RE: aps / dublinroy29 Oct 2017 16:04
Hi 2CV,
Am Still on Kansas City and no plans on leaving. tomorrow I am 20 years a US citizen and in June I will have spent 40 years in the US.
I am still as confused as ever by our FKIR. I still maintain that ultimately the Brexit effect on it will be minor. Assuming it happens BoI will have a business in Ireland that will do well and a separate business in UK that will do well. I fully understand that the effect on Irish economy could be large given that out of our 10 largest industries, UK is our largest trading partner in 7 of those. Nevertheless all these things will be worked through ny individuals who need to find different markets for their goods.
Yes it will be a choppy few years but I still believe all will be fine in the end.
The other thing I find unusual about the comments on the board is all the talk about "fixing" the share price. At one stage the believe was that after a reverse split all this manipulation would stop. Net result as far as I see is we have exactly the same movement in the share price. Ultimately there are buyers and sellers.
Glad to see we dont seem to have been hurt by tracker stuff. I think it was the worry about it that drove the share down so much.
Much has been made of the hurricane in Ireland. People do not know enough about their history. Ireland gets them every 60 +/- years
As you can see I dont post much these days. Thankfully I am busy with the construction work. Certainly still a long way from making any money with this stock but, at the end of the day, I am hoping not to need this money for years to come and by then Banks will hopefuly no longer have PE ratios of 1.0 ish
Good luck all