ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MCRB Mcb Fin Grp.

122.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mcb Fin Grp. LSE:MCRB London Ordinary Share GB00B1LD2G45 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 122.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MCB Finance Share Discussion Threads

Showing 1 to 19 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
02/12/2010
11:15
particularly odd after yesterdays statement re: shareprice

re:similar situations, perhaps take a look at the 2 year chart of OPF, Offplan

pretty high risk here, but maybe a fun gamble anyhow

mister md
02/12/2010
11:04
Looks like it. Big sell yesterday I think.

Seen quite a few situations like this but this one seems very thinly traded.

loverat
24/9/2010
12:24
The extent of economic collapse in Latvia is shocking even to an Irish observer
lbo
03/9/2010
09:14
Profits in Desmond's Latvian bank plummet by 66pc
lbo
03/2/2010
12:49
Rietumu Banka, the Latvian bank in which financier Dermot Desmond has a 33pc stake, posted a more than 50pc decline in profit to €13m last year as the Baltic state's economy teetered on the brink of collapse.
lbo
29/1/2010
20:26
Eurozone unemployment


The highest increases were registered in Latvia (11.3% to 22.8%), Estonia (6.5% to 15.2% between the third quarters of 2008 and 2009) and Lithuania (6.5% to 14.6% between the third quarters of 2008 and 2009).

lbo
01/11/2009
09:44
Desmond bank sues Memery
lbo
20/9/2009
10:56
Another Latvia wobble



Latvia's parliament failed to pass a critical property tax hike plan on Thursday which was closely connected to conditions agreed with the European Union and International Monetary Fund for its €7.5bn bailout.

Analysts are now worried the vote's failure could reflect a major crack in the government coalition, threatening Latvia's defence of its euro peg. As can be seen in the Finance Ministry's letter of intent, there's still an extensive list of measures and conditions Latvia has to meet to qualify for financing.

lbo
10/8/2009
19:37
S&P downgrades Baltic states' debt ratings
The sovereign debt of Latvia and Estonia have been downgraded as the brutal slump plays havoc with public finances and tests commitment to euro currency pegs across the Baltic states.

lbo
10/7/2009
09:18
10 east European nations seek IMF help
lbo
05/6/2009
10:23
Desmond-backed bank predicts profits will slump to €14m this year
lbo
02/6/2009
21:08
Latvia's currency peg

Latvian officials insist they will not devalue the currency. If only the market believed them. Jitters began when Sweden's central bank last week bolstered its foreign currency reserve by borrowing SKr100bn from the Swedish debt agency. That was seen as a buffer to support Swedish banks – which have $75bn exposure to Latvia, Lithuania and Estonia – should the Baltic states lose their battle to keep their currencies pegged to the euro. Meanwhile, Latvian officials warned its economy could shrink by a shocking 18 per cent this year. That would mean the budget deficit exceeding the limit agreed in an international bail-out in December – requiring more belt-tightening.

lbo
11/5/2009
12:43
Latvia's economy shrank by almost 30%
lbo
04/5/2009
16:22
EU economies may fall 4 percent this year

The European Commission has revised its economic forecasts for this year. The EC expects the economies of the 27 European Union countries to decline by an average of four percent. This is double the two percent drop forecast in January.

The Irish economy is expected to fall by nine percent and the Latvian by around 13 percent. Germany, which is Europe's largest economy, is facing a decline in economic activity of 5.4 percent.

lbo
16/4/2009
21:52
Crisis-Hit Latvia Says It Must Slash Budget Or Miss EU Loan

RIGA (AFP)--Recession casualty Latvia may fail to receive payment of 1.7 billion euros from the European Union, part of an international bailout, unless it slashes its budget by 40%, the Baltic country's Finance Ministry warned Thursday.

"We must cut public spending on average by 40% to comply with the budget deficit framework" set down in a rescue package approved in December under the auspices of the International Monetary Fund, ministry spokeswoman Diana Berzina told AFP.

"In the event Latvia doesn't carry out structural reforms and doesn't cut public spending, there is a possibility that Latvia will not receive the international loan," she said.

In an interview published Thursday in the economic daily Bizness i Baltia, Finance Minister Einars Repse was quoted as saying "everything is pointing" to Latvia missing out on the crucial cash, which is due in June.

"We should take this reality very seriously. We are preparing for this scenario," he said.

Latvia has already received some EUR1.6 billion from the total EUR7.5 billion bailout, but two weeks ago it failed to get a EUR200 million tranche from the IMF.

The delay came after Riga was deemed not to have done enough in time to cut its budget, one of the conditions of the bailout.

The Latvian government had already slashed spending in December - sparking street protests over public sector wage cuts - and is now trying to make still deeper cuts.

As part of the bailout deal, Latvia pledged not to run a public deficit in excess of 5% of gross domestic product for 2009 but has been struggling to meet that goal.

Prime Minister Valdis Dombrovskis has warned Riga could face bankruptcy by June if it doesn't get the funds. Berzina said there was enough money in state coffers to last until July but that Latvia would thereafter have to rely on the rescue package funds.

The economy of the country of 2.3 million people grew 11.9% in 2006 and 10.2% in 2007. But output fell 4.6% in 2008 and the government forecasts GDP will shrink by 13% this year.

lbo
20/1/2009
13:34
Moody's:Romania, One Of The Most Vulnerable Countries To Economic Crisis
lbo
19/8/2008
12:09
Slump of 32pc in Latvian bank's profits deals blow to Desmond
lbo
27/6/2008
13:34
Those in the emerging market universe are not immune to flirting with recession, as highlighted by the Baltic states. After a decade of fast growth, all three Baltics look headed for a sharp slowdown, with some analysts calling recessions. Both Latvia and Estonia contracted in Q1 (-1.9% and -0.5%, respectively), while Lithuanian growth was largely unchanged. Sagging domestic demand is the main driver of the slowdown, propelled by tighter credit and a property-market collapse. Adding to Baltic woes is double-digit inflation, which is eroding consumers' spending power and leading to talk of stagflation.
lbo
11/4/2008
14:39
As the IMF warns, foreign borrowing in eastern Europe from the Baltics to the Balkans is out of control. The fuse has been set on each of these time-bombs. Some are now detonating. If the ECB continues to set monetary policy for the tastes of the Bundesbank for much longer, it will endanger the very project of European unity it was supposed to cement
lbo
Chat Pages: 6  5  4  3  2  1

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com