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.. are the headlines the next few weeks.. fortunately this melachon is an old geeser ..64 yes and would definitely be out after these elections.. news from aib The State is aiming to raise up to €3 billion from the sale of an initial 25 per cent stake in the bank, which cost almost €21 billion to rescue during the crisis. However, UK prime minister Theresa May is likely to have complicated the timing of the AIB flotation further with her decision this week to call a snap election on June 8th. this also affects the timming of the sale of aib.. UK elections next month.. april 28th is the general meeting for boi.. very little news lately about boi..
What do people think of BoIs 30-to-1 share consolidation plan. This in effect uplifts the SP to €7, If they do go through with it it just means if the SP falls it will have a long way to fall from €7 rather than €0.25. I can under stand the logic behind it as the SP is very fluid at the moment and they want to bring in the long term investors rather than the day traders.
Wouldn't be too keen on getting hammered with you
Roughly 25% more shares bought today than were sold - Market Cap 7.9 BLn is up a touch - uncrossing trade is positive - all in all this is steady as we go surely. In all the circumstances at the moment, Political uncertainty being the principal concern after the last result here, Dave and George disappeared but were replaced by Boris and the resurrection of Bill Cash and the other old waxworks in his gang Redwood et al. Am beginning to wonder how fruitful a pilgrimage would be, particularly if it were to somewhere peaceful like Syria - I just feel that a nice peaceful distraction would help to settle my nerves - which is bound to improve my putting. Have a great weekend all and let us hope that there are no more bloody incidents.
Will watch out for Brillo, but I wud not be surprised if let pen wins, their just seems to bean appetite these days for that type, newly b.o.i will be fine long term for 2018
Remember Le Pen is not a dictator. Unlike Erdigan she has to act democratically. But of more concern is Beppe Grillo in Italy/ Sitting frighteningly high in opinion polls. And the Italians generally HATE the euro currency!
Always nice to get a par on any golf course! But i must say im worried about le pen winning , but ive decided to accept it if she does , but can see her winning sadly so im ready for more negativity
Well if it's the end of the week it must be hammer the SP time, to kill any recent gains going forward. They have been working hard on it all day, and yes we are by a long shot the worst performing Bank share today! Everybody else green and we are down nearly 2%.
Monday will be interesting as well depending on what happens in France. My money is still on Macron.
Sounds like the 19th hole was where it was all happening ...... if May gets back in with a resounding victory ......STG strengthens again and SP rockets??
.. in NY Minister for Finance Michael Noonan arrived in Washington on Thursday and will lead the Irish delegation.
Played Carnoustie today apparently Tom Watson never parred the 17th when he won the Open in Carnoustie. As for John van de veld his putter company brought him back to Carnoustie and he played the 18th tee to green with a putter in less shots. The reason they did this is because he had the least amount of puts ever in an open. I'm in Broughty Ferry now getting hammered
Agree.....a buffoon and a goner. Tactically an immense chess move by May. I don't agree with Brexit but May now clears the decks.
Can't be far off breaking for 27c. Stg at 83.5 with 80 on the cards. Even if that turns out to be short lived the potential to hedge will make a huge difference to H1 results.
the talk now on NI is that The UK don't want a second Stormont election yet. I don't think any one does. Foster is afraid SF could do even better and SF are afraid they could not repeat what for them was a perfect election. The UK government will extend the time for talks and see if an agreement can be reached. They only want direct rule back as a last resort.
Spot –on analysis on all points. Totally agree. I also would love to see Boris booted, not from the Cabinet, but from the House of Commons. My respect for May came when she appointed Boris Foreign Sec. Brilliant move. Kept him tied in by collective responsibility and where she could keep an eye on him long enough for him to make a complete fool of himself, which he has obligingly done. Also kept him off the back benches where he could continue to play to the gallery with his totally mindless bluster which some in this country take for intelligence. She is some strategist! But Boris is in my next door constituency and I do not see them electing anybody but a Tory. Also wonder abt. the impact on NI, and also think they might go for a combined UK and Stormont election on the same day. Am having lunch in Dublin next week with someone from NI who will well clued up. Might get some insights then. Meantime BKIR holds its breath until after consolidation. Interesting times. PatMc
A couple of emails today from online share account regarding share reorganisation.
