Member Info for Joeoh33

Not long now….tick ….tick ….tick

GLA

*it’s not typical BOI behaviour

Flipping Buybacks again!

I would much prefer a dividend, anyone with their shares in a pension does not pay tax on dividends.

What happened to a share dividends as an income?

Still €1.3B returned seems high, it typical BOI behaviour…..

GLA

I suppose at this point any pretax figure less than €2.0B will tank the SP?

What would the after tax and levy be for €2.3B pretax, say €1.9B? So 40% would give us €760M to play about with….

GLA

John,

€13.96 would certainly be nice!

Maybe someday…..

GLA

Well Amigo’s, just back from the states, it’s really gone very expensive there over the period since C19.

No matter, we won’t have any money worries in 2 weeks once this FKIR delivers the fabled €2.3B!

GLA

Yank, the notion that AIB was stuffed with excess capital was dropped years ago? Any return s from AIB will be based on current results.

The fact that the Government still have a substantial stake in AIB acts as a counter weight to movements both up and down.

GLA

Yank

This current fall in the SP is not liked to a SF government, also, what social dividend are on about, BOI over re- payed their bailout?

The market is just doing its over dramatic stuff again, a constant churn is what it wants!

As for analysts - if they were right, what use would they be and how would the market function?

GLA

On the other hand…..

Markets Should Not Anticipate Rate Cuts in 2024: Holzmann

The prospect of ECB rate cuts in 2024 appears highly unlikely, according to Governing Council member Robert Holzmann. Speaking at the World Economic Forum...

GLA

I would say €500M/ 1.037B gives €0.47 a share?

GG - that would be €790M of a dividend. Much as I’d like it there is NO CHANCE that the BOI board would go with it!

GLA

On a more serious note, why are Irish bank stocks falling when interest rates are now likely to remain higher for longer?

GLA

Ah Radar don’t be so despairing of our little club.

It’s nice to an able to come here and give out about something we can do nothing about, it saves kicking the poor dog etc.

GLA

New Year but still has the same old weakness to factors that don’t make sense for an Irish domestic bank stuffed full of deposits.

Ah well, let’s hope for a quick sale of AIB and some stellar results next month!

GLA

Radar,

You are as usual bang on the money, however while the dosh may not be able to buy you time……it can sometimes buy you a good time!

Happy New Year and GLA

What’s up now?

Jesus Wept!

GLA

Uk £8.32

Irl €8.29

Should the euro / sterling difference now kick in?

GLA

Nobody told me there'd be days like these

Strange days indeed!

GLA

Strange Days indeed:

Stocks at record highs with interest rates at highest in decades, (but not historically).

What will happen when interest rates go down….stocks go even higher? Will the profits of some very highly priced stocks justify even more ludicrous SP’s?

The constant need for ultra low interest rates that has been baked in to economies since 2008 has to stop, if a business can’t survive in a 5% rate environment, it’s not really a proper business!

GLA

Speaking about “going for a Burton”, what’s up with Anglo American today?

GLA