Irish Tiger

rffrydr · Posted: Fri Oct 19, 2007 12:46 pm Post subject: Irish Tiger

Fading fast: highest direct exposure to US ways and means--by which I mean trade and bad habits. Do, canaries come in green?

http://www.ft.com/cms/s/0/dab304d6-7601-11dc-b7cb-0000779fd2ac.html
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Sat Oct 20, 2007 5:16 am Post subject:

Note that MSCI Ireland was down more than 12% (in USD terms) during the 3Q.

diesel · Posted: Thu Apr 03, 2008 3:39 am Post subject:

Henry,

What is your current take on Ireland? You had a few positive things to say earlier in the year but I havent seen anything since.

Thanks...
_________________
Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty, lies opportunity. - Albert Einstein

HenryTo · Posted: Fri Apr 04, 2008 1:52 am Post subject:

Hi Diesel,

Ireland has done relatively well on a YTD basis - in USD terms, the Ireland stock market (MSCI Ireland) is only down 0.95%, compared to a 6.88% decline in the MSCI Europe.

Valuations continue to be great, but at this time, I am very underweight Europe given that I see weakness in the Euro later this year. Ireland is still a good bet, I think, but is not a screaming buy to me.

Let me know if you have any further thoughts.

Henry

diesel · Posted: Fri Apr 04, 2008 2:12 am Post subject:

Thanks for your thoughts Henry.

I see Ireland is picking up some non-domiciled residents that formerly resided in the UK. All downhill recently for her majestys kingdom.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aF8RPQXK.UZ0&refer=home
_________________
Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty, lies opportunity. - Albert Einstein

rffrydr · Posted: Fri Aug 01, 2008 8:20 am Post subject:

That was a green canary: Ireland worst market next to Vietnam over 12mos.
_________________
Today is the Tomorrow you worried about Yesterday!