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

AVIVA'S DIGITAL JV IN HONG KONG RECEIVES APPROVAL

Aviva plc ("Aviva"), Hillhouse Capital Group ("Hillhouse") and Tencent Holdings Limited ("Tencent") have completed the transaction to develop a digital insurance joint venture in Hong Kong.

The joint venture has been approved by the Hong Kong Insurance Authority and is expected to start operating under its new corporate structure during the first half of 2018.

Aviva, Hillhouse and Tencent announced in 2017 their agreement to develop an insurance joint venture in Hong Kong, by which Hillhouse and Tencent have acquired a combined 60% shareholding in Aviva Life Insurance Company Limited ("Aviva Hong Kong").

I bought some a couple of days ago at 490.6 and if the FTSE collapses again I think I'll buy some more.

Decent dividend and I assume a share buy-back on the way

Agreed CC - link copied MIDAS SHARE TIPS: Three havens to shield you from stock market turmoil - gold, oil and a top insurer

Final Results - Part 1 of 4

Profit

· Operating EPS1,2 up 7% to 54.8 pence (2016: 51.1 pence)

· Operating profit3 up 2% to £3,068 million (2016: £3,010 million)

· Operating profit from eight major markets excluding divestments up 6% to £3,508 million (2016: £3,300 million)

· IFRS profit after tax £1,646 million (2016: £859 million)

Dividend

· 2017 total dividend per share up 18% to 27.4 pence (2016: 23.3 pence)

· Dividend payout ratio 50%, 2017 target delivered

Capital

· Solvency II capital surplus £12.2 billion (2016: £11.3 billion)

· Solvency II cover ratio1,4 198% (2016: 189%)

· Operating capital generation1 £2.6 billion (2016: £3.5 billion)

· IFRS net asset value per share1 423 pence per share (2016: 414 pence)

Cash

· Cash remittances1 up 33% to £2,398 million (2016: £1,805 million)

· Group centre liquidity £2.0 billion (2016: £1.8 billion)

Growth

· General insurance net written premiums up 11% to £9,141 million (2016: £8,211 million)

· Value of new business1 up 25% to £1,243 million (2016: £992 million)

· Aviva Investors fund management revenue up 14% to £577 million (2016: £506 million)

· Total group assets under management1 (AUM) up 9% to £490 billion (2016: £450 billion)

Combined ratio

· General insurance combined operating ratio1 96.6% (2016: 94.2%5)

1 This is an Alternative Performance Measure (APM) which provides useful information to enhance the understanding of financial performance. Further details of this measure are included in the 'Other information' section of the Analyst Pack.

2 This measure is derived from the Group adjusted operating profit APM. Further details of this measure are included in the 'Other information' section of the Analyst Pack.

3 Group adjusted operating profit is a non-GAAP Alternative Performance Measure (APM) which is not bound by the requirements of IFRS.

4 The estimated Solvency II position represents the shareholder view. This excludes the contribution to Group Solvency Capital Requirement (SCR) and Group Own Funds of fully ring fenced with-profits funds of £3.3 billion (2016: £2.9 billion) and staff pension schemes in surplus of £1.5 billion (2016: £1.1 billion). These exclusions have no impact on Solvency II surplus. The estimated Solvency II position includes the pro forma impacts of the disposals of Friends Provident International Limited (£0.1 billion increase to surplus) and the Italian Avipop Assicurazioni S.p.A (£0.1 billion increase to surplus). The 31 December 2016 Solvency II position included pro forma adjustments for the impact of the announced disposal of Antarius and the future impact of changes to UK tax rules announced by the Chancellor of the Exchequer's Autumn statement, which was removed following clarification in the 13 July 2017 Finance Bill. The 31 December 2016 Solvency II position also includes an adverse impact of a notional reset of the transitional provisions (TMTP) to reflect interest rates at 31 December 2016 £0.4 billion decrease to surplus.

5 2016 excludes the impact of the change in the Ogden discount rate of £475 million, which was recognised as an exceptional adjusting item. 2016 also excludes the impact from an outward quota share reinsurance agreement written in 2015 and completed in 2016 in Aviva Insurance Limited (AIL).


more.....

Earlier today I was happy to sell mine at 530. Having looked at the speed it is rising today I'm interested to see what will happen when it gets to 530/540.

I'm now inclined to wait see if it will go through. Not sure. Might change my mind

It has a nice dividend and hopefully a TP of 630+p.

Think it is a hold for a while.

It has a nice dividend and hopefully a TP of 630+p.

Think it is a hold for a while.

Topped up a few days ago and the div will be very nice.
Along with DLG.

Link copied :- Aviva’s board must explain themselves

Not a subscriber any chance of a brief synopsis skinny.

It's free to sign up to a limited number of articles per week- let me know when you've read it and I'll delete it.

