Member Info for nuri123a

Laugh is look at the Shanghai composite - its hardly down.... China is the epi-centre of the virus and it continues as if nothing has happened. JOKE!

Never has a stock market been so out of kilter with the real health of the economy.

I do most of my shopping there on a daily basis. Marks and Spencers is absolutely not a Debenhams! ABSOLUTELY NOT. I hold no shares in M&S, but I have great confidence that it will be around for another century and longer. I buy my clothes there and have to say menswear is at the top of their game... their food offering the best on the market because they are always innovating and delivering good quality.

Very hard to believe.... AIB is at its lowest in history.... its less than a cent old money.... and trading at 40% of NAV.... ridiculous!

radar - this is near an all-time post great recession low... its just completely bonkers. Banks are in a far healthier state than at any time in the past 50 years - reserves are kept high; lending is more prudent - I should know, its almost impossible to get anything from them to expand a business without putting down loads of security... We are in an altogether different era...

Torquay - with all due respect - BOI has relatively small operations in the UK... AND so the discussion should really be about the health of the Irish economy, which is STILL GROWING! In fact, credit unions have so many deposits they can't lend out enough... my home town has a population of 25,000 and has deposits in the local credit union of one-quarter of a billion euros. The problem is there is far too much money being saved and everyone is saving for that rainy day.

AIB's share price is just above 2 euros and values the bank at 5.5 billion. On a good year they make 1.5 billion profit... it's really an obscenely low valuation as is BIRGs valuation... so, I purchased another £5k AIB shares... NAV per share is 4.80 - current SP = 2.10... far too low!

Pokerchips - I ask myself the same questions every day.... seems entirely STUPID that a share price can move so disproportionately to the volume movement. Surely - this cannot be legal?

STICKING 100% WITH AVIVA. The market has got Mad Cows Disease at the moment... IMO.... people are plain dumb... many more millions die of the ordinary flu that people get every winter.... suddenly when there are a few hundred cases world wide, people just sell shares in fear. Barking mad.

sorry grown 0.16% roughly each year...

5% down is looking very silly.... Lloyds announced decent results and a great dividend. Buying £12k when my dividends from other investments come through tomorrow... looking really really cheap for a bank that has paid out £21,000,000,000 in PPI compensation and that's all finished now.... too many stocks are far too cheap. FTSE back to 1999 levels almost... its grown 3% in 20 years, or 0.33% per annum - OVERSOLD ON ALL FRONTS.... which do I buy,,,?

Today's price action shows the market doesnt believe the current rally in precious metals is going to last any more than a few weeks.... disappointing rise.

Can anyone tell me why the NAV per share has dropped from 53 pence per share to 50 pence per share in the latest accounts. If these banks are making money as they say they do, and the number of share are held constant, why is NAV going down? Is it to do with a reduction in the value of their assets? An increase in liabilities? I'd just like to know...

I have to agree wit many of the comments on here. The FTSE 100 has barely risen since 1999 and Lloyds has fallen for the last five years despite making enormous profits. Seems its very much a short term game these days - let ir rise 2-3%, sell, rinse, repeat. However in the US, it seems that bank share prices have risen enormously. I own a lot of AIB shares - the economy has grown substantially in the last few years, profits sagged a little, but last year it made over £1.25 billion (pre-tax). The stock market now values the entire company at £5.98 billion. It's on little more than 4 times earnings.... I've never seen such low values. The bank was valued at £20 billion a few years ago when the economy was on rocky grounds...

furrycoat - they will have done the maths already... they based those provisions on a high sample of claims approved. They stated that the last provision of £1.2 billion was their top end estimate....

adding. first set of banking results welcomed by the market. they are good imo.

furry - its all been provisioned.... no more PPI provisions.

forward looking statement positive. PPI gone. Dividend increased. Strong buy for me.

Surprised with realised prices for gold going to be nearer $1,800 an ounce as opposed to realised prices last year of $1,200, this isn't at £10+. A 50% rise in price of commodities surely will add significantly to bottom line and more than offset weakness in production? I could be stupid - but would have thought that now is the time to be buying into this company when the share price is very low?????? What do I know?????

Has become the blandest and tediest share share to follow. The trajectory has been similar to Fastjet's.

Very surprised this isnt yet down 10% or more. RBS announced far superior results to HSBC and it went down 9%. HSBCs results are extremely concerning - seems its being punished globally.... 40% fall in profits terrible... ROTE of 8.4% is significantly less than RBSs 11%. The market appears to be entirely rigged, if this isnt down by 9% end of today.