have to say im glad to have reduced my holding despite the current uptrend , sold out entirely the day wilbur ross closed his possition and today bank of ireland only makes up 6% of my portfolio , bought back @ 25.5 a few weeks ago , will now hold though i have a buy in booked at 25.5 if we reverted back to that level
the 1% stamp duty means trading irish stocks is not really worth while unless you are handling large amounts
in europe QE is a waste of resources, the depth of securities markets apart from govies just doesn't exist. With German 2 yr paper trading at zero how low do you want rates to go, the money will only go out the back door to the US. Hopefully europe can come up with something smarter, more targeted
closing in on its 200, gapped up through the 100 as if it wasn't there. lets see what $16.18 does. if it gets through on volume this is going to $22 & then do we follow the old market wisdom and "sell the second high?" that's circa 0.41 in Dublin. e13bn market cap, 13x earnings........or 8-9x what I think Bkir can make. Tough call. Getting this right is going to be interesting for traders. For investors its a much easier call, but less profitable.
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