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“We are at breaking point” – Killarney businessmen call for urgent action



THE PLAN: Paul Treyvaud pictured with hotelier and local councillor Niall 'Botty' O'Callaghan and publican John C O'Shea after unveiling 'The Plan' calling for all hospitality to reopen together. Photo: Michelle Crean

By Michelle Crean

Not only did three Killarney businessmen got the country talking this week - but managed to get their new campaign trending at number one on Twitter for hours - as they urgently called for public support to be allowed to reopen as businesses "are on their knees".

'The Plan', an idea by Paul Treyvaud who runs a restaurant on High St, was beamed across Facebook - which has since received 14k views - with the support of Niall 'Botty' O'Callaghan who runs The Fáilte Hotel and is a county councillor, and High St publican and John C O'Shea.

During the live appearance, they called for the Government to listen to their appeal and the public to urgently get behind them and download a letter to give to all TDs in a bid to lobby Government to vote against the Proposed Extension of Part 3 of the Health (Preservation and Protection and Other Emergency Measures in the Public Interest Act) 2020, which is due to take place prior to June 9.

Hotels and bed and breakfasts can reopen services for guests on June 2. However, they say that other businesses such as restaurants, bars and cafes have been given no date as of yet - and the move is going to be "detrimental" in the long term.

They fear that ongoing closures will have catastrophic consequences not just for their own businesses but suppliers, staff and young people needing jobs - with many businesses folding as they won't make it to next season.

In the letter they state that "With no start date for Restaurant/Bars & Cafes etc to reopen, yet an immanent announcement for Irish people to be able to travel abroad, the domestic tourist season will be decimated. Irish people will not book domestic holidays if they don’t know whether they can eat or drink indoors and will simply go abroad. We can not allow this to happen, especially when it can be easily prevented".

They say that they too can reopen with reduced capacity indoors in a safe manner in line with current COVID guidelines.

"All we're asking is to unite all hospitality," Paul told the Killarney Advertiser.
"There isn't a person in the country who hasn't heard of 'The Plan' by now. We are urgently asking people to download the letter and give it to all their TDs and to put up a poster in their windows calling for all hospitality to open at the same time. Pressure politics is the only way it will work."

Paul explained to viewers watching that everything they are doing is "within the law" and they're not calling for "social disobedience".

"We are entitled to lobby our politicians," Niall 'Botty' O'Callaghan told the Killarney Advertiser.

"At the moment hospitality is so divided, we're just asking for a united push."

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Killarney to feature on TG4’s Country Music show

By Sean Moriarty A song about Killarney – once made famous by local Country Music hero Dermot Moriarty – will feature on TG4 tomorrow night (Tuesday). The second series of […]




By Sean Moriarty

A song about Killarney – once made famous by local Country Music hero Dermot Moriarty – will feature on TG4 tomorrow night (Tuesday).

The second series of the Irish channel’s County Music show ‘Viva Ceol Tire’, which highlights emerging Country Music talent in Ireland, airs every Tuesday night at 9.30pm.

The next programme will feature Donegal singer David James’ version of ‘Oh Killarney’.

The programme was filmed entirely on location in Killarney including Torc Waterfall, Ladies View Moll’s Gap and Kate Kearney’s Cottage.

“The song was written by Dennis Allen. However, it was a hit for Dermot Moriarty in the 1980s. The first time I heard it I loved it and I was thrilled with the reaction my version has got,” James, who is from the small village of Killean in Donegal, told the Killarney Advertiser.

“It’s pretty rural but I love it. I’ll be in Country Music 10 years this May. My first gig was in the local GAA hall for my aunt’s 50th birthday. I was 14 and I’ve been at it ever since.”



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Five questions to ask yourself before buying a stock

By Michael O’Connor, When it comes to investing, nothing is certain. There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy. […]




By Michael O’Connor,

When it comes to investing, nothing is certain.

There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy.

The truth is, investing is hard, and building a portfolio of top stocks that beat the market is something that even financial professionals have trouble doing consistently.

For most people, investing in index funds is the perfect hands-off approach, providing broad exposure to the stock market at a very low fee. Even my own personal portfolio is made up of roughly 70% ETFs despite the fact I invest in the market for a living.

But I believe some stock picking is a good strategy for many hands-on people.

Taking a small portion of your overall portfolio and diligently selecting a small number of companies to invest in gives you an opportunity to learn about the investing process and fully understand the businesses you are investing in, which helps to build conviction in your positions.

From a psychological standpoint “collector’s instinct” kicks in, enabling people to participate and invest more money over time.

Lastly, for Irish investors, there are tax benefits to consider. If you invest in individual stocks, you are taxed at the CGT rate of 33%, and the first €1,270 of your gains are exempt from CGT each year. When investing in index funds or ETFs, you are taxed at the exit tax rate of 41% with no annual exemption.

For those interested in picking individual stocks, here are five questions you should ask yourself before investing in any company.

Do I understand the business?

Too many people invest in businesses they don’t understand because it ‘sounds good’. If you have no idea how the company works, you won’t have the conviction needed to hold onto the stock when an inevitable downturn comes.

Can the balance sheet withstand severe, temporary adversity?

This seems obvious, but so many people invest in companies without understanding how much money a company holds and who they owe money to. Economic cycles are guaranteed. You must ensure that the company has enough cash-on-hand to avoid becoming obsolete when activity slows.

Will the company benefit from long-term trends?

Make sure the company will remain relevant into the future. If the stock is cheap now, it may be cheap for a reason.

Is the company enjoying profitable growth?

Not growth at all costs, but a combination of sustainable growth and value. All this information can be found online at sites like

What are the risk factors?

Is the company trying something new and untested? If yes, who are its competitors and how successful are they? If other players are more established, this company may have a tough time breaking into the market.


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