The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The article in the Indo seems to imply that it has been a recent accumulation. “now will eventually prove to have been a good time to buy””
Very positive I would have thought.
John Hume - Fully aware of how the market cap is calculated. AIB bas about 3 times more shareS in issue than BOI
Fontenoys ''AIB is also a great bet at half the price of BIRG'' didn't make any sense.
I believe BOI should have about the same valuation as AIB which would be equivalent to north of €6.00.
For some reason the BOI always seems to struggle. Hopefully this will change in the short term.
That was the point I was making. I don't believe what I said was too hard to understand.
Apologies if it was lost in translation.
Fontenoy - its the Market Capitalisation which is reflective of the value not the share price. AIB is valued at circa 35% more than BOI on current Market Caps. Hopefully BOI will make up some ground as progress is made on KBC/Davy/Dividend/Share Buyback. The July H1 results and update will hopefully get the BOI valuation closer to AIB. If so we would be looking at something north of €6.00
God you are painful.
Irish Renegade - surely you know at this stage that Silverhorse/Playing Cards is the same person??
Possibly FBS also.
Use the filter!!
I think you could say that was a good week overall for this old dog.
Very good. If not today it will be broken next week.
If they can acquire Davy, announce a share buyback in the middle of the year and the government ever leave us out of lockdown you could be looking at €5.50 to €6.00 by year end. Banks here are heavily capitalised.
Does anyone have a link to the Davy Morning Briefing for today. Naturally it was never updated on the RTE Brokers reports the one day that you want it. Share buyback would have to be a real positive if it happens.
Is there a way of checking if there are any shorts on BOI.
We could do with a GME situation here.......might be the only thing that will save us!!
The buys in the last few days massively outweigh the sells. Somebody is building a position here at a reasonable entry price. The share price is stuck at around the 3.40 level. I would expect to see an RNS in the next few days. Once this is complete the share price should move upwards again.
No problem - thanks Kenq.
Hi Kenq,
Do you have a link to that report?
SH - Where are you getting this info on progress in Brussels? Nothing in the media to suggest what you are saying.
Thought this might tank this morning with nervous investors. I guess its positive that it has held up.
If a deal is ever agreed where do we see this jumping to initially and conversely where would it drop to?
Silverhorse - if you say that everyday eventually you will be right!!
Norges Bank manages the government pension fund of Norway. Hopefully they are not just in for a quick kill like Blackrock. It augurs well if they are investing in BOI.
ECB signals lifting of ban on bank dividends next year in FT article. According to Goodbody we should see pay out again in Q122.
Does anybody realistically see this getting back towards €5.00 - €5.50 in the next 24 months post a Brexit deal and widespread vaccination?