How good the results will be is directly related to what the pay out amount is going to be for the tracker morgage fiasco. From past experience when BOI say nothing it means they are somewhere between the creek and the paddle. I am a shareholder not just knocking BOI
Bang goes the dividend again.In real sell off mode now with fear of unknown tracker morgage liabilities. The fact that BOI has made no statement re extent of problem is a real worry
I am assuming that the some of the big boys who bought AIB are not allowed by their own rules to buy BKIR because it is when all is said and done a Penny share. When the consolidation is done and the price becomes circa 7 euro i beleive we will see some jump up.
I wonder if a lot of investors are planning to move to AIB, but do not want to increase level of cash or % of their portfolio invested in Irish banks. Therefore selling BOI to get the money to buy AIB
When it hits 33 cent I will have big weekend away, at 33.1 cent I become in profit for all my investments in AIB and BOI over the last 12 years. I now own circa 100,000 bough at different times between 14 euro and 12 cent.
Still say there has to be a reverse split at some stage for BOI to again become mainstream