The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yes they would not de list and wipe out share holders, which is true, it much to big to fail, so now its being moved to another stock exchange, its still in the game and it aint been wiped out. Share holders are still able to buy and sell there shares, there de listing it to re list it straight away, because the have no choice but it aint been completly nationalised, any way im long gone out of it
Thats me gone out of this, to risky now with that new bill been passed, took a big hit, over 40% but I believe its to risky at this stage, so happy christmas and good luck all the brave souls that are still in here, I hope it goes well for you, after 3 mounths the pressure has got to much for me, to many sleepless nights, GL all
a jump in this tommorow http://www.bobsguide.com/guide/news/2010/Dec/21/EC_'to_approve_Santander-AIB_deal'.html
Fair play, I will give you a small tip, watch out for the santander deal, once it gos through there will be a big jump in this, + they wont delist this bank, you might be ok at that, it might hit 0.45 by wedensday, short or long to me is second nature when im daytrading on the NYSE: but I dont have time to tell the world my positions, I might help somebody if I can but not goad any body in this game, as people suffer enough when they are loosing money with out rubbing there noses in it.
Its not looking for a good day to be shorting unless you are daytrading, with tight stops, get up there ALBK
They say that they can raise another 3 bill from bond holders, would that not keep the governments share below 80% including the assets that have already been sold + excisting share holders? It also says they will proberly delist, but what advantage would there be to do this?
Irish State May Seize Full Control of AIB This Week, Post Says By Finbarr Flynn - Dec 19, 2010 6:44 PM GMT+0700 inShare More Print Email Ireland may use new powers to take full control of Allied Irish Banks Plc as early as this week and will probably delist the lender, the Sunday Business Post said, citing unidentified people in the government. The nationalization of AIB may be delayed if President Mary McAleese decides to send banking legislation, passed through parliament last week, to the Supreme Court for review, the newspaper said. The mechanism for injecting funds into the bank and the state’s total stake in the Dublin-based lender haven’t been decided, the Business Post said. The government may initially provide as much as 4 billion euros ($5.3 billion) into Ireland’s second-largest bank, the newspaper said. Allied Irish may generate as much as 3 billion euros of new capital by buying back subordinated bonds at a deep discount, according to the newspaper. A spokesman for Ireland’s Finance Ministry declined to comment on the report. Ronan Sheridan, a spokesman for the bank, declined to comment when contacted by Bloomberg News. To contact the reporter on this story: Finbarr Flynn in Dublin at fflynn3@bloomberg.net To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net
I thought you wernt allowed to short these Irish banks, most brokers wont allow you to short them, what broker are you using to short these banks?
Up up and away ALBK up over 9 %
What price did you short it at?
Maby they deserve a big slap on the back for xmas? 40 mil, what would they have got if the bank had of done ok?
Its unreal, they have some neck, there getting there last bonus before the government take majority stake, soon it will be like RBS they will have to hit a certain target for to get there bonuses, this year has been a complete disaster for these shares and they get a big reward?? unbeleavable
.6 by Friday for the ALBK cup ;-)
If they fully Nationalise it then it will be much easyer to sell at a much bigger discount, there is no reason they would be stupid enough to do that, they had plenty of chances to do that already, this bank is worth a lot more to them on the stock exchanges and it also will be much easyer to sell once its still listed, I agree with you on it not being wise to be in it, but at present its on a run and if this bidgit pass's ok, then im out of it at .5 cents as that is what these shares are worth, I bought in at .8 but it wont hit that again any time soon
If the chance comes to get out around 48 cents then im gone, the rights will be held at .5, that does not look like it will change now, and please katoey can you enlighten me why its safer to play the NYSE: IRE and it is to plat BKIR? If this had of been Nationalised, to my understanding all shares would have been lost, why did you say it would be SAFER to play only IRE: ETF? altho I am playing both I would be intrested to know why it is safer?
She is trying to break through 0.99 resistance, go on and give us a good start for the big week we have commin up, up 4.2% so far
I bought into bkir last week at 0.25 to bring down my avarage, that keeps comming into my head, proberly listen to much to Bloomberg, do you want to be fearfull when others are greedy or GREEDY when others are fearful, let them loose there heads, altho iv nearly lost mine a few times with these two ugly sisters, ALBK and BKIR, so hopefully be out of them both soon
Why is trading the ADR better, or safer? if AIB was fully N would we also not loose are shares in the ARD?? Iv still shares on the AIB-ADR but I never knew it was safer, than ALBK?
This is it, we should no over the next few days will we get a chance to get out of this around 0.5 cents, a big lose but much better than 0.36, go on ALBK, if I get out at 0.5 I will never look at this again, its put 20 years on me in the last 3 mounths, I got in at 0.8 and I cant ever see it going back up to that, can anybody?