I hold these stock.

DYOH (do your own homework.)

To-day there was a slight drop in price, but number of analysts are giving favourable reports.

What triggered my interest was better than expected results and if I am right looking at charts it shows an inverted head and shoulders. Hopefully a good sign. Also the current rate of Share price growth is about 90% pa over the last 5weeks. This is unlikely to continue indefinitely but SP could hit 850p over next few weeks.

To-day at close, there were some large buys of about 5million shares. 40million approx.

Another trigger for me was the following which should increase earnings.

Aviva to form JV in Taiwan with First FinancialAFX
LONDON (Thomson Financial) - Aviva PLC, the UK's largest insurer, said it has entered into a joint venture with First Financial Holding Co Ltd to sell insurance and pension products in Taiwan. The joint venture company, First-Aviva, will distribute long-term savings and pension products in Taiwan through an exclusive agreement with First Financial's flagship unit, First Commercial Bank. Aviva, which will have a 49 pct stake in the joint venture, added that the initial paid up capital of the new company will be 34 mln stg.First Commercial Bank is Taiwan's second largest bank network, with five mln retail customers, it added.TFN.newsdesk@thomson.comkkb/faj/slm




Date: Wednesday 25 Apr 2007
LONDON (ShareCast) - If the message gets home that Aviva will not bid for Prudential, the stock should rebound strongly, especially if Aviva can sustain its current impressive performance. There is still work to be done but, at 794.5p, the shares are a strong buy says the Independent.
Date: Tuesday 24 Apr 2007
LONDON (ShareCast) - Aviva stood out among the risers on a tough day for blue chip stocks. The life insurer posted an upbeat first quarter statement with brokers pleased with the numbers.



DYOH

Been out all day, pleasantly surprised to arrive home and see the closing price not too far adrift.

same here. thought it would be a bigger drop...still might happen...we'll see!

A little night time reading:

http://blogs.desmoinesregister.com/dmr/index.php/2012/08/09/aviva-greases-skids-for-sale-of-us-operations/

sorry link is inactive, just c&p into the address bar.

Aviva was the fifth-most popular purchase by TD Direct Investing's private clients this morning. And for once, there was firm news: the publication of half-yearly results, which saw the dividend maintained at 10p per share, placing the stock on a yield of 8%.

You can get the scoop here, but for me -- given the opportunity that incoming chairman and interim CEO John McFarlane has had to''kitchen sink' bad news -- Aviva is starting to look like a share where the doomsayers were mistaken. And certainly, with a strong record of share purchases in the run-up to today's results, a lot of investors will be breathing a sigh of relief.

Will they yet be disappointed? Time will tell.

Copied from elsewhere: - Aviva Management Discusses H1 2012 Results - Earnings Call Transcript

300. 330 (changed on edit.) has proven to be a step too far over the last week.

skinny

"300 has proven to be a step too far over the last week"

300 no problem but 330 seems to be giving some resistance right now, but I reckon it has to be expected after such a good run up.

Yes sorry - I meant 330 hence posting the chart!

And now corrected:-)

skinny, I realised it was a typo but couldn't let it go without comment LOL.

Appears to have now broken through the 330 resistance :-)

Yes - excellent daily candle atm.

Insurer Aviva may cut 800 UK jobs to cut costs - reports

Fri Aug 24, 2012 2:47am BST
(Reuters) - Britain's No. 2 insurer Aviva PLC (AV.L) may cut as many as 800 jobs at its UK business in a cost-cutting drive, media reported.

The job losses will be spread across the UK businesses and will come by the end of the year, the Guardian newspaper reported on its website, citing an internal email sent to staff.

