Irish Life&P.Gp Share Discussion Threads

[loverat] 06/2/2012 22:58

Shareho1der

That is a rule I normally follow but it was more because IPM were off my radar - due in part because these are on a different market which I don't watch everyday.

[shareho1der] 06/2/2012 21:31

When this go above 6 cent, the govt may be tempted to offload all of their shares to fund managers(it's only £1.92 bn) therefore reducing their holdings below 85%. Then we are back to the main listings, ISEQ, LSE etc before the arrival of our new CEO. No advice intended, do your own research.

[shareho1der] 06/2/2012 18:22

Loverat. you could have bought more if you hadn't listen to scaremongers.
Buy when others are fearful .... simple.

[loverat] 06/2/2012 17:13

Nice one Shareho1der - beginning to wish I had too.

[shareho1der] 06/2/2012 16:41

5 cent finish and 39% UP .... we will soon find out why.
Glad I bought more at 2 cent.

[shareho1der] 06/2/2012 15:28

A very high volume so far and up by 25% at 4.5 cent as I write.... something cooking?

[cudman] 06/2/2012 11:49

Not really. I am just pointing out to people that there is a very good chance the return on investing in here could equal 0!
I definitely wouldn't be encouraging anyone to buy here, especially before June.

[shareho1der] 06/2/2012 11:32

Cudman, I hope you are not having a go at me.

[cudman] 06/2/2012 10:58

Here ya go squire

Just for anyone who is considering buying in here - if you didn't read the link that I put up for Shareho1der on Friday.
The government have stated their preference for 2 "pillar" banks, that will be AIB and BOI.
That meant that EBS no longer would stand alone and was merged into AIB.
AIB paid a nominal fee of €1.
The government have already stated that they are considering merging IPM into AIB also. Contrary to Shareho1ders believing I don't know the meaning of a merger ......I know that the same thing could happen here should the merger go ahead.
The government can just say that IPM was a loss making insitution that could not be left to operate on its own and so they were within their rights to overcapitalise it, sell its main asset and then shove it into a bank that they already 93% own. If this happens shareholders will get nothing.
That is why I don't come out with statements like "Some people are not just cut out to be sucessful investors with their fear/greed emotions. Most people failed to spot opportunities and they remain poor all their lives."
If you are willing to take the risk there could be big money to be made here but I for one will not be topping up.

[squire007] 04/2/2012 00:19

how do i look in on this stock challenge !?

[loverat] 03/2/2012 19:29

That's how the law should be interpreted - with common sense and reasonableness.

Not on pathetic technicalities and loopholes.

Well done Mr Judge.

[investorpesant] 03/2/2012 19:23

a bit of a small victory for piotr.

[bongo bwana] 03/2/2012 16:05

Thanks Cud.

I was "Akhtar Part 1" last year (and this year too) and gave dhammy a good run for his money LOL.

[cudman] 03/2/2012 15:27

"I am prepared to lose my ALL money here" - bit of a stupid statement from a supposed expert.
If you can't understand that the outcome here is completely out of your hands and is in no way related to how valuable or how likely this company is to make a profit in the future, you deserve you lose all your money.
It's like I said, it could be possible to make a lot of money here - that goes for people who have been holding these since 15c too, not just people in from 2c.
It is also possible to lose everything as this companies future lies in the hands of one man.
If you want to look up on what a "merger" here would mean, take a look the EBS case.

[shareho1der] 03/2/2012 14:56

Cudman... may I also suggest you read up on what 'merger' means. That is your homework.

[shareho1der] 03/2/2012 14:54

cudman,
You are the one missing the points here. Read your own posts and see soo many 'IF'.... That is no way a serious investor should be thinking.
I am an investor, my eggs are NOT in one basket and I am prepared to lose my ALL money here. On the other hand, my money here could grow to more than a million euros.
What it's you don't undestand about investment ?... you should go back to school, son.

[shareho1der] 03/2/2012 14:12

Reading all the negatives nonsense that are posted here, you could be forgiven for thinking that this Bank is the only one that was stress-tested and it's about to go bust.
Same people were saying it was 'worthless' at 2c last month but you could have double your money if you had invested back then.
Some people are not just cut out to be sucessful investors with their fear/greed emotions. Most people failed to spot opportunities and they remain poor all their lives.

When will people realise it's Piotr and his gang that ARE damaging the share price with their senseless court cases.
When will anyone with sense realise it's NOT the current Irish government that signed the SLO Act into law.

If anyone is not happy here, they should SELL and clear off .... It's that simple !

[cudman] 03/2/2012 10:18

They have already stated that they would like to merge it into AIB. AIB has however said that they don't want to do this as they are already absorbing EBS.
I doubt though that AIB's opinion will count for diddly and Noonan will do what he wants anyway.
In my case I absolutely will not be buying any more of these in the short term as the government have alreayd shown they don't care what happens pi's, as far as they are concerned they got their hands on a valuable asset cheaply and the likes of us don't matter.
All IMO.

[loverat] 03/2/2012 05:22

Investorpesant

Thanks - can they screw up this anymore than they already have? Possible I guess.

Anyway, I would like to see the current management resign for starters. They are a drag on the share price IMO.

In my view - they have been the most inept, lethargic and most incompetant management in modern history. Once that happens any future bad publicity about their performance will have minimal affect on the company.

[squire007] 02/2/2012 22:57

Well like you said got my 100k shares and will wait and wait ! and then some more .......... GLA