Metro Bank Share Discussion Threads

[smartie6] 04/3/2020 18:32

It’s not about the market, you need to consider the impact on the economy. You’re being managed by a very intellectual machine.

Think simply, it must be bad if James Bond has returned home.

[sentimentrules] 04/3/2020 18:32

nope, he doesnt

[paul planet earth] 04/3/2020 18:29

Researchers in China have found that two different types of the new coronavirus could be causing infections worldwide.

In a preliminary study published Tuesday, scientists at Peking University's School of Life Sciences and the Institut Pasteur of Shanghai found that a more aggressive type of the new coronavirus had accounted for roughly 70% of analyzed strains, while 30% had been linked to a less aggressive type.

The more aggressive type of virus was found to be prevalent in the early stages of the outbreak in Wuhan — the Chinese city where COVID-19 was first detected late last year.

But the frequency of this type of virus has since decreased from early January.

The researchers said their results indicate the development of new variations of the spike in COVID-19 cases was "likely caused by mutations and natural selection besides recombination."

In their initial conclusions the virus is mutating into a less virulent form..After all a virus that kills its host wont last long hence it mutates into a weaker form..Hence market disruption and short term panic but not Armageddon.

[smartie6] 04/3/2020 18:27

Do you know I believe PPE finally gets it.

I’m not talking end of the world scenario, I’m talking at the start.

Then after it’s all over. Wherever it takes us, add in brexit.

[the old man] 04/3/2020 18:25

lol smartie, mixing your legendary stories.....

"Tonight, Medusa dines in the Hell of Malta, a penny for the Ferryman"

[the old man] 04/3/2020 18:25

39777 - Spartans "Tonight Marie dines in Hell"

[smartie6] 04/3/2020 18:24

I hope you used a mirror and placed the head in the bag without looking.

[paul planet earth] 04/3/2020 18:23

Hasn’t Tom Cruise also closed down one and is now back in England....Smartie6 have you sent him some free hand sanitizer..we can't afford to lose him as well..

[sentimentrules] 04/3/2020 18:23

She was slain by sword and head put an a spike - and shipped back to a cave in malta

[smartie6] 04/3/2020 18:22

PPE, there comes a point where even if you’re unwilling to accept it because it comes from someone you hate that you have to say I accept it.

Extrapolate the known numbers out today with limited understanding. Think about when they close down the tube in fear and impact then. That will come. Remember containment.

Impact on service industry and economy just taking this into account.

[smartie6] 04/3/2020 18:19

As it really old man. Wow, I bet PPE didn’t see that coming.
Hasn’t Tom Cruise also closed down one and is now back in England.
Looks like they’re taking it serious.

[paul planet earth] 04/3/2020 18:19

So 2 million use the London tube every day and how many weeks now 2,3,4 since the virus was known and what 87 out of a population of 66.4m!

[the old man] 04/3/2020 18:19

Was she wiped out SR? She kept bragging about being a Chief Gerbil with 100,000 shares!

Did the Spartans get her?

[the old man] 04/3/2020 18:17

The new James Bond film's release has been put back from April to November already :-(

[sentimentrules] 04/3/2020 18:16

old man looool

[smartie6] 04/3/2020 18:16

At this moment the public are being managed by a team of behavioural experts. They do not want you in a panic or a run on the stores.

This is serious stuff and not a reaction.

First thing you’ll see will be sports fixtures closed, playing behind closed doors.

Closure of public meetings. All stage 1 containment.

At some point you’ll open your eyes and see.

And we see ftse rise 90pts and Dow 500pts and think everything is alright. Lol.

[the old man] 04/3/2020 18:15

What happened to the silly Maltese woman, with the failed cafe (restaurant) lol?

[smartie6] 04/3/2020 18:14

P.S. We’re in stage one at moment.

Wait until a stage of emergency and the police and army are knocking on your door.

[smartie6] 04/3/2020 18:13

Just sit and bury your head in the sand.

1. Containment stage will not last long but will impact the economy.
2. Delay stage will see restrictions enforced. Much tighter. What impact then on the economy.

4 key stages before state of emergency.

[paul planet earth] 04/3/2020 18:12

Sit tight with your portfolio and watch each day as it reduces down. Remember we’re not talking a worse case scenario we’re talking a few months as a start...but they are not that's the thing it was an asset bubble created by QE but indexes have gone back up..Its not the end of the world, it's not Armageddon!

[paul planet earth] 04/3/2020 18:09

'smartie6: Just watched CNN whilst eating my tea. Only 300 tins of beans left now. 80% scoff at those who have taken protective action.'...smarties6's idea of protection is switching to tinned alphabetti and sticking a condom on his head!

[smartie6] 04/3/2020 18:07

How many people living in Italy?
Now closing schools and universities.
Questions:

What impact on those businesses supplying basic needs to schools and universities.Sales decline?
What impact on service industry if in lockdown?
What impact on supply chains if demand falls?
How many zombie businesses out there, believe me you’d be surprised?
What impact on credit risk as SMEs fail?
Impact on larger corporates when SMEs start to fail? Credit insurance becomes how expensive and not affordable.
These are only a few of a thousand questions.
Default rates will be one of the important ones.
Very serious implications, even if for a month or two.

Sit tight with your portfolio and watch each day as it reduces down. Remember we’re not talking a worse case scenario we’re talking a few months as a start.

Taking Hotels in isolation within Italy have seen demand fall by 90% and refunds requested.