DeutscheBank note out today:
"Aviva’s share price has lifted >40% since its June lows. Though much of this has been driven by the improved macro backdrop, it also reflects greater confidence in Aviva itself following the unveiling of the new management strategy in July. We remain strongly supportive of the group’s plans; however, even if these are delivered in full (which for the cost savings won’t be clear before 2014), the narrowing PE discount to the sector now leaves little room for disappointment. On valuation grounds, therefore, we downgrade to Hold.
Irrespective of our downgrade, we acknowledge a clear benefit to Aviva from the recent more upbeat mood in the Eurozone. From 140% in June, economic solvency now looks set to end 2012 above 150%e, helped mainly by lower sovereign and corporate bond spreads. Moreover, downside risk looks more contained and prospects of delivery on the disposal programme should have improved. However, little of this feeds through into earnings. Indeed, we have cut our EPS forecasts (by 3% for 2014e), mainly reflecting lower reinvestment rates at the short end.
Our forecasts build in full delivery of management’s £400m targeted cost savings by 2014e, partially offset by dilution of 10%e from disposals and derisking. Based on this ‘look-through’ forecast, the shares now trade at 7.5x 2014e earnings (xd adjusted), a 5% discount to the sector vs 20% in June, and close to the PE’s of better capitalised composites such as Allianz (Buy, €96.52) and Zurich (Hold, CHF 242.9). On a relative basis, this looks high enough. Even if management were to successfully deliver on the restructuring plans, Aviva’s capital and leverage ratios would still be less good than most peers, with lower than average exposure to growth markets. We do not, therefore, believe that a PE premium would be deserved.
Valuation and risks
We lift our SOTP-based price target by 1% to 375p (on an xd basis), with the benefit from improved solvency partly offset by lower EPS forecasts. Key upside / downside risks are investment market sensitivity, and a better / worse outcome than assumed on the restructuring programme.

I have an optimistic limit order in for a few more of these today - ex dividend tomorrow 10p.

The gap @360 from March has proven a gap too far!

Now beginning to look like Terry Thomas.

Aviva, CIMB seek binding bids to sell Malaysia insurance JV - sources

Tue Sep 25, 2012 8:50am BST

(Reuters) - Aviva plc (AV.L) and Malaysian bank CIMB Group Bhd (CIMB.KL) have set an October 29 deadline for shortlisted suitors to place binding bids to buy their Malaysian insurance joint venture, in a deal worth at least $500 million (307.97 million pounds), sources said.

AIA to buy Aviva's Sri Lankan unit in $109 million deal

HONG KONG | Thu Sep 27, 2012 5:44am BST

(Reuters) - AIA Group Ltd (1299.HK) has agreed to buy British insurer Aviva's (AV.L) 92.3 percent stake in Sri Lankan insurer Aviva NDB Insurance AVIV.CM, AIA said in a statement on Thursday, making it the Asian insurer's first acquisition since its initial public offering two years ago.

AIA will pay a net $109 million (67.3 million pounds) for the deal, which includes a 20-year exclusive bancassurance agreement with Sri Lanka's National Development Bank.

Shares of AIA were up 1.24 percent at 28.60 at midday on the Hong Kong Stock Exchange.

Interim Management Statement

Aviva plc today announced its Q3 Interim Management Statement where the operating profit trend is broadly in line with the half year.

More importantly, I am pleased to report that we have taken, and are continuing to take, firm and decisive actions to transform Aviva. The key priorities remain:

n To appoint a high quality CEO

n To build the company's capital and financial strength, reducing also the risk and volatility of the balance sheet and income statement

n To narrow focus on attractive core businesses and dispose intelligently of non-core segments

n To improve earnings performance and return on equity with the aim of broadly replacing, by 2014, the earnings lost as a result of disposals with new earnings streams

Insurer Aviva names AIA ex-boss Wilson as new CEO

LONDON | Tue Nov 20, 2012 1:05pm GMT
(Reuters) - Aviva (AV.L), Britain's second-biggest insurer, on Tuesday named Mark Wilson, the former head of Asian rival AIA (1299.HK), as its new chief executive.

Wilson will take over the top job at Aviva on January 1, the insurer said in a statement. He succeeds Andrew Moss, who quit in May amid shareholder discontent over the company's weak share price performance.

A couple of gaps to fill.

Looking to fill the gap.