Irish Life&P.Gp Share Discussion Threads

[stockonomist] 06/3/2014 18:02

The Irish Life and Permanent Thread - IPM
Loverat - 09 Jun 2011 - 18:59:32 - 2128 of 3802
I know its been said before thousands of times on this site, but I did not expect a fall like this in one day. Yes a gradual drift perhaps. What is the market cap now - 17M?

Well, I think the share price is close to 'worst case scenario'. So serious upside or a court case. I wish I had been around this afternoon to buy some more shares.

Anyway - before anyone chucks in the towel (at 6c) on the basis that Cook and Co are a bunch of useless losers I would consider the possibility of a class action (if shareholders do not recoup their investment). Not a class action sponsored by a bunch of overpaid lawyers but something not ever tried before.

[stockonomist] 06/3/2014 17:59

The Irish Life and Permanent Thread - IPM
Loverat - 06 Jun 2011 - 19:39:04 - 1979 of 3801
The Graftman

I think that there has been too little time for Piotr to do a great deal. It takes alot of time and hard work to mobilise people. We all lead busy lives and if the truth was told I have had little time to devote to this even though it is my biggest shareholding.

[stockonomist] 06/3/2014 17:58

The Irish Life and Permanent Thread - IPM
Loverat - 27 May 2011 - 15:40:21 - 1725 of 3800
The Graftman

I was thinking of ringing their investors relations dept today but got distracted by a whole lot of other stuff. It is probably the case that we are too small and they too big for us to make a material difference. However, I am not yet convinced we are going to be flushed down the toilet and I reckon there is still a possibility of significant upside depending on what occurs.

[stockonomist] 06/3/2014 17:57

Loverat - 19 May 2011 - 21:19:31 - 1596 of 3799
Thanks guys.

Just been watching Rogue Traders on Watchdog.


Well fired up.

[stockonomist] 06/3/2014 17:52

Karma ?

The Irish Life and Permanent Thread - IPM
Loverat - 10 May 2011 - 18:55:58 - 1449 of 3796
Share_shark

Fair enough.

With the exception of members of my family having their school and place of work in Belgrade destroyed in 1999 by Tony Blair and Clinton I cannot compete with that.

[stockonomist] 06/3/2014 17:50

so IPM story in short


Loverat : "I'm a brilliant bottom fisher"
Loverat : "Management screwed us"
Loverat : "Let's litigate"
Loverat : "I will lead the litigation, who is with me..."
Loverat : "hello ? anyone out there?"

PMSL

cretin

[snap23] 06/3/2014 01:50

anybody know how I can get some more of these finding it impossible want certs not on online trans thanks.

[snap23] 06/3/2014 00:24

vol going up quite considerably now company says sees profit in 2017 anyway some1 getting in on the cheap?i just used some cash i had in a old online account a few 100 quid and its up over 50% got share cert and just gonna leave em good luck all.

[shareho1der] 05/3/2014 16:46

Sorry I don't have a target price and I don't like speculations .Please lets keep the discussion focussed on the company rather than individual trades.Thanks .

[smcl] 05/3/2014 16:23

Shareho1der - whats your target price?

Have you sold some to date?

Thanks

sm

[shareho1der] 05/3/2014 15:57

Seems people don't know the importance of what is going on here and the share price multibagging from 3cents .Its all rather too quiet on here.Investorpeasant, what is your thought ?

[shareho1der] 04/3/2014 10:38

No wonder ptsb share price is going stronger today while aib and bkir are falling .

[shareho1der] 04/3/2014 10:28

With the Ulster Bank ready to leave Ireland, all we need now is for the European Competition Commission to say 'yes' to our restructuring plan.GLA .

[snap23] 28/2/2014 12:56

yeah been picking up recently vol wise I dont hold many only 2400 but can wait,if I come into some decent cash gonna try and get a few more.

[shareho1der] 28/2/2014 10:30

10 cents breached this Morning .Good Luck to all holders .

[shareho1der] 20/1/2014 21:04

Thanks for the explanations.I am confident this will turn out to be an excellent investment in the end.I am Happy to continue holding .

[investorpesant] 20/1/2014 19:12

SHAREHOLDER
the procceds or profit from the LME and the contingency capital was 1.4bn,this was invested in irish soverign bonds in the summer of 2011 any intrest/coupoun since then as been reinvested in more goverment bonds.if you read the half yearly results under treasury,ptsb was holding 2.9 in goverment bonds,noonan said recently aib and ptsb had more than 7 bn in prefrence shares and convertible bonds thats before they sell any shares.if you look at boi results they made over 300 million proffit from there corprate and treasury division i think there NIM would be a bit dull without that coupoun/intrest.

[shareho1der] 20/1/2014 10:56

Investorpeasant. You are a regular and respected poster here.I remember you mentioned previously that ILP raised around €1bn by burning the bondholders and that the money was used to buy Irish government bond in 2011. I wonder what will be the market value of that bond now considering the rate at the time was 14% - 10yr. Thankfully now down to around 3%.Having said that, I don't want the special to move up too quick and too soon .I prefer PTSB to buy the government shares for cancellation before paying any dividend.

[cudman] 17/1/2014 11:52

I take it back, we won't get past it considering your attitude.
At the time you were encouraging to buy the governemnt was in the process of stealing ILP biggest asset.
Nobody knew for certain what the future held for the company unless they had some knowledge of what was going on from the Dept of Finance.
I don't like your attitude Shareho1der so I'll probably go back to avoiding this thread.
I bought MONI at 2.9p, a couple of years later I don't feel the need to hunt down people who were unsure about it now that they reached 80+

[shareho1der] 17/1/2014 10:09

Sage .I am not good at predicting where a share price will be and when .But I know a good company when I see one.I have been telling people here for years that forced capitalisation here is a political motivated one and nothing to do with mortgage problems. And that both the SLO act and the bailout forced by the eu/imf/ecb out won't be forever.And some silly people continue to blame the Irish government.I believe people taking profits yesterday will live to regret.

[sage of suffolk] 16/1/2014 22:30

Any research available to justify where share price may be in 2017 after return to private ownership?

S

[shareho1der] 16/1/2014 21:19

Sorry gmg went bust in March 2012.