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A really good deal in a few more weeks. Sucks for the current holders though. Waiting game now. Not much changed other than Irish Govt. stalled the bad loan program.
Picked up some more few secs ago. Someone needs to sell me a few more lol.
Everything looking much better chart wise for sustainable price rise. Coming back from overbought and at good level. MA rising to provide support and ceiling raised. jmo but like it.
builder
Still here and will be for a long while. The yahoo board is a mess fwiw. Think most are seeing the light. But not many really ready this stuff so it will still be an issue. Trying to get more on the lows each day. Setting up imo. Friday shall be good! imho. Thanks spongebath. member mark for ya.
Just got in. TOns of info posted as of late. Good stuff people.
tia
builder
Thank you - Thank you - :)
lol I personally feel very good about this little issue we had this afternoon. I sent an email and tried to call the IR dept. May call the company itself just to let them know. Every company releases that same PR and everyone always gets messed up with them. It doesn't help when the co. releases another one either. By my book we have until the end of Friday to pick up shares before the split.
Last post for the day. GLTYA! builder
STOCK ExDATE From Nasdaq.
http://www.nasdaq.com/reference/upcoming_splits.stm
THIS IS THE DATE THAT SHARES CAN BE PURCHASED BEFORE!
Hope some were able to take advantage of that panic. This is going to get good!
GLTYA!
builder
That is true 110%. Same thing happened with AMNE a few months back and all sorts of people were confused including the company. THis is going to get real good!!!
Long story short you can purchase shares all the way up until the close of the day before the split actually takes place.
STOCK ExDATE From Nasdaq.
http://www.nasdaq.com/reference/upcoming_splits.stm
THIS IS NOT A CASH DIVIDEND!!!
http://www.fool.com/foolfaq/foolfaq0035.htm
"What happens if you buy a stock after the "record date" for the split but before the listing change?
The "record date" means virtually nothing to the stockholder. If you bought the stock before the split, your shares will split the same day everyone else's do, regardless of the record date. You won't lose on the split."
Any doubts check this out
http://www.rightline.net/home/stocksplits.html
"Split Record Date - This is probably the most confusing term within a split announcement. The reason for this is that many investors are used to associating this date with a "cash" dividend. To receive a "cash" dividend you must own the stock on the record date. In the case of a stock split, the record date is meaningless. This in itself can make the record date key since those that don't understand this may be scrambling to go out purchase the stock in hopes of taking part in the split."
http://www.investmenthouse.com/stocksplitrecorddate.htm
Why does your stock split calendar not list the record date? (August 17, 2007)
You will not find a record date on our stock split calendar because the record date is meaningless. Here's a definition of "record date": The record date is a date, set by the issuing company, on which an individual must own shares to be eligible to receive a declared dividend or capital gains distribution. With regard to stock splits, the record date is used for accounting purposes only and has no significance to individual investors. Your shares will split as long as you bought them before the ex-date (also known as ex-dividend date).
Again, the record date is meaningless. Don't concern yourself with the terminology. It's simply an "accounting thing" with the company. The split will take care of itself. There is nothing to ever worry about. In its very simplest form, assume a stock is trading around $100 and is to split 2-1. If you pay $100 for the stock AND you still hold it when it actually splits, (ie, when it starts trading at about $50 --assuming it hasn't fallen in price dramatically), then you can be assured that you will receive the "extra" shares. However, if you pay $50 for the stock, then you know that the shares have already split.
Scottrade did not fill. I even called my orders in. The guy was laughing his a-- off. interesting day to say the least with this one. Took awhile this morning too but they filled.
It was like .087 - .0108
Now they spread it. Like making popcorn and trying to keep the lid on
NO! I even bumped it a penny above a minute ago. we'll see. 5k's
I have had 2 seperate orders in at the ask for over 30 minutes. wtf. these guys kill me.
thanks for that l2
Can anyone post level II chart? tia
EOD Run Ask up. Gotta be thinning out. Volume is up 3000%. It'll run. I am actually more interested in the long term here. This may actually be the begining of something big. How many companies small or large have you seen post that kind of revenue growth with them speculating on it continuing well above the norm. Nearly unheard of.
SWEET!
Bet you make just as much if not more. Solid support at at 1.10 and 1. Use it to your advantage is all i can say.30dma is at 1.09.
Yep. I have been through 3 of these in the past 6 months and the same thing happens everytime (knock on wood). This is the best company BY FAR that I have been in of those other three. Solid uptrend.
GLTY
builder
Most people read that PR and think they missed the split so buying not progressing yet.
It starts with a R and ends with etarded. Just use it as opportunity. It is a low volumne event.
Got LUCKY on my buy this morning. This thing goes large!
builder
50dma crossing 200dma. Bullish chart imo. Not sure i'd like to have the Nov. 2.50 put. Lot of varibles though.
