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You cant do that to us silverhorse. Please share your good news instead of intriguing cryptic messages to your many fans on here
Looking bit more positive - I got some very interesting news i best hold back here first to see how the share prices does this week. FBS - Get ready!
AIBG bought Ulster Bank loan book for €4 billion for CASH. Yet the investment world is so screwed up the whole of AIB is valued barely above what it paid for Ulster bank assets... we went through years where AIB was valued too much - maybe as much as 25 billion and now AIB is barely valued at what it sold a 25% stake in the bank for.... unusual, strange times.... investors are clearly very fickle!
We will defend Irish Renegade. He can be a bit hostile but not the worst here
Accusing IR as having more than one account and posting rubbish to himself is a bit harsh.
Sorry to hear you are posting to yourself John hume. I hope you get better soon.
Great minds think alike silverhorse
1.3bn Is my maths right 9euros breakeven price? He said we should get a profit!!! - strange he thinks like me over 9euros will happen probably 1 year from now.
Returned 6bn to state from 4.7bn
Paschal Donohoe is an Irish Fine Gael politician - I know his plan now!
IR - Are you a blue coat?
Hi playcards - Interesting times ahead - Pascal has a plan i will work it. Question - How much did the shares cost The free state?
@Playingcards
Your are a propaganda machine for SilverHorse....
The full article is still on the Irish Times website...
https://www.irishtimes.com/business/financial-services/republic-to-sell-down-13-9-bank-of-ireland-stake-1.4601157
Excellent and well written summary by silverhorse on the timing re shares at 40% below intrinsic value and views of minister Pascal donoghue
Its mood music. Its looking for a big player to do a side deal. You can hear the press release already. "A vote of confidence in the Irish economy" Self fulfilling, as the shares will go back to 5.50 in the near term. Long term, 7 probably a good call. Filled up with BIRG yesterday, at nice prices.
Question - How much did the shares cost The free state?
The Minister said that the main reason he has decided to sell shares is to signal his confidence about an economic rebound from the Covid-19 crisis and Irish banks’ ability to benefit from this. However, with the shares trading at about 40 per cent below their intrinsic value, or the value that analysts put on the bank’s net assets, even after a strong rally from last year’s lows, questions may be raised about the timing of the sale.
Mr Donohoe insisted he was “confident” the Irish taxpayer would get a good price for the shares.
He knows BIRG is a far better bank then the other 2 - AIB 75% and PTSB 71% holding BIRG only 14% smell the coffee!
You would need to be a class A fool to sell under 5euros
Very interesting what i just heard - No parting with shares under 5euros. It will fly up now
Yes, long term holder pre covid but also bought late 2020
With overhang from government and uncertainty about Davy, I feel we will have to wait and hope for a good Interim report in August for any march on to above 6 euro to happen
All i see is good good with this stock its quite amazing - Did you have shares here before china flu?
Good to know silverhorse with your connections in banking world we have someone to opine who is not part of this group. I always fear Groupthink where similar mindsets here come together unchallenged
Up to 4.70 - 5.00 + very soon