Been holding these for a few years now though I must admit selling them about 6 months before the share split. Have subsequently bought back in though and will be running the Scrip dividends for the next 20 - 25 years to take advantage of the compounding factor.

Not only that but the capital growth will be something else too !! A true 'growth' share !!

Half my shares are Blue today with the other half Geen !!

NO Red !!! ( touch wood ).

Backwardisation - gotta love it.

Approaching 12 Euro too.......

Nice.....

From Davy StockBrokers

Anglo Irish Bank (Starting Points September 04 2006)
Fitch upgrades ANGL credit rating; trading update at midday September 5th
Fitch Ratings has upgraded ANGL's rating from A to A+. The upgrade reflects consistent growth in the bank's operating profit and prospects for continued growth for at least the next two to three years, a larger capital base and greater diversification of assets and funding. Fitch expects profitability to continue to improve in 2006 and beyond. This strong profitability growth should put the bank in a better position to manage successfully any credit-related shocks, although Fitch is not expecting any significant asset quality deterioration in the medium term.
ANGL is due to release a pre-close trading statement at midday on September 5th. The shares gained 3.1% last week in anticipation of a positive update, bringing the advance over the past month to 15.8%, one of the top performances in the European bank sector.
Previous close: 1319c Target: 1550c (10/05/06; previously 1500c, issued 15/03/06) Analyst:

I've watched these from the sidelines for a while now - coime back from holiday to find readjustment...but why???