tejo
08 Mar 2018
Dividend I suspect that the reason for the fall in sp was that the dividend was not quite as much as had been expected and L and G had similar initial reaction to their good results, Aviva going well and is a firm buy for patient investor.
IOMINVESTCOM
08 Mar 2018
Re: Jack W: Results "Disappointments are few and far between, although committed bears may point to a slightly softer General Insurance operating profit, an uptick in operating expenses and a 'disappointing' contribution from Canada," said Richard Hunter, head of markets at Interactive Investor,
idontwanttolose
08 Mar 2018
Jack W: Results Set to buy @ 491pas always dyor
IOMINVESTCOM
08 Mar 2018
Re: Results LONDON (Alliance News) - Aviva PLC hiked its dividend and said it planned further shareholder returns Thursday after reporting profit expanded significantly on the back of written premiums growth despite its combined ratio weakening slightly during the year.In 2017, pretax profit widened by a third to GBP2.4 billion from GBP1.8 billion the year prior. Gross written premiums advanced 8.5% to GBP27.61 billion from GBP25.44 billion the year before. Net earned premiums also advanced 10% to GBP25.22 billion from GBP22.87 billion.Aviva reported its combined ratio weakened to 96.6% from 94.2%. A figure below 100% shows the FTSE 100-listed insurer was making a profit from its underwriting.Its Solvency II cover ratio, however, rose to 198% from 189% the year prior. This is after its capital surplus grew to GBP12.2 billion from GBP11.3 billion the year before.Aviva hiked its final dividend 20% to 19.00 pence per share from 15.88p the year prior. For the full year, its dividend was improved 18% to 27.40p from 23.30p the year before."In 2017, Aviva delivered growth in profits, in dividends, in capital and in cash," Aviva Chief Executive Officer Mark Wilson said. "Aviva grew operating earnings per share by 7% and our full year dividend by 18%, the fourth consecutive year of double-digit dividend growth.""Our largest market, the UK, has gone from strength to strength, growing sales, market share and profit. For Aviva, the UK is a dependable and growing business," Wilson added. "Aviva has broad-based growth, with six of our eight major markets delivering double-digit profit improvement. We now have a collection of strong and growing businesses.""This year," Wilson continued, "we expect to deploy GBP2 billion of excess cash, including GBP900 million in debt reduction, in excess of GBP500 million of capital returns to shareholders and about GBP600 million for bolt-on acquisitions."In particular, Wilson explained the company was looking to target expensive hybrid debt in its debt reduction plan. Of the GBP600 million to be spent on acquisitions, GBP130 million has already been allocated to its Friends First acquisition in Ireland.Capital returns will be delivered either through buybacks, special dividends or liability management."We continue to invest in our businesses and in particular on priorities such as digital to make our products and services easier for our customers," Wilson continued. "Aviva is now a simpler, stronger group and we are growing. Our strategy is paying dividends."Aviva share were down 2.5% at 494.75 pence at the open on Thursday.Ahren Lester; [email protected].
Jack_Walsh
08 Mar 2018
Re: Results Not very well received, as it turns out.There's your £5.00 entry point!
idontwanttolose
08 Mar 2018
Re: Results Next time they drop below £5 I will add to my existing stock.It looks to me as if they are going in the right directionBut as always DYOR
Jack_Walsh
08 Mar 2018
Re: Results Agreed.The numbers look to be slightly above analysts expectations.The language in the report is also very positive.Certainly worth holding.
Greyinvestor
08 Mar 2018
Results I'm happy with the results today. I'm a big holder of these shares.EPS +7% - goodEPS of 54.8p, ahead of forecastsOp Profit plus 2% - mediocreDividend + 18% to 27.4p, final divi 19p v 15.88pIFRS NAV 423p v 414p - goodGeneral insurance down a bit due to OgdenHoping for 5% plus growth in future. Buy backs are helping.This seems like a sensible value and divi stock to me. I'm a happy holder.A strong Hold for me.
nk1999
04 Mar 2018
Weekend Press "Aviva Boss Mark Wilson to lift divithanks to £2 billion cash pile: Aviva isexpected to ramp up its dividend this weekas part of a three-point plan to splash out anestimated £2 billion in surplus capital.Analysts believe Britain’s largest insurer willuse about £900 million to pay down debt,with another £500 million earmarked forspending on bolt-on acquisitions. Thebalance, about £600 million, could be usedfor some sort of capital return. Analysts saidthis could take the form of a specialdividend, an increase in the regular dividendor a share buyback."
