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Bank Of Ireland Share Chat (BKIR)



Share Price: 0.261Bid: 0.26Ask: 0.261Change: 0.00 (0.00%)No Movement on Bank Ireland
Spread: 0.001Spread as %: 0.38%Open: 0.256High: 0.266Low: 0.259Yesterday’s Close: 0.261



Share Discussion for Bank Ireland (BKIR)


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johnmcclean
Posts: 262
Observation
Opinion:No Opinion
Price:0.25
View Thread (7)
RE: 1H 2014
Thu 01:01
Sorry for repeating Senator. Didn't refresh.

They have played their cards very close to their chest so guesstimating is as good as it gets. I think mortgage lending will be the black spot here but UK could surprise. The problem for mortgage lending in ireland will presist into 2015. There's just not enough housing on the market (in the right places) to impact on lending figures.
Car loan figures will be good but small money compared to houses.

Figures on arrears will be interesting. Potential for improvement there.
 
ramerci73
Posts: 444
Off Topic
Opinion:No Opinion
Price:0.25
View Thread (7)
RE: 1H 2014
Thu 00:33
Great reasoning. Thanks
johnmcclean
Posts: 262
Observation
Opinion:No Opinion
Price:0.25
View Thread (7)
RE: 1H 2014
Thu 00:33
Goodbodys original estimates were higher originally but they revised them a while ago. They think new lending is below expectation so reducing the banks ability to make money.

I haven't seen any other broker forcasts lately and as far as remember no one else revised when the lending figures came out.
Does wexboys figures count?
Senator1
Posts: 198
Off Topic
Opinion:No Opinion
Price:0.25
View Thread (7)
RE: 1H 2014
Thu 00:20
yes, revised downwards a couple of weeks ago reflecting the reduction in the Loan balances evident in the 1Q IMS. Things might be improving in Ireland but what is very clear from the 1Q IMS is that repayments are > than new drawdowns. I think the key area of focus in the 1H report next week will be whether this reversed in 2Q and the outlook on this equation for the rest of the year and 2015, for two reasons;
1.) More loans more NII and fees
2.) Drives the NIM higher

The recently announced e2.1bn of new loan approvals to the SMEs in 1H 2014 is only 7% higher than same period last year which still suggests to me things are still slow at the corporate level as I would like to see double digit growth. Will we see double digit growth in mortgages or the UK business? I suspect not, as why release information on SMEs. So if this is all pretty boring the focus will be the outlook, what's the 2H looking like? If they say nothing on the outlook that says everything. Think this is the reason this share price is going nowhere in last week or so as market cant answer this question
ramerci73
Posts: 444
Off Topic
Opinion:No Opinion
Price:0.25
View Thread (7)
RE: 1H 2014
Wed 22:10
Are those figures actually from goodbody's?

If they are then they sound reasonable. If they are not they would be a reasonable set of expectations. I would be happier if they were 25, 60 and 130 million euro bigger respectively. But that's more to do with hope than evidential. Thing's are improving in Ireland so if the rate of improvement accelerates I would expect the bank to prosper accordingly.
Senator1
Posts: 198
Off Topic
Opinion:No Opinion
Price:0.25
View Thread (7)
1H 2014
Wed 19:28
as we wait to see 1H 2014 results I would be interested to see NET INCOME forecasts by various brokers for 1H and FY 2014 & FY 2015. I will start it off with Goodbody's. They are as follows;
1H 2014 : e213MM
FY 2014: e449MM
FY 2015: e766MM

If we get a few inputs we can calc our own concensus & see who is on top of this share from the broker community after results
aclaw
Posts: 285
Off Topic
Opinion:No Opinion
Price:0.25
next week
Wed 18:53
..AIB is scheduled to report next wednesday Jul 30
..BOI is scheduled to report next friday - Aug 1
EL-Gelboy
Posts: 375
Off Topic
Opinion:No Opinion
Price:0.25
Late purchases
Wed 18:15
For those that dont understand large sell/buy orders at the end of trading, these are dealers ,traders,brokers,settling there accounts at the end of the trading day, it is not one order but could be made up of several orders or contracts made between different brokers,dealers at different prices,at different times of the day hence some blue some red and never at the closing price.
Hotdog1
Posts: 283
Off Topic
Opinion:No Opinion
Price:0.25
Late purchase
Wed 17:23
Some institution I suppose pond feeding?
radar
Posts: 1,902
Off Topic
Opinion:No Opinion
Price:0.25
Late
Wed 17:20
That's coggy he is always at that.



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