Member Info for Irish_Renegade

Massive overreaction... screaming buy for someone looking to make a quick 10% and then sell. I'm not invested... have moved every cent into AI stocks otherwise I'd be in and out on this and happy with the quick return.

Still a lot of squabbling on the board... frustration that no-one is able to predict it perfectly. Have people forgotten that shares don't follow normal patterns?? Algorithms rule now... stop fighting and try and find good entry points and trade your shares... in and out on this one or else just hold and stop watching it constantly and tune back in a few months or years later... arguing who is right is pointless.... no one is right... that is the most obvious. Algorithms are designed to cause confusion in the market and encourage selling and then the buys fly in and up she goes... small fish will never move this one up or down... when you take a step back its so much clearer.

Thank you.... I appreciate the info from user experience.

Hi, I'm thinking of switching to Degiro going forward. I'm curious if any of you are currently using that platform and what your feedback it. Thank you.

If Blackrock hold 9.97% or 8.99% for arguments sake and they start selling. At what threshold are they required to issue an RNS. Is it a when a certain number of shares offloaded or is it when they bring their holding under the next percentage like 9.97% reduced to 8.99% requires an RNS. If so, it this the case for every percentage that they cross both (for increases in holding as well as decreases) or is there a scale that someone can share please. Thank you.

100% Blackam77 is a duplicate account...

I'm Brian and so is my wife!!

Thanks John... I had 8.20 marked as a potential entry but it's obviously complete speculation as the fear factor is entering the market.

@cooking - Have you any opinion on where this may go to in terms of the S.P?

@johnhume

Hi John, I have been watching this closely of late and I am considering a re-entry into BIRG. Personally how far do you see this fall going? I might be wrong but previously I think you mentioned the 8.50 figure but that may have been before SVB situation. This week I thought it would potentially go further than that but the markets seemed to disagree yesterday, and now this morning it looks like it very well might fall more. I am considering entering in two stages. What price would you see as value with the current market conditions? Other opinions welcome.

I would have thought an 8% drop in the S.P would be acceptable to most holders provided a decent dividend was on the horizon...

This share reminds me of the Chumbawamba song....

"I get knocked down, but I get up again
You are never gonna keep me down"

Shane Ross is great at criticising but when it comes down to it and he was supposed to stand up and be counted his disastrous handling of the Olympics scandal and transport strikes is what he will be remembered for. How f##@ing tactless can you be when he was in minister for transport on the eve of rail strike and people had no idea how they would manage to get to work the next morning his priority was to tweet about the Man United match??? Talk about being out of touch with reality and a disgrace to the people who voted for him.

@stickytoffeepudd

Only a month ago you said:
"If it his 12 euros I will be going from a five digit sum to a six digit sum invested in here."

Now your claiming @ €9.82 you have moved into six figures!!

I'm curious as to what the general consensus is with this one for the short term (say the next 6 months or so to allow for results, rate hikes and dividend announcements etc or general conditions potentially changing in our national economy.

Are others thinking:

A rise to 10.00 and stabilise
continue to stay around 9.00 but no retrace
retrace towards 8.00
Move closer towards 11.00 and hold

Personally I couldn't predict this one as I felt it had accelerated so promptly that a retrace/profit taking was a strong possibility. On the other hand I would not have been completely shocked if it rose to 10.50 mark on the strength of the next couple of rate hikes and a decent dividend being announced. I would be interested in hearing other opinions.

I have sold all of my holdings this week. I'd like to genuinely wish everyone still holding BIRG the very best of luck going forward.

09-Jan-23 11:59:41 7.7233 131,468 Unknown* 9.326 9.47 1m
and the same again at approx 12.06...

Both recorded as ordinary trades but with a trade price of 7.72...

Anyone any ideas?

It's worth highlighting that when comparing 2018 figures across the European banking sector against the Irish banking sector and comparing them to today's share prices that you haven't mentioned Brexit and the potential effect it had on BIRG with all the uncertainty. Also comparing today's BIRG v the 2018 BIRG is almost like comparing 2 different companies at this stage for all of the reasons mentioned previously... the Irish banking sector is now chalk and cheese compared to 2018.

I swore at sub €2 I'd sell my BIRG shares if they ever saw €8... haven't sold them yet either. Seems like there is still a road to travel with those too. A meaningful dividend seems likely in the not too distant future which will be well received.

Yeah, the fun is in the chase. :o)

You must be close to being back in the black on this one? My AIB shares finally broke even today.... i just opened a very nice bottle of white to celebrate.