$4.85
0.11 (+2.32%)
Allied Irish Banks, plc. (ADR) (AIB)
CAPS Rating:
The Company provides a diverse range of banking, financial and related services, in Ireland, the United States, the United Kingdom and Poland.
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I have confidence in Dermot Gleeson's skill and his support for shareholder interests. And, there is room for the government to dilute shareholders' interests by 50% from here, and still have the current price be a bargain.
I've been sitting and waiting for new developments, and am pleased to not see more bad news.
Yea I agree. I bought this tock at 1.41 and watched it rocket up. Just to watch it settle back down. I hope that it starts to slowly gain momentum again. Please no more bad news!
I agree as well. I bought 100 shares at $2.42 and another 80 at $3.37 last week. I assume there will be plenty of hair-raising ups and downs for many months, but I am an extremely conservative investor and this is a chance to take a small risk at a very low price.And if the bank survives (which I think is likely as nationalization would be a disaster for Ireland which is alreday reeling) there is an upside, and it could be impressive.
I'm with you. I bought 1,000 shares at $1.50. I'm still holding because I think that this bank will turn around with a bang. If it comes back down like it did, I'll be on board for another 1,000 shares. A little tid bit of advice would be to insure yourself with out of the money puts to protect your initial investment in case the stock does head south. Cash in your puts for cash to accumulate more shares without having to tie up more capital that could be used elsewhere. Just my two cents...
a citigroup analyst report today claims that AIB is in dire need of capital injection and might possibly nationalize...that negative sentiment will be sure to send prices tumbling in the short term...
It is now 5/22 and the stock price is now at 3.74.
I bought 200 shares at 2.54 and am pleased at the steady rise in the price.
If the market shapes up this could bring in a real nice increase in the range of around $40 a share which is the 2005 market price.
it is now 6/19 and the stock price is 5.34 with a high of 6.26 only a few days ago before the latest stock drop back. AIB is still a good investment at 5.34.
I own 600 shares of real money and expect it to grow to 15000-18000 by years end.
I think NAMA will be a net positive, and that if I'm right about that, AIB remains undervalued at the current $7 ish price. If I'm wrong, though, this could well turn out to have been a good time to exit.
Irish newspapers making NAMA look less positive. Very seriously considering exit.