Irish Life&P.Gp Share Discussion Threads

[the stigologist] 25/5/2015 21:51

Dream Ahead
23 May'15 - 10:58 - 8 of 8 1 0

Conclusive proof that Loverat's mouth is his own worst enemy.

This is the same fool who supported the Langbar shareholders who decided to stick with the Company Scheme of Arrangement - only to find out years later that the Scheme was nothing more than the means to allow the management to get access to the money - and keep it for themselves through fees and share dilutions.

Loverat attacked the Representative Action shareholders because they wanted a fairer share of their money back. Turned out that the RA shareholders received nearly 6 times the value back than the Scheme shareholders.

This show that following Loverat's advice can cost you a great deal of money.

I've since spoken to Scheme shareholders who wished that they never listened to this poisonous idiot and had joined the RA action instead.

[the stigologist] 25/5/2015 21:48

"Never get involved in action groups or campaigns as the people driving them are in it for themselves. "

[dream ahead] 23/5/2015 10:58

Conclusive proof that Loverat's mouth is his own worst enemy.

This is the same fool who supported the Langbar shareholders who decided to stick with the Company Scheme of Arrangement - only to find out years later that the Scheme was nothing more than the means to allow the management to get access to the money - and keep it for themselves through fees and share dilutions.

Loverat attacked the Representative Action shareholders because they wanted a fairer share of their money back. Turned out that the RA shareholders received nearly 6 times the value back than the Scheme shareholders.

This show that following Loverat's advice can cost you a great deal of money.

I've since spoken to Scheme shareholders who wished that they never listened to this poisonous idiot and had joined the RA action instead.

[shareho1der] 18/5/2015 09:17

New epic: IL0A . note its "Zero" not alphabetical "O"I think we should all move to the new board

[shareho1der] 29/4/2015 11:18

Its funny the Board and Irish Government are now doing what they should have done in 2011.Back then, it was said this Bank needed to raise a capital . The Board should have delisted from ISE and LSE, raised capital from private investors at a small discount and allowed existing investors to participate in funds raising .By doing all that now, the government are now admiting they got it wrong in 2011 in my humble opinion .Lets wait for the Court verdicts .Can someone tell me when this will be relisted on the main markets.

[shareho1der] 07/1/2015 23:26

Thanks for the link, investorpesant.I received an e-mail from Piotr as well.After reading all the documents in the link , I concluded that the finance minister action is similar to a Doctor forcing blood out of a parent to save a child .Yes, its necessary to save a child but there is legal procedure to follow . I eagerly await reports from European court of justice and European commission of human rights .Good Luck to those of us still holding shares bought before 26 July 2011.

[investorpesant] 07/1/2015 19:06

hxxp://www.ilpshareholders.com/solutions.html

[the stigologist] 09/11/2014 19:39

how is your legal action going Loverat

3 years on ?

[shareho1der] 22/10/2014 07:05

Its funny earlier this year when a compromised ceo Marsding said a stand-alone retail Bank will return to profitability in 2016. He said PTSB with its loans book can only be profitable in 2018. Who is he kidding ? When I am sure the interest rates will be back to 4% way before that. These people are so corrupt and they say anything to justify their stealings.I am just so pleased the EU have seen through the fraud and reject their questionable restructuring plan while approving both AIB and BOI plan.I believe this is a very first step in seeking justice and redemption for the badly treated shareholders here.

[shareho1der] 20/10/2014 10:32

investorpeasant.You should not worry about the bod cover up.We all know the truth .Stress Test results come up next week on 26 October .We will even no more then.

[investorpesant] 19/10/2014 21:12

find this info at investor relations ptsb

[investorpesant] 19/10/2014 21:11

hxxp://www.permanenttsbgroup.ie/investor-relations/media-centre/press-releases/2014/18-09-2014.aspx

[investorpesant] 19/10/2014 21:09

hxxp://www.permanenttsbgroup.ie/investor-relations/media-centre/press-releases/2014/18-09-2014.aspx
this just shows you how the bod play down the massive improvement in the quality of the loan book,why not report how arrears cases have fallen from peak and not from the start of 2014 ?????? mortgage arrears have fallen by 30% from peak.24500 hl 90 days+ to 16400 aug 2014,btl 5000 to 3300 cases.thats 10000 cases gone back to performing and these cases have still got a provision pined to them so simple maths stock provision on the roi mortgage book 3.1bn write back up of 1bn,and this doesn't take into account that the vast amount of outstanding arrears cases have been restructured + house price increases.

[the stigologist] 15/10/2014 23:40

here is a link to it

[the stigologist] 15/10/2014 23:40

you need to go on Loverats' IPM legal action thread

the one he started and never posted on again

pmsl

[shareho1der] 15/10/2014 23:05

Very quiet here.You all remember the Irish Government plan to steal our remaining assets under the disguise of so called 'restructuring plan '. Under this shady plan , both the Irish and UK loans on PTSB book will be sold off at a massive discount to some selected privileged people and it will be those people that will reap the benefits when, as expected, the interest rate goes back up.I am pleased to read that the almighty EU have kick that dubious plan into the very very long grass never to see the light of the day.We the Shareholders have won the round one.Lets see if we can get our Insurance Company, the Irish Life back ......

[the stigologist] 23/9/2014 10:46

so how did your cat do bringing action against IPM Directors that you failed to bring ?


Loverat
23 Sep'14 - 10:43 - 444893 of 444893 0 0

TopInfo

I think we have seen many heavily discounted placings. Companies where the business model is flawed or a history of incompetance but they still get one away at not too much of a discount.

All I can say is that in this case incompetance and poor business probably applied, plus the directors must have been completely inept - particularly only months after raising at a far higher price .

My cat could have done better.

[shareho1der] 18/9/2014 10:59

If you bought shares here before 18 September 2011 and like me you are still holding, please continue holding . There is now a high probability the European High Court will rule in our favour . The odds is in our favour .Compared to other shareholders in other European Banks in a similar situation, we have been treated unfairly .All my opinion .

[shareho1der] 09/9/2014 14:54

Cudman.I think Noonan is on a dodgy ground here.Instead of him blabbing about gown ptsb need to be recapitilised, he will need to explain why he did not allow the bank to seek private investors but instead he revealed his pre-mediated restructuring plan immediately after the stress tests results on March 31 2011.Secondly he will have to justify his recapitalisation at 6.23 cents rather than at statutory 32 cents .Thirdly, He will have to explain why he ignored the shareholders votes that took place on 18 July 2011.Finally, if he wanted to own 99% of the bank, the legal and moral ways is to allow the shareholders to sell their shares.I think the Irish high court judge knows Noonan had acted unlawfully but would rather left the final decision to the European High court .The story continues ....

[napoleon111] 19/8/2014 13:42

hxxp://www.independent.ie/business/irish/permanent-tsb-announces-drop-in-losses-to-171m-30519319.html