Member Info for nuri123a

This Union is a complete disgrace. No one in their right mind and with half a brain cell would ever strike in the current environment. The drop of Saturday mail deliveries makes complete sense - its entirely loss making!

Mrd - no FCSC dont cover fraud if shares and funds are not ringfenced.... but its been a nightmare... all of my money has been tied up and my shares are down 60%. Agree - NMC is 100% loss... its extremely unfair as shareholders here have not been safeguarded and little over sight apparent.... you out of shares altogether now?

Mrd - I'd like to say you had bad luck but I think its evenly spread.... all of this has left me counting some amount of cost. Lot of my shares suspended because of SVS insolvency.... I've had awful luck and no doubt you have too. Take care of yourself! You have been a very civil person on many boards

I think the SP action is almost all Covid related .... brexit out of the picture!

Unbelievably low share price. Valued at 1 billion.... Never seen it like this even during the greatest recession of 12 years ago.... If there is any inkling of state taking control of all or part of any bank, that will be the end of individuals ever wanting to invest in banks... except the largest banks like RBS and Lloyds. ...

crazy crazy crazy world! LGEN up 11% - Av. down 1.4%. Aviva has £14 billion spare capital and cash - and is valued at nearly half of that for the entire company. I'm not an expert - but Aviva's last update stated that its fortunes are almost exclusively tied to the economy same as LGENs.... it has £2.4 billion centre cash and solvency ratio is 175%.... Bonkers that LGEN are up that much and Aviva down considering Aviva holds significantly more cash than LGEN and spare capital.

Shatter - I give up too!
Our society is being dominated by the media - driving people into ultra risk aversion coupled with OCD. I'm having conversations with people everyday whose mental health is severely impacted by the fear being driven by health authorities. The response to the virus spreading is totally outsized to the actual risk people face.

Ultralow interest rates and ultralow oil prices are great for the economy.... once China gets back to work - we'll see what happens. This is an external short-term shock to the economy....

South Korea has reported reducing numbers of cases. Along with China - which represent well over two-thirds of all cases...

Shatter - your analysis is in most respects wrong. Firstly:
- A significant reduction in oils prices will result in a short term drop in the whole sale and retail price of oil related products. This will result in significant reductions in inflation and an increase in disposable incomes
- Secondly, the reduced interest rate environment will result in home owners being better off and increase their real disposable incomes - thus supporting spending on the economy. With interest rates rock bottom - it is unlikely we'll ever see elevated rates of home re-possessions
- Both of the above coupled with the ultra-low unemployment rate means we are unlikely to see the conditions necessary for a sustained period of recession....
MAYBE ITS JUST ME - BUT AVIVA IS NOW PRICED WELL BELOW ALL OF ITS SPARE CAPITAL AND CASH..... ITS ON 5 TIMES EARNINGS.... ITS COMPLETELY INSANE - BONKERS!

Bought another £3k. I've got an awful lot... but cheap doesn't come round often. Now that the company's spare capital and cash pile has pushed above the value of the entire company's issued capital.... cheap - too cheap! Won't pass it over. Have £450k in shares.... buying all the way down.... see you folks the other side.

RMG - NAV per share > £4.00.... share price = 45% of NAV.... undervalued!

Aviva is certainly not a falling knife either - NAV per share increased in the last set of results from £4.23 to £4.34 - earnings per share 60 pence.... don't you read anything.... lot of incapacitated people on here!

norrab1 - RMG is a long term investment - I bought half around £2 mark. The last set of results - where they announced they were on target to meet guidance of £300 - £400 million profit - doesn't worry me. If you actually read anything other than biased headlines, you would have noticed that whilst letter volumes were down 9% - letter revenue was only down 1.5%. Parcel revenue growth was twice the rate of letter revenue decline. Overall sales growing near 4%. Interesting that RMG's share price has held steady this last week, whilst every other share has gone down 10-20%! Corona virus could provide a boost as people self-isolate.

The next multi-millionaire traders will be created in these days as shares are far far far below fundamentals... Bank shares particularly undervalued!

Gold prices are in MASSIVE bubble territory. They are at their highest in sterling terms.... I'm invested in Fresnillo - but I think there are far better opportunities across the board - almost every share on the FTSE 100 is severely undervalued.... the corona virus has been hyped to the hilt by irresponsible media outlets globally...

People are selling their assets for nothing at the moment.... everything is WELL BELOW fundamental value.... fantastic opportunity to load up more!

pastyc - picking your timing is really tricky.... when its on the up - the opportunity will pass you by.... Stocks have not been priced any better value in the last forty years - these are been given away.... bank stocks are down 60-70% - I've never seen such great bargains!

norrab1 - I don't like to call anyone intellectually challenged but I think you are - but Aviva has made £3 billion is the most volatile period of recent times - particularly with Brexit paralysing the country for three years.... we've now passed by the three years of negotiations and guess what its profits have grown in every year of the last three years and its Earnings Per Share have grown to over 60 pence... despite all the doom and gloom. The smart people have already bought all of their shares.... The £20 million extra for storms is but a pimple on the proverbial. As for claims for coronavirus - life insurance doesn't pay out after a certain age - most people who have died are over 70. If anything this outbreak should benefit Aviva as people will be thinking "Am I covered for this?".... I would see this as an opportunity for life insurance companies to do more business particularly in Asia... that's why I think Aviva was smart not selling their Asian unit....!

Seriously - banks have spent a decade repairing, strengthening, restoring their balance sheets. AIBs Tier 1 is nearly 17% compared to 5% in 2009.... they hold serious amounts of contingency... as do all banks. Bank of Ireland is just as well capitalised.