Was meint Ihr, lohnt sich der einstig hier?

nachdem wir heute den dritten tag in folge im plus geendet haben keimt so langsam wieder hoffnung auf. immerhin haben wir in diesem zeitraum knappe 20% plus gemacht - ihr habt ja recht wenn ihr behauptet, dass wir zuvor entsprechend gefallen sind.

unser toni8000 würde vom durchbrechen des mittleren bollinger bandes sprechen und zuletzt, als wir dieses durchbrachen "schoss" der kurs sogar über das obere band hinaus, immerhin bis 11,5 cent. wichtiger als schnelles erreichen dieser marke wäre m.m.n eher das feststetzen oberhalb der 10 cent marke. mehr als positiv war auch das seit langem hohe volumen in london, vor allem die schlussorder mit knappen 20 mio. stücken hatte es in sich. mit immerhin 56 mio. stücke war es das höchste tagesvolumen des letzten monates, eigentlich auch ein gutes omen.

http://www.finanzen.net/kurse/...=3119&strBoerse=LSE&pkZeit=0

hoffentlich kommt bald klarheit darüber auf wie die fehlenden 350 mio. aufgebracht werden sollen - die bekanntgabe müsste eigentlich befreiend stimmen.

bin auch gespannt wie lange das kursfeuerwerk an den börsen aufgrund des intervenieren der zentralbanken, siehe hierzu posting 12047 von spaetschicht, anhält und vermute am freitag bereits wieder gewinnmitnahmen. die ratingagenturen werden sich demnächst wieder einen opferstaat aussuchen und dann geht das gezittere von neuem los. vielleicht haben wir bis dahin gewissheit wie das fehlende kapital aufgetrieben werden kann und somit auch mehr fantasie für die zukunft.

allen noch nen schönen abend, gruss weltumradler

 

wieder vorbei. von 0,07x auf 0,08x - - wenn das jede Woche so ist, kann ich damit leben + 0,01x  

nach kurzer verschnaufpause kann es nun wieder hoch gehen!

 

(Updates with analyst comment in fourth paragraph.)

Dec. 2 (Bloomberg) -- Bank of Ireland Plc is set to meet its year-end recapitalization target after saying it expects to raise about 350 million euros ($471 million) from the buyback of mortgage-backed securities.

The bank is buying back 1.1 billion euros of securities for between 33 percent and 92 percent of face value, the Dublin- based lender said today in a statement. The Irish central bank ordered Bank of Ireland to raise 5.2 billion euros in capital in March as part of stress tests aimed at plugging the hole in the country’s banking system and reassuring investors.

Irish Finance Minister Michael Noonan said Nov. 23 the government may use emergency laws to wipe out some junior debt in the bank and complete the recapitalization of the country’s biggest lender. Today’s announcement brings into doubt whether the government will proceed with a so-called subordinated liabilities orders to change terms of bank bonds and inflict more losses on bondholders, said Jim Ryan, an analyst at Dublin- based fixed-income firm Glas Securities Ltd.

“The likelihood of the minister of finance proceeding with the SLO has probably reduced” after reaching its capital target, Ryan said. “However, given the government’s strong views in regard to burden sharing there remains a very real probability that the government will seek to require closure on this matter via some form of burden sharing for the remaining holders of subordinated.”

Shares Rise

Bank of Ireland rose 7.3 percent to 8.8 euro cents at 8:43 a.m. in Dublin trading after the announcement. On Nov. 21, the bank offered to buy back as much as 1 billion euros in mortgage- backed securities issued by Kildare Securities Ltd. and Brunel Residential Mortgage Securitisation No. 1 Plc.

The state has injected about 62 billion euros into the nation’s banks, including a net 3.9 billion euros into Bank of Ireland. The Irish government has raised about 15 billion euros by imposing losses on subordinated bank bondholders.

Noonan said last month no decision has been made on the possible order, and invited written submissions from interested parties on the matter.

The government in October sold a 34.9 percent stake in the bank to five investors, including Toronto-based Fairfax Financial Holdings Ltd. and WL Ross & Co., the New York-based investment firm, and now controls 15 percent of the lender.

