Member Info for johnhume

Cuckoo,

would strongly recommend that you google the term "volatility". a week is a long time in politics and 6.5 weeks is longer in the market.less than a month ago BIRG traded at 8.92 (26/3) and as low as 7.92 on 26/2.

As regards "crystal clear" google states "ECB rates COULD be cut in June. You should also google "could" and you will find it's definition is very different to WILL. In fact their comments are on a par with those issued on 19/4 by the President and Governing Council of the ECB. So much could happen in coming 6.5 weeks to adjust the ECB mindset. Ukraine/Middle East tensions could escalate - oil /energy prices could escalate - you might cease looking through the rear view mirror . As regards a week being a long time in politics , less than a week ago you called me out for being "not fair when stopping/advising a poster not to sell at 10.12 " on same day you posted "... dont sell at 10.12 -go up another 50c, unfortunately currently at 9.55" Make your mind up as the song goes.

BIRG have bought back 16,176,435 shares as on the 18 April at a cost of €147,147,857. Average daily volume = 462,183 at average daily cost of €4,204,224.Balance available for buy backs = €372,852,143..

Between today and ex div date of 11 May there are 14 trading days so am assuming a buy back total of c 7 million shares at an assumed cost of little under €70 million leaving a balance of c.€300million for buy backs post ex div date. ie 30million shares approx to be bought back prior to release of H1 24 results in July so the buy back ante to be raised.

Divs applicable to c.23 million shares ( 16,176345 plus 7mill) = 13,905,807.

According To Christine Lagarde today - "Euro zone inflation is likely to decline further and the ECB MAY apply the scissors to interest rates if it's long standing price growth criteria are met ".

At the same time it's Governing Council is NOT PRECOMMITTING to a particular rate path " Lagarde said.REPEATING the Bank's most recent guidance.

Risks to the inflation outlook are 2 sided she said - upside risks include heightened geopolitical tensions as well as higher wage growth and more resilient profit margins.

So , Cuckoo, you may read between the lines, above the lines , below the lines or even the lines themselves but I for one cannot see any reference to it being CRYSTAL CLEAR that the scissors SHALL be applied in June with a further scissors application in July. Later I shall reexamine the comments of the ECB President and it's Governing Council through the eyes of an Eagle.

AIB up 14.6% since going ex div.would be nice if BIRG appreciated 50% of that following ex div.

The 14mill saving on div payments going to reserves will help.

Cuckoo,

I fully appreciate the fact that when you are not camped in other birds nests you are in the air beneath the clouds with the benefit of bird's eye view of events.However you are not blessed with the eyes of an eagle.

Also,while you may post that the ECB is "Crystal Clear" on a June rate cut I have never known the ECB or the BOE or the FED to make SPECIFIC comment on future rate movement(s) as their language is in the form of "may" or "might" etc leaving their future options open and LEAVING YOU TO READ BETWEEN THE LINES.

The FED'S ongoing fight against inflation could take longer than expected with 1 FED Policymaker suggesting rates could remain at their current levels until 2025.

According to top ECB official prospect for use of interest scissors in June assumes no further set backs in the geopolitical situation affecting energy prices and other inflationary factors.

British price inflation slowed by less than expected to 3.2% in March when the BOE had forecast a drop to 3.1%. The BOE is likely to want more conclusive evidence that a sustainable return to the target level of 2% has been achieved before they pivot to further use of the scissors.

So the Cuckoo is 100% certain that the scissors will be put to good use by June 6 following ECB meeting. My feeling ,as it was towards close of 23, is that it is even steven at the moment but if the geopolitical situation deteriorates , as mentioned by ECB official, the scissors may not be used in 24.

I am sure the Board will be delighted to see you are finally converted to Inspector Clouseau's philosophy with more visionary use of the front window and less of the rear view mirror. Your concern for a fellow poster is very touching and heart warming. It is so heart felt would not be surprised if you went wailing to Mama. However our fellow poster may take comfort when BIRG hits 10.5 or thereabouts before the scissors is plunged into the interest heart.

Cuckoo,

fyi I have NEVER had a post deleted on any LSE board , so you had better look elsewhere for your culprit but why anyone would wish to delete it is beyond me .

Cuckoo's patience is as limited as the brains in his cuckoo sized brain. You may be accustomed to climbing ladders but the market keeps away from ladders.BIRG also traded at 9.74 today and the SP readily varies by up to 3% daily. Very comfortable with seeing BIRG hitting 10,12 plus 50c in coming weeks .It traded at 8.92 on 26 march - 8.80 on 20 march - 10.12 on 10 april.Appreciate Iran etc may put a spanner in the works but ceteris paribus 10.12 plus 50c would not make financial headlines.

Next meeting of ECB = 6 June while BOE =9 May - Fed = 30 April/1 May. As you should be aware , being the IC interest rate spokesman, when speaking of the timing of interest rate movement you refer to the end of the month rather than the beginning.Hence reference to interest rate movement for June the reference point being end of June rather than the beginning. Similarly with march /september etc.

