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Cuckoo,
I fully appreciate the fact that when you are not camped in other birds nests you are in the air beneath the clouds with the benefit of bird's eye view of events.However you are not blessed with the eyes of an eagle.
Also,while you may post that the ECB is "Crystal Clear" on a June rate cut I have never known the ECB or the BOE or the FED to make SPECIFIC comment on future rate movement(s) as their language is in the form of "may" or "might" etc leaving their future options open and LEAVING YOU TO READ BETWEEN THE LINES.
ECB “ Crystal Clear “ on June rate cut. As I said before Johnny you need to start reading between the lines!
Ignore the London SP. The real action is in Dublin. €9.75 just now. GLTA
I think it's a glitch as I couldn't see the 5% drop elsewhere including my Degiro account. It seemed to rise another 0.6% in after hours trading too.
What’s with the 5% drop?
GLA
Let’s hope you’re correct as usual!
Gone for a burton now means even Steven’s 🤔
The FED'S ongoing fight against inflation could take longer than expected with 1 FED Policymaker suggesting rates could remain at their current levels until 2025.
According to top ECB official prospect for use of interest scissors in June assumes no further set backs in the geopolitical situation affecting energy prices and other inflationary factors.
British price inflation slowed by less than expected to 3.2% in March when the BOE had forecast a drop to 3.1%. The BOE is likely to want more conclusive evidence that a sustainable return to the target level of 2% has been achieved before they pivot to further use of the scissors.
So the Cuckoo is 100% certain that the scissors will be put to good use by June 6 following ECB meeting. My feeling ,as it was towards close of 23, is that it is even steven at the moment but if the geopolitical situation deteriorates , as mentioned by ECB official, the scissors may not be used in 24.
I am sure the Board will be delighted to see you are finally converted to Inspector Clouseau's philosophy with more visionary use of the front window and less of the rear view mirror. Your concern for a fellow poster is very touching and heart warming. It is so heart felt would not be surprised if you went wailing to Mama. However our fellow poster may take comfort when BIRG hits 10.5 or thereabouts before the scissors is plunged into the interest heart.
Good job nobody remembers my “she will > €10 by the summer “ disaster! Ah well this old FKIR never fails to disappoint…..
GLA
JH You predicted interest rates were gone for a burton you didn’t clarify uk ECB or us.
I posted last October rates (ECB) would be reduced in March/April I was premature it will 100 percents be June !
Finally it’s not fair when dealing with a fellow poster with limited intelligence to stop/advise him not to sell at €10.12 when that was his wish
Cuckoo,
fyi I have NEVER had a post deleted on any LSE board , so you had better look elsewhere for your culprit but why anyone would wish to delete it is beyond me .
Cuckoo's patience is as limited as the brains in his cuckoo sized brain. You may be accustomed to climbing ladders but the market keeps away from ladders.BIRG also traded at 9.74 today and the SP readily varies by up to 3% daily. Very comfortable with seeing BIRG hitting 10,12 plus 50c in coming weeks .It traded at 8.92 on 26 march - 8.80 on 20 march - 10.12 on 10 april.Appreciate Iran etc may put a spanner in the works but ceteris paribus 10.12 plus 50c would not make financial headlines.
Next meeting of ECB = 6 June while BOE =9 May - Fed = 30 April/1 May. As you should be aware , being the IC interest rate spokesman, when speaking of the timing of interest rate movement you refer to the end of the month rather than the beginning.Hence reference to interest rate movement for June the reference point being end of June rather than the beginning. Similarly with march /september etc.
You continue to be very quiet on whether or not interest rate reductions will come into play in June and if there are reductions where will they apply -ECB or BOE or FED - or all equally. What do you expect to roll out from BOE meeting on 9 May and FED on 30 April/1 May and how they will influence the ECB.
Hopefully your predictions will be more accurate than your BIRG predictions for 26 February.
Post deleted by JH I’ll try again
Green grass was boating about the sound advice he got from JH recently
Don’t sell @€10.12 is will go up another 50c
Unfortunately the share is currently €9.55
Sound advice indeed
Burton
Attack Attack Attack you’re like a rat in a corner.
You posted that rate reductions are gone for a button in 2024 . Not sure where you live but I was talking about the ECB last time I checked I had euros and cent in my wallet
As for a rate reduction before June that’s not possible John next ECB meeting is in June.
Also this is not a competition in communication
Attack Attack Attack you’re like a rat in a corner.
You posted that rate reductions are gone for a button in 2024 . Not sure where you live but I was talking about the ECB last time I checked I had euros and cent in my wallet
As for a rate reduction before June that’s not possible John next ECB meeting is in June.
Also this is not a competition in communication
Some things never change with the Cuckoo still exercising literally the communication skills of a cuckoo.
Any possibility that that you might elaborate on your communication skill relating to "rates being gone for a Burton "
- have rates being extinguished ?
- have the ECB applied the scissors instruement to rates ?
- have the rates taken the upward journey to the stars ?
I note ,however, that your prediction -ie the one you stuffed down our throats towards the end of 2023 _- that the scissors would be applied with a vengeance in march 2024 has never materialised. Do you envisage the scissors being applied before June 2024. If so, will it be applied to the ECB or BOE or FED or to all 3 simultaneously. Is your position as interest rate spokesman for IC under threat.
Looking forward to receiving your front window viewpoint as opposed to the rear view history.
I’ll pass on that thanks . I’m doing just fine without it.
And god help you if you take your advice from some clown online that you don’t even know.
You'd do well to take his advice, cookie. You might make a few bob. 😉
Well you wanted to sell around €10.12 and your master said no. He said you can sell at €10.12 plus 50c ie €10.62 .
Lest see how long that takes
And Jon Jon you never answered my question about rates being gone for a burton is that still your view
Thanks Ashton. I was confusing the E392 with shares.
Cheers JH. Correct as usual
It’s just a point of view I’ll leave the crap advise to you
" I am not advising anyone... "
So what is your purpose/objective in posting on a public board - are you talking to yourself in your cuckoo sized head.
As regards the Ryanair Board - relates simply to the occassional post highlighting to the Doomster that he and the market enjoy a perfect negative correlation ship.
The Narcissist,
I have been operating multiple accounts here mainly under the name john hume
What’s more your over on Ryanair talking about Boo and half a dozen other shares and you come on here talking about AIB . Your a share chat hoooooore
Your such a narcissist
I’m not advising anyone it’s all in your tiny head
So, Cuckoo, are you advising the board that you have graduated to macro management with the micro stuff for the birds.
Yes BIRG have stated they are allocating 520mill to buy backs so some posters are interested how this progresses with the hope this will be concluded prior to release of 2024 H2 results at which stage the big question is whether they will allocate the balance of 480mill towards additional buy backs in the run to 23 December 2024 ,in line with AIB's 2024 buy back programme, and which they received shareholder approval to do at 2023 AGM.
As regards buy backs on 12 April read all about it on monday's RNS.
GG,
I reckon just over 392mill ( as of evening of 11 april) still available for buy backs so no additional zero.