European Islamic Investment Bank Share Discussion Threads

[vlain] 23/11/2007 10:46

are any of you guys also invested in IBB?

[fatgreek] 23/11/2007 09:31

picked up 65000 shares yesterday and looking to add. loads of money in the bank and growth at 708%, I think we have hit the bottom share price wise and should start to see growth from here.

[vlain] 31/10/2007 23:24

has this now peaked. washoping it would go a bit furter

[andrbea] 08/10/2007 15:02

further to RNS of 5 Oct

some info on Action Group Holdings:

[andrbea] 08/10/2007 10:02

heavy buying (vol 2.1M)

[fatgreek] 02/10/2007 22:21

trad, long time no speak, hope you are well, what is going on here? thinking about bottom fishing, can you update me in a sentence as to why this share is so low? I think they have huge potential but am shocked by the share price your opinions are appreciated. tia

[space cowboy] 02/10/2007 16:57

Why do you say that for? To be honest, I think they've reflected most the damage, but who's to say they won't pull such a stupid stunt again. I only see 1p in such an event, but hopefully they've taken a hard lesson.

[tradx666] 02/10/2007 16:18

Space,

this was and still is a rock solid short!

I still think 4p here could be optimistic!

regards

T..

[space cowboy] 02/10/2007 16:15

Looks like my 4p short term target is fast approaching. :)

[space cowboy] 19/9/2007 15:26

Tradx

It's nothing material more than conversational based. Sorry, nothing specific has been said. In a nutshell, I don't like companies who mince words in their financial reports, and unfortunately EIIB have been guilty of this in their recent interims. It really winds me up to say the least and I am very disappointed in EIIB.
This 700% has fooled many of our amateur investors which (unfortunately) a share like EIIB attracts many. Their LPS is a nothing short of a strategic disgrace.
I had a conversation in May with a chap/shareholder in Doha boasting the fact that EIIBs "Property Fund" strategy was going to create huge rewards. Like mronionbahjee2, I was exceptionally skeptical of this. If I was remained a shareholder I would have petitioned the board not to proceed with this venture as it wasn't viable from an economic and domestic (Europe) perspective. They feel that they are on top of the competition which is nonsense. It was a stupid decision to set up such a fund and now it's going to cost them dearly to divest. I did briefly buy in May/June as a strategy to petition the board but quickly sold out because of the time vs cost which would have equated to an overall short term loss.
Unless their end of year "Core" activities was to increase another 1000%! (400% approx break even) then I'll resume my short term hope of EIIB. My new target on this is 4p in the short term and £10 + in 10 years time (Subject to a change of strategy in the board! Idiots!)

Mronionbahjee2 - I felt that CCH were upto no good back in Feb when I voiced my concerns then. Would never have put them down as a good investment

[tradx666] 19/9/2007 12:48

SC,

After a post like that, and given the abysmal performance of the share price here, then you should be honour bound to impart your new found knowledge of why EIIB's management and operations are of such deep concern?!

regards

T..

[space cowboy] 19/9/2007 12:19

Just like I suspected CCH to be a dodgy outfit earlier this year, after a few conversations with some people in the industry I would like to retract my comments on EIIB. I am now bordering pessimism due to some recent information on the board.

I have always maintained a lower end on EIIB of 6-8p with exponential growth over the next 10 years and a possible value of £10+ if they maintain their current progress. 700% p/a compounded isn't to be ignored. But, as with CCH (although no business model comparison) I am now wary of EIIB's management and operations.

Will keep you posted :)

Cowboy

[dennisbergkamp] 12/9/2007 16:38

Looks like they're shutting down from that last news item???

D.

[sitiain] 11/9/2007 19:20

are they that good.?
loss from the property deal , that seems to have been a disaster.(it is just a right down but they are now exposed and that was not really in the profile of the bank as far as i was concerned).you are right they are undervalued but i am not very impressed at all.
rememeber, work out their interest from 180 million quid sitting there doing nothing and then work the profit back.
it should go up, but the jury is still out i feel on this one.

[contactamir] 11/9/2007 12:36

i dont know whats wrong with this bloody market, even with aexcellent sets of results share price hardy moved

[sitiain] 01/9/2007 16:37

price of this share is incredibly low.
cash on balnace equal to 10.27 pence per share.
8 pence offered seems completly wrong.

[contactamir] 24/8/2007 22:41

results out 11th sep. should be a cracking results