Originally posted by BOBBY BOUCHER:
Given last nights latest Tiger robbery of BOI, their share price has plummeted to 19 cent from an almighty high of 18.42 around this time last year.

Please tell me if I am being naive here but I am seriously considering buying 500-1000 euro worth of stock in the company.
Obviously they will never hit the heights of our false boom but surely they are unlikely to be taken over by the government and as in all recessions things will re-stabize and grow again. Is it unreasonable to surmise that the shareprice could climb back to between 5 and 10 euro in the next 2/3 years.
On the negative side of this I have heard of people who invested heavily in shares this time last year....God love them!

Originally posted by joe bloggs:


There is many fellas would put more on a horse. It could be worth a punt sure all you colud loose is a grand. I hate to think how much i`ve potentially lost on my house bought two years ago, but as i`m still here and won`t be needing to move anytime soon its not a real loss, and who knows as you say in five years time things might have risen again

Originally posted by joe bloggs:


There is many fellas would put more on a horse. It could be worth a punt sure all you colud loose is a grand. I hate to think how much i`ve potentially lost on my house bought two years ago, but as i`m still here and won`t be needing to move anytime soon its not a real loss, and who knows as you say in five years time things might have risen again

Originally posted by BOBBY BOUCHER:
Given last nights latest Tiger robbery of BOI, their share price has plummeted to 19 cent from an almighty high of 18.42 around this time last year.

Please tell me if I am being naive here but I am seriously considering buying 500-1000 euro worth of stock in the company.
Obviously they will never hit the heights of our false boom but surely they are unlikely to be taken over by the government and as in all recessions things will re-stabize and grow again. Is it unreasonable to surmise that the shareprice could climb back to between 5 and 10 euro in the next 2/3 years.
On the negative side of this I have heard of people who invested heavily in shares this time last year....God love them!

Originally posted by handyscore:
Set up an online account and do a bit of day trading. The shares are pretty volatile at the moment. If I buy anything I will be checking the share price every couple of hours to see what is going on and if there are big changes I will be getting out whether that means a profit or a loss.

Originally posted by handyscore:
Set up an online account and do a bit of day trading. The shares are pretty volatile at the moment. If I buy anything I will be checking the share price every couple of hours to see what is going on and if there are big changes I will be getting out whether that means a profit or a loss.

The idea of putting a grand in and coming back in a couple of years I think is a good one as well. I wouldn`t build a plan of investing today and coming back in a couple of months to see how they were doing.

Originally posted by chrish:
Any recommendations on an online share trading site?
And one which will give you the necessary research data on companies.
thanks

Originally posted by Welger AP630:
Why not throw a grand at McInerney holdings also... they have landbanks too, and at kleast there is less chance the Govt will take em over.

Originally posted by polladdy:


welger
methinks you know more than you are saying here particularly because the advice is right.Safest constuction company by a mile at this point

Originally posted by BOBBY BOUCHER:
Given last nights latest Tiger robbery of BOI, their share price has plummeted to 19 cent from an almighty high of 18.42 around this time last year.

Please tell me if I am being naive here but I am seriously considering buying 500-1000 euro worth of stock in the company.
Obviously they will never hit the heights of our false boom but surely they are unlikely to be taken over by the government and as in all recessions things will re-stabize and grow again. Is it unreasonable to surmise that the shareprice could climb back to between 5 and 10 euro in the next 2/3 years.
On the negative side of this I have heard of people who invested heavily in shares this time last year....God love them!

Originally posted by BOBBY BOUCHER:
Given last nights latest Tiger robbery of BOI, their share price has plummeted to 19 cent from an almighty high of 18.42 around this time last year.

Please tell me if I am being naive here but I am seriously considering buying 500-1000 euro worth of stock in the company.
Obviously they will never hit the heights of our false boom but surely they are unlikely to be taken over by the government and as in all recessions things will re-stabize and grow again. Is it unreasonable to surmise that the shareprice could climb back to between 5 and 10 euro in the next 2/3 years.
On the negative side of this I have heard of people who invested heavily in shares this time last year....God love them!

Originally posted by BOBBY BOUCHER:
Given last nights latest Tiger robbery of BOI, their share price has plummeted to 19 cent from an almighty high of 18.42 around this time last year.

Please tell me if I am being naive here but I am seriously considering buying 500-1000 euro worth of stock in the company.
Obviously they will never hit the heights of our false boom but surely they are unlikely to be taken over by the government and as in all recessions things will re-stabize and grow again. Is it unreasonable to surmise that the shareprice could climb back to between 5 and 10 euro in the next 2/3 years.
On the negative side of this I have heard of people who invested heavily in shares this time last year....God love them!

This message has been edited - 02-mar-2009 @ 14:03

Originally posted by Pog Mahone:


This info was right last year, presumably it`s still reasonably accurate.

Sharewatch   (www.sharewatch.com  )   charge €50 for ‘small’ transactions up to €15,000 without opening an online account. If you have an online account they charge 0.3% per trade   (subject to a minimum  )  . Their website is pure sh1te imho.

Davy charge 0.75% per trade   (again subject to minimum  )  , + a yearly maintenance fee of €90+

If you buy Irish shares there is a 1% stamp duty charge, 0.5% for UK ones, no stamp duty when selling.

National Irish Bank charge 0.75% per trade   (again subject to minimum  )  , with no yearly maintenance fee, and you can trade European shares as well   (no stamp duty on European shares  )  . They have a Reuters link for news.

If you want to be slightly more adventurous, you could open a US account. Zecco   (www.zecco.com  )   charge $4.50 per transaction and there are no Stamp Duty charges either on US trading, so your profits   (or loss  )   are all yours. Ameritrade   (www.tdameritrade.com  )   charge $9.99 per trade and have a good website. You can buy and sell the US version of the Irish shares   (AIB, CRH, BOI etc  )   without incurring any stamp duty charges. Bit of an added risk obviously on the currency fluctuation.

Originally posted by BOBBY BOUCHER:
The bank being Nationalised is obviously the big factor here but can anyone explain what actually happens in this situation.
My understanding is the government take control with a 51% sharehold but surely they have to finance their cut at the going rate which would mean shares would automatically rise due to demand.
Or do they get them at a discount price meaning a short term drop   which would then be gradually restored with increase in confidence??