What Price BOI Shares - DEC 09

DFS UTD

Just a bit of fun - nail your expertise to the forum

Today BOI finished at 1.08 - what price will they be at close of market 1st DEC 2009.

Nationalised! or €3 per share

Go on have a punt and we'll resurrect this on the 1st Dec

its a bit of fun

daveirl

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strmin

daveirl wrote: »

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I second that.

JAMM222

1.82

Qwertysurf

1.03!

ixus

BOI are stronger than AIB at the moment so, if anyone is going to survive, it will be them.

Nationalised.

stepbar

We'll see what the market thinks in 6 hours time.

The indications are that we will see a small loss and a large provision for bad debts (c in the region of 1.4billion).

woodseb

1.50 (but not worth the risk)

s_carnage

1.75

RoadKillTs

How are they up 25% after increasing their debt to 6 billion??

stepbar

RoadKillTs wrote: »

How are they up 25% after increasing their debt to 6 billion??

Maybe perhaps because the loss is less than what most people expected. The 6 billion figure is an "expected" charge and not entirely set in stone. It could be less or more depending on a lot of different circumstances.

daveirl

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Berti Vogts

Until the details of the Nama plan come out, trying to value BOI is pure guesswork. It's as simple as that.

Idu

ixus wrote: »

BOI are stronger than AIB at the moment so, if anyone is going to survive, it will be them.

Nationalised.

well played!!

DES440

Definitely won't be nationalised.

Most likely share price will go towards €2 / €2.5 by Sept.If it does they will seek to do a rights issue which will obviuosly dilute the price.

Unlikely that any profit will be recorded until at least 2011 allowing for impairments, but with 12.2Bn of "challenged" loans, and likely NAMA haircut of 15%, there should be enough capital there to absorb the write downs

rugbyman

Wont be nationalised, s.p. 1.80 ish

Rugbyman

Stuart2

As someone who is not a shareholder but really regrets not going in at 0.12, Im predicting a price of 2.80. No solid reasoning but just a feeling that the powers that be in this country are going to be on the side of the shareholders rather than the taxpayers and so NAMA will pay a lot less for these bad loans than they should, thereby letting the banks away scot free.

daveirl

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DFS UTD

My guess is that BOI wont be nationalised and at COB on 1st Dec 2009 the share price will be between 2.15 - 2.30

Blackjack

Not Nationalised.

1.85 at year end.

Idu

90c

royaler83

3 euro plus but after dropping below a euro first.

dotsman

A lot can happen in the next 7 months (just think what's happened in the past 7!). Here's my view:

• Short of there being a currently unknown disaster lurking out there for irish banking, BOI (and AIB) won't be nationalised.
• Until the details of NAMA are known, BOI/AIB shares prices will continue to fluctuate wildly.
• Unless NAMA is a disaster, AIB/BOI will, generally, end the year higher than they are now (but, again, will have fluctuated a lot in the meantime).

Assuming that there are no more disasters I'm going to give it a random guess of €2 (but will have wildly fluctuated between circa 0.70 and 2.50 throughout the year)

Daragh101

DFS UTD wrote: »

My guess is that BOI wont be nationalised and at COB on 1st Dec 2009 the share price will be between 2.15 - 2.30

ur very accurate:D

EyesLeft

5 EURO

DFS UTD

EyesLeft wrote: »

5 EURO

€5!!!! that's very optimistic - what dya have for breakfast (I want the same!)

bookerboy

€2.30

pocketdooz

By the end of the year, the Irish government will more than likely own at least 51% of the outstanding shares of Bank of Ireland. That in my opinion is nationalisation as the government will set the direction of the bank.

If the share price by year end is over €1.00 I will be very surprised. Good luck to all of you who make money on Bank of Ireland - fair play.

Blackjack

Anyone got the Closing price as of the 1st of December?

Idu

Closing price was 1.62 I believe

3fullback

Good time to buy ?????