Member Info for Joeoh33

That was a dumpster fire interview……should this company not just be a niche division of a proper company?

GLA

Riddle me this:

A company making €2B a year with a market cap of €8.5B.

What am I missing here?

GLA

Yeats, I wouldn’t sweat it, there is always some new horror story with BKIR, at least you saved yourself a few bob. Let’s hope this morning gives her a boost.

GLA

John, yes it’s probably not helping much but an over €2B drop in 6 months?

GLA

Ah John, I hope not! Good old fashioned dividends are surely the way to go…….?

GLA

Stick,

CF have traditionally always been a bit cooler on our lady, nice to see they have a realistic PT and one I personally would be very happy with!

GLA

Yeats,

I agree in actual returns the numbers put us back to a much better position than we where when the interest rates were on the floor and the SP wasn’t that far off where it is now.

However, the sentiment of buying into a company with diminishing profits is very difficult, the SP rising as profits fall is challenging…..

GLA

Yeats,

Crystal Ball time:

I think that as long as the direction of travel for interest rates is downward then this share will remain at it’s current level, rising after a cut and falling approaching an ECB meeting, so an appropriate 6 wk cycle. The level at which the ECB stop cutting will put a base on it. I am hoping they stop at 2-2.5% as it makes no sense to want Interest rates to be below your inflation target figure, that is what gets us into bother in the first place!

GLA

I doubt it Cooky, buying back 5% of our shares hasn’t stopped market sentiment moving the Sp which is all about interest rate cuts, the difference is we would have the half a billion in our pockets now rather than it disappearing with the falling SP……..ah well!

GLA

I am sooooooo glad we have spent what could have been our bumper dividend monies on pointless buybacks, the market has been sooooooo impressed with our Micky Mouse reduction in issued shares.

GLA

As I have said before my experience with Revolut and customer service was abysmal…..no way of contacting a human!

No problem with using them for pocket money and transfers to the kids etc. but not a serious bank.

GLA

Juicy indeed!

GLA

Well Radar…..our splendid dividends enticing you back on board?

GLA

According to the BP Davy’s have rerated the Irish banks given the speedier than anticipated ECB rate cuts as:

AIB - €6.20 to €6.10 on 7.1x earnings

BOI - €14.60 to €14.10 on 6.8x earnings

PTSB - who cares! But actually increasing their TP from €2.90 to €3.00.

GLA

Looks like we should have bailed into our local sandwich company, talk about playing a blinder, I have a small interest in the them and kicking myself for not getting into the return to the office bet, ah well…..

GLA

I wonder will it hold and go on to break 200?

GLA

What’s the feeling here a racing cert of 25 basis points cut on the 17/10 or an each way bet on a 50 basis cut to suit Ger / Fra?

PA - I am watching the racing from Longchamp!

GLA

Also, Ex Dividend date of 10/10/24, God help the SP after that!

GLA

I take your point and well timed! However, the market in this instance was 4.3m shares out of 1006m or so shares. A 6+% change in the sp was caused by the transaction of 0.43% of the shares etc….sentiment again.

I suppose this is just a bit of sour grapes on my end having hoped the bloody SP would hold above €10 at least!

GLA

Didn’t take long for this share to go from €10.60 to €9.35, a drop of €1.25 in two sessions.

It always seems perverse that a drop of 6+% can be precipitated with a volume of 4.3M shares bought/sold?

GLA