.. up 327 pts.. healthy rebound.. if this cycle continues to ftse & dax you may see bkir at 0.36 - 0.367. on thursday / Friday.. bkir has done much better that other UK banks like lloyds or. Spain. banks like Santander and bbva...
RE: A Con Share
Hello! I thought I gave you that info! Stop screaming!
What happened the last time the bank stood at 16BLn ? A population of 3.5 say four million two banks in oporation would still need to be doing an awful lot of business to maintain that valuation. Interest rates rising will pose a problem for those with new mortgages and the economy - but without a rise in rates to reward their depositors how is the bank going to raise finance in order to lend. Good fun this crystal ball gazing isn't it. Good luck
RE: no con
Sorry, I misspoke, value goes up 1 billion for every 3 cent increase. But 50 cent still requires 5 billion increase, 16 billion valuation = .50 a share.
with 32 billion shares in issuance, the share price cannot go anywhere fast. currently, the companies valuation goes up a half billion for every 3 cent rise in share price. so, to go move from .35 to .50, BOI's valuation will have to go up by 5 billion, that will take a while.
Even, you have been banging this con share drum for a long time. What hard evidence do you have to backup same?
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