Allied Irish Banks Share Discussion Threads

[lbo] 10/10/2010 15:33

Irish credit institutions' borrowings from the European Central Bank rose 25% in under a month to September 24, the Irish Central Bank said.

[lbo] 08/10/2010 21:26

Rating agency Standard & Poor's has cut its ratings on AIB's debt, saying that the bank's reputation has deteriorated further due to the need for increased capital from the Government to support it.

S&P cut the company one notch from A- to BBB+, its third lowest investment grade. The outlook is negative, indicating an additional downgrade is more likely within the next two years.

[keelingr] 07/10/2010 15:33

Answer to Ireland's Problems:

IMF

[hermana3] 07/10/2010 15:33

Not now as too late to shaft the bondholders! Blanket guarantee the worst decision in the history of the state and we know who made it even if like his former boss "bag it high" bert, lenihan can blame his advisers.

[napoleon111] 07/10/2010 15:24

do you have an answer to the countries problems?

[hermana3] 07/10/2010 15:20

Didnt the deluded twit predict this bailout would be the cheapest in history? Bet he needs two valets to help him into his trousers in the morning. Cant believe he has fooled a few though....

[hermana3] 07/10/2010 09:40

Agree lenihan management of crisis has been a complete and total disaster. Too many lawyers and teachers in cabinet always lead the taxpayer to penury.

[keelingr] 07/10/2010 09:36

herm - as we all know, the only reason this is not a full 100% nationalisation is to save face for Lenihan and Co.

[hermana3] 07/10/2010 08:57

kr'good point as lenihan&co are the only ones willing to do it and of course with long suffering taxpayers dough. Talk about being a lender of last resort...

[keelingr] 07/10/2010 08:40

Very dangerous argument dealy. The placing is fully underwritten by the irish government not a private investor - hence the 50c price is in no way reflective of value.

[dealy] 07/10/2010 07:30

anybody know if this was more or less than the market expected (1.5 billion euro)?

[dealy] 06/10/2010 18:39

Kaj

Logic says the shares should be higher than 50 cents given that the placing is fully underwritten at that level. Secondly, the Irish government would love to own this company at the valuation of 50 cents because after the placing the company will have about 7 billion euro in net cash. Thirdly, these "losses" are totally overplayed. There is no way the entire loan book has lost this much money. The Irish people will make their money back on this particular nationalisation. Any shareholder buying at 50c or lower will get the same return.

[hassani2] 06/10/2010 16:27

kajshares,just think albk can be nationalised any time from now till december,no escape

[kajshares] 06/10/2010 15:58

I dont know much about bank stocks, consequently, I should be grateful for some help.

Fistly, if these guys are looking to place/rights issue at 50c in in Nov. Shouldnt the stock be trading higher than 50c.

Secondly, Im looking at NBG(US) and I think the chart is bullish. Are all the expected bad news out on that stock? I thank all helpers in anticipation of your kind assistance

[keelingr] 06/10/2010 13:54

think from memory it was about 35c

[ms221] 06/10/2010 12:35

Very bleak at the moment
What was the March 09 low?

[napoleon111] 06/10/2010 08:04

M&T gone then by the looks of it

[ms221] 05/10/2010 21:50

Is this good news?

[ms221] 05/10/2010 20:28

2 heads chopped

Anyone know anything about them?

I'm sure they were both fine and upstanding

[hermana3] 05/10/2010 10:23

Mc Killen challenge to NAMA could really put a wee spanner in the works.

[hassani2] 04/10/2010 11:25

is albk acting like rbs

[ms221] 04/10/2010 08:10

Another beautiful morning with the team from Allied Irish.