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

Bank of Ireland shares

Options
12357…50

Comments

  • Options
    #122
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    I sold BOI shares yesterday on DAvy platform, iirc the consolidation wasn't indicated but a day or two ago the market price of zero was shown.
    In the statement the consolidated price is shown.


  • Options
    #123
    scheister
    Registered Users Posts: 1,301 ✭✭✭scheister


    Irish times reporting €70m put aside by Bank of Ireland for dividend to be issued early 2018.

    Think that would be 6.5 cent a share


  • Options
    #124
    euroboom13
    Registered Users Posts: 650 ✭✭✭euroboom13


    scheister wrote: »
    Irish times reporting €70m put aside by Bank of Ireland for dividend to be issued early 2018.

    Think that would be 6.5 cent a share

    1%:mad:


  • Options
    #125
    daheff
    Registered Users Posts: 5,834 ✭✭✭daheff


    euroboom13 wrote: »
    1%:mad:

    Key thing is that its a start. makes the share more appealing.

    also another article mentioned BOI going on acquisition trail to "acquire wealth management businesses to boost its private banking arm."


  • Options
    #126
    Finbarr Murphy
    Registered Users Posts: 91 ✭✭Finbarr Murphy


    daheff wrote: »
    Key thing is that its a start. makes the share more appealing.

    also another article mentioned BOI going on acquisition trail to "acquire wealth management businesses to boost its private banking arm."

    Not sure if I would be too keen on acquisition in that direction.


  • Advertisement
  • Options
    #127
    daheff
    Registered Users Posts: 5,834 ✭✭✭daheff


    Finbarr Murphy wrote: »
    Not sure if I would be too keen on acquisition in that direction.

    why not?



    for me, so long as it increases bottom line then its an acceptable acquisition at this time. Good times are back (havent you heard???) so people have more disposable (investable) income. wealth mangers make money in the good times


  • Options
    #128
    Finbarr Murphy
    Registered Users Posts: 91 ✭✭Finbarr Murphy


    daheff wrote: »
    why not?



    for me, so long as it increases bottom line then its an acceptable acquisition at this time. Good times are back (havent you heard???) so people have more disposable (investable) income. wealth mangers make money in the good times

    Exactly but when bad times come the business will no doubt be disposed for at a loss. Best to stick to core banking with prudent criteria.


  • Options
    #129
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    I can take it that the divi is off the table now for this year. What are folks thoughts on BOI shares currently trading at €6.35. This seems like a gift horse at this price as to me Brexit and the tracker scandals look over done.
    Any opinions, should I look the horse in the mouth before I sink more funds into this?


  • Options
    #130
    daheff
    Registered Users Posts: 5,834 ✭✭✭daheff


    Shauny2010 wrote: »
    I can take it that the divi is off the table now for this year. What are folks thoughts on BOI shares currently trading at €6.35. This seems like a gift horse at this price as to me Brexit and the tracker scandals look over done.
    Any opinions, should I look the horse in the mouth before I sink more funds into this?


    They have dropped quite a bit in the past year or so. Not sure the tracker scandal is quite over yet. They need to get all the dirty laundry out now and get over it.

    I've been bullish on BOI for a while...I'm still bullish, but would caution on them. I think they have fallen out of favour now (like most financials).


  • Options
    #131
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    Bullish as well wouldn't touch them until definitely signs of a trend reversal though.
    Let you know when I'm back in the green, I won't be doubling down, I'll be glad to get them out of my portfolio, sitting there doing nothing for to long. Better flips you could make in 1 days trading than going long on these.


  • Advertisement
  • Options
    #132
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Pulled the trigger today on 10k shares. Looks like I may have paid the price of the day at €6.37 but what the hell, this is a 2 year hold now for me. Target price €11
    I am holding quite a few shares here now but my portfolio is still way too skewed on cryptos at the moment.