Still holding the floor. Resting on it. Next move up on the way imo. builder
My Scottrade account is showing .40 in my account. Up 240%. Bid ask don't really matter when not open but .08 bid - .51 ask.
Obviously a huge after market premarket move if true.
???
I think I am seeing things... What does everyones account show as the stock price in their account? TIA
builder
Thanks for that chart redstick. Liked the one on charts are cool too.
builder
Look at the chart again... The green horizontal line is a good support line give or take 1. The closer the trend line and the support line get to each other the better. Now make your own line from the two high red candles from past month or so. That is the resistance line for the next move. If we can power through that fantastic. That will become the next support line. Otherwise look for it to bounce between those lines. In a perfect world that is how I see it. But anything can and will happen. GLTYA! Still moving higher IMO.
by the way i actually called company this afternoon and emailed. IR guy was "in a meeting" lady said he would get back with me. Let you know when...
builder
It also adds substantial shear strength (wall/roof strength) in closed cell version. I use a similar product in Missouri. Messy but the best.
builder
Out myself. Hate the loss but way to many other stocks to have this doing nothing or worse. GLTYA maybe back after they prove themselves.
builder
For anyone who is still here. This is about to get interesting I think. I have been waiting for it myself. The 50DMA is just a day or to from crossing the 200DMA. That will hit a lot of screeners here earlier next week. Not to mention the chart is looking good for the next move up. And the debt exchange is being seen a great news. Which I agree with.JMO.
builder
For anyone who is still here. This is about to get interesting I think. I have been waiting for it myself. The 50DMA is just a day or to from crossing the 200DMA. That will hit a lot of screeners here earlier next week. Not to mention the chart is looking good for the next move up. And the debt exchange is being seen a great news. Which I agree with.JMO.
builder
Its not critical. Just one of many indicators used to predict future movement. Use this in conjuction with moving averages, rsi, adx, and others to help. But generally speaking close bollinger bands indicate support near the current price and consolidation. Use the other indicators to predict when the stock will breakout. In this case it is imprortant that they are closing to protect the trendline. JMO. And others will have many different calls on it. builder
Report From Press Release.
http://www.rothmanresearch.com/
Stock Rating: HOLD
Report Date: October 22nd, 2009
Brief Description:
Allied Irish Bank p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and
asset management services in the Republic of Ireland, the United States, the United Kingdom, Poland, and rest of the
world. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending
services, such as vehicle, equipment, and fleet leasing; retail and investment property loans; vehicle and equipment hire
purchase; insurance premium financing; and personal loans. It also offers wealth management services, such as
retirement, investment, and estate planning, as well as a range of life and pensions products. In addition, the company
provides corporate finance, treasury, risk management, stock broking, and outsourced financial services. Further, it
offers specialist services comprising home mortgages, Visa and Mastercard credit cards, invoice discounting, asset
finance, loans and overdrafts, payment services, and foreign exchange facilities; and electronic banking services, which
facilitate account accessibility via telephone, mobile phone, and the Internet. Additionally, Allied Irish Banks provides
financial planning and custody services; and mutual funds, and leasing and factoring products. The company was
founded in 1825 and is headquartered in Dublin, the Republic of Ireland.
Allied Irish Banks plc (NYSE: AIB) Financial ‐ Foreign Money Center Banks Previous Close: 8.05 Last Trade: 7.78
Recent Developments:
• On September 24, 2009: AIB announces EUR1bn 3 year senior unsecured unguaranteed bond issue.
• On August 5, 2009, the company reports its half yearly results; sees huge losses.
• On June 12, 2009, the bank announces bond swap for notes.
Company Analysis:
The continued volatility and uncertainty in world financial markets and rapid deterioration in global economic
conditions resulted in a very challenging time for the banking industry generally. Many financial institutions incurred
substantial losses, received state aid or were nationalized. The half-year to June 2009 represented a very challenging
period for AIB during which market and economic conditions were unprecedented. The economic environment and
conditions across AIB’s markets worsened and AIB experienced deterioration in its lending portfolios particularly in its
property portfolios in Ireland and the United Kingdom.
In the period, the Minister for Finance and AIB formed a view that to strengthen AIB’s capital position, a total amount
of m 5 billion new core tier 1 capital was appropriate. As a result, AIB received m 3.5 billion of core tier 1 capital from
the Irish Government having received shareholder approval on 13 May 2009. In addition, a capital exchange offering
process was completed in June 2009, generating m 1.1 billion of core tier 1 capital. The establishment of the National
Assets Management Agency (NAMA) will seek to address problems relating to the property, building and construction
sector. The creation and rollout of NAMA will be a key event for the bank and the industry. AIB supports this
Government initiative and is working with the Government and NAMA to expedite its implementation; however it is
premature at this point to estimate the effect on AIB’s capital.
