Aclaw with respect what a load of pure dross re doing well today. Can every one not see what's going on...... .355 is the sweet spot no matter what happens. The big guns are dictating the pace here IMO. It's like we are frozen in time. If they went down to .32 at least I'd say there's a bit of friction in the share. Sweet fanny all is going on until someone of the intelligentsia throws a log in the fire.
.. market summary
... BOI did quite well today considering the market downturn caused by currency fluctuations and news about the liquidity problems in greece.. greek party also loosing favor and divided by political in fighting... http://www.marketwatch.com/story/european-stocks-euro-under-pressure-as-greece-spain-niggle-2015-05-26?siteid=yhoof2
Hi Dublinrory, good to have met you albeit briefly. I'm up for trying O'Donoghues, I hope the family are all well. Hope to meet up with you again in the not too distant future.
RE: Mulligans/The Gathering
hello APS, It was me that you said hello to as I was on the way out the door. Sorry I had to leave but there was other family stuff got slotted into my schedule. Mulligans is a great place for the chat but I am more of an O'Donoghues fan myself.
Bank of Ireland – Buy on weakness Bank of Ireland’s (Outperform, Previous Close €0.356) share price came under pressure last week as the Irish Times suggests that all Irish Banks have agreed to cut their Standard Variable Rate (SVR) on mortgages by c. 25bps or offer customers an opportunity to switch to more favourable fixed rates before 1st July. BOI’s SVR currently stands at 4.5%, significantly above the average SVR in the Eurozone of 2.47%. We forecast that a 25bps SVR cut would impact FY16e full year Net Income by only €22m on a €8.6bn SVR mortgage book and would not materially impact our 2.26% NIM target by year end. We still remain positive on BOI as a recovery and income play due to its strong capital generation ability and potential to reinstate its dividend by 2017 and think 33.5c should act as strong short term support.
Yes i am out allso it could go either way at the moment hoping to get back in at alot lower price .HSBC global research has come out and said BKIR is 20% over valued i wonder could this be one of those self for filling prof s'
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