 

http://www.businessweek.com/news/2011-12-02/...rget-with-buyback.html

 

UPDATE 1-Bank of Ireland completes recapitalisation

 

 

* Bank meets 4.2 bln eur capital target after RMBS buy back

* Irish fin min has said may wipe out some junior debt

* Positive buy back may lead to less coercive action (Adds detail, analyst quote, share price)

DUBLIN, Dec 2 - Bank of Ireland (Irish: BIR.IR - news) met its end-year recapitalisation target on Friday after it bought back outstanding securitised bonds consolidated on the group's balance sheet at a discount, resulting in a capital gain of 350 million euros ($471.45 million).

Bank of Ireland was ordered in March to raise an additional 4.2 billion euros in core Tier 1 capital to bullet-proof its balance sheet against future property-related losses following tough, fresh stress tests.

Before Friday, it had generated 3.85 billion euros towards that goal, most of it by imposing losses on junior bondholders and through a 1.1 billion euro investment by a group of North American investors, who now own 35 percent of the bank.

It completed the process by buying back 1.15 billion euros of outstanding residential mortgage backed securities (RMBS) issued by Kildare Securities Limited and Brunel Residential Mortgage Securitisation, an increase of 150 million on its original target.

Shares in the bank, which traded at almost 10 euros at the height of Ireland (Xetra: A0Q8L3 - news) 's "Celtic Tiger" economy four years ago, were 6.1 percent higher at 0805 GMT.

In a separate move to raise additional capital, Ireland's finance minister Michael Noonan said last week he was considering wiping out the value of some junior bonds in Bank of Ireland by applying to the courts to use emergency powers the state has deployed to impose losses on bondholders at other banks.

Analysts said now that Bank of Ireland has met the targets set under March's stress tests, a less coercive outcome may be possible for the over 400 million euros worth of subordinated debt that Noonan has in his sights.

"The fact that the bank has satisfied its outstanding capital requirement under the stress tests suggests that any capital generated from the outstanding subordinated bondholders is "bonus" capital," Stephen Lyons, credit analyst at Davy Stockbrokers said.

"It remains to be seen whether the minister will pursue a subordinated liabilities order and a less coercive outcome for bondholders may be possible through negotiation, as the Minister weighs up submissions received this week in this regard." ($1 = 0.7424 euros) (Reporting by Padraic Halpin; Editing by Jon Loades-Carter)

 

http://uk.finance.yahoo.com/news/...ocus-1888296150.html?x=0&.v=1

 

gelingt wohl so??  :D (ab 2:40min)

http://www.youtube.com/watch?v=4NY_3_qW4rM&feature=related

 

 

DUBLIN | Fri Dec 2, 2011 5:13am EST
http://www.reuters.com/article/2011/12/02/...land-idUSWLB964720111202

Dec 2 (Reuters) - Ireland's finance minister said he was no longer considering using emergency powers to impose losses on junior bondholders in Bank of Ireland after the lender raised 350 million euros ($471.45 million) in fresh capital on Friday.

Michael Noonan warned last week that he was considering wiping out the value of some junior bonds to ensure the lender generated the 350 million additional capital needed to meet its end-year recapitalisation target.

"As a result of the bank's announcement this morning ... the minister is no longer considering the use of the powers available under CISA (Credit Institutions Stabilisation Act) for these purposes at this time," Ireland's finance ministry said in a statement.  

 

"Wenn" jetzt noch die Politik mitspielt, könnten sich mMn die 0,11x bis JE ausgehen  

it`s nice to be a preiss but it`s higher to be a bayer...... besser noch über baden lacht die sonne über schwaben die ganze welt.....

gruss weltumradler

 

bin ich froh im richtigen Teil von BW zuhause zu sein !  

Kann ich nur Zustimmen :-)

 

Ist denn dieses kopp-online für ein kram? Scheint mir total unseriös und bringt veraltete Meldungen. 2000 britische Rentner. Die armen. Muhaha.. könnte auch in der titanic stehen  

...du älter Gelbfüßler...

Du weißt ja,wir können alles...
:-)  

hoffentlich !  

