Irish (ISEQ) share chat

AXA are targeting their core farming market very agressively

They started slowly in 2018 and last year got more aggressive in targeting the sector and they see it as a major growth area

This could see fbd's traditional stronghold get eroded

Glenveagh has been great. Looking forward to some kind of dividend too..... although I think they are more focused on share buybacks at the moment which has the effect of propping up the share price which is a more tax effecient method of putting money into shareholders pockets.

Once again kudos to whoever tipped me off to this company (thanked them already on this thread some months ago)

There was a High Court clarification on Friday of how the pubs should be compensated for disruption during Covid 19, I think that may have been responsible. I suppose it allows them to give a final calculation of impact in claims.

https://www.rte.ie/news/courts/2022/0128/1276442-pubs-compensation/

Hope you took that punt on FBD? major re-rating and SP jumped about 20% yesterday

I did take a punt! I'm up 23% today!!! If only it was always this easy :)

Can someone tell me if FBD paid the dividend this month. I know there was pressure to cancel it.

Shares are taking a hammering and the outlook is poor .I am in lucky position to have sat on my hands .Does any company in the iseq show any value at present .Kingspan stands out to me as it has taking a bit of a tumble down to 54 euro have not heard any press of reason of downturn besides the obvious ,I will be thinking long and hard before pulling the trigger anyway .

Don't be a fool. Kingspan is an oddball company.....

Exactly. I based my opinion on that recent Phoenix article and a few others that I have come accross over the years.

The gist of which is that they were in the right sector at the right time.... But even soo, through a mixture of incompetence/arrogance they nearly screwed up.

Maybe start by reading that article in the Phoenix. Then maybe have a read of this

https://www.theguardian.com/uk-news/2021/apr/14/investors-sell-off-shares-in-grenfell-tower-cladding-firm-kingspan

I did not pull the trigger the last time kingspan went to 50 but they are back there again ,the war will probably drive markets lower again .Is it time to sit on our hands a bit longer ,Bank of ire. are flying doubled on them ,I actually bought them 3 times 2 of which times were a rob and the 3rd time doubled up bigtime at a pittence price .Thinking should I just buy % of kingspan and see how they preform .

Anything else of value ?

i have a 1000 ryanair which are down 5% from purchase price years ago ,probably enough of them

Just giving an update on my stocks ,

My shares are up 50 % bought over 3 years

bank of I up 100%

fbd up 10%

ryanair up 10%

Kingspan up 10 %

I am thinking of just holding them any other opinions ,I will try not lose my shirt and so far I have bought pretty well and timed market ,I will definitly off load bank of i. when it hits 10 euro .

Fbd & kingspan seems to be going ok

Ryanair usual ?

is there any others in Iseq to keep watch on

Couple of years back all the jargon was to invest in these reit instead of property ,you could get ther same return as property without any of the hassle .Would not mind but when these reit starting purchasing property it was on the floor after the crash .

I got a couple of REIT's in 2014. When I copped that all of London's financial giants weren't fleeing to Dublin after Brexit I got out. As above, it was only when I sold that I realised how many free shares had been pumped into my holding. Good outcome.

Ryan could be letting the State open to a 1 billion plus liability

The projected revenue value of the well is above a billion. Ryan has enacted a clause that was bough in post original exploration liciences.

Lansdowne oil and Gas is a partner and already is initiating legal proceedings as it is probably protected by international exploration treaties

There will be freedom of information requests and God know what will come from them.

There is also the fact that Ryan and the Government have put unrealistic financial expectations that no micro exploration company could fullfil. Finally this may seem to be a political ideology ruling by Ryan.