Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
@ Playingcards
I've just set my alarm for 2pm tomorrow... I don't want to miss out on the advice of a lifetime!!
I just don't know how I will manage to sleep tonight... this is soooo exciting to get an insight into how your mind works its financial wizardry!! I'm like a giddy kid here on Christmas eve!!
thanks radiobloke... I have read it now. Pretty much all as expected in the report.
@ Howth or anyone else who knows
Is this due out today? I couldn't find it this morning in the investor relations section or press releases. Possibly it's not out until the markets closes later. If it's out already an I have missed it can someone post a link please? Thank you.
@playingwithhimself - I didn't mean any offence... im not sure why your taking it personally. Hmmm ???
So which one of you guys made the big purchase today?
FBS, was it you??
4.05 to 4.87 current live price is beyond an exceptional an exceptional performance... its a real pleasure checking in on this one lately....
@playingcards
It was nothing to do with Einstein proving the earth was not flat. It was proven beyond doubt hundreds of years earlier with practical tests...
Einstein was known for his understanding of space and time and the effects of gravity on the solar system etc.
1m buy at 10.55am today. A nice vote of confidence in AIB.
I'm sure it does imply that alright. If I had that many shares as an institutional investor I would also vaguely "imply" (but not make a false claim) that my average price was closer to the current market share price too even if my real average was €2.50. I have plenty of very wealthy friends/business associates and I've have ever had one of them tell me straight out that they are making a fortune in business but will always nod and say that Business is not bad etc. When I look at their books for business reasons/credit checks etc they more than often turn out to be doing extremely well.
It would be very interesting to know what their average price is for birg.... when did they start acquiring shares in birg, starting pre covid or all on the cheap post covid/brexit uncertainty... doubt the 31m shares that they have acquired were in the last few weeks.
Positive news no matter what way you look at it. Great to see big institutions showing their support, always helps move an s.p North. GLA.
@Huldini
3.50 is my actual average for AIB.
I used BIRG to average down my banking shares so I am well back in profit overall when BIRG is factored into my portfolio but I refuse to accept the loss on AIB... I will get my money back on them but I have a while to wait before that day. I was too slow to react to the effects of a possible hard brexit on AIB and then covid hit... I knew better and still didn't sell so hands up I made amateur mistake their but its a lesson learned the hard way. I'm more clinical now in my thinking.
The day I hit breakeven point with my AIB shares is the day that they will be sold....
Hopefully the SP will continue to improve and that day comes sooner rather than later. The large stake (72% ) still owned by the government is not doing much to attract investment from larger institutions. A buy back of shares by the bank would help move the S.P but I'm not sure how likely that outcome would be. Still its in better shape now than 6ish months ago... it was very depressing looking at the SP below €1.00
Hopefully it will drag AIB along behind it...
90% probability is a big claim... not sure what their track record is like but its very interesting none the less. To break the €6 mark so soon would be amazing but we will have to wait and see. Charting is not always quite so accurate but fingers crossed its spot on this time. Ill definitely be popping champagne if we break €6.... that milestone would be well worth celebrating!!
I wouldn't focus too much attention to Blackrock increasing or decreasing its stake in BIRG. While their posturing has often caused movement to the share price there is nothing new about them adjusting their stake in this bank... and most of us will never understand the exact reasons behind same.
KBC, Davys, possible dividends, interest rate changes, restrictions easing as vaccinations roll out, positive lending figures etc are all the big factors to effect this one. Its crazy to think that only approx. 6 months ago we were all looking at a share price of 1.70ish. Thankfully a lot of things have changed for the positive since then and we have moved north quite a bit. Sentiment is very good too and forecasts by the majority of analysts makes for pleasant reading.
@fontenoy
Sometime it's worth highlighting the rubbish on this board in the vein hope that exposure will stop or reduce the crazy posts. If you post rubbish then expect to be called out on it. They are regularly giving bad advice to people on this board who are less experienced investors and its important for those concerned to realise that some posters are not the experts they claim to be and in turn their advice is not worth always listening too.
It's normal to have a low tolerance for bull****... :o)
SH - First of all 50 miles in 2 hours is almost twice as fast as the world record holder ya clown. Secondly if you are going to quote someone else please credit them for there work instead of your usual plagiarism. Scroll to the 'Bottom Line' of this article for the original comment which SH has copied - https://www.investing.com/analysis/bank-stocks-are-on-fire-is-it-too-late-to-buy-them-200569053
I have cut and paste it for a quick reference here -
"Bottom Line
Bank stocks, even after their powerful run in 2021, continue to look attractive with many macro trends remaining favorable for their business in the post-pandemic economic recovery. That said, investors who want some banking exposure in their portfolios are better off sticking with solid names, like JPM, Goldman Sachs and Bank of America, due to their diversified portfolios and stronger balance sheets"
As for Playingcards - you are an absolute clown. Even your alterego SH doesnt interact with you on this board. Your head is so far up silverhorse's a$$ it must makes for such uncomfortable reading for everyone else.
Have ye no shame or embarrassment at all? The complete and utter drivel on a daily basis resemble the ramblings of insanity rather thank knowledge. Honestly, I think ye need to seek professional help... that's not an insult, it's a genuine observation/opinion.
@playingcards
I'm embarrassed for you after your last post. I will now hang my head in shame on your behalf....
It must be difficult remembering who you are all the time when you have at least 3 different alter egos!! ;o)