Bank Of Ireland Share Discussion Threads

[cruiser70] 02/9/2014 15:33

Huh? I thought he sold his remaining shares?

[cricklewood] 02/9/2014 08:05

Its looking good kid, no wonder Wilbur kept his original stake.

[kemorkid] 01/9/2014 17:08

Slowly but surely the Phoenix BKIR rises.
Long make it continue.

[cruiser70] 29/8/2014 15:40

Some fib resistance to be aware of
free stock charts from uk.advfn.com

[cruiser70] 29/8/2014 15:35

Love her to stay around the 30cent level to build a strong base before taking out that recent high.

[cricklewood] 29/8/2014 09:22

This is getting rather interesting ?.

[docdave2] 27/8/2014 16:34

You need to look also at the Irish market, 197M shares traded today. Some just sold 80M in 2 blocks there and the share price still rises, it can only be shorts covering!! Yes they are also buying when covering!!We are also forgetting the Warren Buffet moto, you run in when everyone else is running out!!

[cruiser70] 27/8/2014 16:09

Well, I'd call that a nice day at the office.

[cruiser70] 27/8/2014 16:09

Well, I'd call that a nice day at the office.

[joeall] 27/8/2014 15:54

Doc,if they are closing their shorts don't they have to buy shares
to do so?

[kemorkid] 27/8/2014 15:50

100m doc and 45 mill dealt in total???

[docdave2] 27/8/2014 15:40

Well most of the shorts are gone now at 30centsLooks like 100M shares sold in a few different transactions today but theses are probably just shorts closing off their short position and turning over to the buy side

[montyhedge] 27/8/2014 15:31

BOI 13.375% bond looks superb value. Price at 170 Yield 7.9%

[kemorkid] 27/8/2014 15:29

Nice run here -wonder what is going on behind the scenes.

KK

[lbo] 22/8/2014 18:18

Barclays trades at a book value of just 0.65x

[lbo] 22/8/2014 18:13

No wonder Wilbur dumped Bank of Ireland at 2x book value when he can find so many European banks well below 1x book value!

[lbo] 22/8/2014 17:29

I think we will all be waiting a very very long time for another Irish credit bubble and the €2bn in profits to return! So nobody hold their breath for that 50c anytime soon!

And just because AIB trades at 4x book value does not mean that Bank of ireland at 2x book value is good value! Both are overvalued relative to UK and European banking peers who trade at closer to 1x book value.

Fyi Banco Santander trades at 1.2x book value and has dividend yield of 6%!

[wajai1986] 22/8/2014 17:04

I can buy a house when it reach 50c

[cricklewood] 22/8/2014 16:08

50c will do me aswell for a £26k sterling profit.

[red army] 22/8/2014 15:10

I would settle for 50c for the time being.

[lbo] 22/8/2014 14:55

At Ireland's peak of credit madness BKIR was making operating profits of over €2 billion and had a peak Market Cap of €16bn.

Now it is still nowhere near making half that in profits yet it's market Cap is already €9bn? Never mind the fact that it's one the most expensive bank in Europe trading at 2x book value albeit cheaper then AIBs ludicrous valuation

And let's even say it did manage to get back to that credit bubble profit of €2bn. We can fantasise! And if it did somehow get back to its peak €16bn market cap then sadly that would still only equate to 50c per share after the billions of shares that were issued over the last few years! So you could be waiting forever to see €1 here! But as we see with AIB a bit more then Bank of Ireland bubbles still exist in the Irish banks!

[kemorkid] 22/8/2014 11:26

October 17th

[hunter321] 22/8/2014 10:57

When are the stress test results due?

[docdave2] 21/8/2014 19:23

As I said on Monday, load up and away we go. We will pass Europe stress tests and then its going to shoot to 1euro if not straight away then definitely by Christmas