Personally I think she has made as big a mistake a Cameron, and there will not be a majority gov for a long time to come in uk, tearing the place apart, the 64% of the electorate who did not vote for Brexit get a voice. 7 weeks is a long time in politics, particularly in the present climate.
Its a surprise but it makes perfect sense for May and it seem to be totally her own decision. Absolutely none of her own party saw it coming. If Boris and a few of his likes survive the election I think he is toast anyway in a new government. Look at if from her point of view. Labor has a leader that is practically unelectable as PM. Even if he runs a campaign on a anti brexit play May will still destroy him. Its more likely the LibDems will be huge winners but from such a low base they wont have a much impact on the big picture. So May come back with loads of new party allies diluting the hardliner influence and giving her free reign to actually negotiate and give a few concessions to Europe without constantly been overruled and snipped at from within her ranks. Not to mention the potential of a clean run of votes through a Parliament she ownes Thats why STG gained so much today. May is a now seen as a brexiteer but as a strong moderate rather than a hardliner. Best part is she will not have to go back to the voters for 5 years. If she had to go back just as the deal was done and try and sell a less than hardline stance she would be in trouble. Now she will have time let a new deal with concessions bed in and hopefully achieve better results for the UK before an election. One other plus for her. The Tories will fight this election as the Brexit party and thus eat Ukips lunch. They are in a bit of disarray as it is so there is a good chance they are in for a tough election( ..aahh) . I know some might see this as a 2nd referendium but its not. That buttom has been pushed so 100% Brexit is happening. This is about the deal.. HARD or not so hard. From Mays position there isn't a whole lot of down site but plenty of potential up side. It may turn out to be a master stroke from her and to be honest I have a bit more respect for her political awareness than I did have. PS. Not sure where this leaves NI. It certainly seem to be low on May's priority list. Could there be a General election and a new power sharing election on the same day? Is that even possible? From a SF point of view that would suit grand rather than direct run. Not sure the Uk want to go back there either but Unionists might prefer that option
Came home today after a beautiful day on the course in ideal conditions - run on the ball, smooth greens and played quite well. Turned on the television and could not believe my ears - the news tonight has been entirely devoted to the tearing up of the Conservative legislation, which established five year terms for whichever party gains power - unless the Conservatives don't agree with it. I think Deadcat had it spot on - The City moving out into Europe has really concentrated minds - all those nice little part time numbers for half a footballers salary, will be hard to oporate when the recipient has first to fly to Frankfurt before he or she can clock on. The current inflation that appears to be tolerated by the government, is probably going to get worse if the present rate of growth in the economy cannot be maintained. This in spite of higher fuel duty being charged at the pumps, for a product currently trading at the same fifty dollars a barrel that it cost nearly forty years ago. What were we paying at the pump then? I frankly do not know what to make of this decision - but if it results in the loss of Boris I shall be delighted and there are a few others that I would not miss either. Problems Problems - In Northern Ireland - in the National Health Service - in Scotland - in The City - and all that is before we look at Brexit - North Korea and the increasing weakness becoming apparent in the economy and then there is the Middle East and its potential to flood Europe with migrants if the Turkish President opens the flood gates. All these problems have to be addressed or lived with - good government is required if the country is not to subside like a deflating balloon at a time when we are told that Europe is booming. Ireland looks blessed indeed from over here and good luck to it whilst our fearless leader is washing her hands like Pilate. Hope everyone had a good Easter.
referendum on the cards now...
on the rocks, l would say...
Wow, couple of big buys @ 35M shares each and then Teresa May calling an election !! Brexit might not happen yet :-)
https://www.theguardian.com/business/2013/mar/24/farewell-fsa-bleak-legacy-light-touch-regulator They have nothing to be high and mighty about! The failures in the UK regulatory system were astounding... Regardless they won't have to worry about it much longer as international financial firms are already in the process of rerouting their business through Euro based locations and are in the process of moving jobs out of the UK. Price rises in the shops are being avoided by shrinking the weight of goods inside the packaging... Housing market heading for trouble also..
The FT has always looked down its nose st anything Irish. So plse take with a pinch.