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The market is fleeing for the hills now. I fear Leaktak the resident prophet of doom here is spot on.... 2€ it could easily get to. It’s in utter free fall now, not because of its current earnings but it’s projected earnings with a hard brexit. The property crash 15 years ago which Ire never recovered fully will be like a tremor compared to a full on earth quake re a hard brexit. Both sides are more entrenched than ever , all the old hatred and bile is being spewed out again. I thought his bank would be ripe for a predatory take over at these levels but the sharks and pond feeders will be waiting in the 2’s to strike. It’s scary stuff and I have written off this share as a bonus if ever it surfaces again. We had all such high hopes but tsunami and tsunami has finished it
Get over yourself trying to pick crumbs from a web. You above all are a well recognized long term bell end plonker type contributor here that dwells on minutiae of others as against the big picture. Bringing a water gun to a gun fight is ill advised.
I haven’t sold Torq so there’s no misfortune- have made good in other areas. For me my kids can inherit this bucket or i can sell and offset the capital losses against gains elsewhere so it’s not all morbid. I repeat especially for Radars benefit who comes across beyond bitter and sour that losses are part of life but when you dont have your health well it means nothing. I have lost millions from the boom which i’ll never recover, was very close to bankruptcy and yet battled my way through refusing to throw in the towel. I’m still alive and get up everyday with a smile albeit a poorer one. I remember buying into this share when it was at its peak in the boom.....talk about backing a horse in reverse:) . I still for some perverse reason keep an eye on BOI maybe because it’s just cheap beyond abandon and if I had the wedge as i used to have i’d be scooping this share up as a punt. Good luck and have a nice weekend
say something constructive but being a smart alex grade A bell end adds nothing. I feel u have lost ur shirt here, I have lost over 300k if i sell this piece of sh/te but i have my health which is my wealth. Cop on son, we are all hurting .
the share that keeps on giving :) total donkey but very interested re forthcoming results. What’s the most depressing thing is they probably will have robust earnings and the share will plummet as per usual..... the sp as i said before is linked to the hip with brexit. The two plonkers going for PM rattling in about hard brexit depresses me. Such dangerous talk.
so those €1bn profits are bullish/t and a smoke screen? That said something is very wrong with this share, the market has abandoned it to the sharks to play with and Radar is right in many ways- big gun institutional investors are focused elsewhere and have no interest in pond feeding or draining the swamp here it seems.......yet
re take over - 100% agree- it’s take out time imo and have always maintained this opinion. Now the question has to be asked are the so called “manipulators” ready to pounce? This is a company making €1b profits p/a, has the market cornered in Ireland as a de facto duopoly, yes a lot of exposure in the uk but bang for book is utterly a give away now are am I being delusional ?
the ole nugget of €8 arises and 5 years forward .... i’m resigned to my wife or kids taking this junk share. What annoys me most is i stuck with the rotter thinking it would come good. It’s a ball of shoite but still making profits- i’ll take the 6k next week but if u can afford to stick with it - hold firm. greeting from the windy city