Irish Bank - Now LLoyds?

6022tivo

Hello

During the crash and my speculating days I invested in a few things (One failure was San Leon Energy!!)..

But I invested a chunk of cash into a large Irish Bank (Forget the name of it).

A couple of weeks after my investment the shares were frozen and I could not trade or do anything with them.

I had thought they had gone the way of my Yell shares (Another poor investment!), but today on my XO account I see these banking shares are on the rise, but are now known as "Permanent tsb Group Holdings PLC (IPM.I)"

http://www.reuters.com/finance/stocks/overview?symbol=IPM.I

So, I guess the bank had been rescued and I can now trade the shares?? They appear to be on the rise, so may keep hold of them now we are all enjoying this recovery journey led by the brilliant running of the country at the moment?

Onawingandaprayer

6022tivo wrote: »

Hello



But I invested a chunk of cash into a large Irish Bank (Forget the name of it).

Hmm. Sorry, but if this is anything to go by, i suspect investing may not be for you.

Totton

This may help - http://www.permanenttsbgroup.ie/who-we-are/group-history.aspx

Wilkins

Nothing to do with Lloyds/TSB:


http://www.permanenttsbgroup.ie/who-we-are/group-history.aspx


Tradeable perhaps on the Irish Enterprise Securities Market (ESM).

atush

6022tivo wrote: »

Hello

During the crash and my speculating days I invested in a few things (One failure was San Leon Energy!!)..

But I invested a chunk of cash into a large Irish Bank (Forget the name of it).

A couple of weeks after my investment the shares were frozen and I could not trade or do anything with them.

I had thought they had gone the way of my Yell shares (Another poor investment!), but today on my XO account I see these banking shares are on the rise, but are now known as "Permanent tsb Group Holdings PLC (IPM.I)"

http://www.reuters.com/finance/stocks/overview?symbol=IPM.I

So, I guess the bank had been rescued and I can now trade the shares?? They appear to be on the rise, so may keep hold of them now we are all enjoying this recovery journey led by the brilliant running of the country at the moment?

Have you given any thought to collective investments such as funds or investment trusts? If you are having bad luck choosing shares, maybe you'll do better choosing one of those. As I agree, if you can't remember who you are investing in, you need to make a change somewhere?

kidmugsy

atush wrote: »

Have you given any thought to collective investments such as funs or investment trusts?

I like the sound of "funs". All advice welcome.

6022tivo

Only 1k or 2k a time.
I also have picked some crackers.

BP at the LOW, and my best performer Taylor Wimpy at 20-30p, now at well over £1 and rising.

atush

So at least you've had some luck.


Still worrying you don't remember the name of the bank?