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Member Info for ranger4


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Member Since: Mon, 16th Nov 2009

Number of Share Chat Posts (all time): 7,898
Number of Share Chat Posts (last 30 days): 9

Last Posted: Thu 16:36


Post Distribution over the last 30 days




24 Feb '16

Some details about repossessions were also given. The bank said 186 properties were disposed of last year along with 531 buy-to-lets sold by receivers. This included 137 owner-occupied homes, which generated sales for the bank of €20 million, or an average of almost €146,000.
Again, these figures are down on the previous year but that’s of little comfort to those who lost their homes. The bank has another 167 properties waiting to be sold, including 120 owner-occupied homes. We know, too, that the bank doesn’t do write-downs so home owners will most likely be chased for the debt even if they lose their homes.
The bank argues its mortgage arrears numbers are below the industry average and some nine out of 10 restructuring arrangements are sticking, which again would be higher than the industry norm. This is true but it doesn’t take away from the fact that thousands of its customers are in trouble of one sort or another with their mortgages.
It’s incredible this issue hasn’t received more attention in the election campaign, especially given the palpable public anger towards Fine Gael and Labour.
The multibillion scale of the mortgage arrears problem and its social impact trumps the huff and puff about water charges, property tax and the like.
23 Feb '16

Most of the irish couldnt give a flying scotsman and with current anti austerity sentiment running v high want to see radical shake up with irish politics taking out their anger on established fg-labour parties, Labour will be decimated and Fg will also be hit Hard.
23 Feb '16

along with possibility of Hung parliament creating negative sentiment for irish financials i suspect we could see recent 0.2370 yearly Low retested or even broke by friday.
23 Feb '16

ff-fg along with indes will probably agree to enter gov together under "grand coalition" guise saying its only way for stable gov however SF and independents are gaining votes at labour and fg expense anything is possible including a hung dail which would be negative for country and bank stocks in general, doint have much faith in polls.
19 Feb '16

think earnings expectations all but priced in with decent bounce last monday elections and Brexit uncertainties will cap any decent sustained gains until a known outcome.
19 Feb '16

hopefully holds otherwise revisit of 23c on the cards.
11 Feb '16

Recovering nicely.
11 Feb '16

So far showing decent resilience compared to other uk-eu bank stocks hoping we have seen bottom and start of sp recovery, Draghi will have to walk the walk next month.
10 Feb '16

Markets extend gains
Just before lunchtime, European stock markets continued to rise ahead of Janet Yellen's Congressional testimony.
Around midday rumours surfaced via a German newsletter that the European Central Bank might buy bank stocks as part of their QE programme; this also lifted markets higher.
Frankfurt's DAX has risen 2.5pc, while the CAC in Paris has advanced 2.4pc and the FTSE 100 is trading up 1.1pc.
10 Feb '16

scenario looking likely.


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