The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Good to see this company changing course & heading green, battery storage energy sectors. Although the oil sector is in an upward trend at the moment it tends to be a more volitile sector. BP heading green & many will follow in the future. GLA & I can see more climbing on-board next week. It's a MUST.
Excellent news indeed. Acacia proffessional services on-board locked in for 6 mths. Focus on energy stortage/battery value chain. This can only be seen as a very positive move that will lead to an acquisition sooner than later IMO. GLA & enjoy the rest of your day.
Self acclaimed dynamic BOD with worldwide contacts. Yeah right ! I can honestly say I've never picked a dud company in 35 years of investing, Do not let this one be the first. Yeah right ! GLA all & hopefully a very favourable RNS will appear soon.
C'mon BOD a little update is needed here.! I know silence is "golden" .... but not in this case.
I believe in Chris Frazer getting this job done. The sheer grit and determination of this Australian tough cookie will see it through at all costs. This is his baby, he started this project and will finish it.
I lived in OZ as a £10 pom in the 1950's through to mid 1970's. Worked in Cooper Pedy, the outback opal mining town in temps in mid 40c. The true blue Aussies are a breed of their own, once they get a bite, they never ever let go and CF is no exception.
Yep , no othe share like it . Very unpredictable is our BOI share , it can gain a big margin and lose a big margin in a heartbeat and for no apparent reason too. The timing is crucial , unfortunately not many get it right . Its not even a good long term share . Must settle for 10 - 15 % gain then out , cant be greedy here .
Continuation. ... I will buy again but only when Brexit is done and dusted when I believe so will bottom out . With this share must get in cheap and settle for a smaller profit otherwise get bitten . Apoligies for the long post , just my pennies worth .
Could a no deal Brexit have dire consequences on the UK and Irish economies. Politicians and economists certainly think so.
Why? The first hit would be imports and exports to the EU with no guarantees of continuity and contractual obligations being fulfilled. Import and export charges could rocket . Businesses would slump and some fold.
Unfortunately, this with other negatives could mean severe job losses in both UK and Ireland, the economy would shrink more and interest rates would drop even further.
Most banks in general survive extremely well in a buoyant economy, primarily lending to businesses, developments and infrastructure.
A sluggish economy with high unemployment and slow growth is, as we all know, is detrimental to any country and most certainly will affect any bank profitability and share price.
BOI has a lot of exposure to the UK and it's pre tax profit margin is down 13%.
It's worth remembering that not all economists are doomsters , admitedly some err on the side of caution but are paid to analyse the facts, strategic recommendations to avoid, figures, past trends
and much much more making any future forecast.
I agree whole heartedly, a no deal Brexit would be absolutely detrimental to our already slowing economy. Markets and shares will drop accordingly, cant be avoided. As global economies as a whole are suffering at this given time, some countries bordering on a recession, a no deal could just tip us there.
If the UK leaves with a deal, this share will climb again, albeit slowly as economies improve. But €7-8 soon, impossible to happen.
In the meantime world markets suffer. Banks in particular have been hit. If markets rise a little so will this share as seen Friday past and possibly little more until nearer a Brexit finali then I fear this will slump again.
Many of us have a portfolio of shares. BOI I feel is always unpredictable, like no other I've seen. Being a highly traded share, the Sp can drop and rise fairly rapidly to a certain degree but percentage wise has dropped more than other banks, almost free falling at one stage.
The P/E at 7.67 is not great but in tune with other banks so why the huge panic ?
Unfortunately, panic is engrained from past events with this Bank where many investors foolishly hung on far too long in believe the freefalling share would suffice and miraculously recover quickly. It just dosen't happen like that.
To witness their once multiple euro share erode to cents left a bad taste, as to be expected.
I believe this bank in the Past was never really truthful about its financial situation, almost promoting an optimistic forecast when in reality were heading for dire straits .
The absolute gall of them having a rights issue too, making it virtually impossible not to honour or loose out. Then in due course, not so long afterwards, on the bones of their arse yet once again, barely averting total collapse with , wait for it, a closing price of a meagre 8 cents.
I will bu