aclaw, thanks for your reply.Obviously it is going to be a long long time before AIB can turn itself around so think I'll just forget about them for the next few years and hopefully get a nice surprise when I finally take another look.ATB
“The seeker after truth should be humbler than the dust. The world crushes the dust under its feet, but the seeker after truth should so humble himself that even the dust could crush him. Only then, and not till then, will he have a glimpse of truth.” ― Mahatma Gandhi
I do not expect comments of appreciation, thanks or otherwise.
I hope that what I offer is of some help to folks particularly those that are new, concerned and maybe have very little funds but have the guts and foresight to invest here to try and better their position, as I am too.
The dust will settle and it will be business as usual returning to the trading pattern of the last 18 months where this will rise a few % stay at that level for a while and move in up after consolidation.
As hope value is satisfied the price will move up.
This bank reflects the Irish economy and it almost is the Irish economy.
The economic cycle is moving on slowly but surely and Ross and fairfax are still invested here.
I would not expect otherwise as they have great common sense.
So while one can never be sure of what the future will hold one can ne can take comfort that switched had customers with a lot of funds that wanted a sizeable chunk of this and that is a very good sign for the future.
They obviously digested the results and the powers that be wanted a wider shareholder base in BOI.
Have to say the price drop reflected a shock at wilburs actions. The market does not like shocks and will punish them.
Boi as I said before is good at pr as this exit was very well timed to coincide with the results.
Now expect calm for a while.
Better get used to me, sons, because I will be here for a few years.
We are all here to listen to each other's advice,opinions,expertise and experience which all together makes us smarter / wiser. Be it big time or small time the amount invested is not the question. It's where we want it to go is all our common goal. Quibbling won't help anyone on this site. Good luck to all.
here. I hope not! Sold ptsb this morning at profit. after reflecting on comments made. Still hold BKIR at a loss, having bought and sold twice profitably on the way up. Bought 37c this time but holding and walking away for a while. I would be watching Noonan and the Irish govt stake in BKIR. Irish politics is about headlines. 'Noonan takes 2 bn. profit from BOI'. Can you not see it coming?! Anyway I'm still holding for a while! And meanwhile AIB is valued at 100bn! Seriously thanks for the info.
I'm back after an amazing experience in Vienna which is a beautiful city which is very pleasant to visit in other circumstances.
The Requiem for my darling cousin was both moving and fitting before she was buried in Vienna - I thought she would be coming home - but after 30 years spent with European Atomic Energy Authority she had made her home there and her final wishes had to be respected.
To my delighted surprise the mass was sung by the Vienna Boys Choir where her son had been a member some years ago. We found an excellent pub near our accommodation and so we had two wakes as well - it is fair to say that having been to her funeral I have returned in much better spirits.
Now that I am back I have tried to read myself into the last couple of days and learnt that the pot has gone off the boil and some strange new names appear to have done the opposite with handbags all over the place.
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