  • Options
    #133
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    Shauny2010 wrote: »
    Pulled the trigger today on 10k shares. Looks like I may have paid the price of the day at €6.37 but what the hell, this is a 2 year hold now for me. Target price €11
    I am holding quite a few shares here now but my portfolio is still way too skewed on cryptos at the moment.

    Mmm Yea, why would you tie up 10k for 2 years on a hunch for such little return.
    If your into some crypto I'm a little in the red on hive blockchain, aiming for a similar return but within a few weeks. Trend has revered today on it so nearly back in the green. Hive up 18% in first hour, hit a big decline in last few weeks due to a lot of shares being released but looks like that's done with now, now up 21%
    ethereum miners partner of genisis mining, 30% share holder.

    http://www.stockhouse.com/companies/quote?symbol=113.1.HIVE&symbolFormat=morningstarnumeric


  • Options
    #134
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    No I'm trying to balance my portfolio, I have have plenty of cryptos, and yes I've seen amazing returns from them over the last few years but you cannot expect that type of return from a Banking stock. As it stands a drop in the price of Bitcoin drops my portfolio by more or less the same percent so it is a case of being over exposed to them.
    Cryptos for me was like a case of when its raining Gold you don`t run outside with a cup, you pull the Bathtub out! But that cannot last forever and will pull back.
    I got into BoI originally at 15cent (roughly €4.50) so its all good so far.
    €11 as a price target is realistic and would make a good return on investment


  • Options
    #135
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    I see you edited your buy in price :), It's down again today like most other days I look at it, i'd rebalance again and cut your losses or maybe break even tomorrow, you don't need boi shares hanging around, can't tell you why I think you should but you'll be waiting a long time to double your money.
    Hive up 35% so far today, you could have made the same in a few hours as your 2yr long play.


  • Options
    #136
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Yeah, I edited from 15 pence to 15 cent and added in the 30:1 consolidation in case it was a unclear.
    Its not down again today, its flat, its been sitting at this price for a few days, check the charts, hence why I bought in.
    Not bothered about hive really as I know nothing about them/it but best of luck with them.


  • Options
    #137
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    Shauny2010 wrote: »
    Yeah, I edited from 15 pence to 15 cent and added in the 30:1 consolidation in case it was a unclear.
    .

    There down in my account today only by a fraction, still not convinced it's a good play but best of luck with it. New blood running the show which is good but brexit is a concern for me with the UK arm.


  • Options
    #138
    daheff
    Registered Users Posts: 5,834 ✭✭✭daheff


    Seems to be a bit of a bump over the past couple of days. Anybody care to posit a reason?

    Political uncertainty reducing?
    Brexit becoming (marginally) clearer?


  • Options
    #139
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Brexit not Brexiting after all.
    BOI having a small Mcap
    A new CEO at the helm who seems to know what she is doing
    Future looking bright


  • Options
    #140
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    THERE CEO just bought 13K worth of shares.


  • Options
    #141
    Benildus
    Closed Accounts Posts: 336 ✭✭Benildus


    Hollister11 wrote: »
    THERE CEO just bought 13K worth of shares.

    That's a minuscule amount - hardly confidence inspiring.


  • Advertisement
  • Options
    #142
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    Shauny2010 wrote: »
    Brexit not Brexiting after all.
    BOI having a small Mcap
    A new CEO at the helm who seems to know what she is doing
    Future looking bright

    Brexit still on the cards don't think it'll happen though.

    The rise in crypto/blockchain is going to disrupt financial markets especially Banking. It's basically pulling the rug from underneath them. I'm guessing it's a bit of a bubble at the moment but won't stop for another year or two. If it bursts gold will be the next bubble when money flows back into it after a market correction in shares and crypto.
    BOI I think has a rocky 2yrs ahead until we see how this all plays out.


