Metro Bank Share Discussion Threads

[skrr223] 15/12/2019 11:54

The large shareholders dont have to sell, they have time after all the increased capitalisation. Why would the large shareholders swallow giant losses if they dont have to. In my opinion, a non UK bank seeking presence in the UK is the likely best bet as an acquirer, because for them the branch network is a massive asset. They could easily pay £10/share and receive support of large shareholders.

[sentimentrules] 15/12/2019 11:47

Skrr - hostile buying irradicates that in such a small cap

If the shareholders wont accept - easy slap them up

Of course you need a shorting team working with you on it

Seems to be the case.

[sentimentrules] 15/12/2019 11:46

Yes. Could even have Sorso behind the scenes too

Its strange. I cant fault shorters for still being short. Yet i cant blame buyers for building now.

Hence my 10% exit friday. Indecisive at 203p alert and thats always an exit for me. Reassess

Just need to see a little bit more of x somewhere.

......

Longerterm i dont like the business model. And if its to change that model, other challengers on top in those areas.

I really think this is to strip it out, rather than build

[skrr223] 15/12/2019 11:45

What matters here is NOT what any acquirer wants to offer. Its what the large shareholders are happy to accept. The large holders has suffered horrendous losses, even down 60% on the supposedly 'bargain' £5 share placing price. Look, this IPO'd at roughly £1.7bn/£2bn level in 2016 for what was a loss making bank, generating less than half of current revenue, with much fewer customers, much lower deposits and far fewer branches and significanly lower brand profile/awareness. The value range here appears massive, even at £10/share its still only £1.7bb. Tesco bank's mortgage book alone sold for around £3bn to Lloyds to give perspective, Metro are larger

[pione3r] 15/12/2019 11:42

Look at Bacal's profile. His style is to turnaround underpreasure banks to multiple fold value before he moves on.

My believe is he will hold, eradicate 10% MREL and make MTRO highly profitable again.

[sentimentrules] 15/12/2019 11:39

Big divergence still, in the quarter with EU/US banks. Its still currently the same level of the last 18 months

truly difficult one, but thats what makes playing metro fun lol
#
need a challenge haha

[sentimentrules] 15/12/2019 11:37

ie looking at theor money - and seeing what metro friday was really about. Tends to be easier figure that out when look elsewhere

[sentimentrules] 15/12/2019 11:36

yes if it gets in line with 0.7, a fair price

a lot of the lads have done some deep analysis on challenger/Trad banks post friday. the money movements of the US/EU funds (buy/short funds), to try determine if the friday money was weighted 1. buy side retail or fund, 2. Sell 65V side, retail or funds

still workng on it

[pione3r] 15/12/2019 11:31

Brilliant analysis SR. Thanks.

I see 500-600 mainly due to its current NAV which is 0.2. It needs to get closer to 0.7 like other banks.

There's no point holding it beyond that, it offers no dividend etc.

Agree with, not sure if Bacal taking over or other major bank. All possibilities.

[beerboy2] 15/12/2019 11:28

https://www.thisismoney.co.uk/money/saving/article-7792445/amp/Challenger-bank-Metro-bucks-trend-new-cash-drop-service-small-businesses.html

[beerboy2] 15/12/2019 11:28

https://www.thisismoney.co.uk/money/saving/article-7792445/amp/Challenger-bank-Metro-bucks-trend-new-cash-drop-service-small-businesses.html

[sentimentrules] 15/12/2019 11:16

how do you post a picture here?

[sentimentrules] 15/12/2019 09:43

Yes this will double. 360p a good target at the moment.

Only say 400p because truly believe institutions commenced here building at 260-280p

Further drop not bother them. They are 12 months ahead of us on the data..

Even when they are wrong.. the good ones get out with a few percent anyway

But the knock down from Lloyd rumour rally. .. the Friday suppression..

I think 180 is again realistic. Shorts can work at sub 5% mean on a rally. So probably needs that first

Either way it's a massive buy. Get those dips lol

[sentimentrules] 15/12/2019 09:39

10% 20% 30-50% and 100% if market allows a free run at 50-100

That's my marks depending on stock re ftse 100 or Aim and so on

Not greedy. Always realistic. I'm out regardless. Lock em down and let market decide

[showmethemoneyhoney01] 15/12/2019 09:38

We agree on that SR. One way or another this will double in the coming months imo.

[sentimentrules] 15/12/2019 09:35

Personal target would be 400p for me. If market says 350+ then so be it

However that's me assuming a takeover isn't to expand this brand/model

So I'm out there. Could be wrong of course re plans for it but happy at that level

[sentimentrules] 15/12/2019 09:34

"If we all work together, we can x3 our value"

Ain't happenin in a public forum

Too many pikeys

[thomas4billing] 15/12/2019 09:32

Makes sense for me. What share price IYO ?

[sentimentrules] 15/12/2019 09:31

70% of posts are when I'm out lol

No not my life. Just trying to weed this garden. Find a few savvy ones to 'add value' in real chats

[showmethemoneyhoney01] 15/12/2019 09:28

SR. Is posting here your life? You need to get out.

[sentimentrules] 15/12/2019 09:10

PS the deal is already done (imo). They are just weeding the garden for the FCA