frog in a tree
06 Dec 2017
Overvalued? At a p/e of 32 AV looks a bit pricey. Strikes me that when the market falls, as it will, that AV could plunge heavily. Anyone with a point of view to challenge mine?F
EssentialInvestor
05 Dec 2017
Re: Added again It's Brexit negotiations that are weighing imv, until we have at least some clarity on when trade talks can commence, if at all, the share price may find it heavy going,coupled with clarity on NI.In the hopefully unlikely event the UK walks away from talks, then watch out below.Just IMV only.
Greyinvestor
05 Dec 2017
Added again I've added another decent chunk to my holding. As I surmised, short term earnings forecasts have been lowered a little, which has caused the price to drift down a bit, but in my view these shares are undervalued by quite a bit.....
IOMINVESTCOM
05 Dec 2017
Aviva: light at the end of the tunnel, says Deutsche Bank Aviva: light at the end of the tunnel, says Deutsche BankInsurer Aviva (AV) has completed its ‘heavy lifting’, according to Deutsche Bank, and there are increased payouts to come.Analyst Oliver Steel retained his ‘buy’ recommendation and increased his target price from 585p to 600p. The shares edged 1.6p higher to 508.1p yesterday.‘After years of heavy lifting, there is light at the end of the tunnel,’ he said. ‘A commitment to repaying at least £900 million of debt next year reduces leverage to near the peer group average – 31% by 2019.‘In turn, the normalisation of the leverage ratio and improved quality of earnings is enabling an uplift to the payout ratio to 55-60% by 2020, implying 10% per annum growth over 2018-2020 from a yield base that is already 0.7% above the sector.’He added that the prospects of above mid-single digit growth could see a re-rating of the shares over time ‘from a price/earnings [ratio] 23% below the sector average’.[link]
EssentialInvestor
02 Dec 2017
Re: Rigged AV. my largest holding, just ahead of TATE. However I will be looking to lighten up. Having lived through multiple stock market cycles this sectortends (in general terms) to be hit very hard.Taking a longer term buy and hold approach, then I can see the attractionsof just holding.
Simbrad
28 Jun 2016
"The UK exiting the EU has negatively impacted financial companies, including insurance firms. However, Aviva's update is an assurance to the company's fundamentally strong position, and its solvency ratio is well within the working range. The company boasts of a solid balance sheet, with low sensitivity to market stress, and has tripled the economic capital surplus over the past four years. As per Aviva's preliminary results, it had a solvency II ratio of 180% and surplus of £9.7bn. The company would continue to monitor the effects of Brexit. Overall, Aviva is well placed in both financial and operational aspects to deliver long-term growth.." Beaufort note out earlier today on Research Tree
Battenhall
12 May 2015
i think Aviva simply rode up on the momentum of post-election results last week. Normality has returned and uncertainty around Greece will dog us until the markets can either see a positive outcome for them or the markets can quantify the impact on Aviva exposure. With hindsight i should have sold but i generally tend to hold long term these days.
