Member Info for Joeoh33

If I was asked to spin some reasonable good news into something negative, I would just ask the BOI investor relations team to do it……

Nice to see steady progress here, get the competition authority sorted and she will fly!

GLA

The perennial question…….

Is €14.00 a cash in figure?

A lot of chat in this weekends press about frothy stock markets etc.

Appreciate that I thought €9.00 was a good price!

GLA

I seen that Cooking, lack of supply? Affordability? Holidays? It seems strange as there is a real want in the country and the banks have plenty of capital to lend?

GLA

Or perhaps this RTE nugget:

New figures from the Central Bank today show that the number of home mortgage accounts in arrears for over 90 days at the end of June reached the lowest level since 2009.

The Central Bank said the number of principal dwelling house accounts in arrears over 90 days was 24,583 by the end of June - or 3.5% of all home accounts outstanding.

It noted that 75% of mortgage accounts in arrears over 90 days are held by non-banks.

Today's figures show that in annual terms, the number of home mortgage accounts in arrears over 90 days fell by 13%.

Maybe Zippay will bring us happiness?

GLA

Now we are over €13 again……

GLA

STP. I don’t disagree with any of that other than we aren’t above €13. Here’s hoping it will be by the end of the week and she stays up!

GLA

Looks like they are going to have a look into the deal, outcome in mid Oct. Hope it stands!

GLA

STP, not in Dublin it hasn’t!

However, latest Euro area inflation figures means no ECB rate reduction for a while 😄

GLA

The UK Banks are falling due to a policy change regarding windfall profits!!! Good grief!!!!

“Shares of UK lenders slumped after Chancellor of the Exchequer Rachel Reeves faced renewed calls to raise billions of pounds of much-needed revenue by imposing a windfall tax on banks.”

- Bloomberg

GLA

Fundamentals don’t seem to

matter these days?

Irish Banks down despite =>

From RTE today:

The value of mortgage approvals reached almost €1.8 billion in July which is the highest figure since 2011, according to latest figures from Banking & Payments Federation Ireland (BPFI).

GLA

€15.60 would be some lift from where we where when breaking €8.00 was a sensation!

GLA

Where to now…. What’s the next leg up with our oul FKIR, ECB holding rates for longer / indefinitely ?

BTW - Any reason Irish Banks are slipping today?

GLA

Ritchie, amazing idea! Do you think it will catch on?

GLA

Just needs a good run into 13…..

GLA

Now you’re COOKING! Rolling along nicely….next stop €14🤞

GLA

3.88% in Dublin

GLA

I won’t count on write backs given BOI’s determination to always be the best boys in class!

There’s conservative and then BOI…..

GLA

Add to that a clean bill of health on the EU stress tests and the inflationary pressures of the tariffs keeping interest rates up and we should surely see this FKIR ticking up?

GLA