Eircom’s value plummets!

Categories: Stock Market

eircome value dropEircom overvalued again!

Remember you though you paid too much for Eircom and than sold them to low?  Eircom's value is back in the news again! Eircom's Aussie owners admitted that they paid too much for Eircom, which has seen its estimated value plummet by in excess of 700 million euro. Eircom was purchased for 2.38 billion less that 3 years ago. The owners are looking at introducing a number of cost cuts, jobs are not on the line yet, its working with Irish Unions to find a ... Read More

Irish ISEQ comparison Internationally

Categories: Stock Market

stock market collapseStock market collapse

How bad is the Irish stock market? Well lets look at some comparisons, and you will certainly see the dire state of the ISEQ. In 14 months lets say how much 100 dollars invested get you invested in January 2007, hmm about 25 dollars, what about the rest of Europe? Well in the UK,France and Spain you would be left with 45 dollars, Italy 37 dollars which is far better. And now for the USA, your 100 dollars would be worth 54 now, its all ... Read More