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IBB Islamic Bank

1.425
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Islamic Bank Of Britain Investors - IBB

Islamic Bank Of Britain Investors - IBB

Share Name Share Symbol Market Stock Type
Islamic Bank IBB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.425 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.425 1.425
more quote information »

Top Investor Posts

Top Posts
Posted at 13/11/2007 00:07 by vlain
richardbees

Absolutely spot on. But if the share price is on a "definitive" upward trend then don't investors add/buy more...BUY DEAR and then SELL DEARER
Posted at 12/11/2007 20:17 by richardbees
vlain: surely investors don't wait for the share price to rise before buying?

- that's when you sell.

"buy cheap, sell dear"
Posted at 26/10/2007 19:27 by chenesislaw
The company floated at 25p and it was oversubscribed. There are many investors who are holding shares in this company and have not had the chance to offload. MMs need shares and hence tree shake to get short term and nervous investors to either make quick profits or lose a lot of money. Theb business model envisaged losses for 3-5 years. You cannot just have a High Street Bank out of the blue and expect it be loaded with money / gold bullions straight away. This is a long term investment for most of us. There are over 400mln shares in issue and the volumes we have seen in the last week which caused the spike only involved the exchange of 4-8mln shares. The share price of IBB will remain circa. 10p for a long while before the company can be held to account on whether it is profitable or not.

A branch opening in Tooting is in the pipeline as far as I know.
Posted at 23/10/2007 08:29 by quraishim
This share was 35p at time of IPO racing to 85p....a lot of interest with middle east investors...just a chance that Gulf states Banks could be adding stake for possible exposure in UK and Europe
Posted at 23/3/2007 12:01 by tradx666
vision,

Two differing opinions make a market; but just try some simple metrics (for your own sake!)...the cost per account of new business acquisition, the rate of cash burn overall, the failure to bring new products to market in a timely manner, the inability to meet their initial customer projections - and given the size of their TAM the paltry numbers that they have managed to attract thus far.

Soon they are likely to be valued at nothing more than their cash - which is depleting fast...why on earth would you wish to be a holder of this now? As you will have spotted a number of institutions have exited, and I expect the smarter smaller investors to see the cash-call coming and do the same....ultimately, this may well be a successful bank, but imho that is at least 5-7 years away (given it's lack of progress), and may well involve another ME bank coming to it's rescue...I see almost no positives in being a holder here whatsoever!

regards

T..
Posted at 20/2/2007 09:49 by space cowboy
vision88 - the market cap is a reflection of what investors think the future earnings of the company are worth. I think you'll find that it tells you more than FA
Posted at 26/1/2007 13:24 by vision88
ibb is taking off today 18p to buy now if the current momentum contines we can see a surge up to 30p for a rest till the second wave surge kicks in, its getting very exciting to be a IBB investor
Posted at 10/10/2006 14:16 by arpy_is_back
qatar family investors in equity or deposits? :S
Posted at 09/10/2006 14:09 by sitiain
tradx666
yes mate i think you are on drugs, or a scare monger.
they have plenty of cash .
nett assets are about 36 million pounds, this will be on short term deposits (murabaha deposits )with international banks.
their loan portfolio is still small.
they have about 8.7 pence worth of cash.
to suggest they are running out of money is rubbish.
they also have probably some of the largest wealthest share holders in the world.
what ever this bank achieves or does not achieve it will not run out of money.
the largest share holders are members fo the qatar family.
the roll out of branches and associated costs are slower than expected.(and more expensive)
BUT
customers are growing and the idea works.i agree the bank needs to be better capitalised as that would reduce loses (more interest would be recieved)and it would take away some risk of a rights issue.
but to suggest it is running out of money in the near future is rubbish.
customer numbers are all that investors and other banks trying to offer the same services will be looking at .
i do not hold shares at the moment but am getting tempted. i am a holder in eiib in case you care and was a venue share capital in this .i was lucky to sell at 60 pence.
good luck to all holders, i think at these levels you have a good investment.
Posted at 03/10/2006 22:35 by arpy_is_back
Tradx

I understand that there are meetings going on with foreign investors. I do not as yet know the details.

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