Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

whats the lowest boi will go

  • 23-06-2008 11:54am
    #1
    GERMAN ROCKS
    Banned (with Prison Access) Posts: 1,796 ✭✭✭


    i was thinking of buying boi shares now at 6.20. whats the lowest they will go. i have 20000 to invest but its short term. i will nedd the money back again about october is it worth it.


Comments

  • #2
    dunkamania
    Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    The lowest they will can go is 0

    If they have to issue rights and/or dividend cut then the stock has further to fall, if those fears are groundless, and credit markets hold up, then a significant upward move is not unreasonable.


  • #3
    TheBazman
    Registered Users, Registered Users 2 Posts: 6,462 ✭✭✭TheBazman


    If you want your money back in Oct I wouldnt invest in bank shares, in fact I wouldnt invest in shares at all. At the moment the environment is too uncertain and you could easily lose 10 - 20% of your investment in a couple of weeks. FYG some of the UK bank stocks dropped>10% last week.

    I think there is some serious value in financial stocks at the moment assuming you have a long term view eg 5yrs+.

    I think for you the risk is too great


Advertisement