Fiinu Share Discussion Threads

[thecrownsucks] 30/3/2010 09:00

it will...trust me... buy back 50p

[schosam] 30/3/2010 08:58

yes, but lloyds hasnt moved?

[thecrownsucks] 30/3/2010 08:55

Monday, 29 March 2010 19:32 UK
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Irish bank stocks fall before government announcement

AIB recently reported a large annual loss
Shares in two Irish banks have fallen sharply, a day before the Republic of Ireland government is expected to say it will raise its stakes in the banks.

Stocks in Allied Irish Banks (AIB) ended Monday trading down 20% at 1.365 euros, while those of Bank of Ireland fell 10.4%.

Reports say the government will lift its stake in AIB from the current indirectly-owned 25% to more than 70%.

It is expected to raise its ownership of Bank of Ireland from 16% to 40%.

Both banks have been continuing to struggle with losses and bad debts on the back of the big downturn in the Irish property market.

At the start of this month, AIB reported a pre-tax loss of 2.6bn euros ($3.5bn; £2.4bn) for 2009. describing the year as "very challenging".

Irish Finance Minister Brian Lenihan is due to speak about the government's plans regarding the two banks on Tuesday.

[schosam] 30/3/2010 08:55

lloyds share price doesnt reflect your view.

[thecrownsucks] 30/3/2010 08:50

IRISH BANKS COLLAPSING....

[ryan_j] 24/9/2008 14:29

LOL LOL AND THRICE LOL!

[ryan_j] 24/9/2008 12:46

LOL LOL AND THRICE LOL!

[ryan_j] 24/9/2008 11:26

LOL LOL AND THRICE LOL!

[ryan_j] 24/9/2008 11:13

LOL LOL AND THRICE LOL!

[johnwalton] 28/4/2008 09:44

what a p-rick

[the_equaliser] 21/3/2008 20:08

I do not believe the hype

Why are they helping out
What have they screwed up
They were involved, why let them of the hook