AIB’s funding comprises of broadly based resilient customer deposits, capital and debt. The Group’s liquidity levels
continue to represent a surplus over the regulatory requirement. The m 3.5 billion of core tier 1 capital from the Irish
Government and the core tier 1 capital gain of m 1.1 billion from the recent capital exchange offering underpins AIB’s
capital position. At 30 June 2009 the core tier 1 ratio was 8.5% and a total capital ratio was 10.7%.
Keeping in mind the points above, we would maintain our HOLD rating on AIB’s stock at current levels.
Upcoming Events
Date Event
No Upcoming Events
Recent Events
Date Event
5-Mar-09 Price hit new 52-week low ($0.72)
4-Mar-09 Price hit new 52-week low ($0.86)
3-Mar-09 Price hit new 52-week low ($1.00)
Sector Analysis:
Disruptions in the financial markets, increased regulatory complexity and operational risk are major challenges for
domestic and international banking institutions and capital markets-securities firms. These challenges, along with
event-driven opportunities and new technologies have transformed the sector. In the current risk-adverse climate,
institutions seek innovative solutions and ways to reduce their exposure.
Financial Analysis:
Against the backdrop of global economic and market conditions, AIB reported operating profit before provisions of
m1.7 billion (m 1.1 billion underlying), a pre-tax loss of m 0.9 billion and an adjusted loss per share of EUR 164.4c.
Asset quality deteriorated further, most notably in property portfolios, with the overall bad debt charge increasing to
358 basis points and criticized loans increasing to 25.0% of customer loans of which 8.1% were impaired. Customer
loans decreased by 2% and customer deposits reduced by 12% with the loan to deposit ratio increasing from 140% at
31 December 2008 to 156% at 30 June 2009. In response to the slower revenue generation, active management of
AIB’s cost base yielded a 7% reduction in costs generating a neutral income/cost growth rate gap and a reduction in the
underlying cost income ratio of 0.9% to 48.3% with operating profit before provisions reducing by 6%.
Technical Analysis/Analyst Opinion:
The overall trend has been really bullish over the past three months with the first support level at $7.07. Uptrend
supported by higher volumes on purchasing activities.
Research Coverage Undertaken by Shanghai Equity Partners
Disclaimers
This material is based upon information that we consider to be reliable, but neither RothmanResearch.com (RR) nor its partners
warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Assumptions, opinions and estimates
constitute Shanghai Equity Partners judgment as of the date of this material and are subject to change without notice. Neither RR
nor its partners are responsible for any errors or omissions or for results obtained from the use of this information. Past
performance is not necessarily indicative of future results.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
Securities, financial instruments or strategies mentioned herein may not be suitable for all investors. Any opinions expressed
herein are given in good faith by Shanghai Equity Partners, are subject to change without notice, and are only correct as of the
stated date of their issue. Prices, values, or income from any securities or investments mentioned in this report may fall against the
interests of the investor and the investor may get back less than the amount invested. Where an investment is described as being
likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.
Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of
exchange may have an adverse effect on the value, price or income of or from that investment to the investor. This material is not
intended for any specific investor and does not take into account your particular investment objectives, financial situations or
needs and is not intended as a recommendation of particular securities, financial instruments or strategies to you. Before acting on
any recommendation in this material, you should consider whether it is suitable for your particular circumstances and, if
necessary, seek professional advice.
Clockwork...
Took position here today.
builder
View Case Detail
Case Title: GEORGE A SHARP VS. YASHENG ECO-TRADE CORPORATION
Case Number: 37-2009-00100574-CU-MC-CTL Case Location: San Diego
Case Type: Civil Date Filed: 10/19/2009
Category: CU-MCO Misc Complaints - Other
Plaintiff/Petitioner
Last Name or Business Name First Name Primary (P)
SHARP GEORGE A P
Defendant/Respondent
Last Name or Business Name First Name Primary (P)
YASHENG ECO-TRADE CORPORATION P
Microfilm
Microfilm ID Location Reel Number Frame Number
This case has not been microfilmed.
No. But it should be easily found. Nothing...
Quartly Report Due Tomorrow I Believe.
Fair enough. Sounds like you know way more about that than I. Just like what I know about the current situation. you don't need to trade a good company to have a good stock... Bottom line here is do you think the price associated with the stock is worth the buy or the sell and the volume with it. We know your take. This goes higher imo.
Note: Last time you replied on my comment of a solid close only being up 1.6% the price was up over 100% within a few days. GLTY in any event.
builder
Or cramers week long special on homeland security last week... Just need sales guidance with all the contracts and govt. assistance. Trending higher imo.
Gotta close at .0069 or higher today. Looking for a bounce off the 20 dma to keep trend going. imo.