Metro Bank Share Discussion Threads

[ttny2004] 26/7/2024 15:09

Let's see what comes from any revised broker ratings after this transaction

[dealy] 26/7/2024 14:51

the company needs to give some guidance

[kulvinder] 26/7/2024 14:00

Looks like a classic - sell on the news.... personally thought confirmation of this sale would cement a re-rate.

[gotnorolex] 26/7/2024 12:02

Metro says it has agreed to sell a £2.5 billion mortgage book to NatWest Group PLC. The portfolio will be sold for £2.4 billion in cash.

[freedomexpress747] 26/7/2024 11:15

Have they got rid of the good mortgages only? World of difference between a 90% loan to value and a 40% one.Metro bank have a brilliant business banking offering.Disappointed that one of the new, and very wealthy, digital banks didn't acquire.

[dealy] 26/7/2024 11:03

We need to see the analyst reports on this - what the company looks like after this transaction

[blackhorse23] 26/7/2024 10:49

Loosing money & it's called strength the balance sheet? Are they struggling for cash??

[ttny2004] 26/7/2024 10:21

Should have said last year

[ttny2004] 26/7/2024 10:20

Yes, but the important thing is significantly improve the balance sheet, which is why this was done as in their strategical updates during the last week.

[blackhorse23] 26/7/2024 10:03

Transaction will occur 100m loss

[evg] 26/7/2024 09:38

They wanted to dispose of 4billion worth of mortgages only disposed of of 2.5 probably why not a massive jump in sp

[ttny2004] 26/7/2024 08:53

Finish above 40p, think this will rise quickly.Once news understood.

[chinese investor] 26/7/2024 08:03

Good RNS !

[ttny2004] 26/7/2024 08:02

Yes, be interesting to see. Think a buying opportunity for anybody quick this morning.

[dealy] 26/7/2024 08:01

market not reacting. fully priced in ? or nobody is looking?

[ttny2004] 26/7/2024 07:41

Metro Bank confirms Sale of £2.5 billion Residential Mortgage Portfolio to NatWest Group PLC

[gotnorolex] 22/7/2024 08:51

So where to today?

[socionomics] 18/7/2024 13:59

...and we're off again!

[fast mover] 15/7/2024 16:56

Clearly something exciting and positive is about to happen... Highest volume of trading for some time combined with a nice up tick on the shares.

[thomas4billing] 15/7/2024 16:40

Hey ! That was just a dream but it seems it is coming true given today rise

[socionomics] 15/7/2024 12:00

I think our friend the Columbia billionaire has turned this one around. Or at least he's turned the corner.

All action is to the upside from here in my view.

Sometimes it pays to do a little research. I'm tracking a number of stocks where the share price and the fundamentals are misaligned: STX, GDR, CPX, and others.

[ttny2004] 15/7/2024 11:56

That would be nice.About time this starts to get rerated.

[dealy] 15/7/2024 11:08

this is creeping up. maybe news of deal is leaking

[socionomics] 15/7/2024 09:30

58p target.