JohnyCash
04 Mar 2018
Aviva Investors to locate in Edinburgh Aviva hunts for new Edinburgh home for star hire CummingLucy Burton, Financial services editor 3 March 2018 • 7:15pmAviva is preparing to set up a new team of top fund managers in Edinburgh, hundreds of miles away from its London base, after poaching superstar investor David Cumming.Sources said that Aviva Investors, which manages around £352bn worth of assets on behalf of Britain’s biggest insurance company, is on the hunt for office space in Scotland’s capital in a move that will see Standard Life’s former funds guru relocate from the City.Mr Cumming became Aviva’s chief investment officer in January, ending months of speculation over which asset manager he might join after leaving Standard Life.The FTSE 100 company’s decision to expand into Standard Life Aberdeen’s back yard comes at a sensitive time for its rival. Last month, the fund manager lost a £109bn contract with Lloyds TSB and is in the middle of a drive to shift its business model from insurance towards asset management.Mr Cumming’s exit was a major blow for the company and came just after the £11bn tie-up of Standard Life and Aberdeen was unveiled last March.Cumming’s arrival at Aviva reunited him with former Standard Life colleague Euan Munro, the chief executive of Aviva Investors, who, like Mr Cumming, had spent 17 years at Standard Life. Mr Munro is not expected to relocate to the Scottish city.It is not known how many people will be based in Aviva’s new office, but there will be concerns that it could attract talent from big competitors.Aviva’s offices in Scotland currently include one in Perth and another in Bishopbriggs, just outside of Glasgow.[link]
IOMINVESTCOM
14 Feb 2018
Re: Aviva upgraded to buy at Goldman GOLDMAN RAISES AVIVA TO 'BUY' ('NEUTRAL') - PRICE TARGET 590 (525) PENCE
IOMINVESTCOM
14 Feb 2018
Aviva upgraded to buy at Goldman Aviva upgraded to buy at Goldman
Radaking
13 Feb 2018
Re: JPMORGAN RAISES AVIVA PRICE TARGET TO 63... Hope so,the last 4-5years we are almost exactly where we where.What worries me is theres a lot of positive sentiment around and most of these brokers are usually wrong.Roll on 8th March
IOMINVESTCOM
12 Feb 2018
JPMORGAN RAISES AVIVA PRICE TARGET TO 636 (623) PENCE - 'OVERWEIGHT JPMORGAN RAISES AVIVA PRICE TARGET TO 636 (623) PENCE - 'OVERWEIGHT
IOMINVESTCOM
12 Feb 2018
MIDAS SHARE TIPS UPDATE Over in the Mail on Sunday, Joanne Hart spent her 'Midas' column looking at investments she believes could help shield readers from the kind of rollercoaster rides seen on the stock market last week.She noted that the volatility could be put down to solid economic growth in many parts of the word, leading to fears that interest rates could soon rise.That spells bad news for equities, as higher interest rates make it more expensive for boards to make borrowing decisions, and leading investors to stray towards the improving yields of bonds.Hart's top pick of her 'shield' investments is insurance giant Aviva, which has experienced a successful turnaround since Kiwi group chief executive Mark Wilson took the ropes in 2013.In November, Wilson signalled that dividends would now be higher than analysts were expecting, thanks to faster growth and a £3bn surplus cash pile.The company's results are due next month, with a dividend of 26p anticipated, rising to 30p for 2018 and 34p for the 2019 financial year.That makes for a stock yield of more than 5%, with the distributions rising at one of the fastest rates among Aviva's FTSE 100 peers.It was still expanding as well, with its policies on offer through several high-street banks, and its savings and pension operations continuing to grow through acquisitions."Aviva shares have fallen from 534p in January to 486.5p today, at which point they are a long-term buy," Hart said."The dividend alone makes this stock appealing while the long-term growth prospects should provide further momentum."AvivaInsurance group Aviva highlights the way in which strong leadership and smart management can transform a business. When Mark Wilson joined in early 2013, the insurance group was in a sorry state, having expanded in too many directions and amassed too much debt. Wilson cut the dividend and sold off unprofitable businesses to create a simpler and stronger company. Today, Aviva is reaping the rewards and the shares, at 486.5p, offer solid, long-term growth and attractive dividends.Last November, Wilson said that dividends would be higher than analysts anticipated because the company was growing faster than forecast and would have £3 billion of surplus cash in 2018 and 2019.Brokers interpreted this to mean double-digit dividend growth for the foreseeable future, with special dividends or share buybacks possible too. The group's results will be out next month and a dividend of 26p is expected, rising to 30p for 2018 and 34p for the following year.This means the stock is yielding well over 5 per cent. Aviva's payouts are not only rising at one of the fastest rates among FTSE 100 companies but the increases are backed up by strong sales and profits growth.The company offers general and life insurance and is doing well in both. Last summer it signed a 10-year deal with HSBC so the bank will offer Aviva insurance products to all its customers, one of the largest transactions of this kind in years.Aviva policies are also on offer at Barclays, Santander and the Co-op, as well as online and via specialist brokers. On the life assurance front, Aviva bought rival Friends Life in 2015, a £5.6 billion deal, which consolidated the group's position in the savings and pensions sector. The company has made several smaller acquisitions since, including the purchase of other firms' pension liabilities. Specialists such as Aviva tend to manage these pension pots more efficiently.Further deals are likely, not just in the UK but overseas as well.Midas verdict: Aviva shares have fallen from 534p in January to 486.5p today, at which point they are a long-term buy. The dividend alone makes this stock appealing while the long-term growth prospects should provide further momentum. [link] more: [link]
