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

Results looked strong with company in a stong position to come through recession stronger, yet the market thinks different with price down to 338p. The only negative was the loss before tax of 800m odd, which is fair enough when you look at there conservative approach to the balance sheet.

Maybe something else lurks unseen in the report that we are unaware of ?

At 238p it looks tempting, if the market has over-reacted.............IF.......

Well my target of 150p is coming into view there must be other losses they have not mentioned.

Dont buy they have further to fall wait before the next buy signal.

Think you are right mitzy, analysts don't like the way av. have reported results.

see below

Some analysts reacted angrily to the way that Aviva reported today's results, noting that the strengthening of the reserves was booked as an exceptional item and so excluded from operating profits or tests of its capital efficiency.

One said: "The reporting of this company is shameless. Very shoddy."

Ex-divi date is 25th March '09. Probably worth having, particularly at this price (currently 197p)

Aye spitfire why are they keeping the dividend it makes no sense they should cut it to zero.

I'm not surprised investors are selling the Directors are shameless.

Aviva was oversold yesterday...bought in at 201p now

Its no good trying they are only worth 150p.

From t1ps.com
"I (EK) sold Aviva (AV.) yesterday at 190p and nicked it back at 169p this morning. I'm inclined to think that the market is going to do to the insurers what it did and is doing to the banks. Thus, although Aviva looks cheap, one would be well advised to stand back."

Clearly good advice in the current market this is another RBS mark2.

B***s

Aviva reported its losses by using market consistent embedded value (MCEV) accounting principles. Aviva are the first to use this standard which is planned to become the bench mark used by all insurance companies, maybe this is what the analysts dislike.

The problem with large insurance companies is trying to understand the accounts, which took me ages to read through yesterday morning and still it was confusing. The banks are the same, I need a new rule. Only invest in companies when I fully understand the balance sheets. In other words medium to small caps.

Plenty of weakness in these again today...they could fall to 40p imo.

Mitzy, your opinion was that these would fall, yet they seem to be rallying with no news. Any ideas why? i wish I'd gone in at 164p and made a bit.

there is a short covering buying back operation going on here from having sold out higher in recent weeks--I therefore see the shares falling back again and would prefer to see some stability before being tempted to buy in view of the many uncertainties surrounding this company at present particularly regarding their annuities book--remember what happened to Equitable Life!!

Ex-divi date 25th March, 19.91p. Many may think this is worth having in todays market. Don't think I will want to be holding after that date.

What do you mean no news?

ING Canada is considering a bid on it.

Where do you get that from?

Sp 235p currently.
Ex div 25th March. Suspect this may get severely trimmed back from that date.

I hear that the market makers have marked the shares sharply higher to sell the stock they bought in at lower levels when the shorting was going on--be careful as these shares could easley be marked down at a stroke!!