BKIR Stream Log

Interesting piece on WR in the Irish Inde today. For some reason I cannot add the link?

Bloody exchange rates!

SP Re-Entry point - Hoping for 26c and then sit back and watch but may have to be nearer 28?

[link]

[link]

AIMak sell now son

LUKE - I am pondering buying back but will wait a little longer before doing so as in my view the SP could go either way in the very short term. No idea what they will be at xmas and would not advise buying to sell for xmas as could come unstuck. Still a very long term prospect share rather than short term punt. I am not a share trader but a buyer and holder of shares in 3-4 companies at a time.

Eamonn - The best I can say to you is that AIB will exist in one form or another in 5+ years and that it's share price will be substantially better than it is today. I want low multiples. If I can but at 8-9 then I only need .8 r .9 for 10% increments. 14-15c for AIB is too high a multiple for me at this time. Others disagree but they may be very short term buyers.

Eamonn - The price you buy at is based on the info available at the time and you hope you buy at the low end. I am waiting for AIB to go down. If they do not then I may have to buy in at a higher value than today. AIB is at it's highest SP for many years. You need to pick a time and price you are happy with and then sit back. The toughest test is when a share is doing well. The temptation to be protective and take profit can be incredibly hard to ignore. I stuck with AIB and BKIR for 27 months before profit taking and am now waiting for both prices to go down to buy back in. I could have made more if I held out until the BKIR results but that it just the way it is. I may have to give back some of the profit and buy back higher than I sold at! Cannot be too greedy or think could have done better. You cannot use hindsight in this game. Be happy with your purchase price and hope it goes your way.

Eamonn - I do not think we will see AIB go as low as 2c but single pennies (5 -9c) is realistic and possibly sooner rather than later.