Allied Irish Banks, plc. (ADR) (NASDAQOTH:AIBYY)

Worthless

I think most of the issues surrounding bad debt have been worked out and this stock is ready to move ahead.

Seriously people...

Has this ever happened to you? You own a stock -- say, no more than a couple of hundred bucks worth -- because you decided that, say, it was one of the two main banks of an EU country, whether or not that country was a PIIGS. And you held onto it, because you figured, these guys have to survive, right? I mean, sure they are getting a bailout but, you know, too big to fail! And they don't fail.

But they delist. And so now you're left holding a bag of pink sheets. So out of spite you join the red thumb sentiment, and indeed, you make a few points. I mean, you lost $200, but at least you get some CAPS points. And then the thing spikes, and so now you are in the red in real life and here.

I am certain this kind of thing never happens to any of you.

delist

98% gov ownership?? SELL!!!

They dont stand a chance.. IRE makes this company look pathetic in almost every aspect and they are still considered "high risk".

The bank is issuing an extra 50 billion shares to raise capital and further dilute the existing shareholders.

I feel the pain of innocent AIB investors( particularly to those who love Ireland -it's a great country) who have had had their head handed to them by this junk and criminal Bank. If you read the news you heard shareholders threw rotten eggs to the CEO more than once during shareholder meetings.

AIB has proven to be run by people that have very little brain function, and no understanding of the Irish banking business. They are devestating the whole country. AIB was loaning out money, like candy being handed out on Halloween.

AIB's Incompetent and evil management thinks nothing of its shareholders. In other words, this Bank places ZERO value in its shareholders. AIB has broken and seriously wounded it's shareholders, the govenment, Irish citizen and the whole country. This will haunt AIB for decades even the government says it is one of the so-called "pillar banks".

500 billion new shares issue in July? No investor or even glamber should buy one single share. The banknget to murder a new generation of new shareholders to pay back it's huge debt and to meet capital requirement, shareholder will get ZERO. the bank is still likely to surivive, but not the shareholder.

If you still want to gamble, better put your bet on IRE.

Being effectively nationalized is not fully. it is a risky stock, but i believe that it has the promise of a resurgence though the time frame is longer than previously thought. if AIB can stay afloat it will rally it's self to the levels of fall 09.

Wish in one hand poop in the other, see which gets full faster. AIB isn't going anywhere fast. Better picks available.

I just bought IRE, wish I had the money to get some AIB, too, but since I don't I'll just give it a thumbs up.

Been with them for so long; hopefully the comeback comes soon.. :)

irland comeback

AIB's share price is well below it's book value. Believe that the Irish Government and people will not let a national bank like AIB go under. U.S. Government ownership doesn't seem to have hurt General Motors, so I don't think it will hurt AIB. I expect AIB's share price to improve as the Irish economy improves. Ireland still has a long way to go before their economy improves significantly. Austerity measures designed to decrease deficits have depressed the Irish economy. This has increased Irish bank losses, which has led to bigger government bailouts, which has increased the deficit, which has resulted in calls for more austerity measures and budget cuts, which further depresses the economy. Fortunately, recessions don't last forever. Ireland has a well educated workforce and a government that understands the value of a nimble free market economy and low corporate tax rates. When this recession ends, Ireland's economy and banks, including AIB will also improve.

TIME TO BUY IT NOW

If this bank can pull out of the hole it's in, it will inevitably make some people a fair amount of money. If it doesn't, it's another penny stock lost.

As soon as Allied Irish Banks gets out of the Government bail out this stock will sky rocket, all of its peers have been in the same situation, extreme low prices until they pay off their loans, and after that price jumps, Better buy now for those who want high returns.

should come back on a mac attack.

high risk but potential high return