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WooHoo ! Go IPM Go ! Thats the spirit IPM . BKIR may be a safer bet now . Maybe its Too safe !
My view is that ALBK will be very good value at some point this year , but maybe not at the moment . I think you'll get them cheaper , but that's only my point of view .
Ouch ! IPM getting a hammering today . This big deposit into Anglo a couple of years ago to prop them up is back to haunt them . Seems that they might have been asked by Higher Powers to do the patriotic deposit . Don't know why IPM should be still carrying the can for this ?
Lonelyboy . Wasn't meaning to be gloomy with a 3 to 4 year improvement outlook . Would be hoping they would be 300 or 400% up by then .
Rights Issue later in year . It's going to be over 50% owned by the Irish People , maybe 70 % or 80% . But should still start coming good in 3 to 4 years . IMO .
It's the spooks !
Hi Kenbine . The current share price is 1.25 euros approx. so your 100 shares are worth 125 euros . I'm tempted to tell you to keep them as a reminder of your Grandfather . They should improve a lot in the next 3 or 4 years but might never be worth a tenner a share again . I was reading your other posts on the RKH board about you being a student with limited resources , but wanting to trade . I'm suggesting that you try spread betting . There's a good chance of blowing your resources , but it's the same chance of doing that whether you have a million pound account or a 100 pound account . However there are very few charges in it other than the slightly wider spread and also there's no tax . It's a different format to regular share trading and you have to get your head around that , and maybe not get into it until you understand the process . There are a couple of threads about it in the General Chat section of this site . http://www.lse.co.uk/general-chat-topics.asp?CatCode=ic8aay
The Farmer Co-operative buyout of their section of Glanbia was rejected by a narrow margin . Anyone have an opinion on what happens Glanbia's share price tomorrow ? A shorting candidate for tomorrow maybe ?
Hi Humblepie . No , not a lot of people here , but that doesn't make it a bad share . It's a very small Irish Bank / Insurance company that some analysts have a value of around 5 euro's on which is nearly double what it is at the moment . Also did not receive any state aid so is still a very independent entity not answerable to the Irish Government or Europe like a lot of the other banks around . I consider it's price movements a bit erratic at times and it can scare the **** out of you at times , but around these prices it has the potential to go to 3.10 , 3.20 or further very quickly . And another plus is that Shorting is still banned in Ireland for the banks so there is no shorting pressure on this which make's it move different to the UK banks . For this just wait until the price goes to 2.65 - 2.75 then buy and wait for it to go to some level between 3 -4 euros then sell . Guaranteed money ! imo !
Looks like a small pull back all round at the moment . Humplepie - no news specifically for this , only the EU rescue craft for the Eurozone area . This being a financial that was much lower than it's support point it was bound to bounce a bit . This appears to have a range from about 2.65 up to 4.00 E at the moment , so any good news on financial side gives it a boost .
Up 21% now nearly on day ! Long live the Greeks !
ALBK gone up 20% there at the moment . Everything in blue this morning ! Even if you sold don't give up completely on the shares , but maybe wait for a lull in price before getting back on board !
Good man , Thanks for your tip stud , whoever you are ! The gestapo will be after you !
Re: Level of state ownership I'd agree with OMLOYALIST in his view , that state ownership is not the end of the world .
Looks lonely here again .
Still just looking . Moving in a range near the top , but hasn't broken out yet to the upside . Or downside . Strong company though and maybe dangerous to short . If it goes up over 430 it looks like being an all time company high and uncharted territory .
Got in again at 411.5 on ADR . Chuffed with it ! 2 out of 4 AIB positions now in profit . Got out of IRE earlier with some profit too .
I forget what spooked me the other day . Just bought some more of the ADR .
Hi All ! Just after finding this place . Have a look at the 5 year graph . Currently at major resistance point and appears to have made a double top . Might be a shorting candidate .
I sold out ALBK and AIB adr yesterday evening , just before the ADR started rising . Was kicking myself afterwards , but just a little bit . Made a small profit but missed last night's and this mornings action. I'm after buying back into the ADR again this evening .