Member Info for maddmax

Remember your CGT allowance has now been slashed for those of you who are trading in and out of this.£6000k next year and £3000 the year after,unless you forget to declare it that is. Oh dear.

AML PI got shafted,truly shafted.Gotta be up there with one of the worst IPO's to invest in ever.

Any long term holders here who bought pre pandemic north of £10.Would you fear the wrath of the newcomers who think you must be stupid for paying over £10 when they paid less than half that.Is that skill on their part?Are long term holders at fault for failing to predict the pandemic and Putins war?If only respect could be shown for all it would make this a much better place to share views in a civilised manner instead of all the gloating an backstabbing thats going on.

I always manage to mix them up.Cheers.

What a useless investment this was.I am still in the red after holding it for over 20 years now.They have 33 Billion debt on their books.What the hell did they do with the proceeds from the sale of their stake in Mannesman?As soon as I am back in profit I will dump it and never look back.Cant wait but I guess it will take years knowing this company and its BOD.

Makes me laugh to think at least one Brexiteer must have had a bad experience while flying recently who would prefer if our European "friends" went elsewhere to work rather than at UK airports for example.I am reminded of an old saying "you cant have your cake and eat it"!

Shpunken - why did you buy in at such a high price?
Stupid question.Perhaps his psychic powers failed him and he failed to predict the pandemic and Mad Vlads invasion of Ukraine.Dont forget pre pandemic you were doing well if you got these for £10.

There are gainers people on here bought in at £3.90 recently, a 50p gain.Funny that because I was banned from buying around that time.

I have been doing some checks and I believe I was given £1.0169 pence per share,not the £1.06 originally promised. Can anyone corroborate that.Has anyone else noticed?

I sure hope they do and that happens.

Was anyone of you lucky enough to buy into this dog at £5.00.What an investment that was!

I jumped the gun alright.Its explained in more detail on their website.Its designed so as you end up in the same position financially after the consolidation is complete.They say that but you would lose out if the share price rose before reinvesting the proceeds.

@IAPR+ tacly. I sure do hope you're wrong because if you're not then we are facing a big write down on our investment.Not long to go before the truth reveals itself.

@IAPR..Yes but dont forget the share price should rise post consolidation as the number of shares in issue will be reduced by 25%. That's why its called a consolidation.

I reckon we will end up worse off to begin with.The £1 per share payout will in some cases be used to buy more Aviva shares.However they will have to be purchased at the post consolidation price which I guess will be at least £5.50 each.This will be after losing 25% of our holdings for over a pound less,meaning we will end up with a lower amount of shares than we have now. The only upside will be receiving a much higher dividend in the years to come.IMO of course.

Don't forget you will have 25% of your shares taken off you.

I have calculated the share price post consolidation will be £5.83.

Looks like we end up where we started from as many predicted we would.Nothing for us as a result of this.

Details about this scheme will be published tomorrow April 5.

PVI1
Yes,and your cash gift of 50k will be negated by having lost 12500 shares.I've been through this with Vod, nearly 10 years ago and there was little if any gain and I doubt this one will be much different.