Archive for March, 2010

AIB can meet the challenge »

The consequences of the NAMA and allied announcements yesterday included a slight fall in the share price of AIB today, amid very heavy trading, and a sharp rise in the price of BOI. The market seems to think that the State will end up owning more of AIB- probably a majority most people say -than […]

Report on my “gamble on AIB” suggestion »

On Feb. 28 I wrote a piece entitled “A Gamble on AIB today?” (see below), in which I recommended a flutter on AIB at that time. I’m happy to say !..yes, happy, because at that time the share was c. 1.00 euro, and it since–almost immediately- rose to c. 1.65 euro last week…an enormous profit […]

Banks – no need to panic »

So, we have arrived at the moment of truth..NAMA is to reveal the price it will pay and the banking system will end up in government hands, according to the professional professors, the insider winkers, the usually well informad media commentators and the bewildered of RTE. Well, I think they’re wrong. I’m sticking my neck […]

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