Bank of Ireland (ADR) (NYSE:IRE)

Bought back into them some time ago, but kept it on my watch list because there was such a difference between my buy price and the current price.

Finally decided to buy some more and put it on my active list when it dropped some.

I am actually in at $8.23 and have about one fourth of what I want to own for the longer term.

One thing to remember about the IRE ADRs, is that for every $0.01 change in the underlying shares, there is a $0.40 plus movement in the ADR price, so it can look like it is moving a lot, when it really isn't.

I like them for the longer term and think they have turned the corner, but anything can happen in the shorter term.

Will watch for opportunities to add when there are events in the EU or just a significant drop in the Euro vs the Dollar.

JMO and worth exactly what I am charging for it.

I'm Irish and my g friend works in it :) fool on fools ...
half yearly results will be very positive !!

I believe that the Bank of Ireland was one of the earliest european banks that has done the right thing since the market crashed. IRE made the tough decisions including selling off it once prime real estate assets at severly reduced rates. These actions have helped stabilize the bank and alleviate the necessity for the government to take a controlling share. Ireland is a resilient country and it is a gateway to europe which has made it appealing to companies and will once again thrive as the economy stabilizes. If the irish government continues to offer tax incentives it will draw entrepreneurs and industry back to its shores

Ireland is coming back! Get in early

High volume breakout

hmmm... Ireland has big plans after Summit

Price to book 0.31

Watsa & Ross team up on this with a bullish outlook on the irish economy. IRE will not be nationalized, is currently reporting a profit (thanks to 2011 Q4) after shedding its bad debt and writing some off the books. One of the best banks in all of Europe. I personally put in 35K on this stock @ 4.88 and will continue buying over the next few months. Any share price under $10 will make for a multibagger a few years down the road... oh, and when the dividends come back... share holders who got in under $10/share will be laughing all the way to the bank.

May or may not recover this stock is not investment grade.

Watsa-backed big time.

BKIR underlying equity trading around 0.13 euro cents.
Majority privately owned. W. Ross hasa large stake in it as bottom fiher. Got a long position along with some for trading purposes.

This stock is at a good price and Ireland is doing all the right things with austerity.

They've been downtrodden because of debt, but have held stable and have no exposure to Greece. The avoided nationalization and are probably the strongest of the Irish banking sector. This will be a multi-bagger.

I love banks at these prices.. over the long-haul once the panic ends over the current crisis, I would expect a larger return than the risk would indicate. Just my humble opinion on a few banks.. Never too big to fail though - but I like this risk!

Wilbur Ross and Prem Watsa are on the board! Ireland is actually taking the necessary steps requested by the IMF and Euro Union. They will pull out of this mess much stronger and well capitalized compared to the government nationalized counterparts. If there is a Euro bank on your wish list, Bank of Ireland should be near the top. ADR's are now trading at a discount to the LSE listed shares!

Todays prices:

LSE .08 Euro's (.08x 40 ADRS)* 1.3355 EUR/USD= 4.27US

NYSE 4.00 US

luck o the irish....

re-split took place and you see what the market reaction is.
the IRE stock down roundabout 40% -> thump down

Reverse split correct?

Ireland's Trade Surplus
Educated Work Force
High Deposits
Irish Mortgage Rate Increases
Heavy Insider Buying of Bank Of Ireland ADR
Expect $2.5 per share by October 2011
Dealings with Pfizer Bank Dublin and IFSC