...so many moronic, ridiculous, ignorant and down right immature postings. Hell, I have so many of you on IGNORE that there's barely a conversation going on. Perhaps we should focus on the fundamental merits of investing in AIB shares... Now, there's a radical idea for you.
Actually, I have been quite active on several. Take a look at the HUN board for example. The regular participants on that board have helped each other earn very substantial amounts of money over the past year. Investing is not a zero sum game...we can all make money together. You guys should try it...it really works.
Yes, I just finished it. Overall, I don't think there were any surprises. Ireland is an economy in deep recession, and AIB needs the Irish economy to recover before it can perform at its potential. More details regarding restructuring would have been nice, but in the context of ongoing negotiations, the lack of detail was understandable.
As I have posted here before, investing in AIB shares is a binary bet on AIB's survival as a privately owned and operated institution. Anyone listening to the presentation would have to conclude that the survival outcome is not in any doubt.
The current share price reflects market psychology and gamesmanship, but I really don't care much about the current share price. I have a two-year time horizon for this investment and expect to earn mutiple on my invested capital.