SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: gcrispin who wrote (28017)9/6/2007 9:50:01 AM
From: Spekulatius  Respond to of 78745
 
GCrispin - regarding AIB.
Thank you for the helpful link. I am aware of problems with the irish housing market. Many housing markets in Europe have shown even larger increases in housing unit costs than the US (Spain, Great Britain, Ireland, France) with the notable exception of Germany. What those countries do not have is a subprime loan industry.



To: gcrispin who wrote (28017)9/7/2007 11:39:49 PM
From: Spekulatius  Read Replies (2) | Respond to of 78745
 
Decided to buy some AIB despite Irish housing woes. Cheap valuation. Valuable but nonstrategic stake in MTB that could be liquidated (value equal to 10% of AIB market cap).

biz.yahoo.com

I like their Polish business - now 12% of their operating profit but growing 37% YoY - a nice growth platform going forward.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News