By Brian on Mar 31, 2010 in Featured, NAMA, Shares | 0 Comments
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 […]
By Brian on Mar 30, 2010 in Economics, Featured, NAMA, Shares | 0 Comments
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 […]
By Brian on Mar 29, 2010 in Economics, Featured, NAMA, Shares | 3 Comments
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 […]