Member Info for Rzez

Appears “technical Iran-us talks” to start on Sunday, so could be just flexing by Iran.

*yawn*

@longinvester try using the “Brave” web browser, available on most devices. Should help with the popup issues on multiple websites.

Al Jazeera and bbc news both reporting trump has confirmed deal with Iran is done. However Iran saying it’s not finalised.

Fingers crossed this stays in tact over the weekend and the orange guy doesn’t Trump it up again.

GLA

Thanks fleccy.

Wouldn’t this be the same for all carriers going to/from the UK though?

For example wouldn’t it be possible to refill the other end of the leg such as Spain if the UK was short?

Appreciate this wouldn’t be so helpful on domestic routes, though potentially a way around the worst of it?

Thanks MikeS02, this went straight over my head.

Thanks Crossley, didn’t realise the name of the company’s shares being purchased would only be in the title. Seems a bizarre practice. Though one I will now know for future RNS’s. Greatly appreciate you pointing out my mistake.

R

Lots of bad news at the moment, could someone very kindly advise what I’m missing with the RNS release today?

From what I can tell multiple purchases have been made at c. £2.07 for PICTON PROPERTY INCOME LIMITED?

Their share price is currently at approximately 81p? And hasn’t breached 104p in 5 years? Alternatively they’ve purchased our shares at a massive discount?

It appears we have a loan agreement with them if they choose to use it. So I can’t understand why we would get shafted either way?

Hopefully it’s simply my lack of understanding that is easily explained *shrug*

2x limit (purchase) orders hit this morning. That’s me done until/ if we see 400p.

Some great prices to get in on though!

I’ve been looking for a good entry point for a little while and trump again helped out. Well worth skipping the dividened this year and hope to see a correction back up over the next month or 2 (fingers crossed). Or am I just buying a falling knife? I think the business is sound

GLA

I think I’d probably pick Aviva.

Though this is coming from the same person that sold MNG at 2.42 and PHNX at 5.59 for a small profit, before they both sky rocketed. So best to do the opposite of me!

It’s the stock market.

Nobody can surely say what’s going to happen. We have ex dividend coming up hopefully beginning of April, so I’ll be expecting a rise back towards this point.

Might be a little scary if we don’t get back upto the 670s by then, but if that’s the case I’ll just take the divi and reinvest it.

The company is in a solid position and really want to see what they’re able to do over the next 2 years from the Direct Line acquisition.

Has anyone heard any news on redundancies/ office closures?

I’m also wondering how they’re getting on with merging the data from the Direct Line systems (old RBS systems) to the Aviva ones, or if they’re going to continue to run separate systems which would be a shame from a data analysis PoV.

@FangKat if you happen to be going through Hanoi, I can highly recommend a restraunt for a good streak called Quinza, which overlooks the Cau Long Bien bridge.

Also a terrifying walk across the bridge after a few well deserved beverages :)

My understanding is money in your pension hasn’t been taxed, therefore tax being applied before it’s transferred to another person (other than spouse) alter your death would be logical and fair.

We all make the choice to funnel money away into our pension to take advantage of the tax advantages for our own personal gain. Or we can decide to have it in salary where it’s taxed or take it out later where it will be taxed (over the free limit).

If we have put too much money into this which then gets taxed at the end, it then goes back to how it should have been if we didn’t use the scheme.l in the first place or use one of the other options.

Alternatively, find another tax scheme to limit the tax liability…

Complaining about this scenario is like being the spoilt kid at a birthday party who doesn’t like a gift he specifically asked for.

Appears to be scaremongering to me.

If/when autonomous driving becomes the norm. Aviva among other insurers will simply adapt to cover these vehicles. If claim statistics go down as a result of autonomous driving, those insurance policies can be made cheaper for when the car is in autonomous mode.

Or the excesses can differ if the crash is when the driver is in control / in autonomous mode.

There are many levers that can be manipulated to account for this type of change and specific underwriting/ new policies set up to adjust with the change in times.

With regards to AI for insurance comparisons, this can only be a good thing, that will show up all those cheap and cheerful policies that have low defaqto ratings.

The truth is Aviva are in a great position to adapt to changes, while the cost for smaller insurers will be harder to adapt/ much riskier to insure without a trove of “real” claims data to price against.

Also don’t forget the information obtained from the DLG take over also includes a long history of claims/ underwriting criteria/costs of repair/ that can be incorporated into Avivas risk calculations and profits squeezed in all areas.

This also means that we have essentially flooded price comparison websites with multiple company names all under one roof. All of which have brand recognition.

Will this all reflect in the share price? Who knows? But if the profits continue to roll in and dividend raised accordingly then unless Amanda decides to throw all her hard work away and go on a tangent of risky manoeuvres. We should be ok ;)

Just my 2 pence.

GLA

R

Thanks Pokerchips,

Appreciate you taking the time. I hadn’t realised they had bought shares due to being described as an economic interest.

I just assumed it was being given to them as part of the deal.

I’ll go back to my cave now. Thanks for all your contributions. 🙂

R

So I’m a little confused here…

In the RNS it states;

“Following completion of the transaction, Meiji Yasuda will acquire a 5% economic interest in L&G, deepening the corporate relationship and further aligning interests.”

Does this mean they get 5% of the entire company’s profits? Which would surely be bizarre if we were simply selling part of the US entity… or simply that the US part was worth 5% of lgen profits therefore that’s what they acquire?

Can someone explain to me in layman terms?

Thanks in advance.

R

U could try something similar to this website

https://www.removepaywall.com/search?url=https://www.investorschronicle.co.uk/content/88e88589-90b0-4b9e-afd1-388288e5bf05

Sitting on cash but must admit feel rather stupid rite now as this continues to gain along with phnx and mng. Ah well. Sold out too early as usual

so my back of a *** packet calculations suggest

in your example, with av. being @ 6.22 and dlg @ 3.068

not including 5p doc as already paid

if you sold now excluding taxes and fees you’d get £11471.25

if you stayed and let it transfer and the sp didn’t change at all it would be worth

£11506.82

not much difference so depends if you thing the av. price will go higher and it want to have av. shares.

double check this though!