  • Options
    #143
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    I think cryptos will take a good few years before it completely disrupts the banking sector.
    Physical Silver is in a better position than Gold for a massive move upwards if this crash in the stock market and cryptos does happen. A lot of disillusioned holders moved out of Silver into cryptos. Once they start bagging profits they will return. Currently about $7 billion would capture the complete physical silver market.
    In the mean time I expect BOI to make strides forward from here on with a new IT infra structure, a lower cost base and a more profits


  • Options
    #144
    otterj
    Registered Users Posts: 374 ✭✭otterj


    Hollister11 wrote: »
    THERE CEO just bought 13K worth of shares.

    How do you know this?


  • Options
    #145
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    otterj wrote: »
    How do you know this?

    Insider information


  • Options
    #146
    otterj
    Registered Users Posts: 374 ✭✭otterj


    Hollister11 wrote: »
    Insider information

    The guys an idiot


  • Options
    #147
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    otterj wrote: »
    The guys an idiot

    https://www.google.ie/url?sa=t&source=web&rct=j&url=https://www.irishtimes.com/business/financial-services/bank-of-ireland-s-new-chief-buys-almost-13-000-of-stock-1.3309996%3Fmode%3Damp&ved=0ahUKEwiW88DtuezXAhWqA8AKHbm1DBkQFgiBATAQ&usg=AOvVaw37O_MOfJzwL3hrhRmsmVi-&ampcf=1


  • Options
    #148
    Chancer3001
    Registered Users Posts: 5,480 ✭✭✭Chancer3001


    Seriously considering cashing out with a 10-15% loss on original investment

    I feel like I can make this loss back through buying cryptos at the moment....any thoughts

    I dont see BOI returning anything decent in share price increase anytime soon. It's been static for almost 5 years


  • Options
    #149
    drunkmonkey
    Registered Users Posts: 28,118 ✭✭✭✭drunkmonkey


    Chancer3001 wrote: »
    Seriously considering cashing out with a 10-15% loss on original investment

    I feel like I can make this loss back through buying cryptos at the moment....any thoughts

    I dont see BOI returning anything decent in share price increase anytime soon. It's been static for almost 5 years

    It's trending up the last week or so, I'm €45 away from being back at break even, money's coming straight out then or going to cut my small loss in the next day or so but it's going straight into Hive Blockchain from there. Worth checking them out, share price is stuck at the moment due to a lot of dilution in shares over the last 2mts due to different financing agreements and that and may drop another little bit but it's still an ok entry point now, Genesis mining have a 30% stake in Hive and there the biggest crypto miners on the planet. Hive has been mining and hoarding the last few months. Cash flow positive, money in the banks, debt free and a safe full of coins.
    Do your own DD and check out Hive and Frank Homes, this is a little taste of what you'd be buying into https://youtu.be/LEzjhG8e64Q

    Loads of other blockchains companies popping up every day but think these guys are the top pick.

    Billboard here http://www.stockhouse.com/companies/bullboard/v.hive/hive-blockchain-technologies-ltd

    Dilution should pass in the next few weeks then the price is going to pop back, I'd expect it to double shortly and skyrocket from there, I've been hanging in there the last couple of months.


  • Options
    #150
    at9qu5vp0wcix7
    Closed Accounts Posts: 738 ✭✭✭at9qu5vp0wcix7


    Has this thread just descended in to shilling for small cap cryptocurrencies?


  • Advertisement
  • Options
    #151
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Lewis Howling Stick wrote: »
    Has this thread just descended in to shilling for small cap cryptocurrencies?
    I hope not, but it seems every thread is infested with ones shilling some form of crypto at the moment.

    The question should I sell out here and invest in cryptos.
    BOI is in a great position if Brexit happens in its current form. It is undervalued and will be a Bank that operates inside and outside the EU.
    My original target of €11 could be very low in 2 or 3 years, it could be worth double that.
    But its a slow burner which is starting to heat up lately but it will be not be as exciting as Cryptos. My view on Cryptos is I have been to the Wedding, but I don't want to go to the funeral.


Advertisement