Member Info for Spikeyj

teasing again.

india now tidied up on the balance sheet, vodafone still in with a chance in the high growth market india, though still a big gamble there as too many players (i wish they had ipo'd), the losers in india will get nothing. voda's uk interests poorly performing still, but these days a fairly *small* part of the company. useful focus on EU biz, good if you fancy further recovery in northern european markets, which are perhaps more attractively priced now relative to us stocks now the trump reflationary trades are sagging. decent chance that liberty and vodaf will finally agree a price for liberty to buy up the uk interests in exchange for voda getting even more in germany. (i'm unsure what weight is being given by the market to vodafone's other emerging market stakes - seem good technically, but unsure how big)

a sliver today, but still remaining long.

Aviva plc (Aviva) announces that it will commence a share buy-back of Aviva's ordinary shares for up to a maximum consideration of £300 million. Aviva has entered into a non-discretionary agreement with Morgan Stanley to enable the purchase of Aviva ordinary shares by Morgan Stanley, acting as principal, during the period running from 25 May 2017 and ending no later than 15 December 2017, for an aggregate purchase price of up to £300 million. Shares acquired by Morgan Stanley under the agreement will be simultaneously on-sold to Aviva. To the extent permitted by law, such ordinary shares purchased will be cancelled.

mcap zero, but just feel all that potential.

be one of the best boards on lse.

i'm looking for about 2.60, xmas would be nice, easter would do.

it is tempting to buy back in, that discount is pretty high. ... there is a weight of pretty disgruntled stale bull woodie fans who bought & held from IPO holding down share price at this stage. perhaps an opp? he's not done his reputation any favours so far with this one, has he.

"SGH could very well now be b.s. ked into a corner" grumpy, i was intrigued until i saw the typo correction about what hideous bad language you were trying to smuggle past lse admin. my wtg bet is not looking too good currently, but i'm content enough to hold. i think the aussie lawyers are a bit too desperate to find someone else to blame. ... i'm not too surprised that indro has set things up to break up the group and sell off /wind down. that seem a decent strategy, now just need to see the scrap prices. .. but i confess, I was a bit (!) surprised at the level of indro's "compensation", pretty darn generous (!!), lol. nice work if you can get it, eh.

dividend, easy come, easy go. my nice fat divi not been reinvested as i've blown most of it today on yet another scuba-diving hol. (not that i lack faith in aviva, i remain still well long on a one/two year view, just i want to see more turtles/octupi etc.)

"Asia was main contributor of new business, with new business profit up 45% to £561m, or 26% underlying. In the US, $1.3bn of positive net flows and market movements lifted assets 5% to $157bn. Pru's Jackson business is felt to be in the prime position to benefit from US regulatory developments, representing a "significant opportunity to access new asset pools" including the $2trn variable annuity market and the wider adviser distributed market where it sees an additional $14trn as yet been unpenetrated by variable annuities. In the UK life business, sales were up 33% and assets under management up 11% to £27.5bn as gains were made in the retirement savings market. Net inflows of £3.6bn at the M&G asset management arm lifted AUM 5% to £144bn. Markets seemed reassured, with the afternoon announcement lifting shares in Prudential from their earlier negative to a slight 0.3% gain at 1,736.5p in late trading on Wednesday, not far from recent all-time highs." sharecast

is "rope race" a climbing term?

10p uplift in the exane sp target. bah, humbug.

Prudential also published data showing its capital strength without the benefit of so-called transitional measures, following new disclosure requirements under European Union capital rules. Bernstein analysts said the impact on Prudential's solvency capital ratio, showing a 68-percentage-point drop to 103 percent, was "reasonably-sized". Under the rules, a ratio of 100 percent shows insurers have sufficient capital to cope with underwriting, operational and investment risk. Transitional measures remain in place, however, for up to a further 15 years. Other major UK life insurers are due to disclose further solvency figures on Friday.

Prudential also published data showing its capital strength without the benefit of so-called transitional measures, following new disclosure requirements under European Union capital rules. Bernstein analysts said the impact on Prudential's solvency capital ratio, showing a 68-percentage-point drop to 103 percent, was "reasonably-sized". Under the rules, a ratio of 100 percent shows insurers have sufficient capital to cope with underwriting, operational and investment risk. Transitional measures remain in place, however, for up to a further 15 years. Other major UK life insurers are due to disclose further solvency figures on Friday.

some of my glaxo holding to add to my prudential.

- still confident about that 2.20 ceiling during 2017?

satisfying. trimmed about a third of my trade position circa 2.19, but i stlll remain long overall including longer term investment holding. (waiting for liberty & vida to reach agreement.)

mr market appears to disagree with dancy.

very nice to see that big figure.