I did and other towns too. Having regard to Ennis, Clarecastle is just about to lose 270 well paying jobs and there is a branch in Shannon airport that is open 365 days a year. As a matter of fact there are four banks in Ennis and that is one for every 14,000 people. Shannon is about 10 or so miles down the road so what do they want two branches in such a small area for. On top of this there are also branches in towns like Kilkee and Kilrush. That's nuts. Fermoy has no major employment and is dependent on agriculture and we know where that is headed. Cork city is a half hour up, the motorway as is Mitchelstown. On top of this there are post offices in all these small towns so why can they not have access to the banking infrastructure ? I suggest its because the unions may have thinking on that.
Too many branches in towns like Fermoy, Macroom, Gort, Ennis, Bantry etc. that are a social service, these all need to go and the cost of such surgery will be huge. Also competition in the sector hotting up. Why are we seeing so many independent companies placing atm's in strategic locations ?
You reference to the changing of banking is apt. It could be that we are seeing the market pricing in the new structure where we will have very few banks on the high street and the old cumbersome model disappears. In fact everything on the high street is changing and all we will be left with are barbers hairdressers coffee shops, food houses a few pubs and not much more. More over customer loyalty where one had the same bank as their parents is well and truly gone.
Who would have thought that the internet would result in the demise of the high street and alarmingly it has taken just a few short years.
Paddy not a hope. I for one do not want to see a pole just now, its too soon. Let the peace build let the creation of trust grow and let relationships establish and let the people of the North as a whole decide.
We have then arguing over the Irish language, ash and silly things now.
Getting them together would be a start, getting them talking together would be progress and getting them working together would be success.
Yes Ibn profits and in the past we saw profits and audit reports certified by impressive sounding names of huge professional companies that are bastions of so called good advice.
I've been here a while and yes the bigger fish swim in a different pond and that is why certain entities are able to use their excellent programmes and predictive software developed by some of the best minds to short and manipulate this stock at their will. Unless you live under a rock you will know or have realised this.
We are now in a situation where a completely different set of metrics apply than say in 5 or 10 years ago.
Of course I could be wrong but my thinking is that we are here for a very long time before we see close to €8 again and if we get Brexit hard or soft it could be 5 to 10 years.
Is it not important to note that we have Trump and now Johnson who is cut from almost the same cloth as Trump and using the same tactics and language to promote a thinking that is alien to the norrn where the weakest in society are preyed upon to fill the pockets of the rich.
And us Irish should know this very well because neither of them have made a comment that the peace that was won for us should be protected at all costs and developed to produce a blueprint that can be applied elsewhere in the world. All they want to do is build walls and alienate. They think that will create a better world. It is sad that the populus have elected such to provide guidance and leadership. Alas they will not.
The share is not under valued as the market knows something that we do not. It would not surprise me if there was an issue herein that we or the ordinary market (as distinct frorn the informed market) are not aware of. I also think that the government 14% stake is not for sale at this time and will be an issue for any potential suitor.
Its not a target, the Irish market internationally speaking is a very small market too small to influence the bigger players and indeed suffering from years of only having realistically two banks to choose from and the customer loyalty that has created.