Finance / IRE (BANK OF IRELAND)

  Recs: 2 Re: OT: IRE - Fred (suas) Analysts not convinced of Goggin case By Joe Brennan Friday November 14 2008 Brian Goggin made a compelling case yesterday that Bank of Ireland wasn't the source of the problem -- six weeks after the banking boss, his chairman, and AIB counterparts begged the Government to save the financial system on the fateful night of the ...

Irish banks to pass on the full 50 basis point cut to its customers: -------------------------------------------------- ------------------------------- Bk Of IREland, AIB, Irish Life To Pass On ECB Cut Nov 6, 2008 09:14:39 (ET) DUBLIN (Dow Jones)--Bank of Ireland PLC (IRE), Allied Irish Banks PLC (AIB) and Irish Life & Permanent PLC (IPM.DB) each said Thursday they will pass ...

  Recs: 3 11 Stocks trading below cash per share The following are a list of 11 stocks, all with market caps over 0 million, that are trading way below cash per share, therefore, with a Price to Cash per Share [PCS] ratio of way below 1. Keep in mind that many of these are foreign companies, many have high debt, and many are in struggling industries. Financials are based ...

I also agree that the hunting is unusually good out there for the old dog. On the one hand, the broad market is still overvalued by some metrics, and certainly no where near as cheap as it is at the end of a major secular bear market. But, oddly, some amazing companies are at prices comparable to that early 70's kind of discount. The only prices that matter are the ones on the things ...

Yes I agree completely Quote: EU Approves Ireland's EUR485B Draft Bank-Guarantee Plan DUBLIN (Dow Jones)--The European Commission has approved Ireland's EUR485 billion draft plan to guarantee this country's banking system. The Irish government's two-year guarantee safeguards deposits, covered bonds, senior debt and dated subordinated debt and ...

Hey, what do you think about AIB? Do you think if it drops below $5, that it will be a screaming buy (with a potential for a multibagger over the next several years)? Or do you think this major Irish bank is so damaged that even further drops from here would not set the stage for a future multibagger? Matt Jim has already commented on this. I certainly hope AIB don't fold as they ...

Financial hurricane that put the wind in Brian Lenihan's sails Irish Independent 5 October 2008 It was just after 6pm last Monday, following a day of absolute turmoil on the Irish stock exchange. Taoiseach Brian Cowen, in his impressive oak-lined office in Government Buildings, took a call from AIB CEO Eugene Sheehy and Bank of Ireland CEO Brian Goggin -- two of the best ...

Buster52- Well, I like Dave for a lot of things, but I read his proposed plan and in this case he is absolutely full of it. ====== Really? How do you KNOW? He states he didn't come up with the plan....it came from many top economists and he put the ideas together. ====== His plan would do absolutely nothing to unfreeze the credit market, which is caused by the ...

Six More Countries Join the Fight Against Short Selling by: John Lee posted on: September 22, 2008 Look at what the SEC started! We are now in the midst of the largest artificial global short squeeze in history. So far, the US, UK, and Canada issued orders to ban short-selling in certain financial stocks, but now Germany, Ireland, Australia, France, and Portugal have joined the ...

Don't say "if," please don't say "'if' they survive......" :) I just put some cash into a bit of IRE stock (litterally 3 silly little buys w/in the past week!) figuring that, yes, they'd probably cut the dividend eventually, but even cut in half, would still be respectable. I am hopeful that this dip will come back up, although this article isn't very in depth, their bad-loan exposure...