Member Info for Ringowinner

sorry to be a bit of the top on the defensive bit... This bank has a lot of potential in the market to big a key player. My comments are based upon working with other start up banks ... if you asked me for figures on other banks I could not supply them as its experience which i fall on over 25 years banking knowledge.

you need to take into account that is is a start up bank with an agressive rollout of branches, the increase of customer and capital is growing with the introduction of new products also take into account the government are in the process of making it more benefical for Shahir compliant mortgages then the answer is no... before scare mongering try and compare another start up bank and the P&L sheets

I'm going to hold on for a while, I think early 2007, there will be some real movements... bought another 20K on Friday... so its a medium to long term investment... can't go wrong with these ones... the backers would never allow it!

its very hard at the moment as i bought at 12.5... but reckon its going to shoot up a lot further...

its found its ground now... watch the price rise....

I think they are trying to stablise an mid price here... keep with it... all positive news

offset some of the profit from Vod and buy some IBB ones... if you want tobe in for the medium to long hall!

I reckon 25-27... some off loaders at the mo but worth holding on!

The two gentleman taking the reigns from M.Hanlon have strong middle eastern connections Ashraf "Piranie and Gerry Deegan" in the banking world..its only temporary but it could be a touch and feel operation!

Last time the price shot up like this, there was a rumour of a take over bid. Not too sure this is the case but it hit mid 80's within 10 days from 24p.....make me wonder though... any thoughts Amer

Not too sure about BGT, but I agree fully with Amer on this one and been in since the bank opened over 2 years ago... its now settled back into place and the structure is solid. Branches are rolling out on time and within budget. customer growth is on the increase. not bad from a start up bank but the difference is its been a untouched market with the big players pretending to offer shair compliant products without the real values of a Islamic principal

I take it back its going to hit 20+ before the daysout!

a lot of hitters are coming in now at 18 so its looking very positive...

Amer you hit the button something big is happening with the bank looks like an announcement very shortly. I bought a hefty amount at 12p I reckon by Jan we are looking at a mid 20-30 price

Gordan Brown's speech earlier this year - 200 Billion to 300 billion in industry alone with a 15% growth... http://forum.mpacuk.org/showthread.php?t=7915

This is one stock where there is a lot of potential of being a big riser due to the commitment of the backers and the un realised capital of the Muslim community. With on-line banking as well... watch this space this time next year, will be laughing all the way to the bank!

This is one stock where there is a lot of potential of being a big riser due to the commitment of the backers and the un realised capital of the Muslim community. With on-line banking as well... watch this space this time next year, will be laughing all the way to the bank!

Good positioning of the bank in a number of ways with the new mosque being planned..just need to see if it reflects in the investors!

Agreed - with Newham having over 59,000 potential customers which is 24% of the community its a wise move for the bank!

With the opening of the East Ham Branch, there will be a influx of new customers and capital being brought in! Watch this space