 300 400 or 500.

I would guess DC knows that the fundamentals of AVIVA are sound and that one day they will go back up.
I suspect he just frustrated on the way the BOD has handle the company and the falling SP and then virus came along and shattered an already low SP
IN a healthy time a company that makes 3.2 billion would not be worth 9.5 billion with 185%+ coverage with a 12.5% dividend at the current price on the old payout of 31p and I can see why he has not sold why risk jumping from the frying pan to the fire, one day this will go back up.
I'm guessing it must be extremely frustrating to see all this yet the SP struggles to rise compared to others.

2.1% down let's hope for a 3% up day tomorrow

Unluckaviva look at the last 10-year average 268 to 540 odds are in time you are going to make money, I, ve tried to make money on this rollercoaster ride to increase my pot but in the back of my head my thinking is if it goes south then it got 1 heck of a dividend which is covered by profits
Even if the dividend is cut or stopped for more years then they will pay off the debt,s which will make future profits even better.

It is just bad luck the day turned from positive to negative

Their customer base is sound and in 2020 I am not expecting anything but when 2021 profit comes in it should be similar to 2019 then I'm hoping for the 31p= 13% dividend which will be covered by profits not counting any self-generating profits,
positive thinking with fingers crossed for luck

Very true I am trying to increase the pot for the 13% return. I am now at the point where a 13% return on my funds is a lot of money a year for me.
I know there a chance the dividend might get lowered on return.
if it stays at 13% then I'm set for life pension wise and I am only 44

Even tho I don,t want it to go down and I still might play on the sidelines, I am fairly confident in the future of AVIVA in time.
I'm at the point of this investment cycle, I would rather hold the stock while it goes down rather than hold cash while it goes up.
In 5 years' time when we look back and realize we were in a stock that was paying a 13% dividend in a fairly sound company, people will be kicking them selfs for not staying.

Lets hope the markets improve in the afternoon or tomorrow

The strongest will get stronger.
The middle will be cripple by huge debts
The weaker will be gone or nationalized and become far stronger with no shareholders or debt.
Risk v reward it all depends where IAG sits on that list.