Irish (ISEQ) share chat

littlevillage

https://www.boards.ie/discussion/comment/121317658#Comment_121317658

Mincon up nearly 7% today (on fairly small volume) but that might be the signal that it has bottomed out. At some point Mgmt might consider a buy out as they already own about 57% of the company (three other large shareholders own another 30% between them)

See link below

https://live.euronext.com/en/product/equities/IE00BD64C665-XESM/company-information

littlevillage

Kenmare Resources looking tasty these days. €4.50 down from €5.70 in April, making shed loads of money (at last), p/e 2.5 and a Div Yield of 12%.

Obviously due to past sins the market is punishing them with a lowly rating, but this has to be a target for soneone to buy out eventually. The General Reserve Fund of Oman owns 21.5% of the shares already....they are the obvious buyers.

DYOR.

notsocutehoor

https://www.boards.ie/discussion/comment/121350058#Comment_121350058

Not alone will the ISEQ struggle, London is in the firing line as well, with CRH up 20% since listing in New York and Flutter about to follow them across the pond there will surely be many more companies looking enviously at whats happening

techman1

Also the iseq very volatile since these big exits ,it's not following any pattern at all, it could be down 150 one day, then up 100 the next when the ftse might only move a few points

musk_o_vite

https://www.boards.ie/discussion/comment/121350058#Comment_121350058

We don't have a large financial services sector with respect of our stock exchange,we have funds etc based here but our stock exchange is typical of a small economy

littlevillage

Bank of Ireland getting a bit of a hammering recently. Down from almost €10.88 in Mar to €9 a few weeks ago to under €8 now. About a 30% decline in 8 months.

AIB hasn't dropped at all in the same time period

Did read an interesting article about recently departed CEO Francesa McDonagh, who might have 'doctored' the books a little bit and pulled forward earnings etc. to paint a better picture of things before she bailed out and now they are suffering.

Anyway, I'm adding BOI as its a chance to lower my BEP

techman1

I see ires reit in the news again, the ceo is resigning , and a Canadian fund who owns a chunk of ires are again trying to force changes on the board and take ires private to capitalise on its asset portfolio which is not reflected in current share price. The share has had a good lift in price as a result of all this

cute geoge

https://www.boards.ie/discussion/comment/121470920#Comment_121470920

Not following Iseq with a bit ,currently sitting on BoI ,kingspan ,ryanair and fbd .Fbd flatlining is the only negative but will probably turn the bend soon with insurance renewal prices climbing.Have you any nuggets of wisdom for future investment .Kerry looks tempting but seem to be in the doldrums .What sort of a company are uniphar ,I made good profit out of united drug previously .Dalata hotel group is another one that is interesting

littlevillage

Interesting story in today's Indo.

https://m.independent.ie/business/irish/investment-bank-goldman-sachs-takes-an-almost-6pc-stake-in-ptsb/a1286031205.html

Kerl

https://www.boards.ie/discussion/comment/121892165#Comment_121892165

Just read the article. Share price is recovering a little but not exactly soaring away. I'm in here. thought it was one of my bad decisions but you never know.