You continue to be very quiet on whether or not interest rate reductions will come into play in June and if there are reductions where will they apply -ECB or BOE or FED - or all equally. What do you expect to roll out from BOE meeting on 9 May and FED on 30 April/1 May and how they will influence the ECB.

Hopefully your predictions will be more accurate than your BIRG predictions for 26 February.

Down 10.95% today on your WOW price Doomster.

when is the magic turnaround. probably waiting on you to deramp it.

Down 10.95

Doomster

starting to look serious - DOWN 8.75% in 5 days on your WOW price. Crying Boohoo coming into play.

Some things never change with the Cuckoo still exercising literally the communication skills of a cuckoo.

Any possibility that that you might elaborate on your communication skill relating to "rates being gone for a Burton "

- have rates being extinguished ?

- have the ECB applied the scissors instruement to rates ?

- have the rates taken the upward journey to the stars ?

I note ,however, that your prediction -ie the one you stuffed down our throats towards the end of 2023 _- that the scissors would be applied with a vengeance in march 2024 has never materialised. Do you envisage the scissors being applied before June 2024. If so, will it be applied to the ECB or BOE or FED or to all 3 simultaneously. Is your position as interest rate spokesman for IC under threat.

Looking forward to receiving your front window viewpoint as opposed to the rear view history.

Doomster,

now down 7.76% on your WOW price

Whenever you ramp a stock the SP tumbles and vice versa.

" I am not advising anyone... "

So what is your purpose/objective in posting on a public board - are you talking to yourself in your cuckoo sized head.

As regards the Ryanair Board - relates simply to the occassional post highlighting to the Doomster that he and the market enjoy a perfect negative correlation ship.

The Narcissist,

Doomster,

If you are genuinely interested in future prospects of Boo SP you should keep away from posting.

on 8 april you post " wow nice rise today turnaround looks good for the future ".

Boo closes on 12 april at 35.30p - DOWN 5.55% on your WOW price. That is what you call a turnaround !!.

So, Cuckoo, are you advising the board that you have graduated to macro management with the micro stuff for the birds.

Yes BIRG have stated they are allocating 520mill to buy backs so some posters are interested how this progresses with the hope this will be concluded prior to release of 2024 H2 results at which stage the big question is whether they will allocate the balance of 480mill towards additional buy backs in the run to 23 December 2024 ,in line with AIB's 2024 buy back programme, and which they received shareholder approval to do at 2023 AGM.

As regards buy backs on 12 April read all about it on monday's RNS.

GG,

I reckon just over 392mill ( as of evening of 11 april) still available for buy backs so no additional zero.

Doomster,

your silence is deafening on BIRG breaking through the €10 barrier. always a rracing certainty they would achieve this years ahead of Boo hitting 60p. Mikey should hit €25 this year while the Boo languish in the mid 30s.

So you believe the derampers are idiots. How would you classify T4G aka BFD aka Jeremy P ,.SCB and yourself who have been ramping the Boo for last 4 years while they HAVE PLUMETTED from 400p down to 29p. Who REALLY are the IDIOTS..You bring a new dimension to CRYING WOLF. Perhaps should be rechristened CRYING BOO.

I understand Beds are FREELY available in Alcudia at this time of year, being the off season.

Good recovery in sp this am.

buy back now totals 14,189,435 shares with voting rights now totalling 1,044,324,000 and a balance of 392,263,100 available for buy backs which should leave voting rights of little over 1 billion on buy back completion.

GG,

Seeing AIB have hit 5.08 seriously considering unloading at least 50% of holding at that level as with the 26.5c div gives overall 5.35 which is above lot of analysts TP. As posted before they should go ex div more often seeing the SP has only taken off since going ex div.

Not inclined to sell BIRG just yet as I believe another 50c in them considering the large differential in the respective mkt caps of AIB and BIRG which I believe should narrow in BIRG's favour , appreciating that a drop in AIB SP relative to BIRG will also reduce differential.

Doomster,

see you are getting excited on the Boo board with the SP rising from 36p to 36.75p !!! - " wow,turnaround looks good for the future" brings to mind your posts " this will recover to 400p !!!"

With you once more singing it,s praises it is a racing certainty the Boo SP will resume it's downward trend tomorrow.

Sloopy,

never removed a post on lse.

Doomster,

see how the cream always rises to the top. The BIRG now hitting €10 and RBC, along with other brokers, now putting €25 on the world's most valuable airline.

Now what is happening to your starstudded Boohoo ? is this 60p another example of your pure fiction .

BIRG P/E per Market Screener = 6.62. AIB = 6.2929 per Davy.

AIB SP on 20/3 immediately prior to going ex div was 4.69 and now 4.95. Is promise of 1 Bn buy back taking effect.