Main reason our fkir along with other financials and stocks in general poor performance is global growth issue and Lack of it next is Brexit fears which if Takes place will drive SP back to teens, Irish gov only a side issue as upper echelons of public service continue to run the country taking orders from ECB and germany regardless who forms next government with no majority.
I don't think there is a smoking gun directly involved in the fall in share price. Perhaps you could say that non performing loans are still very high in Ireland or that the UK will leave the EU or the fast that we don't have a Gov't but my personal opinion is that Bank of Ireland is down in sympathy with the banking index.
Thís collapse in the BKIR share price seems to have gone without comment by financial commentators in the media.My feeling is that it is not fully explained by what is happening worldwide or by Irelands election impasse. That there are factors unique to B of I also at play. But we have no information as to what these factors may be. We are in the dark.Is it that some of the big investors have decided to get out even at this low point? Some informed comment would be welcomed.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.