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Cuckoo,
would you like to elaborate on my illness.however, I would like to put you on notice that references to illness shall not be taken LIGHTLY.
I never gave a get out price to GG, simply posting there is additional 50c . Up to each poster to determine his/her get out price. Delighted to see you have taken the bottle to look through the front wide angle window and express a SP beginning with a 11. Would you like to be more specific ?
"scratching your crack on Good Friday " - would you mind interpreting.
With every post you are confirming that looking in the rear view mirror appears to be upsetting your mindset.
Is sarcasm now to be added , together with ignorance, to your qualifications - an ignorant pedantic sarcastic cynic ! Class never entered the equation.
Jon Jon
Number 1 what’s a bank holiday? That’s called sarcasm but I know because of your illness that’s not something you can compute.
Number 2 SP today had a high of 10.41 not 10.51 are your favourite site goes wonky at 4.35 again you illness prevents you from computing this.
Number 3 deadline you posted to grassgrass your 10.12 plus 50cent you might see next week posted 26/4 . You called 10.62 as get out price! Personally my get out price starts with 11.
Finally the only point you didn’t address was “scratching your crack on Good Friday that sums you up perfectly. Easter weekend you didn’t have a clue what a bank holiday was (hence the sarcasm) and today you’re lecturing us on them!
Jon Jon your a fake with no shares a boy racer
Cuckoo,
" what's a Bank Holiday.. " Imagine we all thought you were simply a pedantic cynic. Is there any limit to your surprises. ?
As regards the BIRG SP I see they traded today at 10.51 which is a darned sight closer to 10.62 than 10.12 !!!
Also why is tomorrow a deadline ??
Funny the whole concept of bank holidays was lost on you over the Easter break.
Scratching your crack wondering why no RNS reported on Good Friday and then on Tuesday you reported they were back on track.
What’s a bank holiday Jon jon ?
Still time to achieve your prediction of €10.12 plus 50cent(s) by tomorrow
May day on the double. no buy back yesterday as it was a bank holiday on financial markets in europe,excepting London.
Likewise next monday.
Strong results from AIB but BIRG sp appreciated this am much more than AIB.
AIB much better at managing costs with their cost/income ratio down to 38%,from 39% in Dec 24 whereas BIRG gone out to 45% from 42. Minor difference in NII with AIB forecast 3.65 and BIRG 3.54.
AIB voting today on 1 Bn buy back and interesting to see if it's approval does anything to sp.
Cuckoo,
appear to be going around the world,even allowing for reading between the lines.
BIRG have upgraded NII from 3.43/3.47Bn,per 26/2/24 statement, to 3.53/3.54Bn yesterday due to higher interest rate relative to prior assumptions ( 0.25bps).
Lets see what AIB IMS brings to the table tomorrow.
NII was €3.7 billion in 23
Assuming a 6% dtop in 2024 less €222million
Assuming a 3% drop in 2024 less €111million
That’s an extra €111million in 24 nii while still allowing for 4 quarter point cuts in rates
I hold all my shares in a ISA, are the dividends taxed before they enter the wrapper
In some cases dividends can really work out well e.g. for a pensioner whose income is under the tax threshold there may be no tax liability or else tax at the lowest rate. Not so good for those in the higher tax brackets.
Dividend tax is not capital gains it is income and subject to 25% tax. IMO DYOR
Thanks Joxer . That makes it even less attractive.
Dividends are taxed as income, not capital gains, so it won't be the 33% rate. The actual tax will depend on your overall income tax situation.
To take advantage of ex dividend date, Would it be worth investing say €20k in shares now at approx €10per share .That's 2000 shares × .60 dividend =€1200. Deduct approx 2% for fees and stampduty €240 leaves €960.
Then pay 33% capital gains leaves €640 return. Plus risk of sp dropping. Am I missing anything?
AIB report on thursday.
Davy seem to hint at that possibility when commenting on the strong capital performance - "Post Q1, there is either upside risk to this forecast, or to distributions"
I suppose as the resolution approving the 1Bn share buy back confirmed the end of december 2024 as the completion date the buy back should be completed by then. T and C of approval may mean it's execution is at BOD discretion.
Howth,
my reading of this is the 2024 interim dividend to be paid in 2025. 2023 results released in February 2024 The 2023 f/y figs referred to "Group expects 2024 distribution to comprise combination of ord div and share buy backs with interim div to commence."
2 negatives from BIRG statement ;
cost to income ratio gone out from 42 to 45%.
NPE exposure increased from 3.1 to 3.2%
would not be surprised if buy back balance of 480mill deferred to issue of results in 2/25. hopefully I am wrong and delivered with H1 24 end of July.
anybody going to AGM and raise the buy back balance issue.
"We remain on track to deliver our committed financial targets, including the commencement of interim distributions this year"
Does this mean we can expect an interim Dividend?
MIM meant NII . Best correct before Jon Jon smacks my bum
An optimist would say that’s a drop from a 6% reduction to a 3% reduction
The upgrade in NII (although not that significant) is still good news - BIRG tend to be conservative in guidance so their updates/outlook are fairly trustworthy - looks like everything is "steady as she goes" at present
NIM expected to fall 3/4% down from 5/6%