Member Info for ashton

Just in case there is any confusion:

1. For "Pot-plant" please read a plant in a pot.
2. Article in Phoenix, the real issue the Dole debt level. It's not currently sitting in our balance sheet however the day may come.

Interesting article, Dole will turn out to be the deal of the century if the McCanns can turn it around, if not .............. Unfortunately I can't provide a link to the article.

Observe, wise words however in 10 years time I could be residing in Deansgrange :(

Currently €4.63, off low of €4.601. Has a crash-out BREXIT been fully priced in, looks not.

Just wondering, has anybody used Currencyfair?

Hi,

Went yesterday, good attendance, collect my pot-plant!

Good review of results & operations. Share price an issue, like us they would like to see it somewhat higher. When they did the Dole placing it was over-subscribed 5 times. If they decide to buy 100% they would consider going back to the shareholders. The reason for the placing was they they needed the funds very quickly and the advice was Placing rather than a Rights-issue

The top 3 concerns effecting the company (share price)are as follows:
International Trade issues (read Trumpy tariffs)
BREXIT (whats new?)
Russia (The Netherlands were exporting 10% of their horticultural produce to Russia, now Nil. Russia will not accept any produce from Europe)

Dole's business is weighed towards the 1st 1/2 of the year so we should have a better idea of progress when TOP release their interim results.

That's all I can think of at the moment.

GLTA

Share price in Dublin is €1.528 as I type, very disappointing. Hopefully there will be an update in the morning that may shed some light, we are down from a high of €2.57. Not Happy!

Planning to attend the meeting.

Hotdog, I use Banking365 which I find very good. Haven't used the Phone App. Theie IT should be fantastic considering the funds they have & are paying to update their systems.

The low in Dublin to-day was €4.704 (closed up on this figure) which is €0.1568 pre consolidation. I suspect an even lower figure will be tested in the coming days & weeks. Very disappointing. BREXIT has to be the most ill thought out plan since the Egyptions thought it was a good idea to presue the departing Isrealites.

It is reported in the Irish Times this morning that BIRG is planning a UK securitisation transaction of c.£2.27bn of UK mortgages, of which a benchmark will be sold to external investors. The mooted transaction is expected to translate into funds of c.£250-300million being raised. The article goes on to note that 91.37% of loans within this basket carry a AAA rating, while the remaining 8.63% carry no rating. While this expected transaction, given its size, will not move the dial materially from a funding costs perspective, it does represent stable long-term funding and serves to diversify the bank’s UK funding base.

Hotdog, you are correct, the government does need the money but would really sell their 14% off so cheaply? I hope not. There are so many very expensive projects in the pipeline, the few € they would get would be of very little help.

Observe, funny you should mention direct buys, I was thinking the same this morning. Why wouldn't they buy at current SP level? Some news in the next 6 weeks? GLTA

If its any consolation AIB are currently down more than BIRG.

€5.20 as I write, no sign of a floor, wouldn't be suprised if it went lower. All down to BREXIT uncertainty. It really is a mess. Very disappointing. GLTO

I wonder if the odd Remainer in NI also has an ROI passport?

I think by a small majority NI voted to remain. You could be forgiven for thinking otherwise.

I suspect after the elections when the Britain Govt go back looking to re-negotiate the 1st item on the EU agenda will be the border question. Will the EU throw ROI under the bus? I can't see the solution because even if Britain leaves without a deal they will still have to come back to sort out access, trade, money due to the EU etc.

Bronxville, interested to know why do you think the EU might budge?

Still here and still invested. It could be worse, could still have more shares in Vodafone.

I have been talking with a couple of people in BIRG, all positive (as they should be) It is all about BREXIT. I can't see the SP at 6.66 till there is certainty about BREXIT. Suspect there is still much mileage in that story. Pity. GLTA

The last big trade after the official close is listed as "404367 offbook out of market" Market closed to-day, Euronext closed for May 1st public holiday.