Member Info for Hotdog1

Ranger - your 100% correct.

In the mean time down another 6%. Total horror show that really hasn’t begun

CET1 requirement of 11.45 Is laughable at this stage- how do you catch a falling star ?

What happens if they go to 1€ ? That’s a negative price since the share split ? You couldn’t make it up tbh. Surely the price is there for the pond feeders like BRock to launch a buy out ?

Impairments - this doesn’t reflect what’s on the horizon as I have said time and time again. John is spot on in his assessment. An absolute wipe out of wealth in on the horizon imo.

This banks woes are only starting as it deals with the post covid economic repercussions. Collapsed business loans, home mortgages in tatters, default all round etc. The price reflects a sh/t show. Last year these variables were not factored in. The bank is lunch drink imo like all financial institution’s not knowing how severe the road is ahead . That’s my read on where we are at .

We are now at the bottom of the barrel. Anything can happen now. Just sayin......

Q2/3 2021 I meant to say

Who knows John, currently the sp at sea with limited rudder and an engine burning oil. Fingers crossed but for me business wise 2020 is a write off and Q2/Q3 is daylight

John46 - agree re Davy’s - waffle and blister out of them. 1€ ? I think we have reached rock bottom and am sorely tempted now .... €1 and surely it’s all over for the bank. It’s trading on fresh air as it is

The bank maybe as such healthy now but wait till the defaults hit with failed businesses and domestic mortgages. This is not makie up stuff but reality, banks are going to be exposed to a tsunami of defaults - how this will be addressed on a global basis is anyone’s guess at this juncture

I’m glad to see some realism been posted.

Fair play Leamyk called it .... !

Well said - with you all the way in your thoughts

Icarus - fortune favours the brave - the upswings could be massive when things settle so could the down swings. As I said previously I’m prepared to let the those with platinum ball bearings dive and am prepared to see a 30/40% upswing before I saddle up again. My only concern now is liquidity in the financial system or lack off. Medical pandemics quickly turn into financial pandemics.
Be safe all that’s the most important thing and if we all are still standing after this well we’ll fight another day.

Those in denial that this bank could end up somewhat in govt hands with their (massive) capital they are sitting on are sadly deluded. This bank line all banks are in dire straits due the world economies in dire straits. Every business is affected - there will be mass business closures post this event together with biblical loan default from all quadrants of communities be it business or private individuals. I see it myself on a tiny micro level where a colleague manages a high end apartment block..... 85% of tenants now not paying due inability to pay ..... people are protective what’s left of their cash resources and are defaulting imo. Who knows where this will go and when it will end but I do know the BKIR share price for me is assigned to the scrap book. It’s truly awful out there.

Irish bob- unfortunately nothing is quantifiable now until we get some semblance of Recovery. We are now in the vortex of the 19 tornado - what way it spits us out is anyone’s guess

Nice sentiments but until there’s a vaccination we are fughed. Cash is king .....

Until we know for definite where we are re the US any gains could tumble back down in a heart beat . I’m staying out until there’s some definitive and will gladly miss the initial 20/30% upswing and joint the party after.

Thanks John