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Entered Day Limit Order to SELL at $1.67
This is for 7% of the shares I hold of AIBYY in my port.
Now, this is the kind of run I've been waiting for. Look at the jumps in volume. Two dollars maybe?
Wow it is! The breakout is real. Another 18% right now, today! This is wonderful! GL to us!
Wow it is! The breakout is real. Another 17% today! This is wonderful! GL to us!
Wow is right, wholly Cow patch, whats going on here, this bank finally
Pulln itself up n out
Wow! Among my stocks in my port, the best breakout today is AIBYY- about 9% as of this moment. Then there is NTEK. Looking good
Sold all my shares! Reinvested in BETS!! GLTY
It sure would!! Lol
$3.25 would be better
It would be nice to break that 1.22-1.25 resistance. Hopefully it happens this time. GLTA
One day later.
We might see $1.35 short term.
I buy in the Irish market using EURO. This stock is a buy and hold for years because finally Ireland is out of recession. Once real state is above water, this bank will be quite pretty. It follows Bank of Ireland's performance. An important milestone is July 2014 when the bank might actively look for foreign investors.
$1.22-1.25 tomorrow.
Oh, I'm still sitting on 4650 shares. I sold at the highs and got back in on downswings :)
That's too bad :( You can always buy more...this will only continue to rise!! This one's pretty safe for profits.
I've bought @ .63, .81, .91, 1.01 & 1.11. Sold @ 1.25 and 1.36. I don't have much in at this point.
Very nice. Now, just seat on your hands and wait.
Luckily i bought 20,000 when it was .825
The Irish trifecta is Bank of Ireland, Allied Irish Banks and Permanent TSB. The share price increase will accelerate as the Irish economy comes out of recession, trailing the UK, thus at some point turning real states prices positive. At that point, the Banks' balance sheet will pivot. I wish i had more cash but i have to wait the end of every month to purchase more.
3-4 years this will be $15-20 with billions of share buybacks and private investors coming in!!
Accumulation for the long run, and i mean years.
Nice little run going. 155k volume so far. It's the gift that keeps giving.
Typo. It was not 100$ but 100 percent. I plan to buy in EURO at 0.058 or so. I expect 5 EURO in 10 years. But if i just quadruple my money in 10 years, i will be a happy camper. This is a "buy and forget" investment. Call back in 10 years.
Question -
"4. The bank's performance is related to real state, which continues 50% under water. Once it reaches 100$, there will be a multiplier effect in bank's assets and consumers' spending, which will accelerate many times the balance sheet. So that is why i will buy this Irish bond that is a share."
Do you really think this will head back to $100 per share?
Jimmy, let me tell you how i see AIB case. I will start buying shares soon in small tranches. Why: 1. It is a bankrupt bank that will never dissapear. So its share price cannot go much lower. In fact, the worst is over, except for few hiccups between now and October. 2. If you have invested in bonds, consider this stock like a 10 years bond. However, in ten year you will have at least triple the investment. 3. Next year the government will look for international investors. So for the listing, it has to be above 1 EURO. Therefore the government will absorb some losses (reduce stocks) and will try 10:1 (like Unicredit or Commerzbank). Yet before that, there will be a natural appreciation for the future stock listing. But after 10:1 i will short for a month or two (as Unicredit and Commerzbank experience indicates) and then continue holding. 4. The bank's performance is related to real state, which continues 50% under water. Once it reaches 100$, there will be a multiplier effect in bank's assets and consumers' spending, which will accelerate many times the balance sheet. So that is why i will buy this Irish bond that is a share.
That's a shame. I would have presumed, personally, that when they paid back the money to the Irish Government that at that time they would have cancelled the shares issued to the Irish Government?
I'm just guessing here but wouldn't that have a better effect and a quicker effect on the share price? After all having that many shares in issue by its nature will not allow the share price to appreciate.
Admittedly, AIBYY has 51.7bn shares outstanding and only 498.5m shares in the float. So I'd presume by far, the majority of those billions of shares are held by the Irish Government?
However the Irish listing has 517.12bn shares issued according to the Financial Times website. Then the Berlin and Stuttgart Stock Exchanges also have the same figure listed with about 1.03bn in the free float.
I was hoping to invest in this one as maybe a 2 to 3 year recovery play but I'm doubting that this will move on any listing, significantly in that time?
Happy to discuss why I'm wrong with anyone, I'm admittedly just guessing here, just calling it the way I see it?
Any other views or things I've missed gratefully received.
That was a huge jump. But i wonder if we are just too late to place an order.
That was a huge jump. But i wonder if we are just too late to place an order.
Go to AIBSF News!!!!
I suspect the Bank will pay the bailout selling shares. That is how it was work out in the USA. The increase in the shares issues to billions was that creditors (government and others) were paid in shares since the bank was effectively bankrupt.
The objective is to raise the share price, so the government starts selling its shares and recuperating its bailout money. Then, as the finances get better (which are related to Irish real state), the banks starts buying back shares to reduce supply, thus further increasing share price. It will take years. However, a recent interview with the Irish Prime Minister, it was hinted that next year Ireland will go to ECB to do something about banks. But i am not clear what is the plan there.
I suspect the Bank will pay the bailout selling shares. That is how it was work out in the USA. The increase in the shares issues to billions was that creditors (government and others) were paid in shares since the bank was effectively bankrupt.
The objective is to raise the share price, so the government starts selling its shares and recuperating its bailout money. Then, as the finances get better (which are related to Irish real state), the banks starts buying back shares to reduce supply, thus further increasing share price. It will take years. However, a recent interview with the Irish Prime Minister, it was hinted that next year Ireland will go to ECB to do something about banks. But i am not clear what is the plan there.
But if the financial report tomorrow show a multibillion default, then shares price will fall. Or am i missing something?
But if the financial report tomorrow show a multibillion default, then shares price will fall. Or am i missing something?
Better get in today then!!!
What do you mean by good? You mean that the share price will drop or increase or what? I am planning to start a long term position, and i would like to start in good footing. Please explain
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