Bank Of Ireland Share Discussion Threads

[t 34] 02/3/2014 11:59

Are the results on Monday the 3rd ????

[cricklewood] 01/3/2014 07:25

An no usual sell off before news, must be be excellent ?

[hunter321] 28/2/2014 21:27

Wow, this is some serious movement lately, over 85m shares changed hands today. OK, expect a bit of a drop next week, but this must be results news leaking. If they are a lot better than expected, we may see further increases.

[cruiser70] 28/2/2014 17:28

Good for 2013 will be anything less than 870m loss, turning to profit fy 2014

[red army] 28/2/2014 15:54

As always until the day of the results when the sellers move back in.
I guess it should nudge 40c before and then retrace to 30 odd because of the sellers.
I intend to take advantage of this movement hopefully although there are no guarantees of this happening.

[hunter321] 28/2/2014 15:27

Looking at this, someone is expecting the results to be good

[kemorkid] 28/2/2014 13:59

I stand Corrected B.

[benchmark] 28/2/2014 13:28

Hmmmm - I thought it was the 3rd. (hxxp://www.bankofireland.com/about-bank-of-ireland/investor-relations/financial-information/year-end-results-2013/)

Either way, it doesn't change the scenario much

[hvs] 28/2/2014 13:23

What resuts ???

Is THEY NOT BANKRUPT ?????

NAMA and BIG MAMMA

[kemorkid] 28/2/2014 13:19

Monday B,
Thought results were out March 5th

[benchmark] 28/2/2014 13:16

My guess is we will close today around .365. NY may pull it higher in the afternoon. Then it all hangs on Monday - better than expectations might push it towards the 39/40 region but there is undoubtedly a lot of frothy money in here which will disappear quickly so I expect to see a lot of profit-taking too. That said, BoI is now seen as a primary bellweather for the Irish economy. If all the present indications are correct and we are heading out of this mess then BoI can only benefit.

A poster called "Radar" has written very lucidly on this general theme over on the LSE boards

[kemorkid] 28/2/2014 13:00

Next stop at ?

[docdave2] 27/2/2014 17:03

It's completely manic, which proves it's full of air and speculation...

[cricklewood] 27/2/2014 16:34

What a nice spikey finish, don't I just love this share.


Luvvly Jubbly.

[hvs] 26/2/2014 14:11

Is this NOT BANKRUPT like the COUNTRY ????

Oris it all NAMA , maybe manana or even malala

[red army] 26/2/2014 13:47

doc

It is only great streaming if it works properly - be careful as it should not be taken too seriously like an order book.

[docdave2] 26/2/2014 13:27

And even your own stock broker doesn't provide you with free streaming prices in Europe, even thought you pay ridiculous "management" fees even though you manage your own account....

[docdave2] 26/2/2014 13:26

I haven't seen issues with their price quotes, maybe once or twice but that's about it, I think it's a great free tool especially when you have to pay everywhere else

[red army] 26/2/2014 10:25

I WOULD NOT TAKE TOO MUCH NOTICE OF THE ADVFN TRADES AS THEY OFTEN SHOW UP AS THE WRONG THING.

[lukee2] 26/2/2014 10:09

Way more buys than sells. I think they were due a down day; let a few off the train and then pull off again!

[cricklewood] 26/2/2014 06:51

BoI is Barclays' top pick for coming year




hxxp://www.independent.ie/business/personal-finance/boi-is-barclays-top-pick-for-coming-year-29893288.html


John Mulligan – 07 January 2014

Bank of Ireland has been named by analysts at Barclays as their top European banking pick for 2014.

Initiating coverage of Bank of Ireland, the Barclays fixed-income analysis team said that after being loss-making for five years that the Irish institution has seen a "significant improvement" in pre-provision profitability which, combined with falling impairment losses, "could mean a positive bottom line profit for 2014".

The Barclays analysts -- who focus on fixed-income investment opportunities rather than the equities typically bought by ordinary punters -- are betting that special shares issued by the bank are the best way to capitalise on its improving performance.

Barclays says that investors should opt to invest in Bank of Ireland's 10.24pc preference shares, which will yield a 7.5pc return up to July 2016.

It's also recommending that credit investors take positions in five-year subordinated credit default swaps attached to Bank of Ireland, which it says "trade at one of the widest levels in peripheral Europe".

But the report from Barclays should provide some cheer for shareholders of Bank of Ireland's ordinary stock

[kemorkid] 25/2/2014 08:58

You will get your. 40 mill Bol today lee
With ease

[cricklewood] 25/2/2014 08:23

hxxp://www.independent.ie/business/irish/boost-for-banks-as-nama-to-make-payments-on-junior-debt-30037838.html




Joe Brennan – 25 February 2014

NAMA plans to start making payments on its so-called "junior debt" owed to banks as early as next month. The move will provide a boost to AIB and Bank of Ireland.


The National Asset Management Agency (NAMA) plans to make an interest payment on the so-called subordinated or junior bonds for the first time since the debt was issued in 2010, according to sources close to the situation.

It is understood that banks were told to expect the payment in recent days.

The decision to make the payment "represents a major development in the history of the Irish property agency, illustrating its improved financial position and the confidence management has in its outlook", said Ciaran Callaghan, an analyst with Dublin-based Merrion Capital.

NAMA has repaid €7.5bn of its bigger senior bond debt to date in line with a deal struck with the troika, but payments on the €1.6bn of riskier bonds are at the discretion of the agency.

The junior debt carries a 5.264pc coupon or interest rate, according to NAMA's own data, suggesting a coupon payment of €84m.

NAMA declined to comment on the plan.

The agency used €32bn of bonds or IOUs to finance its purchase of loans transferred out of the banks at a discount of 58pc in 2010.

About 95pc of the payment was in senior NAMA bonds, with the rest in the subordinated bonds.

The senior bonds must be repaid, but the junior securities only have to be redeemed if the agency beats a target of repaying all of the senior debt by 2020.

The decision to start making payments on the junior bonds is an indication that NAMA does not expect to make a loss over its life.

That is why the move is significant, Mr Callaghan says.

AIB will be the big winner from the move. That is not only because it will receive a share of any payment but it may be able to revalue its entire stock of subordinated NAMA bonds once the cash starts flowing.

They were valued at just 10 cents in the euro in June, according to sources.

Bank of Ireland has valued its junior NAMA bonds at 44pc of face value. (Bloomberg)

[scottishfield] 24/2/2014 17:01

looking v good indeed.