Time to take position in Skye Bank. With current prices on the floor I see this Bank Stock ending the year in first quartile by the end of 2008 in terms of total returns. i.e. Dividends and Capital Appreciation.

This bank has disappointed me as regards their skye shelter fund.

Otokx what happened with the Skye Shelter Fund. Please give some details. I think I saw it when it came out and I rated low if one wants to grow capital aggressively. It will more of secure capital better in the case of a market reversal which I think chances of happening next year is low. So tell me what made you disappointed.

My call to take position is limited to my estimate of the group performance for Banks in 2008. Skye bank will give the investor wanting to take new or further position now one of the best returns by end of 2008.