Glaube da könntest Du recht haben. Diese Woche sind auch sehr interessante EU Gipfel.
Ich glaube so langsam ist alles getan was getan werden kann.
After a storm there must be a calm.
@Gruß @ all hardcoreboianer  

Irland: Einkaufsmanagerindex für den Dienstleistungssektor steigt im November auf 52,7 Punkte von 51,5 Punkten im Vormonat. Stärkster Anstieg seit Februar

Quelle: Jandaya

Es geht voran, mit den Kurs ebenso  

Obgenannte sind alle im minus, scheint so, dass man nur mehr der BoI den Rebound zutraut und diese dann tatsächlich als Gewinner der irischen Bankenkrise hervorgeht, die Chancen stehen sehr gut.  Rückschläge inbegriffen  

ich bin wieder mit dabei. ich glabe an die boi  

und das Mißtrauen unter den Banken, wären wir wohl schon über 20cent.
Leider ist das aber nur Wunschdenken.
Hier ein Bericht von ntv : "Misstrauen unter Banken wächst"

http://www.teleboerse.de/nachrichten/...in-zuueck-article4930406.html

Wenn der ganze Sch... blos bald erledigt wäre. "Wunschdenken"  

http://citywire.co.uk/money/...and-bondholders-win-a-reprieve/a549284

Bank of Ireland bondholders win a reprieve
With the threat of a write-off still looming large, now's the time to get out while you can, urges Lorna Bourke.

by Lorna Bourke on Dec 05, 2011 at 13:23
Bank of Ireland bondholders win a reprieve

The governor of the Bank of England has warned UK banks that they need to raise more capital, and the Irish banks are in a similar if not worse situation, so investors should take the opportunity to bail, says Lorna Bourke.
Write-off suspended

Holders of Bank of Ireland subordinated bonds – many of them pensioners – have been given another reprieve. On 23 November, the Irish Department of Finance announced that it was considering applying for a subordinated liabilities order (SLO), which would allow the Bank of Ireland to write down a number of securities by up to 100% – including Bank of Ireland 13.375% subordinated bonds.

But the Irish finance minister has confirmed that the Bank of Ireland has now raised the required capital through a tender offer. ‘As a result of the bank's announcement this morning that it has now raised approximately €350 million of core tier-one capital through its tender offer and purchase of capital securities, the minister is no longer considering the use of the powers available under CISA for these purposes at this time,’ the announcement said.
A good time to get out

Bondholders would do well, however, to note the words ‘at this time’. The reprieve gives investors a chance to sell the bond. The threat of a haircut of anything up to 100% of the value of the bonds has not gone away permanently. Turmoil in the euro area could well precipitate another round of capital raising for banks, and now could be a good time to get out with some capital still intact.

There remains a risk of anything up to a 100% write-off. After the original announcement of the possible application for an SLO the price of the bonds fell to around £32 for each £100 nominal of stock. Today the bonds are trading at £74 to £80, so this could be a good opportunity to get out. Mervyn King, governor of the Bank of England, has warned UK banks that they need to raise more capital, and the Irish banks are in a similar if not worse situation.

Rik Edwards of stockbroker Collins Stewart who makes a market in Bank of Ireland bonds said, ‘today we can bid £76 for up to 100,000 Bank of Ireland 13.375% Subordinated Bonds.  The price has rallied from a recent mid-price low of £32, following Friday's announcement from the Irish Department of Finance.  The Irish Department of Finance retains the right to unilaterally write down the par value of this stock. Given the continuing economic and political uncertainty, investors might wish to take this opportunity to sell or reduce their holding while the price is at the highest level this year.’
Write-off threat remains

Back in June, investors in Bank of Ireland 13.375% perpetual subordinated bonds fought off a deeply discounted cash or debt for equity exchange for their bonds. Pensioners who were holders of the bonds protested that the terms were unfair to small investors. But a 100% write-down applied to all bondholders would not be unfair, and it remains a possibility.

The potential write-down announced last month is part of the Bank of Ireland’s requirement to strengthen its core tier-one capital by €4.2 billion following the credit crunch. This has now been achieved, but it does not remove the possibility that the bank will be required to raise more in future.  

die 2.000 rentner - good time to get out, dann braucht da auch niemand mehr drüber zu berichten.  

sollten Irland nicht treffen, da der europäische Musterschüler ja bekanntlich seit
geraumer Zeit seine Reformen mit Erfolg umsetzt.
Fazit: Es sieht gut aus.

@Quintus: Sehr interessante Analyse!  

will ganz Europa einschließlich Deutschland herabstufen, und das wird einen
Tag nach der EU Erklärung von gestern bekanntgegeben.
Ich kann es nicht glauben!!!
Das ist Finanzkrieg. Amerika führt einen Finanzkrieg gegen Europa.  

...und Europa schaut zu und geht in Deckung