hello I gave you a clue the other day if we are to get 1 or should I say .93 per share I said sell all god this has to be the best thing since sliced bread as you English say. however the statement put on here by another member (and I read it ) is now not available however a similar statement made by irish time I tink hours later stated that a member sat up took notice at the news ( I wonder why) and printed that just under 1€ would be paid per share however 1.3bn shares were in small investors hands and would have to be seen to!? I am going from memory here as I look in when internet permits does this help
America's mixed job report was today's pretext for the price drop in this manipulated share. Like I said, it drops drastically on the slightest bit of so-called negative news, and rises slowly and reluctantly on continuous good news.
Bank of Ireland will look to repay €1.3bn of preference shares early next year to enable it to resume dividend payments, chief executive Richie Boucher said yesterday.
Ireland's largest lender by assets has led a sector-wide revival as the economy grows faster than any other in Europe and is set to be the first among the country's three domestically-owned banks to resume dividend payments following the 2008 financial crisis. It must first stop counting the preference shares, a type of debt, as capital and after increasing its core Tier 1 capital ratio by 20pc in the first six months of the year, analysts predict it will redeem the shares at the earliest point of a guided January to July 2016 range. "The prefs are costing us €300,000 a day so there's a large financial incentive," he said, referring to the shares that carry a coupon of 10.24pc. "I wouldn't disagree with the market's anticipation that we want to do it as quickly as we can. Mr Boucher, who described as "immensely frightening" the days in 2010 before the country signed up to an international bailout, wants Bank of Ireland to become a predictable income stock, which to his mind means ultimately targeting a payout ratio in excess of 50pc of attributable profits after tax. The bank is expected by analysts to declare a dividend in the second half of 2016 or first half of 2017. "It certainly wouldn't be in the first half of next year. I think some of the market is thinking 2016 and some are saying they'll probably wait until 2017," Mr Boucher said. "I think it's a bit premature for us to form an absolute view on that." After more than doubling its profit in the first half of this year, Mr Boucher said the 14pc percent State-owned bank, the only Irish bank to avoid falling under full government control, has seen continued momentum in loan demand and declines in non-performing loans. Mr Boucher said he can see evidence of the recovering Irish economy in rising current account balances and medium-sized businesses moving from restructuring to growth. Bar a couple of possible further loan book acquisitions in Ireland, the main growth opportunity will come in Britain where Boucher says the bank can double its share of the mortgage market to 2pc. With Britain accounting for around 40pc of a total loan book it wants to grow above €90bn in "two or three years time", the bank may also look at more partnerships following tie-ups with the British Post Office and roadside recovery firm AA. "We do have people coming to us and saying would we be interested in having a chat with them, I think we have to be very selective with the type of partners and ensure that we don't become, shall we say, promiscuous," he said. With such "positive challenges" now ahead, Ireland's longest serving bank chief executive said he has no plans to retire. "If I look at the short to medium term horizon, I think we'v
.. down 205 pts.. to the 17,000 level.. appears to be headed to lower index levels.. this same direction for UK , US, DAX indexes.. if interest rates are raised in the US this will cause lower stock indexes.. not necesarily bad for banks though..
When you are shopping Lidl's do not do 4 Pint cans of pear cider - but you can get four one pint cans - very nice drink when it's hot, or in your case very hot if you drink it from the fridge.
My favourite drink wherever I am is a pint of Arthur's pure stuff from the Saint James Brewery, several good places here where they know how to look after it, unhappily there are also many that can't.
They sell all sorts of stuff here from scrumpy which is like wet pig slop to a large variety of "HOME BREW" products produced by enthusiastic locals who have a good connection with their bank manager because they all seem to keep going.
Know a lot of the places you mentioned, have done business all over the west country and have got to know it very well.
My time in the north was another happy and largely carefree episode when I played football for money and should have gone to confession more often that I did.
Good luck to you out there - I enjoy the flavour of Spain on Sundays, when the Colleen and I break open a Gran Roja Reserve Rioja, which is always excellent and next to Guinness soothes my palate entirely.
Steady on there Torquay not all consumed in one go I hope. I must give it a try. Whoever we get in for the catering we can get them to line up some of your favourite tipple. Down south in the UK I sepnt a bit of time in Portsmouth and also very nearly ended up in both Bristol and of all places Ilfracombe. Most of my time in the UK was in London and a lot further north for several years. No great desire to return to the UK or indeed Ireland. Quite content in Spain.
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