Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Unluckaviva look at the last 10-year average 268 to 540 odds are in time you are going to make money, I, ve tried to make money on this rollercoaster ride to increase my pot but in the back of my head my thinking is if it goes south then it got 1 heck of a dividend which is covered by profits
Even if the dividend is cut or stopped for more years then they will pay off the debt,s which will make future profits even better.
Their customer base is sound and in 2020 I am not expecting anything but when 2021 profit comes in it should be similar to 2019 then I'm hoping for the 31p= 13% dividend which will be covered by profits not counting any self-generating profits,
positive thinking with fingers crossed for luck
Very true I am trying to increase the pot for the 13% return. I am now at the point where a 13% return on my funds is a lot of money a year for me.
I know there a chance the dividend might get lowered on return.
if it stays at 13% then I'm set for life pension wise and I am only 44
Even tho I don,t want it to go down and I still might play on the sidelines, I am fairly confident in the future of AVIVA in time.
I'm at the point of this investment cycle, I would rather hold the stock while it goes down rather than hold cash while it goes up.
In 5 years' time when we look back and realize we were in a stock that was paying a 13% dividend in a fairly sound company, people will be kicking them selfs for not staying.
The strongest will get stronger.
The middle will be cripple by huge debts
The weaker will be gone or nationalized and become far stronger with no shareholders or debt.
Risk v reward it all depends where IAG sits on that list.
AV had a fairly amazing day.
Monday will bring a new day and a new game.
It's funny when you sell stock and it goes up afterward I'm like why did I sell. /kicking myself
When I buy and it goes down I'm like why did I rush back in should have kept the cash./kicking myself
When I hold cash and it goes up I am like why did,t I buy earlier./kicking myself
When I hold cash and it goes down I am hoping it goes down a lot/dollar signs in my eyes
Once it goes down and I brought in I am like omg stop crashing how is this going so badly wrong/kicking myself
It is amazing that everyone is not insane playing this game stress v reward
A rolls Royce in profits that for the big players.
Most of us I would imagine are the very tiny to tiny players with a few very small players on these chats.
I do wonder sometimes on the 13million volume so far today how many of them are big/fund investors twinking their portfolio or are smaller investors.
I suspect most tiny /small investors look at these chats on here or the other site, I reckon for every person that posts a message many more probably read it.
dividendchaser You just need to be patience nothing is guaranteed but the company is as sound as you are going to get in this situation.
Even if the BOD turns out to be terrible the train that is AVIVA will carry on.
People will look back in a few years and say I could have got these stocks at such a low price.
In a few years time excluding companies that are in trouble, the average dividend of the FTSE at a guess will be around 4%
AVIVA won,t be at 230 at this point even if the dividend is cut when it returns.
You just got to be patience and sit on the fence.
dividendchaser It is only a matter of time weeks/months maybe before we hit the worst of the virus in the EU and sometime after that in the USA.
Then the weekly job reports in the USA will start going up dragging sp500 dow ect and everyone with it up each week
Sometime in June/July aug, we should start to hear if some of the vaccines are working. and this will send the stock market up a lot if the news is good.
The Oxford professor said the other day if I understood it correctly on NBC news that the vaccine working is not the issue what they worried about is all how safe it is.
They should start to know my June and every day that goes past the odds are improving.
I would not in your position unless I found another stock that had dropped more with a better prospect of recovering the 50%
I sold on Friday morning at 235 as I thought it was going to be a nightmare day and then it went up to 239 I was kicking myself and then finished at 237 tho i did make 1% back playing with Lloyds, today it seems that call was correct but could of easily gone up today and weaken my position, even more, luck was on my side and if I go back in now my position is up 1% or average is down 1%
It might be best just not to look and come back in 6 months I keep telling myself this as well but I can,t resist looking I don,t have the will power.
You are right there is no guarantee that the vaccines will work. but the oxford one and been tested on monkeys and works and has 2 manufacturers lined up to make it at cost.
The lead professor said a few weeks ago before the( monkey's test in the USA) she was 80% confident and that it will work that's got to be 80%+ now.
That is just 1 of over 100 vaccines being developed with 8 on human trials the odds have got to be looking good for a vaccine.
AVIVA is not going anywhere the company seems sound to me in 2009 they went from 198 to 430 in 1 year.
Within a year they will be pumping out the vaccine. and the SP will go back up.
Even if the SP does not rise you got the dividend which is just under 13%.
Best-case scenario the SP doubles in value and the dividend grows over the next 5 years equals 150%+ return.
Worst case we could go bust but I don,t think that's going to happen tho it could drag on for a few years dividend could be cut or stopped for another year but I think the best scenario is more likely, I might play on the sidelines if it goes up and down but I don,t want to miss the rise when it comes.
I think AVIVA and a few others have the chance to go up between 50% and 100%
I want to find a company that pays good dividends when things return to normal with faith and luck and a big if they retain the old dividend rate.
My entry point was 244.10 with 12.6% dividends unless I can make money short term and increase my pot at same dividend.