Member Info for MattTheBrave

:-)

Less talk about shorting my Comp stock if you don't mind......;-))

So people who don't have dogs go around barking , do they? Seems a bit odd......;-))

Recently invested some money into AV myself - switched out some of my L&G which shot up last year and has significantly outperformed AV, and trades at a significant premium to BV.

...why it's down 7% today..??

I've been long gold for about 2 years now (c 1250 in price) and with $ price move and fall in sterling it's been a nice investment. I think it's still a nice hedge for all the uncertainty in the world (and UK as it impact £). I'd consider selling back around all time high levels at $1,800 or so. GLA

...to all!! Hope no-one's still short gold.......:-))

Lloyds Bank for me.

I'm out. Always jam tomorow and a pile of garbage today. Shame on them.

Just below £2, now looking pricey. I'm going to switch some into Empiric. Also 100% student housing, slightly riskier, with worse balance sheet, but trades at a discount to NAV and yields over 5%. Anyone else?

Nuri you say 'so glad I bought a bucket of these shares', but what you mean is I wish I had bought a bucket of L&G shares which I could now switch into Aviva, having made a relative gain of 35% over the past two years. That's what I've done...:-))(However - L&G remains a vastly superior company, but even rubbish has its price!)

Best bet for Aviva is that some other player who fancies doing a better job than the current 2nd rate management team acquires the Company. LGIM is a genuine world-class player in the asset management and bulk annuity market. Aviva a third rate player at best. Thee market doesn't lie about this stuff.

NAVs for banks means something, but for insurance companies, very misleading. PE and Yield the best guides, and LGEN on a small premium to AV, but with a much better business and management.

....and I see from the Aviva Board, you have £90k invested, and you don't know what an EPS or PE metric is.....LOL!!

I actually got 38.2p from Aviva's results RNS: Basic EPS 38.2p, +9%. It's just above the NAV you keep crowing on about.

Who the hell has ever looked at "Operating Earnings Per Share"?? That would mean nothing to me as I want to know what the earnings for ordinary shareholders is, and that has to be after all financing costs and tax. The PE is always calculated on proper EPS which put Aviva on 11x. Not so cheap now sunshine, eh?

Aviva 2018 EPS of 38.2p. You do the maths, genius.
NAV is irrelevant - this is simply an accounting number, and is largely down to different accounting practices. Any difference after adjusting for this is easily accounted for by the better growth and quality of L&G's businesses, plus better management. Good luck though....;-)

Perhaps us rather more successful investors here on the L&G Board ( :-) )can enlighten you Nuri. Firstly, L&G's business model is far superior, with higher quality and faster growing asset management and annuity businesses. Earnings last year were about twice what they were in 2014 for L&G showing a steady double digit rate of growth, whereas Avia's are still 20% below wher they were in 2014. You'll also find that Aviva is actualy on a PE of 11x whereas L&G is on 10.5x. Bottom line is that L&G is a vastly superior Company to Aviva, and on a lower multiple, so you stay over on the Aviva Board, while the proper investors focus their time here....... ;-)

...shakalaka. Price target done with 3 weeks (ish) to spare. Need to work outr what to do next now!!

...hit my target of £3, albeit 9 months late!! Stock's still cheap with a well covered divvy, so I'm staying. £3.50 12 month target now! :-)

...get to my £5 yr end tgt. Just 20p to go!!