Allied Irish Banks Share Discussion Threads

[crosswire] 30/9/2010 11:00

AIB pre market....-28%

Wait till the yanks wake up and start selling!

[linney3] 30/9/2010 11:00

30 cent equates to the share price in March 2009 when it was feared the banking system would be completly Nationalised - there is value to be gotten if it does reach or go close to that level at least short term profit as we know the bank will not be fully nationalised and the UK model has worked for the banking system with the people having majority ownership of the major banks

[ms221] 30/9/2010 10:59

Anyone think this is worth a punt, or should I avoid

[cat100] 30/9/2010 10:57

well theres my 30%

[cat100] 30/9/2010 10:40

the difference between ireland and iraq,, our cement mixers dont explode yet

[hassani2] 30/9/2010 10:30

who let the big dogs out??

[cat100] 30/9/2010 10:30

Govt are using our pensions up first before all hell breaks loose lol

[cat100] 30/9/2010 10:27

Fitch says Ireland's rating is not entirely secure after Ireland's announcement on its banks

[bongo bwana] 30/9/2010 09:04

I think its a 'watching' brief - elts see how things develop over the weekend.

The government owning 90% or thereabouts places a floor under the survival chances of ALBK. But does 40c represent good value right now? Im asking that question because I certainly do not know the answer.

The infusion of new blood ( thats essential) into the BOD will help but ALBK have been completely flatfooted relative and comparing their performance to BKIR.

[hassani2] 30/9/2010 08:51

Any chance to make few pounds from albk

[cat100] 30/9/2010 08:49

thanks , I'v being doing that too. It drives me mad fast one min then ages the next.

[bongo bwana] 30/9/2010 08:43

Cat,

Ive been having serious probs with loading ADVFN pages for over 2 weeks.

Im advised if you supress the 'ctrl' button and simultaneously hit the refresh button it speeds things up. Sometimes it works and sometimes it doesnt.

[keelingr] 30/9/2010 08:36

Few scary things to note about todays announcement. It seems as though the need for additional capital is triggered solely by Nama transfers. What of the mortgage book? That to me will be the final nail in the coffin. Whenever NAMA transfers are finished, people will start to ask about the Mortgage and SME book and it will soon become evident that there is a problem of a similar scale to NAMA sitting waiting in the wings...

Also, the 5m threshold has been increased to 20m for NAMA transfers which leaves more muck on the book with losses on these "assets" either concealed through renegotiations with borrowers or slow-dripped to the market...

Anything below 99.9% nationalisation is a purely political exercise.

[cat100] 30/9/2010 08:33

retail will jump ship if this slips any more. This mornings buyers wont take to much pain

[cat100] 30/9/2010 08:30

this could end up down 30% as easy as finish up for the day. One of those I don't believe is going to happen

[hermana3] 30/9/2010 08:29

kr,these are quicksand ops!

[cat100] 30/9/2010 08:23

Ch1ck and what price will the new shares that will be issued be. There are no holders in this bar retail punters

[keelingr] 30/9/2010 08:22

Ch1ck - not too sure if there will be anyone apart from the NPRF buying those 50c shares.....hasn't exactly been a slam-dunk for those who bought BKIR in the RI!!!

[ms221] 30/9/2010 08:22

Avoid, Zombie bank

[ch1ck] 30/9/2010 08:19

Fantastic news the fall to 45 Euro is a oppotunity to pick up the stock at a 18% discount to the new share issue price.

People will be buying at these levels look what happenen to the UK banks they sored after the bail out

[hermana3] 30/9/2010 08:10

At last those 2 stinkers shown the door. Get in a proper banker now.

[cat100] 30/9/2010 08:06

Minister Lenihan has confirmed that AIB Chairman Dan O'Connor will step down within the coming weeks.

AIB's Managing Director, Colm Doherty, will also leave the bank before the end of the year.

The Minister said that in conjunction with the recapitalisation of the bank, he expects there will be progressive management and board change at AIB.