"Sir, Individual shareholders are deeply upset and appalled at the reckless and cavalier announcements by Aviva about the possible repayment of irredeemable preference shares (200m issued by Aviva and 250m by General Accident). Not only did the Aviva preference share price drop from 170p to 120p, but the whole asset class suffered a 25 per cent fall as a consequence of the announcement.

To suggest that it is acceptable to use an obscure loophole to repay irredeemable high-coupon securities at or near their par value is highly immoral, and to make such an announcement in the full knowledge of the likely market impact is completely irresponsible.

The news that the Financial Conduct Authority is investigating is welcome. But the issue is wider. The board of Aviva need to explain themselves. A parliamentary select committee should investigate. This type of behaviour should not be allowed to sully the high esteem in which most of our UK institutions are held.

It is the clearly established principles that are the foundations of the wonderful reputation of the London Stock Exchange. They make it pre-eminent in the world. Investors and shareholders need to feel that they can sleep at night safe in the knowledge that their rights will not be stolen for the convenience of others. Both institutional and individual investors need to shun institutions that are prepared to behave in such a disingenuous manner."

Thanks skinny.

I got to the bit about the wonderful reputation of the LSE and fell off my chair laughing. Just as well I'm insured with BUPA and not Aviva.

STATEMENT ON PREFERENCE SHARES

Statement on Aviva plc and General Accident plc preference shares

Since the full year results announcement on 8 March 2018, Aviva plc ("Aviva") has heard a wide range of views on its preference shares*, has spoken to a large number of investors and has received strong feedback and criticism.



As a result Aviva has listened. Aviva announces that it has decided to take no action to cancel its preference shares.

Under current regulation the preference shares will no longer count as regulatory capital in 2026. Aviva will work towards obtaining regulatory approval for the preference shares, or a suitable substitute, to qualify as capital from 2026 onwards. If as we approach 2026 Aviva needs to reconsider this position, it will do so after taking into account the fair market value of the preference shares at that time.

On 8 March 2018 Aviva stated it has the ability to cancel the preference shares at par value, having received clear legal advice. The review of the preference shares was initiated as a result of Aviva's duty to examine what is right for the business, balancing the interests of ordinary shareholders and preference shareholders. Aviva needed to address the issue of the preference shares given regulatory capital considerations and their cost.

Aviva is in a strong financial position and still plans to deploy £3 billion of excess cash in 2018 and 2019 to reduce hybrid debt, fund bolt-on acquisitions and buy back ordinary shares.

Mark Wilson, Group Chief Executive Officer of Aviva plc, said:

"I am very aware that Aviva is in a position of trust with our customers and investors. To maintain that trust it is critical that we listen to and act on feedback. The reputation of Aviva, and the trust people have in us, is paramount. Our announcement today means that preference shareholders can rest secure in their holdings.

The Board and I have a duty to consider not just the financial implications of our actions. We must consider the impact to Aviva's wider reputation. I hope our decision today goes some way to restoring that trust."

*Preference shares issued by Aviva plc and General Accident plc

-ends-

I for one shall be voting against any of this board's re-election

The market disruption this ill thought out 'airing' caused is totally immoral on those who have taken a huge loss as a result

And I am talking as an Av. shareholder (and non-holder of pref stock until they jumped in with both feet)

I'm both - AV. and GACA and I won't be renewing my car or travel insurance with them
and will tell them in no uncertain terms why.

Rec'd a response ex the Board - basically just refers to the RNS

Will still be voting against their re-election - Leopards do not change their spots, do they?

Ex-Divi tomorrow 19p

Well considering how much FTSE rose yesterday I can't say I'm that excited about AV.

We are now at an equivalent price of 508 which isn't really doing it for me.

Can't get my head round their handing of the pref. shares thing. Where on earth did they get the idea the pref holders would just accept it especially since many of them would hold ordinaries as well

If I can get the equivalent of about 520 in old money I'm out.

Ok , what to do with this. I'm in a quandary - any views appreciated.

I'm long from 494p inc. stamp duty and costs and with the dividend we are at the equivalent of 535p.

I was going to sell already after the pref issue debacle but for whatever reason AV. seems strong although FTSE is going in the right direction too.

From a fundamental point of view I think the share price is beaten up and I'm happy to hold but it's been beaten up for so long I'm not sure why that should change right now, other than I have a whole raft of beaten up stocks in my portfolio and on my watchlist and they do seem to be starting to feel like there's more buying interest. Support seems to kick in faster.

From a chart point of view I like the way the 200MA is going to continue down while the share price is currently above it. At some point provided the share price doesn't return to sub 500 the MA's are going to cross. This would entice me to stay in at least for a while to see what happens.

At the moment there is nothing particularly I'd rather invest in. Nothing is enticing me enough to cover the costs of selling this and buying something else.

Any thoughts?