Member Info for Congemi

To the Central Bank.. To whom it may concern, I would like to put it on the record that I am a shareholder in Bank of Ireland. I have contacted a lawyer and certain TD' s in the Dail. I have recently heard that the CEO of Bank of Ireland will be working for Prem Watsa when he steps down as CEO. In my opinion this relationships is a very cosy as Mr.Watsa has a strategic interest in Bank of Ireland. Im also perplexed that our Department of Finance is selling shares of Allied Irish Banks to shareholder at a minimum market cap valuation of €12.4 euros. This is a company that will still be 75% owned by the Irish Government for the foreseeable future.In contrast Bank of Ireland has a market cap of €7.2 billion euros that is only 14% owned by the state.Who is buying into Allied Irish Banks relisting? Irish pension funds? There is something drastically out of whack in the valuations and I fear that that if the Bank of Ireland valuation is right the Irish public will lose again just like Eircom. I have also tried to follow the trading patterns of Bank of Ireland on the Irish Stock Exchange and the English Stock Exchange and I think there is collusion to drive the price down. I have contacted John Batt and Aidan Cronin in Regulatory at the Irish Stock Exchange about this. Im not exactly sure who is going to read this or where it will be directed but I very much would like a reply. Thanking you, Sincerely,

To Bank of Ireland Investor Relations To who it may concern, It has come to my attention recently that Mr.Boucher is on his way to work for Prem Watsa after he steps down from his position at Bank of Ireland.I have contacted the Department of Finance and the Central Bank about this cosy relationship. I am also perplexed with the recent drop in the share price of Bank of Ireland and the valuation compared to its contemporary Allied Irish Bank. I'm looking at market cap valuations and I'm flabbergasted that Allied Irish Bank is valued at €5 billion more than Bank or Ireland.Why would this be?It is interesting Davy stockbrokers represents both companies. I still have not fully figured out what's going on but I smell a rat. Thanking you, Sincerely

Don't know who scooped up AIB but I'm willing to bet it's domestic.

Man I'd love if an American bank bought us. Bring it on

Whats your theory behind that? The bank is acquiring assets and looking to aquire more asset NOT selling! The new CEO knows the UK better than any banking CEO Why would she sell?

Ranger..he should re-release that warning

last Tuesday.No Reply Dear Mr.Donnelly, I am very concerned about the future relisting of AIB and the valuation of €12 billion.The valuation makes no sense compared to the valuation of Bank of Ireland which as of today is just above €7 Billion.I'm very worried that Irish pension funds will pile into AIB at an inflated price and Goldman Sachs and Blackrock will short it from the beginning. It is my opinion that BOI is strategically the better bank and is only 14% owned by the Irish state as opposed to AIB which will be 75% owned for the foreseeable future.As a businessman you do know that large investors do not like to invest in state owned companies. Stephen if they do get it off with the said valuation I think it will be a complete disaster for Irish Pension Funds. Thanking you, Sincerely,

Big volume

I would guess Irish pension funds.

No John BOI has a price to book of 82 At 12 billion AIB will be 1.05 I'll be shorting when the dust settles on the ipo

AIB market cap €12 billion. BOI market cap €7.5 billion. Doesn't add up to me. What's your reasoning?

Every bank rallying with the exception of BOI.

Lower end still values 30% lower than AIB a bank still 75% owned by the state.

AIB valuation

As of now I am trying to focus on a different route. The Irish regulators have no clue and I have been in contact with ISE,Finance Dept,Central Bank,BOI. It's very hard to prove manipulation! Right now I'm focusing on the difference in valuation of BOI and the 12 bil valuation of AIB. I'm trying to inform TD's that something is out of whack and that Irish Pension funds will lose a fortune if AIB is priced too high.

I should say call him while he still has a job... The feedback I have gotten back from a certain TD has been very positive.

I urge everyone to call Mr Aidan Cronin (01) 6175169 on the Irish Stock Exchange.

LOL.Qatar is a small fish. House of Saud is the elephant in the room. Looks like they did a deal with Trump to fool the ignorant masses.

Torquay Basher al-Assad was until the West and the Saudi axis of evil started meddling in his country. Gadaffi had turned as well but the US wanted it's pound of flesh. And we wonder why radicals are killing our children!!. On a separate note not one mention of the valuation difference between AIB and BOI in the Irish Sunday business rags.

Is it more stupidity? All our pensions funds are going to absorb most of the AIB IPO.I definately see Goldman and Blackrock on the other side of the trade.