Fred1new
- 27 Apr 2007 17:13
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
spitfire43
- 23 Oct 2008 13:42
- 8 of 407
The sp has fallen of the edge of a cliff these last few weeks, now down to below 250p. With such a large fall I would have hoped to have seen a statement from them, I know we have a trading statement out on tuesday, but I would still expect some comments.
Released today Panmure Gordon has a buy for Aviva (LSE: AV.L - news) , cutting target to 650p from 751p. So lets hope for a positive trading update on Tuesday to stop the rot.
HARRYCAT
- 23 Oct 2008 14:16
- 9 of 407
LONDON, Oct 21 (Reuters) - Hundreds of thousands of pension savers and life bond holders with Friends Provident and Aviva unit Norwich Union face hefty charges if they wish to leave their funds early, reports the Financial Times.
The paper said some of the charges could reduce the value of people's policies by up to 22 percent.
The two companies, along with a number of other big insurers, removed the charges, known as market value reductions (MVRs), more than a year ago when investment conditions across the funds were more stable, but now they are reinstating them, reports the paper.
John Lister, chief actuary at Norwich Union, said in a statement Tuesday: 'Since the beginning of the year we have seen equity markets, commercial property and corporate bonds fall significantly in value.
'As a result we have reviewed the situation and have decided to introduce MVRs for policyholders who have unitised with-profits policies and who wish to make a partial or total withdrawal.'
I also know that employees of N.U. have ben told that they must increase their current pension contributions by x2.
mitzy
- 23 Oct 2008 14:47
- 10 of 407
sell to 150p.
HARRYCAT
- 23 Oct 2008 14:54
- 11 of 407
Just as a matter of interest, why 200p (or even 150)?
Sp hasn't been that low in the last 10 years.
mitzy
- 23 Oct 2008 14:55
- 12 of 407
I changed it Harry from 200p to 150p just market sentiment thats all.
mitzy
- 27 Oct 2008 11:57
- 13 of 407
Hit hard again today when will it ever end..?
geordieguy
- 27 Oct 2008 12:01
- 14 of 407
when conservatives win election.
expect next 10 years to be awful anyway.......maybe next 20 years even!!!
mitzy
- 27 Oct 2008 12:09
- 15 of 407
I agree the next 10 years are going to be awful whoever gets in.
HARRYCAT
- 27 Oct 2008 12:48
- 16 of 407
Trading statement tomorrow?
spitfire43
- 27 Oct 2008 18:14
- 17 of 407
Yes Harrycat, if I was a brave investor I would have brought today before trading statement, but better play safe and read the update first.
spitfire43
- 28 Oct 2008 08:39
- 18 of 407
Topped up this morning after reading trading update, which was ahead of forecast, also saw a good interview last night on Sky with Andrew Moss whichgave me some confidence.
spitfire43
- 29 Oct 2008 10:13
- 19 of 407
AV. the leading gainer today up to 304p which is 17%, hopefully after digesting the 3rd quarter trading update, the conclusion will be that negative sentiment has been overdone. I noted that AV. said they have 1.3bn of capital reserves and that another 20% fall in stockmarkets would reduce this by 400m.
And when Andrew Moss was interviewed he said that sales had been very strong in August and stronger again in September. It's the first time I have seen him interviewed, and he came across as very level headed and a safe pair of hands.
spitfire43
- 29 Oct 2008 17:59
- 20 of 407
Finished up 25% today, not bad............
If you think about it, it's only in the last 4 to 6 weeks that a major company with such a large one day movement is accepted as normal. Well nearly normal.
spitfire43
- 29 Oct 2008 18:33
- 21 of 407
Good to see the directors buying today at 275p, this was the first opportunity to buy after the closed period.
spitfire43
- 13 Nov 2008 19:04
- 22 of 407
Looking at where the sp has settled now, we are still in the bear channel from February 2007. Would need to see a break out over 560p before we could look at a new trend. The spike down below 250p is by far the largest spike seen in 10 years either way, it could have been a Kangaroo tail which could signal that a lack of volume to support the sp. But sometimes these can mark a change in sentiment.
But in conclusion I think we will stay in the bear channel for another 3 to 4 months, before the huge financial stimulus across the developed world starts to feed through.
With the sp down to 330p today we are just below the lower bear channel at 350p, so we should know soon if we are still in this channel.
goldfinger
- 17 Dec 2008 08:34
- 23 of 407
Bought a few of these myself this morning, chart looks pretty good with a reasonable breakout from what looks a base.
goldfinger
- 17 Dec 2008 08:38
- 24 of 407
Broker BUY forecasts out yesterday...
Aviva PLC
FORECASTS
2008 2009
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
WestLB
16-12-08 BUY 33.00 34.65
SG Securities [D]
16-12-08 BUY 40.56 36.31 73.68 39.57
HARRYCAT
- 21 Jan 2009 09:23
- 25 of 407
Current sp 282p. Nearing it's 1 year low, with up-side to 400p lately. Well defined resistance level, support level slightly more tenuous.
skinny
- 04 Feb 2009 07:33
- 26 of 407
Plenty to plough through here.
Sorry don't have the time this morning to post individual links.
spitfire43
- 04 Feb 2009 08:35
- 27 of 407
See summary of trading update below...........
Insurance giant Aviva stated today that capital and liquidity remains strong and it will maintain its dividend policy. The group reported global long term savings sales up 1% to 40.3bn, or down 7% in local currency terms.
Life and pensions sales were up 11% to 36.3 billion (up 2% on local currency basis), with sales figures reported on Market Consistent Embedded Value (MCEV) basis for the first time.
Aviva reported its highest ever UK life and pensions sales at 11.9bn, while in Europe life and pension sales were up 8% to 17bn, buoyed by the strength of the euro (down 7% on local currency basis).
In North America the group's target to double sales in three years achieved a year ahead of plan, up 57% (up 45% on local currency basis).
For the Asia Pacific region, life and pension sales were up 8% (down 1% on local currency basis), led by 66% growth in China (up 40% on local currency basis).
Aviva said its capital and liquidity position remains strong, with an estimated 2bn IGD surplus as at 31st December 2008.
The group dividend policy remains unchanged.
Andrew Moss, Aviva's CEO, commented: 'In a year of unprecedented turbulence, our sales have continued to grow. Operating across 27 markets with a range of products and varied distribution has served us well and has brought us an additional real benefit from currency appreciation.
'Growth in developing economies such as Asia and central and eastern Europe has offset difficult conditions in more mature markets such as Ireland and Italy.
'Our capital position remains strong and Aviva continues to be attractive to customers seeking security for their long-term savings.
'Our priorities are to maintain our financial strength and continue to transform Aviva for the benefit of customers and shareholders'