because that is what you will have when we reach 15BLN - given the current state of play, I think that BOI is doing quite well - but for the life of me I can't see why.
Now that the bottom has been established in the property market with the blunt instrument of auctions, some small momentum is developing in Dublin and near vicinity. Our boys who brought us to where we are now will next develop a story that will encourage confidence and bolster it by lending some money which will cause prices to rise which will reduce the level of bank impairment and thus provisions.
No doubt this will have a beneficial effect on the market cap and we can all book the holiday and perhaps the new car.
There I go again - the swallows have gone and the month of the Holy Souls is ahead of us so let's not get over excited - when you've been here since 2008 you have learnt that a pessimistic view is wise where this outfit is concerned.
We are not out of the choppy water yet when we look at Tesco who are only one of our hi-flyers amongst many who make a virtue of gilding the lily - when they are running on a fund of cheap money and haven't paid a worthwhile dividend for ages because a lot of them are or will be submerged in debt and would sink if they had to pay more for their money.
Do I feel better now - yes - have a good weekend all.
Rammy, you're knackered. Hit the sack before it hits you. Let the dude do some research, he'll figure out the difference between 18bn and 10bn if he puts his mind to it. I 'm sticking around until the 15bn at least.
Just look at the links I provided to show that BKIR had a market Cap close to 19Bn euro. It only took me a few moments to find that information on google. I could not however find any valuation for BOI in or anywhere near what you suggested.
I did see your dead link (link removed) but nothing more.
Not suggesting you made it up or anything like that. But some of us on here have been here for a long time (Not me, I have been in and out of this share so cant claim long term status) and have seen many reports(with links) that support a 18.9Bn euro or there about, valuation for Market Cap.
I am also not suggesting that you are a troll, but your new here and your first contribution fly s in the face of reason, and almost appear engineered to cause maximum disruptive effect.
If you could just provide a working link to back up your original statement I might be able to accept your statement as a credible attempt to seek information.
Its late. I am tired. I hope you understand that I mean no offence by my statements. It appears much easier to provide proof that BOI was valued far in excess of the details you first suggested. Perhaps you read a report incorrectly. Perhaps you genuinely did have a link suggesting what you detailed was correct and true. But the weight of corroboration for my argument appears to tip the scales in my favour. I say my favour, but in fact I would have to credit other people with uncovering those factual details as I was only repaeting what I have read on here on so many occasions over the past 19 months.
Fair sailing my friend,
And don't take offence at anything I said. I mean no offence.
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.