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Motley Fool Global Gains / GGS: Allied Irish Banks


Subject:  Re: AIB Date:  9/30/2010  9:28 AM
Author:  brigidl Number:  1182 of 1202

I will draw a clear distinction between BOI and AIB. Just this morning there is speculation that the gov. will own 90% of AIB. so if this is the case then it won't go under. Is it a buy?.. not at 44 cent. Can I value it?.. no way.
BOI seems to be more clearcut with the Gov. holding 35% and the recapitalisation job done / nearly done with the rights issue.I think BOI is near to its floor but I don't see any multibagger prospect on the horizon.

AIB is are a recipe for losing money and many investors will agree. Since its almost impossible to value due to the unknowns I'd stay well away.frank
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