Metro Bank Share Discussion Threads

[tsmith2] 04/2/2019 10:44

We are a registered investment adviser best known for managing Sequoia Fund.https://www.ruanecunniff.com/homeBig bite of confidence. It's a £50bn fund?

[tsmith2] 04/2/2019 10:39

a very decent chunk!

[jurgenklopp] 04/2/2019 09:59

Ruane, Cunniff & Goldfarb have picked up 5%.

This is getting quite interesting.

:o)

[tsmith2] 04/2/2019 09:41

Expecting similar trading pattern to Friday

[tsmith2] 04/2/2019 08:13

Looks like Blackrock firstof shorters to start closing position

[this_time_its_different] 01/2/2019 17:08

It's going to £15 next week, watch out shorts.

[kemche] 01/2/2019 17:05

thistime, you were spot on! You have been saying that for quite a while now so kudos!

[tsmith2] 01/2/2019 16:57

More rubbish

[this_time_its_different] 01/2/2019 16:44

what did I say, who is the daddy now. I told you all, this is going to bounce up hard. It's still moving up, shorts are going to get burnt alive.

[blueteam] 01/2/2019 16:15

May fail to break £12 and hold, expect a few day traders to take profit and others. Next week will be interesting. FSA to report......

[cyrilsneer1] 01/2/2019 16:09

Stampede in full flow now. Good luck to all those that held their nerve with this one.

[tsmith2] 01/2/2019 15:53

I mean talk of a statement again

[tsmith2] 01/2/2019 15:53

You spouting rubbish again.

[blueteam] 01/2/2019 15:50

yes,could be a statement before close and MM are aware. Will test £12 for sure.

[tsmith2] 01/2/2019 15:50

Quite a large short position to unwind...

[tsmith2] 01/2/2019 15:49

Most overcrowded trade and have used up all the scaremongering too..

[cyrilsneer1] 01/2/2019 15:47

Shorts heading for the doors before news over weekend.

[kemche] 01/2/2019 15:32

Gone in for a punt. Pure and simple gamble.

[tsmith2] 01/2/2019 13:33

Who/what is 'the market'wedge formation leg up coming

[blueteam] 01/2/2019 13:32

View from 'the market'. 'Metro bank share price has reacted as if there was a profit warning, in fact the trading update was very positive and see a growing business which had adjusted to the modern way to bank. The accounting irregularity was a major error and has been put right, with no likelihood of any further action taken against them. The banking model should see them flourish in the coming years with an expansion taking place. Once this problem has drifted away and confidence return, a share price of £20 would on the present projection be of fair value in the medium term.'

Expect they have bought in themselves!

[tsmith2] 01/2/2019 12:23

Probably just seen an example

[tsmith2] 01/2/2019 10:24

reaudited Accounts lol!the £300mn is an amount that one (paid) analyst has plucked out.I'm pretty sure investec were also writing similar stuff on plus500 to suit the bear case..

[blueteam] 01/2/2019 09:58

As of today and what we know (might be some unknown of course!), they meet the stress test required by the banks authority. From the re-audited accounts it would appear they are 300 million short. They are due in the next 2 months 1/3rd from various sources and in the grand scheme are not that far off not needing to raise any more. The city await another statement, I expect it will be very reassuring and the share price to rise BUT do your own research. With 7% approx short, oversold on little volume and actually good trading update with expansion, I would expect this to be around £15 in the coming months. Obviously Brexit and another revelation could derail this. I think people will be buying on dips rather than chasing over £12.