Bank Of Ireland Share Discussion Threads

[red army] 22/9/2014 17:08

Back to 28c first

[ulinbac] 22/9/2014 16:50

Any ideas on what happened with the drop after lunch?

Think it's MM trying to fill orders as it bounced back quite a lot.

Doc,

I'm expecting 45-50cent by xmas. Where are you getting 1 euro?

[cruiser70] 19/9/2014 16:54

Anybody for some fibs with their cup n handle?


free stock charts from uk.advfn.com

[kemorkid] 19/9/2014 15:50

Love your timetable doc!!!

[docdave2] 19/9/2014 15:35

Don't even go there guys!! Our 1916 heros would be turning in their graves!!Anyway back to the stock, its making a nice steady floor at 32cents and will strike to the previous high of 38cents either on or before the October stress tests and then blow past this when they pass all the way back to 1euro

[benchmark] 19/9/2014 10:57

Too true - just opting for the ballot-box option for the moment

[cricklewood] 19/9/2014 09:57

Yeah they have`nt gone away u know.

LOL

[benchmark] 19/9/2014 09:54

Would be preferable to seeing the "you know who" crowd getting into power!

[cricklewood] 19/9/2014 09:04

We should have a referendum in ireland to rejoin the UK.

[kemorkid] 18/9/2014 21:09

Nice lift today -Ireland is on way back

[goggin] 05/9/2014 09:00

Irish Shares: Stock market capitalization at end 2010 was at 1997 level in current money values
By Finfacts Team
Jan 1, 2011 - 9:32 AM

Irish Shares: The stock market capitalization of public companies on the Irish Stock Exchange at the end of 2010 was at €47.6bn compared with the end of 1997 level of €46.8bn. However, this comparison is in current money values, which means that in inflation-adjusted terms, 2010 was much lower.

The total market capitalization at the end of 2009, was €44bn compared with €82bn at end 2004; €95bn at end 2005; €119bn at end 2006; €93bn at end 2007 and €32bn at end 2008.

The ISEQ index of shares fell 3% in 2010 to 2,885 while the financial sub-index tumbled 61% to 414 points.

Eleven companies account for 80% of the capitalization making up the ISEQ index with global building materials firm CRH at 27.3%, followed by Ryanair at 13.3%.

Just before Christmas, Allied Irish Banks (AIB), the former leading Irish bank, was moved from the main market of the Irish Stock Exchange to the small companies market. It had a value of €324m on Dec 31st and accounted for 0.7% of the total market capitalization.

On February 21, 2007, the ISEQ index rose to an-all time high of 10,041 and the financial sub-index rose to 18,098.

Bank of Ireland closed at €18.65; Anglo Irish closed at €16.64 and AIB closed unchanged at €23.95.

Bank of Ireland closed at 37 cent at the 2010 year-end and AIB was at 30 cent.

The Irish Examiner reported in February 2007: "Much of the growth seen and expected in the Irish market is underpinned by the economic fundamentals.

This year and next the Irish economy will grow about 5%, compared to 1.5% last year for the Eurozone and 2.2% for 2007.

For the past few years, stock market performance has been up over 20%, with 25% growth in 2005.

Forecasts for this year are very good, with growth in the overall value of the market expected to reach 20% or better."

In June 2007, one month after the general election and six weeks before the onset of the international credit crunch, Finfacts reported that investors had dumped Irish shares after Irish Life & Permanent said in a trading statement, that its residential mortgage book would grow by 20% in 2007.

Only 20%!!!

In July 2007, Citigroup CEO Chuck Prince had infamously dismissed fears about an early end to the postmillennial debt frolics. “When the music stops,” he told The Financial Times, “in terms of liquidity, things will get complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”

In the same month, Taoiseach (Prime Minister) Bertie Ahern, who had been a hospital bookkeeper before entering politics, told a a trade union conference that he did not know how people who moaned about the economy did not "commit suicide".

"Sitting on the sidelines, cribbing and moaning is a lost opportunity. I don't know how people who engage in that don't commit suicide because frankly the only thing that motivates me is being able to actively change something," Ahern said.

Two weeks before, Finfacts said the slowdown in the Irish housing market which would result in a fall in economic growth in 2008, would hit bank shares which "have got investors addicted to impressive double-digit returns during a long boom."

Ryanair's Michael O'Leary said: `We expect a big downturn in the next 12 months, we just don't know what's going to cause it. We must be due one.''

[goggin] 05/9/2014 08:44

hxxp://www.wikinvest.com/stock/Bank_of_Ireland_(IRE)/Data/Market_Capitalization/2007

This was at the market peak Bank of Ireland » Market Capitalization » 2007

$21.79 billion Q1 2007

2007
AT A GLANCE


$21.79 billion $20.75 billion $17.05 billion $16.09 billion
Q1 Q2 Q3 Q4


Bank of Ireland (IRE)
16.73

0.12 (0.72%)
as of Sep 4, 4:00 PM EDT 2007
Intresting comments above which are logical, however, the market is never a logical animal and this could just go sill on a bid or stake building, hence, we might see a higher market cap than at the peak of the boom despite it making no rational sense. Therefore 60c is not logical but entirely possible if the market gets over excited as it has a habit of doing.

[cricklewood] 05/9/2014 07:55

Let me entertain you while we are waiting for 35c.

[docdave2] 04/9/2014 20:37

Yes and it broke .3250 today so its on the way to .35To follow up ECB cut the rates and interestingly cut the emergency borrowing rate for banks.... Just in time for the stress tests and I guess they are expecting this to be used by banks which probably means more bailouts!! But not my this stock machine :-)

[cruiser70] 04/9/2014 18:38

re post 14302 that horizontal resistance and 62% fib line held her gallop today .325

[cricklewood] 04/9/2014 15:03

This getting rather nice Kid, long may it continue!!!!!

[kemorkid] 04/9/2014 12:07

UK rates held at .5%.
ECB rate announcement at 12.45pm Hmmmmm

[cruiser70] 03/9/2014 20:28

red to green nice turn... interested to see how she reacts to 32p

[kemorkid] 02/9/2014 20:53

Kid, stop talking yo yourself !

[kemorkid] 02/9/2014 20:52

Nice buying across the pond this pm.

[kemorkid] 02/9/2014 19:32

They now have 4.15% of that Irish Phoenix
Nice to see that level of support .
Wonder what draghi has to say Thursday
Could be welly intalesting!

[cricklewood] 02/9/2014 19:07

Blackrock have increased their holding.

[cricklewood] 02/9/2014 15:42

Sorry cruiser u are quite right.


09-Jun-14 Sell Trade Notifier Information for Bank of Ireland (Governor & Company of the)

Wilbur L Ross Jr 0.26 EUR 1,793,819,264 0

[cruiser70] 02/9/2014 15:33

Huh? I thought he sold his remaining shares?