Member Info for aclaw

.. a .12% is very good compared to other major banks.. some large americans have such a poor CET they are vulnerable ro any sudden financial mkt conditions.. CET is no excuse at all.. a few years ago the metrics for BOI were much less.. BOI was still trying the turn a profit and the sp was in the 30's.. when Ross was investor he was majority.. Ross sold and others like blackrock replaced Ross.. BOI was pushed down 50% for no reason.. the 14% govt ownership seems like the target.. the govt needs to police this share or they will never recover what they plan from this bailout program.. now BOI.. later AIB.. was waiting in the news regarding the reverse split but none at all..

.. barely a 2 page notification.. no mention of the reverse stock split.. of the ceo replacement.. of dividends.. an empty shell of a press conference .. other news mentions that a Baillie and Gifford from Scotland crossed the 3% ownership.. https://investorrelations.bankofireland.com

.. the £ doing much better v USD.. already in the 1.29 range..

.. game not over in france.. le pen is a very experienced politician.. has started running circles around macron.. if she drops her euro attacks .. backs off frexit.. she has a chance.. she did very well at the whirlpool washing machine factory in france today.. boi shareholders meeting this friday.. french election 2 sundays away..

maybe this nonsense will end with the reverse stock split. as long as it is a penny stock institutional investors will not buy.. after the institutionals buy .. they protect each other.. the board meeting this friday..

politicians invoicing voters before the vote.... few politicians are to be taken as serious .. some may have sold used cars at the lots before they became politicians

still has a last chance.. if le pen dropped the rhetoric of the euro and a. reverse..180.. of frexit she could beat macron.. le pen can run circles around macron as a politician.. but was poorly advised on numbers.. economics.. her weak point.. the golden rule for politicians is to leave the voters pockets alone .. politicians can't use the voters pockets .. money.. or they loose out.. it is enough for voters to spend their time voting.. another to send them an invoice before elections.. macron was smarter.. le pen lost a lot of votes for the euro and frexit issues.. le pen has 2 weeks to become suddenly smarter..

.. 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..

.. in NY Minister for Finance Michael Noonan arrived in Washington on Thursday and will lead the Irish delegation.

the lengthy process of approval by the ECB may force BOI to choose a replacement of Boucher soon.. https://www.bloomberg.com/news/articles/2017-04-05/bank-of-ireland-may-move-quickly-on-boucher-s-replacement-as-ceo

.. i will wait after april 28 for more updated information from BOI.. no sense arguing what has not taken place..

.. according to Irish Times the 25% goes for 3 billion.. that make the total initial valuation at 12 billion.. https://www.irishtimes.com/business/financial-services/government-expected-to-decide-on-aib-flotation-after-french-vote-1.3032659?mode=amp

BOI. is undervalued.. there is not a substantial difference in AIB or BOI as banks regarding quality or performance.. they are about wqual.. where does the 12 billion valuation come from for AIB.? is the asset quality and performance for AIB so much superior to BOI .. ? read the full financials for each and compare.. dont rely on newspapers or short broker summaries.. april 28 shareholders meeting is just around.. i still have boi and do not plan to sell for now.. have had boi since 2011 .. when it was considered a risky stock .. at about the same time Ross purchased.. the turnaround of BOI has been significant.. should continue. .

.. the 28th of april is just around the corner.. read the boi investor relations.. don't depend on the newspapers for the summary..

https://investorrelations.bankofireland.com/wp-content/assets/Governor-Letter-and-Notice-of-the-Annual-General-Court.pdf

.. well read the fine print at investor relation for boi and try to read in between the lines.. obviously you will have to wait until april 28 .. i knew a long time ago a reverse split would happen.. the extra 10% purchase by the govt is something unusual.. may you can figure that one out with your own mental clarity.. go ahead .. post something smart..

.. after the reverse stock split there will be 1billion shares vs. 32 billion.. the govt would own about 250 million shares out of the 1 billion shares.. if boi reached market par value with AIB this stock could be worth in a range of 12 - 14 € share.. add a dividend and the price will hold.. at the moment the valuation for boi is already 8 billion €.. or 8 € share. almost a total 1 € above the 7.05€ mentioned in these articles.. if boi reached par with aib the total valuation of boi would be 12 billion or 12 € share.. much higher than the 7.05 € share.. leamyk was right.. hold on to this stock

enourmous profits will be made in a short time with this maneuver .. total boi market value is 7.8 billion €.. AIB is being valued at 12 billion €.. BOI and AIB are about equal comparatively.. the govt goes back to owning 24% of BOI with this purchase back .. 10% and could sell this 24% stake for 3 billion € .. same as the AIB sale.. they could raise 6 billion € from the sale of the 25% stake in BOI and AIB in a few short months.. what has caused this situation is the shorting of BOI last year from .37 level to .16 level.. massive shorting.. the govt has probably realized what has happened and protecting their own interests.. highly unusual for the govt wanting to suddenly increase their share another 10% .. sonething is going.. april 28 is just around the corner..

... catching up the recent news.. there is talk of the reverse stock split 30:1.. with a new stock price valuation of $7.05 / share.. not mentioned is a resolution #7 filed by BOI which calls for the bank to purchase up to 10%.. or 3.2 billion shares.. this would bring total stock to a 30 billion level vs the 33. billion level .. at 30 to 1 that would leave 1 billion shares.... ........if the mkt now has a valuation of almost 8 billion the share price would be more like 8€ share.. if BOI were valued similar to AIB at 12 billion.. then the shares of BOI would be worth 12 €. each.. there is still substantial gain to be found for BOI when compared to AIB.... .. the govt owns 14%.. but with this talk of buying 10% by the govt.. they would own 24%... some large. fund may be trying to unload and may have made a deal to unload this 10%.. at a mkt value no higher than 5% price.. so the 7.05€ is probably low.. i would imagine news of a dividend at this meeting also.. https://www.google.com.pr/amp/s/www.irishtimes.com/business/financial-services/bank-of-ireland-to-shrink-number-of-shares-by-97-1.3032164%3Fmode%3Damp

no problem.. currencies are higher. .. euro and the pound higher today. £. recovering ..