Bank Of Cyprus Holdings ... Share Discussion Threads

[darky1974] 24/9/2018 10:21

11.1 milion shares yesterday volume...
Why????????

[catsick] 28/8/2018 06:59

Not sure what to make of this project to sell off a load of loans, upfront loss is bad but improving capital is good and we are closer to the day the patient can leave the hospital and start paying some divs !

[darky1974] 24/8/2018 11:04

...preparing for take off...small byuing volumes today,..clever money..little more on Monday,..and the flock on Tuesday morning.
2.65 is the target ending the 5th wave.

[darky1974] 22/8/2018 10:25

Waiting for the last 5th wave,..going up...volume is minimal..don;t scare us...is drying out...2.70 is the target.

[catsick] 22/8/2018 07:56

Results for q2 out tomorrow, should be another 10c of earnings and guidance around the much improved capital situation post uk disposals which should confirm that no more capital will need to be raised

[darky1974] 20/8/2018 13:10

By the book, if we are at the 4rth wave the fifth in shall go up until 2,70!

[ny boy] 24/7/2018 15:12

Surprised no one else has clocked this one yet!

[ny boy] 20/7/2018 10:44

I’ve been accumulating, could be one of the best euro bank recovery plays around, Cyprus is booming again, lending is up, plenty of overseas money pouring in.

Dyor as usual

[catsick] 14/7/2018 00:29

Interesting to read that Wilbur ross was very late in disposing of the shareholdings he was forced to sell after joining trumps cabinet, he once geld 18pct of bank of cyprus and sounds like he only recently managed to fully divest, seems to me the huge puke from 3 to 1.5 could well have been driven by his selling, now he is confirmed as been fully done should be a bullish signal !

[catsick] 12/7/2018 07:26

I think this sale of the uk biz makes a lot of sense, frees up a bunch of capital, 70bps of extra cet1 which means its looking very good for no more capital raises at all, including expensive bonds.... also good to see it go through above book value and leave 40c guidance unchanged , excellent!

[ny boy] 01/7/2018 06:00

Be useful if the starter of the thread could insert some charts in the header? TIA

[catsick] 29/6/2018 16:55

Looks to me like someone is building a big stake here, I suspect also that the probability of a further capital raise being needed has receded as the 40c a year of earnings will probably do the job !

[catsick] 29/6/2018 15:06

Yes looking very nice indeed, very happy to have doubled up at 1.66 ....

[darky1974] 28/6/2018 13:02

cup & handle pattern confirmed

[darky1974] 20/6/2018 09:26

..according to theory, now its the time to go up in case of a cup & handle pattern./

[darky1974] 18/6/2018 14:09

1,82...
and last barrier...1.786..in case of a break...then right shoulder is becoming reality.

[panagos] 18/6/2018 13:30

ok, thanks.

I personally see it breaking to the downside but could be wrong.

[darky1974] 18/6/2018 13:23

But,..as you may see,..volumes are low and draining. More possible move is cup and handle..now handle.. except,...we see breaking tipping points and lows and increasing volumes.

[darky1974] 18/6/2018 13:18

no..sorry,
Head 1,98-2.01
left shoulder already formated from 1.86-1.68
Right shoulder is about to be seen,..IF...
NECKLINE in that case is 1.66.
If thats the scenario then 1.20-25 is really visible.

[darky1974] 15/6/2018 11:51

If it goes down to prices between 1,61-66 then it ll probably create a reverse head and shoulders pattern, targetting 1,20-1,25.

[darky1974] 15/6/2018 10:16

gap 1.68-1.78 sooner or later should be filled.

[panagos] 14/6/2018 15:47

Gap down to 1.60 soon to be filled.

[darky1974] 04/6/2018 15:47

cap and handle..??
reverse head & shoulders..?
or ..surprise??