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check out poster mults LLOY I'm told the info is enlightening mate
A few sell offs today but I think thats been triggered on the dip to 80 with stop losses!
Thought about it a little bit and i'm in again !
Was tempted earlier on here , but topped up BP instead ,( a couple of top ups) . Keeping a close eye on my margin with BP , so maybe i'll stay on the sidelines here ! Saying that this could go to a euro very fast from here ! 25% increase !
this and bp what good prices... nearly worth a top up sexymoose!
I am tracking this share closely this week...It may drop a little more. Either way I am back in Friday because September outlook is good with the RI at end of year and sell off of assets being reported by end of September!!!
the perception is that this company is septic
Looking at previous charts this share has risen significantly in September over the last few years! What do we think this year?!
Interm results not great looking http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10598784
this baby is ready to blow, climb on board and enjoy the ride
surely this is time to buy into albk. stress test gave positive outlook. Next is sell of 70% in polish bank which will certainly increase share price followed by sell of UK assets then 22% in american MT bank. surely the next 3 or 4 RNS will be postive. Some are waiting for H2 re****s on 4th Aug, -why wait when u can buy sub 1.00eur. if albk is trading at 95cents before selling assets worth 4.5b euro it will be worth over eur1.50 after the sale. You buy albk now and get a DISCOUNT with the imminent Rights Issue. could easily double your investment in 3-5months.
... market doubts remain http://www.independent.ie/business/irish/stress-tests-clear-aib-and-boi-but-european-market-doubts-remain-2269796.html
BoI, AIB to pass EU stress tests Related Officials 'at odds' over stress tests | 22/07/2010Bank of Ireland and AIB are both expected to pass the European Union's stress tests on the region's lenders, according to a person with direct knowledge of the matter. Bank of Ireland's €2.9 billion fundraising last month gave the lender enough capital to meet the threshold set by EU regulators, said the person, who declined to be identified because the talks are private. AIB, the second-biggest lender by market value, passed because regulators included in their calculations the €7.4 billion the bank plans to raise by the end of the year, said another person who declined to be identified. The Committee of European Banking Supervisors, which is co-ordinating the tests, may yet alter its calculations for AIB, one of the people said. The lender is selling overseas assets, including its stakes in Poland's Bank Zachodni WBK SA and MandT Bank of the US, to raise the capital it needs. Chairman Dan O'Connor told the company's annual general meeting in May the bank may sell new stock to bolster
Anglo Irish Bank, Bank of Ireland, AIB and IL&P have all been downgraded by Canada's largest ratings agency on the back of a weakening of the government's position. The four banks mainly issue debt with a government guarantee, but the Toronto-based agency has also downgraded Ireland one notch to AA as its starts to cover the Irish economy full time. All four had their long-term ratings lowered to AA from AA (high). The decision impacts upon the banks' deposits and long-term debt issues, but not their short deposits or short-term debt. The agency said the ratings were now stable, meaning a further downgrade is not expected in the short term. Yesterday the agency published a note on Ireland as well, praising recent actions by the Government. Awarding the country an AA rating, the agency said: "The AA rating reflects Ireland's structural strengths -- an open economy, highly skilled workforce, flexible labour market and strong political institutions." Ireland had come up with an "exemplary policy response", said the agency. "However the stable trends could be changed to negative if the planned austerity measures for the 2011 budget are not fully implemented,'' said the agency. Meanwhile, the Irish banks are bracing themselves for this Friday's announcement of European stress test results. European regulators plan to detail three scenarios when they publish the results, according to a document by the Committee of European Banking Supervisors (CEBS). Banks will publish their estimated Tier 1 capital ratios under a benchmark for 2011, an adverse scenario and a third test that includes "sovereign shock", according to CEBS. In the last scenario, banks will publish their estimated losses on sovereign debt held in their trading book as well as "additional impairment losses on the banking book" that they may suffer after a sovereign debt crisis, according to a document dated July 15. Meanwhile, M&T Bank, in which AIB has a major stake, said it had second-quarter earnings of $1.53 a share, beating analysts' expectations.
Saturday June 26 2010 POLAND'S financial watchdog chief will head to Ireland as early as next week to discuss the sale of Bank Zachodni WBK, the Polish unit of AIB. But a concerted effort favouring a domestic buyer could put Poland at odds with European Union regulators, a Reuters report said yesterday. The visit is seen by analysts as adding to efforts by Polish authorities anxious to strengthen the banking sector by reducing foreign control, which is around 70pc. Warsaw is concerned that foreign domination could expose its banking system and wider economy to grave risk if parent banks withdraw funding in a future financial crisis. Earlier this week, Polish treasury minister Alexander Grad threw his weight behind PKO BP's likely bid for AIB's 70pc stake in BZ WBK, worth some $3bn (€2.4bn). PKO is expected to face off against several large European banks, including UniCredit, Santander, BNP Paribas and Russia's Sberbank. An industry source said preliminary bids are due on Monday and binding offers are required in September. Irish Independent
Not surprised if he's a big shareholder!
wow im well lucky!! lol bought in at 1 euro and sold at its peak at 1.17 yesterday!! boo yah!
That reporter in the Irish Independent is a very negative type of guy .
Down a lot more than UK banks today . Even with UK budget out today . In Ireland talk of Super Strict big brother type monitoring of personal credit in the future . Lovely ! :( Over the top in my opinion !