Member Info for Motbuck

Hi Asp, I also have what is for me a very significant long term holding , and remain very frustrated by the big reduction in dividend payments since pre covid which you have previously highlighted very clearly. Having recently retired this has become more important to me as it was always part of my retirement income planning. Here's to a special dividend in May and a substantail increase in next years dividends as profits continue to grow.....!

Hi Asp, Please put me down for 56p.....

Sorry Cereus, I wasn't referring to anything about the Coronation, I was referring to an earlier comment about disastrous government policies.
My personal view is that we handled the Covid crisis better than most countries overall. The energy crisis was driven by Russia primarily and recent disastrous financial events confirmed that we do not have the option to cut taxes in response to the current climate. My biggest concern is the lack of a realistic option to the current government, especially in such difficult circumstances.

Agreed Theosus, but to put it in perspective our debt to GDP is the second lowest in the G7 after Germany.....

Cereus, do you really believe Covid, Russian driven energy crisis and inflation have been disasters created by the government and not affecting every other country????????? Really wonder what planet you are on.
How would you prefer the government to respond to these situations . The world has decided tax increases are the only solution so not really any choice. Which decisions do you think would deal with these situations and make everyone in societies life better and happier in the short term.....?

Mystifying to me why the share price remains so low despite the overall positive outlook for the business. Can't believe the government would raise the tax surcharge on the industry and expect it to be reduced. For next year I expect a significant rise in the dividend to get towards pre covid levels in addition to a further buyback. (Pity further buybacks couldn't be made at these prices given the scale of capital reserves)

Very quiet on here, despite what looks like a very healthy outlook for the business. In these difficult times the strong financial position should provide a real competitive advantage in maintaining stock availability and driving growth through gains against weaker competitors.

Hi Crystal, I bought a chunk at around 2.45 which should show a good and growing dividend yield and I am also confident of seeing good growth against that share price over the coming years. What's not to like?

I'm sure this has been clarified on here before, but as a relatively recent long term holder I am totally mystified by why these shares always seem to drop on ex- div day by far more than the value of the dividend. I can't think of any logical reason why this always seems to happen????

This is undeniably a very good day.... but we shouldn't forget that the share price should really be £5+ following the reduction in the share pool..... hopefully this is part of renewed confidence in Aviva which will take us beyond that price.

I've gone quite heavily into LGEN over the last year or so and can only see good things going forward from this excellent well run business. I suspect the Half year results will be very positive and looking very promising for the dividend.

I was 8 shares up ..... :)

Fully reinvested the b share return and got same number of shares as previously with 25% less shares in circulation.
Now waiting for share price to climb beyond £5 and the divis of around 8% pa. Can't really work that smoothly can it?

Could be a good time to buy at this price as availability could be strength over competition. However, service issues at the UK hub and the expanded European hub in Germany could become an issue.

I have sold a tranche of my Lloyds holding today to buy more Aviva and LGEN as the future prospects and shareholder returns look promising at these prices. Be interesting to see how the Aviva consolidation pans out ....
Time will tell if I have made a good move :)

LTI
You don't need to repeat anything...... everyone is aware of what you say and I don't know why you do keep repeating it.
However, it doesn't mean that people agree with your view (or indeed the BOD's actions)
Why you struggle so much with anyone having a different view to yourself is beyond me ....

Agree. A dividend policy of around 3.28 a couple of years ago to 2p now on higher profits and capital doesn't appear to be very progressive..... though I suppose it will be easy to be progressive from 2p :)

What on earth? Why would Russia feel threatened by other countries wishing to join NATO? Do you seriously think that there is a wish from NATO to invade Russia? Why should sovereign nations not be entitled to join NATO ?

Thank you for explaining to me that I can decide whether to hold or sell the share .... I really didn't realise that.
I thought I had made it clear that I felt the BOD should have returned a higher dividend and lower buyback to both increase cash return to shareholders , prevent dilution of shares and increase share value through positive market reaction.
Repeating your view (which of course I respect) over and over again does not mean that I will agree with it if you repeat yourself often enough.

"time" to reduce my holding