Aib shares

RoadWars2013

Hey I have never bought shared but looking to buy them in aib.
I'm looking to invested maybe €250 in them. How do I do it

SHANAbert

go into the bank and buy them there. Or go through a broker. Broker fee is circa 100 euro and cert is around 30. Can't remember the bank charges for same..

Bellview

Beware as number of brokers have warned about buying aib. Do a little research before you punt

euroboom13

RoadWars2013 wrote: »

Hey I have never bought shared but looking to buy them in aib.
I'm looking to invested maybe €250 in them. How do I do it

250 after fees would only get you about a 1000 shares and that would give you a break even of 25c before sale fees or 35c just to get your money back! Save a fee quid more before the fees rob you(buying 2500 worth, costs in fee about the same, giving you @ 14c 17,100shares after fees and a break even of14.5 )or find a cheaper option first!

If you haven't done this maths all ready investing ain't for you.Good luck

RobertKK

Yeah, good advice from euroboom.

You need at least a 4 figure sum invested in an individual stock in the stock market to make it worthwhile.
The less shares you have, the more % gain you need in the shares to get a profit, with €250 you will be at a loss for a long time.

Geuze

Note that the State own 99% of AIB.

The residual 1% shareholding is what is traded in the market.

Please note that the price of these shares bears no real link to the true value of AIB.

phelixoflaherty

http://www.tcd.ie/iiis/assets/pdf/Jan102014Beck.pdf

Geuze

http://www.irishtimes.com/business/sectors/financial-services/value-of-state-holdings-in-aib-and-boi-up-by-34-1.1650178

AIB is 99.8 per cent owned by the State. The residual shares trade on the Irish Stock Exchange at 14 pence apiece, giving it a notional market value of €72.9 billion.

This has no bearing with reality and is purely a factor of speculative buying by retail investors in the stock not held by the State.

Sonnenblumen

Geuze wrote: »

http://www.irishtimes.com/business/sectors/financial-services/value-of-state-holdings-in-aib-and-boi-up-by-34-1.1650178

AIB is 99.8 per cent owned by the State. The residual shares trade on the Irish Stock Exchange at 14 pence apiece, giving it a notional market value of €72.9 billion.

This has no bearing with reality and is purely a factor of speculative buying by retail investors in the stock not held by the State.

It is fascinating to watch what looks to be another black art way of making money on the stock market. Highly speculative but the share price movements are striking and the gains are very real. Afraid I do not understand it at all, crazier than Russian roulette without the killing bit!

Value Hunter

How to buy AIB shares,

Oh sweet Jesus....

martyoo

I'm not sure what is worse. Investing with €250 or buying AIB. Save your money and read!

Value Hunter

martyoo wrote: »

I'm not sure what is worse. Investing with €250 or buying AIB. Save your money and read!

Best advice i've seen on here in a long time,

Spend the €250 on books on investing, it'll be the best investment you ever make

Sonnenblumen

martyoo wrote: »

I'm not sure what is worse. Investing with €250 or buying AIB. Save your money and read!

God loves triers. The way some of these SPs have been moving, the Poster could double his money before he finishes reading any book!

LoveChanel

You should look at BOI shares, AIB is a lost cause at the moment.

I own shares in both companies but I purchased AIB shares at 0.046c @ 10,000 shares. I'm planning on selling this week. BOI i bought at 0.098c @ 30,000 shares.

Take everyone elses advice and purchase some good stock market books and put the money into prizebonds. Thats what I did before I started investing because I had to wait until I was 18. Knowledge is power Good luck with your future investments

Deiseboy01

LoveChanel wrote: »

You should look at BOI shares, AIB is a lost cause at the moment.

I own shares in both companies but I purchased AIB shares at 0.046c @ 10,000 shares. I'm planning on selling this week. BOI i bought at 0.098c @ 30,000 shares.

Take everyone elses advice and purchase some good stock market books and put the money into prizebonds. Thats what I did before I started investing because I had to wait until I was 18. Knowledge is power Good luck with your future investments

Could you recommend some good reads?

LoveChanel

Deiseboy01 wrote: »

Could you recommend some good reads?

At the time I was reading Rich Dad Poor Dad by Robert Kiyosaki.

Warren Buffett biography

The Intelligent Investor by Benjamin Graham.

The ise.ie has some good info and forbes.com =]

The best advice is to check the stock your interested everyday to see how its trading. Also a leaving cert accounting book can be very helpful for learning for to read company accounts =]
Best of luck