Allied Irish Banks Share Discussion Threads

[napoleon111] 14/12/2010 15:46

you forget that the capiral markets divisions that the bonuses were to be paid to are still making profits of 1million per day. seeing as the bonuses (for operational staff or for traders etc alike) are not being paid, i would think there will be a mass exodus of staff, that they wont be able to replace (probably wont anyway due to downsizing anyway), the capital markers division WHICH HAS REMAINED PROFITBALE FOR THE LAST 3 YEARS (FACT) will stop making such monies, and will therefore have a detrimental effect on the return to tax payers money...any tax payer think about it that way? how else do you expect to get your money back? through sellling off all the assets and through what will essentially be a small domestic bank, you expect to make back your 10billion? not a chance! even when the times were good and the bank was making 2billion profit a year, it would have taken 5 years to get a return to the taxpayer, now with the state of the bank there will never ever be a positive return to the tax payer, regardless!
all in my humble

PS edited to read 1million per day, typo the first time around

[hvs] 14/12/2010 13:30

Its Fianna FAILED.

Made the COUNTRY BANKRUPT.

When is teeing off time ? Anyome know ?

[hermana3] 14/12/2010 13:19

Lard asses at bankcentre got a wee land today as blundering lenihan finally stops handing all and sundry to these *anking knuckle heads.

[hvs] 14/12/2010 10:58

ITS BANKRUPT.

BONUS time.

[hermana3] 14/12/2010 08:41

The dunces here wont be headhunted in a hurry. SFA talent in this bankrupt yoke.

[ch1ck] 14/12/2010 08:29

The initial market reponse to this news may be to lower the price due to fears of top staff leaving but this is not a main player in the investment market and its not as if the staff will pop next door to Citi Group.

The price would have plumeted if the bonus was paid and the sums of money are not massive in the big scheme of things but it shows a fight back agains these excesss.

This action will focus the electorate that the Government is trying to achieve the job in hand which is to get the economy back on track

[ch1ck] 14/12/2010 08:19

Don't Fec with the ECB

[tom.b] 14/12/2010 08:16

The 10million represents a fair chunk of their stated capital... a very useful sum in these times... more importantly it might set a 'line in the sand' as far as crazy bonus's go.

[ch1ck] 14/12/2010 07:54

Whether or not the share price will rise on the news bonus's are not to be paid is realy immaterial, this is the first bank to take the morally correct action and I applaud the Irish government and bank for taking this stance.

[napoleon111] 12/12/2010 13:02

priceless!

[petersmith6] 08/12/2010 14:49

well up is up. dont care what the graph looks like as long as its is up

[rockin robin] 08/12/2010 06:18

On track -

[crosswire] 07/12/2010 20:46

Irish Budget Vote – Budget Approved Bit by Bit

Dec 7th, 2010 @ 09:55 pm › Yohay


The Irish parliament is approving the budget bit by bit. The long procedure will be over soon. The budget includes harsh cuts. This approval was a pre-condition for the bailout program for Ireland by the EU and the IMF, worth 85 billion euros.

82 members voted for the budget, as expected. While this result was generally expected, it wasn't 100% certain. Now that it's behind us, the Euro can rise.

[ch1ck] 07/12/2010 17:04

Nice move up today with buying in the US also. I still hold on to the opinion we will push up 1.40 Euro.

There are still sellers out there who bought on the way down to its low so I can see a fairly rocky assent, simmilar to the climb from March last year.

Looks like the rally has started

[hermana3] 01/12/2010 11:12

AIB were always entitled overrated gits! IMF not so enamoured with their frivolous ways and will shake their gilded cage bigtime pronto....

[hvs] 01/12/2010 11:03

ongoing international support are important measures designed to restore confidence in the Irish banking system, of which AIB is confirmed as an essential part.

lol !!!!

lol !!!!!

NO ONE TRUSTS AN IRISH "BANKERS" THEY HAS MADE THE COUNTRY BANKRUPT.

[napoleon111] 01/12/2010 10:24

AIB made the following announcement to the stock market this afternoon following the statements made on 28 November by the Irish Government and the Central Bank of Ireland.

The announcement read: 'We note that AIB's additional capital requirement has been set at €5.265bn by the Central Bank of Ireland, to be raised by the end of February 2011. The total core tier one capital (CT1) still to be raised by AIB has been estimated by the Central Bank of Ireland at c.€9.8bn and arrived at as follows:

PCAR €bn
30th March CT1 requirement c. 4.9
30th September additional CT1 requirement c. 3.0
28th November additional CT1 requirement c. 5.3
Business disposals (Poland & M&T) c. (3.4)
Total c. 9.8

"The estimated impact of the total remaining capital injection of €9.8bn is to increase AIB's pro forma CT1 at 31st December 2010 to c.14%.

"The Irish State will subscribe for the incremental capital requirement that AIB does not raise from other sources.

"The terms of the support package, agreed by the Irish Government with the European Commission, European Central Bank and the IMF, also require Irish banks to undertake restructuring programmes. In AIB's case, and as previously announced, a comprehensive review process is underway that aims to define the appropriate future size, structure and strategy of the bank.

"We believe that the increased capital requirements, associated liquidity benefits and accompanying statements of ongoing international support are important measures designed to restore confidence in the Irish banking system, of which AIB is confirmed as an essential part.

[ch1ck] 29/11/2010 22:53

Cheers Ugly will do

I can see this hitting 60 cents on its way 1.0 Euro this was up 10% at one point and finished up 4% in the UK and up 5% in the USA in a very negative market. I saw this as very positive.

[uggly buggly] 29/11/2010 20:39

Hey ch1ck me old mate, check out IPM, that's the irish bank share that's looking best to me. GL

[napoleon111] 28/11/2010 19:16

will sure be an interesting day!

[ch1ck] 28/11/2010 19:09

Bailout figures have been announced big moves tomorrow i guess

[hvs] 25/11/2010 14:30

Is this bank not BANKRUPT just the Irish economy and its politicians ?