Bank Of Cyprus Holdings ... Share Discussion Threads

[darky1974] 04/6/2018 15:08

...no more strength for buying...now its time for the price to stall..

[darky1974] 04/6/2018 07:59

Technically the stock is overbought..as for RSI14, rsi Stochastick and WilliamsR...the stock has to hold 1.878 and last 1.852...i dont like the upwards beggining..i would prefer the opposite..still is a bulltrap...2.05 is the level that if breaks will lead instantly to 2.115..i would prefer to see prices between 1.938-2

[catsick] 04/6/2018 07:37

Interesting piece in the weekend ft about the strong recovery as of late in the limasol market, the visa scheme seems to be pulling in a good number of buyers and the uk seems to be telling wealthy Russians to get lost ... wont take much more of a recovery to remove the need for more capital raises, earning 10c a quarter is organically building capital at a healthy clip and higher real estate prices will push bad debt coverage levels even higher

[darky1974] 01/6/2018 06:11

1.878 is the PRICE that has to HOLD and for UPRWARDS if it breaks 2.029 then technically will meet soon the 90 sma. and 2,11.
My guess is that WILL consolidate between 2.02 and 1.88 for 4-6 trading days before it really show us direction. Be honest days before it stock showed signs that price was going upwards. Trade was starting with lower prices and by the day losses were erased and was kind of steady with small % gains. Now,..if we see the opposite will be for down.
Possible daily range 1.938-2.
50 sma is at 1.878 and descending
90 sma 2.091
30 sma 1.7793

[darky1974] 31/5/2018 07:59

..probably will stay to prices between 1.95-2.02 for the next 5-6 trading days before a break out.
so long..

[darky1974] 31/5/2018 07:56

..now is at edge,..next point 2.11...but has to consolidate first at least 1.938..still not byuing...all this is a fake..

[darky1974] 31/5/2018 06:59

..would you buy now...??
i wouldnt.,..touch..

[darky1974] 31/5/2018 06:49

REVERSE h$s is a BUY formation,..and we are at the edge of the neckline.

[darky1974] 31/5/2018 06:48

..still overbought RSI,..and just above the 50 day average

[panagos] 31/5/2018 06:22

you mean reverse h&s?

h&s is a sell formation

[darky1974] 31/5/2018 06:13

The stock is a buy now. Head and shoulders pattern formation..a potential break out may sent the stock at ....guess....at 2.28

[panagos] 30/5/2018 16:55

A client of ubs Zurich just bought 10% of the stock

[panagos] 30/5/2018 14:02

bounce...well done if someone bought at 1.50.

Alive cat ...dead cat..... has to be seen.

I stay on the side-lines.

[darky1974] 27/5/2018 07:29

it is at the edge of 1,66...
needs soon a break out of 1.786....though we ve seen prices moving slightly higher, higher bottoms, if not see a real break out of 1.786 and 1.88 then.....1.25

[darky1974] 21/5/2018 16:24

hxxp://dialogos.com.cy/haravgi/dania-7-dis-evro-pros-polisi-apo-trapeza-kiprou/#.WwLyTO6FOUk

[sivsy] 15/5/2018 14:56

Useful link, thanks but its aggregated data. I can't find anything on how BoC is faring in 2018 other than increasingly blunt press comment by the CEO insisting lawmakers get a grip on NPL reduction.

[sivsy] 14/5/2018 14:22

The recently announced Stability Programme for 2018-21 has the impressive goal of "swiftly addressing the last remaining challenge of the banking sector in the course of 2018 with the objective of reducing the NPLs of the sector significantly, as much as 40%”.

Setting aside the optimistic target, is this evidence of the government finally getting to grips with the serious problem of NPLs?

[panagos] 14/5/2018 10:50

Share price does not care if its held by Russians Americans Cypriots etc in my opinion.

NPLs are dire due to the lack of efficiency of Cyprus courts.

Borrowers know that so they just don't pay.

If the legal system tightens up against non payers that would hugely diminish NPLs presto!

Although I agree that current holders will probably be wiped out or lose most of their investment.

[darky1974] 14/5/2018 09:54

Its not only NPL'S..but also shareholders which were previous depositors mostly Russians., These shareholders probably are about to be evaporated through the deliberate non actions tackling the NPLS properly and on time,..so..capitalisation is being burned through NPLS. So...new shareholders would step in as a new generation of investors in BOCH replacing Russians who will probably be diluted. Just geopolitics..

rsi* easily send to 26 just a few below 30. Still below 1.678

[panagos] 14/5/2018 07:25

If NPL situation wasn't so dire MCap of €700m for a company that produces €200m of revenues is dirt cheap.But it is.

[darky1974] 14/5/2018 06:34

RSI daily 17.8, oversold, we have a way up to 1.678 first step and second at 1.787 in order to get out the oversold area and be able to go down again.
Be honest, think that we have seen lowest price (1.41)for months..get out of the downward spiral we need prices over 1.88 then 2.03 and finaly over 2.38

[panagos] 10/5/2018 15:32

Yep it found buyers at this level...let's see what 2mrow brings

[darky1974] 10/5/2018 15:27

from 1.41...1.58 now..that was good consolidation. Probably from there will see prices higher. But the real problem is still ahead.