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Allied Irish Banks plc Message Board

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  • lalajavago lalajavago Oct 7, 2010 9:51 AM Flag

    This is the time to buy. When people fear and run buy.

    No you could be wrong. AIB has 250 bn worth of loan. You must be kidding. NAMA identified bad loans are all settled now.

    AIB to a hair cut for those bad loans. All the other loans are performing good.

    This bank should turn around because the company is doing the right thing by selling the asserts.

    So far they raised 4.6 bn euro (3.1 bn from polish and M&T 1.5 bn)

    Irish regulaters said AIB has to raise 10.5 bn euro so AIB need to raise another 6.1 bn euro.

    They can sell UK AIB for at lease 1.2 bn euro. So that will take AIB to 4.9 bn capital raise in November thru December

    In my experience AIB will raise the money.

    Solar company did it ; Airlines did it; Bank here in US did it. It is just time. If you have the patients to buy and hold you will see this stock trade at $10 next year.

    Much better than CITI BAC LYG NBG